0NIF Stock | | | 12.76 0.55 4.13% |
SMA Solar financial indicator trend analysis is much more than just breaking down SMA Solar Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SMA Solar Technology is a good investment. Please check the relationship between SMA Solar Short Long Term Debt Total and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in SMA Solar Technology. 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.
Short Long Term Debt Total vs Long Term Debt
Short Long Term Debt Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SMA Solar Technology Short Long Term Debt Total account and
Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between SMA Solar's Short Long Term Debt Total and Long Term Debt is 0.09. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of SMA Solar Technology, assuming nothing else is changed. The correlation between historical values of SMA Solar's Short Long Term Debt Total and Long Term 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 Short Long Term Debt Total of SMA Solar Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Long Term Debt Total i.e., SMA Solar's Short Long Term Debt Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Long Term Debt
Long-term debt is a debt that SMA Solar Technology has held for over one year. Long-term debt appears on SMA Solar Technology 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 SMA Solar Technology 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.
Most indicators from SMA Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SMA Solar Technology 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 SMA Solar Technology. 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.
Tax Provision is likely to gain to about (736.2
K) in 2024.
Selling General Administrative is likely to drop to about 127.3
M in 2024
SMA Solar fundamental ratios Correlations
Click cells to compare fundamentals
SMA Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SMA Solar fundamental ratios Accounts
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