Comerton Gross Profit Margin vs Total Current Liabilities Analysis
| COCM Stock | USD 0.0001 0.00 0.00% |
Comerton Corp financial indicator trend analysis is way more than just evaluating Comerton Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comerton Corp is a good investment. Please check the relationship between Comerton Corp Gross Profit Margin and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerton 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 main economic indicators. To learn how to invest in Comerton Stock, please use our How to Invest in Comerton Corp guide.
Gross Profit Margin vs Total Current Liabilities
Gross Profit Margin vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerton Corp Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Comerton Corp's Gross Profit Margin and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Comerton Corp, assuming nothing else is changed. The correlation between historical values of Comerton Corp's Gross Profit Margin 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 Gross Profit Margin of Comerton 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 Gross Profit Margin i.e., Comerton Corp's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit Margin
Total Current Liabilities
Total Current Liabilities is an item on Comerton Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Comerton 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 Comerton Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comerton 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 Comerton 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 main economic indicators. To learn how to invest in Comerton Stock, please use our How to Invest in Comerton Corp guide.As of the 16th of December 2024, Selling General Administrative is likely to drop to about 87.7 K. In addition to that, Enterprise Value Over EBITDA is likely to grow to -291.19
Comerton Corp fundamental ratios Correlations
Click cells to compare fundamentals
Comerton Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Industrial Machinery & Supplies & Components 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 Comerton Corp. If investors know Comerton 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 Comerton Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.43) | Return On Assets 0.0856 |
The market value of Comerton Corp is measured differently than its book value, which is the value of Comerton that is recorded on the company's balance sheet. Investors also form their own opinion of Comerton Corp's value that differs from its market value or its book value, called intrinsic value, which is Comerton Corp'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 Comerton Corp's market value can be influenced by many factors that don't directly affect Comerton Corp'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 Comerton Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerton Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerton Corp'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.