JDO Stock | | | 1.85 0.01 0.54% |
Judo Capital financial indicator trend analysis is infinitely more than just investigating Judo Capital Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Judo Capital Holdings is a good investment. Please check the relationship between Judo Capital Accounts Payable and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Judo Capital Holdings. 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.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Judo Capital Holdings Accounts Payable account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Judo Capital's Accounts Payable and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Judo Capital Holdings, assuming nothing else is changed. The correlation between historical values of Judo Capital's Accounts Payable 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 Accounts Payable of Judo Capital Holdings 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 Accounts Payable i.e., Judo Capital's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Judo Capital 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 Judo Capital Holdings 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.
Total Current Liabilities
Total Current Liabilities is an item on Judo Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Judo Capital Holdings 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 Judo Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Judo Capital Holdings 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 Judo Capital Holdings. 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.
Tax Provision is likely to gain to about 36.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 76.3
M in 2024.
Judo Capital fundamental ratios Correlations
Click cells to compare fundamentals
Judo Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Judo Capital fundamental ratios Accounts
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Additional Tools for Judo Stock Analysis
When running Judo Capital's price analysis, check to
measure Judo Capital'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 Judo Capital is operating at the current time. Most of Judo Capital's value examination focuses on studying past and present price action to
predict the probability of Judo Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Judo Capital's price. Additionally, you may evaluate how the addition of Judo Capital to your portfolios can decrease your overall portfolio volatility.