PHOENIXLTD | | | 1,775 70.55 3.82% |
Phoenix Mills financial indicator trend analysis is much more than just breaking down Phoenix Mills prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Mills is a good investment. Please check the relationship between Phoenix Mills Total Assets and its Non Current Liabilities Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in The Phoenix Mills. 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.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Phoenix Mills Total Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Phoenix Mills' Total Assets and Non Current Liabilities Total is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of The Phoenix Mills, assuming nothing else is changed. The correlation between historical values of Phoenix Mills' Total Assets 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 Total Assets of The Phoenix Mills 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 Total Assets i.e., Phoenix Mills' Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Phoenix Mills assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Phoenix Mills books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Non Current Liabilities Total
Most indicators from Phoenix Mills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Mills 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 The Phoenix Mills. 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.
At this time, Phoenix Mills'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 3.3
B in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 53.2
M in 2024.
Phoenix Mills fundamental ratios Correlations
Click cells to compare fundamentals
Phoenix Mills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phoenix Mills fundamental ratios Accounts
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Additional Tools for Phoenix Stock Analysis
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measure Phoenix Mills' 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 Phoenix Mills is operating at the current time. Most of Phoenix Mills' value examination focuses on studying past and present price action to
predict the probability of Phoenix Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix Mills' price. Additionally, you may evaluate how the addition of Phoenix Mills to your portfolios can decrease your overall portfolio volatility.