600110 Stock | | | 4.76 0.10 2.15% |
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 Long Term Debt and its Total Current Assets 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.
Long Term Debt vs Total Current Assets
Long Term Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nuode Investment Long Term Debt account and
Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nuode Investment's Long Term Debt and Total Current Assets is 0.71. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets 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 Long Term Debt and Total Current 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 Long Term Debt of Nuode Investment Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., Nuode Investment's Long Term Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Nuode Investment has held for over one year. Long-term debt appears on Nuode Investment Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nuode Investment Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 22, 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
Click cells to compare fundamentals
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.