Roma Accounts Payable vs Total Liab Analysis

ROMA Stock   0.69  0.03  4.17%   
Roma Green financial indicator trend analysis is much more than just breaking down Roma Green Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roma Green Finance is a good investment. Please check the relationship between Roma Green Accounts Payable and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roma Green Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roma Green Finance Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Roma Green's Accounts Payable and Total Liab is -0.64. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Roma Green Finance, assuming nothing else is changed. The correlation between historical values of Roma Green's Accounts Payable and Total Liab 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 Roma Green Finance are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Roma Green's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Roma Green 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 Roma Green Finance 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Roma Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roma Green Finance 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 Roma Green Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
The current year's Tax Provision is expected to grow to 3,030. The current year's Selling General Administrative is expected to grow to about 6.5 M
 2021 2022 2023 2024 (projected)
Interest Income16.0361.0415.15435.91
Net Interest Income16.0361.0415.15435.91

Roma Green fundamental ratios Correlations

0.97-0.70.68-0.91-0.771.00.68-0.84-0.590.97-0.70.91.00.85-0.69
0.97-0.840.83-0.96-0.640.980.83-0.72-0.591.0-0.840.970.970.81-0.84
-0.7-0.84-0.990.890.24-0.72-0.990.340.5-0.841.0-0.94-0.69-0.541.0
0.680.83-0.99-0.85-0.190.711.0-0.31-0.530.83-0.990.930.670.59-0.99
-0.91-0.960.89-0.850.65-0.92-0.850.710.65-0.960.89-0.96-0.9-0.730.89
-0.77-0.640.24-0.190.65-0.75-0.190.980.66-0.640.24-0.48-0.77-0.710.23
1.00.98-0.720.71-0.92-0.750.71-0.83-0.620.98-0.720.911.00.87-0.71
0.680.83-0.991.0-0.85-0.190.71-0.31-0.530.83-0.990.930.670.59-0.99
-0.84-0.720.34-0.310.710.98-0.83-0.310.75-0.720.34-0.58-0.84-0.830.33
-0.59-0.590.5-0.530.650.66-0.62-0.530.75-0.590.5-0.57-0.59-0.830.5
0.971.0-0.840.83-0.96-0.640.980.83-0.72-0.59-0.840.970.970.81-0.84
-0.7-0.841.0-0.990.890.24-0.72-0.990.340.5-0.84-0.94-0.69-0.541.0
0.90.97-0.940.93-0.96-0.480.910.93-0.58-0.570.97-0.940.890.74-0.94
1.00.97-0.690.67-0.9-0.771.00.67-0.84-0.590.97-0.690.890.85-0.68
0.850.81-0.540.59-0.73-0.710.870.59-0.83-0.830.81-0.540.740.85-0.54
-0.69-0.841.0-0.990.890.23-0.71-0.990.330.5-0.841.0-0.94-0.68-0.54
Click cells to compare fundamentals

Roma Green Account Relationship Matchups

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When determining whether Roma Green Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roma Green's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Roma Green Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Roma Green Finance Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roma Green Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
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Is Roma Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Roma Green. If investors know Roma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Roma Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Roma Green Finance is measured differently than its book value, which is the value of Roma that is recorded on the company's balance sheet. Investors also form their own opinion of Roma Green's value that differs from its market value or its book value, called intrinsic value, which is Roma Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Roma Green's market value can be influenced by many factors that don't directly affect Roma Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Roma Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roma Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roma Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.