| LEND Stock | | | 0.30 0.15 33.33% |
Sancus Lending financial indicator trend analysis is much more than just breaking down Sancus Lending Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sancus Lending Group is a good investment. Please check the relationship between Sancus Lending Total Current Liabilities and its Non Current Liabilities Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sancus Lending 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.
Total Current Liabilities vs Non Current Liabilities Total
Total Current Liabilities vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sancus Lending Group Total Current Liabilities account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sancus Lending's Total Current Liabilities and Non Current Liabilities Total is 0.18. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sancus Lending Group, assuming nothing else is changed. The correlation between historical values of Sancus Lending's Total Current Liabilities and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Sancus Lending Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Liabilities i.e., Sancus Lending's Total Current Liabilities and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Sancus Lending balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sancus Lending 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.
Non Current Liabilities Total
Most indicators from Sancus Lending's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sancus Lending 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 Sancus Lending 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 2.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 73.3
K in 2024.
Sancus Lending fundamental ratios Correlations
Click cells to compare fundamentals
Sancus Lending Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sancus Lending fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Sancus Stock Analysis
When running Sancus Lending's price analysis, check to
measure Sancus Lending'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 Sancus Lending is operating at the current time. Most of Sancus Lending's value examination focuses on studying past and present price action to
predict the probability of Sancus Lending's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sancus Lending's price. Additionally, you may evaluate how the addition of Sancus Lending to your portfolios can decrease your overall portfolio volatility.