| GAMA Stock | | | 1,616 40.00 2.54% |
Gamma Communications financial indicator trend analysis is much more than just examining Gamma Communications PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gamma Communications PLC is a good investment. Please check the relationship between Gamma Communications Cash and its Non Current Liabilities Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamma Communications 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 board of governors.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gamma Communications PLC Cash account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gamma Communications' Cash and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Gamma Communications PLC, assuming nothing else is changed. The correlation between historical values of Gamma Communications' Cash 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 Cash of Gamma Communications PLC 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 Cash i.e., Gamma Communications' Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Gamma Communications PLC, which is listed under current asset account on Gamma Communications PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gamma Communications customers. The amounts must be unrestricted with restricted cash listed in a different Gamma Communications account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Non Current Liabilities Total
Most indicators from Gamma Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gamma Communications 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamma Communications 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 board of governors.
Issuance Of Capital Stock is likely to gain to about 2.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 57.8
M in 2024.
Gamma Communications fundamental ratios Correlations
Click cells to compare fundamentals
Gamma Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gamma Communications fundamental ratios Accounts
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measure Gamma Communications' 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 Gamma Communications is operating at the current time. Most of Gamma Communications' value examination focuses on studying past and present price action to
predict the probability of Gamma Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gamma Communications' price. Additionally, you may evaluate how the addition of Gamma Communications to your portfolios can decrease your overall portfolio volatility.