ONMOBILE | | | 76.85 0.94 1.21% |
OnMobile Global financial indicator trend analysis is much more than just breaking down OnMobile Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OnMobile Global is a good investment. Please check the relationship between OnMobile Global Other Current Assets and its Non Currrent Assets Other accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OnMobile Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Other Current Assets vs Non Currrent Assets Other
Other Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OnMobile Global Other Current Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between OnMobile Global's Other Current Assets and Non Currrent Assets Other is 0.68. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of OnMobile Global Limited, assuming nothing else is changed. The correlation between historical values of OnMobile Global's Other Current Assets and Non Currrent Assets Other 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 Current Assets of OnMobile Global Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., OnMobile Global's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from OnMobile Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OnMobile Global 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OnMobile Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, OnMobile Global's
Selling General Administrative is quite stable compared to the past year.
Tax Provision is expected to rise to about 129.6
M this year, although the value of
Issuance Of Capital Stock will most likely fall to about 7
M.
OnMobile Global fundamental ratios Correlations
Click cells to compare fundamentals
OnMobile Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OnMobile Global fundamental ratios Accounts
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Other Information on Investing in OnMobile Stock
Balance Sheet is a snapshot of the
financial position of OnMobile Global at a specified time, usually calculated after every quarter, six months, or one year. OnMobile Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of OnMobile Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which OnMobile currently owns. An asset can also be divided into two categories, current and non-current.