Credit Intangible Assets vs Total Current Liabilities Analysis

CCP Stock   15.94  0.06  0.38%   
Credit Corp financial indicator trend analysis is way more than just evaluating Credit Corp Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credit Corp Group is a good investment. Please check the relationship between Credit Corp Intangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Corp Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Corp Group Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Credit Corp's Intangible Assets and Total Current Liabilities is -0.04. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Credit Corp Group, assuming nothing else is changed. The correlation between historical values of Credit Corp's Intangible Assets 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 Intangible Assets of Credit Corp Group 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 Intangible Assets i.e., Credit Corp's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Credit Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Credit Corp Group 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 Credit Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credit Corp Group 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 Credit Corp Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Selling General Administrative is likely to gain to about 235.3 M in 2025, whereas Tax Provision is likely to drop slightly above 31.6 M in 2025.
 2022 2023 2024 2025 (projected)
Other Operating Expenses216.0M377.5M132.1M117.7M
Interest Expense17.0M25.9M36.2M38.1M

Credit Corp fundamental ratios Correlations

0.790.640.530.850.510.860.440.80.710.760.380.420.60.650.84-0.580.60.840.410.370.830.870.840.460.65
0.790.850.830.980.240.830.820.990.470.870.740.750.410.740.92-0.30.930.910.770.320.930.840.750.850.86
0.640.850.780.830.340.750.720.810.310.710.710.750.380.420.8-0.140.790.790.730.360.820.770.610.740.73
0.530.830.780.790.360.590.750.80.20.670.970.970.450.450.740.120.80.710.98-0.040.770.610.420.80.65
0.850.980.830.790.320.90.690.970.550.910.660.720.490.750.98-0.410.820.950.70.310.980.910.760.720.8
0.510.240.340.360.320.4-0.040.240.420.320.270.310.68-0.110.38-0.270.060.410.270.160.380.40.13-0.010.13
0.860.830.750.590.90.40.420.80.550.850.440.520.520.670.94-0.560.60.930.480.350.941.00.760.450.57
0.440.820.720.750.69-0.040.420.80.170.50.770.690.070.510.540.050.970.60.770.230.570.450.571.00.82
0.80.990.810.80.970.240.80.80.510.860.710.720.40.760.91-0.320.910.90.750.290.920.820.740.830.87
0.710.470.310.20.550.420.550.170.510.490.110.170.370.220.53-0.750.290.640.140.430.530.550.540.180.34
0.760.870.710.670.910.320.850.50.860.490.540.620.610.740.93-0.40.680.860.60.40.930.860.610.560.64
0.380.740.710.970.660.270.440.770.710.110.540.970.290.320.60.260.780.611.0-0.130.630.460.290.810.6
0.420.750.750.970.720.310.520.690.720.170.620.970.370.320.690.150.730.670.98-0.070.720.540.320.740.57
0.60.410.380.450.490.680.520.070.40.370.610.290.370.240.55-0.340.210.50.330.380.540.510.260.130.12
0.650.740.420.450.75-0.110.670.510.760.220.740.320.320.240.73-0.250.640.60.370.120.710.670.690.540.69
0.840.920.80.740.980.380.940.540.910.530.930.60.690.550.73-0.430.70.940.650.271.00.940.70.580.69
-0.58-0.3-0.140.12-0.41-0.27-0.560.05-0.32-0.75-0.40.260.15-0.34-0.25-0.43-0.08-0.570.22-0.63-0.42-0.56-0.520.06-0.12
0.60.930.790.80.820.060.60.970.910.290.680.780.730.210.640.7-0.080.740.80.290.730.620.660.980.87
0.840.910.790.710.950.410.930.60.90.640.860.610.670.50.60.94-0.570.740.640.390.950.940.720.630.65
0.410.770.730.980.70.270.480.770.750.140.61.00.980.330.370.650.220.80.64-0.090.680.50.310.810.62
0.370.320.36-0.040.310.160.350.230.290.430.4-0.13-0.070.380.120.27-0.630.290.39-0.090.290.360.440.220.23
0.830.930.820.770.980.380.940.570.920.530.930.630.720.540.711.0-0.420.730.950.680.290.940.70.610.71
0.870.840.770.610.910.41.00.450.820.550.860.460.540.510.670.94-0.560.620.940.50.360.940.770.480.59
0.840.750.610.420.760.130.760.570.740.540.610.290.320.260.690.7-0.520.660.720.310.440.70.770.560.73
0.460.850.740.80.72-0.010.451.00.830.180.560.810.740.130.540.580.060.980.630.810.220.610.480.560.83
0.650.860.730.650.80.130.570.820.870.340.640.60.570.120.690.69-0.120.870.650.620.230.710.590.730.83
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Credit Corp Account Relationship Matchups

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Additional Tools for Credit Stock Analysis

When running Credit Corp's price analysis, check to measure Credit Corp'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 Credit Corp is operating at the current time. Most of Credit Corp's value examination focuses on studying past and present price action to predict the probability of Credit Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Corp's price. Additionally, you may evaluate how the addition of Credit Corp to your portfolios can decrease your overall portfolio volatility.