TREEHOUSE | | | 15.69 0.29 1.88% |
Tree House financial indicator trend analysis is much more than just breaking down Tree House Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tree House Education is a good investment. Please check the relationship between Tree House Intangible Assets and its Accounts Payable accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tree House Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Intangible Assets vs Accounts Payable
Intangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tree House Education Intangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Tree House's Intangible Assets and Accounts Payable is 0.09. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Tree House Education, assuming nothing else is changed. The correlation between historical values of Tree House's Intangible Assets 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 Intangible Assets of Tree House Education 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 Intangible Assets i.e., Tree House's Intangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Accounts Payable
An accounting item on the balance sheet that represents Tree House 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 Tree House Education 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 Tree House's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tree House Education 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 Tree House Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Tax Provision is likely to gain to about 40.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8.4
M in 2024.
Tree House fundamental ratios Correlations
Click cells to compare fundamentals
Tree House Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tree House fundamental ratios Accounts
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Additional Tools for Tree Stock Analysis
When running Tree House's price analysis, check to
measure Tree House'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 Tree House is operating at the current time. Most of Tree House's value examination focuses on studying past and present price action to
predict the probability of Tree House's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tree House's price. Additionally, you may evaluate how the addition of Tree House to your portfolios can decrease your overall portfolio volatility.