Compal Non Current Assets Total vs Depreciation And Amortization 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 Non Current Assets Total and its Depreciation And Amortization 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.

Non Current Assets Total vs Depreciation And Amortization

Non Current Assets Total vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compal Electronics GDR Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Compal Electronics' Non Current Assets Total and Depreciation And Amortization is 0.62. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization 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' Non Current Assets Total and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Compal Electronics GDR are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., Compal Electronics' Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
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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