Software Long Term Debt vs Non Current Assets Total Analysis
SWAGW Stock | USD 0.01 0 20.00% |
Software Acquisition financial indicator trend analysis is much more than just breaking down Software Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Software Acquisition is a good investment. Please check the relationship between Software Acquisition Long Term Debt and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition 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 price.
Long Term Debt vs Non Current Assets Total
Long Term Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Software Acquisition Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Software Acquisition's Long Term Debt and Non Current Assets Total is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Software Acquisition Group, assuming nothing else is changed. The correlation between historical values of Software Acquisition's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Software Acquisition Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Software Acquisition's Long Term Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Software Acquisition has held for over one year. Long-term debt appears on Software Acquisition Group 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 Software Acquisition Group 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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Software Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Software Acquisition 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 Software Acquisition 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 price. Tax Provision is likely to climb to about 33 K in 2024, whereas Selling General Administrative is likely to drop slightly above 16.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.8M | 16.6M | 24.9M | 16.2M | Total Revenue | 39.7M | 59.0M | 75.9M | 53.4M |
Software Acquisition fundamental ratios Correlations
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Software Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Software Acquisition's price analysis, check to measure Software Acquisition'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 Software Acquisition is operating at the current time. Most of Software Acquisition's value examination focuses on studying past and present price action to predict the probability of Software Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Software Acquisition's price. Additionally, you may evaluate how the addition of Software Acquisition to your portfolios can decrease your overall portfolio volatility.