CRIS Stock | | | USD 4.03 0.08 1.95% |
Curis financial indicator trend analysis is way more than just evaluating Curis Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curis Inc is a good investment. Please check the relationship between Curis Accounts Payable and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Curis 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 gross domestic product.
Accounts Payable vs Net Receivables
Accounts Payable vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Curis Inc Accounts Payable account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Curis' Accounts Payable and Net Receivables is 0.73. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Curis Inc, assuming nothing else is changed. The correlation between historical values of Curis' Accounts Payable and Net Receivables 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 Curis Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Curis' Accounts Payable and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Curis 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 Curis 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.
Net Receivables
Most indicators from Curis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curis 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 Curis 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 gross domestic product.
Sales General And Administrative To Revenue is likely to gain to 3.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 14.3
M in 2024.
Curis fundamental ratios Correlations
Click cells to compare fundamentals
Curis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curis fundamental ratios Accounts
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Additional Tools for Curis Stock Analysis
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