| SNT Stock | | | 10.00 0.25 2.56% |
Sabien Technology financial indicator trend analysis is much more than just breaking down Sabien Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sabien Technology is a good investment. Please check the relationship between Sabien Technology Total Current Liabilities and its Net Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sabien Technology Group. 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.
Total Current Liabilities vs Net Debt
Total Current Liabilities vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sabien Technology Total Current Liabilities account and
Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sabien Technology's Total Current Liabilities and Net Debt is 0.29. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sabien Technology Group, assuming nothing else is changed. The correlation between historical values of Sabien Technology's Total Current Liabilities and Net Debt 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 Sabien Technology Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Sabien Technology's Total Current Liabilities and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Sabien Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sabien Technology Group 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.
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.
Most indicators from Sabien Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sabien Technology 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 Sabien Technology Group. 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.
The current year's
Issuance Of Capital Stock is expected to grow to about 608.2
K, whereas
Selling General Administrative is forecasted to decline to about 1.5
M.
Sabien Technology fundamental ratios Correlations
Click cells to compare fundamentals
Sabien Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sabien Technology fundamental ratios Accounts
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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.
Other Information on Investing in Sabien Stock
Balance Sheet is a snapshot of the
financial position of Sabien Technology at a specified time, usually calculated after every quarter, six months, or one year. Sabien Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sabien Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sabien currently owns. An asset can also be divided into two categories, current and non-current.