| NCPLW Stock | | | USD 0.02 0 31.58% |
Netcapital financial indicator trend analysis is infinitely more than just investigating Netcapital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netcapital is a good investment. Please check the relationship between Netcapital Short Long Term Debt Total and its Accounts Payable accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netcapital. 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 economic analysis.
For more information on how to buy Netcapital Stock please use our
How to Invest in Netcapital guide.
Short Long Term Debt Total vs Accounts Payable
Short Long Term Debt Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Netcapital Short Long Term Debt Total account and
Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Netcapital's Short Long Term Debt Total and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Netcapital, assuming nothing else is changed. The correlation between historical values of Netcapital's Short Long Term Debt Total 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 Total of Netcapital 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 Total i.e., Netcapital's Short Long Term Debt Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Short Long Term Debt Total
Accounts Payable
An accounting item on the balance sheet that represents Netcapital 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 Netcapital 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 Netcapital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netcapital 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 Netcapital. 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 economic analysis.
For more information on how to buy Netcapital Stock please use our
How to Invest in Netcapital guide.
Issuance Of Capital Stock is likely to climb to about 5.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.1
M in 2024.
Netcapital fundamental ratios Correlations
Click cells to compare fundamentals
Netcapital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Netcapital fundamental ratios Accounts
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Additional Tools for Netcapital Stock Analysis
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measure Netcapital'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 Netcapital is operating at the current time. Most of Netcapital's value examination focuses on studying past and present price action to
predict the probability of Netcapital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcapital's price. Additionally, you may evaluate how the addition of Netcapital to your portfolios can decrease your overall portfolio volatility.