Denali Payables Turnover vs Current Ratio Analysis

DECAU Stock  USD 11.79  0.00  0.00%   
Denali Capital financial indicator trend analysis is much more than just examining Denali Capital Acqui latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Denali Capital Acqui is a good investment. Please check the relationship between Denali Capital Payables Turnover and its Current Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denali Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Payables Turnover vs Current Ratio

Payables Turnover vs Current Ratio Correlation Analysis

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

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.
Most indicators from Denali Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Denali Capital Acqui 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denali Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Enterprise Value is likely to gain to about 117.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.6 M in 2024.
 2010 2023 2024 (projected)
Interest Income1.2M3.8M2.8M
Net Interest Income1.2M3.8M2.8M

Denali Capital fundamental ratios Correlations

-1.0-0.981.0-1.00.99-0.981.01.01.01.00.850.921.0-0.991.01.01.01.01.00.92-0.97-0.970.920.92
-1.00.96-0.991.0-1.00.97-1.0-1.0-1.0-1.0-0.88-0.94-1.00.97-1.0-1.0-1.0-1.0-1.0-0.940.950.95-0.94-0.94
-0.980.96-0.990.96-0.951.0-0.96-0.98-0.98-0.96-0.72-0.81-0.961.0-0.98-0.96-0.98-0.97-0.98-0.811.01.0-0.81-0.81
1.0-0.99-0.99-0.990.99-0.990.991.01.00.990.820.90.99-0.991.00.991.01.01.00.9-0.98-0.980.90.9
-1.01.00.96-0.99-1.00.96-1.0-1.0-1.0-1.0-0.89-0.95-1.00.97-0.99-1.0-1.0-1.0-1.0-0.950.950.95-0.95-0.95
0.99-1.0-0.950.99-1.0-0.951.00.990.991.00.90.951.0-0.960.991.00.991.00.990.95-0.94-0.940.950.95
-0.980.971.0-0.990.96-0.95-0.96-0.98-0.98-0.96-0.73-0.82-0.971.0-0.99-0.96-0.98-0.97-0.98-0.821.01.0-0.82-0.82
1.0-1.0-0.960.99-1.01.0-0.961.01.01.00.890.941.0-0.970.991.01.01.01.00.94-0.95-0.950.940.94
1.0-1.0-0.981.0-1.00.99-0.981.01.01.00.850.921.0-0.991.01.01.01.01.00.92-0.97-0.970.920.92
1.0-1.0-0.981.0-1.00.99-0.981.01.01.00.850.921.0-0.991.01.01.01.01.00.92-0.97-0.970.920.92
1.0-1.0-0.960.99-1.01.0-0.961.01.01.00.890.941.0-0.970.991.01.01.01.00.94-0.95-0.950.940.94
0.85-0.88-0.720.82-0.890.9-0.730.890.850.850.890.990.88-0.750.830.880.850.870.850.99-0.7-0.70.990.99
0.92-0.94-0.810.9-0.950.95-0.820.940.920.920.940.990.94-0.840.90.940.920.930.921.0-0.8-0.81.01.0
1.0-1.0-0.960.99-1.01.0-0.971.01.01.01.00.880.94-0.970.991.01.01.01.00.94-0.95-0.950.940.94
-0.990.971.0-0.990.97-0.961.0-0.97-0.99-0.99-0.97-0.75-0.84-0.97-0.99-0.97-0.99-0.98-0.99-0.841.01.0-0.84-0.84
1.0-1.0-0.981.0-0.990.99-0.990.991.01.00.990.830.90.99-0.990.991.01.01.00.9-0.98-0.980.90.9
1.0-1.0-0.960.99-1.01.0-0.961.01.01.01.00.880.941.0-0.970.991.01.01.00.94-0.95-0.950.940.94
1.0-1.0-0.981.0-1.00.99-0.981.01.01.01.00.850.921.0-0.991.01.01.01.00.92-0.97-0.970.920.92
1.0-1.0-0.971.0-1.01.0-0.971.01.01.01.00.870.931.0-0.981.01.01.01.00.93-0.96-0.960.930.93
1.0-1.0-0.981.0-1.00.99-0.981.01.01.01.00.850.921.0-0.991.01.01.01.00.92-0.97-0.970.920.92
0.92-0.94-0.810.9-0.950.95-0.820.940.920.920.940.991.00.94-0.840.90.940.920.930.92-0.8-0.81.01.0
-0.970.951.0-0.980.95-0.941.0-0.95-0.97-0.97-0.95-0.7-0.8-0.951.0-0.98-0.95-0.97-0.96-0.97-0.81.0-0.8-0.8
-0.970.951.0-0.980.95-0.941.0-0.95-0.97-0.97-0.95-0.7-0.8-0.951.0-0.98-0.95-0.97-0.96-0.97-0.81.0-0.8-0.8
0.92-0.94-0.810.9-0.950.95-0.820.940.920.920.940.991.00.94-0.840.90.940.920.930.921.0-0.8-0.81.0
0.92-0.94-0.810.9-0.950.95-0.820.940.920.920.940.991.00.94-0.840.90.940.920.930.921.0-0.8-0.81.0
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Denali Capital Account Relationship Matchups

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