| FPR Stock | | | 3.07 0.03 0.99% |
FleetPartners financial indicator trend analysis is much more than just examining FleetPartners Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FleetPartners Group is a good investment. Please check the relationship between FleetPartners Other Operating Expenses and its Total Other Income Expense Net accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FleetPartners Group. 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.
Other Operating Expenses vs Total Other Income Expense Net
Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FleetPartners Group Other Operating Expenses account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between FleetPartners' Other Operating Expenses and Total Other Income Expense Net is 0.2. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of FleetPartners Group, assuming nothing else is changed. The correlation between historical values of FleetPartners' Other Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of FleetPartners Group are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., FleetPartners' Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FleetPartners Group. It is also known as FleetPartners overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Other Income Expense Net
Most indicators from FleetPartners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FleetPartners Group 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 FleetPartners Group. 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 gain to about 74.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 32.4
M in 2024.
FleetPartners fundamental ratios Correlations
Click cells to compare fundamentals
FleetPartners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FleetPartners fundamental ratios Accounts
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Additional Tools for FleetPartners Stock Analysis
When running FleetPartners' price analysis, check to
measure FleetPartners' 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 FleetPartners is operating at the current time. Most of FleetPartners' value examination focuses on studying past and present price action to
predict the probability of FleetPartners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FleetPartners' price. Additionally, you may evaluate how the addition of FleetPartners to your portfolios can decrease your overall portfolio volatility.