Equus Cash And Equivalents vs Accounts Payable Analysis

EQS Stock  USD 1.17  0.03  2.50%   
Equus Total financial indicator trend analysis is much more than just examining Equus Total Return latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equus Total Return is a good investment. Please check the relationship between Equus Total Cash And Equivalents and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equus Total Return. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Cash And Equivalents vs Accounts Payable

Cash And Equivalents vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equus Total Return Cash And Equivalents account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Equus Total's Cash And Equivalents and Accounts Payable is -0.28. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Equus Total Return, assuming nothing else is changed. The correlation between historical values of Equus Total's Cash And Equivalents 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 Cash And Equivalents of Equus Total Return 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 Cash And Equivalents i.e., Equus Total's Cash And Equivalents and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Equivalents

Accounts Payable

An accounting item on the balance sheet that represents Equus Total 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 Equus Total Return 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 Equus Total's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equus Total Return 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 Equus Total Return. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Equus Total's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 10.78 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.5M3.6M1.2M1.5M
Cost Of Revenue3K17.0M19.5M20.5M

Equus Total fundamental ratios Correlations

0.97-0.260.440.950.990.390.020.84-0.52-0.16-0.16-0.560.7-0.260.99-0.35-0.78-0.340.740.74-0.230.18-0.23-0.520.5
0.97-0.260.430.870.960.460.090.81-0.47-0.16-0.14-0.560.69-0.30.98-0.3-0.71-0.30.730.72-0.250.2-0.24-0.560.57
-0.26-0.26-0.8-0.26-0.280.22-0.220.14-0.55-0.670.27-0.170.490.02-0.250.530.270.140.310.28-0.4-0.210.460.74-0.58
0.440.43-0.80.490.42-0.16-0.010.270.420.3-0.32-0.05-0.170.210.41-0.31-0.31-0.55-0.11-0.030.210.65-0.71-0.770.54
0.950.87-0.260.490.920.34-0.030.84-0.47-0.11-0.31-0.570.63-0.160.89-0.34-0.8-0.390.690.7-0.260.15-0.19-0.480.38
0.990.96-0.280.420.920.390.070.81-0.5-0.15-0.14-0.470.68-0.270.98-0.37-0.85-0.320.680.67-0.150.12-0.17-0.570.58
0.390.460.22-0.160.340.390.080.46-0.24-0.050.15-0.730.53-0.530.4-0.11-0.28-0.090.620.57-0.71-0.220.35-0.040.1
0.020.09-0.22-0.01-0.030.070.08-0.110.20.14-0.090.02-0.14-0.310.04-0.1-0.150.24-0.02-0.060.16-0.340.21-0.120.17
0.840.810.140.270.840.810.46-0.11-0.58-0.57-0.1-0.620.88-0.160.820.02-0.63-0.440.760.76-0.430.34-0.18-0.320.26
-0.52-0.47-0.550.42-0.47-0.5-0.240.2-0.580.52-0.090.36-0.830.18-0.520.00.39-0.02-0.74-0.70.280.25-0.25-0.230.11
-0.16-0.16-0.670.3-0.11-0.15-0.050.14-0.570.52-0.190.08-0.69-0.07-0.18-0.630.090.01-0.34-0.30.14-0.280.03-0.190.1
-0.16-0.140.27-0.32-0.31-0.140.15-0.09-0.1-0.09-0.190.180.15-0.27-0.080.430.240.29-0.1-0.160.10.1-0.2-0.010.12
-0.56-0.56-0.17-0.05-0.57-0.47-0.730.02-0.620.360.080.18-0.60.42-0.530.180.190.27-0.85-0.870.90.02-0.2-0.110.21
0.70.690.49-0.170.630.680.53-0.140.88-0.83-0.690.15-0.6-0.280.710.14-0.47-0.180.860.82-0.490.080.070.00.07
-0.26-0.30.020.21-0.16-0.27-0.53-0.31-0.160.18-0.07-0.270.42-0.28-0.30.130.14-0.44-0.39-0.30.420.4-0.330.09-0.05
0.990.98-0.250.410.890.980.40.040.82-0.52-0.18-0.08-0.530.71-0.3-0.34-0.74-0.310.740.73-0.20.19-0.24-0.520.53
-0.35-0.30.53-0.31-0.34-0.37-0.11-0.10.020.0-0.630.430.180.140.13-0.340.350.36-0.15-0.2-0.040.25-0.110.19-0.11
-0.78-0.710.27-0.31-0.8-0.85-0.28-0.15-0.630.390.090.240.19-0.470.14-0.740.350.25-0.4-0.37-0.060.12-0.070.56-0.62
-0.34-0.30.14-0.55-0.39-0.32-0.090.24-0.44-0.020.010.290.27-0.18-0.44-0.310.360.25-0.15-0.250.12-0.560.330.22-0.07
0.740.730.31-0.110.690.680.62-0.020.76-0.74-0.34-0.1-0.850.86-0.390.74-0.15-0.4-0.150.99-0.68-0.10.190.12-0.08
0.740.720.28-0.030.70.670.57-0.060.76-0.7-0.3-0.16-0.870.82-0.30.73-0.2-0.37-0.250.99-0.68-0.040.140.14-0.12
-0.23-0.25-0.40.21-0.26-0.15-0.710.16-0.430.280.140.10.9-0.490.42-0.2-0.04-0.060.12-0.68-0.680.11-0.39-0.320.4
0.180.2-0.210.650.150.12-0.22-0.340.340.25-0.280.10.020.080.40.190.250.12-0.56-0.1-0.040.11-0.86-0.410.25
-0.23-0.240.46-0.71-0.19-0.170.350.21-0.18-0.250.03-0.2-0.20.07-0.33-0.24-0.11-0.070.330.190.14-0.39-0.860.56-0.4
-0.52-0.560.74-0.77-0.48-0.57-0.04-0.12-0.32-0.23-0.19-0.01-0.110.00.09-0.520.190.560.220.120.14-0.32-0.410.56-0.9
0.50.57-0.580.540.380.580.10.170.260.110.10.120.210.07-0.050.53-0.11-0.62-0.07-0.08-0.120.40.25-0.4-0.9
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Equus Total Account Relationship Matchups

Equus Total fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.1M58.8M39.7M41.7M93.5M83.9M
Short Long Term Debt Total29.0M24M2.5M6.0M45.0M32.2M
Other Current Liab(106K)(56K)(59K)321K(45.2M)(43.0M)
Total Current Liabilities106K56K59K460K45.4M47.6M
Total Stockholder Equity46.0M33.8M36.4M35.2M48.3M51.7M
Net Debt25.0M361K(21.0M)(13.2M)38.4M21.2M
Retained Earnings(10.1M)(22.4M)(38.3M)(39.5M)(26.5M)(25.2M)
Accounts Payable106K56K59K108K276K205.9K
Non Current Assets Total69.6M31M15.5M60K40.9M60.3M
Non Currrent Assets Other(75.1M)(58.8M)(39.7M)(63.3M)77K80.9K
Other Assets431K421K401K41.2M52.2M54.8M
Net Receivables1.0M1.1M1.1M3.8M350K345.8K
Liabilities And Stockholders Equity75.1M58.8M39.7M41.7M93.5M83.9M
Non Current Liabilities Total29.0M24M2.5M216K233K221.4K
Other Stockholder Equity66.1M56.1M76.7M74.7M74.8M57.3M
Total Liab29.1M25.0M3.4M6.4M45.3M32.2M
Total Current Assets5.0M27.4M23.8M425K435K413.3K
Accumulated Other Comprehensive Income25.4M(611K)36.4M35.2M48.3M50.7M
Cash4.0M23.6M23.5M19.2M6.5M13.0M
Cash And Short Term Investments4.0M23.6M23.5M205K71K67.5K
Short Term Investments29.0M24M2.5M(19.0M)(6.5M)(6.1M)
Current Deferred Revenue(28.9M)(23.9M)(2.4M)(6.0M)(45.0M)(42.7M)
Short Term Debt29.0M24M2.5M6.0M45.0M22.6M
Net Tangible Assets46.0M33.8M36.4M35.2M31.7M31.5M
Long Term Debt27.0M29.0M24M2.5M2.3M2.1M
Long Term Debt Total27.0M29.0M24M2.5M2.3M2.1M
Capital Surpluse55.7M56.1M56.1M74.7M85.9M63.6M
Long Term Investments69.6M31M15.5M21.6M85.8M47.7M
Cash And Equivalents7.4M4.0M23.6M23.5M27.0M14.9M
Net Invested Capital75.0M57.8M38.9M41.2M93.2M68.8M

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