FIX Stock | | | USD 432.03 6.82 1.55% |
Comfort Systems financial indicator trend analysis is way more than just evaluating Comfort Systems USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comfort Systems USA is a good investment. Please check the relationship between Comfort Systems Gross Profit Margin and its Non Current Liabilities Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Gross Profit Margin vs Non Current Liabilities Total
Gross Profit Margin vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comfort Systems USA Gross Profit Margin account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Comfort Systems' Gross Profit Margin and Non Current Liabilities Total is -0.12. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Comfort Systems USA, assuming nothing else is changed. The correlation between historical values of Comfort Systems' Gross Profit Margin and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Comfort Systems USA are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Gross Profit Margin i.e., Comfort Systems' Gross Profit Margin and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit Margin
Non Current Liabilities Total
Most indicators from Comfort Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comfort Systems USA 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 Comfort Systems USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Comfort Systems'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 62.4
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (12.8
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 563.2M | 741.6M | 990.5M | 1.0B | Total Revenue | 3.1B | 4.1B | 5.2B | 5.5B |
Comfort Systems fundamental ratios Correlations
Click cells to compare fundamentals
Comfort Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comfort Systems fundamental ratios Accounts
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measure Comfort Systems' 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 Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to
predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.