Facebook Current Assets vs Return on Average Assets Analysis

FB -- USA Stock  

  Trading Volume Increase

Facebook financial indicator trend analysis is much more than just examining Facebook latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Facebook is a good investment. Please check the relationship between Facebook Current Assets and its Return on Average Assets accounts. Additionally see Investing Opportunities.

Current Assets vs Return on Average Assets

Accounts Relationship

Current Assets vs Return on Average Assets

Significance: Strong Relationship

Current Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Facebook Current Assets account and Return on Average Assets

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Assets

Current assets of Facebook include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Facebook. The current portion of [Assets]; reported if a company operates a classified balance sheet that segments current and non-current assets.

Return on Average Assets

Return on assets measures how profitable a company is [NetIncCmn] relative to its total assets [AssetsAvg].
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