Imperial Long Term Debt vs Accounts Payable Analysis
IMPP Stock | USD 3.18 0.02 0.63% |
Imperial Petroleum financial indicator trend analysis is infinitely more than just investigating Imperial Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Petroleum is a good investment. Please check the relationship between Imperial Petroleum 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 Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.
Long Term Debt vs Accounts Payable
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 Imperial Petroleum Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Imperial Petroleum's Long Term Debt and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Imperial Petroleum, assuming nothing else is changed. The correlation between historical values of Imperial Petroleum's 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 Long Term Debt of Imperial Petroleum 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 Long Term Debt i.e., Imperial Petroleum's Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Imperial Petroleum has held for over one year. Long-term debt appears on Imperial Petroleum 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 Imperial Petroleum 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.Accounts Payable
An accounting item on the balance sheet that represents Imperial Petroleum 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 Imperial Petroleum 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 Imperial Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Petroleum 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 Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.At this time, Imperial Petroleum's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Issuance Of Capital Stock is likely to grow to about 54.1 M, though Enterprise Value is likely to grow to (46.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 145.0K | 1.6M | 1.8M | 1.1M | Depreciation And Amortization | 8.7M | 12.3M | 15.6M | 16.4M |
Imperial Petroleum fundamental ratios Correlations
Click cells to compare fundamentals
Imperial Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for Imperial Stock Analysis
When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum'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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.