| 0ROZ Stock | | | 4.36 0.06 1.40% |
X FAB financial indicator trend analysis is more than just analyzing X FAB Silicon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X FAB Silicon is a good investment. Please check the relationship between X FAB Short Term Debt and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in X FAB Silicon Foundries. 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.
Short Term Debt vs Accounts Payable
Short Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
X FAB Silicon Short Term Debt account and
Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between X FAB's Short Term Debt and Accounts Payable is 0.23. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of X FAB Silicon Foundries, assuming nothing else is changed. The correlation between historical values of X FAB's Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of X FAB Silicon Foundries are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., X FAB's Short Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Debt
Accounts Payable
An accounting item on the balance sheet that represents X FAB 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 X FAB Silicon 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.
Most indicators from X FAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X FAB Silicon 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 X FAB Silicon Foundries. 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 4.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.9
M in 2024.
X FAB fundamental ratios Correlations
Click cells to compare fundamentals
X FAB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
X FAB fundamental ratios Accounts
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