DFS Stock | | | 139.00 1.60 1.16% |
DFS Furniture financial indicator trend analysis is much more than just examining DFS Furniture PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DFS Furniture PLC is a good investment. Please check the relationship between DFS Furniture Property Plant Equipment and its Total Current Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DFS Furniture PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Property Plant Equipment vs Total Current Assets
Property Plant Equipment vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DFS Furniture PLC Property Plant Equipment account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DFS Furniture's Property Plant Equipment and Total Current Assets is 0.42. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of DFS Furniture PLC, assuming nothing else is changed. The correlation between historical values of DFS Furniture's Property Plant Equipment and Total Current Assets 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 Equipment of DFS Furniture PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., DFS Furniture's Property Plant Equipment and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from DFS Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DFS Furniture PLC 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DFS Furniture PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 50.2
M. In addition to that,
Tax Provision is expected to decline to about 6.3
MDFS Furniture fundamental ratios Correlations
Click cells to compare fundamentals
DFS Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DFS Furniture fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in DFS Stock
Balance Sheet is a snapshot of the
financial position of DFS Furniture PLC at a specified time, usually calculated after every quarter, six months, or one year. DFS Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DFS Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DFS currently owns. An asset can also be divided into two categories, current and non-current.