National Short Long Term Debt vs Accounts Payable Analysis
| NSA-PB Stock | 22.32 0.04 0.18% |
National Storage financial indicator trend analysis is infinitely more than just investigating National Storage Aff recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Storage Aff is a good investment. Please check the relationship between National Storage 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 National Storage Affiliates. 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.
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 National Storage Aff Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Storage's Short Long Term Debt and Accounts Payable is 0.88. 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 National Storage Affiliates, assuming nothing else is changed. The correlation between historical values of National Storage'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 National Storage Affiliates 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., National Storage's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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 National Storage 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 National Storage Aff 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 National Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Storage Aff 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 National Storage Affiliates. 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. The current year's Tax Provision is expected to grow to about 2.7 M, whereas Selling General Administrative is forecasted to decline to about 58.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 430.4M | 590.5M | 629.1M | 538.7M | Total Revenue | 585.7M | 801.6M | 858.1M | 736.3M |
National Storage fundamental ratios Correlations
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National Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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