ENTX Stock | | | USD 1.59 0.03 1.85% |
Entera Bio financial indicator trend analysis is much more than just examining Entera Bio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entera Bio is a good investment. Please check the relationship between Entera Bio Property Plant And Equipment Gross and its Accounts Payable accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entera Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Entera Stock please use our
How to Invest in Entera Bio guide.
Property Plant And Equipment Gross vs Accounts Payable
Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Entera Bio Property Plant And Equipment Gross account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entera Bio's Property Plant And Equipment Gross and Accounts Payable is -0.43. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Entera Bio, assuming nothing else is changed. The correlation between historical values of Entera Bio's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Entera Bio are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Entera Bio's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Accounts Payable
An accounting item on the balance sheet that represents Entera Bio 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 Entera Bio 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.
Most indicators from Entera Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entera Bio 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 Entera Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Entera Stock please use our
How to Invest in Entera Bio guide.At this time, Entera Bio's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 51.15 in 2024, despite the fact that
Tax Provision is likely to grow to (16.1
K).
Entera Bio fundamental ratios Correlations
Click cells to compare fundamentals
Entera Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entera Bio fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Entera Stock Analysis
When running Entera Bio's price analysis, check to
measure Entera Bio'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 Entera Bio is operating at the current time. Most of Entera Bio's value examination focuses on studying past and present price action to
predict the probability of Entera Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entera Bio's price. Additionally, you may evaluate how the addition of Entera Bio to your portfolios can decrease your overall portfolio volatility.