THOMASCOTT | | | 374.20 17.81 5.00% |
Thomas Scott financial indicator trend analysis is much more than just breaking down Thomas Scott Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thomas Scott Limited is a good investment. Please check the relationship between Thomas Scott Non Currrent Assets Other and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Thomas Scott 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 nation.
Non Currrent Assets Other vs Other Current Assets
Non Currrent Assets Other vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Thomas Scott Limited Non Currrent Assets Other account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Thomas Scott's Non Currrent Assets Other and Other Current Assets is 0.54. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Thomas Scott Limited, assuming nothing else is changed. The correlation between historical values of Thomas Scott's Non Currrent Assets Other and Other Current 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 Non Currrent Assets Other of Thomas Scott Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Thomas Scott's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
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.
Most indicators from Thomas Scott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thomas Scott Limited 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Thomas Scott 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 nation.
At present, Thomas Scott's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Thomas Scott fundamental ratios Correlations
Click cells to compare fundamentals
Thomas Scott Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thomas Scott fundamental ratios Accounts
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Other Information on Investing in Thomas Stock
Balance Sheet is a snapshot of the
financial position of Thomas Scott Limited at a specified time, usually calculated after every quarter, six months, or one year. Thomas Scott Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thomas Scott 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 Thomas currently owns. An asset can also be divided into two categories, current and non-current.