3onedata Total Assets vs Other Current Liab Analysis

688618 Stock   22.34  0.29  1.28%   
3onedata financial indicator trend analysis is way more than just evaluating 3onedata prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3onedata is a good investment. Please check the relationship between 3onedata Total Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 3onedata Co Ltd. 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3onedata Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 3onedata's Total Assets and Other Current Liab is -0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of 3onedata Co Ltd, assuming nothing else is changed. The correlation between historical values of 3onedata's Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of 3onedata Co Ltd are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., 3onedata's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of 3onedata assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 3onedata books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

Most indicators from 3onedata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3onedata 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 3onedata Co Ltd. 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 28, 2024, Tax Provision is expected to decline to about 7.5 M. In addition to that, Selling General Administrative is expected to decline to about 48.7 M
 2021 2022 2023 2024 (projected)
Interest Expense1.4M2.4M2.6M1.5M
Interest Income1.8M1.1M1.0M1.0M

3onedata fundamental ratios Correlations

-0.630.971.00.950.860.540.950.750.880.980.940.90.981.00.930.990.910.980.970.920.91-0.910.92
-0.63-0.44-0.66-0.54-0.38-0.59-0.470.0-0.57-0.7-0.33-0.35-0.47-0.64-0.42-0.67-0.73-0.73-0.67-0.45-0.510.46-0.45
0.97-0.440.950.950.860.360.980.860.870.910.990.971.00.960.980.940.850.90.910.970.95-0.960.97
1.0-0.660.950.940.850.570.930.730.870.990.920.880.961.00.911.00.910.990.980.90.9-0.890.9
0.95-0.540.950.940.70.290.980.80.980.870.920.970.950.950.980.910.960.880.850.960.96-0.930.97
0.86-0.380.860.850.70.640.760.750.540.890.880.720.870.850.740.880.580.860.920.730.69-0.770.73
0.54-0.590.360.570.290.640.260.160.170.680.340.140.40.540.210.620.340.690.680.170.16-0.180.16
0.95-0.470.980.930.980.760.260.820.940.870.960.990.980.951.00.910.90.860.870.990.98-0.960.99
0.750.00.860.730.80.750.160.820.70.660.920.870.850.750.850.710.610.650.650.810.76-0.810.81
0.88-0.570.870.870.980.540.170.940.70.780.830.930.870.890.940.840.980.80.750.930.95-0.890.93
0.98-0.70.910.990.870.890.680.870.660.780.880.80.930.980.840.990.851.01.00.830.83-0.830.83
0.94-0.330.990.920.920.880.340.960.920.830.880.950.990.930.960.910.790.860.880.940.91-0.940.94
0.9-0.350.970.880.970.720.140.990.870.930.80.950.960.91.00.850.860.790.80.990.98-0.960.99
0.98-0.471.00.960.950.870.40.980.850.870.930.990.960.970.970.950.860.910.930.960.95-0.950.96
1.0-0.640.961.00.950.850.540.950.750.890.980.930.90.970.930.990.920.980.970.920.91-0.910.92
0.93-0.420.980.910.980.740.211.00.850.940.840.961.00.970.930.890.890.840.840.990.98-0.960.99
0.99-0.670.941.00.910.880.620.910.710.840.990.910.850.950.990.890.890.990.980.870.87-0.870.87
0.91-0.730.850.910.960.580.340.90.610.980.850.790.860.860.920.890.890.880.820.880.91-0.850.89
0.98-0.730.90.990.880.860.690.860.650.81.00.860.790.910.980.840.990.880.980.820.82-0.820.82
0.97-0.670.910.980.850.920.680.870.650.751.00.880.80.930.970.840.980.820.980.830.82-0.830.83
0.92-0.450.970.90.960.730.170.990.810.930.830.940.990.960.920.990.870.880.820.831.0-0.991.0
0.91-0.510.950.90.960.690.160.980.760.950.830.910.980.950.910.980.870.910.820.821.0-0.981.0
-0.910.46-0.96-0.89-0.93-0.77-0.18-0.96-0.81-0.89-0.83-0.94-0.96-0.95-0.91-0.96-0.87-0.85-0.82-0.83-0.99-0.98-0.98
0.92-0.450.970.90.970.730.160.990.810.930.830.940.990.960.920.990.870.890.820.831.01.0-0.98
Click cells to compare fundamentals

3onedata Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in 3onedata Stock

Balance Sheet is a snapshot of the financial position of 3onedata at a specified time, usually calculated after every quarter, six months, or one year. 3onedata Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3onedata 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 3onedata currently owns. An asset can also be divided into two categories, current and non-current.