VNP Stock | | | CAD 6.60 0.09 1.35% |
5N Plus financial indicator trend analysis is way more than just evaluating 5N Plus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 5N Plus is a good investment. Please check the relationship between 5N Plus Intangible Assets and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in 5N Plus. 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.
Intangible Assets vs Other Current Assets
Intangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
5N Plus Intangible Assets account and
Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 5N Plus' Intangible Assets and Other Current Assets is -0.01. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of 5N Plus, assuming nothing else is changed. The correlation between historical values of 5N Plus' Intangible Assets 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 Intangible Assets of 5N Plus 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 Intangible Assets i.e., 5N Plus' Intangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 5N Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 5N Plus 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 5N Plus. 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, 5N Plus'
Tax Provision is very stable compared to the past year. As of the 1st of March 2025,
Enterprise Value is likely to grow to about 614.9
M, while
Selling General Administrative is likely to drop about 24.9
M.
5N Plus fundamental ratios Correlations
Click cells to compare fundamentals
5N Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
5N Plus fundamental ratios Accounts
Other Information on Investing in VNP Stock
Balance Sheet is a snapshot of the
financial position of 5N Plus at a specified time, usually calculated after every quarter, six months, or one year. 5N Plus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 5N Plus 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 VNP currently owns. An asset can also be divided into two categories, current and non-current.