SCHMID Other Current Liab vs Short Long Term Debt Analysis

SHMDW Stock   0.29  0.01  3.57%   
SCHMID Group financial indicator trend analysis is much more than just breaking down SCHMID Group NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SCHMID Group NV is a good investment. Please check the relationship between SCHMID Group Other Current Liab and its Short Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SCHMID Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Current Liab vs Short Long Term Debt

Other Current Liab vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SCHMID Group NV Other Current Liab account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between SCHMID Group's Other Current Liab and Short Long Term Debt is -0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of SCHMID Group NV, assuming nothing else is changed. The correlation between historical values of SCHMID Group's Other Current Liab and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of SCHMID Group NV are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Other Current Liab i.e., SCHMID Group's Other Current Liab and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from SCHMID Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SCHMID Group NV 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SCHMID Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization4.9M6.3M6.9M6.6M
Interest Income3.2M4.1M3.9M4.1M

SCHMID Group fundamental ratios Correlations

0.82-0.970.74-0.310.170.680.71-0.250.440.010.04-0.210.440.520.48-0.25-0.470.56-0.120.770.960.210.490.880.57
0.82-0.850.37-0.730.40.290.980.260.040.480.480.340.040.150.690.3-0.810.09-0.620.990.89-0.310.830.470.13
-0.97-0.85-0.750.31-0.05-0.71-0.760.22-0.360.030.020.16-0.36-0.61-0.390.20.44-0.580.14-0.78-0.91-0.14-0.47-0.81-0.62
0.740.37-0.750.35-0.520.990.2-0.790.82-0.42-0.48-0.720.820.72-0.23-0.750.220.940.490.230.530.72-0.170.910.86
-0.31-0.730.310.35-0.830.44-0.83-0.820.53-0.79-0.86-0.850.530.39-0.9-0.830.980.60.97-0.83-0.540.81-0.980.150.51
0.170.4-0.05-0.52-0.83-0.580.480.73-0.470.650.780.66-0.47-0.490.930.68-0.83-0.64-0.760.540.42-0.620.81-0.15-0.58
0.680.29-0.710.990.44-0.580.12-0.830.8-0.52-0.58-0.770.80.78-0.31-0.80.30.970.570.150.470.75-0.260.880.91
0.710.98-0.760.2-0.830.480.120.44-0.170.520.540.51-0.170.090.740.47-0.88-0.08-0.740.990.81-0.50.890.30.01
-0.250.260.22-0.79-0.820.73-0.830.44-0.880.680.750.98-0.88-0.560.640.99-0.72-0.9-0.90.39-0.01-0.980.69-0.67-0.76
0.440.04-0.360.820.53-0.470.8-0.17-0.88-0.27-0.35-0.821.00.3-0.35-0.820.420.790.63-0.090.260.9-0.360.770.56
0.010.480.03-0.42-0.790.65-0.520.520.68-0.270.980.76-0.27-0.790.620.76-0.73-0.69-0.840.540.21-0.620.76-0.31-0.78
0.040.480.02-0.48-0.860.78-0.580.540.75-0.350.980.79-0.35-0.780.730.8-0.8-0.74-0.880.580.27-0.670.82-0.31-0.79
-0.210.340.16-0.72-0.850.66-0.770.510.98-0.820.760.79-0.82-0.590.61.0-0.74-0.87-0.940.460.01-0.980.72-0.65-0.76
0.440.04-0.360.820.53-0.470.8-0.17-0.881.0-0.27-0.35-0.820.3-0.35-0.820.420.790.63-0.090.260.9-0.360.770.56
0.520.15-0.610.720.39-0.490.780.09-0.560.3-0.79-0.78-0.590.3-0.26-0.620.270.820.50.060.340.45-0.290.630.96
0.480.69-0.39-0.23-0.90.93-0.310.740.64-0.350.620.730.6-0.35-0.260.6-0.95-0.42-0.790.790.7-0.580.930.11-0.34
-0.250.30.2-0.75-0.830.68-0.80.470.99-0.820.760.81.0-0.82-0.620.6-0.73-0.9-0.930.42-0.02-0.980.71-0.67-0.79
-0.47-0.810.440.220.98-0.830.3-0.88-0.720.42-0.73-0.8-0.740.420.27-0.95-0.730.460.92-0.89-0.670.71-1.0-0.020.38
0.560.09-0.580.940.6-0.640.97-0.08-0.90.79-0.69-0.74-0.870.790.82-0.42-0.90.460.72-0.050.330.83-0.440.840.95
-0.12-0.620.140.490.97-0.760.57-0.74-0.90.63-0.84-0.88-0.940.630.5-0.79-0.930.920.72-0.72-0.340.9-0.910.350.64
0.770.99-0.780.23-0.830.540.150.990.39-0.090.540.580.46-0.090.060.790.42-0.89-0.05-0.720.87-0.430.910.380.01
0.960.89-0.910.53-0.540.420.470.81-0.010.260.210.270.010.260.340.7-0.02-0.670.33-0.340.870.00.690.750.36
0.21-0.31-0.140.720.81-0.620.75-0.5-0.980.9-0.62-0.67-0.980.90.45-0.58-0.980.710.830.9-0.430.0-0.670.650.67
0.490.83-0.47-0.17-0.980.81-0.260.890.69-0.360.760.820.72-0.36-0.290.930.71-1.0-0.44-0.910.910.69-0.670.05-0.38
0.880.47-0.810.910.15-0.150.880.3-0.670.77-0.31-0.31-0.650.770.630.11-0.67-0.020.840.350.380.750.650.050.77
0.570.13-0.620.860.51-0.580.910.01-0.760.56-0.78-0.79-0.760.560.96-0.34-0.790.380.950.640.010.360.67-0.380.77
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SCHMID Group Account Relationship Matchups

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