FTAC Other Current Liab vs Accounts Payable Analysis
| FLDDU Stock | 12.00 0.60 5.26% |
FTAC Emerald financial indicator trend analysis is much more than just examining FTAC Emerald Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTAC Emerald Acquisition is a good investment. Please check the relationship between FTAC Emerald Other Current Liab and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Other Current Liab vs Accounts Payable
Other Current Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTAC Emerald Acquisition Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FTAC Emerald's Other Current Liab and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FTAC Emerald Acquisition, assuming nothing else is changed. The correlation between historical values of FTAC Emerald's Other Current Liab 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 Other Current Liab of FTAC Emerald Acquisition 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 Other Current Liab i.e., FTAC Emerald's Other Current Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Other Current Liab
Accounts Payable
An accounting item on the balance sheet that represents FTAC Emerald 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 FTAC Emerald Acquisition 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 FTAC Emerald's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTAC Emerald Acquisition 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 FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Tax Provision is likely to drop to about 1.7 M in 2024. Selling General Administrative is likely to drop to about 3 M in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 3.6M | 11.2M | 8.2M | Tax Provision | 726.4K | 2.3M | 1.7M |
FTAC Emerald fundamental ratios Correlations
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FTAC Emerald Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running FTAC Emerald's price analysis, check to measure FTAC Emerald'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 FTAC Emerald is operating at the current time. Most of FTAC Emerald's value examination focuses on studying past and present price action to predict the probability of FTAC Emerald's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTAC Emerald's price. Additionally, you may evaluate how the addition of FTAC Emerald to your portfolios can decrease your overall portfolio volatility.