Yerbae Long Term Debt vs Net Debt Analysis
| YERB-U Stock | 0.12 0.02 20.00% |
Yerbae Brands financial indicator trend analysis is more than just analyzing Yerbae Brands Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yerbae Brands Corp is a good investment. Please check the relationship between Yerbae Brands Long Term Debt and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yerbae Brands Corp. 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.
Long Term Debt vs Net Debt
Long Term Debt vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yerbae Brands Corp Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yerbae Brands' Long Term Debt and Net Debt is 0.49. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Yerbae Brands Corp, assuming nothing else is changed. The correlation between historical values of Yerbae Brands' Long Term Debt and Net 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 Long Term Debt of Yerbae Brands Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Yerbae Brands' Long Term Debt and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Yerbae Brands Corp has held for over one year. Long-term debt appears on Yerbae Brands Corp 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 Yerbae Brands Corp 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Yerbae Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yerbae Brands Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yerbae Brands Corp. 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. The current year's Issuance Of Capital Stock is expected to grow to about 8.8 M, whereas Selling General Administrative is forecasted to decline to about 20.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 6.0M | 7.1M | 12.0M | 7.5M | Interest Expense | 175.0K | 1.4M | 659.5K | 505.5K |
Yerbae Brands fundamental ratios Correlations
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Yerbae Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Yerbae Brands Corp at a specified time, usually calculated after every quarter, six months, or one year. Yerbae Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yerbae Brands 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 Yerbae currently owns. An asset can also be divided into two categories, current and non-current.