Amlogic Total Assets vs Accounts Payable Analysis

688099 Stock   70.90  1.92  2.64%   
Amlogic Shanghai financial indicator trend analysis is way more than just evaluating Amlogic Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amlogic Shanghai is a good investment. Please check the relationship between Amlogic Shanghai Total Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amlogic Shanghai 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amlogic Shanghai Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Amlogic Shanghai's Total Assets and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Amlogic Shanghai Co, assuming nothing else is changed. The correlation between historical values of Amlogic Shanghai's Total Assets 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 Total Assets of Amlogic Shanghai 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 Total Assets i.e., Amlogic Shanghai's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Amlogic Shanghai assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amlogic Shanghai books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Amlogic Shanghai 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 Amlogic Shanghai 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 Amlogic Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amlogic Shanghai 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 Amlogic Shanghai 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.
The current year's Tax Provision is expected to grow to about 7.8 M, whereas Selling General Administrative is forecasted to decline to about 132 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B2.0B1.3B
Total Revenue4.8B5.5B5.4B3.6B

Amlogic Shanghai fundamental ratios Correlations

0.10.931.00.940.940.90.870.980.980.840.990.70.960.930.65-0.850.940.980.881.00.90.860.950.870.99
0.10.350.060.04-0.09-0.070.390.10.120.220.170.090.130.22-0.52-0.260.330.17-0.070.10.34-0.060.08-0.10.06
0.930.350.910.860.860.830.990.920.920.920.950.780.880.870.5-0.911.00.940.750.930.970.80.910.810.89
1.00.060.910.940.940.90.850.980.980.830.980.680.960.920.66-0.830.920.980.891.00.870.860.940.870.99
0.940.040.860.940.870.760.840.970.880.780.910.80.950.780.52-0.690.880.930.720.940.850.880.970.870.91
0.94-0.090.860.940.870.970.810.930.930.790.90.670.90.870.82-0.860.880.890.850.940.840.820.870.960.95
0.9-0.070.830.90.760.970.760.850.920.730.860.560.840.90.86-0.870.840.860.850.890.790.720.80.890.92
0.870.390.990.850.840.810.760.880.860.910.90.810.840.80.41-0.870.980.890.670.870.980.790.890.780.82
0.980.10.920.980.970.930.850.880.930.870.960.750.950.850.59-0.820.930.960.820.990.890.870.940.90.96
0.980.120.920.980.880.930.920.860.930.810.980.640.930.970.67-0.860.930.970.890.980.880.810.930.820.98
0.840.220.920.830.780.790.730.910.870.810.870.760.730.70.5-0.880.910.860.740.850.880.80.80.740.8
0.990.170.950.980.910.90.860.90.960.980.870.70.920.930.6-0.850.951.00.850.980.90.830.950.80.97
0.70.090.780.680.80.670.560.810.750.640.760.70.670.550.4-0.530.780.680.50.710.840.860.830.690.62
0.960.130.880.960.950.90.840.840.950.930.730.920.670.890.53-0.780.90.930.80.960.880.840.940.880.94
0.930.220.870.920.780.870.90.80.850.970.70.930.550.890.62-0.830.880.910.870.920.850.730.850.730.93
0.65-0.520.50.660.520.820.860.410.590.670.50.60.40.530.62-0.60.510.580.70.640.460.560.560.740.69
-0.85-0.26-0.91-0.83-0.69-0.86-0.87-0.87-0.82-0.86-0.88-0.85-0.53-0.78-0.83-0.6-0.9-0.84-0.81-0.85-0.86-0.68-0.73-0.79-0.84
0.940.331.00.920.880.880.840.980.930.930.910.950.780.90.880.51-0.90.950.760.940.970.810.920.830.91
0.980.170.940.980.930.890.860.890.960.970.861.00.680.930.910.58-0.840.950.810.980.880.80.950.820.97
0.88-0.070.750.890.720.850.850.670.820.890.740.850.50.80.870.7-0.810.760.810.870.760.830.770.710.87
1.00.10.931.00.940.940.890.870.990.980.850.980.710.960.920.64-0.850.940.980.870.90.860.950.880.99
0.90.340.970.870.850.840.790.980.890.880.880.90.840.880.850.46-0.860.970.880.760.90.870.90.80.84
0.86-0.060.80.860.880.820.720.790.870.810.80.830.860.840.730.56-0.680.810.80.830.860.870.90.770.79
0.950.080.910.940.970.870.80.890.940.930.80.950.830.940.850.56-0.730.920.950.770.950.90.90.820.91
0.87-0.10.810.870.870.960.890.780.90.820.740.80.690.880.730.74-0.790.830.820.710.880.80.770.820.88
0.990.060.890.990.910.950.920.820.960.980.80.970.620.940.930.69-0.840.910.970.870.990.840.790.910.88
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Amlogic Shanghai Account Relationship Matchups

Amlogic Shanghai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.7B5.1B5.9B6.4B3.8B
Other Current Liab99.4M127.4M274.6M197.6M61.8M58.7M
Total Current Liabilities458.5M703.3M1.1B837.4M799.5M683.2M
Total Stockholder Equity2.8B2.9B3.9B4.9B5.5B3.0B
Other Liab28.1M62.5M59.1M56.4M64.9M41.3M
Net Tangible Assets2.7B2.8B3.7B4.7B5.4B5.6B
Retained Earnings423.6M489.1M1.3B1.9B2.1B2.2B
Accounts Payable211.6M407.6M610.6M410.7M357.5M343.3M
Cash1.7B1.9B2.3B2.2B2.5B1.6B
Non Current Assets Total461.8M558.9M909.8M1.2B1.2B693.0M
Non Currrent Assets Other3.5M14.0M18.1M8.6M14.7M9.9M
Other Assets116.6M130.9M164.5M217.4M250.0M142.1M
Net Receivables263.2M222.4M332.5M130.9M218.0M226.9M
Non Current Liabilities Total62.5M59.1M62.5M96.1M67.5M54.3M
Inventory462.7M330.2M1.1B1.5B1.2B764.6M
Other Current Assets34.9M14.3M25.9M59.6M170.4M179.0M
Other Stockholder Equity(29.6M)(24.0M)(45.4M)(53.7M)(48.3M)(50.7M)
Total Liab521.0M762.4M1.1B933.5M867.0M737.4M
Deferred Long Term Liab83.3M105.0M130.6M159.0M182.8M108.3M
Short Long Term Debt25.8M34.3M35.3M59.4M60.2M41.6M
Total Current Assets2.9B3.1B4.1B4.7B5.1B3.1B
Intangible Assets95.8M122.2M180.3M149.3M118.5M124.2M
Property Plant Equipment192.5M223.9M229.9M271.7M312.5M174.4M
Net Invested Capital2.8B3.0B3.9B5.0B5.5B3.5B
Net Working Capital2.4B2.4B3.1B3.9B4.3B2.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Amlogic Stock

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