Facebook Return on Average Assets vs Current Assets Analysis

FB -- USA Stock  

USD 153.74  0.39  0.25%

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 Return on Average Assets and its Current Assets accounts. Additionally see Investing Opportunities.

Return on Average Assets vs Current Assets

Accounts Relationship

Return on Average Assets vs Current Assets

Significance: Weak Relationship

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

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets Average Assets.

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 Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

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