| CASS Stock | | | USD 44.94 1.04 2.37% |
Cass Information financial indicator trend analysis is way more than just evaluating Cass Information Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cass Information Systems is a good investment. Please check the relationship between Cass Information Treasury Stock and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cass Information Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Treasury Stock vs Accounts Payable
Treasury Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cass Information Systems Treasury Stock account and
Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Cass Information's Treasury Stock and Accounts Payable is -0.92. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Cass Information Systems, assuming nothing else is changed. The correlation between historical values of Cass Information's Treasury Stock 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 Treasury Stock of Cass Information Systems 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 Treasury Stock i.e., Cass Information's Treasury Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Treasury Stock
Accounts Payable
An accounting item on the balance sheet that represents Cass Information 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 Cass Information Systems 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 Cass Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cass Information Systems 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 Cass Information Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to drop to about 3.4
M in 2024.
Tax Provision is likely to drop to about 5.7
M in 2024
Cass Information fundamental ratios Correlations
Click cells to compare fundamentals
Cass Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cass Information fundamental ratios Accounts
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