Iveda Accounts Payable vs Total Current Liabilities Analysis
| IVDA Stock | USD 3.84 0.73 23.47% |
Iveda Solutions financial indicator trend analysis is infinitely more than just investigating Iveda Solutions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iveda Solutions is a good investment. Please check the relationship between Iveda Solutions Accounts Payable and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iveda Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Iveda Stock refer to our How to Trade Iveda Stock guide.
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 Iveda Solutions Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Iveda Solutions' Accounts Payable and Total Current Liabilities is 0.83. 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 Iveda Solutions, assuming nothing else is changed. The correlation between historical values of Iveda Solutions' 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 Iveda Solutions 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., Iveda Solutions' Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Iveda Solutions 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 Iveda Solutions 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 Iveda Solutions balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Iveda Solutions 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 Iveda Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iveda Solutions 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iveda Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Iveda Stock refer to our How to Trade Iveda Stock guide.At present, Iveda Solutions' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 1.34, whereas Selling General Administrative is forecasted to decline to about 3.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 273.6K | 53.3K | 7.3K | 6.9K | Depreciation And Amortization | 21.7K | 17.8K | 19.8K | 18.8K |
Iveda Solutions fundamental ratios Correlations
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Iveda Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Iveda Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iveda Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iveda Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iveda Solutions Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iveda Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Iveda Stock refer to our How to Trade Iveda Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iveda Solutions. If investors know Iveda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iveda Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.58) | Revenue Per Share 1.877 | Quarterly Revenue Growth (0.36) | Return On Assets (0.27) | Return On Equity (0.59) |
The market value of Iveda Solutions is measured differently than its book value, which is the value of Iveda that is recorded on the company's balance sheet. Investors also form their own opinion of Iveda Solutions' value that differs from its market value or its book value, called intrinsic value, which is Iveda Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iveda Solutions' market value can be influenced by many factors that don't directly affect Iveda Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iveda Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iveda Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iveda Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.