| VNP Stock | | | CAD 6.60 0.09 1.35% |
5N Plus financial indicator trend analysis is way more than just evaluating 5N Plus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 5N Plus is a good investment. Please check the relationship between 5N Plus Accounts Payable and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in 5N Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
5N Plus Accounts Payable account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between 5N Plus' Accounts Payable and Total Stockholder Equity is 0.72. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of 5N Plus, assuming nothing else is changed. The correlation between historical values of 5N Plus' Accounts Payable and Total Stockholder Equity 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 5N Plus are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., 5N Plus' Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents 5N Plus 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 5N Plus 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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from 5N Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 5N Plus 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 5N Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, 5N Plus'
Tax Provision is very stable compared to the past year. As of the 1st of March 2025,
Enterprise Value is likely to grow to about 614.9
M, while
Selling General Administrative is likely to drop about 24.9
M.
5N Plus fundamental ratios Correlations
Click cells to compare fundamentals
5N Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
5N Plus fundamental ratios Accounts
Other Information on Investing in VNP Stock
Balance Sheet is a snapshot of the
financial position of 5N Plus at a specified time, usually calculated after every quarter, six months, or one year. 5N Plus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 5N Plus 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 VNP currently owns. An asset can also be divided into two categories, current and non-current.