HMSO Stock | | | 281.80 4.40 1.54% |
Hammerson PLC financial indicator trend analysis is much more than just examining Hammerson PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hammerson PLC is a good investment. Please check the relationship between Hammerson PLC Non Current Liabilities Total and its Retained Earnings accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammerson 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.
Non Current Liabilities Total vs Retained Earnings
Non Current Liabilities Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hammerson PLC Non Current Liabilities Total account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hammerson PLC's Non Current Liabilities Total and Retained Earnings is 0.84. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Hammerson PLC, assuming nothing else is changed. The correlation between historical values of Hammerson PLC's Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Hammerson PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., Hammerson PLC's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Hammerson PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hammerson 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 Hammerson 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.
Tax Provision is likely to gain to about 1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 50.2
M in 2024.
Hammerson PLC fundamental ratios Correlations
Click cells to compare fundamentals
Hammerson PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hammerson PLC fundamental ratios Accounts
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