Facebook Current Liabilities vs Weighted Average Shares Analysis

Current Liabilities vs Weighted Average Shares

Current Liabilities

The current portion of Total Liabilities, reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share, determined based on the timing of issuance of shares or units in the period.

Accounts Relationship

Current Liabilities vs Weighted Average Shares

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Facebook Inc Current Liabilities account and Weighted Average Shares

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong