CENTUM Stock | | | 1,543 32.05 2.12% |
Centum Electronics financial indicator trend analysis is way more than just evaluating Centum Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centum Electronics is a good investment. Please check the relationship between Centum Electronics Short Long Term Debt Total and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Centum Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Short Long Term Debt Total vs Accounts Payable
Short Long Term Debt Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centum Electronics Short Long Term Debt Total account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centum Electronics' Short Long Term Debt Total and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Centum Electronics Limited, assuming nothing else is changed. The correlation between historical values of Centum Electronics' Short Long Term Debt Total 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 Short Long Term Debt Total of Centum Electronics Limited 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 Short Long Term Debt Total i.e., Centum Electronics' Short Long Term Debt Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Accounts Payable
An accounting item on the balance sheet that represents Centum Electronics 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 Centum Electronics 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 Centum Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centum Electronics 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 Centum Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
The current year's
Selling General Administrative is expected to grow to about 194.8
M, whereas
Tax Provision is forecasted to decline to about 62.8
M.
Centum Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Centum Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centum Electronics fundamental ratios Accounts
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Other Information on Investing in Centum Stock
Balance Sheet is a snapshot of the
financial position of Centum Electronics at a specified time, usually calculated after every quarter, six months, or one year. Centum Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centum Electronics 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 Centum currently owns. An asset can also be divided into two categories, current and non-current.