Coupang Total Current Assets vs Cash Analysis
CPNG Stock | USD 25.36 0.11 0.43% |
Coupang LLC financial indicator trend analysis is way more than just evaluating Coupang LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coupang LLC is a good investment. Please check the relationship between Coupang LLC Total Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coupang LLC. 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. For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coupang LLC Total Current Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Coupang LLC's Total Current Assets and Cash is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Coupang LLC, assuming nothing else is changed. The correlation between historical values of Coupang LLC's Total Current Assets and Cash 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 Current Assets of Coupang LLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Coupang LLC's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash
Cash refers to the most liquid asset of Coupang LLC, which is listed under current asset account on Coupang LLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Coupang LLC customers. The amounts must be unrestricted with restricted cash listed in a different Coupang LLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Coupang LLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coupang LLC 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 Coupang LLC. 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. For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.At this time, Coupang LLC's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 201.5M | 540.6M | 613M | 643.7M | Interest Income | 8.6M | 52.8M | 178M | 186.9M |
Coupang LLC fundamental ratios Correlations
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Coupang LLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coupang LLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 150.8M | 328.1M | 283.9M | 846.7M | 878M | 468.2M | |
Total Current Liabilities | 1.9B | 3.7B | 4.7B | 5.1B | 6.9B | 4.4B | |
Other Liab | 247.5M | 130.0M | 237.1M | 264.9M | 304.7M | 232.0M | |
Net Tangible Assets | (3.5B) | (4.1B) | 2.2B | 2.4B | 2.8B | 2.9B | |
Retained Earnings | (3.6B) | (4.1B) | (5.7B) | (5.7B) | (4.4B) | (4.6B) | |
Accounts Payable | 1.6B | 2.9B | 3.4B | 3.6B | 5.1B | 3.3B | |
Other Assets | 67.5M | 193.2M | 273.1M | 457.6M | 526.2M | 552.5M | |
Net Receivables | 63.9M | 71.3M | 175.4M | 184.5M | 314M | 329.7M | |
Inventory | 631.7M | 1.2B | 1.4B | 1.7B | 1.7B | 1.3B | |
Other Current Assets | 93.0M | 211.8M | 784.7M | 479.5M | 669M | 448.0M | |
Other Stockholder Equity | (3.4B) | 34.9M | 7.9B | 8.2B | 8.5B | 8.9B | |
Total Current Assets | 2.2B | 2.8B | 5.6B | 5.8B | 7.9B | 4.7B | |
Property Plant Equipment | 1.0B | 2.0B | 2.7B | 3.2B | 3.7B | 2.1B |
Currently Active Assets on Macroaxis
When determining whether Coupang LLC is a strong investment it is important to analyze Coupang LLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coupang LLC's future performance. For an informed investment choice regarding Coupang Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coupang LLC. 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. For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coupang LLC. If investors know Coupang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coupang LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Earnings Share 0.57 | Revenue Per Share 16.116 | Quarterly Revenue Growth 0.272 | Return On Assets 0.0152 |
The market value of Coupang LLC is measured differently than its book value, which is the value of Coupang that is recorded on the company's balance sheet. Investors also form their own opinion of Coupang LLC's value that differs from its market value or its book value, called intrinsic value, which is Coupang LLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coupang LLC's market value can be influenced by many factors that don't directly affect Coupang LLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coupang LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coupang LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coupang LLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.