Power Long Term Investments vs Accounts Payable Analysis

601669 Stock   5.57  0.03  0.54%   
Power Construction financial indicator trend analysis is much more than just breaking down Power Construction Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Construction Corp is a good investment. Please check the relationship between Power Construction Long Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Power Construction 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 nation.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Construction Corp Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Power Construction's Long Term Investments and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Power Construction Corp, assuming nothing else is changed. The correlation between historical values of Power Construction's Long 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 Long Term Investments of Power Construction 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 Long Term Investments i.e., Power Construction's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

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

Accounts Payable

An accounting item on the balance sheet that represents Power Construction 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 Power Construction 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 Power Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Construction 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 Power Construction 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 nation.
As of December 12, 2024, Selling General Administrative is expected to decline to about 4.2 B. In addition to that, Tax Provision is expected to decline to about 3.4 B
 2021 2022 2023 2024 (projected)
Operating Income27.0B30.2B36.8B38.7B
Total Revenue448.9B572.6B609.4B639.9B

Power Construction fundamental ratios Correlations

0.60.990.990.880.90.820.880.91.00.910.230.821.00.90.940.970.57-0.83-0.930.740.940.950.270.950.12
0.60.550.560.350.390.180.550.370.620.550.690.770.580.420.490.48-0.21-0.37-0.520.120.520.640.110.490.13
0.990.550.990.860.90.830.90.890.990.920.210.771.00.890.960.990.58-0.8-0.910.720.930.940.350.930.18
0.990.560.990.880.90.840.860.890.990.890.150.830.990.90.940.980.6-0.85-0.920.770.920.930.240.940.06
0.880.350.860.880.970.960.710.980.870.74-0.040.740.870.990.790.830.82-0.88-0.960.940.880.830.110.960.09
0.90.390.90.90.970.970.810.990.90.830.060.730.910.980.860.880.79-0.83-0.950.880.90.840.240.940.22
0.820.180.830.840.960.970.730.970.810.74-0.180.620.830.950.790.830.9-0.82-0.90.940.840.750.230.890.17
0.880.550.90.860.710.810.730.780.870.860.30.660.890.740.910.90.44-0.6-0.740.550.760.780.440.760.29
0.90.370.890.890.980.990.970.780.890.810.030.730.890.990.830.860.8-0.82-0.970.90.920.860.250.950.22
1.00.620.990.990.870.90.810.870.890.910.270.841.00.90.930.970.55-0.82-0.920.740.920.940.230.940.09
0.910.550.920.890.740.830.740.860.810.910.370.710.920.790.930.930.46-0.6-0.810.560.880.850.40.790.31
0.230.690.210.15-0.040.06-0.180.30.030.270.370.320.230.00.270.17-0.510.18-0.08-0.320.180.290.160.080.29
0.820.770.770.830.740.730.620.660.730.840.710.320.80.770.710.740.31-0.68-0.820.640.750.79-0.020.78-0.08
1.00.581.00.990.870.910.830.890.891.00.920.230.80.90.950.980.57-0.81-0.920.730.930.940.30.940.14
0.90.420.890.90.990.980.950.740.990.90.790.00.770.90.810.850.79-0.87-0.990.920.930.880.190.970.16
0.940.490.960.940.790.860.790.910.830.930.930.270.710.950.810.970.53-0.67-0.810.630.870.860.420.830.25
0.970.480.990.980.830.880.830.90.860.970.930.170.740.980.850.970.59-0.77-0.860.710.890.880.330.880.13
0.57-0.210.580.60.820.790.90.440.80.550.46-0.510.310.570.790.530.59-0.75-0.70.910.610.480.070.710.02
-0.83-0.37-0.8-0.85-0.88-0.83-0.82-0.6-0.82-0.82-0.60.18-0.68-0.81-0.87-0.67-0.77-0.750.87-0.88-0.75-0.740.09-0.90.18
-0.93-0.52-0.91-0.92-0.96-0.95-0.9-0.74-0.97-0.92-0.81-0.08-0.82-0.92-0.99-0.81-0.86-0.70.87-0.87-0.95-0.93-0.21-0.98-0.17
0.740.120.720.770.940.880.940.550.90.740.56-0.320.640.730.920.630.710.91-0.88-0.870.740.67-0.060.87-0.12
0.940.520.930.920.880.90.840.760.920.920.880.180.750.930.930.870.890.61-0.75-0.950.740.980.420.930.33
0.950.640.940.930.830.840.750.780.860.940.850.290.790.940.880.860.880.48-0.74-0.930.670.980.390.930.27
0.270.110.350.240.110.240.230.440.250.230.40.16-0.020.30.190.420.330.070.09-0.21-0.060.420.390.170.88
0.950.490.930.940.960.940.890.760.950.940.790.080.780.940.970.830.880.71-0.9-0.980.870.930.930.170.09
0.120.130.180.060.090.220.170.290.220.090.310.29-0.080.140.160.250.130.020.18-0.17-0.120.330.270.880.09
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Power Construction Account Relationship Matchups

Power Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets813.2B886.5B964.0B1.0T1.2T596.8B
Other Current Liab187.4B229.4B213.0B202.3B19.3B18.3B
Total Current Liabilities353.1B381.7B408.9B472.5B544.2B279.8B
Total Stockholder Equity107.5B118.0B125.0B151.9B160.6B80.5B
Other Liab20.1B24.2B23.6B26.2B30.1B31.6B
Retained Earnings44.6B50.7B56.6B63.0B69.3B72.8B
Accounts Payable120.5B131.1B147.4B220.6B254.0B266.7B
Cash70.0B82.4B70.1B101.0B97.5B65.3B
Other Assets126.3B122.1B133.5B157.1B180.6B189.7B
Long Term Debt253.9B256.7B284.9B299.3B322.8B173.6B
Net Receivables95.6B56.1B101.6B100.4B106.3B67.4B
Inventory156.4B122.7B125.8B17.0B16.9B16.1B
Other Current Assets48.6B43.5B36.2B52.5B25.3B25.4B
Total Liab619.8B662.6B723.8B799.7B894.1B468.0B
Intangible Assets181.8B201.5B228.0B267.8B267.7B281.1B
Property Plant Equipment117.3B114.8B127.6B154.2B177.3B95.6B
Short Term Investments13.9M82.1M206.0M300.0M577.5M606.4M
Good Will995.9M530.0M364.0M375.7M384.3M650.0M
Net Tangible Assets(76.0B)(84.0B)(103.4B)(116.3B)(104.7B)(99.5B)
Other Stockholder Equity21.0B24.6B24.2B35.8B41.2B43.3B
Deferred Long Term Liab1.3B1.1B1.3B1.4B1.6B1.1B
Short Long Term Debt14.6B15.6B5.1B23.7B32.6B20.1B
Total Current Assets370.6B416.3B424.5B415.7B457.7B395.8B
Non Current Assets Total442.5B470.3B539.5B624.3B696.1B501.5B
Non Currrent Assets Other5.3B64.4B68.5B86.8B98.1B103.0B
Non Current Liabilities Total267.0B280.9B315.0B327.2B350.0B287.6B
Non Current Liabilities Other6.1B7.9B16.7B14.5B7.1B10.4B
Net Debt190.2B189.9B219.9B222.0B257.9B215.9B
Net Invested Capital365.8B390.4B415.0B474.9B516.0B435.1B
Net Working Capital18.0B34.6B15.6B(56.8B)(86.4B)(82.1B)

Currently Active Assets on Macroaxis

Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power Construction Corp at a specified time, usually calculated after every quarter, six months, or one year. Power Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Construction 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 Power currently owns. An asset can also be divided into two categories, current and non-current.