Cheetah Total Current Liabilities vs Cash Analysis
CTNT Stock | 1.86 0.07 3.63% |
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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheetah Net Supply Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cheetah Net's Total Current Liabilities and Cash is 0.56. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Cheetah Net Supply are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Cheetah Net's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Cheetah Net balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cheetah Net Supply 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.Cash
Cash refers to the most liquid asset of Cheetah Net Supply, which is listed under current asset account on Cheetah Net Supply balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cheetah Net customers. The amounts must be unrestricted with restricted cash listed in a different Cheetah Net account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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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.