ChipMOS Accounts Payable vs Cash Analysis

IMOS Stock  USD 19.24  0.06  0.31%   
ChipMOS Technologies financial indicator trend analysis is way more than just evaluating ChipMOS Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChipMOS Technologies is a good investment. Please check the relationship between ChipMOS Technologies Accounts Payable and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChipMOS Technologies Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ChipMOS Technologies' Accounts Payable and Cash is -0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of ChipMOS Technologies, assuming nothing else is changed. The correlation between historical values of ChipMOS Technologies' Accounts Payable 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 Accounts Payable of ChipMOS Technologies 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 Accounts Payable i.e., ChipMOS Technologies' Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents ChipMOS Technologies 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 ChipMOS Technologies 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.

Cash

Cash refers to the most liquid asset of ChipMOS Technologies, which is listed under current asset account on ChipMOS Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ChipMOS Technologies customers. The amounts must be unrestricted with restricted cash listed in a different ChipMOS Technologies 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 ChipMOS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChipMOS Technologies 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 ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.At this time, ChipMOS Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 32.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 468 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense131.2M142.4M266.4M147.6M
Depreciation And Amortization4.6B4.8B4.8B4.3B

ChipMOS Technologies fundamental ratios Correlations

0.790.040.550.940.830.370.320.830.730.270.730.490.240.72-0.020.590.710.910.520.750.910.570.7-0.09-0.75
0.79-0.150.160.590.610.090.540.40.460.20.540.450.160.41-0.150.40.920.720.540.580.950.570.58-0.17-0.6
0.04-0.150.350.1-0.14-0.03-0.350.06-0.330.33-0.12-0.40.290.23-0.28-0.3-0.21-0.09-0.190.1-0.06-0.280.190.210.22
0.550.160.350.530.190.25-0.510.670.270.690.080.010.690.440.320.02-0.120.40.320.160.310.390.740.65-0.21
0.940.590.10.530.830.370.240.860.690.20.750.390.160.73-0.110.630.540.850.420.840.740.440.59-0.08-0.67
0.830.61-0.140.190.830.460.640.710.85-0.250.950.48-0.290.7-0.160.790.720.780.450.770.770.420.22-0.49-0.85
0.370.09-0.030.250.370.460.240.40.64-0.190.480.64-0.170.090.150.240.20.59-0.080.310.290.00.04-0.26-0.21
0.320.54-0.35-0.510.240.640.24-0.020.47-0.690.730.46-0.710.23-0.430.50.780.450.110.540.540.06-0.31-0.8-0.53
0.830.40.060.670.860.710.4-0.020.710.340.610.40.340.60.270.620.310.710.340.460.580.380.580.11-0.62
0.730.46-0.330.270.690.850.640.470.71-0.160.780.69-0.160.540.20.770.560.780.270.540.650.350.26-0.4-0.71
0.270.20.330.690.2-0.25-0.19-0.690.34-0.16-0.41-0.150.990.040.39-0.25-0.130.080.18-0.150.160.260.830.80.21
0.730.54-0.120.080.750.950.480.730.610.78-0.410.54-0.440.61-0.250.750.690.780.240.760.690.210.02-0.57-0.77
0.490.45-0.40.010.390.480.640.460.40.69-0.150.54-0.110.090.130.510.540.69-0.010.310.520.160.15-0.37-0.42
0.240.160.290.690.16-0.29-0.17-0.710.34-0.160.99-0.44-0.110.020.43-0.26-0.180.070.14-0.190.120.250.810.830.21
0.720.410.230.440.730.70.090.230.60.540.040.610.090.02-0.090.460.420.530.470.670.590.50.42-0.18-0.76
-0.02-0.15-0.280.32-0.11-0.160.15-0.430.270.20.39-0.250.130.43-0.09-0.21-0.250.04-0.07-0.48-0.10.150.230.350.1
0.590.4-0.30.020.630.790.240.50.620.77-0.250.750.51-0.260.46-0.210.510.520.270.540.50.190.08-0.43-0.7
0.710.92-0.21-0.120.540.720.20.780.310.56-0.130.690.54-0.180.42-0.250.510.720.440.640.910.440.31-0.53-0.66
0.910.72-0.090.40.850.780.590.450.710.780.080.780.690.070.530.040.520.720.260.750.850.380.51-0.23-0.62
0.520.54-0.190.320.420.45-0.080.110.340.270.180.24-0.010.140.47-0.070.270.440.260.270.550.940.530.0-0.68
0.750.580.10.160.840.770.310.540.460.54-0.150.760.31-0.190.67-0.480.540.640.750.270.680.260.3-0.37-0.57
0.910.95-0.060.310.740.770.290.540.580.650.160.690.520.120.59-0.10.50.910.850.550.680.590.61-0.24-0.72
0.570.57-0.280.390.440.420.00.060.380.350.260.210.160.250.50.150.190.440.380.940.260.590.630.05-0.67
0.70.580.190.740.590.220.04-0.310.580.260.830.020.150.810.420.230.080.310.510.530.30.610.630.47-0.29
-0.09-0.170.210.65-0.08-0.49-0.26-0.80.11-0.40.8-0.57-0.370.83-0.180.35-0.43-0.53-0.230.0-0.37-0.240.050.470.41
-0.75-0.60.22-0.21-0.67-0.85-0.21-0.53-0.62-0.710.21-0.77-0.420.21-0.760.1-0.7-0.66-0.62-0.68-0.57-0.72-0.67-0.290.41
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ChipMOS Technologies Account Relationship Matchups

ChipMOS Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.3B35.1B42.5B44.9B46.2B38.4B
Short Long Term Debt Total9.7B8.6B11.0B14.9B16.0B11.3B
Other Current Liab2.3B2.1B2.6B2.5B2.5B2.1B
Total Current Liabilities4.9B5.7B7.2B6.5B7.4B6.8B
Total Stockholder Equity19.7B20.7B24.4B24.6B24.8B20.7B
Property Plant And Equipment Net18.7B18.9B20.9B18.8B20.2B17.8B
Current Deferred Revenue2.2M10.8M5.2B85.6M98.4M93.5M
Net Debt5.0B4.5B5.1B5.0B3.6B2.4B
Retained Earnings6.3B5.4B8.7B8.5B8.5B5.6B
Accounts Payable1.8B2.1B2.8B2.0B2.0B1.5B
Cash4.7B4.1B5.9B9.9B12.4B6.5B
Non Current Assets Total22.5B22.7B26.0B24.1B21.0B20.7B
Non Currrent Assets Other282.8M120.0M566.0M394.8M211.3M209.4M
Cash And Short Term Investments4.9B4.4B6.3B10.1B12.4B6.7B
Net Receivables4.5B5.8B4.9B4.9B5.8B5.1B
Common Stock Shares Outstanding737.1M368.5M371.4M371.3M367.5M213.7M
Liabilities And Stockholders Equity34.3B35.1B42.5B44.9B46.2B38.2B
Non Current Liabilities Total9.8B8.6B11.0B13.8B14.0B10.0B
Inventory1.8B2.1B3.2B3.2B2.6B2.2B
Other Current Assets666.9M75.6M149.9M123.4M4.4B4.6B
Other Stockholder Equity4.5B6.2B6.5B6.3B6.1B4.8B
Total Liab14.7B14.4B18.1B20.3B21.4B16.8B
Property Plant And Equipment Gross18.0M18.9B20.9B21.3B85.4B89.6B
Total Current Assets11.8B12.4B16.5B20.3B25.2B17.7B
Accumulated Other Comprehensive Income1.6B2.0B2.1B2.6B2.9B1.5B
Short Term Debt773M883.8M948.4M1.7B2.5B1.6B
Common Stock8.9B7.5B7.3B7.3B6.5B6.4B
Short Term Investments169M259.6M389.2M227.0M83.8M79.6M
Other Liab791.3M905.9M907.1M610.2M701.7M594.0M
Net Tangible Assets19.7B20.8B24.4B24.6B28.3B17.6B
Other Assets5.4M326.9M805.4M552.0M1.00.95
Long Term Debt8.3B7.0B9.4B12.4B12.6B8.1B
Long Term Investments3.5B3.5B4.3B4.7B410.9M390.3M
Short Long Term Debt748.4M751.3M778.6M1.5B2.3B1.3B
Property Plant Equipment18.7B18.9B20.9B21.3B24.5B15.5B
Capital Lease Obligations693.0M870.5M851.3M920.4M1.1B548.6M
Non Current Liabilities Other5.6M21.7M21.6M21.6M21.2M11.7M

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Additional Tools for ChipMOS Stock Analysis

When running ChipMOS Technologies' price analysis, check to measure ChipMOS Technologies' 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 ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.