Touchwood Accounts Payable vs Cash Analysis

TOUCHWOOD

90.21 0.46 0.51%

Touchwood Entertainment financial indicator trend analysis is much more than just breaking down Touchwood Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchwood Entertainment is a good investment. Please check the relationship between Touchwood Entertainment Accounts Payable and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

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 Touchwood Entertainment Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Touchwood Entertainment's Accounts Payable and Cash is -0.01. 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 Touchwood Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Touchwood Entertainment's 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 Touchwood Entertainment Limited 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., Touchwood Entertainment's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Touchwood Entertainment 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 Touchwood Entertainment 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 Touchwood Entertainment, which is listed under current asset account on Touchwood Entertainment Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Touchwood Entertainment customers. The amounts must be unrestricted with restricted cash listed in a different Touchwood Entertainment 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 Touchwood Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchwood Entertainment 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

As of the 1st of March 2025, Selling General Administrative is likely to grow to about 53.8 M, while Tax Provision is likely to drop about 8.7 M.

	2022	2023	2024	2025 (projected)
Interest Expense	559K	530K	609.5K	1.1M
Depreciation And Amortization	6.1M	5.2M	6.0M	4.4M

Interest Expense Depreciation And Amortization

Touchwood Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt	Property Plant Equipment
Total Assets		0.85	0.52	0.53	0.99	0.7	0.11	-0.95	0.98	0.12	0.98	0.62	0.07	0.97	0.72	0.57	0.96	0.1	0.57	0.66	1.0	0.43	0.75	-0.02	0.8	0.52
Short Long Term Debt Total	0.85		0.58	0.43	0.84	0.69	-0.2	-0.74	0.82	-0.05	0.83	0.66	0.09	0.85	0.47	0.55	0.92	0.0	0.42	0.56	0.83	0.62	0.47	-0.05	0.93	0.45
Other Current Liab	0.52	0.58		0.73	0.46	0.72	-0.47	-0.43	0.52	0.46	0.44	0.78	0.53	0.44	0.56	0.22	0.5	0.1	0.23	0.76	0.49	0.51	0.25	0.27	0.39	0.58
Total Current Liabilities	0.53	0.43	0.73		0.43	0.52	0.01	-0.44	0.44	0.86	0.42	0.7	0.37	0.4	0.7	0.04	0.5	-0.05	0.39	0.97	0.5	0.24	0.35	0.58	0.17	0.69
Total Stockholder Equity	0.99	0.84	0.46	0.43		0.67	0.12	-0.96	0.99	0.01	0.99	0.57	0.03	0.98	0.67	0.61	0.95	0.12	0.56	0.58	1.0	0.42	0.76	-0.1	0.82	0.46
Property Plant And Equipment Net	0.7	0.69	0.72	0.52	0.67		-0.17	-0.6	0.68	0.19	0.61	0.91	0.04	0.61	0.75	0.32	0.75	0.03	0.6	0.66	0.66	0.77	0.64	0.35	0.57	0.71
Current Deferred Revenue	0.11	-0.2	-0.47	0.01	0.12	-0.17		-0.16	0.08	0.03	0.11	-0.16	-0.36	0.09	0.14	0.11	0.05	-0.23	0.19	0.01	0.13	-0.17	0.36	-0.06	-0.18	0.0
Net Debt	-0.95	-0.74	-0.43	-0.44	-0.96	-0.6	-0.16		-0.95	-0.05	-0.98	-0.48	-0.14	-0.97	-0.63	-0.55	-0.87	-0.12	-0.6	-0.57	-0.97	-0.24	-0.77	0.16	-0.73	-0.35
Retained Earnings	0.98	0.82	0.52	0.44	0.99	0.68	0.08	-0.95		0.01	0.98	0.58	0.09	0.97	0.67	0.62	0.93	0.19	0.51	0.58	0.98	0.44	0.73	-0.11	0.8	0.46
Accounts Payable	0.12	-0.05	0.46	0.86	0.01	0.19	0.03	-0.05	0.01		-0.01	0.43	0.34	-0.04	0.5	-0.36	0.07	0.0	0.22	0.76	0.09	-0.06	0.08	0.75	-0.3	0.57
Cash	0.98	0.83	0.44	0.42	0.99	0.61	0.11	-0.98	0.98	-0.01		0.5	0.11	1.0	0.59	0.61	0.92	0.1	0.56	0.55	0.99	0.33	0.71	-0.18	0.83	0.37
Non Current Assets Total	0.62	0.66	0.78	0.7	0.57	0.91	-0.16	-0.48	0.58	0.43	0.5		0.1	0.49	0.76	0.13	0.71	0.05	0.6	0.79	0.57	0.73	0.55	0.52	0.41	0.86
Non Currrent Assets Other	0.07	0.09	0.53	0.37	0.03	0.04	-0.36	-0.14	0.09	0.34	0.11	0.1		0.12	-0.17	-0.14	-0.06	0.18	0.05	0.29	0.06	-0.14	-0.34	0.01	0.07	-0.02
Cash And Short Term Investments	0.97	0.85	0.44	0.4	0.98	0.61	0.09	-0.97	0.97	-0.04	1.0	0.49	0.12		0.56	0.63	0.92	0.08	0.53	0.53	0.98	0.34	0.68	-0.2	0.86	0.34
Net Receivables	0.72	0.47	0.56	0.7	0.67	0.75	0.14	-0.63	0.67	0.5	0.59	0.76	-0.17	0.56		0.29	0.72	0.18	0.51	0.8	0.69	0.42	0.83	0.44	0.29	0.75
Common Stock Shares Outstanding	0.57	0.55	0.22	0.04	0.61	0.32	0.11	-0.55	0.62	-0.36	0.61	0.13	-0.14	0.63	0.29		0.55	0.0	-0.11	0.17	0.6	0.18	0.46	-0.49	0.66	-0.14
Non Current Liabilities Total	0.96	0.92	0.5	0.5	0.95	0.75	0.05	-0.87	0.93	0.07	0.92	0.71	-0.06	0.92	0.72	0.55		0.1	0.57	0.65	0.95	0.57	0.73	0.06	0.84	0.58
Inventory	0.1	0.0	0.1	-0.05	0.12	0.03	-0.23	-0.12	0.19	0.0	0.1	0.05	0.18	0.08	0.18	0.0	0.1		-0.01	-0.01	0.1	-0.08	0.09	0.08	0.03	0.02
Other Current Assets	0.57	0.42	0.23	0.39	0.56	0.6	0.19	-0.6	0.51	0.22	0.56	0.6	0.05	0.53	0.51	-0.11	0.57	-0.01		0.5	0.55	0.27	0.66	0.26	0.29	0.59
Total Liab	0.66	0.56	0.76	0.97	0.58	0.66	0.01	-0.57	0.58	0.76	0.55	0.79	0.29	0.53	0.8	0.17	0.65	-0.01	0.5		0.63	0.33	0.52	0.52	0.31	0.72
Total Current Assets	1.0	0.83	0.49	0.5	1.0	0.66	0.13	-0.97	0.98	0.09	0.99	0.57	0.06	0.98	0.69	0.6	0.95	0.1	0.55	0.63		0.38	0.75	-0.07	0.8	0.47
Short Term Debt	0.43	0.62	0.51	0.24	0.42	0.77	-0.17	-0.24	0.44	-0.06	0.33	0.73	-0.14	0.34	0.42	0.18	0.57	-0.08	0.27	0.33	0.38		0.27	0.27	0.51	0.65
Common Stock	0.75	0.47	0.25	0.35	0.76	0.64	0.36	-0.77	0.73	0.08	0.71	0.55	-0.34	0.68	0.83	0.46	0.73	0.09	0.66	0.52	0.75	0.27		0.03	0.38	0.48
Other Assets	-0.02	-0.05	0.27	0.58	-0.1	0.35	-0.06	0.16	-0.11	0.75	-0.18	0.52	0.01	-0.2	0.44	-0.49	0.06	0.08	0.26	0.52	-0.07	0.27	0.03		-0.24	0.64
Long Term Debt	0.8	0.93	0.39	0.17	0.82	0.57	-0.18	-0.73	0.8	-0.3	0.83	0.41	0.07	0.86	0.29	0.66	0.84	0.03	0.29	0.31	0.8	0.51	0.38	-0.24		0.17
Property Plant Equipment	0.52	0.45	0.58	0.69	0.46	0.71	0.0	-0.35	0.46	0.57	0.37	0.86	-0.02	0.34	0.75	-0.14	0.58	0.02	0.59	0.72	0.47	0.65	0.48	0.64	0.17

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Touchwood Entertainment Account Relationship Matchups

Touchwood Entertainment fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	179.2M	185.3M	337.2M	429.4M	493.8M	518.5M
Short Long Term Debt Total	6.6M	4.5M	2.7M	17.2M	19.8M	20.8M
Other Current Liab	7.9M	4.6M	11.8M	16.7M	19.2M	10.3M
Total Current Liabilities	33.0M	18.7M	67.5M	48.6M	55.9M	48.3M
Total Stockholder Equity	135.1M	156.8M	260.6M	352.8M	405.8M	426.0M
Property Plant And Equipment Net	27.2M	26.6M	20.6M	40.7M	46.9M	27.4M
Current Deferred Revenue	7.2M	13.9M	14.6M	6.2M	7.2M	9.9M
Net Debt	(37.7M)	(67.1M)	(168.1M)	(196.3M)	(176.7M)	(167.9M)
Retained Earnings	33.3M	55M	79.1M	108.2M	124.5M	130.7M
Accounts Payable	14.3M	2.6M	41.3M	9.4M	10.8M	10.2M
Cash	44.2M	71.6M	170.7M	213.5M	245.6M	257.8M
Non Current Assets Total	49.6M	52.9M	39.7M	61.6M	70.8M	52.5M
Non Currrent Assets Other	(29.0M)	100K	37.5M	15.8M	14.2M	9.2M
Cash And Short Term Investments	44.2M	71.6M	191.5M	266.8M	306.8M	322.1M
Net Receivables	79.3M	48.2M	70.3M	74.2M	85.3M	47.4M
Liabilities And Stockholders Equity	179.2M	185.3M	337.2M	429.4M	493.8M	518.5M
Non Current Liabilities Total	11.0M	9.8M	9.1M	21.4M	24.6M	25.8M
Other Current Assets	16.2M	26.3M	28.3M	26.9M	30.9M	18.5M
Total Liab	44.1M	28.5M	76.6M	70.0M	80.4M	57.3M
Total Current Assets	129.6M	132.4M	297.6M	367.8M	423.0M	444.1M
Short Term Debt	3.7M	2.3M	(2.4M)	4.0M	4.6M	4.8M
Other Assets	27.8M	24.8M	2.4M	1K	900.0	855.0
Long Term Debt	2.9M	2.2M	1.5M	13.2M	15.2M	16.0M
Property Plant Equipment	27.9M	28.9M	26.6M	22.9M	26.3M	29.9M
Other Liab	6.8M	8.8M	8.1M	7.6M	8.7M	7.0M
Net Tangible Assets	118.8M	122.7M	133.4M	152.5M	175.4M	118.0M
Short Term Investments	455K	570K	20.8M	53.2M	61.2M	64.3M
Long Term Debt Total	2.1M	2.9M	2.2M	1.5M	1.4M	2.3M
Other Stockholder Equity	33.3M	55.0M	5.7M	82.8M	95.2M	100.0M
Short Long Term Debt	3.7M	2.3M	1.1M	4.0M	3.6M	2.5M
Net Invested Capital	141.7M	161.3M	263.3M	370.0M	425.5M	446.8M
Cash And Equivalents	3.0M	3.1M	0.0	20.8M	23.9M	25.1M
Net Working Capital	96.6M	113.6M	230.0M	319.2M	367.1M	385.5M
Intangible Assets	1.7M	4.2M	40K	2.9M	3.3M	3.5M
Property Plant And Equipment Gross	57.2M	61.1M	56.2M	70.8M	81.4M	65.3M

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Other Information on Investing in Touchwood Stock

Balance Sheet is a snapshot of the financial position of Touchwood Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Touchwood Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Touchwood Entertainment 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 Touchwood currently owns. An asset can also be divided into two categories, current and non-current.

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Touchwood Accounts Payable vs Cash Analysis

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash

Touchwood Entertainment fundamental ratios Correlations

Touchwood Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Touchwood Entertainment fundamental ratios Accounts

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Other Information on Investing in Touchwood Stock

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Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Cash	+ 0.99	Total Stockholder Equity

Cash	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Net Debt	- 0.96	Total Stockholder Equity
Retained Earnings	- 0.95	Net Debt
Net Debt	- 0.95	Total Assets