OXBRW Stock | | | USD 0.20 0.03 17.65% |
Oxbridge financial indicator trend analysis is much more than just breaking down Oxbridge Re Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxbridge Re Holdings is a good investment. Please check the relationship between Oxbridge Other Liab and its Total Current Liabilities accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxbridge Re Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Other Liab vs Total Current Liabilities
Other Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oxbridge Re Holdings Other Liab account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oxbridge's Other Liab and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Oxbridge Re Holdings, assuming nothing else is changed. The correlation between historical values of Oxbridge's Other Liab 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 Other Liab of Oxbridge Re Holdings 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 Other Liab i.e., Oxbridge's Other Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Total Current Liabilities
Total Current Liabilities is an item on Oxbridge balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oxbridge Re Holdings 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 Oxbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxbridge Re Holdings 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 Oxbridge Re Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 1.4
M in 2024.
Sales General And Administrative To Revenue is likely to climb to -0.29 in 2024
Oxbridge fundamental ratios Correlations
Click cells to compare fundamentals
Oxbridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oxbridge fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Oxbridge Stock Analysis
When running Oxbridge's price analysis, check to
measure Oxbridge'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 Oxbridge is operating at the current time. Most of Oxbridge's value examination focuses on studying past and present price action to
predict the probability of Oxbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oxbridge's price. Additionally, you may evaluate how the addition of Oxbridge to your portfolios can decrease your overall portfolio volatility.