Angstrom Property Plant Equipment vs Accounts Payable Analysis
| AGTT Stock | USD 0.16 0.01 6.67% |
Angstrom Technologies financial indicator trend analysis is way more than just evaluating Angstrom Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angstrom Technologies is a good investment. Please check the relationship between Angstrom Technologies Property Plant Equipment and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angstrom Technologies. 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. For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.
Property Plant Equipment vs Accounts Payable
Property Plant Equipment vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angstrom Technologies Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Angstrom Technologies' Property Plant Equipment and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Angstrom Technologies, assuming nothing else is changed. The correlation between historical values of Angstrom Technologies' Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Angstrom Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Angstrom Technologies' Property Plant Equipment and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant Equipment
Accounts Payable
An accounting item on the balance sheet that represents Angstrom Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Angstrom Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Angstrom Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angstrom Technologies 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 Angstrom Technologies. 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. For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.At this time, Angstrom Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.46 in 2024, despite the fact that Enterprise Value is likely to grow to (915.9 K).
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 948.2K | 712.9K | 641.6K | 681.5K | Total Revenue | 1.5M | 1.2M | 1.1M | 1.1M |
Angstrom Technologies fundamental ratios Correlations
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Angstrom Technologies Account Relationship Matchups
High Positive Relationship
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When running Angstrom Technologies' price analysis, check to measure Angstrom Technologies' 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 Angstrom Technologies is operating at the current time. Most of Angstrom Technologies' value examination focuses on studying past and present price action to predict the probability of Angstrom Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angstrom Technologies' price. Additionally, you may evaluate how the addition of Angstrom Technologies to your portfolios can decrease your overall portfolio volatility.