Octopus Total Assets vs Total Current Liabilities Analysis
| OOA Stock | 51.30 0.00 0.00% |
Octopus Aim financial indicator trend analysis is much more than just breaking down Octopus Aim Vct prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Octopus Aim Vct is a good investment. Please check the relationship between Octopus Aim Total Assets and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Octopus Aim Vct. 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.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Octopus Aim Vct Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Octopus Aim's Total Assets and Total Current Liabilities is 0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Octopus Aim Vct, assuming nothing else is changed. The correlation between historical values of Octopus Aim's Total Assets 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 Total Assets of Octopus Aim Vct 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 Total Assets i.e., Octopus Aim's Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Octopus Aim assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Octopus Aim Vct books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Octopus Aim balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Octopus Aim Vct 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 Octopus Aim's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Octopus Aim Vct 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Octopus Aim Vct. 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. As of November 30, 2024, Selling General Administrative is expected to decline to about 605.4 K. In addition to that, Issuance Of Capital Stock is expected to decline to about 17.2 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 45K | 234K | 1.2M | 1.3M | Net Interest Income | 45K | 234K | 1.2M | 1.3M |
Octopus Aim fundamental ratios Correlations
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Octopus Aim Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in Octopus Stock
Balance Sheet is a snapshot of the financial position of Octopus Aim Vct at a specified time, usually calculated after every quarter, six months, or one year. Octopus Aim Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Octopus Aim and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Octopus currently owns. An asset can also be divided into two categories, current and non-current.