Cohu Accounts Payable vs Intangible Assets Analysis

COHU Stock  USD 25.98  0.13  0.50%   
Cohu financial indicator trend analysis is way more than just evaluating Cohu Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cohu Inc is a good investment. Please check the relationship between Cohu Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cohu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cohu Inc Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cohu's Accounts Payable and Intangible Assets is 0.67. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Cohu Inc, assuming nothing else is changed. The correlation between historical values of Cohu's Accounts Payable and Intangible 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 Accounts Payable of Cohu Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Cohu's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Cohu obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cohu Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Cohu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cohu Inc 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 Cohu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Cohu's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 50.7 K in 2024, whereas Enterprise Value Multiple is likely to drop 8.55 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.4M4.2M3.4M3.9M
Depreciation And Amortization48.6M48.1M49.7M52.2M

Cohu fundamental ratios Correlations

0.650.620.820.910.960.150.430.90.960.850.950.980.840.660.980.120.970.730.650.95-0.350.860.730.740.52
0.650.750.770.290.720.83-0.350.330.830.190.640.730.511.00.570.050.50.980.150.41-0.410.920.470.640.07
0.620.750.870.340.60.5-0.120.420.670.310.740.610.650.780.570.140.470.840.00.510.070.730.270.810.23
0.820.770.870.60.80.370.020.680.820.60.920.790.860.790.770.070.730.880.160.75-0.290.810.450.960.37
0.910.290.340.60.84-0.250.740.950.770.970.840.860.780.290.940.140.960.390.780.97-0.250.60.690.550.62
0.960.720.60.80.840.270.320.80.960.750.890.970.820.710.950.160.910.770.620.87-0.390.870.740.70.41
0.150.830.50.37-0.250.27-0.74-0.250.41-0.380.130.270.020.820.060.06-0.040.73-0.23-0.14-0.280.60.10.25-0.31
0.43-0.35-0.120.020.740.32-0.740.650.20.750.340.340.35-0.350.530.250.54-0.260.710.620.05-0.010.290.00.57
0.90.330.420.680.950.8-0.250.650.750.970.870.830.810.340.9-0.010.940.450.690.97-0.250.60.680.670.63
0.960.830.670.820.770.960.410.20.750.660.890.990.750.820.910.090.880.860.590.82-0.380.960.760.70.39
0.850.190.310.60.970.75-0.380.750.970.660.820.760.790.20.870.10.920.310.670.97-0.240.480.580.580.64
0.950.640.740.920.840.890.130.340.870.890.820.910.870.650.930.050.920.750.450.93-0.270.810.610.870.49
0.980.730.610.790.860.970.270.340.830.990.760.910.790.730.960.090.940.780.660.88-0.340.910.80.690.42
0.840.510.650.860.780.820.020.350.810.750.790.870.790.540.830.080.830.650.40.86-0.260.640.530.820.58
0.661.00.780.790.290.710.82-0.350.340.820.20.650.730.540.570.040.50.990.130.42-0.390.920.460.670.09
0.980.570.570.770.940.950.060.530.90.910.870.930.960.830.570.250.960.650.670.96-0.330.80.70.690.51
0.120.050.140.070.140.160.060.25-0.010.090.10.050.090.080.040.250.070.050.10.14-0.020.07-0.070.00.06
0.970.50.470.730.960.91-0.040.540.940.880.920.920.940.830.50.960.070.580.70.97-0.340.750.740.670.57
0.730.980.840.880.390.770.73-0.260.450.860.310.750.780.650.990.650.050.580.140.53-0.380.930.480.780.17
0.650.150.00.160.780.62-0.230.710.690.590.670.450.660.40.130.670.10.70.140.65-0.220.460.70.070.63
0.950.410.510.750.970.87-0.140.620.970.820.970.930.880.860.420.960.140.970.530.65-0.280.670.640.710.6
-0.35-0.410.07-0.29-0.25-0.39-0.280.05-0.25-0.38-0.24-0.27-0.34-0.26-0.39-0.33-0.02-0.34-0.38-0.22-0.28-0.41-0.11-0.16-0.27
0.860.920.730.810.60.870.6-0.010.60.960.480.810.910.640.920.80.070.750.930.460.67-0.410.650.670.32
0.730.470.270.450.690.740.10.290.680.760.580.610.80.530.460.7-0.070.740.480.70.64-0.110.650.460.19
0.740.640.810.960.550.70.250.00.670.70.580.870.690.820.670.690.00.670.780.070.71-0.160.670.460.28
0.520.070.230.370.620.41-0.310.570.630.390.640.490.420.580.090.510.060.570.170.630.6-0.270.320.190.28
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Cohu Account Relationship Matchups

Cohu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.3B1.2B1.2B1.2B
Short Long Term Debt Total381.9M345.7M139.8M98.2M58.9M56.0M
Other Current Liab86.0M88.8M86.0M76.2M46.0M34.0M
Total Current Liabilities148.9M174.9M192.5M160.9M103.4M58.4M
Total Stockholder Equity483.1M511.6M882.5M928.8M950.2M997.7M
Property Plant And Equipment Net104.2M96.1M89.0M87.8M85.9M90.2M
Net Debt226.7M196.4M(150.4M)(144.2M)(186.6M)(177.3M)
Retained Earnings42.5M26.2M193.6M290.4M318.6M334.5M
Cash155.2M149.4M290.2M242.3M245.5M257.8M
Non Current Assets Total638.0M610.0M508.3M462.6M511.5M537.1M
Cash And Short Term Investments156.1M170.0M379.9M385.6M335.7M352.5M
Net Receivables127.9M151.9M192.9M176.1M124.6M130.9M
Good Will238.7M252.3M219.8M213.5M241.7M253.7M
Common Stock Shares Outstanding41.2M41.9M48.5M48.8M48.0M27.1M
Liabilities And Stockholders Equity1.1B1.1B1.3B1.2B1.2B1.2B
Non Current Liabilities Total445.8M409.0M184.1M137.7M96.8M57.7M
Inventory130.7M142.5M161.1M170.1M155.8M163.6M
Other Current Assets21.5M20.6M17.0M33.0M22.7M21.1M
Other Stockholder Equity433.2M448.2M667.5M629.2M617.0M647.8M
Total Liab594.6M583.9M376.5M298.6M200.2M116.0M
Property Plant And Equipment Gross104.2M66.9K64.0M65.0M172.6M181.2M
Total Current Assets439.7M485.5M750.8M764.9M638.8M670.8M
Accumulated Other Comprehensive Income(34.0M)(4.3M)(27.3M)(40.0M)(34.8M)(33.0M)
Short Term Debt6.5M13.9M14.4M6.3M11.5M16.6M
Intangible Assets275.0M233.7M177.3M140.1M151.8M159.4M
Non Currrent Assets Other20.1M27.9M22.1M(254K)32.2M33.9M
Accounts Payable48.7M67.9M85.2M51.8M33.6M23.1M
Common Stock Total Equity41.4M42.2K48.8M49.3M56.7M28.6M
Short Term Investments904K20.7M89.7M143.2M90.2M94.7M
Common Stock41.4M42.2M48.8M49.3M49.4M31.5M
Other Liab70.4M71.6M58.7M45.8M52.7M55.3M
Other Assets9.8M18K22.1M6.4M7.4M4.9M
Property Plant Equipment70.9M66.9M89.0M65.0M74.8M45.7M
Current Deferred Revenue7.6M8.7M13.2M8.0M8.3M7.5M
Net Tangible Assets511.9M538.1M485.4M594.4M683.6M717.7M
Long Term Debt346.5M311.6M103.4M72.7M34.3M32.6M
Retained Earnings Total Equity42.5M26.2M193.6M290.4M334.0M350.7M
Capital Surpluse433.2M448.2M674.8M687.2M790.3M829.8M
Deferred Long Term Liab31.3M28.8M25.9M21.4M24.6M21.2M

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Additional Tools for Cohu Stock Analysis

When running Cohu's price analysis, check to measure Cohu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cohu is operating at the current time. Most of Cohu's value examination focuses on studying past and present price action to predict the probability of Cohu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cohu's price. Additionally, you may evaluate how the addition of Cohu to your portfolios can decrease your overall portfolio volatility.