| 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 Non Currrent Assets Other and its Long 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.
Non Currrent Assets Other vs Long Term Debt
Non Currrent Assets Other vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Identillect Technologies Non Currrent Assets Other account and
Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Identillect Technologies' Non Currrent Assets Other and Long Term Debt is -0.55. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long 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' Non Currrent Assets Other and Long 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 Non Currrent Assets Other of Identillect Technologies Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Identillect Technologies' Non Currrent Assets Other and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
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
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