Nuburu Cash And Short Term Investments vs Accounts Payable Analysis

BURU Stock   0.43  0.05  10.42%   
Nuburu financial indicator trend analysis is infinitely more than just investigating Nuburu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuburu Inc is a good investment. Please check the relationship between Nuburu Cash And Short Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuburu Inc Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Nuburu's Cash And Short Term Investments and Accounts Payable is -0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nuburu Inc, assuming nothing else is changed. The correlation between historical values of Nuburu's Cash And Short Term Investments 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 Cash And Short Term Investments of Nuburu Inc 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 Cash And Short Term Investments i.e., Nuburu's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nuburu Inc balance sheet. This account contains Nuburu investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nuburu Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents Nuburu 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 Nuburu Inc 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 Nuburu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuburu Inc 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 Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Sales General And Administrative To Revenue is likely to gain to 6.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization546.9K450.5K505.9K396.4K
Interest Income1.2K44.0K1.6M1.7M

Nuburu fundamental ratios Correlations

-0.42-0.510.810.950.75-0.59-0.26-0.780.87-0.830.78-0.6-0.710.820.78-0.810.7-0.83-0.4-0.34-0.6-0.620.87-0.630.94
-0.420.99-0.85-0.68-0.910.650.360.89-0.770.76-0.890.650.92-0.47-0.890.82-0.10.560.770.27-0.130.94-0.80.31-0.54
-0.510.99-0.87-0.73-0.940.620.460.91-0.80.84-0.930.620.93-0.48-0.930.87-0.10.570.720.390.00.94-0.830.3-0.6
0.81-0.85-0.870.950.98-0.82-0.22-0.990.99-0.880.96-0.82-0.990.820.96-0.940.55-0.89-0.78-0.21-0.14-0.940.99-0.630.87
0.95-0.68-0.730.950.92-0.72-0.26-0.940.98-0.90.91-0.72-0.90.880.91-0.910.64-0.9-0.61-0.29-0.38-0.810.98-0.620.93
0.75-0.91-0.940.980.92-0.73-0.37-0.990.95-0.920.98-0.73-0.990.730.98-0.940.39-0.78-0.73-0.34-0.16-0.950.97-0.490.8
-0.590.650.62-0.82-0.72-0.73-0.270.78-0.820.57-0.721.00.8-0.74-0.720.76-0.750.90.96-0.27-0.190.83-0.810.9-0.78
-0.260.360.46-0.22-0.26-0.37-0.270.28-0.160.61-0.45-0.270.230.19-0.450.40.49-0.18-0.220.990.650.28-0.22-0.37-0.17
-0.780.890.91-0.99-0.94-0.990.780.28-0.970.89-0.970.780.99-0.78-0.970.94-0.470.840.770.260.130.95-0.980.55-0.82
0.87-0.77-0.80.990.980.95-0.82-0.16-0.97-0.860.93-0.82-0.960.890.93-0.920.65-0.93-0.75-0.17-0.19-0.891.0-0.670.9
-0.830.760.84-0.88-0.9-0.920.570.610.89-0.86-0.970.570.85-0.57-0.970.96-0.310.660.520.620.510.86-0.90.44-0.86
0.78-0.89-0.930.960.910.98-0.72-0.45-0.970.93-0.97-0.72-0.950.651.0-0.990.37-0.75-0.71-0.44-0.28-0.960.95-0.520.85
-0.60.650.62-0.82-0.72-0.731.0-0.270.78-0.820.57-0.720.8-0.74-0.720.76-0.750.90.96-0.27-0.190.83-0.810.9-0.78
-0.710.920.93-0.99-0.9-0.990.80.230.99-0.960.85-0.950.8-0.77-0.950.91-0.450.830.810.190.030.95-0.960.54-0.78
0.82-0.47-0.480.820.880.73-0.740.19-0.780.89-0.570.65-0.74-0.770.65-0.640.83-0.95-0.590.15-0.09-0.60.85-0.660.78
0.78-0.89-0.930.960.910.98-0.72-0.45-0.970.93-0.971.0-0.72-0.950.65-0.990.37-0.75-0.71-0.44-0.28-0.960.95-0.520.85
-0.810.820.87-0.94-0.91-0.940.760.40.94-0.920.96-0.990.760.91-0.64-0.99-0.450.780.730.410.320.95-0.950.63-0.91
0.7-0.1-0.10.550.640.39-0.750.49-0.470.65-0.310.37-0.75-0.450.830.37-0.45-0.87-0.540.4-0.09-0.370.61-0.890.74
-0.830.560.57-0.89-0.9-0.780.9-0.180.84-0.930.66-0.750.90.83-0.95-0.750.78-0.870.77-0.150.070.75-0.910.84-0.89
-0.40.770.72-0.78-0.61-0.730.96-0.220.77-0.750.52-0.710.960.81-0.59-0.710.73-0.540.77-0.27-0.380.87-0.750.76-0.63
-0.340.270.39-0.21-0.29-0.34-0.270.990.26-0.170.62-0.44-0.270.190.15-0.440.410.4-0.15-0.270.770.23-0.23-0.3-0.24
-0.6-0.130.0-0.14-0.38-0.16-0.190.650.13-0.190.51-0.28-0.190.03-0.09-0.280.32-0.090.07-0.380.770.01-0.220.03-0.45
-0.620.940.94-0.94-0.81-0.950.830.280.95-0.890.86-0.960.830.95-0.6-0.960.95-0.370.750.870.230.01-0.910.59-0.77
0.87-0.8-0.830.990.980.97-0.81-0.22-0.981.0-0.90.95-0.81-0.960.850.95-0.950.61-0.91-0.75-0.23-0.22-0.91-0.660.91
-0.630.310.3-0.63-0.62-0.490.9-0.370.55-0.670.44-0.520.90.54-0.66-0.520.63-0.890.840.76-0.30.030.59-0.66-0.81
0.94-0.54-0.60.870.930.8-0.78-0.17-0.820.9-0.860.85-0.78-0.780.780.85-0.910.74-0.89-0.63-0.24-0.45-0.770.91-0.81
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Nuburu Account Relationship Matchups

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