PTCIL Stock | | | 11,551 125.55 1.08% |
PTC INDUSTRIES financial indicator trend analysis is much more than just breaking down PTC INDUSTRIES LTD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC INDUSTRIES LTD is a good investment. Please check the relationship between PTC INDUSTRIES Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC INDUSTRIES LTD. 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 economic analysis.
Non Current Liabilities Total vs Property Plant And Equipment Net
Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PTC INDUSTRIES LTD Non Current Liabilities Total account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PTC INDUSTRIES's Non Current Liabilities Total and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of PTC INDUSTRIES LTD, assuming nothing else is changed. The correlation between historical values of PTC INDUSTRIES's Non Current Liabilities Total and Property Plant And Equipment Net 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 PTC INDUSTRIES LTD are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., PTC INDUSTRIES's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from PTC INDUSTRIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC INDUSTRIES LTD 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 PTC INDUSTRIES LTD. 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 economic analysis.
As of the 15th of December 2024,
Selling General Administrative is likely to drop to about 99.8
MPTC INDUSTRIES fundamental ratios Correlations
Click cells to compare fundamentals
PTC INDUSTRIES Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PTC INDUSTRIES fundamental ratios Accounts
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Other Information on Investing in PTC Stock
Balance Sheet is a snapshot of the
financial position of PTC INDUSTRIES LTD at a specified time, usually calculated after every quarter, six months, or one year. PTC INDUSTRIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC INDUSTRIES 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 PTC currently owns. An asset can also be divided into two categories, current and non-current.