Sprint Average Equity vs Average Assets Analysis

S -- USA Stock  

USD 5.47  0.01  0.18%

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 Equity and its Average Assets accounts. Also please take a look at World Market Map.

Average Equity vs Average Assets

Accounts Relationship

Average Equity vs Average Assets

Significance: Very Strong Relationship

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

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Average Equity

Average equity value for the period used in calculation of Return on Average Equity

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets

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