FSPG Other Current Liab vs Accounts Payable Analysis

000973 Stock

6.65 0.23 3.34%

FSPG Hi-Tech financial indicator trend analysis is much more than just examining FSPG Hi Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FSPG Hi Tech is a good investment. Please check the relationship between FSPG Hi-Tech Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FSPG Hi Tech 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 Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FSPG Hi Tech Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between FSPG Hi-Tech's Other Current Liab and Accounts Payable is 0.49. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FSPG Hi Tech Co, assuming nothing else is changed. The correlation between historical values of FSPG Hi-Tech's Other Current Liab 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 Other Current Liab of FSPG Hi Tech Co 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 Other Current Liab i.e., FSPG Hi-Tech's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents FSPG Hi-Tech 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 FSPG Hi Tech 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 FSPG Hi-Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FSPG Hi Tech 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 FSPG Hi Tech 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.

The current year's Tax Provision is expected to grow to about 14.5 M, whereas Selling General Administrative is forecasted to decline to about 35.1 M.

	2022	2023	2024	2025 (projected)
Operating Income	212.7M	187.8M	216.0M	163.2M
Total Revenue	2.6B	2.2B	2.0B	2.3B

Operating Income Total Revenue

FSPG Hi-Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.62	0.57	0.54	0.61	0.86	-0.27	0.23	0.34	0.35	0.64	0.92	-0.8	0.47	0.76	0.43	0.73	-0.15	0.61	0.68	0.94	0.33	0.58	0.71	0.53	0.2
Short Long Term Debt Total	0.62		0.28	0.78	-0.15	0.43	0.37	0.76	-0.25	0.55	-0.01	0.52	-0.69	-0.08	0.4	0.51	0.92	0.05	0.9	0.91	0.62	0.65	0.19	0.07	0.78	0.43
Other Current Liab	0.57	0.28		0.53	0.09	0.35	-0.23	0.04	-0.03	0.49	0.46	0.49	-0.47	0.23	0.08	0.35	0.43	0.5	0.37	0.62	0.56	-0.02	0.5	0.28	-0.01	0.32
Total Current Liabilities	0.54	0.78	0.53		-0.18	0.21	0.16	0.48	-0.21	0.79	0.2	0.35	-0.58	0.09	0.35	0.04	0.75	0.22	0.84	0.85	0.64	0.77	-0.03	-0.1	0.44	0.31
Total Stockholder Equity	0.61	-0.15	0.09	-0.18		0.7	-0.62	-0.39	0.76	-0.3	0.72	0.64	-0.33	0.63	0.68	-0.04	-0.03	-0.5	-0.14	-0.17	0.49	-0.1	0.49	0.87	-0.01	-0.22
Property Plant And Equipment Net	0.86	0.43	0.35	0.21	0.7		-0.32	0.06	0.58	-0.02	0.46	0.94	-0.76	0.47	0.72	0.48	0.46	-0.24	0.37	0.42	0.67	0.0	0.68	0.81	0.43	0.16
Current Deferred Revenue	-0.27	0.37	-0.23	0.16	-0.62	-0.32		0.83	-0.83	0.02	-0.76	-0.19	0.06	-0.9	-0.38	0.26	0.26	0.37	0.32	0.26	-0.3	0.38	-0.16	-0.41	0.43	0.52
Net Debt	0.23	0.76	0.04	0.48	-0.39	0.06	0.83		-0.72	0.33	-0.46	0.23	-0.39	-0.68	-0.02	0.51	0.72	0.18	0.69	0.66	0.19	0.58	0.06	-0.12	0.74	0.52
Retained Earnings	0.34	-0.25	-0.03	-0.21	0.76	0.58	-0.83	-0.72		-0.29	0.6	0.38	-0.16	0.86	0.6	-0.21	-0.26	-0.47	-0.27	-0.29	0.27	-0.3	0.28	0.57	-0.23	-0.4
Accounts Payable	0.35	0.55	0.49	0.79	-0.3	-0.02	0.02	0.33	-0.29		0.15	0.09	-0.3	0.06	0.18	0.09	0.69	0.06	0.68	0.7	0.52	0.5	-0.18	-0.27	0.34	-0.11
Cash	0.64	-0.01	0.46	0.2	0.72	0.46	-0.76	-0.46	0.6	0.15		0.45	-0.32	0.84	0.53	-0.13	0.14	-0.22	0.03	0.1	0.72	0.06	0.29	0.57	-0.12	-0.17
Non Current Assets Total	0.92	0.52	0.49	0.35	0.64	0.94	-0.19	0.23	0.38	0.09	0.45		-0.84	0.31	0.68	0.52	0.57	-0.15	0.47	0.56	0.72	0.15	0.75	0.83	0.5	0.25
Non Currrent Assets Other	-0.8	-0.69	-0.47	-0.58	-0.33	-0.76	0.06	-0.39	-0.16	-0.3	-0.32	-0.84		-0.19	-0.51	-0.43	-0.68	0.08	-0.63	-0.7	-0.66	-0.39	-0.42	-0.52	-0.59	-0.35
Cash And Short Term Investments	0.47	-0.08	0.23	0.09	0.63	0.47	-0.9	-0.68	0.86	0.06	0.84	0.31	-0.19		0.57	-0.23	-0.04	-0.32	-0.07	-0.04	0.54	-0.11	0.16	0.42	-0.22	-0.33
Net Receivables	0.76	0.4	0.08	0.35	0.68	0.72	-0.38	-0.02	0.6	0.18	0.53	0.68	-0.51	0.57		0.05	0.44	-0.54	0.45	0.32	0.72	0.36	0.34	0.57	0.46	-0.2
Non Current Liabilities Total	0.43	0.51	0.35	0.04	-0.04	0.48	0.26	0.51	-0.21	0.09	-0.13	0.52	-0.43	-0.23	0.05		0.57	0.14	0.37	0.56	0.29	-0.23	0.62	0.34	0.56	0.36
Inventory	0.73	0.92	0.43	0.75	-0.03	0.46	0.26	0.72	-0.26	0.69	0.14	0.57	-0.68	-0.04	0.44	0.57		-0.01	0.91	0.92	0.76	0.59	0.22	0.17	0.79	0.33
Other Current Assets	-0.15	0.05	0.5	0.22	-0.5	-0.24	0.37	0.18	-0.47	0.06	-0.22	-0.15	0.08	-0.32	-0.54	0.14	-0.01		0.06	0.26	-0.13	-0.09	0.02	-0.31	-0.22	0.66
Other Stockholder Equity	0.61	0.9	0.37	0.84	-0.14	0.37	0.32	0.69	-0.27	0.68	0.03	0.47	-0.63	-0.07	0.45	0.37	0.91	0.06		0.89	0.66	0.69	0.08	-0.03	0.72	0.4
Total Liab	0.68	0.91	0.62	0.85	-0.17	0.42	0.26	0.66	-0.29	0.7	0.1	0.56	-0.7	-0.04	0.32	0.56	0.92	0.26	0.89		0.68	0.52	0.3	0.09	0.66	0.45
Total Current Assets	0.94	0.62	0.56	0.64	0.49	0.67	-0.3	0.19	0.27	0.52	0.72	0.72	-0.66	0.54	0.72	0.29	0.76	-0.13	0.66	0.68		0.44	0.35	0.51	0.48	0.13
Short Term Debt	0.33	0.65	-0.02	0.77	-0.1	0.0	0.38	0.58	-0.3	0.5	0.06	0.15	-0.39	-0.11	0.36	-0.23	0.59	-0.09	0.69	0.52	0.44		-0.3	-0.15	0.52	0.22
Intangible Assets	0.58	0.19	0.5	-0.03	0.49	0.68	-0.16	0.06	0.28	-0.18	0.29	0.75	-0.42	0.16	0.34	0.62	0.22	0.02	0.08	0.3	0.35	-0.3		0.74	0.13	0.14
Common Stock	0.71	0.07	0.28	-0.1	0.87	0.81	-0.41	-0.12	0.57	-0.27	0.57	0.83	-0.52	0.42	0.57	0.34	0.17	-0.31	-0.03	0.09	0.51	-0.15	0.74		0.19	0.05
Other Liab	0.53	0.78	-0.01	0.44	-0.01	0.43	0.43	0.74	-0.23	0.34	-0.12	0.5	-0.59	-0.22	0.46	0.56	0.79	-0.22	0.72	0.66	0.48	0.52	0.13	0.19		0.26
Other Assets	0.2	0.43	0.32	0.31	-0.22	0.16	0.52	0.52	-0.4	-0.11	-0.17	0.25	-0.35	-0.33	-0.2	0.36	0.33	0.66	0.4	0.45	0.13	0.22	0.14	0.05	0.26

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FSPG Hi-Tech Account Relationship Matchups

FSPG Hi-Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.9B	4.0B	4.5B	4.6B	5.3B	4.4B
Short Long Term Debt Total	736.1M	667.6M	787.1M	604.5M	695.2M	1.4B
Other Current Liab	4.0M	2.7M	144.2M	201.3M	231.5M	215.6M
Total Current Liabilities	732.7M	719.3M	757.1M	754.4M	867.6M	1.7B
Total Stockholder Equity	2.4B	2.5B	2.6B	2.8B	3.2B	1.8B
Property Plant And Equipment Net	1.4B	1.3B	1.3B	1.5B	1.7B	1.6B
Current Deferred Revenue	160.3M	157.3M	27.7M	26.1M	30.1M	28.6M
Net Debt	318.1M	244.6M	(182.4M)	(229.9M)	(206.9M)	(196.5M)
Retained Earnings	865.1M	953.4M	1.0B	1.2B	1.4B	1.5B
Accounts Payable	195.2M	202.2M	190.3M	221.7M	199.5M	312.8M
Cash	418.0M	423.0M	969.5M	834.4M	959.5M	487.3M
Non Current Assets Total	2.5B	2.4B	2.4B	2.6B	3.0B	2.6B
Non Currrent Assets Other	95.3M	185.7M	139.0M	61.4M	55.2M	52.5M
Cash And Short Term Investments	501.0M	599.6M	1.1B	1.0B	1.2B	1.3B
Net Receivables	426.0M	487.8M	546.9M	467.3M	537.4M	548.7M
Liabilities And Stockholders Equity	3.9B	4.0B	4.5B	4.6B	5.3B	4.4B
Non Current Liabilities Total	493.8M	442.9M	520.2M	365.1M	419.8M	600.8M
Inventory	426.6M	430.2M	520.7M	467.8M	538.0M	674.9M
Other Current Assets	16.1M	14.0M	9.5M	34.1M	30.7M	57.3M
Other Stockholder Equity	533.3M	298.8M	298.8M	298.4M	268.5M	447.9M
Total Liab	1.2B	1.2B	1.3B	1.1B	1.3B	2.3B
Total Current Assets	1.4B	1.5B	2.2B	2.0B	2.3B	1.8B
Short Term Debt	373.2M	357.0M	394.9M	305.3M	274.7M	261.0M
Intangible Assets	240.9M	245.5M	238.0M	202.5M	232.9M	217.0M
Other Liab	134.9M	131.5M	130.9M	132.2M	152.0M	176.0M
Long Term Debt	362.9M	306.0M	388.3M	297.1M	341.7M	524.9M
Property Plant Equipment	1.4B	1.4B	1.3B	1.3B	1.2B	1.3B
Short Term Investments	83.0M	176.6M	130.1M	210.5M	242.1M	254.2M
Good Will	42.1M	34.9M	27.3M	22.9M	26.4M	24.1M
Net Tangible Assets	2.1B	2.1B	2.2B	2.4B	2.7B	2.2B
Short Long Term Debt	347.6M	274.7M	332.9M	184.5M	212.2M	359.2M
Deferred Long Term Liab	6.3M	5.7M	4.2M	969.8K	872.8K	829.2K
Net Invested Capital	3.1B	3.1B	3.4B	3.3B	3.8B	3.5B
Net Working Capital	637.0M	812.4M	1.4B	1.3B	1.4B	1.5B
Property Plant And Equipment Gross	3.3B	3.3B	3.4B	1.4B	1.3B	2.3B
Accumulated Other Comprehensive Income	258.6M	261.4M	334.5M	344.0M	395.6M	319.4M

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Balance Sheet is a snapshot of the financial position of FSPG Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. FSPG Hi-Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FSPG Hi-Tech 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 FSPG currently owns. An asset can also be divided into two categories, current and non-current.

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FSPG Other Current Liab vs Accounts Payable Analysis

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Liab

Accounts Payable

FSPG Hi-Tech fundamental ratios Correlations

FSPG Hi-Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FSPG Hi-Tech fundamental ratios Accounts

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Other Information on Investing in FSPG Stock

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Total Current Assets	+ 0.94	Total Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.92	Total Assets
Inventory	+ 0.92	Short Long Term Debt Total
Total Liab	+ 0.92	Inventory
Total Liab	+ 0.91	Short Long Term Debt Total

Cash And Short Term Investments	- 0.9	Current Deferred Revenue
Non Currrent Assets Other	- 0.84	Non Current Assets Total
Retained Earnings	- 0.83	Current Deferred Revenue
Non Currrent Assets Other	- 0.8	Total Assets
Cash	- 0.76	Current Deferred Revenue
Non Currrent Assets Other	- 0.76	Property Plant And Equipment Net