| GO2 Stock | | | 0.67 0.00 0.00% |
GO2 People financial indicator trend analysis is much more than just examining GO2 People latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GO2 People is a good investment. Please check the relationship between GO2 People Short Long Term Debt and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GO2 People Short Long Term Debt account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between GO2 People's Short Long Term Debt and Accounts Payable is 0.74. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of GO2 People, assuming nothing else is changed. The correlation between historical values of GO2 People's Short Long Term Debt 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 Short Long Term Debt of GO2 People 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 Short Long Term Debt i.e., GO2 People's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Accounts Payable
An accounting item on the balance sheet that represents GO2 People 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 GO2 People 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 GO2 People's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GO2 People 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 GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 863.2
K in 2024.
Issuance Of Capital Stock is likely to drop to about 229
K in 2024
GO2 People fundamental ratios Correlations
Click cells to compare fundamentals
GO2 People Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GO2 People fundamental ratios Accounts
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Additional Tools for GO2 Stock Analysis
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measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to
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