Orsus Accounts Payable vs Cash Analysis
| ORSX Stock | USD 0.0001 0.00 0.00% |
Orsus Xelent financial indicator trend analysis is much more than just breaking down Orsus Xelent Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orsus Xelent Technologies is a good investment. Please check the relationship between Orsus Xelent Accounts Payable and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orsus Xelent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orsus Xelent Technologies Accounts Payable account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Orsus Xelent's Accounts Payable and Cash is -0.87. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Orsus Xelent Technologies, assuming nothing else is changed. The correlation between historical values of Orsus Xelent's Accounts Payable and Cash 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 Orsus Xelent Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Orsus Xelent's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Orsus Xelent 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 Orsus Xelent Technologies 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.Cash
Cash refers to the most liquid asset of Orsus Xelent Technologies, which is listed under current asset account on Orsus Xelent Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Orsus Xelent customers. The amounts must be unrestricted with restricted cash listed in a different Orsus Xelent 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.Most indicators from Orsus Xelent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orsus Xelent Technologies 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 Orsus Xelent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Selling General Administrative is likely to drop to about 385.6 K in 2024. Sales General And Administrative To Revenue is likely to drop to 0.01 in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 6.3M | 1.8M | 1.6M | 1.6M | Total Revenue | 28.7M | 24.4M | 28.1M | 26.7M |
Orsus Xelent fundamental ratios Correlations
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Orsus Xelent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Orsus Xelent's price analysis, check to measure Orsus Xelent'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 Orsus Xelent is operating at the current time. Most of Orsus Xelent's value examination focuses on studying past and present price action to predict the probability of Orsus Xelent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsus Xelent's price. Additionally, you may evaluate how the addition of Orsus Xelent to your portfolios can decrease your overall portfolio volatility.