Software Accounts Payable vs Total Current Liabilities Analysis
| SWAG Stock | USD 1.13 0.03 2.59% |
Software Acquisition financial indicator trend analysis is much more than just breaking down Software Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Software Acquisition is a good investment. Please check the relationship between Software Acquisition Accounts Payable and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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 Software Acquisition Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Software Acquisition's Accounts Payable and Total Current Liabilities is -0.1. 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 Software Acquisition Group, assuming nothing else is changed. The correlation between historical values of Software Acquisition's 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 Software Acquisition Group 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., Software Acquisition's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Software Acquisition 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 Software Acquisition 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 Software Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Software Acquisition Group 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 Software Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Software Acquisition 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The Software Acquisition's current Tax Provision is estimated to increase to about (730.9 K). The current Selling General Administrative is estimated to decrease to about 16.4 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 136.7K | 574.3K | 660.5K | 693.5K | Depreciation And Amortization | 446.7K | 725.4K | 1.5M | 1.6M |
Software Acquisition fundamental ratios Correlations
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Software Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Movies & Entertainment 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 Software Acquisition. If investors know Software 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 Software Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Revenue Per Share 4.098 | Quarterly Revenue Growth 0.275 | Return On Assets (0.01) | Return On Equity 0.0009 |
The market value of Software Acquisition is measured differently than its book value, which is the value of Software that is recorded on the company's balance sheet. Investors also form their own opinion of Software Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Software Acquisition's 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 Software Acquisition's market value can be influenced by many factors that don't directly affect Software Acquisition's 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 Software Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Software Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Software Acquisition's 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.