State Gas financial indicator trend analysis is much more than just breaking down State Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Gas is a good investment. Please check the relationship between State Gas Short Long Term Debt and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in State Gas. 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.
Short Long Term Debt vs Total Current Liabilities
Short Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
State Gas Short Long Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between State Gas' Short Long Term Debt and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of State Gas, assuming nothing else is changed. The correlation between historical values of State Gas' Short Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of State Gas are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt i.e., State Gas' Short Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Total Current Liabilities
Total Current Liabilities is an item on State Gas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of State Gas 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.
Most indicators from State Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Gas 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in State Gas. 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.
Selling General Administrative is likely to gain to about 3.6
M in 2024.
Issuance Of Capital Stock is likely to gain to about 8.2
M in 2024
State Gas fundamental ratios Correlations
Click cells to compare fundamentals
State Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
State Gas fundamental ratios Accounts
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Additional Tools for State Stock Analysis
When running State Gas' price analysis, check to
measure State Gas' 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 State Gas is operating at the current time. Most of State Gas' value examination focuses on studying past and present price action to
predict the probability of State Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Gas' price. Additionally, you may evaluate how the addition of State Gas to your portfolios can decrease your overall portfolio volatility.