Electronic Historical Balance Sheet
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Trend analysis of Electronic Sensor Technology balance sheet accounts such as Total Current Liabilities of 318.4 K or Accounts Payable of 351.6 K provides information on Electronic Sensor's total assets, liabilities, and equity, which is the actual value of Electronic Sensor to its prevalent stockholders. By breaking down trends over time using Electronic Sensor balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Electronic Sensor latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Electronic Sensor is a good buy for the upcoming year.
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About Electronic Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Electronic Sensor at a specified time, usually calculated after every quarter, six months, or one year. Electronic Sensor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Electronic Sensor and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Electronic currently owns. An asset can also be divided into two categories, current and non-current.
Electronic Sensor Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Electronic Sensor assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Electronic Sensor books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Electronic Sensor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Electronic Sensor Technology 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.Accounts Payable
An accounting item on the balance sheet that represents Electronic Sensor 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 Electronic Sensor 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 accounts from Electronic Sensor's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Electronic Sensor current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electronic Sensor Technology. 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. At this time, Electronic Sensor's Other Current Liabilities is relatively stable compared to the past year. As of 11/30/2024, Accounts Payable is likely to grow to about 351.6 K, while Total Current Liabilities is likely to drop slightly above 318.4 K.
| 2010 | 2011 | 2023 | 2024 (projected) | Other Current Liabilities | 5.9M | 2.4M | 2.2M | 3.1M | Total Assets | 7.5M | 1.5M | 1.4M | 1.3M |
Electronic Sensor balance sheet Correlations
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Electronic Sensor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Electronic Sensor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Electronic Sensor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Electronic Sensor will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Electronic Sensor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electronic Sensor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Electronic Sensor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Electronic Sensor Technology to buy it.
The correlation of Electronic Sensor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Electronic Sensor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electronic Sensor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Electronic Sensor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Electronic Stock Analysis
When running Electronic Sensor's price analysis, check to measure Electronic Sensor'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 Electronic Sensor is operating at the current time. Most of Electronic Sensor's value examination focuses on studying past and present price action to predict the probability of Electronic Sensor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronic Sensor's price. Additionally, you may evaluate how the addition of Electronic Sensor to your portfolios can decrease your overall portfolio volatility.