| ADSEW Stock | | | USD 3.42 0.20 6.21% |
ADS TEC financial indicator trend analysis is way more than just evaluating ADS TEC ENERGY prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADS TEC ENERGY is a good investment. Please check the relationship between ADS TEC Capital Lease Obligations and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ADS TEC ENERGY PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Capital Lease Obligations vs Accounts Payable
Capital Lease Obligations vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ADS TEC ENERGY Capital Lease Obligations account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ADS TEC's Capital Lease Obligations and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ADS TEC ENERGY PLC, assuming nothing else is changed. The correlation between historical values of ADS TEC's Capital Lease Obligations and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of ADS TEC ENERGY PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Lease Obligations i.e., ADS TEC's Capital Lease Obligations and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Lease Obligations
ADS TEC ENERGY capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to ADS TEC asset purchases. For example, ADS TEC can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as ADS TEC 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.
Accounts Payable
An accounting item on the balance sheet that represents ADS TEC 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 ADS TEC ENERGY 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.
Most indicators from ADS TEC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADS TEC ENERGY 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 ADS TEC ENERGY PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Selling General Administrative is likely to climb to about 32.4
M in 2024, despite the fact that
Tax Provision is likely to grow to (3
M).
ADS TEC fundamental ratios Correlations
Click cells to compare fundamentals
ADS TEC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ADS TEC fundamental ratios Accounts
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Additional Tools for ADS Stock Analysis
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predict the probability of ADS TEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADS TEC's price. Additionally, you may evaluate how the addition of ADS TEC to your portfolios can decrease your overall portfolio volatility.