Smarttech247 Total Current Liabilities vs Selling General Administrative Analysis
| S247 Stock | 8.75 1.00 10.26% |
Smarttech247 Group financial indicator trend analysis is much more than just breaking down Smarttech247 Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smarttech247 Group PLC is a good investment. Please check the relationship between Smarttech247 Group Total Current Liabilities and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smarttech247 Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Current Liabilities vs Selling General Administrative
Total Current Liabilities vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smarttech247 Group PLC Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Smarttech247 Group's Total Current Liabilities and Selling General Administrative is -0.8. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Smarttech247 Group PLC, assuming nothing else is changed. The correlation between historical values of Smarttech247 Group's Total Current Liabilities and Selling General Administrative 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 Smarttech247 Group PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., Smarttech247 Group's Total Current Liabilities and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Smarttech247 Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Smarttech247 Group PLC 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.Selling General Administrative
Most indicators from Smarttech247 Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smarttech247 Group PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smarttech247 Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Tax Provision is likely to drop to about 149.8 K in 2025. Selling General Administrative is likely to drop to about 389.8 K in 2025
| 2010 | 2020 | 2024 | 2025 (projected) | Gross Profit | 3.3M | 4.1M | 4.7M | 4.0M | Total Revenue | 4.8M | 7.2M | 8.3M | 6.6M |
Smarttech247 Group fundamental ratios Correlations
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Smarttech247 Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Smarttech247 Group's price analysis, check to measure Smarttech247 Group'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 Smarttech247 Group is operating at the current time. Most of Smarttech247 Group's value examination focuses on studying past and present price action to predict the probability of Smarttech247 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smarttech247 Group's price. Additionally, you may evaluate how the addition of Smarttech247 Group to your portfolios can decrease your overall portfolio volatility.