| ISGI Stock | | | CAD 0.04 0.01 16.67% |
InsuraGuest Technologies financial indicator trend analysis is infinitely more than just investigating InsuraGuest Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InsuraGuest Technologies is a good investment. Please check the relationship between InsuraGuest Technologies Intangible Assets and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Intangible Assets vs Accounts Payable
Intangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
InsuraGuest Technologies Intangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between InsuraGuest Technologies' Intangible Assets and Accounts Payable is -0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of InsuraGuest Technologies, assuming nothing else is changed. The correlation between historical values of InsuraGuest Technologies' Intangible Assets 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 Intangible Assets of InsuraGuest Technologies 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 Intangible Assets i.e., InsuraGuest Technologies' Intangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.89 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Accounts Payable
An accounting item on the balance sheet that represents InsuraGuest Technologies 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 InsuraGuest Technologies 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 InsuraGuest Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InsuraGuest 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 InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Selling General Administrative is likely to climb to about 1.4
M in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to (37.2
K).
InsuraGuest Technologies fundamental ratios Correlations
Click cells to compare fundamentals
InsuraGuest Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InsuraGuest Technologies fundamental ratios Accounts
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Additional Tools for InsuraGuest Stock Analysis
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measure InsuraGuest 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 InsuraGuest Technologies is operating at the current time. Most of InsuraGuest Technologies' value examination focuses on studying past and present price action to
predict the probability of InsuraGuest Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InsuraGuest Technologies' price. Additionally, you may evaluate how the addition of InsuraGuest Technologies to your portfolios can decrease your overall portfolio volatility.