CICT Long Term Debt vs Total Current Liabilities Analysis

688387 Stock

6.07 0.05 0.82%

CICT Mobile financial indicator trend analysis is way more than just evaluating CICT Mobile Communication prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CICT Mobile Communication is a good investment. Please check the relationship between CICT Mobile 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 CICT Mobile Communication. 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.

Long Term Debt vs Total Current Liabilities

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 CICT Mobile Communication Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.

The correlation between CICT Mobile's Long Term Debt and Total Current Liabilities is -0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CICT Mobile Communication, assuming nothing else is changed. The correlation between historical values of CICT Mobile's 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 Long Term Debt of CICT Mobile Communication 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 Long Term Debt i.e., CICT Mobile's Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that CICT Mobile Communication has held for over one year. Long-term debt appears on CICT Mobile Communication 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 CICT Mobile Communication 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 Liabilities

Total Current Liabilities is an item on CICT Mobile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CICT Mobile Communication 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 CICT Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CICT Mobile Communication 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 CICT Mobile Communication. 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.

The current year's Selling General Administrative is expected to grow to about 438.6 M, whereas Tax Provision is forecasted to decline to about 7.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	122.4M	61.6M	56.9M	81.7M
Interest Income	22.2M	27.2M	49.2M	32.4M

Interest Expense Interest Income

CICT Mobile fundamental ratios Correlations

	Net Debt	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Net Debt		-0.64	-0.32	0.73	-0.58	0.77	0.82	-0.8	-0.34	0.93	-0.6	-0.35	-0.76	-0.69	-0.28	0.75	-0.62	-0.48	0.78	-0.59	0.88	0.57	-0.63	-0.64	-0.56	-0.56
Total Assets	-0.64		0.87	-0.75	0.97	-0.95	-0.93	0.95	0.82	-0.62	0.67	0.84	0.91	0.93	0.72	-0.95	1.0	0.94	-0.71	1.0	-0.85	-0.84	1.0	0.94	0.89	0.97
Other Current Liab	-0.32	0.87		-0.55	0.81	-0.75	-0.7	0.77	0.98	-0.46	0.33	0.93	0.61	0.66	0.92	-0.73	0.87	0.9	-0.47	0.87	-0.67	-0.66	0.87	0.71	0.87	0.83
Total Current Liabilities	0.73	-0.75	-0.55		-0.82	0.9	0.92	-0.89	-0.48	0.71	-0.29	-0.76	-0.84	-0.65	-0.64	0.9	-0.74	-0.48	0.99	-0.75	0.92	0.94	-0.74	-0.82	-0.89	-0.82
Total Stockholder Equity	-0.58	0.97	0.81	-0.82		-0.96	-0.94	0.93	0.72	-0.52	0.61	0.86	0.94	0.91	0.7	-0.97	0.98	0.85	-0.78	0.99	-0.82	-0.93	0.97	0.98	0.9	1.0
Property Plant And Equipment Net	0.77	-0.95	-0.75	0.9	-0.96		1.0	-0.99	-0.69	0.72	-0.61	-0.82	-0.96	-0.9	-0.68	1.0	-0.95	-0.79	0.89	-0.95	0.94	0.93	-0.95	-0.96	-0.92	-0.96
Retained Earnings	0.82	-0.93	-0.7	0.92	-0.94	1.0		-0.99	-0.64	0.76	-0.61	-0.77	-0.96	-0.89	-0.64	0.99	-0.92	-0.75	0.91	-0.92	0.96	0.92	-0.92	-0.94	-0.89	-0.93
Accounts Payable	-0.8	0.95	0.77	-0.89	0.93	-0.99	-0.99		0.73	-0.79	0.59	0.82	0.93	0.88	0.71	-0.98	0.94	0.81	-0.87	0.94	-0.97	-0.89	0.95	0.92	0.92	0.93
Cash	-0.34	0.82	0.98	-0.48	0.72	-0.69	-0.64	0.73		-0.52	0.29	0.87	0.52	0.6	0.91	-0.65	0.81	0.87	-0.4	0.8	-0.65	-0.54	0.82	0.61	0.81	0.74
Non Current Assets Total	0.93	-0.62	-0.46	0.71	-0.52	0.72	0.76	-0.79	-0.52		-0.37	-0.48	-0.61	-0.55	-0.49	0.68	-0.59	-0.49	0.74	-0.56	0.9	0.52	-0.61	-0.52	-0.64	-0.52
Non Currrent Assets Other	-0.6	0.67	0.33	-0.29	0.61	-0.61	-0.61	0.59	0.29	-0.37		0.17	0.75	0.88	0.0	-0.62	0.68	0.71	-0.32	0.66	-0.47	-0.4	0.68	0.7	0.28	0.6
Long Term Debt	-0.35	0.84	0.93	-0.76	0.86	-0.82	-0.77	0.82	0.87	-0.48	0.17		0.67	0.61	0.96	-0.8	0.84	0.74	-0.69	0.86	-0.74	-0.84	0.84	0.76	0.97	0.87
Net Receivables	-0.76	0.91	0.61	-0.84	0.94	-0.96	-0.96	0.93	0.52	-0.61	0.75	0.67		0.95	0.47	-0.98	0.91	0.75	-0.84	0.91	-0.86	-0.9	0.91	0.98	0.79	0.93
Common Stock Shares Outstanding	-0.69	0.93	0.66	-0.65	0.91	-0.9	-0.89	0.88	0.6	-0.55	0.88	0.61	0.95		0.43	-0.91	0.94	0.88	-0.64	0.93	-0.76	-0.76	0.94	0.95	0.7	0.9
Non Current Liabilities Total	-0.28	0.72	0.92	-0.64	0.7	-0.68	-0.64	0.71	0.91	-0.49	0.0	0.96	0.47	0.43		-0.65	0.72	0.66	-0.56	0.72	-0.67	-0.67	0.72	0.57	0.9	0.72
Capital Lease Obligations	0.75	-0.95	-0.73	0.9	-0.97	1.0	0.99	-0.98	-0.65	0.68	-0.62	-0.8	-0.98	-0.91	-0.65		-0.95	-0.78	0.88	-0.95	0.92	0.94	-0.95	-0.97	-0.9	-0.97
Inventory	-0.62	1.0	0.87	-0.74	0.98	-0.95	-0.92	0.94	0.81	-0.59	0.68	0.84	0.91	0.94	0.72	-0.95		0.94	-0.7	1.0	-0.83	-0.84	1.0	0.95	0.88	0.98
Other Current Assets	-0.48	0.94	0.9	-0.48	0.85	-0.79	-0.75	0.81	0.87	-0.49	0.71	0.74	0.75	0.88	0.66	-0.78	0.94		-0.43	0.93	-0.67	-0.61	0.94	0.81	0.73	0.86
Total Liab	0.78	-0.71	-0.47	0.99	-0.78	0.89	0.91	-0.87	-0.4	0.74	-0.32	-0.69	-0.84	-0.64	-0.56	0.88	-0.7	-0.43		-0.71	0.92	0.91	-0.7	-0.8	-0.84	-0.77
Net Invested Capital	-0.59	1.0	0.87	-0.75	0.99	-0.95	-0.92	0.94	0.8	-0.56	0.66	0.86	0.91	0.93	0.72	-0.95	1.0	0.93	-0.71		-0.82	-0.86	1.0	0.96	0.89	0.99
Property Plant And Equipment Gross	0.88	-0.85	-0.67	0.92	-0.82	0.94	0.96	-0.97	-0.65	0.9	-0.47	-0.74	-0.86	-0.76	-0.67	0.92	-0.83	-0.67	0.92	-0.82		0.83	-0.84	-0.82	-0.88	-0.82
Short Long Term Debt	0.57	-0.84	-0.66	0.94	-0.93	0.93	0.92	-0.89	-0.54	0.52	-0.4	-0.84	-0.9	-0.76	-0.67	0.94	-0.84	-0.61	0.91	-0.86	0.83		-0.84	-0.93	-0.91	-0.93
Total Current Assets	-0.63	1.0	0.87	-0.74	0.97	-0.95	-0.92	0.95	0.82	-0.61	0.68	0.84	0.91	0.94	0.72	-0.95	1.0	0.94	-0.7	1.0	-0.84	-0.84		0.94	0.88	0.97
Capital Stock	-0.64	0.94	0.71	-0.82	0.98	-0.96	-0.94	0.92	0.61	-0.52	0.7	0.76	0.98	0.95	0.57	-0.97	0.95	0.81	-0.8	0.96	-0.82	-0.93	0.94		0.84	0.98
Non Current Liabilities Other	-0.56	0.89	0.87	-0.89	0.9	-0.92	-0.89	0.92	0.81	-0.64	0.28	0.97	0.79	0.7	0.9	-0.9	0.88	0.73	-0.84	0.89	-0.88	-0.91	0.88	0.84		0.91
Net Working Capital	-0.56	0.97	0.83	-0.82	1.0	-0.96	-0.93	0.93	0.74	-0.52	0.6	0.87	0.93	0.9	0.72	-0.97	0.98	0.86	-0.77	0.99	-0.82	-0.93	0.97	0.98	0.91

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Balance Sheet is a snapshot of the financial position of CICT Mobile Communication at a specified time, usually calculated after every quarter, six months, or one year. CICT Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CICT Mobile 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 CICT currently owns. An asset can also be divided into two categories, current and non-current.

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CICT Long Term Debt vs Total Current Liabilities Analysis

Long Term Debt vs Total Current Liabilities

Long Term Debt vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Current Liabilities

CICT Mobile fundamental ratios Correlations

CICT Mobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in CICT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Property Plant And Equipment Net
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net

Accounts Payable	- 0.99	Retained Earnings
Accounts Payable	- 0.99	Property Plant And Equipment Net
Capital Lease Obligations	- 0.98	Net Receivables
Capital Lease Obligations	- 0.98	Accounts Payable
Net Working Capital	- 0.97	Capital Lease Obligations
Capital Stock	- 0.97	Capital Lease Obligations