Sprint Average Assets vs Invested Capital Average Analysis

S -- USA Stock  

USD 6.46  0.09  1.41%

Sprint financial indicator trend analysis is much more than just breaking down Sprint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprint is a good investment. Please check the relationship between Sprint Average Assets and its Invested Capital Average accounts. Also please take a look at World Market Map.

Average Assets vs Invested Capital Average

Accounts Relationship

Average Assets vs Invested Capital Average

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Sprint Average Assets account and Invested Capital Average

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Companies Directory

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
Search macroaxis.com