FORTY Stock | | | USD 85.25 2.02 2.31% |
Formula Systems financial indicator trend analysis is much more than just examining Formula Systems 1985 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Formula Systems 1985 is a good investment. Please check the relationship between Formula Systems Total Stockholder Equity and its Deferred Long Term Liab accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Total Stockholder Equity vs Deferred Long Term Liab
Total Stockholder Equity vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Formula Systems 1985 Total Stockholder Equity account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Formula Systems' Total Stockholder Equity and Deferred Long Term Liab is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Formula Systems 1985, assuming nothing else is changed. The correlation between historical values of Formula Systems' Total Stockholder Equity and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Formula Systems 1985 are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Stockholder Equity i.e., Formula Systems' Total Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Formula Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Formula Systems 1985 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 Formula Systems 1985. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Enterprise Value is likely to rise to about 1.3
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 155
M in 2024.
Formula Systems fundamental ratios Correlations
Click cells to compare fundamentals
Formula Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Formula Systems fundamental ratios Accounts
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measure Formula 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 Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to
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