Yerbae Net Working Capital vs Accounts Payable Analysis
| YERB-U Stock | 0.10 0.02 16.67% |
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 Net Working Capital and its Accounts Payable 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.
Net Working Capital vs Accounts Payable
Net Working Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yerbae Brands Corp Net Working Capital account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Yerbae Brands' Net Working Capital and Accounts Payable is -0.76. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accounts Payable 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' Net Working Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Yerbae Brands Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Working Capital i.e., Yerbae Brands' Net Working Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.76 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Working Capital
Accounts Payable
An accounting item on the balance sheet that represents Yerbae Brands 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 Yerbae Brands Corp 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.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.