Cartica Net Debt vs Total Current Liabilities Analysis

CITE Stock  USD 11.74  0.03  0.26%   
Cartica Acquisition financial indicator trend analysis is way more than just evaluating Cartica Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartica Acquisition Corp is a good investment. Please check the relationship between Cartica Acquisition Net Debt and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cartica 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 estimate.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartica Acquisition Corp Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cartica Acquisition's Net Debt and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Cartica Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cartica Acquisition's Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cartica Acquisition Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Cartica Acquisition's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on Cartica Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cartica Acquisition Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Cartica Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartica 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 Cartica 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 estimate.
The current year's Enterprise Value is expected to grow to about 269.9 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2010 2022 2023 2024 (projected)
Total Operating Expenses292.8K2.2M2.0M1.7M
EBITDA24.4K14.7M8.4M8.5M

Cartica Acquisition fundamental ratios Correlations

0.26-0.95-0.891.00.14-0.97-0.90.971.01.0-0.140.97-0.060.990.671.0-0.141.00.260.991.00.960.261.0-0.15
0.26-0.480.150.260.99-0.01-0.630.020.260.26-0.830.02-0.960.110.860.17-0.830.261.00.10.26-0.021.00.26-0.96
-0.95-0.480.8-0.95-0.360.850.98-0.86-0.95-0.950.44-0.860.33-0.9-0.85-0.920.44-0.95-0.48-0.89-0.95-0.84-0.48-0.950.42
-0.890.150.8-0.890.270.950.67-0.95-0.89-0.89-0.08-0.95-0.28-0.94-0.36-0.92-0.08-0.890.15-0.94-0.89-0.960.15-0.89-0.19
1.00.26-0.95-0.890.15-0.97-0.90.971.01.0-0.140.97-0.070.990.670.99-0.141.00.260.991.00.960.261.0-0.15
0.140.99-0.360.270.150.1-0.53-0.090.140.14-0.8-0.09-0.96-0.010.790.05-0.80.150.99-0.010.15-0.130.990.15-0.95
-0.97-0.010.850.95-0.970.10.76-1.0-0.97-0.97-0.11-1.0-0.2-0.99-0.46-0.99-0.11-0.97-0.01-1.0-0.97-1.0-0.01-0.97-0.11
-0.9-0.630.980.67-0.9-0.530.76-0.77-0.9-0.90.53-0.770.48-0.83-0.92-0.860.53-0.9-0.63-0.82-0.9-0.75-0.63-0.90.56
0.970.02-0.86-0.950.97-0.09-1.0-0.770.970.970.091.00.181.00.470.990.090.970.021.00.971.00.020.970.1
1.00.26-0.95-0.891.00.14-0.97-0.90.971.0-0.140.97-0.060.990.671.0-0.141.00.260.991.00.960.261.0-0.15
1.00.26-0.95-0.891.00.14-0.97-0.90.971.0-0.140.97-0.060.990.671.0-0.141.00.260.991.00.960.261.0-0.15
-0.14-0.830.44-0.08-0.14-0.8-0.110.530.09-0.14-0.140.090.930.01-0.79-0.051.0-0.14-0.830.01-0.140.12-0.83-0.140.94
0.970.02-0.86-0.950.97-0.09-1.0-0.771.00.970.970.090.181.00.470.990.090.970.021.00.971.00.020.970.1
-0.06-0.960.33-0.28-0.07-0.96-0.20.480.18-0.06-0.060.930.180.09-0.780.040.93-0.07-0.960.1-0.060.22-0.96-0.061.0
0.990.11-0.9-0.940.99-0.01-0.99-0.831.00.990.990.011.00.090.551.00.010.990.111.00.990.990.110.990.01
0.670.86-0.85-0.360.670.79-0.46-0.920.470.670.67-0.790.47-0.780.550.59-0.790.670.860.540.670.430.860.67-0.83
1.00.17-0.92-0.920.990.05-0.99-0.860.991.01.0-0.050.990.041.00.59-0.050.990.171.01.00.980.171.0-0.05
-0.14-0.830.44-0.08-0.14-0.8-0.110.530.09-0.14-0.141.00.090.930.01-0.79-0.05-0.14-0.830.01-0.140.12-0.83-0.140.94
1.00.26-0.95-0.891.00.15-0.97-0.90.971.01.0-0.140.97-0.070.990.670.99-0.140.260.991.00.960.261.0-0.15
0.261.0-0.480.150.260.99-0.01-0.630.020.260.26-0.830.02-0.960.110.860.17-0.830.260.10.26-0.021.00.26-0.96
0.990.1-0.89-0.940.99-0.01-1.0-0.821.00.990.990.011.00.11.00.541.00.010.990.10.990.990.10.990.01
1.00.26-0.95-0.891.00.15-0.97-0.90.971.01.0-0.140.97-0.060.990.671.0-0.141.00.260.990.960.261.0-0.15
0.96-0.02-0.84-0.960.96-0.13-1.0-0.751.00.960.960.121.00.220.990.430.980.120.96-0.020.990.96-0.020.960.14
0.261.0-0.480.150.260.99-0.01-0.630.020.260.26-0.830.02-0.960.110.860.17-0.830.261.00.10.26-0.020.26-0.96
1.00.26-0.95-0.891.00.15-0.97-0.90.971.01.0-0.140.97-0.060.990.671.0-0.141.00.260.991.00.960.26-0.15
-0.15-0.960.42-0.19-0.15-0.95-0.110.560.1-0.15-0.150.940.11.00.01-0.83-0.050.94-0.15-0.960.01-0.150.14-0.96-0.15
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Cartica Acquisition Account Relationship Matchups

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When determining whether Cartica Acquisition Corp is a strong investment it is important to analyze Cartica Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cartica Acquisition's future performance. For an informed investment choice regarding Cartica Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cartica 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 estimate.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartica Acquisition. If investors know Cartica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartica Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(0.84)
Return On Assets
(0.03)
The market value of Cartica Acquisition Corp is measured differently than its book value, which is the value of Cartica that is recorded on the company's balance sheet. Investors also form their own opinion of Cartica Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cartica Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartica Acquisition's market value can be influenced by many factors that don't directly affect Cartica Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartica Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartica Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartica Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.