Carbon Capital Lease Obligations vs Total Current Assets Analysis

CREV Stock   8.24  0.17  2.11%   
Carbon Revolution financial indicator trend analysis is way more than just evaluating Carbon Revolution Public prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carbon Revolution Public is a good investment. Please check the relationship between Carbon Revolution Capital Lease Obligations and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carbon Revolution Public. 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 Total Current Assets

Capital Lease Obligations vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carbon Revolution Public Capital Lease Obligations account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Carbon Revolution's Capital Lease Obligations and Total Current Assets is 0.26. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Carbon Revolution Public, assuming nothing else is changed. The correlation between historical values of Carbon Revolution's Capital Lease Obligations and Total Current Assets 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 Carbon Revolution Public are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Lease Obligations i.e., Carbon Revolution's Capital Lease Obligations and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Lease Obligations

Carbon Revolution Public capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Carbon Revolution asset purchases. For example, Carbon Revolution can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Carbon Revolution 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Carbon Revolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carbon Revolution Public 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 Carbon Revolution Public. 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 drop to about 13.7 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.28 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense1.2M3.6M4.1M2.2M
Interest Income94K61K54.9K63.7K

Carbon Revolution fundamental ratios Correlations

0.530.1-0.80.260.710.610.480.02-0.91-0.160.85-0.160.97-0.930.930.54-0.87-0.94-0.430.630.350.470.8-0.65-0.41
0.530.82-0.04-0.680.880.870.91-0.74-0.71-0.330.32-0.330.6-0.680.691.0-0.87-0.670.41-0.10.98-0.220.84-0.79-0.15
0.10.820.42-0.880.550.610.58-0.98-0.410.12-0.260.120.12-0.360.220.83-0.56-0.40.84-0.640.92-0.180.5-0.760.4
-0.8-0.040.42-0.66-0.24-0.07-0.12-0.530.50.18-0.880.18-0.730.56-0.62-0.040.480.610.79-0.860.16-0.45-0.330.140.61
0.26-0.68-0.88-0.66-0.37-0.44-0.580.90.040.130.420.130.18-0.020.05-0.670.26-0.01-0.880.72-0.810.59-0.250.39-0.27
0.710.880.55-0.24-0.370.970.86-0.45-0.84-0.460.57-0.460.81-0.80.890.88-0.89-0.740.060.230.79-0.070.98-0.72-0.33
0.610.870.61-0.07-0.440.970.82-0.55-0.82-0.390.44-0.390.73-0.780.820.88-0.81-0.680.170.110.8-0.050.96-0.74-0.19
0.480.910.58-0.12-0.580.860.82-0.5-0.57-0.680.49-0.680.61-0.550.70.89-0.77-0.50.170.130.85-0.460.78-0.5-0.5
0.02-0.74-0.98-0.530.9-0.45-0.55-0.50.33-0.170.37-0.17-0.010.28-0.11-0.760.450.3-0.890.71-0.860.18-0.420.7-0.49
-0.91-0.71-0.410.50.04-0.84-0.82-0.570.330.08-0.640.08-0.921.0-0.92-0.730.920.960.1-0.35-0.58-0.45-0.930.850.15
-0.16-0.330.120.180.13-0.46-0.39-0.68-0.170.08-0.561.0-0.350.07-0.42-0.280.21-0.040.33-0.49-0.220.68-0.34-0.250.87
0.850.32-0.26-0.880.420.570.440.490.37-0.64-0.56-0.560.89-0.670.850.31-0.63-0.63-0.730.90.110.170.61-0.2-0.81
-0.16-0.330.120.180.13-0.46-0.39-0.68-0.170.081.0-0.56-0.350.07-0.42-0.280.21-0.040.33-0.49-0.220.68-0.34-0.250.87
0.970.60.12-0.730.180.810.730.61-0.01-0.92-0.350.89-0.35-0.930.990.6-0.87-0.88-0.430.670.410.330.88-0.61-0.51
-0.93-0.68-0.360.56-0.02-0.8-0.78-0.550.281.00.07-0.670.07-0.93-0.92-0.70.910.960.16-0.4-0.54-0.49-0.910.830.18
0.930.690.22-0.620.050.890.820.7-0.11-0.92-0.420.85-0.420.99-0.920.69-0.89-0.86-0.330.590.520.230.94-0.64-0.5
0.541.00.83-0.04-0.670.880.880.89-0.76-0.73-0.280.31-0.280.6-0.70.69-0.88-0.70.42-0.120.98-0.170.85-0.82-0.11
-0.87-0.87-0.560.480.26-0.89-0.81-0.770.450.920.21-0.630.21-0.870.91-0.89-0.880.94-0.03-0.25-0.77-0.18-0.910.850.26
-0.94-0.67-0.40.61-0.01-0.74-0.68-0.50.30.96-0.04-0.63-0.04-0.880.96-0.86-0.70.940.11-0.33-0.56-0.51-0.830.870.12
-0.430.410.840.79-0.880.060.170.17-0.890.10.33-0.730.33-0.430.16-0.330.42-0.030.11-0.950.59-0.29-0.01-0.380.69
0.63-0.1-0.64-0.860.720.230.110.130.71-0.35-0.490.9-0.490.67-0.40.59-0.12-0.25-0.33-0.95-0.320.240.290.16-0.8
0.350.980.920.16-0.810.790.80.85-0.86-0.58-0.220.11-0.220.41-0.540.520.98-0.77-0.560.59-0.32-0.280.73-0.770.02
0.47-0.22-0.18-0.450.59-0.07-0.05-0.460.18-0.450.680.170.680.33-0.490.23-0.17-0.18-0.51-0.290.24-0.280.13-0.390.37
0.80.840.5-0.33-0.250.980.960.78-0.42-0.93-0.340.61-0.340.88-0.910.940.85-0.91-0.83-0.010.290.730.13-0.79-0.27
-0.65-0.79-0.760.140.39-0.72-0.74-0.50.70.85-0.25-0.2-0.25-0.610.83-0.64-0.820.850.87-0.380.16-0.77-0.39-0.79-0.28
-0.41-0.150.40.61-0.27-0.33-0.19-0.5-0.490.150.87-0.810.87-0.510.18-0.5-0.110.260.120.69-0.80.020.37-0.27-0.28
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Carbon Revolution Account Relationship Matchups

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