Condor Short Term Debt vs Long Term Debt Analysis

CDR Stock   1.88  0.06  3.09%   
Condor Energies financial indicator trend analysis is way more than just evaluating Condor Energies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Condor Energies is a good investment. Please check the relationship between Condor Energies Short Term Debt and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Long Term Debt

Short Term Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Condor Energies Short Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Condor Energies' Short Term Debt and Long Term Debt is 0.31. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Condor Energies, assuming nothing else is changed. The correlation between historical values of Condor Energies' Short Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Condor Energies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Debt i.e., Condor Energies' Short Term Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Long Term Debt

Long-term debt is a debt that Condor Energies has held for over one year. Long-term debt appears on Condor Energies 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 Condor Energies 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.
Most indicators from Condor Energies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Condor Energies 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 Condor Energies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 11th of December 2024, Selling General Administrative is likely to grow to about 7.2 M, while Tax Provision is likely to drop (3.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense6K4K708K898.6K
Depreciation And Amortization3.5M1.1M1.6M2.6M

Condor Energies fundamental ratios Correlations

0.570.461.00.74-0.640.920.640.720.970.490.720.11-0.730.310.360.840.460.870.760.880.60.93-0.74-0.790.95
0.570.640.540.36-0.040.360.420.120.550.370.120.22-0.270.020.580.640.540.490.310.520.770.44-0.4-0.360.38
0.460.640.380.370.190.270.38-0.040.380.07-0.040.49-0.260.30.860.420.940.540.490.490.590.29-0.39-0.350.35
1.00.540.380.73-0.690.940.630.760.970.510.760.05-0.740.260.30.850.380.860.730.860.580.94-0.73-0.790.95
0.740.360.370.73-0.20.580.110.250.81-0.190.250.23-0.340.410.320.540.420.440.650.610.230.61-0.5-0.60.72
-0.64-0.040.19-0.69-0.2-0.78-0.59-0.98-0.57-0.67-0.980.210.670.120.28-0.530.24-0.67-0.37-0.48-0.17-0.750.540.55-0.65
0.920.360.270.940.58-0.780.730.820.90.60.820.05-0.860.230.140.710.250.810.750.860.560.94-0.78-0.830.97
0.640.420.380.630.11-0.590.730.640.590.820.640.27-0.70.170.090.510.330.630.720.680.650.59-0.62-0.630.65
0.720.12-0.040.760.25-0.980.820.640.640.71.0-0.15-0.710.01-0.150.6-0.070.770.440.580.260.81-0.58-0.580.72
0.970.550.380.970.81-0.570.90.590.640.420.640.17-0.670.380.260.80.410.730.80.880.580.87-0.7-0.780.95
0.490.370.070.51-0.19-0.670.60.820.70.420.7-0.08-0.61-0.02-0.060.510.030.560.320.540.620.53-0.39-0.380.48
0.720.12-0.040.760.25-0.980.820.641.00.640.7-0.15-0.710.01-0.150.6-0.070.770.440.580.260.81-0.58-0.580.72
0.110.220.490.050.230.210.050.27-0.150.17-0.08-0.150.040.410.05-0.10.53-0.040.510.240.19-0.15-0.18-0.230.13
-0.73-0.27-0.26-0.74-0.340.67-0.86-0.7-0.71-0.67-0.61-0.710.04-0.02-0.16-0.66-0.22-0.72-0.58-0.72-0.63-0.830.590.79-0.78
0.310.020.30.260.410.120.230.170.010.38-0.020.010.41-0.020.140.080.580.120.550.530.190.15-0.17-0.080.41
0.360.580.860.30.320.280.140.09-0.150.26-0.06-0.150.05-0.160.140.40.790.520.190.310.460.27-0.24-0.210.22
0.840.640.420.850.54-0.530.710.510.60.80.510.6-0.1-0.660.080.40.370.780.480.720.70.82-0.59-0.550.7
0.460.540.940.380.420.240.250.33-0.070.410.03-0.070.53-0.220.580.790.370.480.550.580.550.27-0.27-0.270.4
0.870.490.540.860.44-0.670.810.630.770.730.560.77-0.04-0.720.120.520.780.480.540.720.530.87-0.67-0.650.78
0.760.310.490.730.65-0.370.750.720.440.80.320.440.51-0.580.550.190.480.550.540.770.460.58-0.64-0.730.81
0.880.520.490.860.61-0.480.860.680.580.880.540.580.24-0.720.530.310.720.580.720.770.750.83-0.59-0.620.92
0.60.770.590.580.23-0.170.560.650.260.580.620.260.19-0.630.190.460.70.550.530.460.750.58-0.5-0.460.55
0.930.440.290.940.61-0.750.940.590.810.870.530.81-0.15-0.830.150.270.820.270.870.580.830.58-0.71-0.720.91
-0.74-0.4-0.39-0.73-0.50.54-0.78-0.62-0.58-0.7-0.39-0.58-0.180.59-0.17-0.24-0.59-0.27-0.67-0.64-0.59-0.5-0.710.75-0.72
-0.79-0.36-0.35-0.79-0.60.55-0.83-0.63-0.58-0.78-0.38-0.58-0.230.79-0.08-0.21-0.55-0.27-0.65-0.73-0.62-0.46-0.720.75-0.81
0.950.380.350.950.72-0.650.970.650.720.950.480.720.13-0.780.410.220.70.40.780.810.920.550.91-0.72-0.81
Click cells to compare fundamentals

Condor Energies Account Relationship Matchups

Condor Energies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.5M21.5M8.7M10.1M6.8M6.4M
Other Current Liab8.3M2.0M409K1.9M635K603.3K
Total Current Liabilities20.3M2.0M2.1M2.0M2.0M1.9M
Total Stockholder Equity22.8M17.1M5.0M6.3M(2.5M)(2.4M)
Property Plant And Equipment Net15.0M4.9M2.8M5.2M638K606.1K
Net Debt4.0M(12.3M)(4.6M)(3.6M)1.1M1.2M
Retained Earnings(191.6M)(193.6M)(204.9M)(208.0M)(219.4M)(230.4M)
Accounts Payable5.1M1.7M1.7M1.6M680K646K
Cash2.9M12.3M4.6M3.8M5.0M4.8M
Non Current Assets Total18.6M7.9M3.6M5.7M1.2M1.1M
Non Currrent Assets Other4.4M1.6M1.3M283K254.7K242.0K
Cash And Short Term Investments2.9M12.3M4.6M3.8M5.0M4.8M
Net Receivables3.9M394K238K380K90K85.5K
Liabilities And Stockholders Equity45.5M21.5M8.7M10.1M6.8M6.4M
Non Current Liabilities Total2.4M2.4M1.6M1.8M7.3M4.5M
Other Current Assets19.7M723K218K189K387K367.7K
Other Stockholder Equity21.8M22.1M21.4M21.7M24.6M23.3M
Total Liab22.7M4.4M3.7M3.8M9.3M11.4M
Total Current Assets26.8M13.6M5.1M4.4M5.6M5.3M
Inventory342K164K69K84K59K56.1K
Accumulated Other Comprehensive Income(79.5M)(83.3M)(84.6M)(83.9M)(84.4M)(88.6M)
Short Long Term Debt Total9.2M6.9M13K192K6.2M6.1M
Short Term Debt3.8M6.9M13K93K649K616.6K
Capital Surpluse21.8M22.1M21.4M21.7M24.9M23.6M
Property Plant Equipment15.0M4.9M2.8M5.2M4.7M4.5M
Current Deferred Revenue292K119K(1.7M)(1.6M)(1.9M)(2.0M)

Pair Trading with Condor Energies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Condor Energies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Condor Energies will appreciate offsetting losses from the drop in the long position's value.

Moving against Condor Stock

  0.49ARA Aclara ResourcesPairCorr
  0.47RCI-A Rogers CommunicationsPairCorr
The ability to find closely correlated positions to Condor Energies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Condor Energies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Condor Energies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Condor Energies to buy it.
The correlation of Condor Energies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Condor Energies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Condor Energies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Condor Energies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Condor Stock

Balance Sheet is a snapshot of the financial position of Condor Energies at a specified time, usually calculated after every quarter, six months, or one year. Condor Energies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Condor Energies 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 Condor currently owns. An asset can also be divided into two categories, current and non-current.