Aeries Long Term Debt vs Other Current Liab Analysis
| AERTW Stock | 0.04 0.00 0.00% |
Aeries Technology financial indicator trend analysis is way more than just evaluating Aeries Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeries Technology is a good investment. Please check the relationship between Aeries Technology Long Term Debt and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Long Term Debt vs Other Current Liab
Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeries Technology Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Aeries Technology's Long Term Debt and Other Current Liab is 0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Aeries Technology, assuming nothing else is changed. The correlation between historical values of Aeries Technology's Long Term Debt 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 Long Term Debt of Aeries Technology 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 Long Term Debt i.e., Aeries Technology's Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Aeries Technology has held for over one year. Long-term debt appears on Aeries Technology 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 Aeries Technology 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.Other Current Liab
Most indicators from Aeries Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeries Technology 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Tax Provision is likely to drop to about 1.5 M in 2024. Selling General Administrative is likely to drop to about 13 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.1M | 1.2M | 1.4M | 1.3M | Interest Income | 284K | 191K | 275K | 200K |
Aeries Technology fundamental ratios Correlations
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Aeries Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Aeries Stock Analysis
When running Aeries Technology's price analysis, check to measure Aeries Technology's 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 Aeries Technology is operating at the current time. Most of Aeries Technology's value examination focuses on studying past and present price action to predict the probability of Aeries Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeries Technology's price. Additionally, you may evaluate how the addition of Aeries Technology to your portfolios can decrease your overall portfolio volatility.