Cactus Total Current Liabilities vs Other Current Liab Analysis
| CCTS Stock | USD 11.39 0.00 0.00% |
Cactus Acquisition financial indicator trend analysis is way more than just evaluating Cactus Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cactus Acquisition Corp is a good investment. Please check the relationship between Cactus Acquisition Total Current Liabilities and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cactus Acquisition Corp Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cactus Acquisition's Total Current Liabilities and Other Current Liab is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Cactus Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cactus Acquisition's Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Cactus Acquisition Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Cactus Acquisition's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Cactus Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cactus Acquisition Corp 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.Other Current Liab
Most indicators from Cactus Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cactus Acquisition Corp 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 Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Enterprise Value Over EBITDA is likely to drop to 48.92 in 2024. Enterprise Value Multiple is likely to drop to 48.92 in 2024
| 2010 | 2023 | 2024 (projected) | Interest Income | 1.9M | 3.5M | 2.9M | Net Interest Income | 1.9M | 3.5M | 2.9M |
Cactus Acquisition fundamental ratios Correlations
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Cactus Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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