Creative Net Tangible Assets vs Total Liab Analysis
Creative Edge financial indicator trend analysis is way more than just evaluating Creative Edge Nutrit prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Edge Nutrit is a good investment. Please check the relationship between Creative Edge Net Tangible Assets and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Creative Edge Nutrit. 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.
Net Tangible Assets vs Total Liab
Net Tangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Edge Nutrit Net Tangible Assets account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Creative Edge's Net Tangible Assets and Total Liab is -0.96. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Creative Edge Nutrit, assuming nothing else is changed. The correlation between historical values of Creative Edge's Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Creative Edge Nutrit are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Creative Edge's Net Tangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Creative Edge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Edge Nutrit 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 Creative Edge Nutrit. 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. Enterprise Value is likely to rise to about 15.4 M in 2024, whereas Discontinued Operations is likely to drop 4,650 in 2024.
2013 | 2014 | 2023 | 2024 (projected) | Gross Profit | 470.2K | 18.7K | 21.5K | 20.4K | Total Revenue | 834.6K | 92.3K | 106.1K | 100.8K |
Creative Edge fundamental ratios Correlations
Click cells to compare fundamentals
Creative Edge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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