SemiLEDS Accounts Payable vs Property Plant Equipment Analysis

LEDS Stock  USD 1.38  0.09  6.98%   
SemiLEDS financial indicator trend analysis is much more than just breaking down SemiLEDS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SemiLEDS is a good investment. Please check the relationship between SemiLEDS Accounts Payable and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SemiLEDS Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SemiLEDS's Accounts Payable and Property Plant Equipment is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of SemiLEDS, assuming nothing else is changed. The correlation between historical values of SemiLEDS's Accounts Payable and Property Plant Equipment 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 SemiLEDS are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., SemiLEDS's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents SemiLEDS 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 SemiLEDS 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.

Property Plant Equipment

Most indicators from SemiLEDS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SemiLEDS 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.Selling General Administrative is likely to gain to about 4.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense369K287K247K160.0K
Depreciation And Amortization938K1.0M612K581.4K

SemiLEDS fundamental ratios Correlations

0.190.430.641.00.98-0.970.710.970.970.980.940.970.88-0.480.950.5-0.20.660.540.99-0.110.830.760.640.53
0.190.180.680.110.08-0.08-0.280.180.270.10.160.27-0.020.350.240.330.510.75-0.010.250.770.220.270.250.37
0.430.180.70.390.36-0.50.060.470.520.370.460.50.140.070.350.170.270.580.180.460.020.390.370.230.02
0.640.680.70.580.55-0.590.120.640.710.560.580.70.390.130.640.460.340.90.280.690.530.560.580.280.23
1.00.110.390.580.99-0.970.760.960.960.990.940.960.91-0.530.950.47-0.270.590.560.98-0.160.820.740.630.5
0.980.080.360.550.99-0.930.770.960.911.00.930.910.91-0.570.940.54-0.280.560.520.95-0.20.870.740.650.48
-0.97-0.08-0.5-0.59-0.97-0.93-0.72-0.94-0.98-0.92-0.93-0.98-0.830.49-0.89-0.350.24-0.61-0.57-0.980.2-0.71-0.71-0.6-0.52
0.71-0.280.060.120.760.77-0.720.610.650.740.660.640.9-0.780.660.19-0.820.040.330.68-0.30.460.550.460.26
0.970.180.470.640.960.96-0.940.610.950.960.90.950.81-0.440.90.56-0.050.710.470.96-0.180.840.720.670.57
0.970.270.520.710.960.91-0.980.650.950.910.921.00.8-0.40.910.42-0.130.740.520.99-0.040.730.750.640.58
0.980.10.370.560.991.0-0.920.740.960.910.930.910.9-0.560.940.56-0.250.580.520.94-0.190.890.740.650.49
0.940.160.460.580.940.93-0.930.660.90.920.930.90.78-0.510.950.48-0.20.630.630.92-0.180.850.760.630.56
0.970.270.50.70.960.91-0.980.640.951.00.910.90.82-0.380.90.4-0.120.730.530.99-0.030.710.730.610.56
0.88-0.020.140.390.910.91-0.830.90.810.80.90.780.82-0.650.820.4-0.540.330.430.85-0.130.660.710.530.34
-0.480.350.070.13-0.53-0.570.49-0.78-0.44-0.4-0.56-0.51-0.38-0.65-0.45-0.250.730.08-0.07-0.420.54-0.37-0.43-0.48-0.37
0.950.240.350.640.950.94-0.890.660.90.910.940.950.90.82-0.450.5-0.190.640.660.93-0.020.860.690.540.5
0.50.330.170.460.470.54-0.350.190.560.420.560.480.40.4-0.250.50.160.540.120.450.070.690.750.540.38
-0.20.510.270.34-0.27-0.280.24-0.82-0.05-0.13-0.25-0.2-0.12-0.540.73-0.190.160.47-0.11-0.160.320.04-0.16-0.110.05
0.660.750.580.90.590.56-0.610.040.710.740.580.630.730.330.080.640.540.470.230.710.370.610.580.530.59
0.54-0.010.180.280.560.52-0.570.330.470.520.520.630.530.43-0.070.660.12-0.110.230.55-0.090.490.310.060.09
0.990.250.460.690.980.95-0.980.680.960.990.940.920.990.85-0.420.930.45-0.160.710.55-0.040.760.750.620.55
-0.110.770.020.53-0.16-0.20.2-0.3-0.18-0.04-0.19-0.18-0.03-0.130.54-0.020.070.320.37-0.09-0.04-0.120.05-0.29-0.16
0.830.220.390.560.820.87-0.710.460.840.730.890.850.710.66-0.370.860.690.040.610.490.76-0.120.660.590.41
0.760.270.370.580.740.74-0.710.550.720.750.740.760.730.71-0.430.690.75-0.160.580.310.750.050.660.610.43
0.640.250.230.280.630.65-0.60.460.670.640.650.630.610.53-0.480.540.54-0.110.530.060.62-0.290.590.610.81
0.530.370.020.230.50.48-0.520.260.570.580.490.560.560.34-0.370.50.380.050.590.090.55-0.160.410.430.81
Click cells to compare fundamentals

SemiLEDS Account Relationship Matchups

SemiLEDS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6M18.2M16.1M13.5M11.1M10.6M
Short Long Term Debt Total7.9M9.3M8.5M7.7M3.9M6.2M
Other Current Liab3.6M3.5M3.8M3.8M3.8M3.2M
Total Current Liabilities9.0M9.5M9.3M9.7M7.0M6.6M
Total Stockholder Equity2.5M4.6M3.5M1.2M2.2M2.1M
Property Plant And Equipment Net5.8M6.9M5.7M4.6M3.9M3.7M
Net Debt5.0M4.5M4.2M5.2M2.2M2.3M
Retained Earnings(178.4M)(181.2M)(184.0M)(186.6M)(188.7M)(198.1M)
Accounts Payable536K753K286K436K137K130.2K
Cash2.8M4.8M4.3M2.6M1.7M1.7M
Non Current Assets Total7.1M8.2M6.9M5.9M5.2M4.9M
Non Currrent Assets Other164K169K186K170K228K430.5K
Cash And Short Term Investments2.8M4.8M4.3M2.6M1.7M1.7M
Net Receivables1.3M865K880K793K416K395.2K
Common Stock Shares Outstanding3.9M4.2M4.5M4.9M6.3M3.4M
Liabilities And Stockholders Equity14.6M18.2M16.1M13.5M11.1M10.6M
Inventory2.5M3.9M3.8M4.0M3.6M5.1M
Other Current Assets1.6M658K246K207K223K211.9K
Other Stockholder Equity177.2M182.3M183.7M184.2M187.3M170.2M
Total Liab12.0M13.6M12.6M12.3M8.9M9.6M
Property Plant And Equipment Gross5.8M6.9M5.7M4.6M43.1M45.3M
Total Current Assets7.5M10.1M9.1M7.6M6.0M5.7M
Accumulated Other Comprehensive Income3.6M3.5M3.7M3.6M3.5M3.7M
Short Term Debt4.8M5.2M5.2M5.2M3.0M2.4M
Intangible Assets89K126K102K97K90K85.5K
Other Assets164K169K1.3M170K153K145.4K
Long Term Debt2.9M2.6M1.9M1.3M870K826.5K
Non Current Liabilities Total3.0M4.1M3.3M2.6M1.9M3.2M
Property Plant Equipment5.9M5.6M6.9M5.7M5.1M4.9M
Net Tangible Assets1.6M2.4M4.5M3.4M3.0M2.9M
Long Term Investments952K1.0M922K974K969K1.0M

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