Advanced Retained Earnings vs Other Assets Analysis

688012 Stock   188.60  0.60  0.32%   
Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Fabri prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Fabri is a good investment. Please check the relationship between Advanced Micro Retained Earnings and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Fabrication. 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.

Retained Earnings vs Other Assets

Retained Earnings vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Fabri Retained Earnings account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Advanced Micro's Retained Earnings and Other Assets is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Assets in the same time period over historical financial statements of Advanced Micro Fabrication, assuming nothing else is changed. The correlation between historical values of Advanced Micro's Retained Earnings and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Advanced Micro Fabrication are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Retained Earnings i.e., Advanced Micro's Retained Earnings and Other Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Assets

Most indicators from Advanced Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Micro Fabri 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 Advanced Micro Fabrication. 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.
The current year's Tax Provision is expected to grow to about 273.4 M, whereas Selling General Administrative is forecasted to decline to about 406.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit2.2B2.9B3.3B3.5B
Total Revenue4.7B6.3B7.2B7.6B

Advanced Micro fundamental ratios Correlations

-0.740.831.00.840.990.960.970.970.980.990.680.91-0.190.970.91-0.710.80.670.71.0-0.080.97-0.640.98-0.65
-0.74-0.58-0.74-0.64-0.7-0.82-0.79-0.59-0.8-0.71-0.65-0.790.18-0.84-0.740.69-0.55-0.7-0.62-0.71-0.34-0.80.6-0.610.52
0.83-0.580.80.740.790.720.790.820.830.790.490.710.140.790.71-0.390.990.40.570.82-0.280.72-0.370.86-0.32
1.0-0.740.80.850.990.970.970.970.980.990.710.91-0.220.970.91-0.740.770.70.691.0-0.050.98-0.670.97-0.65
0.84-0.640.740.850.880.860.770.840.790.870.850.66-0.090.760.68-0.790.710.760.380.85-0.050.86-0.710.79-0.27
0.99-0.70.790.990.880.970.940.980.951.00.740.86-0.180.940.86-0.770.760.730.611.0-0.030.97-0.70.96-0.59
0.96-0.820.720.970.860.970.950.910.950.960.810.9-0.340.960.9-0.850.670.80.660.960.120.99-0.790.89-0.62
0.97-0.790.790.970.770.940.950.910.980.950.630.97-0.290.990.95-0.670.750.680.820.96-0.060.96-0.560.93-0.72
0.97-0.590.820.970.840.980.910.910.930.980.650.83-0.120.90.83-0.680.80.630.590.99-0.160.92-0.610.99-0.57
0.98-0.80.830.980.790.950.950.980.930.950.620.94-0.210.990.95-0.660.80.620.780.97-0.090.96-0.590.95-0.71
0.99-0.710.790.990.871.00.960.950.980.950.740.88-0.190.940.86-0.770.760.750.620.99-0.040.97-0.680.96-0.6
0.68-0.650.490.710.850.740.810.630.650.620.740.56-0.30.640.52-0.960.430.930.210.690.420.77-0.910.56-0.17
0.91-0.790.710.910.660.860.90.970.830.940.880.56-0.430.970.97-0.60.650.640.90.890.030.92-0.50.86-0.77
-0.190.180.14-0.22-0.09-0.18-0.34-0.29-0.12-0.21-0.19-0.3-0.43-0.27-0.460.350.26-0.34-0.51-0.17-0.29-0.330.37-0.10.39
0.97-0.840.790.970.760.940.960.990.90.990.940.640.97-0.270.95-0.680.760.670.80.950.020.97-0.60.92-0.72
0.91-0.740.710.910.680.860.90.950.830.950.860.520.97-0.460.95-0.570.650.540.90.89-0.090.92-0.520.87-0.78
-0.710.69-0.39-0.74-0.79-0.77-0.85-0.67-0.68-0.66-0.77-0.96-0.60.35-0.68-0.57-0.34-0.94-0.25-0.73-0.45-0.810.94-0.590.32
0.8-0.550.990.770.710.760.670.750.80.80.760.430.650.260.760.65-0.340.350.510.79-0.310.68-0.310.84-0.3
0.67-0.70.40.70.760.730.80.680.630.620.750.930.64-0.340.670.54-0.940.350.30.690.470.78-0.80.54-0.3
0.7-0.620.570.690.380.610.660.820.590.780.620.210.9-0.510.80.9-0.250.510.30.66-0.160.7-0.170.67-0.77
1.0-0.710.821.00.851.00.960.960.990.970.990.690.89-0.170.950.89-0.730.790.690.66-0.070.97-0.650.98-0.63
-0.08-0.34-0.28-0.05-0.05-0.030.12-0.06-0.16-0.09-0.040.420.03-0.290.02-0.09-0.45-0.310.47-0.16-0.070.07-0.43-0.230.08
0.97-0.80.720.980.860.970.990.960.920.960.970.770.92-0.330.970.92-0.810.680.780.70.970.07-0.730.91-0.66
-0.640.6-0.37-0.67-0.71-0.7-0.79-0.56-0.61-0.59-0.68-0.91-0.50.37-0.6-0.520.94-0.31-0.8-0.17-0.65-0.43-0.73-0.530.27
0.98-0.610.860.970.790.960.890.930.990.950.960.560.86-0.10.920.87-0.590.840.540.670.98-0.230.91-0.53-0.64
-0.650.52-0.32-0.65-0.27-0.59-0.62-0.72-0.57-0.71-0.6-0.17-0.770.39-0.72-0.780.32-0.3-0.3-0.77-0.630.08-0.660.27-0.64
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Advanced Micro Account Relationship Matchups

Advanced Micro fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.8B16.7B20.0B21.5B24.8B26.0B
Other Current Liab608.2M1.7B52.1M83.6M75.2M71.5M
Total Current Liabilities1.2B2.6B3.9B3.6B4.2B2.3B
Total Stockholder Equity4.4B13.9B15.5B17.8B20.5B21.5B
Other Liab67.3M126.7M198.9M217.2M249.8M139.0M
Net Tangible Assets2.1B3.5B4.1B13.4B15.4B16.1B
Retained Earnings36.8M1.0B2.0B3.6B4.1B4.3B
Accounts Payable422.2M734.6M960.1M1.3B1.5B1.6B
Cash1.1B8.7B7.3B7.1B8.2B8.6B
Non Current Assets Total1.6B3.0B5.4B6.4B7.4B7.8B
Other Assets357.8M300.7M457.8M1.2B1.4B1.5B
Net Receivables278.9M508.6M618.8M1.2B1.3B1.4B
Non Current Liabilities Total198.9M221.6M633.3M78.8M90.6M86.1M
Inventory1.1B1.8B3.4B4.3B4.9B5.1B
Other Current Assets79.7M150.1M146.8M494.8M569.0M597.5M
Other Stockholder Equity(18.8M)(17.3M)(22.0M)(12.3M)(11.1M)(10.5M)
Total Liab1.4B2.8B4.6B3.7B4.3B2.6B
Deferred Long Term Liab333.4M239.9M273.9M252.1M289.9M231.4M
Total Current Assets4.2B13.7B14.7B15.1B17.4B18.2B
Non Current Liabilities Other16.1M11.1M20.2M17.6M15.8M17.1M
Intangible Assets560.5M825.0M909.3M1.2B1.4B1.4B
Property Plant Equipment163.3M162.4M196.9M640.8M737.0M773.8M
Net Invested Capital4.4B14.0B16.0B18.3B21.1B22.1B
Net Working Capital3.0B11.2B10.7B11.5B13.2B13.8B
Non Currrent Assets Other144.2M133.8M861.5M22.9M26.4M25.1M
Property Plant And Equipment Net196.9M640.8M1.4B2.9B3.3B3.5B
Short Term Investments1.5B2.5B2.9B1.9B2.1B2.2B
Property Plant And Equipment Gross545.7M1.0B1.7B2.9B3.3B3.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Advanced Stock

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