002555 Stock | | | 16.09 0.48 2.90% |
37 Interactive financial indicator trend analysis is way more than just evaluating 37 Interactive Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 37 Interactive Enter is a good investment. Please check the relationship between 37 Interactive Accounts Payable and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 37 Interactive Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Accounts Payable vs Other Liab
Accounts Payable vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
37 Interactive Enter Accounts Payable account and
Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 37 Interactive's Accounts Payable and Other Liab is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Liab in the same time period over historical financial statements of 37 Interactive Entertainment, assuming nothing else is changed. The correlation between historical values of 37 Interactive's Accounts Payable and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of 37 Interactive Entertainment are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Accounts Payable i.e., 37 Interactive's Accounts Payable and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents 37 Interactive obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of 37 Interactive Enter are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Liab
Most indicators from 37 Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 37 Interactive Enter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 37 Interactive Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 9.1
B, whereas
Tax Provision is forecasted to decline to about 267.7
M.
37 Interactive fundamental ratios Correlations
Click cells to compare fundamentals
37 Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
37 Interactive fundamental ratios Accounts
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Other Information on Investing in 002555 Stock
Balance Sheet is a snapshot of the
financial position of 37 Interactive Enter at a specified time, usually calculated after every quarter, six months, or one year. 37 Interactive Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 37 Interactive and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 002555 currently owns. An asset can also be divided into two categories, current and non-current.