Blockmate Selling General Administrative vs Total Current Liabilities Analysis

MATE Stock   0.13  0.01  7.14%   
Blockmate Ventures financial indicator trend analysis is way more than just evaluating Blockmate Ventures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blockmate Ventures is a good investment. Please check the relationship between Blockmate Ventures Selling General Administrative and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blockmate Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blockmate Ventures Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blockmate Ventures' Selling General Administrative and Total Current Liabilities is 0.58. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Blockmate Ventures, assuming nothing else is changed. The correlation between historical values of Blockmate Ventures' Selling General Administrative 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 Selling General Administrative of Blockmate Ventures 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 Selling General Administrative i.e., Blockmate Ventures' Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Blockmate Ventures balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blockmate Ventures 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 Blockmate Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blockmate Ventures 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 Blockmate Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Issuance Of Capital Stock is likely to climb to about 2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income3.8K1.8K1.7K1.9K
Net Interest Income3.8K1.8K1.7K1.9K

Blockmate Ventures fundamental ratios Correlations

-0.30.880.18-0.30.97-0.090.66-0.09-0.320.90.93-0.080.91-0.12-0.320.910.040.46-0.07-0.1-0.250.130.13
-0.3-0.7-0.850.99-0.44-0.630.350.821.0-0.670.030.81-0.62-0.580.98-0.64-0.610.33-0.460.850.74-0.8-0.8
0.88-0.70.54-0.70.940.210.33-0.45-0.721.00.68-0.420.990.16-0.710.990.340.210.2-0.46-0.530.460.46
0.18-0.850.54-0.890.240.86-0.59-0.89-0.820.51-0.17-0.920.430.82-0.740.440.19-0.670.03-0.93-0.910.60.6
-0.30.99-0.7-0.89-0.43-0.640.390.830.98-0.670.030.85-0.62-0.590.94-0.63-0.50.41-0.340.880.79-0.8-0.8
0.97-0.440.940.24-0.43-0.090.62-0.14-0.480.950.88-0.120.97-0.13-0.480.970.230.470.11-0.15-0.260.280.28
-0.09-0.630.210.86-0.64-0.09-0.74-0.82-0.560.18-0.43-0.840.071.0-0.520.080.08-0.78-0.04-0.82-0.760.490.49
0.660.350.33-0.590.390.62-0.740.630.30.370.860.680.45-0.740.230.430.010.920.050.660.54-0.3-0.3
-0.090.82-0.45-0.890.83-0.14-0.820.630.78-0.420.220.98-0.34-0.780.74-0.35-0.320.57-0.180.970.93-0.46-0.46
-0.321.0-0.72-0.820.98-0.48-0.560.30.78-0.7-0.010.77-0.66-0.510.99-0.67-0.630.27-0.490.810.7-0.8-0.8
0.9-0.671.00.51-0.670.950.180.37-0.42-0.70.71-0.40.990.13-0.690.990.320.230.18-0.43-0.50.440.44
0.930.030.68-0.170.030.88-0.430.860.22-0.010.710.260.76-0.45-0.020.75-0.070.69-0.120.240.04-0.18-0.18
-0.080.81-0.42-0.920.85-0.12-0.840.680.980.77-0.40.26-0.31-0.810.7-0.33-0.20.68-0.051.00.96-0.54-0.54
0.91-0.620.990.43-0.620.970.070.45-0.34-0.660.990.76-0.310.02-0.651.00.340.320.2-0.35-0.430.40.4
-0.12-0.580.160.82-0.59-0.131.0-0.74-0.78-0.510.13-0.45-0.810.02-0.460.030.04-0.78-0.06-0.78-0.720.460.46
-0.320.98-0.71-0.740.94-0.48-0.520.230.740.99-0.69-0.020.7-0.65-0.46-0.67-0.750.16-0.620.740.61-0.78-0.78
0.91-0.640.990.44-0.630.970.080.43-0.35-0.670.990.75-0.331.00.03-0.670.350.310.21-0.36-0.440.410.41
0.04-0.610.340.19-0.50.230.080.01-0.32-0.630.32-0.07-0.20.340.04-0.750.350.280.98-0.23-0.030.470.47
0.460.330.21-0.670.410.47-0.780.920.570.270.230.690.680.32-0.780.160.310.280.350.660.61-0.35-0.35
-0.07-0.460.20.03-0.340.11-0.040.05-0.18-0.490.18-0.12-0.050.2-0.06-0.620.210.980.35-0.080.130.370.37
-0.10.85-0.46-0.930.88-0.15-0.820.660.970.81-0.430.241.0-0.35-0.780.74-0.36-0.230.66-0.080.95-0.59-0.59
-0.250.74-0.53-0.910.79-0.26-0.760.540.930.7-0.50.040.96-0.43-0.720.61-0.44-0.030.610.130.95-0.39-0.39
0.13-0.80.460.6-0.80.280.49-0.3-0.46-0.80.44-0.18-0.540.40.46-0.780.410.47-0.350.37-0.59-0.391.0
0.13-0.80.460.6-0.80.280.49-0.3-0.46-0.80.44-0.18-0.540.40.46-0.780.410.47-0.350.37-0.59-0.391.0
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Blockmate Ventures Account Relationship Matchups

Blockmate Ventures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets814.3K3.1M794.2K961.2K865.1K1.1M
Total Current Liabilities283.7K156.1K385.2K1.3M1.5M1.5M
Total Stockholder Equity530.7K2.9M409.0K(320.2K)(288.1K)(273.7K)
Retained Earnings(14.3M)(15.1M)(19.8M)(22.6M)(20.3M)(21.3M)
Accounts Payable150.7K156.1K378.9K707.7K813.8K854.5K
Cash710.5K3.0M740.4K499.9K449.9K427.4K
Common Stock Shares Outstanding39.0M53.5M63.5M108.0M124.2M63.8M
Total Liab283.7K156.1K385.2K1.3M1.5M1.5M
Net Invested Capital530.7K2.9M409.0K(222.5K)(200.3K)(190.3K)
Total Current Assets772.6K3.0M771.4K961.2K1.1M1.4M
Capital Stock13.6M15.9M18.1M19.4M22.3M17.6M
Net Working Capital488.9K2.9M386.2K(320.2K)(288.1K)(273.7K)

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