Oxford Net Working Capital vs Total Current Liabilities Analysis
| OXH Stock | 7.00 0.00 0.00% |
Oxford Technology financial indicator trend analysis is much more than just breaking down Oxford Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Technology is a good investment. Please check the relationship between Oxford Technology Net Working Capital and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Technology 2. 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.
Net Working Capital vs Total Current Liabilities
Net Working Capital vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Technology Net Working Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Oxford Technology's Net Working Capital and Total Current Liabilities is -0.63. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Oxford Technology 2, assuming nothing else is changed. The correlation between historical values of Oxford Technology's Net Working Capital 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 Net Working Capital of Oxford Technology 2 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 Net Working Capital i.e., Oxford Technology's Net Working Capital and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Working Capital
Total Current Liabilities
Total Current Liabilities is an item on Oxford Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oxford Technology 2 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 Oxford Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxford Technology 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Technology 2. 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. The current year's Selling General Administrative is expected to grow to about 180.6 K
Oxford Technology fundamental ratios Correlations
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Oxford Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Oxford Stock
Balance Sheet is a snapshot of the financial position of Oxford Technology at a specified time, usually calculated after every quarter, six months, or one year. Oxford Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oxford Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Oxford currently owns. An asset can also be divided into two categories, current and non-current.