Accelink Accounts Payable vs Long Term Investments Analysis

002281 Stock   42.58  1.91  4.70%   
Accelink Technologies financial indicator trend analysis is way more than just evaluating Accelink Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accelink Technologies is a good investment. Please check the relationship between Accelink Technologies Accounts Payable and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accelink Technologies 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.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accelink Technologies Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Accelink Technologies' Accounts Payable and Long Term Investments is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Accelink Technologies Co, assuming nothing else is changed. The correlation between historical values of Accelink Technologies' Accounts Payable and Long Term Investments 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 Accelink Technologies Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Accelink Technologies' Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Accelink Technologies 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 Accelink Technologies 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.

Long Term Investments

Long Term Investments is an item on the asset side of Accelink Technologies balance sheet that represents investments Accelink Technologies intends to hold for over a year. Accelink Technologies Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Accelink Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accelink Technologies 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 Accelink Technologies 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 Selling General Administrative is expected to grow to about 166.4 M, whereas Tax Provision is forecasted to decline to about 48.3 M.
 2021 2022 2023 2024 (projected)
Operating Income720.1M729.9M648.0M357.1M
Total Revenue6.5B6.9B6.1B4.0B

Accelink Technologies fundamental ratios Correlations

0.350.840.990.80.990.820.960.90.70.830.750.850.970.780.990.040.130.880.680.780.570.910.880.670.77
0.350.640.240.660.380.580.310.480.40.66-0.280.670.50.520.320.03-0.20.490.360.530.390.450.460.610.64
0.840.640.770.940.840.990.730.880.860.980.330.990.870.920.840.29-0.020.850.750.860.650.850.820.640.74
0.990.240.770.740.980.740.970.850.630.760.830.770.940.720.97-0.030.160.860.630.720.530.890.860.620.74
0.80.660.940.740.790.920.740.790.740.930.320.940.830.850.760.20.070.840.70.80.590.860.750.580.72
0.990.380.840.980.790.820.940.890.670.840.720.860.980.790.980.020.10.90.670.770.590.910.920.730.82
0.820.580.990.740.920.820.680.870.90.970.310.970.830.930.820.390.020.80.780.860.660.790.770.570.66
0.960.310.730.970.740.940.680.820.550.710.80.750.930.670.93-0.090.070.860.580.690.50.910.830.650.78
0.90.480.880.850.790.890.870.820.830.820.520.870.930.920.90.19-0.050.830.840.960.760.850.820.580.68
0.70.40.860.630.740.670.90.550.830.820.230.840.680.870.730.54-0.010.620.690.840.610.630.590.420.47
0.830.660.980.760.930.840.970.710.820.820.290.990.850.870.820.280.040.840.660.780.570.820.830.710.78
0.75-0.280.330.830.320.720.310.80.520.230.290.330.640.340.73-0.250.250.590.360.350.270.640.590.290.4
0.850.670.990.770.940.860.970.750.870.840.990.330.880.920.840.25-0.030.880.70.840.650.870.850.710.8
0.970.50.870.940.830.980.830.930.930.680.850.640.880.830.940.00.010.930.730.850.650.940.930.730.84
0.780.520.920.720.850.790.930.670.920.870.870.340.920.830.80.32-0.150.830.840.930.850.830.810.560.65
0.990.320.840.970.760.980.820.930.90.730.820.730.840.940.80.070.080.850.690.780.590.870.870.650.74
0.040.030.29-0.030.20.020.39-0.090.190.540.28-0.250.250.00.320.07-0.21-0.10.340.260.03-0.06-0.1-0.14-0.15
0.13-0.2-0.020.160.070.10.020.07-0.05-0.010.040.25-0.030.01-0.150.08-0.21-0.08-0.1-0.12-0.11-0.06-0.06-0.05-0.05
0.880.490.850.860.840.90.80.860.830.620.840.590.880.930.830.85-0.1-0.080.610.760.660.980.960.760.87
0.680.360.750.630.70.670.780.580.840.690.660.360.70.730.840.690.34-0.10.610.910.740.640.590.180.33
0.780.530.860.720.80.770.860.690.960.840.780.350.840.850.930.780.26-0.120.760.910.790.780.720.440.56
0.570.390.650.530.590.590.660.50.760.610.570.270.650.650.850.590.03-0.110.660.740.790.640.660.430.51
0.910.450.850.890.860.910.790.910.850.630.820.640.870.940.830.87-0.06-0.060.980.640.780.640.920.710.84
0.880.460.820.860.750.920.770.830.820.590.830.590.850.930.810.87-0.1-0.060.960.590.720.660.920.820.89
0.670.610.640.620.580.730.570.650.580.420.710.290.710.730.560.65-0.14-0.050.760.180.440.430.710.820.97
0.770.640.740.740.720.820.660.780.680.470.780.40.80.840.650.74-0.15-0.050.870.330.560.510.840.890.97
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Accelink Technologies Account Relationship Matchups

Accelink Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B8.6B9.5B9.9B12.0B12.6B
Other Current Liab313.7M668.5M739.4M562.9M14.1M13.4M
Total Current Liabilities2.4B3.2B3.1B3.1B3.0B1.8B
Total Stockholder Equity4.5B5.0B5.5B6.1B8.4B8.9B
Other Liab176.7M273.3M230.1M199.1M228.9M128.1M
Retained Earnings1.8B2.2B2.7B3.1B3.3B3.4B
Accounts Payable2.0B2.4B2.2B2.3B2.2B1.4B
Cash1.6B2.5B2.9B2.2B3.7B3.9B
Other Assets217.5M210.3M220.8M194.0M223.1M234.3M
Net Receivables2.4B1.6B2.2B1.6B2.0B1.4B
Inventory1.6B2.0B2.2B2.3B1.9B1.2B
Other Current Assets88.2M130.4M50.1M244.6M1.0B1.1B
Total Liab2.7B3.5B3.9B3.8B3.6B2.1B
Intangible Assets233.8M298.7M317.5M360.5M357.3M375.2M
Common Stock676.4M697.7M699.4M698.2M802.9M413.6M
Property Plant Equipment1.1B1.1B1.3B1.4B1.6B1.7B
Good Will29.0M20.4M18.5M7.9M7.1M6.8M
Net Tangible Assets4.3B4.8B5.3B5.8B6.7B4.4B
Other Stockholder Equity2.0M6.2M(3.0M)1.1M1.2M1.3M
Deferred Long Term Liab93.5M90.2M64.6M59.0M67.8M57.9M
Total Current Assets5.7B6.9B7.3B6.9B9.3B6.4B
Non Current Assets Total1.5B1.7B2.2B3.0B2.7B2.0B
Non Currrent Assets Other63.4M47.4M422.7M1.0B365.4M285.6M
Long Term Debt114.0M94.7M540.3M458.1M261.3M233.4M
Non Current Liabilities Total290.7M381.7M826.1M704.7M568.0M462.2M
Non Current Liabilities Other8.9M20.5M30.3M32.5M27.7M18.4M
Common Stock Shares Outstanding677.0M697.9M699.4M698.2M794.2M760.9M
Net Invested Capital4.6B5.1B6.1B6.6B8.7B6.0B
Net Working Capital3.3B3.7B4.2B3.8B6.3B4.0B
Capital Stock676.4M697.7M699.4M698.2M794.2M772.3M

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Other Information on Investing in Accelink Stock

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