| 300195 Stock | | | 5.93 0.41 6.47% |
Masterwork Machinery financial indicator trend analysis is infinitely more than just investigating Masterwork Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masterwork Machinery is a good investment. Please check the relationship between Masterwork Machinery Accounts Payable and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Masterwork Machinery. 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.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masterwork Machinery Accounts Payable account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Masterwork Machinery's Accounts Payable and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Masterwork Machinery, assuming nothing else is changed. The correlation between historical values of Masterwork Machinery's Accounts Payable and Total Current Liabilities 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 Masterwork Machinery are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Masterwork Machinery's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Masterwork Machinery 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 Masterwork Machinery 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 Current Liabilities
Total Current Liabilities is an item on Masterwork Machinery balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Masterwork Machinery are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Masterwork Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masterwork Machinery 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 Masterwork Machinery. 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 155
M. The current year's
Tax Provision is expected to grow to about 12.6
MMasterwork Machinery fundamental ratios Correlations
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Masterwork Machinery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Masterwork Machinery fundamental ratios Accounts
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Other Information on Investing in Masterwork Stock
Balance Sheet is a snapshot of the
financial position of Masterwork Machinery at a specified time, usually calculated after every quarter, six months, or one year. Masterwork Machinery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Masterwork Machinery 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 Masterwork currently owns. An asset can also be divided into two categories, current and non-current.