688126 Stock | | | 20.56 0.29 1.43% |
National Silicon financial indicator trend analysis is infinitely more than just investigating National Silicon Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Silicon Industry is a good investment. Please check the relationship between National Silicon Accounts Payable and its Non Current Liabilities Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in National Silicon Industry. 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.
Accounts Payable vs Non Current Liabilities Other
Accounts Payable vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
National Silicon Industry Accounts Payable account and
Non Current Liabilities Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between National Silicon's Accounts Payable and Non Current Liabilities Other is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of National Silicon Industry, assuming nothing else is changed. The correlation between historical values of National Silicon's Accounts Payable and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of National Silicon Industry are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Accounts Payable i.e., National Silicon's Accounts Payable and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents National Silicon obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of National Silicon Industry are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Non Current Liabilities Other
Most indicators from National Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Silicon Industry 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 National Silicon Industry. 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 23.9
M, whereas
Selling General Administrative is forecasted to decline to about 151.3
M.
National Silicon fundamental ratios Correlations
Click cells to compare fundamentals
National Silicon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Silicon fundamental ratios Accounts
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Other Information on Investing in National Stock
Balance Sheet is a snapshot of the
financial position of National Silicon Industry at a specified time, usually calculated after every quarter, six months, or one year. National Silicon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Silicon 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 National currently owns. An asset can also be divided into two categories, current and non-current.