| SNT Stock | | | 11.75 0.25 2.17% |
Sabien Technology financial indicator trend analysis is much more than just breaking down Sabien Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sabien Technology is a good investment. Please check the relationship between Sabien Technology Total Current Assets and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sabien Technology Group. 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.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sabien Technology Total Current Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sabien Technology's Total Current Assets and Total Current Liabilities is -0.19. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Sabien Technology Group, assuming nothing else is changed. The correlation between historical values of Sabien Technology's Total Current Assets 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 Total Current Assets of Sabien Technology Group 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 Total Current Assets i.e., Sabien Technology's Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Current Liabilities
Total Current Liabilities is an item on Sabien 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 Sabien Technology Group 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 Sabien Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sabien 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sabien Technology Group. 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.
At present, Sabien Technology's
Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
Sabien Technology fundamental ratios Correlations
Click cells to compare fundamentals
Sabien Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sabien Technology fundamental ratios Accounts
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Other Information on Investing in Sabien Stock
Balance Sheet is a snapshot of the
financial position of Sabien Technology at a specified time, usually calculated after every quarter, six months, or one year. Sabien Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sabien 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 Sabien currently owns. An asset can also be divided into two categories, current and non-current.