Actelis Total Assets vs Accounts Payable Analysis

ASNS Stock  USD 1.27  0.04  3.25%   
Actelis Networks financial indicator trend analysis is way more than just evaluating Actelis Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Actelis Networks is a good investment. Please check the relationship between Actelis Networks Total Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Actelis Networks. 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.
For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Actelis Networks Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Actelis Networks' Total Assets and Accounts Payable is -0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Actelis Networks, assuming nothing else is changed. The correlation between historical values of Actelis Networks' Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Actelis Networks are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Actelis Networks' Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Actelis Networks 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 Actelis Networks 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.

Accounts Payable

An accounting item on the balance sheet that represents Actelis Networks 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 Actelis Networks 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.
Most indicators from Actelis Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Actelis Networks 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 Actelis Networks. 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.
For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.At this time, Actelis Networks' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense690K830K766K700.2K
Depreciation And Amortization37K23K27K26.6K

Actelis Networks fundamental ratios Correlations

-0.330.770.850.94-0.770.920.95-0.79-0.67-0.88-0.830.760.930.850.92-0.650.790.240.8-0.870.60.830.93-0.810.98
-0.330.24-0.01-0.580.83-0.56-0.40.690.860.270.11-0.15-0.41-0.41-0.420.9-0.180.38-0.090.67-0.46-0.35-0.410.8-0.43
0.770.240.940.64-0.350.670.73-0.5-0.09-0.86-0.920.440.710.760.78-0.150.460.170.86-0.560.450.790.78-0.370.76
0.85-0.010.940.78-0.560.820.89-0.72-0.25-0.95-0.940.390.890.90.9-0.420.43-0.030.98-0.740.720.920.9-0.590.86
0.94-0.580.640.78-0.930.990.94-0.93-0.79-0.9-0.820.60.930.920.96-0.830.64-0.030.76-0.980.690.890.97-0.940.99
-0.770.83-0.35-0.56-0.93-0.93-0.810.950.890.750.64-0.42-0.81-0.83-0.850.96-0.460.25-0.580.97-0.7-0.79-0.850.99-0.86
0.92-0.560.670.820.99-0.930.94-0.95-0.74-0.93-0.860.510.940.960.98-0.830.56-0.130.81-0.990.750.930.98-0.940.98
0.95-0.40.730.890.94-0.810.94-0.89-0.62-0.92-0.810.551.00.920.94-0.750.59-0.010.9-0.90.820.90.95-0.860.95
-0.790.69-0.5-0.72-0.930.95-0.95-0.890.720.870.75-0.28-0.9-0.94-0.920.92-0.330.38-0.770.98-0.86-0.91-0.920.95-0.88
-0.670.86-0.09-0.25-0.790.89-0.74-0.620.720.460.34-0.63-0.6-0.54-0.610.87-0.65-0.07-0.240.79-0.37-0.46-0.620.89-0.7
-0.880.27-0.86-0.95-0.90.75-0.93-0.920.870.460.97-0.38-0.91-0.99-0.980.61-0.420.17-0.940.89-0.76-0.99-0.980.76-0.94
-0.830.11-0.92-0.94-0.820.64-0.86-0.810.750.340.97-0.38-0.8-0.93-0.930.44-0.420.09-0.870.8-0.6-0.94-0.930.62-0.88
0.76-0.150.440.390.6-0.420.510.55-0.28-0.63-0.38-0.380.50.320.46-0.31.00.770.27-0.45-0.010.270.5-0.480.64
0.93-0.410.710.890.93-0.810.941.0-0.9-0.6-0.91-0.80.50.920.94-0.760.54-0.070.91-0.90.850.90.94-0.860.94
0.85-0.410.760.90.92-0.830.960.92-0.94-0.54-0.99-0.930.320.920.99-0.720.37-0.280.9-0.940.821.00.98-0.830.93
0.92-0.420.780.90.96-0.850.980.94-0.92-0.61-0.98-0.930.460.940.99-0.730.5-0.140.89-0.960.760.981.0-0.860.97
-0.650.9-0.15-0.42-0.830.96-0.83-0.750.920.870.610.44-0.3-0.76-0.72-0.73-0.340.34-0.50.89-0.75-0.67-0.730.96-0.73
0.79-0.180.460.430.64-0.460.560.59-0.33-0.65-0.42-0.421.00.540.370.5-0.340.740.31-0.490.040.320.54-0.520.68
0.240.380.17-0.03-0.030.25-0.13-0.010.38-0.070.170.090.77-0.07-0.28-0.140.340.74-0.170.22-0.53-0.3-0.10.190.06
0.8-0.090.860.980.76-0.580.810.9-0.77-0.24-0.94-0.870.270.910.90.89-0.50.31-0.17-0.750.840.930.88-0.620.82
-0.870.67-0.56-0.74-0.980.97-0.99-0.90.980.790.890.8-0.45-0.9-0.94-0.960.89-0.490.22-0.75-0.76-0.91-0.950.97-0.94
0.6-0.460.450.720.69-0.70.750.82-0.86-0.37-0.76-0.6-0.010.850.820.76-0.750.04-0.530.84-0.760.820.75-0.730.66
0.83-0.350.790.920.89-0.790.930.9-0.91-0.46-0.99-0.940.270.91.00.98-0.670.32-0.30.93-0.910.820.97-0.780.91
0.93-0.410.780.90.97-0.850.980.95-0.92-0.62-0.98-0.930.50.940.981.0-0.730.54-0.10.88-0.950.750.97-0.860.98
-0.810.8-0.37-0.59-0.940.99-0.94-0.860.950.890.760.62-0.48-0.86-0.83-0.860.96-0.520.19-0.620.97-0.73-0.78-0.86-0.88
0.98-0.430.760.860.99-0.860.980.95-0.88-0.7-0.94-0.880.640.940.930.97-0.730.680.060.82-0.940.660.910.98-0.88
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Actelis Networks Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Actelis Stock Analysis

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