Tinybeans Total Current Liabilities vs Accounts Payable Analysis

TNY Stock   0.07  0.01  6.67%   
Tinybeans financial indicator trend analysis is much more than just breaking down Tinybeans Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tinybeans Group is a good investment. Please check the relationship between Tinybeans Total Current Liabilities and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tinybeans Group. 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.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tinybeans Group Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tinybeans' Total Current Liabilities and Accounts Payable is -0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Tinybeans Group, assuming nothing else is changed. The correlation between historical values of Tinybeans' Total Current Liabilities 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 Total Current Liabilities of Tinybeans Group 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 Total Current Liabilities i.e., Tinybeans' Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Tinybeans balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tinybeans Group 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.

Accounts Payable

An accounting item on the balance sheet that represents Tinybeans 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 Tinybeans Group 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 Tinybeans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tinybeans Group 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 Tinybeans Group. 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.
Selling General Administrative is likely to drop to about 4.2 M in 2024. Tax Provision is expected to grow at the current pace this year

Tinybeans fundamental ratios Correlations

0.850.80.980.010.66-0.81-0.71-0.490.75-0.53-0.040.90.90.50.48-0.20.51-0.60.82-0.580.91-0.570.560.84-0.48
0.850.860.780.050.45-0.62-0.9-0.480.45-0.520.080.710.950.340.5-0.170.59-0.40.88-0.560.69-0.550.560.91-0.47
0.80.860.68-0.060.19-0.41-0.77-0.620.38-0.660.130.620.830.550.37-0.350.72-0.530.99-0.650.63-0.640.390.77-0.63
0.980.780.680.010.75-0.88-0.65-0.420.81-0.45-0.10.920.850.440.49-0.130.41-0.580.71-0.510.93-0.510.550.8-0.41
0.010.05-0.060.010.110.170.320.12-0.230.130.52-0.10.030.52-0.54-0.50.050.270.040.13-0.20.150.48-0.310.2
0.660.450.190.750.11-0.9-0.39-0.330.83-0.35-0.060.850.480.270.33-0.15-0.07-0.230.23-0.430.79-0.430.220.51-0.31
-0.81-0.62-0.41-0.880.17-0.90.640.43-0.90.470.27-0.94-0.67-0.19-0.63-0.01-0.140.47-0.430.55-0.930.55-0.29-0.770.44
-0.71-0.9-0.77-0.650.32-0.390.640.49-0.450.530.04-0.67-0.85-0.07-0.65-0.07-0.460.46-0.750.57-0.670.57-0.32-0.950.51
-0.49-0.48-0.62-0.420.12-0.330.430.49-0.591.00.22-0.6-0.37-0.46-0.480.63-0.290.15-0.620.99-0.630.990.2-0.520.99
0.750.450.380.81-0.230.83-0.9-0.45-0.59-0.61-0.440.910.470.240.62-0.170.03-0.320.39-0.670.95-0.660.050.63-0.59
-0.53-0.52-0.66-0.450.13-0.350.470.531.0-0.610.22-0.63-0.42-0.47-0.510.62-0.330.19-0.650.99-0.660.990.16-0.561.0
-0.040.080.13-0.10.52-0.060.270.040.22-0.440.22-0.170.120.5-0.78-0.290.23-0.120.150.25-0.290.250.32-0.210.24
0.90.710.620.92-0.10.85-0.94-0.67-0.60.91-0.63-0.170.720.40.57-0.20.23-0.470.64-0.690.96-0.680.260.79-0.6
0.90.950.830.850.030.48-0.67-0.85-0.370.47-0.420.120.720.420.44-0.120.7-0.630.85-0.470.72-0.470.670.88-0.38
0.50.340.550.440.520.27-0.19-0.07-0.460.24-0.470.50.40.42-0.3-0.80.57-0.420.59-0.450.35-0.450.360.11-0.44
0.480.50.370.49-0.540.33-0.63-0.65-0.480.62-0.51-0.780.570.44-0.30.250.1-0.20.35-0.560.64-0.560.00.76-0.51
-0.2-0.17-0.35-0.13-0.5-0.15-0.01-0.070.63-0.170.62-0.29-0.2-0.12-0.80.25-0.36-0.09-0.390.58-0.180.580.060.070.59
0.510.590.720.410.05-0.07-0.14-0.46-0.290.03-0.330.230.230.70.570.1-0.36-0.660.72-0.320.28-0.330.480.43-0.32
-0.6-0.4-0.53-0.580.27-0.230.470.460.15-0.320.19-0.12-0.47-0.63-0.42-0.2-0.09-0.66-0.510.21-0.510.22-0.47-0.50.21
0.820.880.990.710.040.23-0.43-0.75-0.620.39-0.650.150.640.850.590.35-0.390.72-0.51-0.650.64-0.640.450.76-0.61
-0.58-0.56-0.65-0.510.13-0.430.550.570.99-0.670.990.25-0.69-0.47-0.45-0.560.58-0.320.21-0.65-0.721.00.12-0.620.99
0.910.690.630.93-0.20.79-0.93-0.67-0.630.95-0.66-0.290.960.720.350.64-0.180.28-0.510.64-0.72-0.710.260.82-0.63
-0.57-0.55-0.64-0.510.15-0.430.550.570.99-0.660.990.25-0.68-0.47-0.45-0.560.58-0.330.22-0.641.0-0.710.13-0.610.99
0.560.560.390.550.480.22-0.29-0.320.20.050.160.320.260.670.360.00.060.48-0.470.450.120.260.130.380.22
0.840.910.770.8-0.310.51-0.77-0.95-0.520.63-0.56-0.210.790.880.110.760.070.43-0.50.76-0.620.82-0.610.38-0.54
-0.48-0.47-0.63-0.410.2-0.310.440.510.99-0.591.00.24-0.6-0.38-0.44-0.510.59-0.320.21-0.610.99-0.630.990.22-0.54
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Tinybeans Account Relationship Matchups

Tinybeans fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8M17.0M18.0M17.5M7.2M5.6M
Other Current Liab954.2K3.0M3.2M2.1M2.6M1.8M
Total Current Liabilities1.0M3.5M4.5M3.6M2.8M2.1M
Total Stockholder Equity462.7K12.8M12.9M13.7M4.3M3.5M
Other Liab560.7K257.1K119.8K35.8K32.2K30.6K
Net Tangible Assets4.1M1.7M3.9M1.2M1.4M1.8M
Net Debt(4.0M)(3.6M)(6.1M)(2.3M)(3.4M)(3.6M)
Retained Earnings(9.0M)(20.4M)(30.3M)(30.8M)(41.1M)(31.5M)
Accounts Payable57.4K112.6K394.4K228.1K88.7K315.8K
Cash689.4K5.2M3.8M6.1M2.3M3.4M
Cash And Short Term Investments5.2M3.8M6.1M2.3M3.4M2.9M
Net Receivables577.7K1.5M2.3M1.6M1.3M831.4K
Common Stock Shares Outstanding42.6M48.4M57.2M61.2M91.6M96.2M
Liabilities And Stockholders Equity17.0M18.0M17.5M7.2M5.6M7.7M
Other Current Assets513.4K261.5K1.8M606.8K314.3K433.0K
Other Stockholder Equity1.1M(3.2M)(4.3M)(1.0)(0.9)(0.94)
Total Liab1.4M4.2M5.1M3.8M2.9M2.1M
Total Current Assets1.8M7.3M7.5M9.4M4.7M4.7M
Accumulated Other Comprehensive Income1.1M3.1M2.7M1.9M1.0M1.1M
Short Term Debt754.0K89.1K173.6K173.3K155.9K148.1K
Intangible Assets8.8M10.1M8.0M2.4M958.7K910.8K
Common Stock32.2M40.2M41.9M43.5M33.9M21.8M
Property Plant Equipment433.8K131.7K47.9K26.1K23.5K22.3K
Property Plant And Equipment Net434.8K233.8K69.7K39.2K23.2K22.0K
Current Deferred Revenue894.4K1.0M1.5M1.6M1.8M1.9M
Non Current Assets Total39.1K9.7M10.5M8.1M2.5M981.9K
Non Currrent Assets Other163.4K(7.4M)(5.0M)(6.4M)(5.4M)(0.31)
Non Current Liabilities Total344.5K740.6K525.2K174.2K53.8K1.8K
Net Invested Capital15.8M7.3M9.4M2.8M3.5M6.6M
Property Plant And Equipment Gross433.8K541.6K150.3K100.6K72.0K68.4K
Net Working Capital4.5M1.8M4.0M1.3M2.5M2.4M
Cash And Equivalents3.6M2.2M4.2M1.5M1.8M2.7M

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