SuRo Accounts Payable vs Total Current Liabilities Analysis
SSSS Stock | USD 4.98 0.07 1.39% |
SuRo Capital financial indicator trend analysis is much more than just breaking down SuRo Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuRo Capital Corp is a good investment. Please check the relationship between SuRo Capital Accounts Payable and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SuRo Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuRo Capital Corp Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SuRo Capital's Accounts Payable and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of SuRo Capital Corp, assuming nothing else is changed. The correlation between historical values of SuRo Capital's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of SuRo Capital Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., SuRo Capital's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents SuRo Capital 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 SuRo Capital Corp 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.Total Current Liabilities
Total Current Liabilities is an item on SuRo Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SuRo Capital Corp 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.Most indicators from SuRo Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuRo Capital Corp 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 SuRo Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Selling General Administrative is likely to drop to about 9.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
SuRo Capital fundamental ratios Correlations
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SuRo Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SuRo Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 288.6M | 478.9M | 462.3M | 284.4M | 277.6M | 373.0M | |
Other Current Liab | 4.0M | (633.7K) | 24.0M | (288.3K) | 266.1K | 252.8K | |
Total Current Liabilities | 49.8M | 139.3M | 24.4M | 716.7K | 498.8K | 473.9K | |
Total Stockholder Equity | 199.9M | 301.6M | 364.8M | 210.0M | 203.4M | 257.1M | |
Net Debt | (6.1M) | (7.8M) | (125.4M) | 33.6M | 45.6M | 47.8M | |
Accounts Payable | 45.9M | 139.9M | 24.4M | 1.0M | 498.8K | 473.9K | |
Cash | 44.9M | 45.8M | 198.4M | 40.1M | 28.2M | 41.4M | |
Non Current Assets Total | 241.6M | 431.7M | 261.2M | 243.1M | 248.6M | 322.6M | |
Non Currrent Assets Other | (775.7K) | 297.2K | 621.7K | 555.8K | (248.0M) | (235.6M) | |
Cash And Short Term Investments | 44.9M | 45.8M | 198.4M | 40.1M | 28.2M | 49.1M | |
Net Receivables | 84.6K | 1.0M | 2.2M | 767.1K | 132.6K | 126.0K | |
Common Stock Total Equity | 197.6K | 175.6K | 199.1K | 284.3K | 326.9K | 214.8K | |
Common Stock Shares Outstanding | 23.1M | 21.8M | 26.8M | 30.0M | 26.2M | 23.0M | |
Short Term Investments | 320.6T | 1.0 | 231.8M | 130.9M | 117.8M | 111.9M | |
Liabilities And Stockholders Equity | 288.6M | 478.9M | 462.3M | 284.4M | 277.6M | 372.4M | |
Non Current Liabilities Total | 38.8M | 38.0M | 73.0M | 73.7M | 73.7M | 70.1M | |
Other Current Assets | 2.0M | 985.6K | 938.0K | 727.0K | 691.4K | 948.0K | |
Other Stockholder Equity | 204.2M | 221.8M | 285.5M | 387.2M | 207.4M | 259.0M | |
Total Liab | 88.6M | 177.3M | 97.5M | 74.4M | 74.2M | 115.3M | |
Total Current Assets | 47.0M | 47.2M | 201.1M | 41.3M | 29.0M | 50.4M | |
Common Stock | 175.6K | 199.1K | 311.2K | 284.3K | 254.5K | 229.6K | |
Retained Earnings | 21.2M | 79.6M | 14.5M | (121.2M) | (4.3M) | (4.1M) | |
Short Long Term Debt Total | 39.0M | 38.0M | 73.0M | 73.7M | 73.7M | 65.6M | |
Other Assets | 1.8M | 1.3M | 1.6M | (129.0M) | (28.3T) | (26.9T) | |
Net Tangible Assets | 199.9M | 301.6M | 364.8M | 358.8M | 412.6M | 286.7M | |
Capital Surpluse | 202.6M | 192.3M | 178.6M | 330.9M | 380.5M | 249.9M | |
Deferred Long Term Liab | 11.4K | 297.2K | 621.7K | 555.8K | 639.1K | 389.2K | |
Long Term Investments | 241.6M | 430.8M | 260.1M | 242.2M | 247.9M | 241.2M | |
Net Invested Capital | 238.7M | 339.0M | 437.9M | 283.4M | 277.1M | 327.3M | |
Capital Stock | 175.6K | 199.1K | 311.2K | 284.3K | 254.5K | 260.8K |
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When running SuRo Capital's price analysis, check to measure SuRo Capital'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 SuRo Capital is operating at the current time. Most of SuRo Capital's value examination focuses on studying past and present price action to predict the probability of SuRo Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SuRo Capital's price. Additionally, you may evaluate how the addition of SuRo Capital to your portfolios can decrease your overall portfolio volatility.