ATFL Stock | | | 938.15 17.15 1.86% |
Agro Tech financial indicator trend analysis is way more than just evaluating Agro Tech Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agro Tech Foods is a good investment. Please check the relationship between Agro Tech Non Currrent Assets Other and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Tech Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Currrent Assets Other vs Cash And Short Term Investments
Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Agro Tech Foods Non Currrent Assets Other account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Agro Tech's Non Currrent Assets Other and Cash And Short Term Investments is 0.12. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Agro Tech Foods, assuming nothing else is changed. The correlation between historical values of Agro Tech's Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Agro Tech Foods are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Agro Tech's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Agro Tech Foods balance sheet. This account contains Agro Tech investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Agro Tech Foods fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Agro Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agro Tech Foods current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Tech Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 77
M in 2024.
Tax Provision is likely to drop to about 37
M in 2024
Agro Tech fundamental ratios Correlations
Click cells to compare fundamentals
Agro Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agro Tech fundamental ratios Accounts
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measure Agro Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agro Tech is operating at the current time. Most of Agro Tech's value examination focuses on studying past and present price action to
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