Chardan Long Term Debt vs Capital Stock Analysis

DFLIW Stock  USD 0.02  0  5.56%   
Chardan NexTech financial indicator trend analysis is way more than just evaluating Chardan NexTech Acqu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chardan NexTech Acqu is a good investment. Please check the relationship between Chardan NexTech Long Term Debt and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chardan NexTech Acqu Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Chardan NexTech's Long Term Debt and Capital Stock is -0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Chardan NexTech Acquisition, assuming nothing else is changed. The correlation between historical values of Chardan NexTech's Long Term Debt and Capital Stock 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 Chardan NexTech Acquisition are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt i.e., Chardan NexTech's Long Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Chardan NexTech Acqu has held for over one year. Long-term debt appears on Chardan NexTech Acquisition 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 Chardan NexTech Acquisition 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Chardan NexTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chardan NexTech Acqu 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Sales General And Administrative To Revenue is likely to climb to 0.43 in 2024, whereas Tax Provision is likely to drop slightly above 755.8 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit29.6M24.0M15.4M17.9M
Total Revenue78M86.3M64.4M75.9M

Chardan NexTech fundamental ratios Correlations

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Chardan NexTech Account Relationship Matchups

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When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.