Serve Net Invested Capital vs Accounts Payable Analysis
| SERV Stock | USD 8.46 0.28 3.20% |
Serve Robotics financial indicator trend analysis is much more than just breaking down Serve Robotics Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Serve Robotics Common is a good investment. Please check the relationship between Serve Robotics Net Invested Capital and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serve Robotics Common. 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.
Net Invested Capital vs Accounts Payable
Net Invested Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Serve Robotics Common Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Serve Robotics' Net Invested Capital and Accounts Payable is -0.52. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Serve Robotics Common, assuming nothing else is changed. The correlation between historical values of Serve Robotics' Net Invested Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Serve Robotics Common are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Serve Robotics' Net Invested Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Accounts Payable
An accounting item on the balance sheet that represents Serve Robotics 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 Serve Robotics Common 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.Most indicators from Serve Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Serve Robotics Common 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 Serve Robotics Common. 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. At this time, Serve Robotics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.6M | 19.9M | 19.2M | 18.2M | Cost Of Revenue | 42.5K | 1.1M | 1.7M | 1.1M |
Serve Robotics fundamental ratios Correlations
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Serve Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Serve Robotics' price analysis, check to measure Serve Robotics' 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 Serve Robotics is operating at the current time. Most of Serve Robotics' value examination focuses on studying past and present price action to predict the probability of Serve Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Serve Robotics' price. Additionally, you may evaluate how the addition of Serve Robotics to your portfolios can decrease your overall portfolio volatility.