Thermodynetics Inventory vs Long Term Debt Analysis
Thermodynetics financial indicator trend analysis is much more than just breaking down Thermodynetics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thermodynetics is a good investment. Please check the relationship between Thermodynetics Inventory and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermodynetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Thermodynetics Stock please use our How to Invest in Thermodynetics guide.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thermodynetics Inventory account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Thermodynetics' Inventory and Long Term Debt is -0.88. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Thermodynetics, assuming nothing else is changed. The correlation between historical values of Thermodynetics' Inventory 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 Inventory of Thermodynetics 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 Inventory i.e., Thermodynetics' Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Inventory
Long Term Debt
Long-term debt is a debt that Thermodynetics has held for over one year. Long-term debt appears on Thermodynetics 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 Thermodynetics 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 Thermodynetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thermodynetics 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 Thermodynetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Thermodynetics Stock please use our How to Invest in Thermodynetics guide.Selling General Administrative is likely to drop to about 1.2 M in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 240.1K | 216.1K | 205.3K | Total Revenue | 10.7M | 552.4K | 497.2K | 472.3K |
Thermodynetics fundamental ratios Correlations
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Thermodynetics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Thermodynetics Stock Analysis
When running Thermodynetics' price analysis, check to measure Thermodynetics' 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 Thermodynetics is operating at the current time. Most of Thermodynetics' value examination focuses on studying past and present price action to predict the probability of Thermodynetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermodynetics' price. Additionally, you may evaluate how the addition of Thermodynetics to your portfolios can decrease your overall portfolio volatility.