Advanced Total Liab vs Other Liab Analysis

AMD Stock   24.25  0.59  2.38%   
Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Total Liab and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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 Liab vs Other Liab

Total Liab vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Total Liab account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Advanced Micro's Total Liab and Other Liab is 0.9. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of Advanced Micro Devices, assuming nothing else is changed. The correlation between historical values of Advanced Micro's Total Liab and Other Liab 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 Liab of Advanced Micro Devices are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Liab i.e., Advanced Micro's Total Liab and Other Liab go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Liab

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 Devices 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 Devices. 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.
As of the 11th of December 2024, Tax Provision is likely to grow to about (328.7 M). In addition to that, Selling General Administrative is likely to drop to about 1.5 B
 2022 2023 2024 (projected)
Interest Expense88M106M65.3M
Interest Income65M206M216.3M

Advanced Micro fundamental ratios Correlations

0.950.911.01.00.72-0.750.910.850.911.00.990.730.570.91.00.940.890.870.920.99-0.830.921.00.930.89
0.950.850.960.970.73-0.880.910.690.80.950.980.720.370.880.950.890.950.730.860.95-0.720.810.960.920.84
0.910.850.910.880.87-0.510.940.890.980.90.870.890.480.980.890.960.860.870.990.92-0.730.970.90.970.97
1.00.960.911.00.72-0.760.910.840.91.00.990.730.570.91.00.940.90.870.920.99-0.820.921.00.930.89
1.00.970.881.00.67-0.790.890.820.871.01.00.680.590.881.00.910.890.860.90.97-0.850.91.00.920.87
0.720.730.870.720.67-0.430.920.610.850.690.680.990.030.880.670.870.860.560.850.8-0.360.740.710.830.84
-0.75-0.88-0.51-0.76-0.79-0.43-0.68-0.35-0.45-0.74-0.83-0.41-0.17-0.56-0.75-0.58-0.81-0.39-0.52-0.730.59-0.46-0.76-0.63-0.49
0.910.910.940.910.890.92-0.680.750.920.890.890.930.260.930.880.940.970.720.920.95-0.660.850.910.920.88
0.850.690.890.840.820.61-0.350.750.930.850.780.640.710.810.850.840.620.930.860.81-0.810.940.840.790.84
0.910.80.980.90.870.85-0.450.920.930.90.850.870.520.940.880.970.810.90.970.92-0.720.970.90.920.95
1.00.950.91.01.00.69-0.740.890.850.90.990.70.610.891.00.930.870.890.910.98-0.840.921.00.920.89
0.990.980.870.991.00.68-0.830.890.780.850.990.680.540.880.990.910.90.830.890.97-0.820.880.990.920.86
0.730.720.890.730.680.99-0.410.930.640.870.70.680.10.890.680.860.870.60.870.81-0.440.770.720.850.84
0.570.370.480.570.590.03-0.170.260.710.520.610.540.10.410.630.440.190.840.520.49-0.80.680.580.470.49
0.90.880.980.90.880.88-0.560.930.810.940.890.880.890.410.880.970.890.840.990.92-0.660.940.90.990.98
1.00.950.891.01.00.67-0.750.880.850.881.00.990.680.630.880.920.860.890.90.97-0.850.921.00.910.88
0.940.890.960.940.910.87-0.580.940.840.970.930.910.860.440.970.920.880.850.970.96-0.650.940.940.950.98
0.890.950.860.90.890.86-0.810.970.620.810.870.90.870.190.890.860.880.630.860.93-0.630.770.890.910.82
0.870.730.870.870.860.56-0.390.720.930.90.890.830.60.840.840.890.850.630.90.84-0.850.970.870.850.88
0.920.860.990.920.90.85-0.520.920.860.970.910.890.870.520.990.90.970.860.90.93-0.730.970.910.980.98
0.990.950.920.990.970.8-0.730.950.810.920.980.970.810.490.920.970.960.930.840.93-0.770.910.990.930.91
-0.83-0.72-0.73-0.82-0.85-0.360.59-0.66-0.81-0.72-0.84-0.82-0.44-0.8-0.66-0.85-0.65-0.63-0.85-0.73-0.77-0.82-0.83-0.75-0.64
0.920.810.970.920.90.74-0.460.850.940.970.920.880.770.680.940.920.940.770.970.970.91-0.820.920.940.95
1.00.960.91.01.00.71-0.760.910.840.91.00.990.720.580.91.00.940.890.870.910.99-0.830.920.920.89
0.930.920.970.930.920.83-0.630.920.790.920.920.920.850.470.990.910.950.910.850.980.93-0.750.940.920.96
0.890.840.970.890.870.84-0.490.880.840.950.890.860.840.490.980.880.980.820.880.980.91-0.640.950.890.96
Click cells to compare fundamentals

Advanced Micro Account Relationship Matchups

Advanced Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B9.0B12.4B67.6B67.9B71.3B
Other Current Liab74M75M98M243M438M459.9M
Total Current Liabilities2.4B2.4B4.2B6.4B6.7B4.4B
Total Stockholder Equity2.8B5.8B7.5B54.8B55.9B58.7B
Other Liab157M177M333M3.6B4.1B4.3B
Net Tangible Assets2.3B5.3B6.9B6.1B7.0B4.7B
Retained Earnings(7.1B)(4.6B)(1.5B)(131M)723M759.2M
Accounts Payable1.2B546M1.4B3.0B2.1B1.7B
Cash1.5B1.6B2.5B4.8B3.9B2.8B
Non Current Assets Total1.4B2.8B3.8B52.6B51.1B53.7B
Non Currrent Assets Other169M144M234M2.2B2.8B2.9B
Other Assets169M1.4B2.1B1.8B2.1B1.2B
Long Term Debt486M330M1M2.5B1.7B1.1B
Net Receivables1.9B2.1B2.7B4.1B5.4B3.2B
Common Stock Shares Outstanding1.2B1.2B1.2B1.6B1.6B1.4B
Short Term Investments37M695M1.1B1.0B1.8B1.9B
Non Current Liabilities Total842M708M682M6.5B5.3B2.8B
Inventory982M1.4B2.0B3.8B4.4B2.4B
Other Current Assets8M378M312M1.3B1.3B1.3B
Total Liab3.2B3.1B4.9B12.8B12.0B7.2B
Net Invested Capital3.3B6.2B7.8B57.2B58.4B61.3B
Total Current Assets4.6B6.1B8.6B15.0B16.8B10.0B
Non Current Liabilities Other157M177M333M1.7B1.9B1.9B
Net Working Capital2.2B3.7B4.3B8.7B10.1B5.6B
Intangible Assets210M229M328M24.1B21.4B22.4B
Property Plant Equipment705M849M1.1B2.0B2.3B2.4B

Pair Trading with Advanced Micro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advanced Micro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advanced Micro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advanced Stock

  0.71HPQ HPQ Silicon ResourcesPairCorr

Moving against Advanced Stock

  0.52IVS Inventus Mining CorpPairCorr
The ability to find closely correlated positions to Advanced Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Micro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advanced Micro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advanced Micro Devices to buy it.
The correlation of Advanced Micro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advanced Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Micro Devices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advanced Micro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Advanced Micro Devices is a strong investment it is important to analyze Advanced Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Micro's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.