ACS Stock | | | 0.01 0.00 0.00% |
Accent Resources financial indicator trend analysis is way more than just evaluating Accent Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accent Resources is a good investment. Please check the relationship between Accent Resources Long Term Debt and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Accent Resources NL. 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 Revenue
Long Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Accent Resources Long Term Debt account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Accent Resources' Long Term Debt and Total Revenue is -0.46. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Accent Resources NL, assuming nothing else is changed. The correlation between historical values of Accent Resources' Long Term Debt and Total Revenue 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 Accent Resources NL are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., Accent Resources' Long Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Accent Resources has held for over one year. Long-term debt appears on Accent Resources NL 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 Accent Resources NL 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 Revenue
Total revenue comprises all receipts Accent Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Accent Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accent Resources 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 Accent Resources NL. 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.
Selling General Administrative is likely to drop to about 639.2
K in 2024.
Issuance Of Capital Stock is likely to drop to about 4.4
M in 2024
Accent Resources fundamental ratios Correlations
Click cells to compare fundamentals
Accent Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accent Resources fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Accent Stock Analysis
When running Accent Resources' price analysis, check to
measure Accent Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Accent Resources is operating at the current time. Most of Accent Resources' value examination focuses on studying past and present price action to
predict the probability of Accent Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accent Resources' price. Additionally, you may evaluate how the addition of Accent Resources to your portfolios can decrease your overall portfolio volatility.