Accelink Total Assets vs Total Current Liabilities Analysis

002281 Stock   42.00  0.76  1.78%   
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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accelink Technologies Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Accelink Technologies' Total Assets and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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' Total Assets and Total Current Liabilities 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 Accelink Technologies Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Accelink Technologies' Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Accelink Technologies 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 Accelink Technologies 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.

Total Current Liabilities

Total Current Liabilities is an item on Accelink Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Accelink Technologies Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.