Aerospace Long Term Investments vs Long Term Debt Analysis

000901 Stock   12.05  0.37  3.17%   
Aerospace financial indicator trend analysis is way more than just evaluating Aerospace Hi Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aerospace Hi Tech is a good investment. Please check the relationship between Aerospace Long Term Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerospace Hi Tech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aerospace Hi Tech Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aerospace's Long Term Investments and Long Term Debt is 0.56. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Aerospace Hi Tech Holding, assuming nothing else is changed. The correlation between historical values of Aerospace's Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Aerospace Hi Tech Holding are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Aerospace's Long Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Aerospace balance sheet that represents investments Aerospace Hi Tech intends to hold for over a year. Aerospace Hi Tech Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt

Long-term debt is a debt that Aerospace Hi Tech has held for over one year. Long-term debt appears on Aerospace Hi Tech Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aerospace Hi Tech Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aerospace Hi Tech 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 Aerospace Hi Tech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 19, 2024, Selling General Administrative is expected to decline to about 204.2 M. In addition to that, Tax Provision is expected to decline to about 20.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B1.1B1.2B
Research Development280.1M296.3M377.9M305.4M

Aerospace fundamental ratios Correlations

0.190.980.970.980.360.960.820.920.930.970.740.970.760.920.950.830.530.91-0.610.530.860.8-0.750.87-0.74
0.190.030.320.270.42-0.050.540.040.25-0.030.550.020.440.07-0.05-0.090.150.2-0.010.540.040.12-0.5-0.03-0.29
0.980.030.90.950.270.990.70.920.890.990.620.990.680.920.970.880.540.85-0.610.430.820.76-0.640.86-0.67
0.970.320.90.950.480.890.880.860.910.90.810.890.80.890.880.690.50.93-0.540.650.890.82-0.820.83-0.81
0.980.270.950.950.410.910.830.870.940.920.750.940.820.850.890.80.460.87-0.520.540.820.74-0.760.79-0.78
0.360.420.270.480.410.170.460.00.550.20.760.20.770.130.110.260.330.210.420.550.440.28-0.190.0-0.46
0.96-0.050.990.890.910.170.660.960.851.00.540.990.590.950.990.830.520.88-0.680.390.830.78-0.660.91-0.67
0.820.540.70.880.830.460.660.690.790.690.890.70.820.710.670.520.420.83-0.510.610.730.76-0.780.71-0.66
0.920.040.920.860.870.00.960.690.770.950.480.950.470.960.980.740.450.91-0.840.380.780.78-0.740.95-0.61
0.930.250.890.910.940.550.850.790.770.860.780.870.850.780.820.810.540.78-0.380.430.840.69-0.640.69-0.75
0.97-0.030.990.90.920.21.00.690.950.860.580.990.610.950.990.850.540.88-0.680.410.840.79-0.660.91-0.66
0.740.550.620.810.750.760.540.890.480.780.580.60.910.550.510.550.450.64-0.190.650.660.63-0.60.49-0.59
0.970.020.990.890.940.20.990.70.950.870.990.60.640.930.980.890.520.86-0.680.390.810.76-0.650.88-0.63
0.760.440.680.80.820.770.590.820.470.850.610.910.640.50.540.620.370.63-0.080.570.720.6-0.540.46-0.7
0.920.070.920.890.850.130.950.710.960.780.950.550.930.50.970.710.540.93-0.780.510.830.86-0.690.95-0.57
0.95-0.050.970.880.890.110.990.670.980.820.990.510.980.540.970.810.480.9-0.750.410.840.81-0.660.94-0.62
0.83-0.090.880.690.80.260.830.520.740.810.850.550.890.620.710.810.510.6-0.450.190.670.56-0.350.65-0.43
0.530.150.540.50.460.330.520.420.450.540.540.450.520.370.540.480.510.38-0.250.190.370.32-0.310.37-0.35
0.910.20.850.930.870.210.880.830.910.780.880.640.860.630.930.90.60.38-0.740.60.90.91-0.810.95-0.7
-0.61-0.01-0.61-0.54-0.520.42-0.68-0.51-0.84-0.38-0.68-0.19-0.68-0.08-0.78-0.75-0.45-0.25-0.74-0.21-0.49-0.640.58-0.850.22
0.530.540.430.650.540.550.390.610.380.430.410.650.390.570.510.410.190.190.6-0.210.540.7-0.50.48-0.41
0.860.040.820.890.820.440.830.730.780.840.840.660.810.720.830.840.670.370.9-0.490.540.88-0.590.84-0.68
0.80.120.760.820.740.280.780.760.780.690.790.630.760.60.860.810.560.320.91-0.640.70.88-0.550.9-0.46
-0.75-0.5-0.64-0.82-0.76-0.19-0.66-0.78-0.74-0.64-0.66-0.6-0.65-0.54-0.69-0.66-0.35-0.31-0.810.58-0.5-0.59-0.55-0.680.84
0.87-0.030.860.830.790.00.910.710.950.690.910.490.880.460.950.940.650.370.95-0.850.480.840.9-0.68-0.54
-0.74-0.29-0.67-0.81-0.78-0.46-0.67-0.66-0.61-0.75-0.66-0.59-0.63-0.7-0.57-0.62-0.43-0.35-0.70.22-0.41-0.68-0.460.84-0.54
Click cells to compare fundamentals

Aerospace Account Relationship Matchups

Aerospace fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B7.3B7.6B8.4B8.8B9.2B
Other Current Liab180.8M447.9M307.7M30.1M33.6M31.9M
Total Current Liabilities1.9B1.8B1.9B2.3B2.9B3.0B
Total Stockholder Equity4.1B4.3B4.2B4.3B4.2B4.4B
Other Liab334.5M372.1M389.3M393.2M452.2M474.8M
Retained Earnings1.0B340.3M364.9M322.7M169.5M326.1M
Accounts Payable1.1B1.1B1.3B1.6B2.0B2.1B
Cash863.7M1.2B1.2B1.1B988.3M507.0M
Other Assets236.7M298.5M558.4M637.7M733.3M770.0M
Net Receivables1.5B943.4M1.7B1.2B1.5B1.6B
Inventory1.2B1.2B1.3B1.8B2.0B2.1B
Other Current Assets270.0M240.5M239.9M257.5M161.6M130.8M
Total Liab2.7B2.8B3.2B3.9B4.4B4.6B
Intangible Assets510.6M299.9M308.9M327.6M355.6M187.8M
Property Plant Equipment1.4B1.5B1.7B2.0B2.3B2.4B
Long Term Debt432.0M210.7M341.5M503.8M502.0M527.1M
Net Tangible Assets2.8B3.8B3.7B3.7B4.3B3.1B
Good Will942.5M383.5M353.2M360.8M377.2M538.1M
Other Stockholder Equity73.6M91.1M150.5M(15.9M)(18.3M)(17.4M)
Deferred Long Term Liab119.2M172.4M100.5M140.5M161.6M124.8M
Short Long Term Debt348.9M14.5M80.7M142.6M231.8M147.1M
Total Current Assets3.9B4.5B4.5B5.0B5.2B4.5B
Non Current Assets Total3.1B2.8B3.1B3.4B3.6B3.3B
Non Currrent Assets Other45.5M312.8M332.8M228.6M271.6M176.5M
Non Current Liabilities Total795.6M993.6M1.2B1.6B1.5B1.1B
Non Current Liabilities Other103.5M112.6M110.2M101.3M149.2M112.4M
Net Invested Capital4.6B4.6B4.6B4.9B4.9B5.0B
Net Working Capital2.0B2.7B2.6B2.6B2.3B2.5B

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Other Information on Investing in Aerospace Stock

Balance Sheet is a snapshot of the financial position of Aerospace Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. Aerospace Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aerospace and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aerospace currently owns. An asset can also be divided into two categories, current and non-current.