Wonders Accounts Payable vs Cash And Short Term Investments Analysis

300168 Stock   8.87  0.25  2.74%   
Wonders Information financial indicator trend analysis is more than just analyzing Wonders Information current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wonders Information is a good investment. Please check the relationship between Wonders Information Accounts Payable and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonders Information. 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 Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wonders Information Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wonders Information's Accounts Payable and Cash And Short Term Investments is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Wonders Information, assuming nothing else is changed. The correlation between historical values of Wonders Information's Accounts Payable and Cash And Short 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 Wonders Information are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Wonders Information's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Wonders Information 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 Wonders Information 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Wonders Information balance sheet. This account contains Wonders Information investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wonders Information fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Wonders Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wonders Information 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 Wonders Information. 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 183.2 M, whereas Tax Provision is projected to grow to (5 M).
 2021 2023 2024 (projected)
Research Development471.8M473.3M298.2M
Income Tax Expense15.0M17.2M19.5M

Wonders Information fundamental ratios Correlations

0.980.380.920.750.320.850.520.94-0.230.770.80.990.460.680.80.950.090.760.880.850.40.960.990.970.94
0.980.370.910.70.240.810.460.97-0.190.740.810.950.460.730.810.910.020.790.870.90.340.950.970.980.9
0.380.370.50.030.010.080.470.33-0.830.770.360.37-0.250.440.360.470.570.410.230.170.840.490.390.350.5
0.920.910.50.460.250.730.780.89-0.450.780.720.920.540.480.720.90.050.560.790.810.480.990.90.950.89
0.750.70.030.460.280.73-0.090.670.240.450.60.740.180.680.60.70.110.730.710.580.140.540.750.640.7
0.320.240.010.250.280.570.110.30.060.220.020.380.150.060.020.290.010.340.410.2-0.020.290.260.290.14
0.850.810.080.730.730.570.340.830.080.560.530.870.620.510.530.76-0.040.670.890.630.10.770.80.830.66
0.520.460.470.78-0.090.110.340.45-0.680.560.380.520.53-0.030.380.540.080.040.40.420.510.70.490.560.53
0.940.970.330.890.670.30.830.45-0.120.680.640.950.480.660.650.88-0.050.750.90.870.240.920.910.970.85
-0.23-0.19-0.83-0.450.240.060.08-0.68-0.12-0.7-0.32-0.220.1-0.17-0.31-0.31-0.64-0.140.01-0.08-0.9-0.4-0.23-0.21-0.38
0.770.740.770.780.450.220.560.560.68-0.70.680.770.180.710.680.750.620.740.60.540.840.80.750.720.8
0.80.810.360.720.60.020.530.380.64-0.320.680.710.310.721.00.750.20.70.560.720.480.770.860.750.79
0.990.950.370.920.740.380.870.520.95-0.220.770.710.470.630.720.930.090.730.880.820.380.950.940.960.93
0.460.46-0.250.540.180.150.620.530.480.10.180.310.470.080.310.3-0.260.150.610.44-0.160.510.450.520.25
0.680.730.440.480.680.060.51-0.030.66-0.170.710.720.630.080.730.60.450.960.60.570.450.590.720.610.64
0.80.810.360.720.60.020.530.380.65-0.310.681.00.720.310.730.750.20.70.560.730.480.770.860.750.79
0.950.910.470.90.70.290.760.540.88-0.310.750.750.930.30.60.750.10.680.790.780.480.920.950.920.93
0.090.020.570.050.110.01-0.040.08-0.05-0.640.620.20.09-0.260.450.20.10.390.01-0.180.80.070.1-0.050.19
0.760.790.410.560.730.340.670.040.75-0.140.740.70.730.150.960.70.680.390.710.630.410.670.780.70.67
0.880.870.230.790.710.410.890.40.90.010.60.560.880.610.60.560.790.010.710.70.160.830.860.860.71
0.850.90.170.810.580.20.630.420.87-0.080.540.720.820.440.570.730.78-0.180.630.70.190.840.850.90.78
0.40.340.840.480.14-0.020.10.510.24-0.90.840.480.38-0.160.450.480.480.80.410.160.190.460.420.320.55
0.960.950.490.990.540.290.770.70.92-0.40.80.770.950.510.590.770.920.070.670.830.840.460.950.970.91
0.990.970.390.90.750.260.80.490.91-0.230.750.860.940.450.720.860.950.10.780.860.850.420.950.950.91
0.970.980.350.950.640.290.830.560.97-0.210.720.750.960.520.610.750.92-0.050.70.860.90.320.970.950.89
0.940.90.50.890.70.140.660.530.85-0.380.80.790.930.250.640.790.930.190.670.710.780.550.910.910.89
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Wonders Information Account Relationship Matchups

Wonders Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B7.0B7.1B6.9B7.0B4.7B
Short Long Term Debt Total3.8B3.0B3.2B3.5B2.7B2.0B
Other Current Liab34.8M73.8M92.3M307.5M231.8M243.4M
Total Current Liabilities3.7B5.3B5.2B5.0B3.7B2.5B
Total Stockholder Equity2.9B1.5B1.6B1.3B2.3B1.7B
Other Liab156.6M187.8M153.2M147.0M169.1M146.3M
Property Plant And Equipment Net440.0M391.7M415.1M347.8M327.8M339.8M
Current Deferred Revenue143.6M1.7B1.7B1.1B890.9M484.5M
Net Debt2.2B1.6B2.0B2.3B1.1B1.0B
Retained Earnings(97.5M)(2.0B)(2.0B)(2.3B)(3.2B)(3.0B)
Accounts Payable508.4M547.2M457.4M571.9M757.7M795.6M
Cash1.6B1.4B1.2B1.3B1.6B975.7M
Non Current Assets Total3.7B3.3B3.2B3.1B3.2B2.1B
Non Currrent Assets Other24.7M661.1M558.6M22.2M10.5M10.0M
Long Term Debt778.4M33.0M219.3M498.4M784.6M823.8M
Cash And Short Term Investments1.6B1.4B1.2B1.3B1.6B978.7M
Net Receivables1.5B1.3B1.7B1.5B1.4B970.3M
Short Term Investments9.5M7.5M5.5M(437.3M)2.9B3.0B
Liabilities And Stockholders Equity7.6B7.0B7.1B6.9B7.0B4.7B
Non Current Liabilities Total966.2M186.2M425.8M655.3M897.5M942.4M
Inventory535.3M771.1M854.2M823.3M735.7M577.8M
Other Current Assets278.0M240.3M213.5M171.4M36.4M34.6M
Other Stockholder Equity1.5B2.2B2.2B2.2B3.9B4.1B
Total Liab4.7B5.5B5.6B5.6B4.6B3.0B
Total Current Assets3.9B3.7B3.9B3.8B3.8B2.6B
Short Term Debt3.0B3.0B2.9B3.0B1.9B1.7B
Intangible Assets1.1B876.0M830.1M864.7M1.0B518.3M
Property Plant Equipment420.8M440.0M391.7M415.1M477.3M336.2M
Other Assets643.7M1.0785.6M1.0B1.151.09
Good Will1.0B982.8M922.3M935.9M830.0M879.4M
Net Tangible Assets1.6B893.1M(347.7M)244.4M219.9M208.9M
Deferred Long Term Liab8.4M35.0M35.3M489.7M563.1M591.3M
Short Long Term Debt2.9B2.8B2.9B3.0B1.6B2.6B
Non Current Liabilities Other102.3M82.4M72.7M62.5M41.3M69.0M
Net Invested Capital6.6B4.3B4.7B4.7B4.7B4.5B
Net Working Capital197.8M(1.6B)(1.2B)(1.2B)60.7M63.8M

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Other Information on Investing in Wonders Stock

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