Bomin Cash vs Accounts Payable Analysis

603936 Stock

8.79 0.14 1.62%

Bomin Electronics financial indicator trend analysis is way more than just evaluating Bomin Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bomin Electronics is a good investment. Please check the relationship between Bomin Electronics Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bomin Electronics Co. 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.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bomin Electronics Cash account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bomin Electronics' Cash and Accounts Payable is 0.82. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bomin Electronics Co, assuming nothing else is changed. The correlation between historical values of Bomin Electronics' Cash 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 Cash of Bomin Electronics Co 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 Cash i.e., Bomin Electronics' Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Bomin Electronics, which is listed under current asset account on Bomin Electronics Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bomin Electronics customers. The amounts must be unrestricted with restricted cash listed in a different Bomin Electronics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents Bomin Electronics 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 Bomin Electronics 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 Bomin Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bomin Electronics 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 Bomin Electronics Co. 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 November 30, 2024, Selling General Administrative is expected to decline to about 73.4 M. The current year's Tax Provision is expected to grow to about (22.7 M)

	2021	2022	2023	2024 (projected)
Cost Of Revenue	2.9B	2.4B	2.6B	1.8B
Research Development	142.8M	130.9M	132.9M	99.2M

Cost Of Revenue Research Development

Bomin Electronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Short Term Investments	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.55	0.97	0.91	0.88	0.86	0.96	0.88	0.89	0.75	0.97	0.96	0.51	0.99	0.91	0.98	0.84	0.97	0.3	0.72	0.96	0.97	0.88	0.97	0.89	0.78
Other Current Liab	0.55		0.58	0.4	0.26	0.79	0.46	0.72	0.28	0.02	0.63	0.59	-0.3	0.5	0.52	0.56	0.17	0.48	0.63	0.05	0.52	0.5	0.66	0.45	0.28	0.08
Total Current Liabilities	0.97	0.58		0.88	0.86	0.91	0.99	0.89	0.89	0.69	0.99	0.99	0.44	0.99	0.86	0.93	0.83	0.92	0.24	0.69	0.98	0.93	0.9	0.94	0.87	0.74
Total Stockholder Equity	0.91	0.4	0.88		0.97	0.79	0.87	0.82	0.97	0.89	0.88	0.88	0.72	0.89	0.84	0.88	0.94	0.9	0.28	0.85	0.9	0.93	0.81	0.94	0.84	0.91
Other Liab	0.88	0.26	0.86	0.97		0.74	0.87	0.75	0.99	0.94	0.84	0.83	0.76	0.89	0.84	0.85	0.98	0.89	0.13	0.9	0.88	0.91	0.71	0.94	0.87	0.96
Retained Earnings	0.86	0.79	0.91	0.79	0.74		0.85	0.92	0.76	0.52	0.91	0.89	0.18	0.86	0.84	0.85	0.68	0.82	0.37	0.5	0.85	0.83	0.81	0.81	0.71	0.57
Accounts Payable	0.96	0.46	0.99	0.87	0.87	0.85		0.82	0.89	0.73	0.96	0.97	0.5	0.99	0.86	0.92	0.85	0.92	0.12	0.71	0.96	0.92	0.86	0.94	0.89	0.76
Cash	0.88	0.72	0.89	0.82	0.75	0.92	0.82		0.77	0.54	0.92	0.87	0.27	0.85	0.8	0.88	0.65	0.83	0.52	0.5	0.83	0.88	0.8	0.83	0.75	0.59
Other Assets	0.89	0.28	0.89	0.97	0.99	0.76	0.89	0.77		0.91	0.86	0.87	0.74	0.9	0.82	0.85	0.98	0.88	0.08	0.88	0.9	0.89	0.74	0.94	0.89	0.94
Long Term Debt	0.75	0.02	0.69	0.89	0.94	0.52	0.73	0.54	0.91		0.67	0.67	0.9	0.76	0.69	0.71	0.97	0.77	0.07	0.97	0.75	0.77	0.56	0.83	0.72	0.99
Net Receivables	0.97	0.63	0.99	0.88	0.84	0.91	0.96	0.92	0.86	0.67		0.99	0.42	0.97	0.83	0.92	0.79	0.9	0.34	0.67	0.97	0.93	0.93	0.92	0.83	0.71
Inventory	0.96	0.59	0.99	0.88	0.83	0.89	0.97	0.87	0.87	0.67	0.99		0.45	0.97	0.82	0.91	0.81	0.88	0.26	0.65	0.98	0.91	0.94	0.91	0.84	0.7
Other Current Assets	0.51	-0.3	0.44	0.72	0.76	0.18	0.5	0.27	0.74	0.9	0.42	0.45		0.51	0.41	0.45	0.82	0.53	-0.06	0.86	0.53	0.56	0.39	0.6	0.56	0.87
Total Liab	0.99	0.5	0.99	0.89	0.89	0.86	0.99	0.85	0.9	0.76	0.97	0.97	0.51		0.89	0.95	0.86	0.95	0.22	0.74	0.97	0.95	0.86	0.97	0.89	0.79
Intangible Assets	0.91	0.52	0.86	0.84	0.84	0.84	0.86	0.8	0.82	0.69	0.83	0.82	0.41	0.89		0.96	0.77	0.98	0.24	0.62	0.8	0.93	0.7	0.91	0.85	0.74
Common Stock	0.98	0.56	0.93	0.88	0.85	0.85	0.92	0.88	0.85	0.71	0.92	0.91	0.45	0.95	0.96		0.79	0.99	0.36	0.65	0.89	0.98	0.81	0.95	0.87	0.75
Property Plant Equipment	0.84	0.17	0.83	0.94	0.98	0.68	0.85	0.65	0.98	0.97	0.79	0.81	0.82	0.86	0.77	0.79		0.84	0.03	0.94	0.86	0.84	0.69	0.9	0.81	0.98
Net Tangible Assets	0.97	0.48	0.92	0.9	0.89	0.82	0.92	0.83	0.88	0.77	0.9	0.88	0.53	0.95	0.98	0.99	0.84		0.28	0.72	0.88	0.98	0.78	0.97	0.89	0.81
Short Term Investments	0.3	0.63	0.24	0.28	0.13	0.37	0.12	0.52	0.08	0.07	0.34	0.26	-0.06	0.22	0.24	0.36	0.03	0.28		0.01	0.22	0.37	0.39	0.19	0.0	0.08
Deferred Long Term Liab	0.72	0.05	0.69	0.85	0.9	0.5	0.71	0.5	0.88	0.97	0.67	0.65	0.86	0.74	0.62	0.65	0.94	0.72	0.01		0.77	0.71	0.57	0.82	0.68	0.96
Short Long Term Debt	0.96	0.52	0.98	0.9	0.88	0.85	0.96	0.83	0.9	0.75	0.97	0.98	0.53	0.97	0.8	0.89	0.86	0.88	0.22	0.77		0.91	0.92	0.94	0.84	0.78
Total Current Assets	0.97	0.5	0.93	0.93	0.91	0.83	0.92	0.88	0.89	0.77	0.93	0.91	0.56	0.95	0.93	0.98	0.84	0.98	0.37	0.71	0.91		0.83	0.96	0.89	0.81
Short Term Debt	0.88	0.66	0.9	0.81	0.71	0.81	0.86	0.8	0.74	0.56	0.93	0.94	0.39	0.86	0.7	0.81	0.69	0.78	0.39	0.57	0.92	0.83		0.8	0.67	0.59
Non Current Assets Total	0.97	0.45	0.94	0.94	0.94	0.81	0.94	0.83	0.94	0.83	0.92	0.91	0.6	0.97	0.91	0.95	0.9	0.97	0.19	0.82	0.94	0.96	0.8		0.92	0.87
Non Currrent Assets Other	0.89	0.28	0.87	0.84	0.87	0.71	0.89	0.75	0.89	0.72	0.83	0.84	0.56	0.89	0.85	0.87	0.81	0.89	0.0	0.68	0.84	0.89	0.67	0.92		0.77
Non Current Liabilities Total	0.78	0.08	0.74	0.91	0.96	0.57	0.76	0.59	0.94	0.99	0.71	0.7	0.87	0.79	0.74	0.75	0.98	0.81	0.08	0.96	0.78	0.81	0.59	0.87	0.77

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Bomin Electronics Account Relationship Matchups

Bomin Electronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	5.6B	6.6B	6.9B	8.0B	4.1B
Other Current Liab	289.2M	384.8M	258.9M	326.7M	251.3K	238.7K
Total Current Liabilities	1.7B	1.6B	2.5B	2.4B	2.3B	1.5B
Total Stockholder Equity	2.5B	3.5B	3.6B	3.7B	4.6B	4.8B
Other Liab	95.7M	118.6M	174.4M	190.7M	219.3M	230.3M
Retained Earnings	771.5M	996.1M	1.2B	1.3B	606.7M	683.4M
Accounts Payable	812.7M	824.4M	1.3B	1.3B	1.3B	863.8M
Cash	504.0M	503.3M	596.9M	483.9M	395.0M	332.8M
Other Assets	162.7M	175.7M	335.9M	338.2M	389.0M	408.4M
Long Term Debt	223.2M	289.1M	245.9M	592.2M	885.5M	929.8M
Net Receivables	964.2M	864.7M	1.2B	1.2B	1.1B	751.9M
Inventory	385.1M	374.3M	531.8M	488.6M	507.4M	345.9M
Other Current Assets	95.7M	65.4M	50.8M	87.7M	789.6M	829.1M
Total Liab	2.0B	2.1B	2.9B	3.2B	3.4B	1.9B
Intangible Assets	36.9M	97.7M	97.3M	99.5M	96.4M	59.8M
Property Plant Equipment	1.3B	1.5B	2.1B	2.9B	3.4B	3.5B
Net Tangible Assets	1.4B	2.4B	2.4B	2.5B	2.9B	1.7B
Deferred Long Term Liab	26.5M	13.7M	13.6M	69.9M	80.4M	84.4M
Short Long Term Debt	519.8M	379.3M	659.8M	769.5M	764.4M	494.6M
Total Current Assets	1.9B	2.6B	2.7B	2.4B	3.1B	2.1B
Non Current Assets Total	2.5B	3.0B	3.8B	4.5B	4.9B	3.2B
Non Currrent Assets Other	84.5M	84.1M	217.7M	146.2M	211.0M	124.7M
Non Current Liabilities Total	319.0M	421.6M	464.1M	812.2M	1.1B	1.2B
Net Debt	206.4M	165.1M	308.7M	877.8M	1.3B	1.3B
Other Stockholder Equity	2.8M	(14.0M)	(19.6M)	2.0B	2.3B	2.4B
Net Invested Capital	3.2B	4.2B	4.5B	5.0B	6.2B	4.3B
Net Working Capital	251.6M	932.5M	289.7M	(11.0M)	807.8M	848.2M

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Other Information on Investing in Bomin Stock

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

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Bomin Cash vs Accounts Payable Analysis

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash

Accounts Payable

Bomin Electronics fundamental ratios Correlations

Bomin Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bomin Electronics fundamental ratios Accounts

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Other Information on Investing in Bomin Stock

COMMON DESTINATIONS

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Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Other Assets	+ 0.99	Other Liab

Other Current Assets	- 0.3	Other Current Liab
Short Term Investments	- 0.06	Other Current Assets
Non Currrent Assets Other	- 0.0	Short Term Investments