600110 Stock | | | 5.14 0.38 7.98% |
Nuode Investment financial indicator trend analysis is infinitely more than just investigating Nuode Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuode Investment is a good investment. Please check the relationship between Nuode Investment Accounts Payable and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuode Investment Co. 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.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nuode Investment Accounts Payable account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nuode Investment's Accounts Payable and Cash is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Nuode Investment Co, assuming nothing else is changed. The correlation between historical values of Nuode Investment's Accounts Payable and Cash 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 Nuode Investment Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Nuode Investment's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Nuode Investment 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 Nuode Investment 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.
Cash
Cash refers to the most liquid asset of Nuode Investment, which is listed under current asset account on Nuode Investment Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nuode Investment customers. The amounts must be unrestricted with restricted cash listed in a different Nuode Investment 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.
Most indicators from Nuode Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuode Investment 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 Nuode Investment Co. 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.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 52.7
M. In addition to that,
Tax Provision is expected to decline to about 34.8
MNuode Investment fundamental ratios Correlations
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Nuode Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nuode Investment fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nuode Stock
Balance Sheet is a snapshot of the
financial position of Nuode Investment at a specified time, usually calculated after every quarter, six months, or one year. Nuode Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nuode Investment 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 Nuode currently owns. An asset can also be divided into two categories, current and non-current.