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Advanced Gross Margin vs Total Assets Analysis

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AMD -- USA Stock  

Trending

Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Gross Margin and its Total Assets accounts. Please continue to Trending Equities.

Gross Margin vs Total Assets

Accounts Relationship

Gross Margin vs Total Assets

Significance: Almost Identical Trend

Gross Margin diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Gross Margin account and Total Assets

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Margin

Gross margin measures the ratio between a company's gross profit and revenues.

Total Assets

Total assets refers to the total amount of advanced micro assets owned. assets are items that have some economic value and are expended over time to create a benefit for the owner. these assets are usually recorded in advanced micro devices books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. sum of the carrying amounts as of the balance sheet date of all assets that are recognized. major components are cash and equivalents; investments; goodwill and intangible assets; property plant and equipment net; tax asset and trade and non trade receivables.