Orangekloud Non Currrent Assets Other vs Accounts Payable 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 Non Currrent Assets Other and its Accounts Payable 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.
Non Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orangekloud Technology Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Orangekloud Technology's Non Currrent Assets Other and Accounts Payable is 0.84. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable 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 Non Currrent Assets Other 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 Currrent Assets Other of Orangekloud Technology Class 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 Currrent Assets Other i.e., Orangekloud Technology's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Accounts Payable
An accounting item on the balance sheet that represents Orangekloud Technology 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 Orangekloud Technology 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 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
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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.