AppTech Accounts Payable vs Cash Analysis
APCXW Stock | USD 0.17 0.01 6.25% |
AppTech Payments financial indicator trend analysis is way more than just evaluating AppTech Payments Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AppTech Payments Corp is a good investment. Please check the relationship between AppTech Payments Accounts Payable and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AppTech Payments Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AppTech Payments Corp Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AppTech Payments' Accounts Payable and Cash is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of AppTech Payments Corp, assuming nothing else is changed. The correlation between historical values of AppTech Payments' Accounts Payable and Cash 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 AppTech Payments Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., AppTech Payments' Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents AppTech Payments 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 AppTech Payments Corp 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.Cash
Cash refers to the most liquid asset of AppTech Payments Corp, which is listed under current asset account on AppTech Payments Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AppTech Payments customers. The amounts must be unrestricted with restricted cash listed in a different AppTech Payments account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from AppTech Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AppTech Payments Corp 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 AppTech Payments Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, AppTech Payments' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 20.57 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.92).
AppTech Payments fundamental ratios Correlations
Click cells to compare fundamentals
AppTech Payments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AppTech Payments fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 84.9K | 379.7K | 7.6M | 12.5M | 8.4M | 5.3M | |
Total Current Liabilities | 7.4M | 8.2M | 7.3M | 4.9M | 4.1M | 3.7M | |
Total Stockholder Equity | (7.4M) | (8.2M) | 44.0K | 7.4M | 4.2M | 4.4M | |
Property Plant And Equipment Net | 0.0 | 249.8K | 188.6K | 127K | 66K | 62.7K | |
Net Debt | 2.9M | 3.1M | 2.1M | (1.4M) | (1.1M) | (1.1M) | |
Retained Earnings | (40.8M) | (44.9M) | (124.2M) | (140.5M) | (159.7M) | (151.8M) | |
Cash | 24.2K | 57.5K | 8.0K | 3.5M | 1.3M | 1.3M | |
Non Current Assets Total | 0.0 | 274.9K | 6.9M | 8.1M | 6.8M | 3.8M | |
Cash And Short Term Investments | 24.2K | 57.5K | 8.0K | 3.5M | 1.3M | 980.4K | |
Common Stock Shares Outstanding | 8.9M | 9.1M | 11.4M | 16.2M | 19.1M | 10.0M | |
Liabilities And Stockholders Equity | 84.9K | 379.7K | 7.6M | 12.5M | 8.4M | 5.3M | |
Non Current Liabilities Total | 160K | 366.9K | 230.5K | 166K | 79K | 75.1K | |
Other Stockholder Equity | 33.2M | 36.7M | 124.2M | 147.9M | 163.9M | 172.1M | |
Total Liab | 7.5M | 8.6M | 7.5M | 5.1M | 4.2M | 7.8M | |
Total Current Assets | 84.9K | 104.8K | 622.6K | 4.4M | 1.5M | 1.7M | |
Short Long Term Debt Total | 2.9M | 3.2M | 2.1M | 2.0M | 158K | 150.1K | |
Accounts Payable | 1.7M | 1.6M | 1.3M | 347K | 1.8M | 1.9M | |
Short Term Debt | 2.9M | 2.9M | 1.9M | 1.8M | 79K | 75.1K | |
Common Stock | 84.2K | 88.5K | 11.9K | 17K | 22K | 20.9K | |
Current Deferred Revenue | 2.3M | 2.6M | 3.1M | 729K | 244K | 231.8K | |
Net Receivables | 29.8K | 40.6K | 40.3K | 51K | 30K | 28.5K | |
Net Invested Capital | (4.5M) | (5.3M) | 1.9M | 9.3M | 10.7M | 11.2M | |
Short Long Term Debt | 2.9M | 2.9M | 1.8M | 1.8M | 1.6M | 2.0M | |
Capital Stock | 84.2K | 88.5K | 11.9K | 17K | 15.3K | 14.5K | |
Net Working Capital | (7.3M) | (8.1M) | (6.7M) | (504K) | (579.6K) | (608.6K) |
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When running AppTech Payments' price analysis, check to measure AppTech Payments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AppTech Payments is operating at the current time. Most of AppTech Payments' value examination focuses on studying past and present price action to predict the probability of AppTech Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AppTech Payments' price. Additionally, you may evaluate how the addition of AppTech Payments to your portfolios can decrease your overall portfolio volatility.