Angel Accounts Payable vs Total Liab Analysis

FINS Stock  USD 12.78  0.05  0.39%   
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Accounts Payable and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel Oak Financial Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Angel Oak's Accounts Payable and Total Liab is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak's Accounts Payable and Total Liab 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 Angel Oak Financial are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Angel Oak's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Angel Oak 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 Angel Oak Financial 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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 Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Angel Oak's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 901.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income20.1M25.9M27.6M21.9M
Net Interest Income16.9M21.0M21.5M18.0M

Angel Oak fundamental ratios Correlations

1.00.590.881.00.820.95-0.31.0-0.860.89-0.960.520.160.53-0.420.810.920.9-0.040.950.371.00.991.00.8
1.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
0.590.630.80.570.480.48-0.830.63-0.260.46-0.37-0.290.710.99-0.380.760.570.4-0.620.320.770.630.520.590.76
0.880.910.80.870.90.82-0.680.91-0.730.74-0.730.120.220.79-0.280.90.910.8-0.50.720.760.910.810.880.9
1.00.990.570.870.810.95-0.260.99-0.850.88-0.970.550.160.5-0.440.80.910.9-0.010.960.340.990.991.00.79
0.820.840.480.90.810.84-0.460.84-0.830.69-0.730.33-0.20.47-0.130.780.950.85-0.390.760.640.840.760.810.78
0.950.940.480.820.950.84-0.190.94-0.850.85-0.940.650.030.42-0.40.730.960.930.020.930.30.940.960.950.72
-0.3-0.36-0.83-0.68-0.26-0.46-0.19-0.360.19-0.280.030.6-0.37-0.9-0.13-0.51-0.39-0.270.89-0.01-0.92-0.36-0.18-0.29-0.52
1.01.00.630.910.990.840.94-0.36-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
-0.86-0.86-0.26-0.73-0.85-0.83-0.850.19-0.86-0.930.86-0.590.31-0.25-0.06-0.49-0.84-0.97-0.06-0.89-0.23-0.86-0.85-0.86-0.48
0.890.890.460.740.880.690.85-0.280.89-0.93-0.860.530.010.44-0.040.480.790.950.090.850.20.890.890.890.47
-0.96-0.94-0.37-0.73-0.97-0.73-0.940.03-0.940.86-0.86-0.72-0.03-0.290.44-0.69-0.85-0.88-0.22-1.0-0.12-0.94-0.98-0.96-0.67
0.520.47-0.290.120.550.330.650.60.47-0.590.53-0.72-0.34-0.38-0.290.120.470.590.720.73-0.490.470.620.530.1
0.160.170.710.220.16-0.20.03-0.370.170.310.01-0.03-0.340.66-0.610.36-0.01-0.15-0.21-0.050.240.170.150.150.36
0.530.580.990.790.50.470.42-0.90.58-0.250.44-0.29-0.380.66-0.240.690.530.38-0.70.240.820.580.440.520.7
-0.42-0.38-0.38-0.28-0.44-0.13-0.4-0.13-0.38-0.06-0.040.44-0.29-0.61-0.24-0.62-0.3-0.06-0.12-0.39-0.03-0.38-0.45-0.41-0.62
0.810.820.760.90.80.780.73-0.510.82-0.490.48-0.690.120.360.69-0.620.80.57-0.450.670.690.820.740.81.0
0.920.930.570.910.910.950.96-0.390.93-0.840.79-0.850.47-0.010.53-0.30.80.92-0.240.850.520.930.890.910.8
0.90.910.40.80.90.850.93-0.270.91-0.970.95-0.880.59-0.150.38-0.060.570.920.00.890.30.910.90.910.56
-0.04-0.1-0.62-0.5-0.01-0.390.020.89-0.1-0.060.09-0.220.72-0.21-0.7-0.12-0.45-0.240.00.21-0.94-0.10.1-0.03-0.47
0.950.930.320.720.960.760.93-0.010.93-0.890.85-1.00.73-0.050.24-0.390.670.850.890.210.120.930.970.950.66
0.370.420.770.760.340.640.3-0.920.42-0.230.2-0.12-0.490.240.82-0.030.690.520.3-0.940.120.420.240.360.71
1.01.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.420.981.00.81
0.990.980.520.810.990.760.96-0.180.98-0.850.89-0.980.620.150.44-0.450.740.890.90.10.970.240.980.990.73
1.01.00.590.881.00.810.95-0.291.0-0.860.89-0.960.530.150.52-0.410.80.910.91-0.030.950.361.00.990.79
0.80.810.760.90.790.780.72-0.520.81-0.480.47-0.670.10.360.7-0.621.00.80.56-0.470.660.710.810.730.79
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Angel Oak Account Relationship Matchups

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