IVT Stock | | | USD 30.94 0.13 0.42% |
Inventrust Properties financial indicator trend analysis is infinitely more than just investigating Inventrust Properties recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventrust Properties is a good investment. Please check the relationship between Inventrust Properties Non Current Assets Total and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventrust Properties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Non Current Assets Total vs Accounts Payable
Non Current Assets Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inventrust Properties Non Current Assets Total account and
Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Inventrust Properties' Non Current Assets Total and Accounts Payable is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Inventrust Properties Corp, assuming nothing else is changed. The correlation between historical values of Inventrust Properties' Non Current Assets Total 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 Non Current Assets Total of Inventrust Properties Corp 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 Non Current Assets Total i.e., Inventrust Properties' Non Current Assets Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Accounts Payable
An accounting item on the balance sheet that represents Inventrust Properties 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 Inventrust Properties 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 Inventrust Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventrust Properties 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 Inventrust Properties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Inventrust Properties'
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 5.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
Inventrust Properties fundamental ratios Correlations
Click cells to compare fundamentals
Inventrust Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inventrust Properties fundamental ratios Accounts
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