| 301078 Stock | | | 10.70 1.04 8.86% |
Kidswant Children financial indicator trend analysis is infinitely more than just investigating Kidswant Children recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kidswant Children is a good investment. Please check the relationship between Kidswant Children Total Current Liabilities and its Capital Lease Obligations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kidswant Children Products. 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 Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kidswant Children Total Current Liabilities account and
Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Kidswant Children's Total Current Liabilities and Capital Lease Obligations is -0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Kidswant Children Products, assuming nothing else is changed. The correlation between historical values of Kidswant Children's Total Current Liabilities and Capital Lease Obligations 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 Kidswant Children Products are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Kidswant Children's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.79 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Kidswant Children balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kidswant Children Products 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.
Capital Lease Obligations
Kidswant Children capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Kidswant Children asset purchases. For example, Kidswant Children can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Kidswant Children control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Kidswant Children's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kidswant Children 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 Kidswant Children Products. 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
Tax Provision is expected to grow to about 42
M, whereas
Selling General Administrative is forecasted to decline to about 1.8
B.
Kidswant Children fundamental ratios Correlations
Click cells to compare fundamentals
Kidswant Children Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kidswant Children fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Kidswant Stock
Balance Sheet is a snapshot of the
financial position of Kidswant Children at a specified time, usually calculated after every quarter, six months, or one year. Kidswant Children Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kidswant Children 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 Kidswant currently owns. An asset can also be divided into two categories, current and non-current.