Confluent Total Liab vs Property Plant And Equipment Net Analysis
CFLT Stock | USD 27.13 0.70 2.65% |
Confluent financial indicator trend analysis is way more than just evaluating Confluent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Confluent is a good investment. Please check the relationship between Confluent Total Liab and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Confluent. 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. For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.
Total Liab vs Property Plant And Equipment Net
Total Liab 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 Confluent Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Confluent's Total Liab and Property Plant And Equipment Net is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Confluent, assuming nothing else is changed. The correlation between historical values of Confluent's Total Liab 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 Total Liab of Confluent 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 Total Liab i.e., Confluent's Total Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Confluent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Confluent 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 Confluent. 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. For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.At this time, Confluent's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 12.7 B in 2024, whereas Tax Provision is likely to drop slightly above 3.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.0M | 6.5M | 7.5M | 4.2M | Net Interest Income | 2.0M | 6.5M | 7.5M | 4.2M |
Confluent fundamental ratios Correlations
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Confluent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Confluent Stock Analysis
When running Confluent's price analysis, check to measure Confluent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.