Genelux Cash vs Long Term Debt Analysis
| GNLX Stock | 2.59 0.13 4.78% |
Genelux Common financial indicator trend analysis is much more than just examining Genelux Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genelux Common is a good investment. Please check the relationship between Genelux Common Cash and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genelux Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Genelux Stock please use our How to Invest in Genelux Common guide.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genelux Common Cash account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Genelux Common's Cash and Long Term Debt is -0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Genelux Common, assuming nothing else is changed. The correlation between historical values of Genelux Common's Cash and Long Term Debt 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 of Genelux Common are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Genelux Common's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.43 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Genelux Common, which is listed under current asset account on Genelux Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genelux Common customers. The amounts must be unrestricted with restricted cash listed in a different Genelux Common account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Long Term Debt
Long-term debt is a debt that Genelux Common has held for over one year. Long-term debt appears on Genelux Common 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 Genelux Common 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.Most indicators from Genelux Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genelux Common 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genelux Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Genelux Stock please use our How to Invest in Genelux Common guide.At this time, Genelux Common's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 71.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 1.4M | 4.0M | 4.2M | Depreciation And Amortization | 895K | 968K | 1.0M | 883.5K |
Genelux Common fundamental ratios Correlations
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Genelux Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Genelux Common's price analysis, check to measure Genelux Common'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 Genelux Common is operating at the current time. Most of Genelux Common's value examination focuses on studying past and present price action to predict the probability of Genelux Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genelux Common's price. Additionally, you may evaluate how the addition of Genelux Common to your portfolios can decrease your overall portfolio volatility.