Compal Depreciation And Amortization vs Total Assets Analysis

CEIR Stock   3.10  0.00  0.00%   
Compal Electronics financial indicator trend analysis is way more than just evaluating Compal Electronics GDR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compal Electronics GDR is a good investment. Please check the relationship between Compal Electronics Depreciation And Amortization and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compal Electronics GDR. 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.

Depreciation And Amortization vs Total Assets

Depreciation And Amortization vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compal Electronics GDR Depreciation And Amortization account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Compal Electronics' Depreciation And Amortization and Total Assets is 0.81. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Assets in the same time period over historical financial statements of Compal Electronics GDR, assuming nothing else is changed. The correlation between historical values of Compal Electronics' Depreciation And Amortization and Total 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 Depreciation And Amortization of Compal Electronics GDR are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Depreciation And Amortization i.e., Compal Electronics' Depreciation And Amortization and Total Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Assets

Total assets refers to the total amount of Compal Electronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Compal Electronics GDR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Compal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compal Electronics GDR 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 Compal Electronics GDR. 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.
Selling General Administrative is likely to gain to about 6.6 B in 2024, whereas Tax Provision is likely to drop slightly above 2.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.0B3.2B5.1B5.3B
Depreciation And Amortization6.9B7.5B7.9B5.3B

Compal Electronics fundamental ratios Correlations

0.930.910.990.780.680.660.850.590.940.80.4-0.550.80.950.690.170.270.94-0.470.510.991.00.940.60.02
0.930.860.930.550.620.630.940.390.780.80.25-0.330.810.870.440.070.440.91-0.580.310.950.930.980.370.11
0.910.860.870.810.860.690.760.620.760.770.61-0.50.750.810.690.290.470.89-0.470.530.890.890.820.7-0.13
0.990.930.870.720.610.630.870.530.950.770.31-0.530.780.970.630.10.20.93-0.450.481.01.00.960.520.08
0.780.550.810.720.690.550.480.660.730.590.55-0.760.580.730.910.360.070.71-0.220.660.710.750.580.87-0.15
0.680.620.860.610.690.740.560.60.510.540.86-0.210.510.490.470.430.460.76-0.340.390.650.620.570.61-0.34
0.660.630.690.630.550.740.680.50.520.570.50.020.550.510.270.650.260.75-0.250.090.640.630.630.5-0.32
0.850.940.760.870.480.560.680.230.720.60.24-0.240.610.830.360.170.310.84-0.610.320.880.860.940.340.11
0.590.390.620.530.660.60.50.230.590.660.58-0.30.630.440.50.420.280.59-0.040.190.550.550.370.6-0.36
0.940.780.760.950.730.510.520.720.590.690.31-0.630.70.950.710.10.050.84-0.340.550.930.940.840.570.04
0.80.80.770.770.590.540.570.60.660.690.23-0.341.00.680.470.160.540.77-0.40.190.80.810.750.43-0.01
0.40.250.610.310.550.860.50.240.580.310.23-0.190.190.230.420.510.410.42-0.240.410.340.310.180.62-0.57
-0.55-0.33-0.5-0.53-0.76-0.210.02-0.24-0.3-0.63-0.34-0.19-0.36-0.65-0.920.130.11-0.380.21-0.84-0.51-0.56-0.38-0.63-0.08
0.80.810.750.780.580.510.550.610.630.71.00.19-0.360.690.480.140.50.76-0.410.210.810.810.760.420.08
0.950.870.810.970.730.490.510.830.440.950.680.23-0.650.690.720.060.110.83-0.460.560.960.970.910.560.12
0.690.440.690.630.910.470.270.360.50.710.470.42-0.920.480.720.210.030.53-0.260.830.620.670.470.87-0.02
0.170.070.290.10.360.430.650.170.420.10.160.510.130.140.060.210.230.19-0.110.020.120.130.030.64-0.32
0.270.440.470.20.070.460.260.310.280.050.540.410.110.50.110.030.230.27-0.5-0.010.290.240.240.19-0.27
0.940.910.890.930.710.760.750.840.590.840.770.42-0.380.760.830.530.190.27-0.360.380.940.940.920.5-0.01
-0.47-0.58-0.47-0.45-0.22-0.34-0.25-0.61-0.04-0.34-0.4-0.240.21-0.41-0.46-0.26-0.11-0.5-0.36-0.34-0.49-0.46-0.52-0.26-0.08
0.510.310.530.480.660.390.090.320.190.550.190.41-0.840.210.560.830.02-0.010.38-0.340.460.480.340.630.09
0.990.950.891.00.710.650.640.880.550.930.80.34-0.510.810.960.620.120.290.94-0.490.460.990.960.530.05
1.00.930.891.00.750.620.630.860.550.940.810.31-0.560.810.970.670.130.240.94-0.460.480.990.960.560.07
0.940.980.820.960.580.570.630.940.370.840.750.18-0.380.760.910.470.030.240.92-0.520.340.960.960.360.18
0.60.370.70.520.870.610.50.340.60.570.430.62-0.630.420.560.870.640.190.5-0.260.630.530.560.36-0.18
0.020.11-0.130.08-0.15-0.34-0.320.11-0.360.04-0.01-0.57-0.080.080.12-0.02-0.32-0.27-0.01-0.080.090.050.070.18-0.18
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Compal Electronics Account Relationship Matchups

Compal Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets382.6B466.9B537.1B453.5B436.8B373.3B
Short Long Term Debt Total89.9B115.4B146.0B117.3B96.0B70.7B
Other Current Liab27.1B28.3B36.0B37.2B38.3B23.9B
Total Current Liabilities255.8B335.5B402.2B302.4B277.3B241.0B
Total Stockholder Equity106.0B106.8B111.4B116.3B119.6B109.4B
Property Plant And Equipment Net23.3B25.6B30.1B42.5B42.8B24.4B
Current Deferred Revenue28.1B30.6B39.0B39.8B45.8B48.1B
Net Debt23.4B26.3B70.9B37.7B23.5B24.7B
Retained Earnings30.5B38.0B41.0B39.2B47.3B38.7B
Accounts Payable144.4B199.7B224.1B161.8B159.0B154.9B
Cash66.6B89.1B75.2B79.7B72.5B69.5B
Non Current Assets Total39.5B42.5B50.0B62.8B67.8B50.7B
Non Currrent Assets Other2.0B3.1B2.3B2.1B5.8B6.1B
Cash And Short Term Investments67.9B91.4B75.6B79.7B72.5B70.5B
Net Receivables193.7B232.2B290.2B191.2B193.7B179.6B
Common Stock Shares Outstanding883.4M881.4M882.9M884.5M4.4B4.6B
Liabilities And Stockholders Equity382.6B466.9B537.1B453.5B436.8B373.3B
Non Current Liabilities Total12.1B15.4B13.3B23.7B26.7B14.3B
Inventory78.4B96.2B115.0B111.6B95.1B68.7B
Other Current Assets3.1B4.7B6.4B8.2B7.6B7.2B
Other Stockholder Equity31.4B24.7B26.2B33.0B28.6B26.3B
Total Liab267.9B350.9B415.6B326.1B304.0B255.3B
Total Current Assets343.2B424.5B487.1B390.7B368.9B322.7B
Short Term Debt79.9B102.1B135.1B96.1B72.4B58.2B
Short Term Investments1.3B2.2B400.8M187K52.1M49.5M
Intangible Assets1.6B1.5B1.5B1.7B1.5B1.4B
Accumulated Other Comprehensive Income(4.1B)(7.3B)(8.2B)(1.9B)(387.3M)(406.7M)

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