| GRABW Stock | | | USD 0.23 0.02 9.52% |
Grab Holdings financial indicator trend analysis is much more than just examining Grab Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grab Holdings Limited is a good investment. Please check the relationship between Grab Holdings Other Current Liab and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Grab Stock please use our
How to Invest in Grab Holdings guide.
Other Current Liab vs Accounts Payable
Other Current Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grab Holdings Limited Other Current Liab account and
Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Grab Holdings' Other Current Liab and Accounts Payable is -0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Grab Holdings Limited, assuming nothing else is changed. The correlation between historical values of Grab Holdings' Other Current Liab 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 Other Current Liab of Grab Holdings Limited 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 Other Current Liab i.e., Grab Holdings' Other Current Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.91 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Current Liab
Accounts Payable
An accounting item on the balance sheet that represents Grab Holdings 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 Grab Holdings Limited 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 Grab Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grab Holdings Limited 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Grab Stock please use our
How to Invest in Grab Holdings guide.At this time, Grab Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, whereas
Selling General Administrative is likely to drop slightly above 521.8
M in 2024.
Grab Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Grab Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Grab Stock Analysis
When running Grab Holdings' price analysis, check to
measure Grab Holdings' 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 Grab Holdings is operating at the current time. Most of Grab Holdings' value examination focuses on studying past and present price action to
predict the probability of Grab Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grab Holdings' price. Additionally, you may evaluate how the addition of Grab Holdings to your portfolios can decrease your overall portfolio volatility.