Aerospace Short Term Investments vs Other Stockholder Equity Analysis

000901 Stock   11.44  0.05  0.44%   
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 Short Term Investments and its Other Stockholder Equity 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.

Short Term Investments vs Other Stockholder Equity

Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aerospace Hi Tech Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
Short Term InvestmentsOther Stockholder EquityDiversified AwayShort Term InvestmentsOther Stockholder EquityDiversified Away100%
The correlation between Aerospace's Short Term Investments and Other Stockholder Equity is 0.19. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity 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 Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Aerospace Hi Tech Holding are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., Aerospace's Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Aerospace balance sheet. It contains any investments Aerospace Hi Tech Holding undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aerospace Hi Tech can easily liquidate in the marketplace.

Other Stockholder Equity

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 29, 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
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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.