Anaergia Capital Lease Obligations vs Total Current Liabilities Analysis
ANRG Stock | 0.95 0.03 3.06% |
Anaergia financial indicator trend analysis is way more than just evaluating Anaergia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anaergia is a good investment. Please check the relationship between Anaergia Capital Lease Obligations and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anaergia. 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.
Capital Lease Obligations vs Total Current Liabilities
Capital Lease Obligations vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anaergia Capital Lease Obligations account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anaergia's Capital Lease Obligations and Total Current Liabilities is 0.54. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Anaergia, assuming nothing else is changed. The correlation between historical values of Anaergia's Capital Lease Obligations 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 Capital Lease Obligations of Anaergia 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 Capital Lease Obligations i.e., Anaergia's Capital Lease Obligations and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Lease Obligations
Anaergia capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Anaergia asset purchases. For example, Anaergia can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Anaergia control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Current Liabilities
Total Current Liabilities is an item on Anaergia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Anaergia 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 Anaergia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anaergia 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 Anaergia. 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 the 29th of November 2024, Enterprise Value is likely to grow to about 940.2 M, though Tax Provision is likely to grow to (8.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.4M | 3.7M | 5.8M | 4.2M | Interest Income | 917K | 23.5M | 27.1M | 28.4M |
Anaergia fundamental ratios Correlations
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Anaergia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Anaergia Stock
Balance Sheet is a snapshot of the financial position of Anaergia at a specified time, usually calculated after every quarter, six months, or one year. Anaergia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anaergia 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 Anaergia currently owns. An asset can also be divided into two categories, current and non-current.