| 0NYH Stock | | | 16.03 0.17 1.07% |
Ebro Foods financial indicator trend analysis is much more than just examining Ebro Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ebro Foods is a good investment. Please check the relationship between Ebro Foods Other Current Liab and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ebro Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Current Liab vs Long Term Debt
Other Current Liab vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ebro Foods Other Current Liab account and
Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ebro Foods' Other Current Liab and Long Term Debt is -0.29. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Ebro Foods, assuming nothing else is changed. The correlation between historical values of Ebro Foods' Other Current Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Ebro Foods are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Ebro Foods' Other Current Liab and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.29 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Current Liab
Long Term Debt
Long-term debt is a debt that Ebro Foods has held for over one year. Long-term debt appears on Ebro Foods balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ebro Foods balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Ebro Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ebro Foods 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 Ebro Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 47
M in 2024.
Selling General Administrative is likely to drop to about 502.7
M in 2024
Ebro Foods fundamental ratios Correlations
Click cells to compare fundamentals
Ebro Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ebro Foods fundamental ratios Accounts
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Additional Tools for Ebro Stock Analysis
When running Ebro Foods' price analysis, check to
measure Ebro Foods' 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 Ebro Foods is operating at the current time. Most of Ebro Foods' value examination focuses on studying past and present price action to
predict the probability of Ebro Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ebro Foods' price. Additionally, you may evaluate how the addition of Ebro Foods to your portfolios can decrease your overall portfolio volatility.