| 000920 Stock | | | 9.21 0.11 1.21% |
Vontron Technology financial indicator trend analysis is much more than just breaking down Vontron Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vontron Technology is a good investment. Please check the relationship between Vontron Technology Total Current Liabilities and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vontron Technology Co. 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.
Total Current Liabilities vs Long Term Investments
Total Current Liabilities vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vontron Technology Total Current Liabilities account and
Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vontron Technology's Total Current Liabilities and Long Term Investments is 0.18. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Vontron Technology Co, assuming nothing else is changed. The correlation between historical values of Vontron Technology's Total Current Liabilities and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Vontron Technology Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Liabilities i.e., Vontron Technology's Total Current Liabilities and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Vontron Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vontron Technology Co 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.
Long Term Investments
Long Term Investments is an item on the asset side of Vontron Technology balance sheet that represents investments Vontron Technology intends to hold for over a year. Vontron Technology Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Vontron Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vontron 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vontron Technology Co. 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 current year's
Selling General Administrative is expected to grow to about 196.3
M, whereas
Tax Provision is projected to grow to (335.4
K).
Vontron Technology fundamental ratios Correlations
Click cells to compare fundamentals
Vontron Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vontron Technology fundamental ratios Accounts
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Other Information on Investing in Vontron Stock
Balance Sheet is a snapshot of the
financial position of Vontron Technology at a specified time, usually calculated after every quarter, six months, or one year. Vontron Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vontron Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vontron currently owns. An asset can also be divided into two categories, current and non-current.