Creative Inventory vs Total Stockholder Equity Analysis
Creative Edge financial indicator trend analysis is way more than just evaluating Creative Edge Nutrit prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Edge Nutrit is a good investment. Please check the relationship between Creative Edge Inventory and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Creative Edge Nutrit. 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.
Inventory vs Total Stockholder Equity
Inventory vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Edge Nutrit Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Creative Edge's Inventory and Total Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Creative Edge Nutrit, assuming nothing else is changed. The correlation between historical values of Creative Edge's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Creative Edge Nutrit are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Creative Edge's Inventory and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Creative Edge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Edge Nutrit 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 Creative Edge Nutrit. 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. Enterprise Value is likely to rise to about 15.4 M in 2024, whereas Discontinued Operations is likely to drop 4,650 in 2024.
2013 | 2014 | 2023 | 2024 (projected) | Gross Profit | 470.2K | 18.7K | 21.5K | 20.4K | Total Revenue | 834.6K | 92.3K | 106.1K | 100.8K |
Creative Edge fundamental ratios Correlations
Click cells to compare fundamentals
Creative Edge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Creative Edge's price analysis, check to measure Creative Edge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Creative Edge is operating at the current time. Most of Creative Edge's value examination focuses on studying past and present price action to predict the probability of Creative Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Edge's price. Additionally, you may evaluate how the addition of Creative Edge to your portfolios can decrease your overall portfolio volatility.