Thunder Net Invested Capital vs Accounts Payable Analysis
| THCPU Stock | USD 12.38 1.11 9.85% |
Thunder Bridge financial indicator trend analysis is much more than just breaking down Thunder Bridge Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Bridge Capital is a good investment. Please check the relationship between Thunder Bridge Net Invested Capital and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thunder Bridge Capital. 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.
Net Invested Capital vs Accounts Payable
Net Invested Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Bridge Capital Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Thunder Bridge's Net Invested Capital and Accounts Payable is -0.64. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Thunder Bridge Capital, assuming nothing else is changed. The correlation between historical values of Thunder Bridge's Net Invested Capital 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 Net Invested Capital of Thunder Bridge Capital 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 Net Invested Capital i.e., Thunder Bridge's Net Invested Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Accounts Payable
An accounting item on the balance sheet that represents Thunder Bridge 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 Thunder Bridge Capital 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 Thunder Bridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunder Bridge Capital 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 Thunder Bridge Capital. 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. At this time, Thunder Bridge's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 67.93 in 2024, whereas Enterprise Value is likely to drop slightly above 237.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.9K | 3.4M | 7.8M | 4.1M | Net Interest Income | 7.9K | 3.4M | 7.8M | 4.1M |
Thunder Bridge fundamental ratios Correlations
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Thunder Bridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Thunder Bridge's price analysis, check to measure Thunder Bridge'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 Thunder Bridge is operating at the current time. Most of Thunder Bridge's value examination focuses on studying past and present price action to predict the probability of Thunder Bridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Bridge's price. Additionally, you may evaluate how the addition of Thunder Bridge to your portfolios can decrease your overall portfolio volatility.