AOUT Stock | | | USD 9.58 0.24 2.57% |
American Outdoor financial indicator trend analysis is way more than just evaluating American Outdoor Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Outdoor Brands is a good investment. Please check the relationship between American Outdoor Total Current Liabilities and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Total Current Liabilities vs Other Liab
Total Current Liabilities vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Outdoor Brands Total Current Liabilities account and
Other Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between American Outdoor's Total Current Liabilities and Other Liab is -0.76. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Liab in the same time period over historical financial statements of American Outdoor Brands, assuming nothing else is changed. The correlation between historical values of American Outdoor's Total Current Liabilities and Other 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 Current Liabilities of American Outdoor Brands are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Liabilities i.e., American Outdoor's Total Current Liabilities and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on American Outdoor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of American Outdoor Brands 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.
Other Liab
Most indicators from American Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Outdoor Brands 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 American Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, American Outdoor's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 30.98 in 2024, whereas
Tax Provision is likely to drop (73.5
K) in 2024.
American Outdoor fundamental ratios Correlations
Click cells to compare fundamentals
American Outdoor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Outdoor fundamental ratios Accounts
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measure American Outdoor'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 American Outdoor is operating at the current time. Most of American Outdoor's value examination focuses on studying past and present price action to
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