Electronic Short Term Investments vs Accounts Payable Analysis
| ESNR Stock | USD 0.0001 0.00 0.00% |
Electronic Sensor financial indicator trend analysis is much more than just examining Electronic Sensor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electronic Sensor is a good investment. Please check the relationship between Electronic Sensor Short Term Investments and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electronic Sensor Technology. 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.
Short Term Investments vs Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electronic Sensor Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Electronic Sensor's Short Term Investments and Accounts Payable is 0.97. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Electronic Sensor Technology, assuming nothing else is changed. The correlation between historical values of Electronic Sensor's Short Term Investments 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 Short Term Investments of Electronic Sensor Technology 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 Short Term Investments i.e., Electronic Sensor's Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Electronic Sensor balance sheet. It contains any investments Electronic Sensor Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Electronic Sensor can easily liquidate in the marketplace.Accounts Payable
An accounting item on the balance sheet that represents Electronic Sensor 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 Electronic Sensor 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 Electronic Sensor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electronic Sensor 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 Electronic Sensor Technology. 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. As of 03/01/2025, Selling General Administrative is likely to grow to about 1.9 M
| 2010 | 2011 | 2024 | 2025 (projected) | Gross Profit | 819.7K | 682.1K | 613.9K | 687.7K | Total Revenue | 2.1M | 1.7M | 1.6M | 1.6M |
Electronic Sensor fundamental ratios Correlations
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Electronic Sensor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for Electronic Stock Analysis
When running Electronic Sensor's price analysis, check to measure Electronic Sensor'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 Electronic Sensor is operating at the current time. Most of Electronic Sensor's value examination focuses on studying past and present price action to predict the probability of Electronic Sensor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronic Sensor's price. Additionally, you may evaluate how the addition of Electronic Sensor to your portfolios can decrease your overall portfolio volatility.