Ampol Accounts Payable vs Total Current Assets Analysis

ALD Stock

29.09 0.45 1.52%

Ampol financial indicator trend analysis is way more than just evaluating Ampol prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ampol is a good investment. Please check the relationship between Ampol Accounts Payable and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampol. 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.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ampol Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ampol's Accounts Payable and Total Current Assets is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Ampol, assuming nothing else is changed. The correlation between historical values of Ampol's Accounts Payable and Total Current 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 Accounts Payable of Ampol are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Ampol's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Ampol 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 Ampol 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Ampol's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ampol 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 Ampol. 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.

Selling General Administrative is likely to drop to about 213.6 M in 2024. Tax Provision is likely to drop to about 119.6 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	103.6M	200.8M	282.6M	296.7M
Depreciation And Amortization	364.2M	465.1M	494.1M	518.8M

Interest Expense Depreciation And Amortization

Ampol fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable
Total Assets		0.97	0.33	0.98	0.59	0.96	0.97	0.54	0.4	0.98	0.21	0.4	0.97	0.93	0.4	-0.46	0.95	0.94	-0.29	0.99	0.94	0.98	0.05	0.34	0.17	0.93
Short Long Term Debt Total	0.97		0.3	0.96	0.44	0.92	0.99	0.39	0.45	0.97	0.27	0.45	0.97	0.91	0.22	-0.55	0.99	0.9	-0.28	0.99	0.97	0.95	0.02	0.15	0.32	0.92
Other Current Liab	0.33	0.3		0.25	-0.03	0.3	0.3	-0.07	0.11	0.3	0.71	0.11	0.29	0.23	0.37	0.36	0.37	0.25	0.1	0.33	0.28	0.28	0.34	0.39	-0.47	0.04
Total Current Liabilities	0.98	0.96	0.25		0.54	0.9	0.97	0.49	0.26	0.95	0.19	0.26	0.98	0.92	0.31	-0.49	0.92	0.97	-0.24	0.98	0.91	0.98	0.11	0.26	0.21	0.97
Total Stockholder Equity	0.59	0.44	-0.03	0.54		0.68	0.44	1.0	0.23	0.6	-0.33	0.23	0.47	0.59	0.76	-0.39	0.38	0.56	-0.32	0.49	0.42	0.55	-0.06	0.71	-0.14	0.54
Property Plant And Equipment Net	0.96	0.92	0.3	0.9	0.68		0.9	0.64	0.46	0.98	0.14	0.46	0.88	0.94	0.43	-0.47	0.88	0.83	-0.45	0.92	0.89	0.88	0.02	0.39	0.15	0.85
Net Debt	0.97	0.99	0.3	0.97	0.44	0.9		0.38	0.34	0.96	0.28	0.34	0.98	0.92	0.2	-0.53	0.97	0.91	-0.27	0.99	0.95	0.95	0.1	0.14	0.31	0.94
Retained Earnings	0.54	0.39	-0.07	0.49	1.0	0.64	0.38		0.21	0.56	-0.36	0.21	0.41	0.56	0.73	-0.4	0.32	0.5	-0.34	0.44	0.37	0.5	-0.07	0.69	-0.15	0.5
Cash	0.4	0.45	0.11	0.26	0.23	0.46	0.34	0.21		0.43	0.05	1.0	0.36	0.31	0.24	-0.34	0.5	0.25	-0.21	0.39	0.54	0.37	-0.61	0.19	0.21	0.25
Non Current Assets Total	0.98	0.97	0.3	0.95	0.6	0.98	0.96	0.56	0.43		0.2	0.43	0.93	0.96	0.35	-0.52	0.94	0.88	-0.35	0.97	0.92	0.93	0.06	0.3	0.22	0.9
Non Currrent Assets Other	0.21	0.27	0.71	0.19	-0.33	0.14	0.28	-0.36	0.05	0.2		0.05	0.25	0.2	-0.11	0.12	0.36	0.14	0.27	0.27	0.3	0.19	0.2	-0.11	-0.27	0.06
Cash And Short Term Investments	0.4	0.45	0.11	0.26	0.23	0.46	0.34	0.21	1.0	0.43	0.05		0.36	0.31	0.24	-0.34	0.5	0.25	-0.21	0.39	0.54	0.37	-0.61	0.19	0.21	0.25
Net Receivables	0.97	0.97	0.29	0.98	0.47	0.88	0.98	0.41	0.36	0.93	0.25	0.36		0.86	0.32	-0.46	0.96	0.95	-0.15	0.99	0.94	0.98	0.03	0.25	0.29	0.95
Good Will	0.93	0.91	0.23	0.92	0.59	0.94	0.92	0.56	0.31	0.96	0.2	0.31	0.86		0.24	-0.57	0.87	0.83	-0.44	0.91	0.88	0.87	0.08	0.19	0.14	0.88
Common Stock Total Equity	0.4	0.22	0.37	0.31	0.76	0.43	0.2	0.73	0.24	0.35	-0.11	0.24	0.32	0.24		0.17	0.23	0.42	0.11	0.3	0.21	0.41	-0.03	0.99	-0.48	0.23
Common Stock Shares Outstanding	-0.46	-0.55	0.36	-0.49	-0.39	-0.47	-0.53	-0.4	-0.34	-0.52	0.12	-0.34	-0.46	-0.57	0.17		-0.5	-0.39	0.38	-0.49	-0.55	-0.43	0.27	0.26	-0.58	-0.57
Non Current Liabilities Total	0.95	0.99	0.37	0.92	0.38	0.88	0.97	0.32	0.5	0.94	0.36	0.5	0.96	0.87	0.23	-0.5		0.87	-0.19	0.97	0.95	0.93	0.0	0.16	0.31	0.87
Inventory	0.94	0.9	0.25	0.97	0.56	0.83	0.91	0.5	0.25	0.88	0.14	0.25	0.95	0.83	0.42	-0.39	0.87		-0.1	0.94	0.85	0.99	0.08	0.36	0.12	0.95
Other Stockholder Equity	-0.29	-0.28	0.1	-0.24	-0.32	-0.45	-0.27	-0.34	-0.21	-0.35	0.27	-0.21	-0.15	-0.44	0.11	0.38	-0.19	-0.1		-0.25	-0.33	-0.15	0.04	0.13	-0.21	-0.26
Total Liab	0.99	0.99	0.33	0.98	0.49	0.92	0.99	0.44	0.39	0.97	0.27	0.39	0.99	0.91	0.3	-0.49	0.97	0.94	-0.25		0.95	0.98	0.06	0.24	0.24	0.94
Property Plant And Equipment Gross	0.94	0.97	0.28	0.91	0.42	0.89	0.95	0.37	0.54	0.92	0.3	0.54	0.94	0.88	0.21	-0.55	0.95	0.85	-0.33	0.95		0.92	-0.16	0.14	0.29	0.89
Total Current Assets	0.98	0.95	0.28	0.98	0.55	0.88	0.95	0.5	0.37	0.93	0.19	0.37	0.98	0.87	0.41	-0.43	0.93	0.99	-0.15	0.98	0.92		0.01	0.35	0.17	0.95
Short Term Debt	0.05	0.02	0.34	0.11	-0.06	0.02	0.1	-0.07	-0.61	0.06	0.2	-0.61	0.03	0.08	-0.03	0.27	0.0	0.08	0.04	0.06	-0.16	0.01		0.02	-0.16	0.01
Common Stock	0.34	0.15	0.39	0.26	0.71	0.39	0.14	0.69	0.19	0.3	-0.11	0.19	0.25	0.19	0.99	0.26	0.16	0.36	0.13	0.24	0.14	0.35	0.02		-0.53	0.16
Current Deferred Revenue	0.17	0.32	-0.47	0.21	-0.14	0.15	0.31	-0.15	0.21	0.22	-0.27	0.21	0.29	0.14	-0.48	-0.58	0.31	0.12	-0.21	0.24	0.29	0.17	-0.16	-0.53		0.33
Accounts Payable	0.93	0.92	0.04	0.97	0.54	0.85	0.94	0.5	0.25	0.9	0.06	0.25	0.95	0.88	0.23	-0.57	0.87	0.95	-0.26	0.94	0.89	0.95	0.01	0.16	0.33

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Ampol Account Relationship Matchups

Ampol fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	7.4B	8.9B	13.3B	13.3B	13.9B
Short Long Term Debt Total	1.8B	1.7B	2.3B	3.6B	3.7B	3.9B
Other Current Liab	398.8M	716.8M	105.1M	(19.5M)	1.4B	1.5B
Total Current Liabilities	3.2B	2.1B	2.9B	5.5B	4.8B	5.0B
Total Stockholder Equity	3.3B	3.0B	3.1B	3.6B	3.6B	2.1B
Property Plant And Equipment Net	3.7B	3.5B	3.6B	4.6B	4.9B	5.2B
Net Debt	1.7B	1.3B	1.7B	3.5B	3.4B	3.6B
Retained Earnings	2.7B	2.4B	2.5B	2.9B	2.9B	1.5B
Cash	35M	367.6M	566.3M	126M	300.6M	315.6M
Non Current Assets Total	4.7B	4.7B	4.6B	7.0B	7.1B	7.4B
Non Currrent Assets Other	(339.1M)	(402.8M)	(401.1M)	(669.6M)	403.6M	423.7M
Cash And Short Term Investments	35M	367.6M	566.3M	126M	300.6M	315.6M
Net Receivables	1.5B	936.1M	1.6B	2.6B	2.4B	2.5B
Good Will	411.2M	405.7M	406.7M	673.3M	681.2M	715.3M
Common Stock Total Equity	523.7M	522.5M	500.7M	501M	576.2M	485.0M
Common Stock Shares Outstanding	253.4M	249.7M	239.8M	239.5M	238.8M	269.6M
Liabilities And Stockholders Equity	8.3B	7.4B	8.9B	13.3B	13.8B	14.5B
Non Current Liabilities Total	1.9B	2.1B	2.6B	3.8B	4.5B	4.8B
Inventory	2.1B	1.4B	2.1B	3.6B	3.0B	3.1B
Other Stockholder Equity	(2M)	(1.6M)	(1.5M)	(2.8M)	(5.4M)	(5.1M)
Total Liab	5.1B	4.1B	5.5B	9.3B	9.3B	9.8B
Property Plant And Equipment Gross	3.7B	3.5B	9.3B	10.4B	11.7B	12.3B
Total Current Assets	3.7B	2.7B	4.2B	6.3B	5.7B	6.0B
Accumulated Other Comprehensive Income	19.4M	5.6M	65.5M	209.1M	184.1M	193.3M
Short Term Debt	221.5M	320.4M	(2.3B)	503.7M	309.6M	325.1M
Current Deferred Revenue	118.8M	90.7M	129.6M	266.0M	(13.8M)	(14.5M)
Accounts Payable	2.4B	935.8M	2.4B	4.4B	3.0B	3.2B
Other Current Assets	402.0M	34.2M	50.9M	0.0	40.7M	58.8M
Intangible Assets	578.8M	558.4M	506.3M	1.6B	743.3M	780.5M
Other Assets	253M	506.9M	1.0	369.8M	458.8M	264.0M
Long Term Debt	842.0M	801.5M	1.3B	2.1B	2.6B	2.7B
Long Term Debt Total	1.6B	1.6B	2.1B	3.1B	3.6B	3.8B
Treasury Stock	(2.5M)	(2.0M)	(1.6M)	(1.5M)	(1.4M)	(1.4M)
Property Plant Equipment	3.7B	3.5B	3.6B	4.6B	5.3B	3.6B
Other Liab	305.2M	553.9M	508.8M	716M	823.4M	472.9M
Net Tangible Assets	2.7B	2.4B	2.6B	2.0B	1.8B	2.0B
Capital Lease Obligations	877.7M	914.2M	973.6M	1.1B	1.3B	754.7M
Long Term Investments	154.9M	173M	184M	305.4M	334.3M	181.6M

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