| SGLY Stock | | | USD 1.66 0.05 3.11% |
Singularity Future financial indicator trend analysis is much more than just breaking down Singularity Future prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Singularity Future is a good investment. Please check the relationship between Singularity Future Net Debt and its Accounts Payable accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Singularity Future Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Singularity Future Net Debt account and
Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Singularity Future's Net Debt and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Singularity Future Technology, assuming nothing else is changed. The correlation between historical values of Singularity Future's Net Debt 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 Debt of Singularity Future Technology 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 Debt i.e., Singularity Future's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Accounts Payable
An accounting item on the balance sheet that represents Singularity Future 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 Singularity Future 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 Singularity Future's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Singularity Future 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 Singularity Future Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Singularity Future's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 15.1
M in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
Singularity Future fundamental ratios Correlations
Click cells to compare fundamentals
Singularity Future Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Singularity Future fundamental ratios Accounts
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