Independent Cash vs Other Current Liab Analysis
Independent Film financial indicator trend analysis is infinitely more than just investigating Independent Film Dev recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Independent Film Dev is a good investment. Please check the relationship between Independent Film Cash and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Film Development. 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.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Film Dev Cash account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Independent Film's Cash and Other Current Liab is 0.03. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Independent Film Development, assuming nothing else is changed. The correlation between historical values of Independent Film's Cash and Other Current 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 Cash of Independent Film Development are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Independent Film's Cash and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Independent Film Dev, which is listed under current asset account on Independent Film Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Independent Film customers. The amounts must be unrestricted with restricted cash listed in a different Independent Film account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Liab
Most indicators from Independent Film's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Independent Film Dev 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 Independent Film Development. 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. As of the 1st of December 2024, Selling General Administrative is likely to grow to about 666.2 K
Independent Film fundamental ratios Correlations
Click cells to compare fundamentals
Independent Film Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Film. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Film listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.56 | Return On Assets (11.44) |
The market value of Independent Film Dev is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Film's value that differs from its market value or its book value, called intrinsic value, which is Independent Film's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Film's market value can be influenced by many factors that don't directly affect Independent Film's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Film's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Film is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Film's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.