FACT Stock | | | 1,003 108.15 12.08% |
Fertilizers financial indicator trend analysis is much more than just examining Fertilizers and Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fertilizers and Chemicals is a good investment. Please check the relationship between Fertilizers Capital Expenditures and its Change To Inventory accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fertilizers and Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fertilizers and Chemicals Capital Expenditures account and
Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fertilizers' Capital Expenditures and Change To Inventory is -0.5. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Fertilizers and Chemicals, assuming nothing else is changed. The correlation between historical values of Fertilizers' Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Fertilizers and Chemicals are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Fertilizers' Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Fertilizers and Chemicals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Fertilizers operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Fertilizers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fertilizers and Chemicals 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 Fertilizers and Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Selling General Administrative is likely to drop to about 35.1
M in 2024.
Tax Provision is likely to gain to about (975.4
M) in 2024
Fertilizers fundamental ratios Correlations
Click cells to compare fundamentals
Fertilizers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fertilizers fundamental ratios Accounts
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Additional Tools for Fertilizers Stock Analysis
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measure Fertilizers' 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 Fertilizers is operating at the current time. Most of Fertilizers' value examination focuses on studying past and present price action to
predict the probability of Fertilizers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fertilizers' price. Additionally, you may evaluate how the addition of Fertilizers to your portfolios can decrease your overall portfolio volatility.