OGS Stock | | | USD 68.72 0.66 0.97% |
One Gas financial indicator trend analysis is much more than just breaking down One Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Gas is a good investment. Please check the relationship between One Gas Total Liab and its Current Deferred Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy One Stock please use our
How to Invest in One Gas guide.
Total Liab vs Current Deferred Revenue
Total Liab vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One Gas Total Liab account and
Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between One Gas' Total Liab and Current Deferred Revenue is 0.33. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of One Gas, assuming nothing else is changed. The correlation between historical values of One Gas' Total Liab and Current Deferred Revenue 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 One Gas are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., One Gas' Total Liab and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from One Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Gas 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy One Stock please use our
How to Invest in One Gas guide.
Tax Provision is likely to gain to about 46.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 427.8
M in 2024.
One Gas fundamental ratios Correlations
Click cells to compare fundamentals
One Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One Gas fundamental ratios Accounts
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Additional Tools for One Stock Analysis
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