CICT Accounts Payable vs Capital Lease Obligations Analysis

688387 Stock

6.27 0.11 1.79%

CICT Mobile financial indicator trend analysis is way more than just evaluating CICT Mobile Communication prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CICT Mobile Communication is a good investment. Please check the relationship between CICT Mobile Accounts Payable and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CICT Mobile Communication. 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 Capital Lease Obligations

Accounts Payable vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CICT Mobile Communication Accounts Payable account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between CICT Mobile's Accounts Payable and Capital Lease Obligations is -0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of CICT Mobile Communication, assuming nothing else is changed. The correlation between historical values of CICT Mobile's Accounts Payable 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 Accounts Payable of CICT Mobile Communication 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 Accounts Payable i.e., CICT Mobile's Accounts Payable and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents CICT Mobile 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 CICT Mobile Communication 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.

Capital Lease Obligations

CICT Mobile Communication capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to CICT Mobile asset purchases. For example, CICT Mobile can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as CICT Mobile 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 CICT Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CICT Mobile Communication 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 CICT Mobile Communication. 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 438.6 M, whereas Tax Provision is forecasted to decline to about 7.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	122.4M	61.6M	56.9M	81.7M
Interest Income	22.2M	27.2M	49.2M	32.4M

Interest Expense Interest Income

CICT Mobile fundamental ratios Correlations

	Net Debt	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Net Debt		-0.64	-0.32	0.73	-0.58	0.77	0.82	-0.8	-0.34	0.93	-0.6	-0.35	-0.76	-0.69	-0.28	0.75	-0.62	-0.48	0.78	-0.59	0.88	0.57	-0.63	-0.64	-0.56	-0.56
Total Assets	-0.64		0.87	-0.75	0.97	-0.95	-0.93	0.95	0.82	-0.62	0.67	0.84	0.91	0.93	0.72	-0.95	1.0	0.94	-0.71	1.0	-0.85	-0.84	1.0	0.94	0.89	0.97
Other Current Liab	-0.32	0.87		-0.55	0.81	-0.75	-0.7	0.77	0.98	-0.46	0.33	0.93	0.61	0.66	0.92	-0.73	0.87	0.9	-0.47	0.87	-0.67	-0.66	0.87	0.71	0.87	0.83
Total Current Liabilities	0.73	-0.75	-0.55		-0.82	0.9	0.92	-0.89	-0.48	0.71	-0.29	-0.76	-0.84	-0.65	-0.64	0.9	-0.74	-0.48	0.99	-0.75	0.92	0.94	-0.74	-0.82	-0.89	-0.82
Total Stockholder Equity	-0.58	0.97	0.81	-0.82		-0.96	-0.94	0.93	0.72	-0.52	0.61	0.86	0.94	0.91	0.7	-0.97	0.98	0.85	-0.78	0.99	-0.82	-0.93	0.97	0.98	0.9	1.0
Property Plant And Equipment Net	0.77	-0.95	-0.75	0.9	-0.96		1.0	-0.99	-0.69	0.72	-0.61	-0.82	-0.96	-0.9	-0.68	1.0	-0.95	-0.79	0.89	-0.95	0.94	0.93	-0.95	-0.96	-0.92	-0.96
Retained Earnings	0.82	-0.93	-0.7	0.92	-0.94	1.0		-0.99	-0.64	0.76	-0.61	-0.77	-0.96	-0.89	-0.64	0.99	-0.92	-0.75	0.91	-0.92	0.96	0.92	-0.92	-0.94	-0.89	-0.93
Accounts Payable	-0.8	0.95	0.77	-0.89	0.93	-0.99	-0.99		0.73	-0.79	0.59	0.82	0.93	0.88	0.71	-0.98	0.94	0.81	-0.87	0.94	-0.97	-0.89	0.95	0.92	0.92	0.93
Cash	-0.34	0.82	0.98	-0.48	0.72	-0.69	-0.64	0.73		-0.52	0.29	0.87	0.52	0.6	0.91	-0.65	0.81	0.87	-0.4	0.8	-0.65	-0.54	0.82	0.61	0.81	0.74
Non Current Assets Total	0.93	-0.62	-0.46	0.71	-0.52	0.72	0.76	-0.79	-0.52		-0.37	-0.48	-0.61	-0.55	-0.49	0.68	-0.59	-0.49	0.74	-0.56	0.9	0.52	-0.61	-0.52	-0.64	-0.52
Non Currrent Assets Other	-0.6	0.67	0.33	-0.29	0.61	-0.61	-0.61	0.59	0.29	-0.37		0.17	0.75	0.88	0.0	-0.62	0.68	0.71	-0.32	0.66	-0.47	-0.4	0.68	0.7	0.28	0.6
Long Term Debt	-0.35	0.84	0.93	-0.76	0.86	-0.82	-0.77	0.82	0.87	-0.48	0.17		0.67	0.61	0.96	-0.8	0.84	0.74	-0.69	0.86	-0.74	-0.84	0.84	0.76	0.97	0.87
Net Receivables	-0.76	0.91	0.61	-0.84	0.94	-0.96	-0.96	0.93	0.52	-0.61	0.75	0.67		0.95	0.47	-0.98	0.91	0.75	-0.84	0.91	-0.86	-0.9	0.91	0.98	0.79	0.93
Common Stock Shares Outstanding	-0.69	0.93	0.66	-0.65	0.91	-0.9	-0.89	0.88	0.6	-0.55	0.88	0.61	0.95		0.43	-0.91	0.94	0.88	-0.64	0.93	-0.76	-0.76	0.94	0.95	0.7	0.9
Non Current Liabilities Total	-0.28	0.72	0.92	-0.64	0.7	-0.68	-0.64	0.71	0.91	-0.49	0.0	0.96	0.47	0.43		-0.65	0.72	0.66	-0.56	0.72	-0.67	-0.67	0.72	0.57	0.9	0.72
Capital Lease Obligations	0.75	-0.95	-0.73	0.9	-0.97	1.0	0.99	-0.98	-0.65	0.68	-0.62	-0.8	-0.98	-0.91	-0.65		-0.95	-0.78	0.88	-0.95	0.92	0.94	-0.95	-0.97	-0.9	-0.97
Inventory	-0.62	1.0	0.87	-0.74	0.98	-0.95	-0.92	0.94	0.81	-0.59	0.68	0.84	0.91	0.94	0.72	-0.95		0.94	-0.7	1.0	-0.83	-0.84	1.0	0.95	0.88	0.98
Other Current Assets	-0.48	0.94	0.9	-0.48	0.85	-0.79	-0.75	0.81	0.87	-0.49	0.71	0.74	0.75	0.88	0.66	-0.78	0.94		-0.43	0.93	-0.67	-0.61	0.94	0.81	0.73	0.86
Total Liab	0.78	-0.71	-0.47	0.99	-0.78	0.89	0.91	-0.87	-0.4	0.74	-0.32	-0.69	-0.84	-0.64	-0.56	0.88	-0.7	-0.43		-0.71	0.92	0.91	-0.7	-0.8	-0.84	-0.77
Net Invested Capital	-0.59	1.0	0.87	-0.75	0.99	-0.95	-0.92	0.94	0.8	-0.56	0.66	0.86	0.91	0.93	0.72	-0.95	1.0	0.93	-0.71		-0.82	-0.86	1.0	0.96	0.89	0.99
Property Plant And Equipment Gross	0.88	-0.85	-0.67	0.92	-0.82	0.94	0.96	-0.97	-0.65	0.9	-0.47	-0.74	-0.86	-0.76	-0.67	0.92	-0.83	-0.67	0.92	-0.82		0.83	-0.84	-0.82	-0.88	-0.82
Short Long Term Debt	0.57	-0.84	-0.66	0.94	-0.93	0.93	0.92	-0.89	-0.54	0.52	-0.4	-0.84	-0.9	-0.76	-0.67	0.94	-0.84	-0.61	0.91	-0.86	0.83		-0.84	-0.93	-0.91	-0.93
Total Current Assets	-0.63	1.0	0.87	-0.74	0.97	-0.95	-0.92	0.95	0.82	-0.61	0.68	0.84	0.91	0.94	0.72	-0.95	1.0	0.94	-0.7	1.0	-0.84	-0.84		0.94	0.88	0.97
Capital Stock	-0.64	0.94	0.71	-0.82	0.98	-0.96	-0.94	0.92	0.61	-0.52	0.7	0.76	0.98	0.95	0.57	-0.97	0.95	0.81	-0.8	0.96	-0.82	-0.93	0.94		0.84	0.98
Non Current Liabilities Other	-0.56	0.89	0.87	-0.89	0.9	-0.92	-0.89	0.92	0.81	-0.64	0.28	0.97	0.79	0.7	0.9	-0.9	0.88	0.73	-0.84	0.89	-0.88	-0.91	0.88	0.84		0.91
Net Working Capital	-0.56	0.97	0.83	-0.82	1.0	-0.96	-0.93	0.93	0.74	-0.52	0.6	0.87	0.93	0.9	0.72	-0.97	0.98	0.86	-0.77	0.99	-0.82	-0.93	0.97	0.98	0.91

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CICT Mobile Account Relationship Matchups

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Other Information on Investing in CICT Stock

Balance Sheet is a snapshot of the financial position of CICT Mobile Communication at a specified time, usually calculated after every quarter, six months, or one year. CICT Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CICT Mobile 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 CICT currently owns. An asset can also be divided into two categories, current and non-current.

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CICT Accounts Payable vs Capital Lease Obligations Analysis

Accounts Payable vs Capital Lease Obligations

Accounts Payable vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Accounts Payable

Capital Lease Obligations

CICT Mobile fundamental ratios Correlations

CICT Mobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in CICT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Property Plant And Equipment Net
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net

Accounts Payable	- 0.99	Retained Earnings
Accounts Payable	- 0.99	Property Plant And Equipment Net
Capital Lease Obligations	- 0.98	Net Receivables
Capital Lease Obligations	- 0.98	Accounts Payable
Net Working Capital	- 0.97	Capital Lease Obligations
Capital Stock	- 0.97	Capital Lease Obligations