Aptech Non Current Liabilities Total vs Retained Earnings Analysis

APTECHT Stock   172.71  0.54  0.31%   
Aptech financial indicator trend analysis is way more than just evaluating Aptech Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptech Limited is a good investment. Please check the relationship between Aptech Non Current Liabilities Total and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aptech Limited Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aptech's Non Current Liabilities Total and Retained Earnings is -0.2. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Aptech Limited, assuming nothing else is changed. The correlation between historical values of Aptech's Non Current Liabilities Total and Retained Earnings 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 Aptech Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., Aptech's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Aptech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptech Limited 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 Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Tax Provision is likely to gain to about 118.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 205.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B4.6B3.5B1.9B
Total Revenue2.3B4.6B4.4B2.3B

Aptech fundamental ratios Correlations

-0.190.490.650.71-0.3-0.440.250.480.30.75-0.030.30.41-0.13-0.120.550.250.60.8-0.580.620.140.880.560.49
-0.19-0.44-0.610.280.26-0.03-0.330.050.77-0.51-0.170.320.22-0.040.45-0.490.49-0.58-0.670.58-0.260.2-0.52-0.55-0.65
0.49-0.440.470.2-0.090.00.14-0.03-0.220.87-0.22-0.12-0.240.12-0.20.84-0.130.470.63-0.420.69-0.220.620.350.6
0.65-0.610.47-0.070.07-0.020.770.11-0.420.640.16-0.24-0.160.34-0.390.63-0.460.990.91-0.340.24-0.090.650.780.67
0.710.280.2-0.07-0.53-0.56-0.420.520.770.38-0.170.580.7-0.560.190.140.74-0.130.22-0.50.580.30.570.040.02
-0.30.26-0.090.07-0.530.190.55-0.05-0.19-0.14-0.180.11-0.340.930.18-0.04-0.30.18-0.180.81-0.27-0.25-0.43-0.2-0.03
-0.44-0.030.0-0.02-0.560.190.07-0.97-0.45-0.390.67-0.76-0.770.27-0.53-0.22-0.770.02-0.150.4-0.32-0.7-0.41-0.080.14
0.25-0.330.140.77-0.420.550.070.05-0.410.310.1-0.19-0.380.72-0.310.32-0.510.820.510.22-0.24-0.170.150.660.29
0.480.05-0.030.110.52-0.05-0.970.050.450.4-0.620.810.74-0.120.560.230.680.090.19-0.320.310.660.390.07-0.08
0.30.77-0.22-0.420.77-0.19-0.45-0.410.45-0.08-0.220.60.56-0.390.47-0.210.78-0.45-0.340.00.080.41-0.04-0.26-0.49
0.75-0.510.870.640.38-0.14-0.390.310.4-0.08-0.310.180.070.09-0.10.860.060.630.79-0.580.710.040.820.550.59
-0.03-0.17-0.220.16-0.17-0.180.670.1-0.62-0.22-0.31-0.5-0.38-0.03-0.6-0.34-0.60.150.110.03-0.3-0.57-0.080.190.27
0.30.32-0.12-0.240.580.11-0.76-0.190.810.60.18-0.50.74-0.010.57-0.050.72-0.23-0.08-0.050.380.310.19-0.29-0.12
0.410.22-0.24-0.160.7-0.34-0.77-0.380.740.560.07-0.380.74-0.470.48-0.110.78-0.210.06-0.390.380.520.38-0.13-0.05
-0.13-0.040.120.34-0.560.930.270.72-0.12-0.390.09-0.03-0.01-0.47-0.030.13-0.510.450.120.64-0.13-0.39-0.20.040.25
-0.120.45-0.2-0.390.190.18-0.53-0.310.560.47-0.1-0.60.570.48-0.03-0.080.51-0.38-0.410.10.070.63-0.28-0.55-0.25
0.55-0.490.840.630.14-0.04-0.220.320.23-0.210.86-0.34-0.05-0.110.13-0.08-0.090.620.68-0.490.54-0.040.610.470.54
0.250.49-0.13-0.460.74-0.3-0.77-0.510.680.780.06-0.60.720.78-0.510.51-0.09-0.5-0.25-0.190.270.580.17-0.25-0.46
0.6-0.580.470.99-0.130.180.020.820.09-0.450.630.15-0.23-0.210.45-0.380.62-0.50.88-0.250.22-0.140.590.750.67
0.8-0.670.630.910.22-0.18-0.150.510.19-0.340.790.11-0.080.060.12-0.410.68-0.250.88-0.580.56-0.120.890.720.79
-0.580.58-0.42-0.34-0.50.810.40.22-0.320.0-0.580.03-0.05-0.390.640.1-0.49-0.19-0.25-0.58-0.56-0.26-0.74-0.42-0.41
0.62-0.260.690.240.58-0.27-0.32-0.240.310.080.71-0.30.380.38-0.130.070.540.270.220.56-0.560.00.76-0.020.58
0.140.2-0.22-0.090.3-0.25-0.7-0.170.660.410.04-0.570.310.52-0.390.63-0.040.58-0.14-0.12-0.260.00.04-0.06-0.41
0.88-0.520.620.650.57-0.43-0.410.150.39-0.040.82-0.080.190.38-0.2-0.280.610.170.590.89-0.740.760.040.570.64
0.56-0.550.350.780.04-0.2-0.080.660.07-0.260.550.19-0.29-0.130.04-0.550.47-0.250.750.72-0.42-0.02-0.060.570.36
0.49-0.650.60.670.02-0.030.140.29-0.08-0.490.590.27-0.12-0.050.25-0.250.54-0.460.670.79-0.410.58-0.410.640.36
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Aptech Account Relationship Matchups

Aptech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B2.2B3.1B4.8B4.1B3.3B
Other Current Liab2.6M222.6M271.9M668.5M1.1B1.2B
Total Current Liabilities781.0M523.6M983.2M2.2B1.4B698.4M
Total Stockholder Equity2.6B1.7B2.1B2.6B2.6B2.5B
Property Plant And Equipment Net175.4M109.7M120.0M200.4M230.3M207.4M
Net Debt231.4M(151.5M)(534.8M)(704.9M)(92.5M)(97.1M)
Accounts Payable169.1M164.4M266.6M789.0M238.1M217.4M
Cash46.6M157.2M536.6M774.2M177.2M168.4M
Non Current Assets Total2.0B832.3M977.7M1.5B1.0B1.6B
Cash And Short Term Investments77.3M440.8M842.6M1.9B1.7B1.8B
Net Receivables1.3B720.7M842.3M563.8M497.7M610.4M
Common Stock Shares Outstanding57.0M57.4M57.6M58.1M58.0M47.9M
Liabilities And Stockholders Equity3.4B2.2B3.1B4.8B4.1B3.3B
Non Current Liabilities Total39.7M25.9M24.9M84.1M95.0M78.6M
Inventory19.3M16.5M12.5M11.8M12.2M20.5M
Other Current Assets58.9M139.6M431.7M906.3M839.5M881.5M
Other Stockholder Equity958.0M1.0B1.1B1.2B1.1B1.1B
Total Liab820.7M549.5M1.0B2.3B1.5B801.1M
Total Current Assets1.5B1.4B2.1B3.3B3.1B1.7B
Accumulated Other Comprehensive Income407.3M(721.2M)(811.3M)(824.0M)(999.1M)(949.2M)
Intangible Assets128.2M75.1M72.9M55.1M86.3M95.9M
Common Stock402.5M406.7M413.5M414.1M579.9M469.3M
Non Currrent Assets Other171.6M371.0M700.1M1.2B104.5M99.2M
Retained Earnings826.0M947.5M1.3B1.8B1.9B1.1B
Short Term Investments30.7M283.6M306.1M1.1B200M282.8M
Other Liab22.6M24.3M24.2M24.9M28.7M24.7M
Net Tangible Assets2.6B2.5B1.6B2.0B1.8B1.8B
Other Assets326.5M(1K)520.4M416.2M478.6M349.0M
Property Plant Equipment175.4M109.7M120.0M200.4M180.4M136.1M
Current Deferred Revenue346.8M465.4M443.0M657.3M867.4M910.7M
Short Term Debt262.5M(132.7M)(441.3M)(647.8M)14.8M15.6M
Capital Surpluse958.0M1.0B1.1B1.2B1.3B1.1B
Net Invested Capital2.8B1.7B2.1B2.6B2.6B2.0B
Net Working Capital672.6M600.1M1.1B1.1B1.7B1.1B
Capital Stock402.5M406.7M413.5M414.1M579.9M479.5M

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