Everdisplay Long Term Debt vs Non Current Assets Total Analysis
688538 Stock | 2.68 0.01 0.37% |
Everdisplay Optronics financial indicator trend analysis is much more than just examining Everdisplay Optronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everdisplay Optronics is a good investment. Please check the relationship between Everdisplay Optronics Long Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everdisplay Optronics Shanghai. 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 Assets Total
Long Term Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everdisplay Optronics Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Everdisplay Optronics' Long Term Debt and Non Current Assets Total is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Everdisplay Optronics Shanghai, assuming nothing else is changed. The correlation between historical values of Everdisplay Optronics' Long Term Debt and Non Current Assets Total 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 Everdisplay Optronics Shanghai are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Everdisplay Optronics' Long Term Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Everdisplay Optronics has held for over one year. Long-term debt appears on Everdisplay Optronics Shanghai 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 Everdisplay Optronics Shanghai 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 Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Everdisplay Optronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everdisplay Optronics 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 Everdisplay Optronics Shanghai. 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. As of December 12, 2024, Selling General Administrative is expected to decline to about 50 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 169.6M | 310.1M | 523.8M | 298.3M | Interest Income | 26.3M | 13.2M | 6.2M | 5.9M |
Everdisplay Optronics fundamental ratios Correlations
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Everdisplay Optronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Everdisplay Stock
Balance Sheet is a snapshot of the financial position of Everdisplay Optronics at a specified time, usually calculated after every quarter, six months, or one year. Everdisplay Optronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everdisplay Optronics 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 Everdisplay currently owns. An asset can also be divided into two categories, current and non-current.