Aeorema Intangible Assets vs Cash Analysis
| AEO Stock | | | 63.50 4.00 5.93% |
Aeorema Communications financial indicator trend analysis is way more than just evaluating Aeorema Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeorema Communications is a good investment. Please check the relationship between Aeorema Communications Intangible Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeorema Communications 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 inflation.
Intangible Assets vs Cash
Intangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aeorema Communications Intangible Assets account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aeorema Communications' Intangible Assets and Cash is -0.26. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Aeorema Communications Plc, assuming nothing else is changed. The correlation between historical values of Aeorema Communications' Intangible Assets and Cash 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 Aeorema Communications Plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Intangible Assets i.e., Aeorema Communications' Intangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.26 |
| 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.
Cash
Cash refers to the most liquid asset of Aeorema Communications, which is listed under current asset account on Aeorema Communications Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aeorema Communications customers. The amounts must be unrestricted with restricted cash listed in a different Aeorema Communications account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Aeorema Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeorema Communications 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeorema Communications 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 inflation.
The current year's
Selling General Administrative is expected to grow to about 3.2
M, whereas
Tax Provision is forecasted to decline to about 99.8
K.
Aeorema Communications fundamental ratios Correlations
Click cells to compare fundamentals
Aeorema Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aeorema Communications fundamental ratios Accounts
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Other Information on Investing in Aeorema Stock
Balance Sheet is a snapshot of the
financial position of Aeorema Communications at a specified time, usually calculated after every quarter, six months, or one year. Aeorema Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aeorema Communications 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 Aeorema currently owns. An asset can also be divided into two categories, current and non-current.