Nuburu Current Deferred Revenue vs Accounts Payable Analysis
BURU Stock | 0.47 0.01 2.17% |
Nuburu financial indicator trend analysis is infinitely more than just investigating Nuburu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuburu Inc is a good investment. Please check the relationship between Nuburu Current Deferred Revenue and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuburu Inc Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nuburu's Current Deferred Revenue and Accounts Payable is 0.61. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nuburu Inc, assuming nothing else is changed. The correlation between historical values of Nuburu's Current Deferred Revenue 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 Current Deferred Revenue of Nuburu Inc 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 Current Deferred Revenue i.e., Nuburu's Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Accounts Payable
An accounting item on the balance sheet that represents Nuburu 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 Nuburu Inc 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 Nuburu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuburu Inc 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 Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Sales General And Administrative To Revenue is likely to gain to 6.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 546.9K | 450.5K | 505.9K | 396.4K | Interest Income | 1.2K | 44.0K | 1.6M | 1.7M |
Nuburu fundamental ratios Correlations
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Nuburu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nuburu's price analysis, check to measure Nuburu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuburu is operating at the current time. Most of Nuburu's value examination focuses on studying past and present price action to predict the probability of Nuburu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuburu's price. Additionally, you may evaluate how the addition of Nuburu to your portfolios can decrease your overall portfolio volatility.