SAB Accounts Payable vs Capital Lease Obligations Analysis

SABSW Stock  USD 0.07  0  5.75%   
SAB Biotherapeutics financial indicator trend analysis is much more than just breaking down SAB Biotherapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAB Biotherapeutics is a good investment. Please check the relationship between SAB Biotherapeutics Accounts Payable and its Capital Lease Obligations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAB Biotherapeutics. 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.
For more information on how to buy SAB Stock please use our How to Invest in SAB Biotherapeutics guide.

Accounts Payable vs Capital Lease Obligations

Accounts Payable vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAB Biotherapeutics Accounts Payable account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between SAB Biotherapeutics' Accounts Payable and Capital Lease Obligations is 0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of SAB Biotherapeutics, assuming nothing else is changed. The correlation between historical values of SAB Biotherapeutics' Accounts Payable 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 Accounts Payable of SAB Biotherapeutics 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 Accounts Payable i.e., SAB Biotherapeutics' Accounts Payable and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents SAB Biotherapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SAB Biotherapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Lease Obligations

SAB Biotherapeutics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to SAB Biotherapeutics asset purchases. For example, SAB Biotherapeutics can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as SAB Biotherapeutics 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 SAB Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAB Biotherapeutics 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 SAB Biotherapeutics. 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.
For more information on how to buy SAB Stock please use our How to Invest in SAB Biotherapeutics guide.At this time, SAB Biotherapeutics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.35 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization236.6K3.3M3.7M3.9M
Interest Income23.1K71.1K130.8K80.1K

SAB Biotherapeutics fundamental ratios Correlations

-0.730.810.870.980.95-0.87-0.560.260.860.940.920.860.26-0.95-0.41-0.320.830.880.690.980.96-0.860.99-0.650.86
-0.73-0.66-0.64-0.71-0.760.860.870.3-0.85-0.76-0.93-0.850.330.680.390.86-0.54-0.82-0.51-0.72-0.820.52-0.680.8-0.74
0.81-0.660.980.710.88-0.64-0.310.250.620.880.820.620.15-0.78-0.27-0.240.960.570.880.70.84-0.890.74-0.370.52
0.87-0.640.980.790.94-0.66-0.280.390.640.940.840.640.32-0.87-0.42-0.180.950.60.820.790.89-0.960.79-0.370.59
0.98-0.710.710.790.93-0.85-0.570.30.830.930.90.830.32-0.97-0.52-0.350.710.90.541.00.95-0.810.96-0.640.86
0.95-0.760.880.940.93-0.76-0.460.370.741.00.930.740.33-0.98-0.6-0.360.830.780.640.930.99-0.920.88-0.50.72
-0.870.86-0.64-0.66-0.85-0.760.860.2-1.0-0.76-0.91-1.00.160.740.220.58-0.66-0.9-0.64-0.85-0.820.61-0.890.94-0.96
-0.560.87-0.31-0.28-0.57-0.460.860.59-0.86-0.46-0.74-0.860.540.430.120.86-0.26-0.81-0.31-0.58-0.570.18-0.590.95-0.78
0.260.30.250.390.30.370.20.59-0.210.360.0-0.210.98-0.46-0.530.60.28-0.080.010.30.26-0.560.20.49-0.06
0.86-0.850.620.640.830.74-1.0-0.86-0.210.740.91.0-0.17-0.73-0.22-0.570.650.880.630.830.8-0.60.88-0.940.97
0.94-0.760.880.940.931.0-0.76-0.460.360.740.930.740.32-0.98-0.6-0.370.820.790.640.930.99-0.920.87-0.50.72
0.92-0.930.820.840.90.93-0.91-0.740.00.90.930.9-0.02-0.88-0.46-0.630.750.890.650.90.96-0.760.87-0.750.83
0.86-0.850.620.640.830.74-1.0-0.86-0.211.00.740.9-0.17-0.73-0.22-0.570.650.880.630.830.8-0.60.88-0.940.97
0.260.330.150.320.320.330.160.540.98-0.170.32-0.02-0.17-0.45-0.540.620.21-0.06-0.060.320.23-0.510.220.420.01
-0.950.68-0.78-0.87-0.97-0.980.740.43-0.46-0.73-0.98-0.88-0.73-0.450.660.29-0.75-0.79-0.53-0.96-0.970.9-0.890.48-0.75
-0.410.39-0.27-0.42-0.52-0.60.220.12-0.53-0.22-0.6-0.46-0.22-0.540.660.27-0.14-0.310.16-0.52-0.570.52-0.290.05-0.3
-0.320.86-0.24-0.18-0.35-0.360.580.860.6-0.57-0.37-0.63-0.570.620.290.27-0.06-0.62-0.09-0.36-0.470.02-0.280.67-0.43
0.83-0.540.960.950.710.83-0.66-0.260.280.650.820.750.650.21-0.75-0.14-0.060.550.950.70.78-0.90.79-0.40.59
0.88-0.820.570.60.90.78-0.9-0.81-0.080.880.790.890.88-0.06-0.79-0.31-0.620.550.470.910.87-0.530.9-0.80.85
0.69-0.510.880.820.540.64-0.64-0.310.010.630.640.650.63-0.06-0.530.16-0.090.950.470.530.61-0.720.69-0.460.53
0.98-0.720.70.791.00.93-0.85-0.580.30.830.930.90.830.32-0.96-0.52-0.360.70.910.530.95-0.80.96-0.640.86
0.96-0.820.840.890.950.99-0.82-0.570.260.80.990.960.80.23-0.97-0.57-0.470.780.870.610.95-0.850.9-0.580.76
-0.860.52-0.89-0.96-0.81-0.920.610.18-0.56-0.6-0.92-0.76-0.6-0.510.90.520.02-0.9-0.53-0.72-0.8-0.85-0.790.31-0.62
0.99-0.680.740.790.960.88-0.89-0.590.20.880.870.870.880.22-0.89-0.29-0.280.790.90.690.960.9-0.79-0.70.89
-0.650.8-0.37-0.37-0.64-0.50.940.950.49-0.94-0.5-0.75-0.940.420.480.050.67-0.4-0.8-0.46-0.64-0.580.31-0.7-0.9
0.86-0.740.520.590.860.72-0.96-0.78-0.060.970.720.830.970.01-0.75-0.3-0.430.590.850.530.860.76-0.620.89-0.9
Click cells to compare fundamentals

SAB Biotherapeutics Account Relationship Matchups

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 SAB Stock Analysis

When running SAB Biotherapeutics' price analysis, check to measure SAB Biotherapeutics' 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 SAB Biotherapeutics is operating at the current time. Most of SAB Biotherapeutics' value examination focuses on studying past and present price action to predict the probability of SAB Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAB Biotherapeutics' price. Additionally, you may evaluate how the addition of SAB Biotherapeutics to your portfolios can decrease your overall portfolio volatility.