Monalisa Other Current Liab vs Accounts Payable Analysis

002918 Stock   8.72  0.20  2.35%   
Monalisa Group financial indicator trend analysis is infinitely more than just investigating Monalisa Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monalisa Group is a good investment. Please check the relationship between Monalisa Group 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 Monalisa Group 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 board of governors.

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 Monalisa Group Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Monalisa Group's Other Current Liab and Accounts Payable is 0.56. 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 Monalisa Group Co, assuming nothing else is changed. The correlation between historical values of Monalisa Group'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 Monalisa Group 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., Monalisa Group's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Monalisa Group 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 Monalisa Group 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 Monalisa Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monalisa Group 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 Monalisa Group 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 592.5 M, whereas Tax Provision is forecasted to decline to about 29.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.5B1.7B1.6B
Total Revenue7.0B6.2B5.9B5.0B

Monalisa Group fundamental ratios Correlations

-0.66-0.72-0.27-0.84-0.65-0.33-0.440.0-0.4-0.7-0.54-0.72-0.29-0.23-0.12-0.16-0.11-0.42-0.57-0.59-0.280.01-0.550.010.33
-0.660.960.650.920.960.80.930.420.880.980.910.980.870.540.780.560.780.880.830.850.850.230.95-0.5-0.42
-0.720.960.550.90.950.790.920.350.90.980.950.970.830.440.740.670.730.910.850.890.840.170.97-0.49-0.33
-0.270.650.550.490.660.890.710.630.70.620.610.620.770.980.730.210.720.640.380.760.720.440.63-0.61-0.42
-0.840.920.90.490.870.610.760.240.690.940.790.940.640.410.520.450.510.710.830.750.620.030.83-0.23-0.45
-0.650.960.950.660.870.830.930.460.910.950.930.930.890.570.790.560.780.90.730.940.870.250.93-0.46-0.24
-0.330.80.790.890.610.830.920.560.920.820.860.790.940.820.90.590.90.90.640.90.930.430.87-0.76-0.36
-0.440.930.920.710.760.930.920.560.990.930.970.90.970.590.940.710.930.980.780.890.980.330.98-0.69-0.29
0.00.420.350.630.240.460.560.560.590.370.560.330.650.490.690.160.680.570.10.480.640.220.46-0.440.02
-0.40.880.90.70.690.910.920.990.590.890.960.850.980.580.940.70.940.990.720.890.990.390.96-0.72-0.19
-0.70.980.980.620.940.950.820.930.370.890.940.990.840.520.750.640.750.90.880.880.840.160.97-0.51-0.45
-0.540.910.950.610.790.930.860.970.560.960.940.890.910.480.860.740.860.980.780.90.930.170.98-0.58-0.24
-0.720.980.970.620.940.930.790.90.330.850.990.890.810.530.710.570.710.850.860.860.80.180.94-0.51-0.52
-0.290.870.830.770.640.890.940.970.650.980.840.910.810.660.980.620.970.950.640.870.990.430.91-0.73-0.21
-0.230.540.440.980.410.570.820.590.490.580.520.480.530.660.610.110.60.510.30.690.60.450.51-0.55-0.43
-0.120.780.740.730.520.790.90.940.690.940.750.860.710.980.610.671.00.920.620.770.980.390.86-0.74-0.16
-0.160.560.670.210.450.560.590.710.160.70.640.740.570.620.110.670.680.760.790.550.7-0.130.76-0.38-0.1
-0.110.780.730.720.510.780.90.930.680.940.750.860.710.970.61.00.680.920.620.760.980.380.86-0.74-0.16
-0.420.880.910.640.710.90.90.980.570.990.90.980.850.950.510.920.760.920.760.880.980.290.97-0.69-0.2
-0.570.830.850.380.830.730.640.780.10.720.880.780.860.640.30.620.790.620.760.620.68-0.010.87-0.36-0.43
-0.590.850.890.760.750.940.90.890.480.890.880.90.860.870.690.770.550.760.880.620.850.250.88-0.55-0.29
-0.280.850.840.720.620.870.930.980.640.990.840.930.80.990.60.980.70.980.980.680.850.390.93-0.74-0.18
0.010.230.170.440.030.250.430.330.220.390.160.170.180.430.450.39-0.130.380.29-0.010.250.390.22-0.680.14
-0.550.950.970.630.830.930.870.980.460.960.970.980.940.910.510.860.760.860.970.870.880.930.22-0.62-0.34
0.01-0.5-0.49-0.61-0.23-0.46-0.76-0.69-0.44-0.72-0.51-0.58-0.51-0.73-0.55-0.74-0.38-0.74-0.69-0.36-0.55-0.74-0.68-0.620.33
0.33-0.42-0.33-0.42-0.45-0.24-0.36-0.290.02-0.19-0.45-0.24-0.52-0.21-0.43-0.16-0.1-0.16-0.2-0.43-0.29-0.180.14-0.340.33
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Monalisa Group Account Relationship Matchups

Monalisa Group fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab3.8M1.7M14.7M13.3M12.0M8.4M
Net Tangible Assets2.5B2.7B3.2B3.5B4.1B2.4B
Retained Earnings1.3B1.7B1.9B1.4B1.4B1.2B
Other Assets103.5M90.6M109.6M482.5M554.9M582.6M
Deferred Long Term Liab23.4M24.1M22.9M18.5M21.3M16.7M
Common Stock403.3M406.1M414.9M415.2M477.5M312.2M
Property Plant Equipment562.8M1.1B2.2B3.8B4.3B4.6B
Total Assets5.2B7.6B11.2B10.2B9.7B7.4B
Other Current Liab398.9M347.8M453.6M1.5B501.3M556.0M
Total Current Liabilities2.1B3.4B4.5B4.2B3.8B3.1B
Total Stockholder Equity2.9B3.5B3.8B3.3B3.5B3.1B
Accounts Payable1.6B1.9B2.5B2.3B1.6B1.7B
Cash1.6B2.1B2.1B1.8B2.1B1.8B
Non Current Assets Total1.4B2.5B4.2B4.6B4.5B2.6B
Non Currrent Assets Other54.7M28.8M21.3M192.1M313.3M329.0M
Long Term Debt140M594.1M2.3B2.3B2.0B1.0B
Net Receivables1.0B815.8M2.7B1.0B852.1M1.2B
Non Current Liabilities Total143.8M595.8M2.5B2.4B2.1B1.1B
Inventory1.1B1.5B2.1B1.8B1.5B1.4B
Other Current Assets52.8M60.2M127.8M48.6M67.5M71.6M
Other Stockholder Equity703.6K681.1K191.9M191.9M220.7M231.7M
Total Liab2.3B4.0B7.0B6.6B5.9B4.2B
Short Long Term Debt18.7M368M180M270.1M405.7M245.5M
Total Current Assets3.8B5.1B7.0B5.6B5.2B4.8B
Non Current Liabilities Other45M100M140M0.010.0090.00855
Intangible Assets195.1M213.5M283.1M305.8M301.9M217.3M
Common Stock Shares Outstanding403.3M406.1M414.9M415.2M415.2M449.3M
Net Invested Capital3.1B4.4B6.3B5.8B5.8B4.8B
Net Working Capital1.7B1.7B2.5B1.4B1.4B1.4B
Capital Stock403.3M406.1M414.9M415.2M415.2M420.1M

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Other Information on Investing in Monalisa Stock

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