CICT Long Term Debt vs Non Current Liabilities Other Analysis
688387 Stock | 6.27 0.11 1.79% |
CICT Mobile financial indicator trend analysis is way more than just evaluating CICT Mobile Communication prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CICT Mobile Communication is a good investment. Please check the relationship between CICT Mobile Long Term Debt and its Non Current Liabilities Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CICT Mobile Communication. 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.
Long Term Debt vs Non Current Liabilities Other
Long Term Debt vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CICT Mobile Communication Long Term Debt account and Non Current Liabilities Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CICT Mobile's Long Term Debt and Non Current Liabilities Other is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of CICT Mobile Communication, assuming nothing else is changed. The correlation between historical values of CICT Mobile's Long Term Debt and Non Current Liabilities Other 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 CICT Mobile Communication are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Long Term Debt i.e., CICT Mobile's Long Term Debt and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that CICT Mobile Communication has held for over one year. Long-term debt appears on CICT Mobile Communication 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 CICT Mobile Communication 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.Non Current Liabilities Other
Most indicators from CICT Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CICT Mobile Communication 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 CICT Mobile Communication. 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 438.6 M, whereas Tax Provision is forecasted to decline to about 7.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 122.4M | 61.6M | 56.9M | 81.7M | Interest Income | 22.2M | 27.2M | 49.2M | 32.4M |
CICT Mobile fundamental ratios Correlations
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CICT Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in CICT Stock
Balance Sheet is a snapshot of the financial position of CICT Mobile Communication at a specified time, usually calculated after every quarter, six months, or one year. CICT Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CICT Mobile 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 CICT currently owns. An asset can also be divided into two categories, current and non-current.