| KEYS Stock | | | 625.00 9.00 1.46% |
Keystone Law financial indicator trend analysis is infinitely more than just investigating Keystone Law Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keystone Law Group is a good investment. Please check the relationship between Keystone Law Net Debt and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keystone Law Group. 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.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Keystone Law Group Net Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Keystone Law's Net Debt and Total Current Liabilities is -0.91. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Keystone Law Group, assuming nothing else is changed. The correlation between historical values of Keystone Law's Net Debt 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 Net Debt of Keystone Law Group 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 Net Debt i.e., Keystone Law's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.91 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Current Liabilities
Total Current Liabilities is an item on Keystone Law balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Keystone Law Group 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 Keystone Law's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keystone Law 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keystone Law Group. 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 gain to about 12.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.3
M in 2024.
Keystone Law fundamental ratios Correlations
Click cells to compare fundamentals
Keystone Law Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Keystone Law fundamental ratios Accounts
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