Orangekloud Total Current Liabilities vs Cash And Short Term Investments Analysis
| ORKT Stock | 3.09 0.28 9.96% |
Orangekloud Technology financial indicator trend analysis is much more than just breaking down Orangekloud Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orangekloud Technology is a good investment. Please check the relationship between Orangekloud Technology Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orangekloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orangekloud Technology Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orangekloud Technology's Total Current Liabilities and Cash And Short Term Investments is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Orangekloud Technology Class, assuming nothing else is changed. The correlation between historical values of Orangekloud Technology's Total Current Liabilities and Cash 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 Total Current Liabilities of Orangekloud Technology Class are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Orangekloud Technology's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Orangekloud Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Orangekloud Technology Class 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Orangekloud Technology balance sheet. This account contains Orangekloud Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Orangekloud Technology Class fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Orangekloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orangekloud Technology 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orangekloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. Enterprise Value is likely to gain to about 166.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.6K | 17.3K | 36.6K | 27.3K | Depreciation And Amortization | 169.6K | 227.3K | 288.8K | 251.4K |
Orangekloud Technology fundamental ratios Correlations
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Orangekloud Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Orangekloud Stock Analysis
When running Orangekloud Technology's price analysis, check to measure Orangekloud Technology'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 Orangekloud Technology is operating at the current time. Most of Orangekloud Technology's value examination focuses on studying past and present price action to predict the probability of Orangekloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orangekloud Technology's price. Additionally, you may evaluate how the addition of Orangekloud Technology to your portfolios can decrease your overall portfolio volatility.