| 301282 Stock | | | 19.96 0.34 1.67% |
Camelot Electronics financial indicator trend analysis is way more than just evaluating Camelot Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camelot Electronics is a good investment. Please check the relationship between Camelot Electronics Other Current Liab and its Capital Lease Obligations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Camelot Electronics 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.
Other Current Liab vs Capital Lease Obligations
Other Current Liab vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Camelot Electronics Other Current Liab account and
Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Camelot Electronics' Other Current Liab and Capital Lease Obligations is 0.46. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Camelot Electronics Technology, assuming nothing else is changed. The correlation between historical values of Camelot Electronics' Other Current 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 Other Current Liab of Camelot Electronics 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 Other Current Liab i.e., Camelot Electronics' Other Current Liab and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Current Liab
Capital Lease Obligations
Camelot Electronics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Camelot Electronics asset purchases. For example, Camelot Electronics can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Camelot Electronics 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 Camelot Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camelot Electronics 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 Camelot Electronics 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 43.6
M, whereas
Tax Provision is projected to grow to (2.9
M).
Camelot Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Camelot Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camelot Electronics fundamental ratios Accounts
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Other Information on Investing in Camelot Stock
Balance Sheet is a snapshot of the
financial position of Camelot Electronics at a specified time, usually calculated after every quarter, six months, or one year. Camelot Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Camelot Electronics 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 Camelot currently owns. An asset can also be divided into two categories, current and non-current.