DIAMINES Total Current Liabilities vs Selling General Administrative Analysis
DIAMINESQ | 528.85 14.30 2.78% |
DIAMINES AND financial indicator trend analysis is much more than just examining DIAMINES AND CHEMICALS latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIAMINES AND CHEMICALS is a good investment. Please check the relationship between DIAMINES AND Total Current Liabilities and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIAMINES AND CHEMICALS. 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.
Total Current Liabilities vs Selling General Administrative
Total Current Liabilities vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIAMINES AND CHEMICALS Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between DIAMINES AND's Total Current Liabilities and Selling General Administrative is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of DIAMINES AND CHEMICALS, assuming nothing else is changed. The correlation between historical values of DIAMINES AND's Total Current Liabilities and Selling General Administrative 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 DIAMINES AND CHEMICALS are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., DIAMINES AND's Total Current Liabilities and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on DIAMINES AND balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DIAMINES AND CHEMICALS 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.Selling General Administrative
Most indicators from DIAMINES AND's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIAMINES AND CHEMICALS 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 DIAMINES AND CHEMICALS. 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. As of December 15, 2024, Selling General Administrative is expected to decline to about 22.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 384.1M | 827.6M | 531.2M | 591.1M | Total Revenue | 658.9M | 1.1B | 1.0B | 904.8M |
DIAMINES AND fundamental ratios Correlations
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DIAMINES AND Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DIAMINES Stock
Balance Sheet is a snapshot of the financial position of DIAMINES AND CHEMICALS at a specified time, usually calculated after every quarter, six months, or one year. DIAMINES AND Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DIAMINES AND 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 DIAMINES currently owns. An asset can also be divided into two categories, current and non-current.