ISD Stock | | | CAD 13.82 0.06 0.44% |
ISign Media financial indicator trend analysis is infinitely more than just investigating iSign Media Solutions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSign Media Solutions is a good investment. Please check the relationship between ISign Media Cash and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iSign Media Solutions. 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.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
iSign Media Solutions Cash account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ISign Media's Cash and Total Current Liabilities is -0.48. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of iSign Media Solutions, assuming nothing else is changed. The correlation between historical values of ISign Media's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of iSign Media Solutions are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., ISign Media's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of iSign Media Solutions, which is listed under current asset account on iSign Media Solutions balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ISign Media customers. The amounts must be unrestricted with restricted cash listed in a different ISign Media account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Current Liabilities
Total Current Liabilities is an item on ISign Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of iSign Media Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from ISign Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSign Media Solutions 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 iSign Media Solutions. 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 1.2
M in 2024, despite the fact that
Tax Provision is likely to grow to (90.6
K).
ISign Media fundamental ratios Correlations
Click cells to compare fundamentals
ISign Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ISign Media fundamental ratios Accounts
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Additional Tools for ISign Stock Analysis
When running ISign Media's price analysis, check to
measure ISign Media'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 ISign Media is operating at the current time. Most of ISign Media's value examination focuses on studying past and present price action to
predict the probability of ISign Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ISign Media's price. Additionally, you may evaluate how the addition of ISign Media to your portfolios can decrease your overall portfolio volatility.