| SPDI Stock | | | 4.50 0.00 0.00% |
Secure Property financial indicator trend analysis is much more than just breaking down Secure Property Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Property Deve is a good investment. Please check the relationship between Secure Property Cash And Short Term Investments and its Long Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Property Development. 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.
Cash And Short Term Investments vs Long Term Debt
Cash And Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Secure Property Deve Cash And Short Term Investments account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Secure Property's Cash And Short Term Investments and Long Term Debt is -0.04. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Secure Property Development, assuming nothing else is changed. The correlation between historical values of Secure Property's Cash And Short Term Investments and Long Term 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 Cash And Short Term Investments of Secure Property Development are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Secure Property's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Secure Property Deve balance sheet. This account contains Secure Property investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Secure Property Development fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Long Term Debt
Long-term debt is a debt that Secure Property Deve has held for over one year. Long-term debt appears on Secure Property Development balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Secure Property Development balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Secure Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure Property Deve 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 Secure Property Development. 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.
Selling General Administrative is likely to gain to about 1.4
M in 2024, whereas
Tax Provision is likely to drop 2,312 in 2024.
Secure Property fundamental ratios Correlations
Click cells to compare fundamentals
Secure Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secure Property fundamental ratios Accounts
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Additional Tools for Secure Stock Analysis
When running Secure Property's price analysis, check to
measure Secure Property'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 Secure Property is operating at the current time. Most of Secure Property's value examination focuses on studying past and present price action to
predict the probability of Secure Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secure Property's price. Additionally, you may evaluate how the addition of Secure Property to your portfolios can decrease your overall portfolio volatility.