SPoT Other Liab vs Accounts Payable Analysis

SPP Stock  CAD 0.01  0.00  0.00%   
SPoT Coffee financial indicator trend analysis is much more than just breaking down SPoT Coffee prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPoT Coffee is a good investment. Please check the relationship between SPoT Coffee Other Liab and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPoT Coffee. 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.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPoT Coffee Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between SPoT Coffee's Other Liab and Accounts Payable is 0.09. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SPoT Coffee, assuming nothing else is changed. The correlation between historical values of SPoT Coffee's Other Liab 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 Other Liab of SPoT Coffee 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 Other Liab i.e., SPoT Coffee's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents SPoT Coffee 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 SPoT Coffee 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 SPoT Coffee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPoT Coffee 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 SPoT Coffee. 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.
Issuance Of Capital Stock is likely to climb to about 189.4 K in 2024, whereas Discontinued Operations is likely to drop (493.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.5M5.5M6.3M3.4M
Total Revenue6.2M8.0M9.0M6.3M

SPoT Coffee fundamental ratios Correlations

0.390.080.14-0.66-0.010.180.30.150.150.55-0.190.24-0.46-0.230.410.550.60.340.130.60.5-0.090.440.38-0.19
0.390.52-0.250.03-0.33-0.330.3-0.37-0.560.43-0.210.41-0.16-0.190.480.810.330.590.49-0.010.46-0.350.510.45-0.21
0.080.52-0.890.27-0.88-0.910.88-0.8-0.880.54-0.330.54-0.16-0.690.90.30.24-0.230.91-0.430.78-0.810.860.79-0.33
0.14-0.25-0.89-0.380.980.96-0.760.790.8-0.440.35-0.40.290.72-0.830.04-0.050.52-0.770.38-0.720.73-0.79-0.780.35
-0.660.030.27-0.38-0.27-0.360.09-0.28-0.450.04-0.270.30.050.2-0.03-0.29-0.19-0.230.08-0.57-0.140.08-0.13-0.02-0.27
-0.01-0.33-0.880.98-0.270.94-0.750.750.79-0.510.38-0.440.370.77-0.87-0.03-0.140.46-0.780.28-0.780.74-0.86-0.840.38
0.18-0.33-0.910.96-0.360.94-0.720.850.9-0.450.34-0.450.140.75-0.77-0.03-0.120.4-0.860.53-0.680.83-0.78-0.790.34
0.30.30.88-0.760.09-0.75-0.72-0.66-0.630.67-0.370.52-0.19-0.690.90.190.44-0.370.8-0.310.73-0.720.80.73-0.37
0.15-0.37-0.80.79-0.280.750.85-0.660.84-0.420.33-0.44-0.10.78-0.65-0.04-0.150.33-0.830.48-0.550.86-0.66-0.680.33
0.15-0.56-0.880.8-0.450.790.9-0.630.84-0.510.42-0.63-0.070.6-0.66-0.24-0.260.08-0.840.61-0.570.77-0.67-0.710.42
0.550.430.54-0.440.04-0.51-0.450.67-0.42-0.51-0.790.62-0.36-0.560.630.320.880.010.57-0.150.61-0.50.640.78-0.79
-0.19-0.21-0.330.35-0.270.380.34-0.370.330.42-0.79-0.310.240.41-0.33-0.15-0.7-0.02-0.380.26-0.340.33-0.35-0.621.0
0.240.410.54-0.40.3-0.44-0.450.52-0.44-0.630.62-0.31-0.05-0.320.490.040.45-0.090.53-0.260.47-0.40.480.5-0.31
-0.46-0.16-0.160.290.050.370.14-0.19-0.1-0.07-0.360.24-0.050.18-0.45-0.09-0.060.15-0.06-0.56-0.58-0.05-0.45-0.450.24
-0.23-0.19-0.690.720.20.770.75-0.690.780.6-0.560.41-0.320.18-0.78-0.04-0.340.4-0.820.17-0.780.92-0.85-0.870.41
0.410.480.9-0.83-0.03-0.87-0.770.9-0.65-0.660.63-0.330.49-0.45-0.780.320.33-0.260.84-0.060.93-0.750.970.88-0.33
0.550.810.30.04-0.29-0.03-0.030.19-0.04-0.240.32-0.150.04-0.09-0.040.320.40.80.280.140.34-0.180.340.28-0.15
0.60.330.24-0.05-0.19-0.14-0.120.44-0.15-0.260.88-0.70.45-0.06-0.340.330.40.250.34-0.160.29-0.330.350.5-0.7
0.340.59-0.230.52-0.230.460.4-0.370.330.080.01-0.02-0.090.150.4-0.260.80.25-0.190.2-0.160.26-0.2-0.17-0.02
0.130.490.91-0.770.08-0.78-0.860.8-0.83-0.840.57-0.380.53-0.06-0.820.840.280.34-0.19-0.470.77-0.950.870.83-0.38
0.6-0.01-0.430.38-0.570.280.53-0.310.480.61-0.150.26-0.26-0.560.17-0.060.14-0.160.2-0.470.120.44-0.04-0.120.26
0.50.460.78-0.72-0.14-0.78-0.680.73-0.55-0.570.61-0.340.47-0.58-0.780.930.340.29-0.160.770.12-0.70.960.91-0.34
-0.09-0.35-0.810.730.080.740.83-0.720.860.77-0.50.33-0.4-0.050.92-0.75-0.18-0.330.26-0.950.44-0.7-0.82-0.810.33
0.440.510.86-0.79-0.13-0.86-0.780.8-0.66-0.670.64-0.350.48-0.45-0.850.970.340.35-0.20.87-0.040.96-0.820.94-0.35
0.380.450.79-0.78-0.02-0.84-0.790.73-0.68-0.710.78-0.620.5-0.45-0.870.880.280.5-0.170.83-0.120.91-0.810.94-0.62
-0.19-0.21-0.330.35-0.270.380.34-0.370.330.42-0.791.0-0.310.240.41-0.33-0.15-0.7-0.02-0.380.26-0.340.33-0.35-0.62
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SPoT Coffee Account Relationship Matchups

SPoT Coffee fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M3.6M4.2M6.1M7.0M4.1M
Other Current Liab268.1K356.4K435.4K474.5K545.7K403.7K
Total Current Liabilities4.8M6.3M4.7M6.7M7.7M4.6M
Total Stockholder Equity(3.1M)(5.3M)(4.0M)(4.7M)(4.3M)(4.0M)
Net Tangible Assets(1.3M)(917.2K)(3.1M)(5.3M)(4.8M)(4.6M)
Retained Earnings(18.0M)(20.5M)(20.0M)(20.8M)(18.7M)(19.6M)
Accounts Payable1.3M1.7M1.1M2.3M2.7M1.4M
Net Receivables435.9K137.1K622.8K1.8M2.1M2.2M
Inventory141.2K28.8K170.9K183.8K211.4K137.6K
Other Stockholder Equity1.4M713.4K285.5K454.2K408.8K388.3K
Total Liab7.7M9.4M7.8M10.4M12.0M6.8M
Short Long Term Debt2.1M3.0M1.9M2.8M3.2M2.3M
Total Current Assets662.2K586.0K1.3M2.6M2.9M3.1M
Property Plant Equipment1.2M865.8K2.7M2.2M2.0M1.6M
Non Current Assets Total3.8M3.0M3.0M3.5M4.1M2.7M
Non Current Liabilities Total2.9M3.1M3.1M3.7M4.3M2.2M
Capital Lease Obligations3.7M3.0M3.6M4.3M4.9M5.2M
Net Debt2.1M3.9M2.2M3.0M3.5M2.7M
Net Invested Capital(1.0M)(1.5M)(1.7M)(1.7M)(1.6M)(1.5M)
Net Working Capital(4.2M)(5.7M)(3.4M)(4.1M)(3.7M)(3.9M)

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When running SPoT Coffee's price analysis, check to measure SPoT Coffee'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 SPoT Coffee is operating at the current time. Most of SPoT Coffee's value examination focuses on studying past and present price action to predict the probability of SPoT Coffee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPoT Coffee's price. Additionally, you may evaluate how the addition of SPoT Coffee to your portfolios can decrease your overall portfolio volatility.