Heavitree Accounts Payable vs Total Assets Analysis

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Heavitree Brewery financial indicator trend analysis is much more than just examining Heavitree Brewery latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heavitree Brewery is a good investment. Please check the relationship between Heavitree Brewery Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heavitree Brewery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heavitree Brewery Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Heavitree Brewery's Accounts Payable and Total Assets is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Heavitree Brewery, assuming nothing else is changed. The correlation between historical values of Heavitree Brewery's Accounts Payable 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 Accounts Payable of Heavitree Brewery 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 Accounts Payable i.e., Heavitree Brewery's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Heavitree Brewery 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 Heavitree Brewery 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.

Total Assets

Total assets refers to the total amount of Heavitree Brewery 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 Heavitree Brewery 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 Heavitree Brewery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heavitree Brewery 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 Heavitree Brewery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 12, 2024, Tax Provision is expected to decline to about 329.6 K. In addition to that, Selling General Administrative is expected to decline to about 1.5 M
 2021 2022 2023 2024 (projected)
Gross Profit2.8M2.6M2.4M2.3M
Total Revenue7.3M7.3M6.6M6.6M

Heavitree Brewery fundamental ratios Correlations

-0.210.360.96-0.450.95-0.68-0.4-0.65-0.34-0.21-0.58-0.46-0.39-0.03-0.32-0.240.030.920.430.96-0.24-0.29-0.43-0.310.89
-0.21-0.08-0.2-0.5-0.210.06-0.040.090.120.190.070.150.13-0.130.07-0.02-0.16-0.21-0.09-0.21-0.330.12-0.380.99-0.21
0.36-0.080.2-0.620.2-0.770.39-0.730.230.62-0.680.46-0.430.60.460.140.610.16-0.360.22-0.270.56-0.06-0.150.09
0.96-0.20.2-0.41.0-0.61-0.54-0.58-0.47-0.36-0.52-0.57-0.35-0.16-0.46-0.31-0.10.960.530.99-0.18-0.43-0.47-0.280.94
-0.45-0.5-0.62-0.4-0.390.830.290.790.29-0.410.79-0.240.17-0.380.140.32-0.37-0.29-0.08-0.380.35-0.040.49-0.42-0.23
0.95-0.210.21.0-0.39-0.61-0.53-0.59-0.47-0.39-0.51-0.6-0.33-0.16-0.44-0.33-0.10.960.561.0-0.16-0.4-0.47-0.290.94
-0.680.06-0.77-0.610.83-0.610.260.970.35-0.30.92-0.090.27-0.480.170.31-0.51-0.53-0.16-0.610.20.00.340.15-0.46
-0.4-0.040.39-0.540.29-0.530.260.30.910.390.370.38-0.20.150.960.710.15-0.41-0.74-0.49-0.120.850.37-0.03-0.41
-0.650.09-0.73-0.580.79-0.590.970.30.44-0.20.96-0.10.16-0.560.230.42-0.58-0.49-0.23-0.580.140.030.280.19-0.42
-0.340.120.23-0.470.29-0.470.350.910.440.350.50.21-0.17-0.020.930.720.0-0.31-0.62-0.42-0.180.790.140.13-0.3
-0.210.190.62-0.36-0.41-0.39-0.30.39-0.20.35-0.290.82-0.250.440.460.30.39-0.45-0.63-0.38-0.210.490.030.18-0.48
-0.580.07-0.68-0.520.79-0.510.920.370.960.5-0.29-0.270.15-0.630.290.45-0.64-0.36-0.19-0.490.110.10.230.15-0.3
-0.460.150.46-0.57-0.24-0.6-0.090.38-0.10.210.82-0.27-0.10.610.390.130.52-0.72-0.61-0.61-0.040.480.290.17-0.76
-0.390.13-0.43-0.350.17-0.330.27-0.20.16-0.17-0.250.15-0.10.16-0.31-0.390.17-0.290.41-0.350.53-0.220.250.14-0.26
-0.03-0.130.6-0.16-0.38-0.16-0.480.15-0.56-0.020.44-0.630.610.160.12-0.130.99-0.24-0.14-0.170.20.260.26-0.18-0.29
-0.320.070.46-0.460.14-0.440.170.960.230.930.460.290.39-0.310.120.680.11-0.35-0.75-0.41-0.290.920.110.08-0.37
-0.24-0.020.14-0.310.32-0.330.310.710.420.720.30.450.13-0.39-0.130.68-0.11-0.18-0.81-0.28-0.450.340.230.0-0.13
0.03-0.160.61-0.1-0.37-0.1-0.510.15-0.580.00.39-0.640.520.170.990.11-0.11-0.16-0.11-0.110.20.240.25-0.21-0.2
0.92-0.210.160.96-0.290.96-0.53-0.41-0.49-0.31-0.45-0.36-0.72-0.29-0.24-0.35-0.18-0.160.510.97-0.19-0.36-0.44-0.290.99
0.43-0.09-0.360.53-0.080.56-0.16-0.74-0.23-0.62-0.63-0.19-0.610.41-0.14-0.75-0.81-0.110.510.530.48-0.56-0.21-0.120.51
0.96-0.210.220.99-0.381.0-0.61-0.49-0.58-0.42-0.38-0.49-0.61-0.35-0.17-0.41-0.28-0.110.970.53-0.19-0.39-0.47-0.290.96
-0.24-0.33-0.27-0.180.35-0.160.2-0.120.14-0.18-0.210.11-0.040.530.2-0.29-0.450.2-0.190.48-0.19-0.130.52-0.3-0.18
-0.290.120.56-0.43-0.04-0.40.00.850.030.790.490.10.48-0.220.260.920.340.24-0.36-0.56-0.39-0.130.030.11-0.42
-0.43-0.38-0.06-0.470.49-0.470.340.370.280.140.030.230.290.250.260.110.230.25-0.44-0.21-0.470.520.03-0.34-0.41
-0.310.99-0.15-0.28-0.42-0.290.15-0.030.190.130.180.150.170.14-0.180.080.0-0.21-0.29-0.12-0.29-0.30.11-0.34-0.28
0.89-0.210.090.94-0.230.94-0.46-0.41-0.42-0.3-0.48-0.3-0.76-0.26-0.29-0.37-0.13-0.20.990.510.96-0.18-0.42-0.41-0.28
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Heavitree Brewery Account Relationship Matchups

Heavitree Brewery fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab371K613K671K599K539.1K605.1K
Total Current Liabilities2.4M2.3M1.7M3.4M3.0M3.6M
Total Stockholder Equity12.7M13.5M15.4M16.6M14.9M10.7M
Common Stock Shares Outstanding4.8M4.8M4.8M4.8M4.4M7.9M
Liabilities And Stockholders Equity20.3M20.9M20.5M21.3M19.2M16.3M
Non Current Liabilities Total5.2M5.2M3.4M1.4M1.6M2.6M
Other Stockholder Equity(831K)(833K)(840K)(326K)(293.4K)(278.7K)
Total Liab7.6M7.5M5.1M4.7M5.5M7.6M
Total Assets20.3M20.9M20.5M21.3M19.2M16.4M
Short Long Term Debt Total5.8M5.2M2.4M2.2M2.5M4.9M
Property Plant And Equipment Net16.6M16.5M16.7M17.0M15.3M14.4M
Net Debt5.8M5.2M1.6M1.8M2.1M2.0M
Retained Earnings13.3M14.0M16.0M16.7M19.2M20.1M
Accounts Payable295K371K462K406K365.4K388.5K
Cash49K52K788K373K429.0K284.6K
Non Current Assets Total18.8M18.0M17.9M19.7M17.7M15.0M
Non Currrent Assets Other2.2M1.5M1.2M70K80.5K76.5K
Cash And Short Term Investments49K52K788K373K335.7K233.3K
Short Term Investments(1.5M)(2.1M)(1.5M)(1.2M)(1.1M)(1.0M)
Other Current Assets219K883K1.8M1.2M1.4M1.3M
Property Plant And Equipment Gross16.6M16.5M16.7M19.9M17.9M14.5M
Total Current Assets1.6M2.9M2.6M1.6M1.9M1.9M
Accumulated Other Comprehensive Income691K696K697K715K822.3K863.4K
Short Term Debt1.5M1.2M229K2.1M1.9M2.6M
Net Receivables1.3M1.9M1.3M1.2M1.3M1.3M
Other Liab770K902K1.1M1.2M1.1M1.2M
Net Tangible Assets12.6M12.7M13.5M15.4M17.7M12.3M
Short Long Term Debt1.5M1.1M184K2.1M1.9M2.4M
Property Plant Equipment19.2M18.7M18.0M16.7M19.2M19.2M
Capital Lease Obligations50K96K98K122K140.3K84.6K
Net Invested Capital18.5M13.5M15.4M18.6M16.8M13.8M
Net Working Capital(868K)631K908K(1.7M)(2.0M)(2.1M)

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Other Information on Investing in Heavitree Stock

Balance Sheet is a snapshot of the financial position of Heavitree Brewery at a specified time, usually calculated after every quarter, six months, or one year. Heavitree Brewery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heavitree Brewery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Heavitree currently owns. An asset can also be divided into two categories, current and non-current.