Amanasu Property Plant And Equipment Net vs Total Current Liabilities Analysis

The correlation between Amanasu Techs' Property Plant And Equipment Net and Total Current Liabilities is -0.34. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Amanasu Techs Corp, assuming nothing else is changed. The correlation between historical values of Amanasu Techs' Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Amanasu Techs Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Amanasu Techs' Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.