SKGRU Other Current Liab vs Cash And Short Term Investments Analysis
SKGRU Stock | USD 11.67 0.00 0.00% |
SK Growth financial indicator trend analysis is much more than just breaking down SK Growth Opportunities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SK Growth Opportunities is a good investment. Please check the relationship between SK Growth Other Current Liab and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Other Current Liab vs Cash And Short Term Investments
Other Current Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SK Growth Opportunities Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between SK Growth's Other Current Liab and Cash And Short Term Investments is -0.96. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of SK Growth Opportunities, assuming nothing else is changed. The correlation between historical values of SK Growth's Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of SK Growth Opportunities are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., SK Growth's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Liab
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of SK Growth Opportunities balance sheet. This account contains SK Growth investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SK Growth Opportunities fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from SK Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SK Growth Opportunities 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to gain to about 2.6 M in 2025, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2025.
SK Growth fundamental ratios Correlations
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SK Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for SKGRU Stock Analysis
When running SK Growth's price analysis, check to measure SK Growth'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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.