AdRabbit Total Current Liabilities vs Capital Lease Obligations Analysis
| RABI Stock | 0.01 0.00 0.00% |
AdRabbit financial indicator trend analysis is way more than just evaluating AdRabbit Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AdRabbit Limited is a good investment. Please check the relationship between AdRabbit Total Current Liabilities and its Capital Lease Obligations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AdRabbit Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AdRabbit Limited Total Current Liabilities account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AdRabbit's Total Current Liabilities and Capital Lease Obligations is -0.17. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of AdRabbit Limited, assuming nothing else is changed. The correlation between historical values of AdRabbit's Total Current Liabilities and Capital Lease Obligations 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 AdRabbit Limited are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., AdRabbit's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.17 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on AdRabbit balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AdRabbit Limited 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.Capital Lease Obligations
AdRabbit Limited capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to AdRabbit asset purchases. For example, AdRabbit can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as AdRabbit control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from AdRabbit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AdRabbit Limited 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 AdRabbit Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Selling General Administrative is likely to drop to about 631.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 35.8K | 278.2K | 262.9K | 163.5K | Research Development | 1.1M | 635.1K | 146.3K | 138.9K |
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Additional Tools for AdRabbit Stock Analysis
When running AdRabbit's price analysis, check to measure AdRabbit'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 AdRabbit is operating at the current time. Most of AdRabbit's value examination focuses on studying past and present price action to predict the probability of AdRabbit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdRabbit's price. Additionally, you may evaluate how the addition of AdRabbit to your portfolios can decrease your overall portfolio volatility.