Intelligent Accounts Payable vs Current Deferred Revenue Analysis
INTJ Stock | 0.93 0.01 1.09% |
Intelligent Group financial indicator trend analysis is infinitely more than just investigating Intelligent Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intelligent Group is a good investment. Please check the relationship between Intelligent Group Accounts Payable and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intelligent Group Limited. 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.
Accounts Payable vs Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intelligent Group Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Intelligent Group's Accounts Payable and Current Deferred Revenue is -0.92. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Intelligent Group Limited, assuming nothing else is changed. The correlation between historical values of Intelligent Group's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Intelligent Group Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Intelligent Group's Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Intelligent Group 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 Intelligent Group 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Intelligent Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intelligent Group 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 Intelligent Group Limited. 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. At this time, Intelligent Group's Tax Provision is relatively stable compared to the past year. Sales General And Administrative To Revenue is expected to hike to 3.16 this year, although the value of Selling General Administrative will most likely fall to nearly 4.9 M.
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 113.9K | 103.4K | 98.2K | Interest Income | 2.4K | 2.8K | 3.0K |
Intelligent Group fundamental ratios Correlations
Click cells to compare fundamentals
Intelligent Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intelligent Group. If investors know Intelligent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intelligent Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share 0.05 | Revenue Per Share 1.826 | Quarterly Revenue Growth 0.929 | Return On Assets 0.0936 |
The market value of Intelligent Group is measured differently than its book value, which is the value of Intelligent that is recorded on the company's balance sheet. Investors also form their own opinion of Intelligent Group's value that differs from its market value or its book value, called intrinsic value, which is Intelligent Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intelligent Group's market value can be influenced by many factors that don't directly affect Intelligent Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intelligent Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intelligent Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intelligent Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.