Dividend Accounts Payable vs Cash And Short Term Investments Analysis
| DS Stock | CAD 6.92 0.02 0.29% |
Dividend Select financial indicator trend analysis is much more than just examining Dividend Select 15 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend Select 15 is a good investment. Please check the relationship between Dividend Select Accounts Payable and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Select 15. 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.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Select 15 Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dividend Select's Accounts Payable and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Dividend Select 15, assuming nothing else is changed. The correlation between historical values of Dividend Select's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Dividend Select 15 are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Dividend Select's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Dividend Select 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 Dividend Select 15 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dividend Select 15 balance sheet. This account contains Dividend Select investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dividend Select 15 fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Dividend Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend Select 15 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 Dividend Select 15. 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. At this time, Dividend Select's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value is likely to grow to about 69.6 M, while Issuance Of Capital Stock is likely to drop about 2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 694.2K | 726.4K | 835.3K | 749.6K | Research Development | 0.27 | 0.38 | 0.34 | 0.32 |
Dividend Select fundamental ratios Correlations
Click cells to compare fundamentals
Dividend Select Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dividend Select fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 41.4M | 46.4M | 60.6M | 53.9M | 48.5M | 54.7M | |
| Other Current Liab | (317.0K) | (485.5K) | (1.9M) | (401.4K) | (461.6K) | (484.6K) | |
| Total Current Liabilities | 317.0K | 485.5K | 1.9M | 401.4K | 361.2K | 343.2K | |
| Total Stockholder Equity | 40.8M | 45.7M | 58.5M | 53.2M | 47.9M | 53.6M | |
| Net Debt | (3.1M) | (1.0M) | (8.2M) | (5.5M) | (6.3M) | (6.7M) | |
| Accounts Payable | 317.0K | 485.5K | 1.9M | 401.4K | 361.2K | 343.2K | |
| Cash | 3.1M | 1.0M | 8.2M | 5.5M | 5.0M | 4.2M | |
| Non Current Assets Total | 38.1M | 45.2M | 52.2M | 48.2M | 43.3M | 50.3M | |
| Non Currrent Assets Other | (38.1M) | (45.2M) | (52.2M) | (48.2M) | (55.4M) | (58.2M) | |
| Cash And Short Term Investments | 3.1M | 1.0M | 8.2M | 5.5M | 5.0M | 4.2M | |
| Net Receivables | 207.1K | 117.3K | 174.8K | 174.1K | 156.6K | 222.5K | |
| Common Stock Shares Outstanding | 8.4M | 6.7M | 6.1M | 8.4M | 7.6M | 6.6M | |
| Liabilities And Stockholders Equity | 41.4M | 46.4M | 60.6M | 53.9M | 48.5M | 54.7M | |
| Other Stockholder Equity | 40.8M | 45.7M | 58.5M | 53.2M | 61.1M | 51.8M | |
| Total Liab | 317.0K | 485.5K | 2.2M | 680.5K | 612.5K | 1.1M | |
| Total Current Assets | 3.3M | 1.1M | 8.4M | 5.7M | 5.1M | 4.4M | |
| Long Term Investments | 38.1M | 45.2M | 52.2M | 48.2M | 43.3M | 45.5M | |
| Short Term Investments | 38.1M | 45.2M | 52.2M | 48.2M | 55.4M | 52.5M | |
| Non Current Liabilities Total | 628.2K | 628.9K | 1.9M | 680.5K | 782.6K | 971.2K | |
| Inventory | 41.4M | 46.4M | 60.6M | 53.9M | 61.9M | 57.4M | |
| Other Current Assets | (41.4M) | (46.4M) | (60.6M) | (53.9M) | (48.5M) | (50.9M) |
Pair Trading with Dividend Select
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dividend Select position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dividend Select will appreciate offsetting losses from the drop in the long position's value.Moving together with Dividend Stock
Moving against Dividend Stock
The ability to find closely correlated positions to Dividend Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Select when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dividend Select - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dividend Select 15 to buy it.
The correlation of Dividend Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dividend Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Select 15 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dividend Select can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Dividend Stock
Balance Sheet is a snapshot of the financial position of Dividend Select 15 at a specified time, usually calculated after every quarter, six months, or one year. Dividend Select Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend Select 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 Dividend currently owns. An asset can also be divided into two categories, current and non-current.