Secure Non Currrent Assets Other vs Accounts Payable Analysis

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 Non Currrent Assets Other and its Accounts Payable 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.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secure Property Deve Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Secure Property's Non Currrent Assets Other and Accounts Payable is 0.3. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable 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 Non Currrent Assets Other 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 Non Currrent Assets Other of Secure Property Development 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 Non Currrent Assets Other i.e., Secure Property's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents Secure Property 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 Secure Property Deve 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 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.
 2021 2022 2023 2024 (projected)
Interest Expense184.6K192.4K63.0K59.8K
Depreciation And Amortization1.5K7.3K792.0752.4

Secure Property fundamental ratios Correlations

0.090.770.880.570.82-0.370.510.080.770.780.770.080.310.810.290.680.970.19-0.320.83-0.360.350.80.690.51
0.090.510.02-0.46-0.41-0.020.26-0.24-0.56-0.49-0.46-0.240.72-0.350.660.050.040.97-0.33-0.44-0.320.55-0.37-0.440.24
0.770.510.640.330.46-0.190.5-0.080.340.350.36-0.080.490.340.290.420.760.55-0.250.45-0.310.50.320.520.47
0.880.020.640.530.63-0.460.340.370.670.670.60.370.160.630.230.770.760.18-0.040.67-0.40.20.610.60.68
0.57-0.460.330.530.75-0.14-0.010.050.780.650.650.05-0.370.63-0.370.330.61-0.410.220.760.32-0.240.610.80.28
0.82-0.410.460.630.75-0.250.36-0.040.970.960.96-0.04-0.030.95-0.130.470.89-0.35-0.280.99-0.130.140.940.840.22
-0.37-0.02-0.19-0.46-0.14-0.25-0.71-0.03-0.31-0.3-0.23-0.03-0.46-0.32-0.41-0.92-0.3-0.050.03-0.250.37-0.48-0.32-0.09-0.77
0.510.260.50.34-0.010.36-0.71-0.30.290.30.3-0.30.720.360.520.680.50.26-0.440.32-0.310.750.370.170.5
0.08-0.24-0.080.370.05-0.04-0.03-0.30.150.16-0.061.0-0.21-0.04-0.20.16-0.05-0.130.450.07-0.13-0.36-0.040.210.15
0.77-0.560.340.670.780.97-0.310.290.150.970.940.15-0.150.91-0.210.530.8-0.48-0.110.98-0.10.00.910.860.28
0.78-0.490.350.670.650.96-0.30.30.160.970.960.16-0.050.93-0.160.520.82-0.42-0.230.97-0.30.090.930.820.25
0.77-0.460.360.60.650.96-0.230.3-0.060.940.96-0.06-0.090.92-0.130.450.82-0.39-0.260.95-0.250.070.930.780.2
0.08-0.24-0.080.370.05-0.04-0.03-0.31.00.150.16-0.06-0.21-0.04-0.20.16-0.05-0.130.450.07-0.13-0.36-0.040.210.15
0.310.720.490.16-0.37-0.03-0.460.72-0.21-0.15-0.05-0.09-0.210.050.610.440.30.66-0.61-0.06-0.60.890.04-0.20.43
0.81-0.350.340.630.630.95-0.320.36-0.040.910.930.92-0.040.050.060.530.86-0.28-0.420.94-0.230.221.00.650.2
0.290.660.290.23-0.37-0.13-0.410.52-0.2-0.21-0.16-0.13-0.20.610.060.420.20.73-0.33-0.15-0.310.510.06-0.430.25
0.680.050.420.770.330.47-0.920.680.160.530.520.450.160.440.530.420.580.13-0.080.49-0.450.450.530.320.85
0.970.040.760.760.610.89-0.30.5-0.050.80.820.82-0.050.30.860.20.580.1-0.410.88-0.30.380.850.720.39
0.190.970.550.18-0.41-0.35-0.050.26-0.13-0.48-0.42-0.39-0.130.66-0.280.730.130.1-0.28-0.37-0.340.51-0.31-0.390.28
-0.32-0.33-0.25-0.040.22-0.280.03-0.440.45-0.11-0.23-0.260.45-0.61-0.42-0.33-0.08-0.41-0.28-0.230.46-0.74-0.430.110.05
0.83-0.440.450.670.760.99-0.250.320.070.980.970.950.07-0.060.94-0.150.490.88-0.37-0.23-0.150.10.940.860.23
-0.36-0.32-0.31-0.40.32-0.130.37-0.31-0.13-0.1-0.3-0.25-0.13-0.6-0.23-0.31-0.45-0.3-0.340.46-0.15-0.58-0.230.01-0.43
0.350.550.50.2-0.240.14-0.480.75-0.360.00.090.07-0.360.890.220.510.450.380.51-0.740.1-0.580.21-0.10.38
0.8-0.370.320.610.610.94-0.320.37-0.040.910.930.93-0.040.041.00.060.530.85-0.31-0.430.94-0.230.210.640.2
0.69-0.440.520.60.80.84-0.090.170.210.860.820.780.21-0.20.65-0.430.320.72-0.390.110.860.01-0.10.640.24
0.510.240.470.680.280.22-0.770.50.150.280.250.20.150.430.20.250.850.390.280.050.23-0.430.380.20.24
Click cells to compare fundamentals

Secure Property Account Relationship Matchups

Secure Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.5M55.6M53.2M30.1M28.2M26.8M
Other Current Liab25.5M21.3M20.2M14.6M8.4M8.1M
Total Current Liabilities26.0M24.3M22.4M14.8M9.4M17.7M
Total Stockholder Equity29.4M23.7M23.3M13.1M18.7M24.2M
Net Debt1.4M3.3M870.0K1.4M832.9K791.3K
Retained Earnings(53.9M)(58.4M)(58.9M)(68.6M)(62.1M)(65.2M)
Cash207.3K129.9K2.2M66.6K152.2K144.6K
Non Current Assets Total3.6M6.8M7.5M12.1M11.7M11.1M
Non Currrent Assets Other3.6M6.8M7.5M12.1M11.7M11.1M
Cash And Short Term Investments207.3K129.9K2.2M66.6K152.2K144.6K
Common Stock Shares Outstanding103.3M125.6M127.3M129.2M129.1M67.2M
Liabilities And Stockholders Equity64.5M55.6M53.2M30.1M28.2M26.8M
Non Current Liabilities Total1.6M1.7M1.8M1.9M17.2K16.3K
Other Current Assets53.9M41.8M39.0M18.0M16.4M17.6M
Other Stockholder Equity82.0M80.9M80.9M80.4M79.5M80.0M
Total Liab27.7M26.0M24.2M16.7M9.4M9.0M
Total Current Assets60.9M48.8M45.7M18.1M16.5M22.2M
Common Stock1.0M1.3M1.3M1.3M1.2M1.4M
Short Long Term Debt Total1.6M3.4M3.0M1.4M985.2K935.9K
Property Plant And Equipment Net566.02.9K1.6K816.0164.0155.8
Short Term Debt577.5K2.3M1.9M99.0K985.2K935.9K

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 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.