Anker Total Current Assets vs Property Plant Equipment 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 Total Current Assets and its Property Plant Equipment 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.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anker Innovations Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Anker Innovations' Total Current Assets and Property Plant Equipment is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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' Total Current Assets and Property Plant Equipment 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 Current Assets of Anker Innovations Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Anker Innovations' Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant Equipment

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 Profit	4.5B	5.5B	7.5B	4.3B
Total Revenue	12.6B	14.3B	17.5B	9.9B

Gross Profit Total Revenue

Anker Innovations fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.93	0.83	0.98	0.92	0.99	0.99	0.86	-0.42	0.99	0.9	0.94	0.96	0.79	0.37	0.89	0.99	0.99	0.84	0.97	0.96	0.89	0.47	0.88	0.98	0.96
Short Long Term Debt Total	0.93		0.98	0.96	0.77	0.94	0.89	0.77	-0.21	0.96	0.77	0.91	0.99	0.65	0.34	0.98	0.94	0.94	0.65	0.92	0.99	0.71	0.19	0.71	0.98	0.97
Other Current Liab	0.83	0.98		0.89	0.64	0.86	0.77	0.64	-0.08	0.88	0.64	0.83	0.94	0.54	0.27	0.97	0.87	0.86	0.5	0.85	0.94	0.57	0.02	0.57	0.91	0.91
Total Current Liabilities	0.98	0.96	0.89		0.86	0.98	0.96	0.82	-0.44	0.99	0.87	0.97	0.97	0.68	0.27	0.91	0.99	1.0	0.8	0.96	0.97	0.85	0.31	0.8	1.0	0.97
Total Stockholder Equity	0.92	0.77	0.64	0.86		0.91	0.94	0.91	-0.38	0.89	0.95	0.79	0.83	0.89	0.49	0.76	0.87	0.89	0.84	0.88	0.84	0.96	0.68	0.98	0.86	0.84
Other Liab	0.99	0.94	0.86	0.98	0.91		0.98	0.88	-0.37	0.99	0.89	0.93	0.98	0.8	0.44	0.92	0.97	0.99	0.82	0.96	0.98	0.87	0.46	0.86	0.99	0.98
Net Tangible Assets	0.99	0.89	0.77	0.96	0.94	0.98		0.86	-0.43	0.98	0.9	0.91	0.93	0.83	0.41	0.85	0.97	0.98	0.87	0.97	0.93	0.91	0.56	0.92	0.96	0.93
Property Plant And Equipment Net	0.86	0.77	0.64	0.82	0.91	0.88	0.86		-0.34	0.84	0.91	0.77	0.83	0.77	0.55	0.77	0.79	0.84	0.73	0.77	0.84	0.88	0.55	0.87	0.83	0.87
Net Debt	-0.42	-0.21	-0.08	-0.44	-0.38	-0.37	-0.43	-0.34		-0.38	-0.57	-0.6	-0.24	-0.03	0.36	-0.08	-0.44	-0.46	-0.68	-0.32	-0.23	-0.61	-0.09	-0.33	-0.38	-0.28
Retained Earnings	0.99	0.96	0.88	0.99	0.89	0.99	0.98	0.84	-0.38		0.88	0.95	0.98	0.76	0.36	0.93	0.99	1.0	0.81	0.97	0.98	0.86	0.39	0.84	1.0	0.98
Accounts Payable	0.9	0.77	0.64	0.87	0.95	0.89	0.9	0.91	-0.57	0.88		0.87	0.82	0.73	0.36	0.74	0.86	0.89	0.89	0.81	0.82	0.98	0.49	0.87	0.86	0.84
Cash	0.94	0.91	0.83	0.97	0.79	0.93	0.91	0.77	-0.6	0.95	0.87		0.91	0.55	0.12	0.84	0.96	0.97	0.83	0.89	0.9	0.84	0.2	0.72	0.96	0.92
Non Current Assets Total	0.96	0.99	0.94	0.97	0.83	0.98	0.93	0.83	-0.24	0.98	0.82	0.91		0.73	0.44	0.98	0.95	0.96	0.72	0.93	1.0	0.77	0.3	0.77	0.99	0.99
Non Currrent Assets Other	0.79	0.65	0.54	0.68	0.89	0.8	0.83	0.77	-0.03	0.76	0.73	0.55	0.73		0.77	0.71	0.7	0.72	0.7	0.77	0.75	0.75	0.83	0.89	0.7	0.73
Other Assets	0.37	0.34	0.27	0.27	0.49	0.44	0.41	0.55	0.36	0.36	0.36	0.12	0.44	0.77		0.49	0.23	0.3	0.33	0.29	0.45	0.31	0.66	0.47	0.32	0.44
Long Term Debt	0.89	0.98	0.97	0.91	0.76	0.92	0.85	0.77	-0.08	0.93	0.74	0.84	0.98	0.71	0.49		0.88	0.89	0.62	0.88	0.98	0.66	0.23	0.69	0.94	0.96
Cash And Short Term Investments	0.99	0.94	0.87	0.99	0.87	0.97	0.97	0.79	-0.44	0.99	0.86	0.96	0.95	0.7	0.23	0.88		0.99	0.8	0.98	0.94	0.86	0.35	0.83	0.98	0.94
Net Receivables	0.99	0.94	0.86	1.0	0.89	0.99	0.98	0.84	-0.46	1.0	0.89	0.97	0.96	0.72	0.3	0.89	0.99		0.84	0.97	0.96	0.88	0.38	0.84	0.99	0.96
Common Stock Shares Outstanding	0.84	0.65	0.5	0.8	0.84	0.82	0.87	0.73	-0.68	0.81	0.89	0.83	0.72	0.7	0.33	0.62	0.8	0.84		0.75	0.72	0.89	0.55	0.78	0.78	0.73
Short Term Investments	0.97	0.92	0.85	0.96	0.88	0.96	0.97	0.77	-0.32	0.97	0.81	0.89	0.93	0.77	0.29	0.88	0.98	0.97	0.75		0.93	0.83	0.44	0.87	0.96	0.92
Non Current Liabilities Total	0.96	0.99	0.94	0.97	0.84	0.98	0.93	0.84	-0.23	0.98	0.82	0.9	1.0	0.75	0.45	0.98	0.94	0.96	0.72	0.93		0.77	0.32	0.78	0.98	0.99
Inventory	0.89	0.71	0.57	0.85	0.96	0.87	0.91	0.88	-0.61	0.86	0.98	0.84	0.77	0.75	0.31	0.66	0.86	0.88	0.89	0.83	0.77		0.58	0.92	0.83	0.79
Other Current Assets	0.47	0.19	0.02	0.31	0.68	0.46	0.56	0.55	-0.09	0.39	0.49	0.2	0.3	0.83	0.66	0.23	0.35	0.38	0.55	0.44	0.32	0.58		0.74	0.31	0.33
Other Stockholder Equity	0.88	0.71	0.57	0.8	0.98	0.86	0.92	0.87	-0.33	0.84	0.87	0.72	0.77	0.89	0.47	0.69	0.83	0.84	0.78	0.87	0.78	0.92	0.74		0.8	0.78
Total Liab	0.98	0.98	0.91	1.0	0.86	0.99	0.96	0.83	-0.38	1.0	0.86	0.96	0.99	0.7	0.32	0.94	0.98	0.99	0.78	0.96	0.98	0.83	0.31	0.8		0.98
Deferred Long Term Liab	0.96	0.97	0.91	0.97	0.84	0.98	0.93	0.87	-0.28	0.98	0.84	0.92	0.99	0.73	0.44	0.96	0.94	0.96	0.73	0.92	0.99	0.79	0.33	0.78	0.98

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Anker Innovations Account Relationship Matchups

Anker Innovations fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	7.0B	8.5B	10.1B	12.8B	13.4B
Short Long Term Debt Total	1.1M	131.6M	304.0M	982.7M	1.4B	1.5B
Other Current Liab	18.6M	63.7M	84.3M	943.7M	1.4B	1.5B
Total Current Liabilities	941.0M	1.3B	1.8B	2.1B	3.4B	3.6B
Total Stockholder Equity	2.0B	5.4B	6.0B	6.8B	8.0B	4.3B
Other Liab	85.7M	174.9M	294.8M	382.4M	439.7M	461.7M
Net Tangible Assets	2.0B	5.4B	6.0B	6.8B	7.8B	8.2B
Property Plant And Equipment Net	45.4M	54.3M	230.6M	205.6M	239.9M	126.0M
Net Debt	(877.9M)	(581.1M)	(858.6M)	37.1M	(654.8M)	(687.5M)
Retained Earnings	948.0M	1.8B	2.4B	3.2B	4.3B	4.5B
Accounts Payable	632.6M	566.4M	876.0M	785.5M	1.2B	675.6M
Cash	879.0M	712.7M	1.2B	945.6M	2.1B	2.2B
Non Current Assets Total	372.5M	572.2M	1.4B	3.1B	3.6B	3.8B
Non Currrent Assets Other	5.9M	1.7B	1.4B	3.0B	1.3B	1.0B
Cash And Short Term Investments	879.0M	2.4B	2.3B	2.7B	4.6B	4.9B
Net Receivables	538.2M	930.4M	1.2B	1.3B	2.0B	2.1B
Short Term Investments	(31.6M)	1.7B	1.2B	1.7B	2.6B	2.7B
Liabilities And Stockholders Equity	3.0B	7.0B	8.5B	10.1B	12.8B	13.4B
Non Current Liabilities Total	85.7M	188.6M	483.9M	1.0B	1.2B	1.2B
Inventory	1.1B	1.6B	2.1B	1.5B	2.4B	1.4B
Other Current Assets	105.4M	1.5B	1.5B	1.5B	117.3M	111.4M
Other Stockholder Equity	546.5M	129.3M	2.7B	2.7B	3.1B	1.6B
Total Liab	1.0B	1.5B	2.3B	3.2B	4.6B	4.8B
Deferred Long Term Liab	8.0M	8.2M	23.8M	34.6M	39.7M	41.7M
Total Current Assets	2.6B	6.4B	7.1B	7.0B	9.2B	5.0B
Non Current Liabilities Other	34.1M	2.3M	14.7M	72.8M	79.5M	83.5M
Property Plant Equipment	45.4M	54.3M	230.6M	205.6M	236.5M	248.3M
Current Deferred Revenue	288.6M	582.1M	773.1M	93.7M	137.4M	130.5M
Net Invested Capital	2.0B	5.5B	6.2B	7.6B	8.9B	5.1B
Net Working Capital	1.7B	5.1B	5.2B	4.9B	5.8B	3.9B
Short Term Debt	1.1M	117.9M	114.9M	320.8M	730.5M	767.1M
Intangible Assets	7.4M	12.4M	14.9M	20.4M	22.4M	13.3M

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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.

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Anker Total Current Assets vs Property Plant Equipment Analysis

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Total Current Assets

Property Plant Equipment

Anker Innovations fundamental ratios Correlations

Anker Innovations Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anker Innovations fundamental ratios Accounts

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Other Information on Investing in Anker Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Retained Earnings
Total Liab	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Other Liab	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.68	Net Debt
Inventory	- 0.61	Net Debt
Cash	- 0.6	Net Debt
Accounts Payable	- 0.57	Net Debt
Net Receivables	- 0.46	Net Debt
Cash And Short Term Investments	- 0.44	Net Debt