Advanced Accounts Payable vs Total Stockholder Equity Analysis

AEIS Stock  USD 114.57  2.64  2.25%   
Advanced Energy financial indicator trend analysis is way more than just evaluating Advanced Energy Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Energy Indu is a good investment. Please check the relationship between Advanced Energy Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Energy Indu Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advanced Energy's Accounts Payable and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Advanced Energy Industries, assuming nothing else is changed. The correlation between historical values of Advanced Energy's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Advanced Energy Industries are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Advanced Energy's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Advanced Energy 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 Advanced Energy Indu 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Advanced Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Energy Indu 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 Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Advanced Energy's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Tax Provision is likely to drop slightly above 20.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit532.3M675.5M592.4M622.0M
Total Revenue1.5B1.8B1.7B1.7B

Advanced Energy fundamental ratios Correlations

0.840.90.940.980.960.410.970.880.920.980.770.920.940.190.970.960.97-0.20.990.970.990.830.90.330.33
0.840.580.650.790.680.20.80.560.940.740.90.930.650.190.880.690.71-0.10.840.830.870.750.860.370.37
0.90.580.960.890.940.470.910.910.690.950.490.680.940.120.820.960.96-0.290.880.840.850.760.710.180.18
0.940.650.960.910.970.440.930.980.750.970.520.750.960.190.870.980.98-0.270.930.880.890.840.730.270.27
0.980.790.890.910.910.270.980.850.90.950.710.90.940.30.910.950.94-0.110.930.920.970.80.860.420.42
0.960.680.940.970.910.550.940.940.80.980.620.80.960.070.930.960.99-0.320.960.950.920.790.810.180.18
0.410.20.470.440.270.550.290.450.220.50.360.220.49-0.330.50.460.51-0.20.490.550.350.110.47-0.24-0.24
0.970.80.910.930.980.940.290.870.90.960.680.890.920.140.920.950.95-0.320.950.920.960.820.840.250.26
0.880.560.910.980.850.940.450.870.680.930.420.670.930.160.810.950.94-0.280.880.820.830.770.660.230.23
0.920.940.690.750.90.80.220.90.680.820.911.00.760.170.940.80.81-0.160.920.920.960.80.920.340.34
0.980.740.950.970.950.980.50.960.930.820.640.820.970.160.930.970.98-0.250.970.940.940.790.820.270.27
0.770.90.490.520.710.620.360.680.420.910.640.910.570.080.850.610.630.00.790.840.820.590.920.280.28
0.920.930.680.750.90.80.220.890.671.00.820.910.760.190.940.80.81-0.140.920.920.960.80.920.350.35
0.940.650.940.960.940.960.490.920.930.760.970.570.760.270.880.960.97-0.120.920.90.90.740.790.370.37
0.190.190.120.190.30.07-0.330.140.160.170.160.080.190.270.090.140.130.740.120.070.210.210.090.960.96
0.970.880.820.870.910.930.50.920.810.940.930.850.940.880.090.90.92-0.240.990.990.980.80.930.250.25
0.960.690.960.980.950.960.460.950.950.80.970.610.80.960.140.90.98-0.240.940.910.930.80.820.240.24
0.970.710.960.980.940.990.510.950.940.810.980.630.810.970.130.920.98-0.260.960.940.930.810.830.230.23
-0.2-0.1-0.29-0.27-0.11-0.32-0.2-0.32-0.28-0.16-0.250.0-0.14-0.120.74-0.24-0.24-0.26-0.25-0.23-0.17-0.21-0.090.720.72
0.990.840.880.930.930.960.490.950.880.920.970.790.920.920.120.990.940.96-0.250.990.980.830.90.260.26
0.970.830.840.880.920.950.550.920.820.920.940.840.920.90.070.990.910.94-0.230.990.970.770.940.230.23
0.990.870.850.890.970.920.350.960.830.960.940.820.960.90.210.980.930.93-0.170.980.970.840.930.360.36
0.830.750.760.840.80.790.110.820.770.80.790.590.80.740.210.80.80.81-0.210.830.770.840.660.320.32
0.90.860.710.730.860.810.470.840.660.920.820.920.920.790.090.930.820.83-0.090.90.940.930.660.260.26
0.330.370.180.270.420.18-0.240.250.230.340.270.280.350.370.960.250.240.230.720.260.230.360.320.261.0
0.330.370.180.270.420.18-0.240.260.230.340.270.280.350.370.960.250.240.230.720.260.230.360.320.261.0
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Advanced Energy Account Relationship Matchups

Advanced Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B1.8B2.0B2.6B2.7B
Other Current Liab102.9M141.3M140.3M202.7M138.5M145.4M
Total Current Liabilities320.3M297.4M370.2M393.0M335.8M352.6M
Total Stockholder Equity676.7M814.7M870.9M1.1B1.1B1.2B
Property Plant And Equipment Net213.5M218.6M216.6M248.6M263.1M276.3M
Net Debt10.9M(141.7M)(135.8M)(68.8M)(21.8M)(22.9M)
Retained Earnings577.7M712.3M756.3M915.3M989.7M1.0B
Accounts Payable170.7M125.2M193.7M170.5M141.9M148.9M
Cash346.4M480.4M544.4M458.8M1.0B1.1B
Non Current Assets Total665.7M667.4M655.1M803.7M844.9M887.1M
Non Currrent Assets Other269K19.1M16.9M20.6M136.4M143.3M
Cash And Short Term Investments349.1M483.0M546.7M458.8M1.0B1.1B
Net Receivables250.8M240.0M237.2M300.7M282.4M296.6M
Common Stock Shares Outstanding38.5M38.5M38.4M37.7M37.8M40.4M
Liabilities And Stockholders Equity1.5B1.6B1.8B2.0B2.6B2.7B
Non Current Liabilities Total534.8M535.9M575.6M532.9M1.1B1.1B
Inventory230.0M221.3M338.4M376.0M336.1M352.9M
Other Current Assets36.8M35.9M39.9M53.0M48.8M51.2M
Other Stockholder Equity104.8M105.0M115.7M134.6M148.3M177.7M
Total Liab855.1M833.3M945.8M925.9M1.4B1.5B
Property Plant And Equipment Gross213.5M218.6M216.6M248.6M432.5M454.1M
Total Current Assets866.7M981.2M1.2B1.2B1.7B1.8B
Accumulated Other Comprehensive Income(5.9M)(2.6M)(1.2M)16.3M6.1M8.9M
Short Term Debt35.8M50.7M51.7M53.5M55.5M58.3M
Current Deferred Revenue10.9M12.2M22.1M26.3M48.9M51.4M
Short Term Investments2.6M2.7M2.3M2.1M163K154.9K
Intangible Assets184.0M168.9M159.4M189.5M161.5M169.6M
Other Assets65.2M69.9M66.9M68.7M79.1M83.0M
Property Plant Equipment108.1M114.7M216.6M148.5M170.7M179.3M
Other Liab122.7M231.4M202.9M85.1M97.9M69.5M
Good Will202.9M210.0M212.2M281.4M283.8M298.0M
Net Tangible Assets492.7M435.8M499.3M595.3M684.6M470.7M
Noncontrolling Interest In Consolidated Entity512K546K601K645K741.8K778.8K
Retained Earnings Total Equity577.7M712.3M756.3M915.3M1.1B1.1B
Capital Surpluse104.8M105.0M115.7M134.6M121.2M128.6M
Deferred Long Term Liab7.0M10.0M10.1M9.9M11.4M18.5M

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