| NHHH Stock | | | CAD 0.04 0.00 0.00% |
FuelPositive Corp financial indicator trend analysis is much more than just examining FuelPositive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FuelPositive Corp is a good investment. Please check the relationship between FuelPositive Corp Total Current Liabilities and its Intangible Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FuelPositive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Total Current Liabilities vs Intangible Assets
Total Current Liabilities vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FuelPositive Corp Total Current Liabilities account and
Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FuelPositive Corp's Total Current Liabilities and Intangible Assets is -0.3. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of FuelPositive Corp, assuming nothing else is changed. The correlation between historical values of FuelPositive Corp's Total Current Liabilities and Intangible Assets 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 Current Liabilities of FuelPositive Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., FuelPositive Corp's Total Current Liabilities and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on FuelPositive Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FuelPositive Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from FuelPositive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FuelPositive Corp 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FuelPositive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Enterprise Value is likely to climb to about 51
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 5.5
M in 2025.
FuelPositive Corp fundamental ratios Correlations
Click cells to compare fundamentals
FuelPositive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FuelPositive Corp fundamental ratios Accounts
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Additional Tools for FuelPositive Stock Analysis
When running FuelPositive Corp's price analysis, check to
measure FuelPositive Corp's 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 FuelPositive Corp is operating at the current time. Most of FuelPositive Corp's value examination focuses on studying past and present price action to
predict the probability of FuelPositive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelPositive Corp's price. Additionally, you may evaluate how the addition of FuelPositive Corp to your portfolios can decrease your overall portfolio volatility.