Cheetah Capital Lease Obligations vs Total Current Assets Analysis
CTNT Stock | 1.93 0.05 2.66% |
Cheetah Net financial indicator trend analysis is way more than just evaluating Cheetah Net Supply prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheetah Net Supply is a good investment. Please check the relationship between Cheetah Net Capital Lease Obligations and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheetah Net Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Capital Lease Obligations vs Total Current Assets
Capital Lease Obligations vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheetah Net Supply Capital Lease Obligations account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cheetah Net's Capital Lease Obligations and Total Current Assets is 0.88. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Cheetah Net Supply, assuming nothing else is changed. The correlation between historical values of Cheetah Net's Capital Lease Obligations and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Cheetah Net Supply are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Lease Obligations i.e., Cheetah Net's Capital Lease Obligations and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Lease Obligations
Cheetah Net Supply capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cheetah Net asset purchases. For example, Cheetah Net can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cheetah Net control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Cheetah Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheetah Net Supply 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 Cheetah Net Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Cheetah Net's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.06 in 2024, whereas Tax Provision is likely to drop slightly above 44.3 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 82.3K | 21.9K | 1.2M | 1.3M | Depreciation And Amortization | 87.8K | 169.5K | 140.1K | 145.7K |
Cheetah Net fundamental ratios Correlations
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Cheetah Net Account Relationship Matchups
High Positive Relationship
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Additional Tools for Cheetah Stock Analysis
When running Cheetah Net's price analysis, check to measure Cheetah Net'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 Cheetah Net is operating at the current time. Most of Cheetah Net's value examination focuses on studying past and present price action to predict the probability of Cheetah Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheetah Net's price. Additionally, you may evaluate how the addition of Cheetah Net to your portfolios can decrease your overall portfolio volatility.