Cactus Other Current Liab vs Total Liab Analysis
| CCTS Stock | USD 11.16 0.25 2.29% |
Cactus Acquisition financial indicator trend analysis is way more than just evaluating Cactus Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cactus Acquisition Corp is a good investment. Please check the relationship between Cactus Acquisition Other Current Liab and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Other Current Liab vs Total Liab
Other Current Liab vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cactus Acquisition Corp Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cactus Acquisition's Other Current Liab and Total Liab is 0.9. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Cactus Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cactus Acquisition's Other Current Liab and Total 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 Other Current Liab of Cactus Acquisition Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., Cactus Acquisition's Other Current Liab and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Liab
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Cactus Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cactus Acquisition Corp 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 Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Enterprise Value Over EBITDA is likely to drop to 48.92 in 2024. Enterprise Value Multiple is likely to drop to 48.92 in 2024
| 2010 | 2023 | 2024 (projected) | Interest Income | 1.9M | 3.5M | 2.9M | Net Interest Income | 1.9M | 3.5M | 2.9M |
Cactus Acquisition fundamental ratios Correlations
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Cactus Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Cactus Stock Analysis
When running Cactus Acquisition's price analysis, check to measure Cactus Acquisition'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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.