Anker Property Plant Equipment vs Total Revenue Analysis

300866 Stock   97.52  1.39  1.45%   
Anker Innovations financial indicator trend analysis is way more than just evaluating Anker Innovations prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anker Innovations is a good investment. Please check the relationship between Anker Innovations Property Plant Equipment and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anker Innovations Technology. 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anker Innovations Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anker Innovations' Property Plant Equipment and Total Revenue is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Anker Innovations Technology, assuming nothing else is changed. The correlation between historical values of Anker Innovations' Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Anker Innovations Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Anker Innovations' Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Anker Innovations generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Anker Innovations' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anker Innovations 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 Anker Innovations Technology. 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.
As of December 27, 2024, Tax Provision is expected to decline to about 85.9 M. In addition to that, Selling General Administrative is expected to decline to about 118.4 M
 2021 2022 2023 2024 (projected)
Gross Profit4.5B5.5B7.5B4.3B
Total Revenue12.6B14.3B17.5B9.9B

Anker Innovations fundamental ratios Correlations

0.930.830.980.920.990.990.86-0.420.990.90.940.960.790.370.890.990.990.840.970.960.890.470.880.980.96
0.930.980.960.770.940.890.77-0.210.960.770.910.990.650.340.980.940.940.650.920.990.710.190.710.980.97
0.830.980.890.640.860.770.64-0.080.880.640.830.940.540.270.970.870.860.50.850.940.570.020.570.910.91
0.980.960.890.860.980.960.82-0.440.990.870.970.970.680.270.910.991.00.80.960.970.850.310.81.00.97
0.920.770.640.860.910.940.91-0.380.890.950.790.830.890.490.760.870.890.840.880.840.960.680.980.860.84
0.990.940.860.980.910.980.88-0.370.990.890.930.980.80.440.920.970.990.820.960.980.870.460.860.990.98
0.990.890.770.960.940.980.86-0.430.980.90.910.930.830.410.850.970.980.870.970.930.910.560.920.960.93
0.860.770.640.820.910.880.86-0.340.840.910.770.830.770.550.770.790.840.730.770.840.880.550.870.830.87
-0.42-0.21-0.08-0.44-0.38-0.37-0.43-0.34-0.38-0.57-0.6-0.24-0.030.36-0.08-0.44-0.46-0.68-0.32-0.23-0.61-0.09-0.33-0.38-0.28
0.990.960.880.990.890.990.980.84-0.380.880.950.980.760.360.930.991.00.810.970.980.860.390.841.00.98
0.90.770.640.870.950.890.90.91-0.570.880.870.820.730.360.740.860.890.890.810.820.980.490.870.860.84
0.940.910.830.970.790.930.910.77-0.60.950.870.910.550.120.840.960.970.830.890.90.840.20.720.960.92
0.960.990.940.970.830.980.930.83-0.240.980.820.910.730.440.980.950.960.720.931.00.770.30.770.990.99
0.790.650.540.680.890.80.830.77-0.030.760.730.550.730.770.710.70.720.70.770.750.750.830.890.70.73
0.370.340.270.270.490.440.410.550.360.360.360.120.440.770.490.230.30.330.290.450.310.660.470.320.44
0.890.980.970.910.760.920.850.77-0.080.930.740.840.980.710.490.880.890.620.880.980.660.230.690.940.96
0.990.940.870.990.870.970.970.79-0.440.990.860.960.950.70.230.880.990.80.980.940.860.350.830.980.94
0.990.940.861.00.890.990.980.84-0.461.00.890.970.960.720.30.890.990.840.970.960.880.380.840.990.96
0.840.650.50.80.840.820.870.73-0.680.810.890.830.720.70.330.620.80.840.750.720.890.550.780.780.73
0.970.920.850.960.880.960.970.77-0.320.970.810.890.930.770.290.880.980.970.750.930.830.440.870.960.92
0.960.990.940.970.840.980.930.84-0.230.980.820.91.00.750.450.980.940.960.720.930.770.320.780.980.99
0.890.710.570.850.960.870.910.88-0.610.860.980.840.770.750.310.660.860.880.890.830.770.580.920.830.79
0.470.190.020.310.680.460.560.55-0.090.390.490.20.30.830.660.230.350.380.550.440.320.580.740.310.33
0.880.710.570.80.980.860.920.87-0.330.840.870.720.770.890.470.690.830.840.780.870.780.920.740.80.78
0.980.980.911.00.860.990.960.83-0.381.00.860.960.990.70.320.940.980.990.780.960.980.830.310.80.98
0.960.970.910.970.840.980.930.87-0.280.980.840.920.990.730.440.960.940.960.730.920.990.790.330.780.98
Click cells to compare fundamentals

Anker Innovations Account Relationship Matchups

Anker Innovations fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B7.0B8.5B10.1B12.8B13.4B
Short Long Term Debt Total1.1M131.6M304.0M982.7M1.4B1.5B
Other Current Liab18.6M63.7M84.3M943.7M1.4B1.5B
Total Current Liabilities941.0M1.3B1.8B2.1B3.4B3.6B
Total Stockholder Equity2.0B5.4B6.0B6.8B8.0B4.3B
Other Liab85.7M174.9M294.8M382.4M439.7M461.7M
Net Tangible Assets2.0B5.4B6.0B6.8B7.8B8.2B
Property Plant And Equipment Net45.4M54.3M230.6M205.6M239.9M126.0M
Net Debt(877.9M)(581.1M)(858.6M)37.1M(654.8M)(687.5M)
Retained Earnings948.0M1.8B2.4B3.2B4.3B4.5B
Accounts Payable632.6M566.4M876.0M785.5M1.2B675.6M
Cash879.0M712.7M1.2B945.6M2.1B2.2B
Non Current Assets Total372.5M572.2M1.4B3.1B3.6B3.8B
Non Currrent Assets Other5.9M1.7B1.4B3.0B1.3B1.0B
Cash And Short Term Investments879.0M2.4B2.3B2.7B4.6B4.9B
Net Receivables538.2M930.4M1.2B1.3B2.0B2.1B
Short Term Investments(31.6M)1.7B1.2B1.7B2.6B2.7B
Liabilities And Stockholders Equity3.0B7.0B8.5B10.1B12.8B13.4B
Non Current Liabilities Total85.7M188.6M483.9M1.0B1.2B1.2B
Inventory1.1B1.6B2.1B1.5B2.4B1.4B
Other Current Assets105.4M1.5B1.5B1.5B117.3M111.4M
Other Stockholder Equity546.5M129.3M2.7B2.7B3.1B1.6B
Total Liab1.0B1.5B2.3B3.2B4.6B4.8B
Deferred Long Term Liab8.0M8.2M23.8M34.6M39.7M41.7M
Total Current Assets2.6B6.4B7.1B7.0B9.2B5.0B
Non Current Liabilities Other34.1M2.3M14.7M72.8M79.5M83.5M
Property Plant Equipment45.4M54.3M230.6M205.6M236.5M248.3M
Current Deferred Revenue288.6M582.1M773.1M93.7M137.4M130.5M
Net Invested Capital2.0B5.5B6.2B7.6B8.9B5.1B
Net Working Capital1.7B5.1B5.2B4.9B5.8B3.9B
Short Term Debt1.1M117.9M114.9M320.8M730.5M767.1M
Intangible Assets7.4M12.4M14.9M20.4M22.4M13.3M

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Other Information on Investing in Anker Stock

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