Asahi Total Stockholder Equity vs Property Plant And Equipment Net 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 Total Stockholder Equity and its Property Plant And Equipment Net 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asahi Songwon Colors Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Asahi Songwon's Total Stockholder Equity and Property Plant And Equipment Net is 0.77. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Asahi Songwon Colors are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Asahi Songwon's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expense140.2M125.5M144.3M151.5M
Depreciation And Amortization148.6M162.2M186.6M195.9M

Asahi Songwon fundamental ratios Correlations

0.93-0.020.950.761.00.93-0.231.00.070.280.580.530.910.930.48-0.140.951.00.890.530.980.34-0.520.810.87
0.93-0.120.970.540.911.0-0.150.930.170.360.710.350.980.840.27-0.060.990.920.960.350.930.35-0.560.660.96
-0.02-0.120.04-0.03-0.02-0.120.49-0.020.190.150.050.27-0.09-0.03-0.140.240.0-0.010.130.270.01-0.130.21-0.130.0
0.950.970.040.590.940.97-0.120.950.240.380.690.470.940.870.31-0.010.990.950.980.470.970.36-0.470.650.93
0.760.54-0.030.590.770.54-0.270.76-0.20.110.20.610.520.750.66-0.210.580.760.460.610.710.29-0.440.910.44
1.00.91-0.020.940.770.91-0.261.00.050.250.550.520.90.930.51-0.150.940.990.870.520.970.33-0.490.830.85
0.931.0-0.120.970.540.91-0.170.930.170.360.710.340.980.840.28-0.060.990.920.960.340.930.36-0.560.670.96
-0.23-0.150.49-0.12-0.27-0.26-0.17-0.210.140.20.410.21-0.14-0.38-0.650.46-0.13-0.25-0.020.21-0.23-0.31-0.01-0.39-0.01
1.00.93-0.020.950.761.00.93-0.210.060.30.60.540.910.910.47-0.120.950.990.890.540.970.35-0.540.810.88
0.070.170.190.24-0.20.050.170.140.060.15-0.05-0.050.08-0.02-0.080.190.20.070.29-0.050.160.050.1-0.160.17
0.280.360.150.380.110.250.360.20.30.150.530.110.310.190.220.210.360.250.430.110.320.85-0.20.120.5
0.580.710.050.690.20.550.710.410.6-0.050.530.390.710.41-0.210.250.70.550.740.390.570.22-0.40.220.79
0.530.350.270.470.610.520.340.210.54-0.050.110.390.290.410.120.280.420.510.421.00.470.01-0.370.310.28
0.910.98-0.090.940.520.90.98-0.140.910.080.310.710.290.830.26-0.120.970.910.930.290.910.3-0.60.680.97
0.930.84-0.030.870.750.930.84-0.380.91-0.020.190.410.410.830.51-0.240.870.960.780.410.950.34-0.40.830.75
0.480.27-0.140.310.660.510.28-0.650.47-0.080.22-0.210.120.260.51-0.40.30.480.180.120.470.59-0.150.70.2
-0.14-0.060.24-0.01-0.21-0.15-0.060.46-0.120.190.210.250.28-0.12-0.24-0.4-0.05-0.170.080.28-0.15-0.030.09-0.39-0.04
0.950.990.00.990.580.940.99-0.130.950.20.360.70.420.970.870.3-0.050.950.980.420.960.34-0.520.670.95
1.00.92-0.010.950.760.990.92-0.250.990.070.250.550.510.910.960.48-0.170.950.880.510.990.32-0.510.810.85
0.890.960.130.980.460.870.96-0.020.890.290.430.740.420.930.780.180.080.980.880.420.90.34-0.460.540.95
0.530.350.270.470.610.520.340.210.54-0.050.110.391.00.290.410.120.280.420.510.420.470.01-0.370.310.28
0.980.930.010.970.710.970.93-0.230.970.160.320.570.470.910.950.47-0.150.960.990.90.470.38-0.460.780.86
0.340.35-0.130.360.290.330.36-0.310.350.050.850.220.010.30.340.59-0.030.340.320.340.010.38-0.20.340.4
-0.52-0.560.21-0.47-0.44-0.49-0.56-0.01-0.540.1-0.2-0.4-0.37-0.6-0.4-0.150.09-0.52-0.51-0.46-0.37-0.46-0.2-0.45-0.57
0.810.66-0.130.650.910.830.67-0.390.81-0.160.120.220.310.680.830.7-0.390.670.810.540.310.780.34-0.450.6
0.870.960.00.930.440.850.96-0.010.880.170.50.790.280.970.750.2-0.040.950.850.950.280.860.4-0.570.6
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Asahi Songwon Account Relationship Matchups

Asahi Songwon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.9B4.7B5.5B5.7B6.6B6.9B
Short Long Term Debt Total501.5M874.6M1.8B2.0B2.3B2.4B
Other Current Liab61.6M67.3M38.7M99.3M89.4M63.9M
Total Current Liabilities908.5M1.4B2.1B2.2B2.5B2.6B
Total Stockholder Equity2.3B2.4B2.2B2.4B2.7B1.6B
Property Plant And Equipment Net2.2B2.3B2.7B2.9B3.3B3.5B
Net Debt497.0M871.6M1.8B1.9B2.2B2.3B
Cash4.5M3.0M7.1M26.0M23.4M13.9M
Non Current Assets Total2.3B2.4B3.1B3.3B3.7B3.9B
Non Currrent Assets Other34.2M25.0M77.6M34.1M30.7M32.2M
Cash And Short Term Investments4.5M3.0M90.5M26.6M30.6M24.4M
Net Receivables(499K)(38.8M)1.1B1.2B1.4B1.5B
Liabilities And Stockholders Equity3.9B4.7B5.5B5.7B6.6B6.9B
Non Current Liabilities Total243.2M446.8M757.7M911.8M1.0B1.1B
Inventory487.2M1.1B862.3M849.0M976.4M1.0B
Other Current Assets1.1B1.2B1.5B392.6M451.5M436.9M
Total Liab1.2B1.9B2.9B3.1B3.6B3.7B
Total Current Assets1.6B2.3B2.4B2.5B2.9B3.0B
Accumulated Other Comprehensive Income279.1M275.7M218.9M2.2B2.6B2.7B
Short Term Debt426.5M599.4M1.2B1.3B1.5B1.5B
Accounts Payable416.4M734.4M814.8M795.9M915.3M961.0M
Current Deferred Revenue60.8M56.6M18.1M126K113.4K107.7K
Retained Earnings1.8B2.0B1.8B2.0B2.3B1.4B
Other Liab130.7M168.2M176.1M757.7M871.3M914.9M
Net Tangible Assets2.0B2.3B2.4B1.9B2.2B2.0B
Other Assets73.9M35.5M(2K)76.1M87.5M91.9M
Long Term Debt75M270.8M559.5M691.8M795.6M835.3M
Short Long Term Debt376.3M603.8M1.2B1.3B1.5B1.5B
Property Plant Equipment1.4B2.2B2.3B2.7B3.1B1.8B
Long Term Debt Total125.2M75M270.8M559.5M643.5M675.6M
Short Term Investments19.5M40.3M83.4M628K722.2K686.1K
Net Invested Capital2.7B3.3B4.0B4.3B5.0B3.4B
Net Working Capital719.0M876.9M251.2M318.0M286.2M464.8M

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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.