Twin Long Term Debt vs Total Current Assets Analysis
| VEEE Stock | USD 0.43 0.02 4.44% |
Twin Vee financial indicator trend analysis is much more than just breaking down Twin Vee Powercats prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twin Vee Powercats is a good investment. Please check the relationship between Twin Vee Long Term Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Long Term Debt vs Total Current Assets
Long Term Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twin Vee Powercats Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Twin Vee's Long Term Debt and Total Current Assets is -0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Twin Vee Powercats, assuming nothing else is changed. The correlation between historical values of Twin Vee's Long Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Twin Vee Powercats are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., Twin Vee's Long Term Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Twin Vee Powercats has held for over one year. Long-term debt appears on Twin Vee Powercats 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 Twin Vee Powercats 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.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.Most indicators from Twin Vee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twin Vee Powercats 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 Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current year's Issuance Of Capital Stock is expected to grow to about 13.6 M, whereas Selling General Administrative is forecasted to decline to about 10.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 136.7K | 164.2K | 221.2K | 190.5K | Depreciation And Amortization | 198.5K | 553.8K | 1.4M | 1.4M |
Twin Vee fundamental ratios Correlations
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Twin Vee 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.When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Apparel, Accessories & Luxury Goods 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 Twin Vee. If investors know Twin 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 Twin Vee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.678 | Earnings Share (1.05) | Revenue Per Share 2.734 | Quarterly Revenue Growth (0.47) | Return On Assets (0.19) |
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee'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 Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee'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 Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee'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.