Solid Accounts Payable vs Long Term Debt Analysis

SLDPW Stock  USD 0.12  0.01  9.09%   
Solid Power financial indicator trend analysis is much more than just breaking down Solid Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Power is a good investment. Please check the relationship between Solid Power Accounts Payable and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid Power's Accounts Payable and Long Term Debt is -0.92. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Solid Power, assuming nothing else is changed. The correlation between historical values of Solid Power's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Solid Power are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Solid Power's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Solid Power obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Solid Power are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that Solid Power has held for over one year. Long-term debt appears on Solid Power balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Solid Power balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Solid Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Power 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, which includes a position in Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.Selling General Administrative is likely to climb to about 27.5 M in 2024, despite the fact that Tax Provision is likely to grow to (148.2 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.4M5.9M12.7M13.4M
Interest Income56K4.7M15.4M16.2M

Solid Power fundamental ratios Correlations

0.010.850.911.00.780.62-0.6-0.250.930.610.740.96-0.980.910.910.240.80.940.951.00.77-0.890.92-0.630.75
0.010.290.410.030.50.510.78-0.310.34-0.770.530.02-0.07-0.380.420.09-0.590.04-0.280.030.46-0.14-0.37-0.050.62
0.850.290.860.860.970.52-0.23-0.540.840.240.960.95-0.930.650.880.210.520.890.730.850.98-0.870.65-0.580.8
0.910.410.860.920.890.82-0.24-0.320.990.250.860.86-0.910.691.00.240.490.840.760.910.85-0.850.69-0.570.91
1.00.030.860.920.790.63-0.59-0.260.930.590.750.96-0.980.90.920.240.780.950.941.00.78-0.890.91-0.630.76
0.780.50.970.890.790.64-0.03-0.530.860.041.00.86-0.870.520.90.230.350.80.610.780.99-0.830.52-0.550.86
0.620.510.520.820.630.640.00.030.840.010.60.49-0.590.450.80.270.230.410.490.640.56-0.620.46-0.470.67
-0.60.78-0.23-0.24-0.59-0.030.0-0.16-0.3-1.00.03-0.530.51-0.85-0.23-0.09-0.94-0.53-0.8-0.59-0.040.41-0.850.340.02
-0.25-0.31-0.54-0.32-0.26-0.530.03-0.16-0.260.16-0.56-0.440.4-0.06-0.340.61-0.05-0.39-0.16-0.19-0.580.05-0.06-0.34-0.35
0.930.340.840.990.930.860.84-0.3-0.260.310.820.86-0.920.740.990.240.550.830.80.930.82-0.850.74-0.580.87
0.61-0.770.240.250.590.040.01-1.00.160.31-0.020.53-0.520.860.240.090.940.540.80.590.05-0.420.85-0.34-0.01
0.740.530.960.860.751.00.60.03-0.560.82-0.020.83-0.830.460.880.220.290.770.550.741.0-0.80.46-0.530.85
0.960.020.950.860.960.860.49-0.53-0.440.860.530.83-0.990.850.870.170.760.960.910.940.87-0.880.86-0.580.71
-0.98-0.07-0.93-0.91-0.98-0.87-0.590.510.4-0.92-0.52-0.83-0.99-0.87-0.91-0.17-0.76-0.94-0.92-0.97-0.860.88-0.870.58-0.74
0.91-0.380.650.690.90.520.45-0.85-0.060.740.860.460.85-0.870.680.180.970.80.990.90.5-0.761.0-0.560.41
0.910.420.881.00.920.90.8-0.23-0.340.990.240.880.87-0.910.680.240.490.860.750.920.87-0.850.68-0.580.92
0.240.090.210.240.240.230.27-0.090.610.240.090.220.17-0.170.180.240.090.240.160.330.21-0.610.18-0.90.32
0.8-0.590.520.490.780.350.23-0.94-0.050.550.940.290.76-0.760.970.490.090.710.940.770.35-0.620.97-0.440.2
0.940.040.890.840.950.80.41-0.53-0.390.830.540.770.96-0.940.80.860.240.710.860.940.81-0.850.81-0.60.79
0.95-0.280.730.760.940.610.49-0.8-0.160.80.80.550.91-0.920.990.750.160.940.860.940.6-0.790.99-0.550.51
1.00.030.850.911.00.780.64-0.59-0.190.930.590.740.94-0.970.90.920.330.770.940.940.76-0.920.9-0.690.77
0.770.460.980.850.780.990.56-0.04-0.580.820.051.00.87-0.860.50.870.210.350.810.60.76-0.820.51-0.540.83
-0.89-0.14-0.87-0.85-0.89-0.83-0.620.410.05-0.85-0.42-0.8-0.880.88-0.76-0.85-0.61-0.62-0.85-0.79-0.92-0.82-0.760.89-0.76
0.92-0.370.650.690.910.520.46-0.85-0.060.740.850.460.86-0.871.00.680.180.970.810.990.90.51-0.76-0.560.42
-0.63-0.05-0.58-0.57-0.63-0.55-0.470.34-0.34-0.58-0.34-0.53-0.580.58-0.56-0.58-0.9-0.44-0.6-0.55-0.69-0.540.89-0.56-0.54
0.750.620.80.910.760.860.670.02-0.350.87-0.010.850.71-0.740.410.920.320.20.790.510.770.83-0.760.42-0.54
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Solid Power Account Relationship Matchups

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