Allwin Net Receivables vs Other Current Liab Analysis
002231 Stock | 6.07 0.03 0.49% |
Allwin Telecommunicatio financial indicator trend analysis is way more than just evaluating Allwin Telecommunicatio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allwin Telecommunicatio is a good investment. Please check the relationship between Allwin Telecommunicatio Net Receivables and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allwin Telecommunication Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Receivables vs Other Current Liab
Net Receivables vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allwin Telecommunicatio Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Allwin Telecommunicatio's Net Receivables and Other Current Liab is -0.19. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Allwin Telecommunication Co, assuming nothing else is changed. The correlation between historical values of Allwin Telecommunicatio's Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Allwin Telecommunication Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Allwin Telecommunicatio's Net Receivables and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Other Current Liab
Most indicators from Allwin Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allwin Telecommunicatio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allwin Telecommunication Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of December 1, 2024, Selling General Administrative is expected to decline to about 16.7 M. In addition to that, Tax Provision is expected to decline to about 2.6 M
Allwin Telecommunicatio fundamental ratios Correlations
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Allwin Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allwin Telecommunicatio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 781.8M | 749.6M | 680.3M | 580.1M | 540.2M | 671.9M | |
Other Current Liab | 24.5M | 104.9M | 87.0M | 93.7M | 422.5K | 401.4K | |
Total Current Liabilities | 183.5M | 300.5M | 270.4M | 226.6M | 216.1M | 174.1M | |
Total Stockholder Equity | 598.2M | 430.8M | 403.0M | 349.8M | 318.9M | 489.7M | |
Retained Earnings | 75.2M | (92.2M) | (68.8M) | (122.0M) | (183.2M) | (174.0M) | |
Accounts Payable | 141.5M | 190.6M | 175.7M | 129.8M | 146.5M | 120.1M | |
Cash | 290.3M | 148.4M | 180.2M | 218.9M | 63.0M | 59.9M | |
Other Assets | 20.5M | 31.2M | 34.4M | 26.6M | 30.6M | 17.0M | |
Net Receivables | 218.0M | 157.4M | 195.2M | 150.1M | 113.9M | 108.2M | |
Inventory | 171.6M | 319.2M | 207.2M | 138.7M | 169.1M | 169.3M | |
Other Current Assets | 45.8M | 56.6M | 34.8M | 12.3M | 7.1M | 6.8M | |
Total Liab | 183.6M | 318.8M | 277.2M | 230.2M | 221.4M | 180.4M | |
Property Plant Equipment | 32.3M | 30.1M | 25.3M | 24.5M | 28.2M | 48.3M | |
Intangible Assets | 2.1M | 2.0M | 2.0M | 1.9M | 2.2M | 3.0M | |
Other Liab | 67.2K | 18.2M | 6.9M | 3.6M | 4.2M | 4.0M | |
Net Tangible Assets | 596.1M | 428.7M | 401.1M | 348.0M | 313.2M | 432.8M | |
Total Current Assets | 727.0M | 686.3M | 618.6M | 527.1M | 487.3M | 551.3M | |
Non Current Assets Total | 54.8M | 63.3M | 61.7M | 53.0M | 53.0M | 51.9M | |
Non Currrent Assets Other | 54.8M | 35.0M | 5.3M | 5.0M | 4.1M | 3.9M | |
Non Current Liabilities Total | 67.2K | 18.2M | 6.9M | 3.6M | 5.3M | 6.7M | |
Net Invested Capital | 598.2M | 430.8M | 403.0M | 349.8M | 340.3M | 384.0M | |
Net Working Capital | 543.5M | 385.7M | 348.2M | 300.5M | 271.2M | 338.4M |
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Balance Sheet is a snapshot of the financial position of Allwin Telecommunicatio at a specified time, usually calculated after every quarter, six months, or one year. Allwin Telecommunicatio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allwin Telecommunicatio 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 Allwin currently owns. An asset can also be divided into two categories, current and non-current.