Trump Total Current Liabilities vs Accounts Payable Analysis
DJTWW Stock | 20.76 0.16 0.76% |
Trump Media financial indicator trend analysis is much more than just breaking down Trump Media Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trump Media Technology is a good investment. Please check the relationship between Trump Media Total Current Liabilities and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Total Current Liabilities vs Accounts Payable
Total Current Liabilities vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trump Media Technology Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Trump Media's Total Current Liabilities and Accounts Payable is 0.55. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Trump Media Technology, assuming nothing else is changed. The correlation between historical values of Trump Media's Total Current Liabilities 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 Total Current Liabilities of Trump Media Technology 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 Total Current Liabilities i.e., Trump Media's Total Current Liabilities and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Trump Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Trump Media Technology 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.Accounts Payable
An accounting item on the balance sheet that represents Trump Media 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 Trump Media Technology 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 Trump Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trump Media Technology 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 Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Tax Provision is likely to climb to -171 in 2024. Selling General Administrative is likely to drop to about 8.3 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 654.3K | 2.0M | 2.3M | 1.5M | Depreciation And Amortization | 6.5K | 59.1K | 60.4K | 46.2K |
Trump Media fundamental ratios Correlations
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Trump Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Trump Media's price analysis, check to measure Trump Media'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 Trump Media is operating at the current time. Most of Trump Media's value examination focuses on studying past and present price action to predict the probability of Trump Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trump Media's price. Additionally, you may evaluate how the addition of Trump Media to your portfolios can decrease your overall portfolio volatility.