AES Short Term Investments vs Accounts Payable Analysis

0H6G Stock   12.90  0.47  3.78%   
AES Corp financial indicator trend analysis is way more than just evaluating AES Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES Corp is a good investment. Please check the relationship between AES Corp Short Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AES Corp. 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 Accounts Payable

Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AES Corp Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between AES Corp's Short Term Investments and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of AES Corp, assuming nothing else is changed. The correlation between historical values of AES Corp's Short Term Investments 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 Short Term Investments of AES Corp 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 Short Term Investments i.e., AES Corp's Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

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

Accounts Payable

An accounting item on the balance sheet that represents AES Corp 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 AES Corp 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 AES Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES Corp 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 AES Corp. 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.
At this time, AES Corp's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 164.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.5B2.5B2.2B
Total Revenue11.1B12.6B12.7B10.1B

AES Corp fundamental ratios Correlations

0.670.930.250.64-0.380.390.870.70.38-0.520.610.720.560.410.850.66-0.10.42-0.240.250.990.82-0.130.210.52
0.670.670.610.25-0.90.410.810.78-0.18-0.920.730.790.70.750.70.73-0.640.34-0.560.620.650.86-0.410.210.07
0.930.670.10.74-0.370.320.890.570.46-0.530.440.610.540.330.740.6-0.090.41-0.170.130.930.79-0.05-0.020.63
0.250.610.1-0.24-0.720.630.480.64-0.59-0.630.510.630.730.860.630.55-0.710.08-0.730.850.190.54-0.780.63-0.52
0.640.250.74-0.240.00.210.640.220.81-0.180.10.270.18-0.120.290.30.340.34-0.04-0.380.650.36-0.06-0.520.87
-0.38-0.9-0.37-0.720.0-0.39-0.6-0.660.50.97-0.61-0.62-0.58-0.82-0.56-0.490.88-0.080.79-0.62-0.35-0.610.58-0.280.22
0.390.410.320.630.21-0.390.520.42-0.04-0.340.40.450.730.640.580.44-0.28-0.05-0.570.360.310.45-0.620.3-0.22
0.870.810.890.480.64-0.60.520.740.23-0.70.550.790.780.580.820.79-0.30.45-0.450.390.840.9-0.430.10.4
0.70.780.570.640.22-0.660.420.74-0.11-0.70.750.970.760.540.70.83-0.410.61-0.540.620.690.83-0.370.40.13
0.38-0.180.46-0.590.810.5-0.040.23-0.110.35-0.03-0.05-0.14-0.52-0.060.040.790.320.43-0.580.40.040.37-0.620.85
-0.52-0.92-0.53-0.63-0.180.97-0.34-0.7-0.70.35-0.58-0.66-0.57-0.74-0.62-0.520.81-0.170.77-0.52-0.5-0.660.52-0.210.01
0.610.730.440.510.1-0.610.40.550.75-0.03-0.580.730.50.570.570.62-0.310.35-0.410.540.580.66-0.220.28-0.01
0.720.790.610.630.27-0.620.450.790.97-0.05-0.660.730.820.540.70.94-0.340.65-0.430.630.70.91-0.380.360.16
0.560.70.540.730.18-0.580.730.780.76-0.14-0.570.50.820.670.70.83-0.420.46-0.490.70.510.85-0.490.37-0.07
0.410.750.330.86-0.12-0.820.640.580.54-0.52-0.740.570.540.670.760.49-0.8-0.17-0.690.70.340.61-0.710.58-0.47
0.850.70.740.630.29-0.560.580.820.7-0.06-0.620.570.70.70.760.62-0.450.14-0.480.530.810.79-0.450.590.05
0.660.730.60.550.3-0.490.440.790.830.04-0.520.620.940.830.490.62-0.20.64-0.220.580.640.92-0.360.260.17
-0.1-0.64-0.09-0.710.340.88-0.28-0.3-0.410.790.81-0.31-0.34-0.42-0.8-0.45-0.20.230.76-0.59-0.05-0.330.55-0.480.53
0.420.340.410.080.34-0.08-0.050.450.610.32-0.170.350.650.46-0.170.140.640.230.10.340.460.580.21-0.140.52
-0.24-0.56-0.17-0.73-0.040.79-0.57-0.45-0.540.430.77-0.41-0.43-0.49-0.69-0.48-0.220.760.1-0.4-0.18-0.290.74-0.270.26
0.250.620.130.85-0.38-0.620.360.390.62-0.58-0.520.540.630.70.70.530.58-0.590.34-0.40.220.62-0.370.63-0.46
0.990.650.930.190.65-0.350.310.840.690.4-0.50.580.70.510.340.810.64-0.050.46-0.180.220.8-0.050.190.57
0.820.860.790.540.36-0.610.450.90.830.04-0.660.660.910.850.610.790.92-0.330.58-0.290.620.8-0.280.30.22
-0.13-0.41-0.05-0.78-0.060.58-0.62-0.43-0.370.370.52-0.22-0.38-0.49-0.71-0.45-0.360.550.210.74-0.37-0.05-0.28-0.290.36
0.210.21-0.020.63-0.52-0.280.30.10.4-0.62-0.210.280.360.370.580.590.26-0.48-0.14-0.270.630.190.3-0.29-0.58
0.520.070.63-0.520.870.22-0.220.40.130.850.01-0.010.16-0.07-0.470.050.170.530.520.26-0.460.570.220.36-0.58
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AES Corp Account Relationship Matchups

AES Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.6B34.6B33.0B38.4B44.8B29.6B
Other Current Liab1.6B2.0B2.0B2.7B2.2B2.0B
Total Current Liabilities5.1B5.4B4.7B6.5B9.7B5.1B
Total Stockholder Equity3.9B3.5B4.1B3.8B2.5B3.0B
Property Plant And Equipment Net22.8B23.1B20.2B23.4B30.3B25.6B
Net Debt19.1B18.8B17.8B22.0B26.9B19.7B
Retained Earnings(692M)(680M)(1.1B)(1.6B)(1.4B)(1.3B)
Accounts Payable1.3B1.2B1.2B1.7B2.2B1.3B
Cash1.4B1.4B1.2B1.9B1.4B1.2B
Non Current Assets Total28.4B29.2B27.6B30.7B38.2B33.0B
Non Currrent Assets Other1.5B2.8B3.1B3.2B3.9B4.1B
Other Assets3.1B3.4B3.7B4.2B3.8B3.2B
Cash And Short Term Investments1.8B1.7B1.5B2.6B1.8B1.6B
Common Stock Shares Outstanding665M667M668M666M712M552.1M
Short Term Investments400M335M232M730M395M393.2M
Non Current Liabilities Total22.4B23.6B22.4B26.0B27.6B25.7B
Inventory487M461M604M1.1B712M720.1M
Other Current Assets1.8B2.2B2.2B2.7B2.7B2.4B
Other Stockholder Equity5.9B5.7B7.8B7.5B4.5B5.3B
Total Liab27.5B29.0B27.1B32.5B37.4B24.3B
Total Current Assets5.2B5.4B5.4B7.6B6.6B5.3B
Intangible Assets469M827M1.5B1.8B2.2B1.2B
Short Long Term Debt Total20.5B20.2B19.0B23.9B28.3B23.3B
Liabilities And Stockholders Equity33.6B34.6B33.0B38.4B44.8B40.2B
Accumulated Other Comprehensive Income(2.2B)(2.4B)(2.2B)(1.6B)(1.5B)(1.6B)
Short Term Debt1.9B1.4B1.4B1.8B5.1B5.4B
Current Deferred Revenue172M438M85M104M103M147.0M
Long Term Debt17.8B17.6B18.2B18.4B21.1B19.9B
Capital Surpluse8.5B8.2B7.8B7.6B6.8B6.5B
Treasury Stock(1.9B)(1.9B)(1.9B)(1.9B)(2.1B)(2.2B)
Property Plant Equipment22.8B23.1B20.2B23.4B26.9B23.8B
Other Liab4.7B5.7B6.0B3.9B4.5B5.4B
Net Tangible Assets1.5B746M(654M)(604M)(543.6M)(516.4M)
Deferred Long Term Liab530M587M834M724M832.6M690.1M

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