Compass Capital Stock vs Accounts Payable 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 Capital Stock and its Accounts Payable 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.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Digital Acqu Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Compass Digital's Capital Stock and Accounts Payable is 0.49. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable 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 Capital Stock 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 Capital Stock of Compass Digital Acquisition 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 Capital Stock i.e., Compass Digital's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

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.
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 Expenses1.1M1.2M2.0M1.6M
Interest Expense372.3K10.5M12.1M12.7M

Compass Digital fundamental ratios Correlations

-0.650.59-0.671.0-0.92-0.95-0.450.931.0-0.35-0.70.930.950.940.990.730.94-0.950.95-0.970.791.0-0.95-0.950.94
-0.65-0.991.0-0.620.90.860.96-0.88-0.650.920.96-0.88-0.61-0.87-0.76-0.99-0.860.78-0.860.7-0.98-0.640.640.64-0.6
0.59-0.99-0.990.56-0.86-0.82-0.980.840.58-0.96-0.930.840.570.830.710.980.82-0.710.82-0.630.960.58-0.56-0.560.57
-0.671.0-0.99-0.640.910.870.96-0.89-0.660.930.94-0.89-0.65-0.88-0.78-0.99-0.870.77-0.870.7-0.98-0.660.630.63-0.64
1.0-0.620.56-0.64-0.9-0.93-0.420.921.0-0.32-0.680.920.950.930.980.710.93-0.940.94-0.960.771.0-0.95-0.950.94
-0.920.9-0.860.91-0.91.00.76-1.0-0.920.690.9-1.0-0.87-1.0-0.97-0.94-1.00.95-1.00.92-0.97-0.910.880.88-0.87
-0.950.86-0.820.87-0.931.00.71-1.0-0.940.630.88-1.0-0.9-1.0-0.99-0.91-1.00.96-1.00.95-0.95-0.940.910.91-0.89
-0.450.96-0.980.96-0.420.760.71-0.73-0.440.990.86-0.73-0.46-0.73-0.58-0.93-0.720.58-0.710.49-0.9-0.440.40.4-0.46
0.93-0.880.84-0.890.92-1.0-1.0-0.730.93-0.65-0.891.00.891.00.980.931.0-0.961.0-0.940.960.93-0.9-0.90.88
1.0-0.650.58-0.661.0-0.92-0.94-0.440.93-0.35-0.70.930.950.940.990.730.94-0.950.95-0.970.791.0-0.95-0.950.94
-0.350.92-0.960.93-0.320.690.630.99-0.65-0.350.8-0.65-0.38-0.65-0.49-0.88-0.640.48-0.630.38-0.85-0.340.30.3-0.38
-0.70.96-0.930.94-0.680.90.880.86-0.89-0.70.8-0.89-0.58-0.88-0.8-0.96-0.880.87-0.880.8-0.95-0.70.760.76-0.57
0.93-0.880.84-0.890.92-1.0-1.0-0.731.00.93-0.65-0.890.891.00.980.931.0-0.961.0-0.940.960.93-0.9-0.90.88
0.95-0.610.57-0.650.95-0.87-0.9-0.460.890.95-0.38-0.580.890.890.940.690.9-0.820.9-0.850.750.95-0.81-0.811.0
0.94-0.870.83-0.880.93-1.0-1.0-0.731.00.94-0.65-0.881.00.890.980.921.0-0.961.0-0.940.950.94-0.9-0.90.89
0.99-0.760.71-0.780.98-0.97-0.99-0.580.980.99-0.49-0.80.980.940.980.830.98-0.970.99-0.970.880.99-0.94-0.940.93
0.73-0.990.98-0.990.71-0.94-0.91-0.930.930.73-0.88-0.960.930.690.920.830.92-0.840.91-0.771.00.73-0.71-0.710.69
0.94-0.860.82-0.870.93-1.0-1.0-0.721.00.94-0.64-0.881.00.91.00.980.92-0.961.0-0.940.950.94-0.9-0.90.89
-0.950.78-0.710.77-0.940.950.960.58-0.96-0.950.480.87-0.96-0.82-0.96-0.97-0.84-0.96-0.960.99-0.87-0.940.980.98-0.81
0.95-0.860.82-0.870.94-1.0-1.0-0.711.00.95-0.63-0.881.00.91.00.990.911.0-0.96-0.950.940.95-0.91-0.910.89
-0.970.7-0.630.7-0.960.920.950.49-0.94-0.970.380.8-0.94-0.85-0.94-0.97-0.77-0.940.99-0.95-0.82-0.970.990.99-0.84
0.79-0.980.96-0.980.77-0.97-0.95-0.90.960.79-0.85-0.950.960.750.950.881.00.95-0.870.94-0.820.78-0.76-0.760.75
1.0-0.640.58-0.661.0-0.91-0.94-0.440.931.0-0.34-0.70.930.950.940.990.730.94-0.940.95-0.970.78-0.95-0.950.94
-0.950.64-0.560.63-0.950.880.910.4-0.9-0.950.30.76-0.9-0.81-0.9-0.94-0.71-0.90.98-0.910.99-0.76-0.951.0-0.8
-0.950.64-0.560.63-0.950.880.910.4-0.9-0.950.30.76-0.9-0.81-0.9-0.94-0.71-0.90.98-0.910.99-0.76-0.951.0-0.8
0.94-0.60.57-0.640.94-0.87-0.89-0.460.880.94-0.38-0.570.881.00.890.930.690.89-0.810.89-0.840.750.94-0.8-0.8
Click cells to compare fundamentals

Compass Digital Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Compass Stock Analysis

When running Compass Digital's price analysis, check to measure Compass Digital'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 Compass Digital is operating at the current time. Most of Compass Digital's value examination focuses on studying past and present price action to predict the probability of Compass Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Digital's price. Additionally, you may evaluate how the addition of Compass Digital to your portfolios can decrease your overall portfolio volatility.