Consumer Common Stock vs Total Current Liabilities Analysis
| NWAU Stock | USD 0.0001 0.00 0.00% |
Consumer Automotive financial indicator trend analysis is way more than just evaluating Consumer Automotive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consumer Automotive is a good investment. Please check the relationship between Consumer Automotive Common Stock and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Consumer Automotive Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Common Stock vs Total Current Liabilities
Common Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consumer Automotive Common Stock account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Consumer Automotive's Common Stock and Total Current Liabilities is -0.35. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Consumer Automotive Finance, assuming nothing else is changed. The correlation between historical values of Consumer Automotive's Common Stock 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 Common Stock of Consumer Automotive Finance 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 Common Stock i.e., Consumer Automotive's Common Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock
Total Current Liabilities
Total Current Liabilities is an item on Consumer Automotive balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Consumer Automotive Finance 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 Consumer Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consumer Automotive 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 Consumer Automotive Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Consumer Automotive's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 41 M in 2024, whereas Selling General Administrative is likely to drop 919.13 in 2024.
Consumer Automotive fundamental ratios Correlations
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Consumer Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Consumer Stock Analysis
When running Consumer Automotive's price analysis, check to measure Consumer Automotive'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 Consumer Automotive is operating at the current time. Most of Consumer Automotive's value examination focuses on studying past and present price action to predict the probability of Consumer Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consumer Automotive's price. Additionally, you may evaluate how the addition of Consumer Automotive to your portfolios can decrease your overall portfolio volatility.