Angel Net Tangible Assets vs Accounts Payable Analysis
| FINS Stock | | | USD 13.16 0.02 0.15% |
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Net Tangible Assets and its Accounts Payable accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angel Oak Financial Net Tangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Angel Oak's Net Tangible Assets and Accounts Payable is -0.21. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak's Net Tangible Assets 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 Net Tangible Assets of Angel Oak Financial 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 Net Tangible Assets i.e., Angel Oak's Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Accounts Payable
An accounting item on the balance sheet that represents Angel Oak 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 Angel Oak Financial 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 Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
At this time, Angel Oak's
Issuance Of Capital Stock is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.03 in 2025, whereas
Selling General Administrative is likely to drop slightly above 964.6
K in 2025.
Angel Oak fundamental ratios Correlations
Click cells to compare fundamentals
Angel Oak Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angel Oak fundamental ratios Accounts
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