PKX Stock | | | USD 45.15 0.03 0.07% |
POSCO Holdings financial indicator trend analysis is much more than just breaking down POSCO Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POSCO Holdings is a good investment. Please check the relationship between POSCO Holdings Other Stockholder Equity and its Other Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in POSCO Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy POSCO Stock please use our
How to Invest in POSCO Holdings guide.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
POSCO Holdings Other Stockholder Equity account and
Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between POSCO Holdings' Other Stockholder Equity and Other Current Assets is 0.3. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of POSCO Holdings, assuming nothing else is changed. The correlation between historical values of POSCO Holdings' Other Stockholder Equity 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 Other Stockholder Equity of POSCO Holdings 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 Other Stockholder Equity i.e., POSCO Holdings' Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
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 POSCO Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POSCO Holdings 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 POSCO Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy POSCO Stock please use our
How to Invest in POSCO Holdings guide.
Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
T in 2024.
POSCO Holdings fundamental ratios Correlations
Click cells to compare fundamentals
POSCO Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POSCO Holdings fundamental ratios Accounts
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Additional Tools for POSCO Stock Analysis
When running POSCO Holdings' price analysis, check to
measure POSCO Holdings' 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 POSCO Holdings is operating at the current time. Most of POSCO Holdings' value examination focuses on studying past and present price action to
predict the probability of POSCO Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO Holdings' price. Additionally, you may evaluate how the addition of POSCO Holdings to your portfolios can decrease your overall portfolio volatility.