Bynordic Total Liab vs Accounts Payable Analysis
| BYNOU Stock | USD 11.32 0.00 0.00% |
Bynordic Acquisition financial indicator trend analysis is way more than just evaluating Bynordic Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bynordic Acquisition Corp is a good investment. Please check the relationship between Bynordic Acquisition Total Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Bynordic Stock please use our How to Invest in Bynordic Acquisition guide.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bynordic Acquisition Corp Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bynordic Acquisition's Total Liab and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bynordic Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Bynordic Acquisition's Total Liab 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 Total Liab of Bynordic Acquisition Corp 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 Total Liab i.e., Bynordic Acquisition's Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Bynordic Acquisition 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 Bynordic Acquisition Corp 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 Bynordic Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Bynordic Stock please use our How to Invest in Bynordic Acquisition guide.At this time, Bynordic Acquisition's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.13 in 2024, whereas Enterprise Value is likely to drop slightly above 176.8 M in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 2.7M | 6.2M | 4.9M | Cost Of Revenue | 66.3K | 873.9K | 472.4K |
Bynordic Acquisition fundamental ratios Correlations
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Bynordic Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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