ISoftStone Total Liab vs Capital Lease Obligations Analysis
301236 Stock | 64.84 1.34 2.02% |
ISoftStone Information financial indicator trend analysis is infinitely more than just investigating iSoftStone Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSoftStone Information is a good investment. Please check the relationship between ISoftStone Information Total Liab and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iSoftStone Information Technology. 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 Liab vs Capital Lease Obligations
Total Liab vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSoftStone Information Total Liab account and Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ISoftStone Information's Total Liab and Capital Lease Obligations is 0.48. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of iSoftStone Information Technology, assuming nothing else is changed. The correlation between historical values of ISoftStone Information's Total Liab 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 Liab of iSoftStone Information Technology 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 Liab i.e., ISoftStone Information's Total Liab and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Capital Lease Obligations
ISoftStone Information capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to ISoftStone Information asset purchases. For example, ISoftStone Information can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as ISoftStone Information 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 ISoftStone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSoftStone Information 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 iSoftStone Information Technology. 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 799.2 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 146.5M | 131.5M | 78.8M | 74.8M | Interest Income | 21.3M | 55.1M | 62.6M | 42.9M |
ISoftStone Information fundamental ratios Correlations
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ISoftStone Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 ISoftStone Stock
Balance Sheet is a snapshot of the financial position of iSoftStone Information at a specified time, usually calculated after every quarter, six months, or one year. ISoftStone Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ISoftStone Information 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 ISoftStone currently owns. An asset can also be divided into two categories, current and non-current.