Orangekloud Inventory vs Total Current Assets Analysis
ORKT Stock | 3.03 0.13 4.11% |
Orangekloud Technology financial indicator trend analysis is much more than just breaking down Orangekloud Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orangekloud Technology is a good investment. Please check the relationship between Orangekloud Technology Inventory and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orangekloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Inventory vs Total Current Assets
Inventory vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orangekloud Technology Inventory account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orangekloud Technology's Inventory and Total Current Assets is 0.54. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Orangekloud Technology Class, assuming nothing else is changed. The correlation between historical values of Orangekloud Technology's Inventory and Total Current Assets 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 Orangekloud Technology Class are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Inventory i.e., Orangekloud Technology's Inventory and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Orangekloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orangekloud Technology 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orangekloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. Enterprise Value is likely to gain to about 166.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.6K | 17.3K | 36.6K | 27.3K | Depreciation And Amortization | 169.6K | 227.3K | 288.8K | 251.4K |
Orangekloud Technology fundamental ratios Correlations
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Orangekloud Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Orangekloud Stock Analysis
When running Orangekloud Technology's price analysis, check to measure Orangekloud Technology'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 Orangekloud Technology is operating at the current time. Most of Orangekloud Technology's value examination focuses on studying past and present price action to predict the probability of Orangekloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orangekloud Technology's price. Additionally, you may evaluate how the addition of Orangekloud Technology to your portfolios can decrease your overall portfolio volatility.