| ID Stock | | | CAD 0.01 0.00 0.00% |
Identillect Technologies financial indicator trend analysis is infinitely more than just investigating Identillect Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identillect Technologies is a good investment. Please check the relationship between Identillect Technologies Long Term Debt and its Short Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identillect Technologies Corp. 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.
Long Term Debt vs Short Term Debt
Long Term Debt vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Identillect Technologies Long Term Debt account and
Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Identillect Technologies' Long Term Debt and Short Term Debt is -0.26. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Identillect Technologies Corp, assuming nothing else is changed. The correlation between historical values of Identillect Technologies' Long Term Debt and Short Term Debt 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 Identillect Technologies Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Identillect Technologies' Long Term Debt and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Identillect Technologies has held for over one year. Long-term debt appears on Identillect Technologies Corp 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 Identillect Technologies Corp 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.
Short Term Debt
Most indicators from Identillect Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identillect Technologies 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identillect Technologies Corp. 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.
Selling General Administrative is likely to climb to about 949.7
K in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Identillect Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Identillect Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Identillect Technologies fundamental ratios Accounts
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Additional Tools for Identillect Stock Analysis
When running Identillect Technologies' price analysis, check to
measure Identillect Technologies' 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 Identillect Technologies is operating at the current time. Most of Identillect Technologies' value examination focuses on studying past and present price action to
predict the probability of Identillect Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identillect Technologies' price. Additionally, you may evaluate how the addition of Identillect Technologies to your portfolios can decrease your overall portfolio volatility.