Emerge Non Current Liabilities Total vs Capital Lease Obligations Analysis

ECOM Stock  CAD 0.04  0.00  0.00%   
Emerge Commerce financial indicator trend analysis is much more than just examining Emerge Commerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerge Commerce is a good investment. Please check the relationship between Emerge Commerce Non Current Liabilities Total and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Non Current Liabilities Total vs Capital Lease Obligations

Non Current Liabilities Total vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerge Commerce Non Current Liabilities Total account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Emerge Commerce's Non Current Liabilities Total and Capital Lease Obligations is -0.63. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Emerge Commerce, assuming nothing else is changed. The correlation between historical values of Emerge Commerce's Non Current Liabilities Total and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Emerge Commerce are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Non Current Liabilities Total i.e., Emerge Commerce's Non Current Liabilities Total and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Capital Lease Obligations

Emerge Commerce capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Emerge Commerce asset purchases. For example, Emerge Commerce can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Emerge Commerce 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.
Most indicators from Emerge Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerge Commerce 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Emerge Commerce's Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 13.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 687.6 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.1M23.8M11.9M13.5M
Total Revenue34.8M58.2M23.8M28.6M

Emerge Commerce fundamental ratios Correlations

0.930.97-0.92-0.720.88-0.20.320.340.770.850.740.480.060.48-0.560.55-0.390.530.830.69-0.790.70.740.510.77
0.930.93-0.97-0.690.97-0.410.480.160.860.90.790.690.250.68-0.490.75-0.360.730.810.86-0.840.880.920.720.93
0.970.93-0.91-0.740.95-0.310.210.280.830.90.710.510.130.45-0.460.57-0.40.580.840.69-0.820.70.730.550.76
-0.92-0.97-0.910.82-0.90.52-0.47-0.03-0.7-0.95-0.92-0.55-0.04-0.590.69-0.630.53-0.61-0.92-0.850.91-0.82-0.91-0.58-0.93
-0.72-0.69-0.740.82-0.660.57-0.240.11-0.3-0.9-0.91-0.020.48-0.080.89-0.120.84-0.1-0.95-0.490.94-0.43-0.6-0.06-0.66
0.880.970.95-0.9-0.66-0.40.320.210.910.910.70.660.30.58-0.360.7-0.370.710.760.8-0.810.80.830.70.84
-0.2-0.41-0.310.520.57-0.4-0.250.79-0.14-0.62-0.68-0.340.0-0.350.48-0.390.4-0.39-0.64-0.560.64-0.53-0.6-0.36-0.61
0.320.480.21-0.47-0.240.32-0.25-0.130.290.280.440.440.090.69-0.360.460.010.380.260.44-0.440.70.640.420.68
0.340.160.28-0.030.110.210.79-0.130.38-0.04-0.25-0.050.08-0.120.21-0.070.05-0.05-0.16-0.120.12-0.13-0.14-0.04-0.15
0.770.860.83-0.7-0.30.91-0.140.290.380.650.370.80.610.690.010.80.030.820.460.7-0.530.780.70.830.69
0.850.90.9-0.95-0.90.91-0.620.28-0.040.650.910.42-0.040.4-0.680.51-0.660.510.950.77-0.950.70.820.470.84
0.740.790.71-0.92-0.910.7-0.680.44-0.250.370.910.32-0.230.41-0.880.43-0.710.390.950.76-0.910.670.840.340.86
0.480.690.51-0.55-0.020.66-0.340.44-0.050.80.420.320.840.940.130.990.30.990.270.81-0.290.880.761.00.72
0.060.250.13-0.040.480.30.00.090.080.61-0.04-0.230.840.680.640.770.650.8-0.240.420.220.480.30.830.23
0.480.680.45-0.59-0.080.58-0.350.69-0.120.690.40.410.940.68-0.050.950.280.910.30.79-0.350.930.820.930.8
-0.56-0.49-0.460.690.89-0.360.48-0.360.210.01-0.68-0.880.130.64-0.050.010.820.06-0.82-0.410.77-0.31-0.520.11-0.57
0.550.750.57-0.63-0.120.7-0.390.46-0.070.80.510.430.990.770.950.010.21.00.370.87-0.370.910.830.990.78
-0.39-0.36-0.40.530.84-0.370.40.010.050.03-0.66-0.710.30.650.280.820.20.2-0.69-0.280.67-0.03-0.320.26-0.34
0.530.730.58-0.61-0.10.71-0.390.38-0.050.820.510.390.990.80.910.061.00.20.360.86-0.350.880.80.990.75
0.830.810.84-0.92-0.950.76-0.640.26-0.160.460.950.950.27-0.240.3-0.820.37-0.690.360.67-0.950.610.740.310.78
0.690.860.69-0.85-0.490.8-0.560.44-0.120.70.770.760.810.420.79-0.410.87-0.280.860.67-0.630.880.960.820.91
-0.79-0.84-0.820.910.94-0.810.64-0.440.12-0.53-0.95-0.91-0.290.22-0.350.77-0.370.67-0.35-0.95-0.63-0.67-0.77-0.33-0.83
0.70.880.7-0.82-0.430.8-0.530.7-0.130.780.70.670.880.480.93-0.310.91-0.030.880.610.88-0.670.940.880.95
0.740.920.73-0.91-0.60.83-0.60.64-0.140.70.820.840.760.30.82-0.520.83-0.320.80.740.96-0.770.940.770.99
0.510.720.55-0.58-0.060.7-0.360.42-0.040.830.470.341.00.830.930.110.990.260.990.310.82-0.330.880.770.74
0.770.930.76-0.93-0.660.84-0.610.68-0.150.690.840.860.720.230.8-0.570.78-0.340.750.780.91-0.830.950.990.74
Click cells to compare fundamentals

Emerge Commerce Account Relationship Matchups

Emerge Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities21.0M21.5M43.0M43.1M28.1M29.7M
Retained Earnings(11.2M)(15.8M)(20.0M)(37.2M)(57.5M)(54.7M)
Accounts Payable7.4M10.6M11.9M11.7M8.8M10.0M
Net Receivables697.7K198.1K850.6K1.7M460.2K833.7K
Total Current Assets10.8M15.2M16.4M15.3M5.8M5.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Emerge Stock Analysis

When running Emerge Commerce's price analysis, check to measure Emerge Commerce'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 Emerge Commerce is operating at the current time. Most of Emerge Commerce's value examination focuses on studying past and present price action to predict the probability of Emerge Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerge Commerce's price. Additionally, you may evaluate how the addition of Emerge Commerce to your portfolios can decrease your overall portfolio volatility.