| PRES Stock | | | 35.50 0.50 1.39% |
Pressure Technologies financial indicator trend analysis is much more than just breaking down Pressure Technologies Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pressure Technologies Plc is a good investment. Please check the relationship between Pressure Technologies Other Current Assets and its Property Plant And Equipment Gross accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pressure Technologies 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.
Other Current Assets vs Property Plant And Equipment Gross
Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pressure Technologies Plc Other Current Assets account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Pressure Technologies' Other Current Assets and Property Plant And Equipment Gross is -0.71. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Pressure Technologies Plc, assuming nothing else is changed. The correlation between historical values of Pressure Technologies' Other Current Assets and Property Plant And Equipment Gross 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 Pressure Technologies Plc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Pressure Technologies' Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.
Property Plant And Equipment Gross
Most indicators from Pressure Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pressure Technologies 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pressure Technologies 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.
Selling General Administrative is likely to drop to about 7
M in 2025.
Tax Provision is likely to drop to about (527.7
K) in 2025
Pressure Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Pressure Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pressure Technologies fundamental ratios Accounts
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