Allwin Other Current Assets vs Non Current Liabilities Other 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 Other Current Assets and its Non Current Liabilities Other 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.
Other Current Assets vs Non Current Liabilities Other
Other Current Assets vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allwin Telecommunicatio Other Current Assets account and Non Current Liabilities Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Allwin Telecommunicatio's Other Current Assets and Non Current Liabilities Other is 0.31. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Other 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 Other Current Assets and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Allwin Telecommunication Co are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Other Current Assets i.e., Allwin Telecommunicatio's Other Current Assets and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Non Current Liabilities Other
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.