| 688115 Stock | | | 40.50 1.50 3.57% |
Smartgiant Technology financial indicator trend analysis is much more than just breaking down Smartgiant Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smartgiant Technology is a good investment. Please check the relationship between Smartgiant Technology 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 Smartgiant 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 board of governors.
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
Smartgiant Technology Total Current Liabilities account and
Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Smartgiant Technology'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 Smartgiant Technology Co, assuming nothing else is changed. The correlation between historical values of Smartgiant Technology'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 Smartgiant Technology Co 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., Smartgiant Technology'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 Smartgiant 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 Smartgiant 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.
Capital Lease Obligations
Smartgiant Technology capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Smartgiant Technology asset purchases. For example, Smartgiant Technology can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Smartgiant Technology 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 Smartgiant Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smartgiant 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 Smartgiant 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 board of governors.
The current year's
Tax Provision is expected to grow to about (4.6
M). In addition to that,
Selling General Administrative is expected to decline to about 26.3
MSmartgiant Technology fundamental ratios Correlations
Click cells to compare fundamentals
Smartgiant Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smartgiant Technology fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Smartgiant Stock
Balance Sheet is a snapshot of the
financial position of Smartgiant Technology at a specified time, usually calculated after every quarter, six months, or one year. Smartgiant Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Smartgiant 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 Smartgiant currently owns. An asset can also be divided into two categories, current and non-current.