Compass Accounts Payable vs Cash And Short Term Investments Analysis

CDAQU Stock

USD 10.82 0.00 0.00%

Compass Digital financial indicator trend analysis is way more than just evaluating Compass Digital Acqu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass Digital Acqu is a good investment. Please check the relationship between Compass Digital Accounts Payable and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Digital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Digital Acqu Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Compass Digital's Accounts Payable and Cash And Short Term Investments is -0.73. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Compass Digital Acquisition, assuming nothing else is changed. The correlation between historical values of Compass Digital's Accounts Payable and Cash And Short Term Investments 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 Compass Digital Acquisition are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Compass Digital's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

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Accounts Payable

An accounting item on the balance sheet that represents Compass Digital 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 Compass Digital Acqu 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Compass Digital Acqu balance sheet. This account contains Compass Digital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Compass Digital Acquisition fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Compass Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass Digital Acqu 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Digital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Enterprise Value is likely to gain to about 281.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 66 K in 2024.

	2010	2022	2023	2024 (projected)
Other Operating Expenses	1.1M	1.2M	2.0M	1.6M
Interest Expense	372.3K	10.5M	12.1M	12.7M

Other Operating Expenses Interest Expense

Compass Digital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Current Deferred Revenue	Short Term Debt	Short Term Investments
Total Assets		-0.65	0.59	-0.67	1.0	-0.92	-0.95	-0.45	0.93	1.0	-0.35	-0.7	0.93	0.95	0.94	0.99	0.73	0.94	-0.95	0.95	-0.97	0.79	1.0	-0.95	-0.95	0.94
Short Long Term Debt Total	-0.65		-0.99	1.0	-0.62	0.9	0.86	0.96	-0.88	-0.65	0.92	0.96	-0.88	-0.61	-0.87	-0.76	-0.99	-0.86	0.78	-0.86	0.7	-0.98	-0.64	0.64	0.64	-0.6
Other Current Liab	0.59	-0.99		-0.99	0.56	-0.86	-0.82	-0.98	0.84	0.58	-0.96	-0.93	0.84	0.57	0.83	0.71	0.98	0.82	-0.71	0.82	-0.63	0.96	0.58	-0.56	-0.56	0.57
Total Current Liabilities	-0.67	1.0	-0.99		-0.64	0.91	0.87	0.96	-0.89	-0.66	0.93	0.94	-0.89	-0.65	-0.88	-0.78	-0.99	-0.87	0.77	-0.87	0.7	-0.98	-0.66	0.63	0.63	-0.64
Total Stockholder Equity	1.0	-0.62	0.56	-0.64		-0.9	-0.93	-0.42	0.92	1.0	-0.32	-0.68	0.92	0.95	0.93	0.98	0.71	0.93	-0.94	0.94	-0.96	0.77	1.0	-0.95	-0.95	0.94
Net Debt	-0.92	0.9	-0.86	0.91	-0.9		1.0	0.76	-1.0	-0.92	0.69	0.9	-1.0	-0.87	-1.0	-0.97	-0.94	-1.0	0.95	-1.0	0.92	-0.97	-0.91	0.88	0.88	-0.87
Retained Earnings	-0.95	0.86	-0.82	0.87	-0.93	1.0		0.71	-1.0	-0.94	0.63	0.88	-1.0	-0.9	-1.0	-0.99	-0.91	-1.0	0.96	-1.0	0.95	-0.95	-0.94	0.91	0.91	-0.89
Accounts Payable	-0.45	0.96	-0.98	0.96	-0.42	0.76	0.71		-0.73	-0.44	0.99	0.86	-0.73	-0.46	-0.73	-0.58	-0.93	-0.72	0.58	-0.71	0.49	-0.9	-0.44	0.4	0.4	-0.46
Cash	0.93	-0.88	0.84	-0.89	0.92	-1.0	-1.0	-0.73		0.93	-0.65	-0.89	1.0	0.89	1.0	0.98	0.93	1.0	-0.96	1.0	-0.94	0.96	0.93	-0.9	-0.9	0.88
Non Current Assets Total	1.0	-0.65	0.58	-0.66	1.0	-0.92	-0.94	-0.44	0.93		-0.35	-0.7	0.93	0.95	0.94	0.99	0.73	0.94	-0.95	0.95	-0.97	0.79	1.0	-0.95	-0.95	0.94
Non Currrent Assets Other	-0.35	0.92	-0.96	0.93	-0.32	0.69	0.63	0.99	-0.65	-0.35		0.8	-0.65	-0.38	-0.65	-0.49	-0.88	-0.64	0.48	-0.63	0.38	-0.85	-0.34	0.3	0.3	-0.38
Long Term Debt	-0.7	0.96	-0.93	0.94	-0.68	0.9	0.88	0.86	-0.89	-0.7	0.8		-0.89	-0.58	-0.88	-0.8	-0.96	-0.88	0.87	-0.88	0.8	-0.95	-0.7	0.76	0.76	-0.57
Cash And Short Term Investments	0.93	-0.88	0.84	-0.89	0.92	-1.0	-1.0	-0.73	1.0	0.93	-0.65	-0.89		0.89	1.0	0.98	0.93	1.0	-0.96	1.0	-0.94	0.96	0.93	-0.9	-0.9	0.88
Common Stock Shares Outstanding	0.95	-0.61	0.57	-0.65	0.95	-0.87	-0.9	-0.46	0.89	0.95	-0.38	-0.58	0.89		0.89	0.94	0.69	0.9	-0.82	0.9	-0.85	0.75	0.95	-0.81	-0.81	1.0
Non Current Liabilities Total	0.94	-0.87	0.83	-0.88	0.93	-1.0	-1.0	-0.73	1.0	0.94	-0.65	-0.88	1.0	0.89		0.98	0.92	1.0	-0.96	1.0	-0.94	0.95	0.94	-0.9	-0.9	0.89
Other Current Assets	0.99	-0.76	0.71	-0.78	0.98	-0.97	-0.99	-0.58	0.98	0.99	-0.49	-0.8	0.98	0.94	0.98		0.83	0.98	-0.97	0.99	-0.97	0.88	0.99	-0.94	-0.94	0.93
Other Stockholder Equity	0.73	-0.99	0.98	-0.99	0.71	-0.94	-0.91	-0.93	0.93	0.73	-0.88	-0.96	0.93	0.69	0.92	0.83		0.92	-0.84	0.91	-0.77	1.0	0.73	-0.71	-0.71	0.69
Total Liab	0.94	-0.86	0.82	-0.87	0.93	-1.0	-1.0	-0.72	1.0	0.94	-0.64	-0.88	1.0	0.9	1.0	0.98	0.92		-0.96	1.0	-0.94	0.95	0.94	-0.9	-0.9	0.89
Net Invested Capital	-0.95	0.78	-0.71	0.77	-0.94	0.95	0.96	0.58	-0.96	-0.95	0.48	0.87	-0.96	-0.82	-0.96	-0.97	-0.84	-0.96		-0.96	0.99	-0.87	-0.94	0.98	0.98	-0.81
Total Current Assets	0.95	-0.86	0.82	-0.87	0.94	-1.0	-1.0	-0.71	1.0	0.95	-0.63	-0.88	1.0	0.9	1.0	0.99	0.91	1.0	-0.96		-0.95	0.94	0.95	-0.91	-0.91	0.89
Capital Stock	-0.97	0.7	-0.63	0.7	-0.96	0.92	0.95	0.49	-0.94	-0.97	0.38	0.8	-0.94	-0.85	-0.94	-0.97	-0.77	-0.94	0.99	-0.95		-0.82	-0.97	0.99	0.99	-0.84
Net Working Capital	0.79	-0.98	0.96	-0.98	0.77	-0.97	-0.95	-0.9	0.96	0.79	-0.85	-0.95	0.96	0.75	0.95	0.88	1.0	0.95	-0.87	0.94	-0.82		0.78	-0.76	-0.76	0.75
Common Stock	1.0	-0.64	0.58	-0.66	1.0	-0.91	-0.94	-0.44	0.93	1.0	-0.34	-0.7	0.93	0.95	0.94	0.99	0.73	0.94	-0.94	0.95	-0.97	0.78		-0.95	-0.95	0.94
Current Deferred Revenue	-0.95	0.64	-0.56	0.63	-0.95	0.88	0.91	0.4	-0.9	-0.95	0.3	0.76	-0.9	-0.81	-0.9	-0.94	-0.71	-0.9	0.98	-0.91	0.99	-0.76	-0.95		1.0	-0.8
Short Term Debt	-0.95	0.64	-0.56	0.63	-0.95	0.88	0.91	0.4	-0.9	-0.95	0.3	0.76	-0.9	-0.81	-0.9	-0.94	-0.71	-0.9	0.98	-0.91	0.99	-0.76	-0.95	1.0		-0.8
Short Term Investments	0.94	-0.6	0.57	-0.64	0.94	-0.87	-0.89	-0.46	0.88	0.94	-0.38	-0.57	0.88	1.0	0.89	0.93	0.69	0.89	-0.81	0.89	-0.84	0.75	0.94	-0.8	-0.8

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Compass Accounts Payable vs Cash And Short Term Investments Analysis

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash And Short Term Investments

Compass Digital fundamental ratios Correlations

Compass Digital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity

Total Current Assets	- 1.0	Retained Earnings
Total Liab	- 1.0	Retained Earnings
Non Current Liabilities Total	- 1.0	Retained Earnings
Cash And Short Term Investments	- 1.0	Retained Earnings
Cash	- 1.0	Retained Earnings
Total Current Assets	- 1.0	Net Debt