002162 Stock | | | 3.69 0.01 0.27% |
Everjoy Health financial indicator trend analysis is much more than just examining Everjoy Health Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everjoy Health Group is a good investment. Please check the relationship between Everjoy Health Short Long Term Debt and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health 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 nation.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Everjoy Health Group Short Long Term Debt account and
Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Everjoy Health's Short Long Term Debt and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Everjoy Health Group, assuming nothing else is changed. The correlation between historical values of Everjoy Health's Short Long Term Debt 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 Short Long Term Debt of Everjoy Health Group 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 Short Long Term Debt i.e., Everjoy Health's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Accounts Payable
An accounting item on the balance sheet that represents Everjoy Health 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 Everjoy Health Group 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 Everjoy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everjoy Health Group 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health 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 nation.
The current year's
Selling General Administrative is expected to grow to about 265
M, whereas
Tax Provision is projected to grow to (8.2
M).
Everjoy Health fundamental ratios Correlations
Click cells to compare fundamentals
Everjoy Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everjoy Health fundamental ratios Accounts
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Other Information on Investing in Everjoy Stock
Balance Sheet is a snapshot of the
financial position of Everjoy Health Group at a specified time, usually calculated after every quarter, six months, or one year. Everjoy Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everjoy Health 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 Everjoy currently owns. An asset can also be divided into two categories, current and non-current.