Rekor Total Current Liabilities from 2010 to 2024

REKR Stock  USD 0.96  0.01  1.03%   
Rekor Systems Total Current Liabilities yearly trend continues to be relatively stable with very little volatility. Total Current Liabilities is likely to drop to about 9.1 M. Total Current Liabilities is the total amount of liabilities that Rekor Systems is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2015-12-31
Previous Quarter
21.2 M
Current Value
30.6 M
Quarterly Volatility
6.7 M
 
Yuan Drop
 
Covid
Check Rekor Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rekor Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Interest Expense of 3.8 M or Selling General Administrative of 16.3 M, as well as many indicators such as Price To Sales Ratio of 5.38, Dividend Yield of 0.0012 or PTB Ratio of 7.33. Rekor financial statements analysis is a perfect complement when working with Rekor Systems Valuation or Volatility modules.
  
Check out the analysis of Rekor Systems Correlation against competitors.
To learn how to invest in Rekor Stock, please use our How to Invest in Rekor Systems guide.

Latest Rekor Systems' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Rekor Systems over the last few years. Total Current Liabilities is an item on Rekor Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rekor Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Rekor Systems' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rekor Systems' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Rekor Total Current Liabilities Regression Statistics

Arithmetic Mean6,423,677
Geometric Mean3,654,253
Coefficient Of Variation91.36
Mean Deviation5,037,485
Median5,918,000
Standard Deviation5,868,420
Sample Variance34.4T
Range16.3M
R-Value0.86
Mean Square Error9.7T
R-Squared0.74
Significance0.000041
Slope1,127,571
Total Sum of Squares482.1T

Rekor Total Current Liabilities History

20249.1 M
202317.2 M
202215.4 M
202113.8 M
20205.9 M
201910.3 M
20188.6 M

About Rekor Systems Financial Statements

Rekor Systems shareholders use historical fundamental indicators, such as Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Rekor Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Rekor Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rekor Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities17.2 M9.1 M

Pair Trading with Rekor Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rekor Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rekor Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Rekor Stock

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The ability to find closely correlated positions to Rekor Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rekor Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rekor Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rekor Systems to buy it.
The correlation of Rekor Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rekor Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rekor Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rekor Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Rekor Stock Analysis

When running Rekor Systems' price analysis, check to measure Rekor Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rekor Systems is operating at the current time. Most of Rekor Systems' value examination focuses on studying past and present price action to predict the probability of Rekor Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rekor Systems' price. Additionally, you may evaluate how the addition of Rekor Systems to your portfolios can decrease your overall portfolio volatility.