Orsus Total Current Assets vs Long Term Debt Analysis
| ORSX Stock | USD 0.0001 0.00 0.00% |
Orsus Xelent financial indicator trend analysis is much more than just breaking down Orsus Xelent Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orsus Xelent Technologies is a good investment. Please check the relationship between Orsus Xelent Total Current Assets and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orsus Xelent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Current Assets vs Long Term Debt
Total Current Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orsus Xelent Technologies Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Orsus Xelent's Total Current Assets and Long Term Debt is -0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Orsus Xelent Technologies, assuming nothing else is changed. The correlation between historical values of Orsus Xelent's Total Current Assets and Long Term Debt 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 Assets of Orsus Xelent Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Orsus Xelent's Total Current Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Long Term Debt
Long-term debt is a debt that Orsus Xelent Technologies has held for over one year. Long-term debt appears on Orsus Xelent Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Orsus Xelent Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Orsus Xelent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orsus Xelent Technologies 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 Orsus Xelent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Selling General Administrative is likely to drop to about 385.6 K in 2024. Sales General And Administrative To Revenue is likely to drop to 0.01 in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 6.3M | 1.8M | 1.6M | 1.6M | Total Revenue | 28.7M | 24.4M | 28.1M | 26.7M |
Orsus Xelent fundamental ratios Correlations
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Orsus Xelent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Orsus Xelent's price analysis, check to measure Orsus Xelent'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 Orsus Xelent is operating at the current time. Most of Orsus Xelent's value examination focuses on studying past and present price action to predict the probability of Orsus Xelent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsus Xelent's price. Additionally, you may evaluate how the addition of Orsus Xelent to your portfolios can decrease your overall portfolio volatility.