Kaufman Cash vs Total Current Liabilities Analysis
| 0F07 Stock | 31.73 0.42 1.31% |
Kaufman Et financial indicator trend analysis is infinitely more than just investigating Kaufman Et Broad recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaufman Et Broad is a good investment. Please check the relationship between Kaufman Et Cash and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kaufman Et Broad. 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.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaufman Et Broad Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kaufman Et's Cash and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Kaufman Et Broad, assuming nothing else is changed. The correlation between historical values of Kaufman Et's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Kaufman Et Broad are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Kaufman Et's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Kaufman Et Broad, which is listed under current asset account on Kaufman Et Broad balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kaufman Et customers. The amounts must be unrestricted with restricted cash listed in a different Kaufman Et account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Kaufman Et balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kaufman Et Broad 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.Most indicators from Kaufman Et's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaufman Et Broad 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 Kaufman Et Broad. 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. Tax Provision is likely to gain to about 23 M in 2024. Selling General Administrative is likely to gain to about 90.1 M in 2024
| 2019 | 2020 | 2023 | 2024 (projected) | Interest Income | 5.6M | 12.2M | 14.0M | 7.6M | Tax Provision | 16.2M | 21.7M | 19.6M | 23.0M |
Kaufman Et fundamental ratios Correlations
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Kaufman Et Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Kaufman Et's price analysis, check to measure Kaufman Et'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 Kaufman Et is operating at the current time. Most of Kaufman Et's value examination focuses on studying past and present price action to predict the probability of Kaufman Et's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaufman Et's price. Additionally, you may evaluate how the addition of Kaufman Et to your portfolios can decrease your overall portfolio volatility.