Advanced Total Current Liabilities vs Retained Earnings Analysis

688012 Stock   205.80  11.22  5.17%   
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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Fabri Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Advanced Micro's Total Current Liabilities and Retained Earnings is 0.64. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Advanced Micro Fabrication are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Advanced Micro's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Advanced Micro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Advanced Micro Fabrication are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
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 237.7 M, whereas Selling General Administrative is forecasted to decline to about 406.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B2.2B2.9B3.0B
Total Revenue3.1B4.7B6.3B6.6B

Advanced Micro fundamental ratios Correlations

-0.680.811.00.840.990.950.960.90.980.990.670.87-0.050.960.88-0.710.770.670.550.93-0.040.9-0.630.98-0.69
-0.68-0.48-0.68-0.59-0.66-0.78-0.75-0.4-0.77-0.66-0.62-0.760.09-0.82-0.70.67-0.45-0.68-0.52-0.56-0.41-0.70.57-0.550.6
0.81-0.480.770.680.760.640.750.850.80.760.40.630.370.750.61-0.320.990.330.40.85-0.280.7-0.290.84-0.37
1.0-0.680.770.851.00.970.960.890.971.00.70.88-0.10.960.88-0.740.730.70.540.930.00.92-0.670.96-0.69
0.84-0.590.680.850.860.850.770.880.790.860.840.620.00.750.64-0.780.640.750.240.92-0.020.96-0.690.76-0.33
0.99-0.660.761.00.860.960.950.90.961.00.720.86-0.110.940.86-0.760.720.720.510.940.00.92-0.680.96-0.67
0.95-0.780.640.970.850.960.940.80.940.960.810.87-0.250.950.88-0.870.590.810.520.870.180.94-0.80.87-0.69
0.96-0.750.750.960.770.950.940.790.980.960.620.96-0.170.990.92-0.670.710.690.710.85-0.010.86-0.550.93-0.78
0.9-0.40.850.890.880.90.80.790.810.90.690.640.120.760.64-0.630.810.60.250.98-0.130.88-0.580.89-0.34
0.98-0.770.80.970.790.960.940.980.810.960.60.91-0.070.990.93-0.650.760.610.660.86-0.040.86-0.580.96-0.77
0.99-0.660.761.00.861.00.960.960.90.960.720.88-0.120.950.86-0.760.720.740.530.930.00.92-0.660.96-0.67
0.67-0.620.40.70.840.720.810.620.690.60.720.54-0.250.640.49-0.950.340.920.070.770.470.9-0.910.52-0.2
0.87-0.760.630.880.620.860.870.960.640.910.880.54-0.350.950.95-0.60.560.650.840.710.110.76-0.470.85-0.86
-0.050.090.37-0.10.0-0.11-0.25-0.170.12-0.07-0.12-0.25-0.35-0.14-0.390.310.48-0.31-0.450.08-0.32-0.120.33-0.030.46
0.96-0.820.750.960.750.940.950.990.760.990.950.640.95-0.140.93-0.690.710.680.690.840.080.86-0.60.92-0.79
0.88-0.70.610.880.640.860.880.920.640.930.860.490.95-0.390.93-0.560.550.520.840.7-0.050.74-0.510.88-0.92
-0.710.67-0.32-0.74-0.78-0.76-0.87-0.67-0.63-0.65-0.76-0.95-0.60.31-0.69-0.56-0.26-0.94-0.13-0.72-0.49-0.860.94-0.560.36
0.77-0.450.990.730.640.720.590.710.810.760.720.340.560.480.710.55-0.260.270.340.81-0.310.64-0.230.81-0.32
0.67-0.680.330.70.750.720.810.690.60.610.740.920.65-0.310.680.52-0.940.270.210.70.510.84-0.790.51-0.32
0.55-0.520.40.540.240.510.520.710.250.660.530.070.84-0.450.690.84-0.130.340.210.31-0.140.36-0.040.6-0.9
0.93-0.560.850.930.920.940.870.850.980.860.930.770.710.080.840.7-0.720.810.70.31-0.020.95-0.650.89-0.39
-0.04-0.41-0.280.0-0.020.00.18-0.01-0.13-0.040.00.470.11-0.320.08-0.05-0.49-0.310.51-0.14-0.020.18-0.47-0.210.06
0.9-0.70.70.920.960.920.940.860.880.860.920.90.76-0.120.860.74-0.860.640.840.360.950.18-0.770.81-0.44
-0.630.57-0.29-0.67-0.69-0.68-0.8-0.55-0.58-0.58-0.66-0.91-0.470.33-0.6-0.510.94-0.23-0.79-0.04-0.65-0.47-0.77-0.50.3
0.98-0.550.840.960.760.960.870.930.890.960.960.520.85-0.030.920.88-0.560.810.510.60.89-0.210.81-0.5-0.71
-0.690.6-0.37-0.69-0.33-0.67-0.69-0.78-0.34-0.77-0.67-0.2-0.860.46-0.79-0.920.36-0.32-0.32-0.9-0.390.06-0.440.3-0.71
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Advanced Micro Account Relationship Matchups

Advanced Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.8B16.7B20.0B21.5B22.6B
Other Current Liab567.6M608.2M1.7B52.1M83.6M79.4M
Total Current Liabilities896.1M1.2B2.6B3.9B3.6B2.3B
Total Stockholder Equity3.8B4.4B13.9B15.5B17.8B18.7B
Other Liab67.3M126.7M198.9M217.2M249.8M139.0M
Net Tangible Assets2.1B3.5B4.1B13.4B15.4B16.1B
Retained Earnings(455.4M)36.8M1.0B2.0B3.6B3.7B
Accounts Payable221.7M422.2M734.6M960.1M1.3B1.4B
Cash944.8M1.1B8.7B7.3B7.1B3.6B
Non Current Assets Total927.8M1.6B3.0B5.4B6.4B6.8B
Other Assets357.8M300.7M457.8M1.2B1.4B1.5B
Net Receivables372.3M278.9M508.6M618.8M1.2B1.2B
Non Current Liabilities Total126.7M198.9M221.6M633.3M78.8M74.9M
Inventory1.1B1.1B1.8B3.4B4.3B4.5B
Other Current Assets73.5M79.7M150.1M146.8M494.8M519.5M
Other Stockholder Equity(18.8M)(17.3M)(22.0M)(12.3M)(11.1M)(10.5M)
Total Liab1.0B1.4B2.8B4.6B3.7B2.6B
Deferred Long Term Liab333.4M239.9M273.9M252.1M289.9M231.4M
Total Current Assets3.8B4.2B13.7B14.7B15.1B7.8B
Non Current Liabilities Other37.9M16.1M11.1M20.2M17.6M17.1M
Intangible Assets521.3M560.5M825.0M909.3M1.2B624.1M
Common Stock1.8B481.4M534.9M616.2M554.6M698.0M
Property Plant Equipment163.3M162.4M196.9M640.8M737.0M773.8M
Net Invested Capital3.8B4.4B14.0B16.0B18.3B9.3B
Net Working Capital3.0B3.0B11.2B10.7B11.5B6.4B
Non Currrent Assets Other21.7M144.2M133.8M861.5M22.9M21.8M

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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.