ESGL Long Term Debt vs Intangible Assets Analysis

ESGLW Stock   0.02  0  22.82%   
ESGL Holdings financial indicator trend analysis is much more than just examining ESGL Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESGL Holdings Limited is a good investment. Please check the relationship between ESGL Holdings Long Term Debt and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESGL Holdings Limited Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between ESGL Holdings' Long Term Debt and Intangible Assets is -0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of ESGL Holdings Limited, assuming nothing else is changed. The correlation between historical values of ESGL Holdings' Long Term Debt and Intangible 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 Long Term Debt of ESGL Holdings Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., ESGL Holdings' Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that ESGL Holdings Limited has held for over one year. Long-term debt appears on ESGL Holdings Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ESGL Holdings Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from ESGL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESGL Holdings Limited 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 ESGL Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tax Provision is likely to climb to about 139.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.6M3.2M4.3M3.1M
Total Revenue4.0M5.0M6.2M4.9M

ESGL Holdings fundamental ratios Correlations

0.890.91.00.31-0.71-0.30.931.0-0.250.670.980.9-0.930.930.911.00.51-0.640.65-0.850.96-0.89
0.890.610.870.31-0.88-0.320.940.89-0.230.910.840.75-0.891.00.670.890.53-0.560.79-0.920.94-0.9
0.90.610.910.21-0.42-0.20.730.9-0.20.320.920.87-0.770.670.940.90.35-0.570.38-0.610.79-0.71
1.00.870.910.32-0.69-0.320.931.0-0.280.650.990.9-0.930.910.921.00.52-0.660.63-0.840.95-0.88
0.310.310.210.320.0-0.950.460.34-0.930.030.42-0.1-0.340.340.490.30.86-0.76-0.04-0.260.44-0.05
-0.71-0.88-0.42-0.690.00.1-0.76-0.70.04-0.87-0.65-0.650.83-0.86-0.47-0.72-0.410.45-0.980.94-0.730.94
-0.3-0.32-0.2-0.32-0.950.1-0.51-0.340.99-0.05-0.440.10.44-0.35-0.5-0.3-0.920.84-0.090.34-0.390.12
0.930.940.730.930.46-0.76-0.510.94-0.440.770.930.76-0.960.960.820.930.65-0.710.68-0.880.93-0.85
1.00.890.91.00.34-0.7-0.340.94-0.290.660.990.89-0.930.930.921.00.53-0.660.64-0.850.97-0.88
-0.25-0.23-0.2-0.28-0.930.040.99-0.44-0.290.06-0.40.150.4-0.26-0.5-0.26-0.910.85-0.050.29-0.330.07
0.670.910.320.650.03-0.87-0.050.770.660.060.570.65-0.690.870.330.680.24-0.210.77-0.780.73-0.79
0.980.840.920.990.42-0.65-0.440.930.99-0.40.570.84-0.940.890.960.980.61-0.750.6-0.830.94-0.84
0.90.750.870.9-0.1-0.650.10.760.890.150.650.84-0.780.780.740.90.1-0.290.58-0.690.79-0.84
-0.93-0.89-0.77-0.93-0.340.830.44-0.96-0.930.4-0.69-0.94-0.78-0.92-0.85-0.93-0.650.76-0.80.94-0.890.92
0.931.00.670.910.34-0.86-0.350.960.93-0.260.870.890.78-0.920.740.930.56-0.60.77-0.920.96-0.91
0.910.670.940.920.49-0.47-0.50.820.92-0.50.330.960.74-0.850.740.910.65-0.810.45-0.710.85-0.72
1.00.890.91.00.3-0.72-0.30.931.0-0.260.680.980.9-0.930.930.910.5-0.640.65-0.850.96-0.89
0.510.530.350.520.86-0.41-0.920.650.53-0.910.240.610.1-0.650.560.650.5-0.960.42-0.640.61-0.43
-0.64-0.56-0.57-0.66-0.760.450.84-0.71-0.660.85-0.21-0.75-0.290.76-0.6-0.81-0.64-0.96-0.470.7-0.670.54
0.650.790.380.63-0.04-0.98-0.090.680.64-0.050.770.60.58-0.80.770.450.650.42-0.47-0.930.66-0.91
-0.85-0.92-0.61-0.84-0.260.940.34-0.88-0.850.29-0.78-0.83-0.690.94-0.92-0.71-0.85-0.640.7-0.93-0.870.96
0.960.940.790.950.44-0.73-0.390.930.97-0.330.730.940.79-0.890.960.850.960.61-0.670.66-0.87-0.86
-0.89-0.9-0.71-0.88-0.050.940.12-0.85-0.880.07-0.79-0.84-0.840.92-0.91-0.72-0.89-0.430.54-0.910.96-0.86
Click cells to compare fundamentals

ESGL Holdings Account Relationship Matchups

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 ESGL Stock Analysis

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