600683 Stock | | | 4.26 0.07 1.67% |
Metro Investment financial indicator trend analysis is infinitely more than just investigating Metro Investment Dev recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metro Investment Dev is a good investment. Please check the relationship between Metro Investment Short Long Term Debt and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Metro Investment Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Short Long Term Debt vs Total Current Liabilities
Short Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metro Investment Dev Short Long Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Metro Investment's Short Long Term Debt and Total Current Liabilities is -0.19. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Metro Investment Development, assuming nothing else is changed. The correlation between historical values of Metro Investment's Short Long Term Debt 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 Short Long Term Debt of Metro Investment Development 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 Short Long Term Debt i.e., Metro Investment's Short Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Total Current Liabilities
Total Current Liabilities is an item on Metro Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Metro Investment Development 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 Metro Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metro Investment Dev 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 Metro Investment Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of November 25, 2024,
Selling General Administrative is expected to decline to about 241
M. The current year's
Tax Provision is expected to grow to about (88.6
M)
Metro Investment fundamental ratios Correlations
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Metro Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metro Investment fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Metro Stock
Balance Sheet is a snapshot of the
financial position of Metro Investment Dev at a specified time, usually calculated after every quarter, six months, or one year. Metro Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metro 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 Metro currently owns. An asset can also be divided into two categories, current and non-current.