0A4G Stock | | | 0.46 0.04 9.52% |
Qurate Retail financial indicator trend analysis is much more than just breaking down Qurate Retail Series prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qurate Retail Series is a good investment. Please check the relationship between Qurate Retail Total Current Liabilities and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Liabilities vs Other Assets
Total Current Liabilities vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qurate Retail Series Total Current Liabilities account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qurate Retail's Total Current Liabilities and Other Assets is -0.29. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets in the same time period over historical financial statements of Qurate Retail Series, assuming nothing else is changed. The correlation between historical values of Qurate Retail's Total Current Liabilities and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Qurate Retail Series are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Qurate Retail's Total Current Liabilities and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Qurate Retail balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Qurate Retail Series are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. 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.
Other Assets
Most indicators from Qurate Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qurate Retail Series 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 Qurate Retail Series. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Discontinued Operations is likely to gain to about 237.2
M in 2024
Qurate Retail fundamental ratios Correlations
Click cells to compare fundamentals
Qurate Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qurate Retail fundamental ratios Accounts
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Additional Tools for Qurate Stock Analysis
When running Qurate Retail's price analysis, check to
measure Qurate Retail's 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 Qurate Retail is operating at the current time. Most of Qurate Retail's value examination focuses on studying past and present price action to
predict the probability of Qurate Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qurate Retail's price. Additionally, you may evaluate how the addition of Qurate Retail to your portfolios can decrease your overall portfolio volatility.