AES Non Currrent Assets Other vs Inventory Analysis

0H6G Stock   12.90  0.47  3.78%   
AES Corp financial indicator trend analysis is way more than just evaluating AES Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES Corp is a good investment. Please check the relationship between AES Corp Non Currrent Assets Other and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AES Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AES Corp Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AES Corp's Non Currrent Assets Other and Inventory is -0.17. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of AES Corp, assuming nothing else is changed. The correlation between historical values of AES Corp's Non Currrent Assets Other and Inventory 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 Currrent Assets Other of AES Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Currrent Assets Other i.e., AES Corp's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from AES Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES Corp 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 AES Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, AES Corp's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 164.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.5B2.5B2.2B
Total Revenue11.1B12.6B12.7B10.1B

AES Corp fundamental ratios Correlations

0.670.930.250.64-0.380.390.870.70.38-0.520.610.720.560.410.850.66-0.10.42-0.240.250.990.82-0.130.210.52
0.670.670.610.25-0.90.410.810.78-0.18-0.920.730.790.70.750.70.73-0.640.34-0.560.620.650.86-0.410.210.07
0.930.670.10.74-0.370.320.890.570.46-0.530.440.610.540.330.740.6-0.090.41-0.170.130.930.79-0.05-0.020.63
0.250.610.1-0.24-0.720.630.480.64-0.59-0.630.510.630.730.860.630.55-0.710.08-0.730.850.190.54-0.780.63-0.52
0.640.250.74-0.240.00.210.640.220.81-0.180.10.270.18-0.120.290.30.340.34-0.04-0.380.650.36-0.06-0.520.87
-0.38-0.9-0.37-0.720.0-0.39-0.6-0.660.50.97-0.61-0.62-0.58-0.82-0.56-0.490.88-0.080.79-0.62-0.35-0.610.58-0.280.22
0.390.410.320.630.21-0.390.520.42-0.04-0.340.40.450.730.640.580.44-0.28-0.05-0.570.360.310.45-0.620.3-0.22
0.870.810.890.480.64-0.60.520.740.23-0.70.550.790.780.580.820.79-0.30.45-0.450.390.840.9-0.430.10.4
0.70.780.570.640.22-0.660.420.74-0.11-0.70.750.970.760.540.70.83-0.410.61-0.540.620.690.83-0.370.40.13
0.38-0.180.46-0.590.810.5-0.040.23-0.110.35-0.03-0.05-0.14-0.52-0.060.040.790.320.43-0.580.40.040.37-0.620.85
-0.52-0.92-0.53-0.63-0.180.97-0.34-0.7-0.70.35-0.58-0.66-0.57-0.74-0.62-0.520.81-0.170.77-0.52-0.5-0.660.52-0.210.01
0.610.730.440.510.1-0.610.40.550.75-0.03-0.580.730.50.570.570.62-0.310.35-0.410.540.580.66-0.220.28-0.01
0.720.790.610.630.27-0.620.450.790.97-0.05-0.660.730.820.540.70.94-0.340.65-0.430.630.70.91-0.380.360.16
0.560.70.540.730.18-0.580.730.780.76-0.14-0.570.50.820.670.70.83-0.420.46-0.490.70.510.85-0.490.37-0.07
0.410.750.330.86-0.12-0.820.640.580.54-0.52-0.740.570.540.670.760.49-0.8-0.17-0.690.70.340.61-0.710.58-0.47
0.850.70.740.630.29-0.560.580.820.7-0.06-0.620.570.70.70.760.62-0.450.14-0.480.530.810.79-0.450.590.05
0.660.730.60.550.3-0.490.440.790.830.04-0.520.620.940.830.490.62-0.20.64-0.220.580.640.92-0.360.260.17
-0.1-0.64-0.09-0.710.340.88-0.28-0.3-0.410.790.81-0.31-0.34-0.42-0.8-0.45-0.20.230.76-0.59-0.05-0.330.55-0.480.53
0.420.340.410.080.34-0.08-0.050.450.610.32-0.170.350.650.46-0.170.140.640.230.10.340.460.580.21-0.140.52
-0.24-0.56-0.17-0.73-0.040.79-0.57-0.45-0.540.430.77-0.41-0.43-0.49-0.69-0.48-0.220.760.1-0.4-0.18-0.290.74-0.270.26
0.250.620.130.85-0.38-0.620.360.390.62-0.58-0.520.540.630.70.70.530.58-0.590.34-0.40.220.62-0.370.63-0.46
0.990.650.930.190.65-0.350.310.840.690.4-0.50.580.70.510.340.810.64-0.050.46-0.180.220.8-0.050.190.57
0.820.860.790.540.36-0.610.450.90.830.04-0.660.660.910.850.610.790.92-0.330.58-0.290.620.8-0.280.30.22
-0.13-0.41-0.05-0.78-0.060.58-0.62-0.43-0.370.370.52-0.22-0.38-0.49-0.71-0.45-0.360.550.210.74-0.37-0.05-0.28-0.290.36
0.210.21-0.020.63-0.52-0.280.30.10.4-0.62-0.210.280.360.370.580.590.26-0.48-0.14-0.270.630.190.3-0.29-0.58
0.520.070.63-0.520.870.22-0.220.40.130.850.01-0.010.16-0.07-0.470.050.170.530.520.26-0.460.570.220.36-0.58
Click cells to compare fundamentals

AES Corp Account Relationship Matchups

AES Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.6B34.6B33.0B38.4B44.8B29.6B
Other Current Liab1.6B2.0B2.0B2.7B2.2B2.0B
Total Current Liabilities5.1B5.4B4.7B6.5B9.7B5.1B
Total Stockholder Equity3.9B3.5B4.1B3.8B2.5B3.0B
Property Plant And Equipment Net22.8B23.1B20.2B23.4B30.3B25.6B
Net Debt19.1B18.8B17.8B22.0B26.9B19.7B
Retained Earnings(692M)(680M)(1.1B)(1.6B)(1.4B)(1.3B)
Accounts Payable1.3B1.2B1.2B1.7B2.2B1.3B
Cash1.4B1.4B1.2B1.9B1.4B1.2B
Non Current Assets Total28.4B29.2B27.6B30.7B38.2B33.0B
Non Currrent Assets Other1.5B2.8B3.1B3.2B3.9B4.1B
Other Assets3.1B3.4B3.7B4.2B3.8B3.2B
Cash And Short Term Investments1.8B1.7B1.5B2.6B1.8B1.6B
Common Stock Shares Outstanding665M667M668M666M712M552.1M
Short Term Investments400M335M232M730M395M393.2M
Non Current Liabilities Total22.4B23.6B22.4B26.0B27.6B25.7B
Inventory487M461M604M1.1B712M720.1M
Other Current Assets1.8B2.2B2.2B2.7B2.7B2.4B
Other Stockholder Equity5.9B5.7B7.8B7.5B4.5B5.3B
Total Liab27.5B29.0B27.1B32.5B37.4B24.3B
Total Current Assets5.2B5.4B5.4B7.6B6.6B5.3B
Intangible Assets469M827M1.5B1.8B2.2B1.2B
Short Long Term Debt Total20.5B20.2B19.0B23.9B28.3B23.3B
Liabilities And Stockholders Equity33.6B34.6B33.0B38.4B44.8B40.2B
Accumulated Other Comprehensive Income(2.2B)(2.4B)(2.2B)(1.6B)(1.5B)(1.6B)
Short Term Debt1.9B1.4B1.4B1.8B5.1B5.4B
Current Deferred Revenue172M438M85M104M103M147.0M
Long Term Debt17.8B17.6B18.2B18.4B21.1B19.9B
Capital Surpluse8.5B8.2B7.8B7.6B6.8B6.5B
Treasury Stock(1.9B)(1.9B)(1.9B)(1.9B)(2.1B)(2.2B)
Property Plant Equipment22.8B23.1B20.2B23.4B26.9B23.8B
Other Liab4.7B5.7B6.0B3.9B4.5B5.4B
Net Tangible Assets1.5B746M(654M)(604M)(543.6M)(516.4M)
Deferred Long Term Liab530M587M834M724M832.6M690.1M

Also Currently Popular

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.

Additional Tools for AES Stock Analysis

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