Asahi Change In Cash vs Capital Expenditures Analysis

ASAHISONG

361.80 5.90 1.66%

Asahi Songwon financial indicator trend analysis is way more than just evaluating Asahi Songwon Colors prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asahi Songwon Colors is a good investment. Please check the relationship between Asahi Songwon Change In Cash and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asahi Songwon Colors. 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.

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asahi Songwon Colors Change In Cash account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Asahi Songwon's Change In Cash and Capital Expenditures is -0.52. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Asahi Songwon Colors, assuming nothing else is changed. The correlation between historical values of Asahi Songwon's Change In Cash and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Asahi Songwon Colors are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Cash i.e., Asahi Songwon's Change In Cash and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Capital Expenditures

Capital Expenditures are funds used by Asahi Songwon Colors to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Asahi Songwon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Asahi Songwon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asahi Songwon Colors 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 Asahi Songwon Colors. 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.

As of the 7th of January 2025, Selling General Administrative is likely to drop to about 35.4 M. In addition to that, Tax Provision is likely to drop to about 19.4 M

	2022	2023	2024	2025 (projected)
Interest Expense	140.2M	125.5M	144.3M	151.5M
Depreciation And Amortization	148.6M	162.2M	186.6M	195.9M

Interest Expense Depreciation And Amortization

Asahi Songwon fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.93	-0.02	0.95	0.76	1.0	0.93	-0.23	1.0	0.07	0.28	0.58	0.53	0.91	0.93	0.48	-0.14	0.95	1.0	0.89	0.53	0.98	0.34	-0.52	0.81	0.87
Short Long Term Debt Total	0.93		-0.12	0.97	0.54	0.91	1.0	-0.15	0.93	0.17	0.36	0.71	0.35	0.98	0.84	0.27	-0.06	0.99	0.92	0.96	0.35	0.93	0.35	-0.56	0.66	0.96
Other Current Liab	-0.02	-0.12		0.04	-0.03	-0.02	-0.12	0.49	-0.02	0.19	0.15	0.05	0.27	-0.09	-0.03	-0.14	0.24	0.0	-0.01	0.13	0.27	0.01	-0.13	0.21	-0.13	0.0
Total Current Liabilities	0.95	0.97	0.04		0.59	0.94	0.97	-0.12	0.95	0.24	0.38	0.69	0.47	0.94	0.87	0.31	-0.01	0.99	0.95	0.98	0.47	0.97	0.36	-0.47	0.65	0.93
Total Stockholder Equity	0.76	0.54	-0.03	0.59		0.77	0.54	-0.27	0.76	-0.2	0.11	0.2	0.61	0.52	0.75	0.66	-0.21	0.58	0.76	0.46	0.61	0.71	0.29	-0.44	0.91	0.44
Property Plant And Equipment Net	1.0	0.91	-0.02	0.94	0.77		0.91	-0.26	1.0	0.05	0.25	0.55	0.52	0.9	0.93	0.51	-0.15	0.94	0.99	0.87	0.52	0.97	0.33	-0.49	0.83	0.85
Net Debt	0.93	1.0	-0.12	0.97	0.54	0.91		-0.17	0.93	0.17	0.36	0.71	0.34	0.98	0.84	0.28	-0.06	0.99	0.92	0.96	0.34	0.93	0.36	-0.56	0.67	0.96
Cash	-0.23	-0.15	0.49	-0.12	-0.27	-0.26	-0.17		-0.21	0.14	0.2	0.41	0.21	-0.14	-0.38	-0.65	0.46	-0.13	-0.25	-0.02	0.21	-0.23	-0.31	-0.01	-0.39	-0.01
Non Current Assets Total	1.0	0.93	-0.02	0.95	0.76	1.0	0.93	-0.21		0.06	0.3	0.6	0.54	0.91	0.91	0.47	-0.12	0.95	0.99	0.89	0.54	0.97	0.35	-0.54	0.81	0.88
Non Currrent Assets Other	0.07	0.17	0.19	0.24	-0.2	0.05	0.17	0.14	0.06		0.15	-0.05	-0.05	0.08	-0.02	-0.08	0.19	0.2	0.07	0.29	-0.05	0.16	0.05	0.1	-0.16	0.17
Cash And Short Term Investments	0.28	0.36	0.15	0.38	0.11	0.25	0.36	0.2	0.3	0.15		0.53	0.11	0.31	0.19	0.22	0.21	0.36	0.25	0.43	0.11	0.32	0.85	-0.2	0.12	0.5
Net Receivables	0.58	0.71	0.05	0.69	0.2	0.55	0.71	0.41	0.6	-0.05	0.53		0.39	0.71	0.41	-0.21	0.25	0.7	0.55	0.74	0.39	0.57	0.22	-0.4	0.22	0.79
Common Stock Shares Outstanding	0.53	0.35	0.27	0.47	0.61	0.52	0.34	0.21	0.54	-0.05	0.11	0.39		0.29	0.41	0.12	0.28	0.42	0.51	0.42	1.0	0.47	0.01	-0.37	0.31	0.28
Non Current Liabilities Total	0.91	0.98	-0.09	0.94	0.52	0.9	0.98	-0.14	0.91	0.08	0.31	0.71	0.29		0.83	0.26	-0.12	0.97	0.91	0.93	0.29	0.91	0.3	-0.6	0.68	0.97
Inventory	0.93	0.84	-0.03	0.87	0.75	0.93	0.84	-0.38	0.91	-0.02	0.19	0.41	0.41	0.83		0.51	-0.24	0.87	0.96	0.78	0.41	0.95	0.34	-0.4	0.83	0.75
Other Current Assets	0.48	0.27	-0.14	0.31	0.66	0.51	0.28	-0.65	0.47	-0.08	0.22	-0.21	0.12	0.26	0.51		-0.4	0.3	0.48	0.18	0.12	0.47	0.59	-0.15	0.7	0.2
Other Stockholder Equity	-0.14	-0.06	0.24	-0.01	-0.21	-0.15	-0.06	0.46	-0.12	0.19	0.21	0.25	0.28	-0.12	-0.24	-0.4		-0.05	-0.17	0.08	0.28	-0.15	-0.03	0.09	-0.39	-0.04
Total Liab	0.95	0.99	0.0	0.99	0.58	0.94	0.99	-0.13	0.95	0.2	0.36	0.7	0.42	0.97	0.87	0.3	-0.05		0.95	0.98	0.42	0.96	0.34	-0.52	0.67	0.95
Total Current Assets	1.0	0.92	-0.01	0.95	0.76	0.99	0.92	-0.25	0.99	0.07	0.25	0.55	0.51	0.91	0.96	0.48	-0.17	0.95		0.88	0.51	0.99	0.32	-0.51	0.81	0.85
Short Term Debt	0.89	0.96	0.13	0.98	0.46	0.87	0.96	-0.02	0.89	0.29	0.43	0.74	0.42	0.93	0.78	0.18	0.08	0.98	0.88		0.42	0.9	0.34	-0.46	0.54	0.95
Common Stock	0.53	0.35	0.27	0.47	0.61	0.52	0.34	0.21	0.54	-0.05	0.11	0.39	1.0	0.29	0.41	0.12	0.28	0.42	0.51	0.42		0.47	0.01	-0.37	0.31	0.28
Accounts Payable	0.98	0.93	0.01	0.97	0.71	0.97	0.93	-0.23	0.97	0.16	0.32	0.57	0.47	0.91	0.95	0.47	-0.15	0.96	0.99	0.9	0.47		0.38	-0.46	0.78	0.86
Intangible Assets	0.34	0.35	-0.13	0.36	0.29	0.33	0.36	-0.31	0.35	0.05	0.85	0.22	0.01	0.3	0.34	0.59	-0.03	0.34	0.32	0.34	0.01	0.38		-0.2	0.34	0.4
Current Deferred Revenue	-0.52	-0.56	0.21	-0.47	-0.44	-0.49	-0.56	-0.01	-0.54	0.1	-0.2	-0.4	-0.37	-0.6	-0.4	-0.15	0.09	-0.52	-0.51	-0.46	-0.37	-0.46	-0.2		-0.45	-0.57
Retained Earnings	0.81	0.66	-0.13	0.65	0.91	0.83	0.67	-0.39	0.81	-0.16	0.12	0.22	0.31	0.68	0.83	0.7	-0.39	0.67	0.81	0.54	0.31	0.78	0.34	-0.45		0.6
Other Liab	0.87	0.96	0.0	0.93	0.44	0.85	0.96	-0.01	0.88	0.17	0.5	0.79	0.28	0.97	0.75	0.2	-0.04	0.95	0.85	0.95	0.28	0.86	0.4	-0.57	0.6

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Asahi Songwon Account Relationship Matchups

Asahi Songwon fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.9B	4.7B	5.5B	5.7B	6.6B	6.9B
Short Long Term Debt Total	501.5M	874.6M	1.8B	2.0B	2.3B	2.4B
Other Current Liab	61.6M	67.3M	38.7M	99.3M	89.4M	63.9M
Total Current Liabilities	908.5M	1.4B	2.1B	2.2B	2.5B	2.6B
Total Stockholder Equity	2.3B	2.4B	2.2B	2.4B	2.7B	1.6B
Property Plant And Equipment Net	2.2B	2.3B	2.7B	2.9B	3.3B	3.5B
Net Debt	497.0M	871.6M	1.8B	1.9B	2.2B	2.3B
Cash	4.5M	3.0M	7.1M	26.0M	23.4M	13.9M
Non Current Assets Total	2.3B	2.4B	3.1B	3.3B	3.7B	3.9B
Non Currrent Assets Other	34.2M	25.0M	77.6M	34.1M	30.7M	32.2M
Cash And Short Term Investments	4.5M	3.0M	90.5M	26.6M	30.6M	24.4M
Net Receivables	(499K)	(38.8M)	1.1B	1.2B	1.4B	1.5B
Liabilities And Stockholders Equity	3.9B	4.7B	5.5B	5.7B	6.6B	6.9B
Non Current Liabilities Total	243.2M	446.8M	757.7M	911.8M	1.0B	1.1B
Inventory	487.2M	1.1B	862.3M	849.0M	976.4M	1.0B
Other Current Assets	1.1B	1.2B	1.5B	392.6M	451.5M	436.9M
Total Liab	1.2B	1.9B	2.9B	3.1B	3.6B	3.7B
Total Current Assets	1.6B	2.3B	2.4B	2.5B	2.9B	3.0B
Accumulated Other Comprehensive Income	279.1M	275.7M	218.9M	2.2B	2.6B	2.7B
Short Term Debt	426.5M	599.4M	1.2B	1.3B	1.5B	1.5B
Accounts Payable	416.4M	734.4M	814.8M	795.9M	915.3M	961.0M
Current Deferred Revenue	60.8M	56.6M	18.1M	126K	113.4K	107.7K
Retained Earnings	1.8B	2.0B	1.8B	2.0B	2.3B	1.4B
Other Liab	130.7M	168.2M	176.1M	757.7M	871.3M	914.9M
Net Tangible Assets	2.0B	2.3B	2.4B	1.9B	2.2B	2.0B
Other Assets	73.9M	35.5M	(2K)	76.1M	87.5M	91.9M
Long Term Debt	75M	270.8M	559.5M	691.8M	795.6M	835.3M
Short Long Term Debt	376.3M	603.8M	1.2B	1.3B	1.5B	1.5B
Property Plant Equipment	1.4B	2.2B	2.3B	2.7B	3.1B	1.8B
Long Term Debt Total	125.2M	75M	270.8M	559.5M	643.5M	675.6M
Short Term Investments	19.5M	40.3M	83.4M	628K	722.2K	686.1K
Net Invested Capital	2.7B	3.3B	4.0B	4.3B	5.0B	3.4B
Net Working Capital	719.0M	876.9M	251.2M	318.0M	286.2M	464.8M

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Other Information on Investing in Asahi Stock

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

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Asahi Change In Cash vs Capital Expenditures Analysis

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Cash

Capital Expenditures

Asahi Songwon fundamental ratios Correlations

Asahi Songwon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asahi Songwon fundamental ratios Accounts

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Other Information on Investing in Asahi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding

Other Current Assets	- 0.65	Cash
Current Deferred Revenue	- 0.6	Non Current Liabilities Total
Other Liab	- 0.57	Current Deferred Revenue
Current Deferred Revenue	- 0.56	Net Debt
Current Deferred Revenue	- 0.56	Short Long Term Debt Total
Current Deferred Revenue	- 0.54	Non Current Assets Total