AMTD Total Stockholder Equity vs Total Current Liabilities Analysis

HKD Stock  USD 2.99  0.06  2.05%   
AMTD Digital financial indicator trend analysis is way more than just evaluating AMTD Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMTD Digital is a good investment. Please check the relationship between AMTD Digital Total Stockholder Equity and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMTD Digital Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AMTD Digital's Total Stockholder Equity and Total Current Liabilities is -0.68. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of AMTD Digital, assuming nothing else is changed. The correlation between historical values of AMTD Digital's Total Stockholder Equity and Total Current Liabilities 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 AMTD Digital are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., AMTD Digital's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Total Current Liabilities

Total Current Liabilities is an item on AMTD Digital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AMTD Digital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from AMTD Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMTD Digital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.36, whereas Tax Provision is forecasted to decline to about 4.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.8M1.2M1.1M1.0M
Interest Income5.8M30.3M34.8M36.6M

AMTD Digital fundamental ratios Correlations

-0.260.94-0.39-0.4-0.5-0.05-0.290.75-0.7-0.860.780.930.120.91-0.21-0.27-0.140.94-0.440.461.0-0.72-0.340.940.91
-0.26-0.570.970.970.930.10.85-0.780.750.46-0.16-0.58-0.69-0.60.910.170.89-0.570.960.54-0.270.750.97-0.57-0.59
0.94-0.57-0.68-0.69-0.75-0.05-0.580.9-0.82-0.880.750.990.30.99-0.46-0.25-0.451.0-0.720.240.94-0.84-0.641.00.98
-0.390.97-0.681.00.950.030.94-0.840.720.52-0.35-0.68-0.57-0.70.780.110.91-0.681.00.33-0.40.721.0-0.69-0.69
-0.40.97-0.691.00.950.040.94-0.840.720.52-0.36-0.68-0.57-0.70.790.120.91-0.691.00.32-0.410.731.0-0.69-0.69
-0.50.93-0.750.950.950.320.83-0.940.770.53-0.49-0.79-0.72-0.810.830.420.73-0.750.950.27-0.510.790.94-0.76-0.8
-0.050.1-0.050.030.040.32-0.11-0.320.08-0.2-0.3-0.21-0.67-0.210.320.97-0.31-0.050.020.07-0.040.10.04-0.05-0.24
-0.290.85-0.580.940.940.83-0.11-0.70.470.35-0.4-0.55-0.35-0.570.54-0.070.92-0.580.940.16-0.30.480.95-0.59-0.55
0.75-0.780.9-0.84-0.84-0.94-0.32-0.7-0.85-0.690.650.940.650.95-0.71-0.48-0.560.9-0.86-0.070.75-0.86-0.810.910.95
-0.70.75-0.820.720.720.770.080.47-0.850.86-0.28-0.82-0.58-0.830.810.290.53-0.820.740.3-0.711.00.68-0.82-0.83
-0.860.46-0.880.520.520.53-0.20.35-0.690.86-0.44-0.82-0.11-0.830.440.030.38-0.880.55-0.13-0.870.860.46-0.87-0.82
0.78-0.160.75-0.35-0.36-0.49-0.3-0.40.65-0.28-0.440.780.060.760.02-0.41-0.060.75-0.380.690.77-0.32-0.330.750.77
0.93-0.580.99-0.68-0.68-0.79-0.21-0.550.94-0.82-0.820.780.411.0-0.5-0.41-0.390.99-0.710.220.93-0.84-0.640.991.0
0.12-0.690.3-0.57-0.57-0.72-0.67-0.350.65-0.58-0.110.060.410.43-0.85-0.71-0.330.3-0.55-0.620.12-0.58-0.580.310.44
0.91-0.60.99-0.7-0.7-0.81-0.21-0.570.95-0.83-0.830.761.00.43-0.53-0.41-0.420.99-0.730.190.92-0.85-0.660.991.0
-0.210.91-0.460.780.790.830.320.54-0.710.810.440.02-0.5-0.85-0.530.40.65-0.460.770.7-0.220.80.78-0.46-0.53
-0.270.17-0.250.110.120.420.97-0.07-0.480.290.03-0.41-0.41-0.71-0.410.4-0.28-0.250.110.03-0.260.30.11-0.26-0.43
-0.140.89-0.450.910.910.73-0.310.92-0.560.530.38-0.06-0.39-0.33-0.420.65-0.28-0.450.90.43-0.150.530.92-0.46-0.4
0.94-0.571.0-0.68-0.69-0.75-0.05-0.580.9-0.82-0.880.750.990.30.99-0.46-0.25-0.45-0.720.240.94-0.84-0.641.00.98
-0.440.96-0.721.01.00.950.020.94-0.860.740.55-0.38-0.71-0.55-0.730.770.110.9-0.720.29-0.450.750.99-0.73-0.72
0.460.540.240.330.320.270.070.16-0.070.3-0.130.690.22-0.620.190.70.030.430.240.290.440.280.350.240.19
1.0-0.270.94-0.4-0.41-0.51-0.04-0.30.75-0.71-0.870.770.930.120.92-0.22-0.26-0.150.94-0.450.44-0.73-0.350.940.92
-0.720.75-0.840.720.730.790.10.48-0.861.00.86-0.32-0.84-0.58-0.850.80.30.53-0.840.750.28-0.730.69-0.84-0.85
-0.340.97-0.641.01.00.940.040.95-0.810.680.46-0.33-0.64-0.58-0.660.780.110.92-0.640.990.35-0.350.69-0.65-0.65
0.94-0.571.0-0.69-0.69-0.76-0.05-0.590.91-0.82-0.870.750.990.310.99-0.46-0.26-0.461.0-0.730.240.94-0.84-0.650.98
0.91-0.590.98-0.69-0.69-0.8-0.24-0.550.95-0.83-0.820.771.00.441.0-0.53-0.43-0.40.98-0.720.190.92-0.85-0.650.98
Click cells to compare fundamentals

AMTD Digital Account Relationship Matchups

AMTD Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.1B3.2B661.7M595.5M565.7M
Other Current Liab64.2M135.8M101.8M4.7M5.4M5.1M
Total Current Liabilities2.3B135.8M107.1M139.5M125.6M119.3M
Total Stockholder Equity1.3B2.9B3.1B457.9M526.6M500.3M
Net Tangible Assets1.3B2.8B3.0B457.8M526.5M500.2M
Current Deferred Revenue35.7M39.1M41.5M10.2M11.7M11.1M
Net Debt2.0B(416.4M)(112.5M)(34.1M)(30.7M)(29.2M)
Retained Earnings151.3M329.7M548.9M111.7M128.5M122.0M
Accounts Payable6.6K14K10K493K443.7K241.5K
Cash196.2M416.4M112.5M153.7M176.8M198.3M
Non Current Assets Total208.7M408.8M245.3M342.2M393.5M305.5M
Cash And Short Term Investments196.2M416.4M112.5M163.0M146.7M199.4M
Net Receivables408.3M284.4M39.5M9.8M8.8M8.4M
Common Stock Shares Outstanding100.4M132.3M169.0M185.5M213.3M169.9M
Liabilities And Stockholders Equity3.6B3.0B3.2B661.7M595.5M565.7M
Non Current Liabilities Total25.3M38.1M11.1M1.0M927.9K881.5K
Other Current Assets63.1M2.5M2.3M12.7M11.5M13.6M
Other Stockholder Equity(151.4M)2.4B2.4B(52.2M)(60.1M)(57.1M)
Total Liab2.3B135.8M107.1M140.6M126.5M120.2M
Net Invested Capital1.3B2.9B3.1B577.6M664.2M631.0M
Long Term Investments208.7M294.0M150.1M103.3M92.9M150.3M
Total Current Assets3.4B2.7B3.0B319.5M287.6M273.2M
Cash And Equivalents196.2M416.4M112.5M152.9M175.9M194.4M
Net Working Capital1.1B2.5B2.9B180.0M207.0M196.6M
Short Term Debt2.2B87.4M0.0119.6M107.6M102.3M
Common Stock38.0K54.3K54.9K8K7.2K6.8K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether AMTD Digital is a strong investment it is important to analyze AMTD Digital'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 AMTD Digital's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Application Software 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 AMTD Digital. If investors know AMTD 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 AMTD Digital 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
1.696
Earnings Share
0.33
Revenue Per Share
0.145
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0061
The market value of AMTD Digital is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital'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 AMTD Digital's market value can be influenced by many factors that don't directly affect AMTD Digital'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 AMTD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital'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.