Allwin Non Current Liabilities Total vs Total Assets 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 Non Current Liabilities Total and its Total Assets 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allwin Telecommunicatio Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Allwin Telecommunicatio's Non Current Liabilities Total and Total Assets is 0.11. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Allwin Telecommunication Co 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 Non Current Liabilities Total i.e., Allwin Telecommunicatio's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Allwin Telecommunicatio 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 Allwin Telecommunicatio 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 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

0.030.490.940.490.50.490.320.810.570.460.510.680.670.310.430.340.440.15-0.030.11-0.250.330.180.230.3
0.030.63-0.21-0.360.510.260.39-0.190.430.490.630.25-0.38-0.230.33-0.5-0.25-0.380.48-0.08-0.33-0.240.330.23-0.5
0.490.630.17-0.30.790.240.60.10.810.591.00.64-0.19-0.250.39-0.44-0.09-0.550.73-0.270.06-0.250.02-0.04-0.48
0.94-0.210.170.660.260.490.120.860.330.30.190.530.820.420.30.550.530.36-0.30.2-0.30.460.190.270.51
0.49-0.36-0.30.66-0.240.33-0.20.81-0.110.11-0.28-0.040.590.480.240.950.890.81-0.640.49-0.670.830.630.720.96
0.50.510.790.26-0.240.390.70.10.610.520.790.59-0.1-0.270.33-0.39-0.14-0.450.48-0.150.1-0.25-0.02-0.08-0.41
0.490.260.240.490.330.39-0.090.240.130.270.220.160.21-0.25-0.190.160.24-0.040.13-0.21-0.450.220.440.420.15
0.320.390.60.12-0.20.7-0.090.210.460.320.630.66-0.220.110.56-0.35-0.21-0.290.31-0.130.12-0.280.0-0.07-0.35
0.81-0.190.10.860.810.10.240.210.190.240.140.450.740.650.490.680.680.59-0.450.39-0.440.540.420.470.68
0.570.430.810.33-0.110.610.130.460.190.690.830.640.02-0.160.52-0.190.1-0.280.540.0-0.060.120.070.08-0.25
0.460.490.590.30.110.520.270.320.240.690.590.520.03-0.020.340.030.3-0.190.370.01-0.380.310.380.390.0
0.510.631.00.19-0.280.790.220.630.140.830.590.65-0.16-0.20.46-0.42-0.07-0.510.69-0.210.05-0.220.03-0.03-0.46
0.680.250.640.53-0.040.590.160.660.450.640.520.650.280.160.33-0.25-0.12-0.30.4-0.250.13-0.140.02-0.02-0.25
0.67-0.38-0.190.820.59-0.10.21-0.220.740.020.03-0.160.280.610.150.540.380.56-0.590.44-0.190.390.070.150.54
0.31-0.23-0.250.420.48-0.27-0.250.110.65-0.16-0.02-0.20.160.610.420.460.270.59-0.640.47-0.210.340.160.220.5
0.430.330.390.30.240.33-0.190.560.490.520.340.460.330.150.420.180.310.32-0.160.59-0.260.350.250.290.18
0.34-0.5-0.440.550.95-0.390.16-0.350.68-0.190.03-0.42-0.250.540.460.180.910.82-0.710.52-0.60.850.470.590.99
0.44-0.25-0.090.530.89-0.140.24-0.210.680.10.3-0.07-0.120.380.270.310.910.66-0.420.49-0.660.850.580.680.88
0.15-0.38-0.550.360.81-0.45-0.04-0.290.59-0.28-0.19-0.51-0.30.560.590.320.820.66-0.880.8-0.540.720.510.590.87
-0.030.480.73-0.3-0.640.480.130.31-0.450.540.370.690.4-0.59-0.64-0.16-0.71-0.42-0.88-0.710.34-0.48-0.18-0.27-0.74
0.11-0.08-0.270.20.49-0.15-0.21-0.130.390.00.01-0.21-0.250.440.470.590.520.490.8-0.71-0.380.60.330.410.57
-0.25-0.330.06-0.3-0.670.1-0.450.12-0.44-0.06-0.380.050.13-0.19-0.21-0.26-0.6-0.66-0.540.34-0.38-0.65-0.85-0.87-0.59
0.33-0.24-0.250.460.83-0.250.22-0.280.540.120.31-0.22-0.140.390.340.350.850.850.72-0.480.6-0.650.630.750.86
0.180.330.020.190.63-0.020.440.00.420.070.380.030.020.070.160.250.470.580.51-0.180.33-0.850.630.980.53
0.230.23-0.040.270.72-0.080.42-0.070.470.080.39-0.03-0.020.150.220.290.590.680.59-0.270.41-0.870.750.980.64
0.3-0.5-0.480.510.96-0.410.15-0.350.68-0.250.0-0.46-0.250.540.50.180.990.880.87-0.740.57-0.590.860.530.64
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Allwin Telecommunicatio Account Relationship Matchups

Allwin Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets781.8M749.6M680.3M580.1M540.2M671.9M
Other Current Liab24.5M104.9M87.0M93.7M422.5K401.4K
Total Current Liabilities183.5M300.5M270.4M226.6M216.1M174.1M
Total Stockholder Equity598.2M430.8M403.0M349.8M318.9M489.7M
Retained Earnings75.2M(92.2M)(68.8M)(122.0M)(183.2M)(174.0M)
Accounts Payable141.5M190.6M175.7M129.8M146.5M120.1M
Cash290.3M148.4M180.2M218.9M63.0M59.9M
Other Assets20.5M31.2M34.4M26.6M30.6M17.0M
Net Receivables218.0M157.4M195.2M150.1M113.9M108.2M
Inventory171.6M319.2M207.2M138.7M169.1M169.3M
Other Current Assets45.8M56.6M34.8M12.3M7.1M6.8M
Total Liab183.6M318.8M277.2M230.2M221.4M180.4M
Property Plant Equipment32.3M30.1M25.3M24.5M28.2M48.3M
Intangible Assets2.1M2.0M2.0M1.9M2.2M3.0M
Other Liab67.2K18.2M6.9M3.6M4.2M4.0M
Net Tangible Assets596.1M428.7M401.1M348.0M313.2M432.8M
Total Current Assets727.0M686.3M618.6M527.1M487.3M551.3M
Non Current Assets Total54.8M63.3M61.7M53.0M53.0M51.9M
Non Currrent Assets Other54.8M35.0M5.3M5.0M4.1M3.9M
Non Current Liabilities Total67.2K18.2M6.9M3.6M5.3M6.7M
Net Invested Capital598.2M430.8M403.0M349.8M340.3M384.0M
Net Working Capital543.5M385.7M348.2M300.5M271.2M338.4M

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Other Information on Investing in Allwin Stock

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.