ESGL Total Current Liabilities vs Net Debt Analysis

ESGLW Stock

0.02 0.0002 1.11%

ESGL Holdings financial indicator trend analysis is much more than just examining ESGL Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESGL Holdings Limited is a good investment. Please check the relationship between ESGL Holdings Total Current Liabilities and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESGL Holdings Limited Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between ESGL Holdings' Total Current Liabilities and Net Debt is 0.31. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of ESGL Holdings Limited, assuming nothing else is changed. The correlation between historical values of ESGL Holdings' Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of ESGL Holdings Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., ESGL Holdings' Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Liabilities

Total Current Liabilities is an item on ESGL Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ESGL Holdings Limited 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.

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.

Most indicators from ESGL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESGL Holdings Limited 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 ESGL Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Tax Provision is likely to climb to about 139.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.6M	3.2M	4.3M	3.1M
Total Revenue	4.0M	5.0M	6.2M	4.9M

Gross Profit Total Revenue

ESGL Holdings fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Long Term Debt
Total Assets		0.89	0.9	1.0	0.31	-0.71	-0.3	0.93	1.0	-0.25	0.67	0.98	0.9	-0.93	0.93	0.91	1.0	0.51	-0.64	0.65	-0.85	0.96	-0.89
Total Current Liabilities	0.89		0.61	0.87	0.31	-0.88	-0.32	0.94	0.89	-0.23	0.91	0.84	0.75	-0.89	1.0	0.67	0.89	0.53	-0.56	0.79	-0.92	0.94	-0.9
Total Stockholder Equity	0.9	0.61		0.91	0.21	-0.42	-0.2	0.73	0.9	-0.2	0.32	0.92	0.87	-0.77	0.67	0.94	0.9	0.35	-0.57	0.38	-0.61	0.79	-0.71
Property Plant And Equipment Net	1.0	0.87	0.91		0.32	-0.69	-0.32	0.93	1.0	-0.28	0.65	0.99	0.9	-0.93	0.91	0.92	1.0	0.52	-0.66	0.63	-0.84	0.95	-0.88
Net Debt	0.31	0.31	0.21	0.32		0.0	-0.95	0.46	0.34	-0.93	0.03	0.42	-0.1	-0.34	0.34	0.49	0.3	0.86	-0.76	-0.04	-0.26	0.44	-0.05
Retained Earnings	-0.71	-0.88	-0.42	-0.69	0.0		0.1	-0.76	-0.7	0.04	-0.87	-0.65	-0.65	0.83	-0.86	-0.47	-0.72	-0.41	0.45	-0.98	0.94	-0.73	0.94
Accounts Payable	-0.3	-0.32	-0.2	-0.32	-0.95	0.1		-0.51	-0.34	0.99	-0.05	-0.44	0.1	0.44	-0.35	-0.5	-0.3	-0.92	0.84	-0.09	0.34	-0.39	0.12
Cash	0.93	0.94	0.73	0.93	0.46	-0.76	-0.51		0.94	-0.44	0.77	0.93	0.76	-0.96	0.96	0.82	0.93	0.65	-0.71	0.68	-0.88	0.93	-0.85
Non Current Assets Total	1.0	0.89	0.9	1.0	0.34	-0.7	-0.34	0.94		-0.29	0.66	0.99	0.89	-0.93	0.93	0.92	1.0	0.53	-0.66	0.64	-0.85	0.97	-0.88
Net Receivables	-0.25	-0.23	-0.2	-0.28	-0.93	0.04	0.99	-0.44	-0.29		0.06	-0.4	0.15	0.4	-0.26	-0.5	-0.26	-0.91	0.85	-0.05	0.29	-0.33	0.07
Common Stock Shares Outstanding	0.67	0.91	0.32	0.65	0.03	-0.87	-0.05	0.77	0.66	0.06		0.57	0.65	-0.69	0.87	0.33	0.68	0.24	-0.21	0.77	-0.78	0.73	-0.79
Non Current Liabilities Total	0.98	0.84	0.92	0.99	0.42	-0.65	-0.44	0.93	0.99	-0.4	0.57		0.84	-0.94	0.89	0.96	0.98	0.61	-0.75	0.6	-0.83	0.94	-0.84
Capital Lease Obligations	0.9	0.75	0.87	0.9	-0.1	-0.65	0.1	0.76	0.89	0.15	0.65	0.84		-0.78	0.78	0.74	0.9	0.1	-0.29	0.58	-0.69	0.79	-0.84
Inventory	-0.93	-0.89	-0.77	-0.93	-0.34	0.83	0.44	-0.96	-0.93	0.4	-0.69	-0.94	-0.78		-0.92	-0.85	-0.93	-0.65	0.76	-0.8	0.94	-0.89	0.92
Total Liab	0.93	1.0	0.67	0.91	0.34	-0.86	-0.35	0.96	0.93	-0.26	0.87	0.89	0.78	-0.92		0.74	0.93	0.56	-0.6	0.77	-0.92	0.96	-0.91
Net Invested Capital	0.91	0.67	0.94	0.92	0.49	-0.47	-0.5	0.82	0.92	-0.5	0.33	0.96	0.74	-0.85	0.74		0.91	0.65	-0.81	0.45	-0.71	0.85	-0.72
Property Plant And Equipment Gross	1.0	0.89	0.9	1.0	0.3	-0.72	-0.3	0.93	1.0	-0.26	0.68	0.98	0.9	-0.93	0.93	0.91		0.5	-0.64	0.65	-0.85	0.96	-0.89
Short Long Term Debt	0.51	0.53	0.35	0.52	0.86	-0.41	-0.92	0.65	0.53	-0.91	0.24	0.61	0.1	-0.65	0.56	0.65	0.5		-0.96	0.42	-0.64	0.61	-0.43
Total Current Assets	-0.64	-0.56	-0.57	-0.66	-0.76	0.45	0.84	-0.71	-0.66	0.85	-0.21	-0.75	-0.29	0.76	-0.6	-0.81	-0.64	-0.96		-0.47	0.7	-0.67	0.54
Capital Stock	0.65	0.79	0.38	0.63	-0.04	-0.98	-0.09	0.68	0.64	-0.05	0.77	0.6	0.58	-0.8	0.77	0.45	0.65	0.42	-0.47		-0.93	0.66	-0.91
Net Working Capital	-0.85	-0.92	-0.61	-0.84	-0.26	0.94	0.34	-0.88	-0.85	0.29	-0.78	-0.83	-0.69	0.94	-0.92	-0.71	-0.85	-0.64	0.7	-0.93		-0.87	0.96
Intangible Assets	0.96	0.94	0.79	0.95	0.44	-0.73	-0.39	0.93	0.97	-0.33	0.73	0.94	0.79	-0.89	0.96	0.85	0.96	0.61	-0.67	0.66	-0.87		-0.86
Long Term Debt	-0.89	-0.9	-0.71	-0.88	-0.05	0.94	0.12	-0.85	-0.88	0.07	-0.79	-0.84	-0.84	0.92	-0.91	-0.72	-0.89	-0.43	0.54	-0.91	0.96	-0.86

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ESGL Holdings Account Relationship Matchups

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ESGL Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

ESGL Holdings fundamental ratios Correlations

ESGL Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Capital Stock	- 0.98	Retained Earnings
Total Current Assets	- 0.96	Short Long Term Debt
Inventory	- 0.96	Cash
Accounts Payable	- 0.95	Net Debt
Inventory	- 0.94	Non Current Liabilities Total
Net Working Capital	- 0.93	Capital Stock