Nascent Short Term Debt vs Short Term Investments Analysis
NCTW Stock | USD 0.0001 0.00 0.00% |
Nascent Wine financial indicator trend analysis is infinitely more than just investigating Nascent Wine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nascent Wine is a good investment. Please check the relationship between Nascent Wine Short Term Debt and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nascent Wine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.
Short Term Debt vs Short Term Investments
Short Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nascent Wine Short Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nascent Wine's Short Term Debt and Short Term Investments is -0.57. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Nascent Wine, assuming nothing else is changed. The correlation between historical values of Nascent Wine's Short Term Debt and Short Term Investments 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 Term Debt of Nascent Wine are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., Nascent Wine's Short Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Short Term Investments
Short Term Investments is an item under the current assets section of Nascent Wine balance sheet. It contains any investments Nascent Wine undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nascent Wine can easily liquidate in the marketplace.Most indicators from Nascent Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nascent Wine 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 Nascent Wine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.Discontinued Operations is likely to drop to about (7.8 M) in 2024. Selling General Administrative is likely to drop to about 5.7 M in 2024
2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 300.0 | 4.3M | 4.9M | 3.3M | Total Revenue | 1.4K | 18.4M | 21.2M | 18.0M |
Nascent Wine fundamental ratios Correlations
Click cells to compare fundamentals
Nascent Wine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nascent Wine's price analysis, check to measure Nascent Wine'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 Nascent Wine is operating at the current time. Most of Nascent Wine's value examination focuses on studying past and present price action to predict the probability of Nascent Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nascent Wine's price. Additionally, you may evaluate how the addition of Nascent Wine to your portfolios can decrease your overall portfolio volatility.