LOBO Short Long Term Debt vs Accounts Payable Analysis
| LOBO Stock | 2.07 0.25 10.78% |
LOBO EV financial indicator trend analysis is infinitely more than just investigating LOBO EV TECHNOLOGIES recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LOBO EV TECHNOLOGIES is a good investment. Please check the relationship between LOBO EV Short Long Term Debt and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV 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 bureau of labor statistics.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LOBO EV TECHNOLOGIES Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LOBO EV's Short Long Term Debt and Accounts Payable is -0.19. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of LOBO EV TECHNOLOGIES, assuming nothing else is changed. The correlation between historical values of LOBO EV's Short Long Term Debt 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 Short Long Term Debt of LOBO EV 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 Short Long Term Debt i.e., LOBO EV's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Accounts Payable
An accounting item on the balance sheet that represents LOBO EV 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 LOBO EV 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 LOBO EV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LOBO EV 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV 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 bureau of labor statistics. At this time, LOBO EV's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 16.62, while Selling General Administrative is likely to drop about 512.7 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 3.0M | 2.2M | 2.7M | Total Revenue | 14.1M | 18.3M | 15.5M | 15.7M |
LOBO EV fundamental ratios Correlations
Click cells to compare fundamentals
LOBO EV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with LOBO EV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LOBO EV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LOBO EV will appreciate offsetting losses from the drop in the long position's value.Moving against LOBO Stock
| 0.6 | HOG | Harley Davidson | PairCorr |
| 0.43 | VLCN | Volcon Inc | PairCorr |
| 0.42 | ECDA | ECD Automotive Design Symbol Change | PairCorr |
| 0.41 | TM | Toyota Motor | PairCorr |
| 0.33 | FFIE | Faraday Future Intel | PairCorr |
The ability to find closely correlated positions to LOBO EV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LOBO EV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LOBO EV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LOBO EV TECHNOLOGIES to buy it.
The correlation of LOBO EV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LOBO EV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LOBO EV TECHNOLOGIES moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LOBO EV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV 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 bureau of labor statistics. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Motorcycle Manufacturers 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 LOBO EV. If investors know LOBO 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 LOBO EV 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 (0.67) | Earnings Share 0.12 | Revenue Per Share 2.418 | Quarterly Revenue Growth (0.43) | Return On Assets 0.028 |
The market value of LOBO EV TECHNOLOGIES is measured differently than its book value, which is the value of LOBO that is recorded on the company's balance sheet. Investors also form their own opinion of LOBO EV's value that differs from its market value or its book value, called intrinsic value, which is LOBO EV'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 LOBO EV's market value can be influenced by many factors that don't directly affect LOBO EV'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 LOBO EV's value and its price as these two are different measures arrived at by different means. Investors typically determine if LOBO EV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LOBO EV'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.