Asia Net Invested Capital vs Total Current Assets Analysis
APWC Stock | USD 1.94 0.03 1.52% |
Asia Pacific financial indicator trend analysis is way more than just evaluating Asia Pacific Wire prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asia Pacific Wire is a good investment. Please check the relationship between Asia Pacific Net Invested Capital and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Net Invested Capital vs Total Current Assets
Net Invested Capital vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asia Pacific Wire Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Asia Pacific's Net Invested Capital and Total Current Assets is 0.22. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Asia Pacific Wire, assuming nothing else is changed. The correlation between historical values of Asia Pacific's Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Asia Pacific Wire are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Asia Pacific's Net Invested Capital and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Asia Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asia Pacific Wire 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 Asia Pacific Wire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At present, Asia Pacific's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.31, whereas Tax Provision is forecasted to decline to about 444.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 21.2M | 32.5M | 30.2M | 37.1M | Total Revenue | 476.7M | 433.9M | 425.8M | 377.5M |
Asia Pacific fundamental ratios Correlations
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Asia Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asia Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 298.9M | 338.1M | 389.4M | 371.0M | 366.7M | 323.2M | |
Short Long Term Debt Total | 14.2M | 16.1M | 67.9M | 60.3M | 55.8M | 38.8M | |
Other Current Liab | 31.0M | 51.5M | 63.1M | 54.4M | 39.4M | 26.4M | |
Total Current Liabilities | 53.6M | 83.4M | 162.2M | 133.6M | 140.6M | 115.6M | |
Total Stockholder Equity | 153.9M | 157.9M | 147.5M | 151.6M | 157.1M | 136.9M | |
Property Plant And Equipment Net | 45.5M | 57.9M | 57.8M | 54.1M | 52.8M | 42.9M | |
Net Debt | (39.5M) | (36.1M) | 23.4M | 6.3M | 17.9M | 18.7M | |
Retained Earnings | 53.4M | 52.8M | 50.2M | 54.1M | 57.9M | 36.3M | |
Accounts Payable | 10.5M | 17.4M | 32.4M | 29.3M | 41.0M | 30.9M | |
Cash | 53.7M | 52.2M | 44.5M | 54.0M | 38.0M | 44.3M | |
Non Current Assets Total | 59.4M | 74.4M | 77.4M | 71.5M | 71.7M | 55.4M | |
Non Currrent Assets Other | 4.9M | 9.2M | 8.5M | 7.7M | 7.3M | 5.4M | |
Cash And Short Term Investments | 53.7M | 52.2M | 44.8M | 54.1M | 38.3M | 47.5M | |
Net Receivables | 97.2M | 109.5M | 131.6M | 107.8M | 121.9M | 104.2M | |
Liabilities And Stockholders Equity | 298.9M | 338.1M | 389.4M | 371.0M | 366.7M | 320.7M | |
Non Current Liabilities Total | 16.8M | 19.9M | 17.9M | 26.0M | 11.5M | 12.5M | |
Inventory | 85.2M | 96.4M | 128.8M | 130.6M | 128.2M | 83.2M | |
Other Current Assets | 1.5M | 5.6M | 6.9M | 7.0M | 6.5M | 4.7M | |
Other Stockholder Equity | 100.3M | 110.4M | 110.2M | 118.1M | 98.9M | 146.4M | |
Total Liab | 70.5M | 103.2M | 180.1M | 159.6M | 152.0M | 127.7M | |
Property Plant And Equipment Gross | 45.5M | 57.9M | 182.3M | 173.4M | 175.3M | 184.1M | |
Total Current Assets | 239.5M | 263.7M | 312.0M | 299.5M | 295.0M | 246.9M | |
Accumulated Other Comprehensive Income | (10.0M) | (5.5M) | (13.0M) | (20.7M) | (19.1M) | (20.1M) | |
Short Term Debt | 11.9M | 10.7M | 62.7M | 46.2M | 54.4M | 47.7M | |
Intangible Assets | 128K | 180K | 129K | 139K | 124K | 117.8K | |
Other Liab | 12.2M | 14.6M | 14.4M | 12.7M | 14.6M | 15.3M | |
Current Deferred Revenue | 216K | 259K | 612K | 1.3M | 3.7M | 3.5M | |
Other Assets | 6.0M | 7.6M | 13.1M | 15.7M | 18.1M | 19.0M | |
Property Plant Equipment | 41.4M | 45.5M | 57.9M | 57.8M | 52.0M | 41.9M | |
Net Tangible Assets | 149.9M | 153.7M | 157.7M | 147.4M | 169.5M | 164.0M | |
Long Term Investments | 5.0M | 3.2M | 3.8M | 2.4M | 3.7M | 3.3M | |
Short Long Term Debt | 11.4M | 10.1M | 62.1M | 45.6M | 53.7M | 41.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Asia Pacific Wire offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asia Pacific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asia Pacific Wire Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asia Pacific Wire Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asia Pacific. If investors know Asia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asia Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 0.17 | Revenue Per Share 21.664 | Quarterly Revenue Growth 0.108 | Return On Assets 0.0113 |
The market value of Asia Pacific Wire is measured differently than its book value, which is the value of Asia that is recorded on the company's balance sheet. Investors also form their own opinion of Asia Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asia Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asia Pacific's market value can be influenced by many factors that don't directly affect Asia Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asia Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Pacific'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.