Expand Long Term Debt vs Total Current Liabilities Analysis
| EXEEZ Stock | 90.21 0.00 0.00% |
Expand Energy financial indicator trend analysis is much more than just examining Expand Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expand Energy is a good investment. Please check the relationship between Expand Energy Long Term Debt and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expand Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Expand Stock please use our How to Invest in Expand Energy guide.
Long Term Debt vs Total Current Liabilities
Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expand Energy Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Expand Energy's Long Term Debt and Total Current Liabilities is 0.31. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Expand Energy, assuming nothing else is changed. The correlation between historical values of Expand Energy's Long Term Debt and Total Current Liabilities 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 Expand Energy are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Expand Energy's Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Expand Energy has held for over one year. Long-term debt appears on Expand Energy 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 Expand Energy 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.Total Current Liabilities
Total Current Liabilities is an item on Expand Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Expand Energy 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.Most indicators from Expand Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expand Energy 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 Expand Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Expand Stock please use our How to Invest in Expand Energy guide.Tax Provision is likely to rise to about 732.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
| 2020 | 2021 | 2023 | 2024 (projected) | Interest Expense | 476M | 163M | 112M | 106.4M | Interest Income | 87M | 3M | 9M | 8.6M |
Expand Energy fundamental ratios Correlations
Click cells to compare fundamentals
Expand Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.Additional Tools for Expand Stock Analysis
When running Expand Energy's price analysis, check to measure Expand Energy'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 Expand Energy is operating at the current time. Most of Expand Energy's value examination focuses on studying past and present price action to predict the probability of Expand Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expand Energy's price. Additionally, you may evaluate how the addition of Expand Energy to your portfolios can decrease your overall portfolio volatility.