CLA Stock | | | 0.50 0.03 5.66% |
CAP LEASE financial indicator trend analysis is way more than just evaluating CAP LEASE AVIATION prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAP LEASE AVIATION is a good investment. Please check the relationship between CAP LEASE Accounts Payable and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAP LEASE AVIATION. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Accounts Payable vs Other Liab
Accounts Payable vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CAP LEASE AVIATION Accounts Payable account and
Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between CAP LEASE's Accounts Payable and Other Liab is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Liab in the same time period over historical financial statements of CAP LEASE AVIATION, assuming nothing else is changed. The correlation between historical values of CAP LEASE's Accounts Payable 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 Accounts Payable of CAP LEASE AVIATION 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 Accounts Payable i.e., CAP LEASE's Accounts Payable and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents CAP LEASE 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 CAP LEASE AVIATION 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.
Other Liab
Most indicators from CAP LEASE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAP LEASE AVIATION 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 CAP LEASE AVIATION. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Issuance Of Capital Stock is expected to grow to about 17.3
M, whereas
Selling General Administrative is forecasted to decline to about 672.2
K.
CAP LEASE fundamental ratios Correlations
Click cells to compare fundamentals
CAP LEASE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAP LEASE fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in CAP Stock
Balance Sheet is a snapshot of the
financial position of CAP LEASE AVIATION at a specified time, usually calculated after every quarter, six months, or one year. CAP LEASE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CAP LEASE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CAP currently owns. An asset can also be divided into two categories, current and non-current.