Aurora Other Liab vs Total Liab Analysis

600666 Stock   2.50  0.03  1.19%   
Aurora Optoelectronics financial indicator trend analysis is way more than just evaluating Aurora Optoelectronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Optoelectronics is a good investment. Please check the relationship between Aurora Optoelectronics Other Liab and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Optoelectronics 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.

Other Liab vs Total Liab

Other Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Optoelectronics Other Liab account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Optoelectronics' Other Liab and Total Liab is 0.79. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Aurora Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Aurora Optoelectronics' Other Liab and Total Liab 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 Liab of Aurora Optoelectronics Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Liab i.e., Aurora Optoelectronics' Other Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Aurora Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Optoelectronics 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 Aurora Optoelectronics 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 Tax Provision is expected to grow to about 76.1 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.
 2021 2022 2023 2024 (projected)
Research Development33.0M90.1M32.4M47.3M
Minority Interest166.4K1.0M7.2M10.2M

Aurora Optoelectronics fundamental ratios Correlations

0.460.660.840.370.720.270.540.81-0.40.860.240.920.510.190.850.790.91-0.030.080.540.09-0.080.010.210.21
0.460.870.130.170.54-0.530.530.69-0.340.75-0.060.6-0.10.30.460.410.11-0.35-0.140.73-0.1-0.28-0.260.580.01
0.660.870.220.230.75-0.270.710.79-0.420.880.120.850.170.310.660.520.39-0.45-0.130.91-0.04-0.23-0.250.68-0.07
0.840.130.220.40.410.390.140.62-0.220.570.250.550.390.020.630.730.830.260.280.120.210.050.24-0.160.45
0.370.170.230.40.630.43-0.350.520.120.550.450.280.25-0.76-0.070.460.39-0.650.90.250.930.80.860.580.85
0.720.540.750.410.630.350.290.73-0.480.880.470.80.47-0.180.50.570.62-0.580.40.610.460.310.30.630.32
0.27-0.53-0.270.390.430.35-0.27-0.07-0.220.070.480.130.64-0.490.080.080.53-0.060.5-0.310.490.60.55-0.110.33
0.540.530.710.14-0.350.29-0.270.4-0.390.49-0.210.710.210.680.820.290.360.05-0.680.71-0.61-0.63-0.740.23-0.62
0.810.690.790.620.520.73-0.070.4-0.240.880.320.790.110.120.620.860.61-0.250.230.740.280.060.120.450.31
-0.4-0.34-0.42-0.220.12-0.48-0.22-0.39-0.24-0.41-0.4-0.46-0.16-0.37-0.54-0.19-0.22-0.110.23-0.170.240.240.250.030.21
0.860.750.880.570.550.880.070.490.88-0.410.250.90.40.030.680.680.66-0.440.210.750.260.050.10.620.3
0.24-0.060.120.250.450.470.48-0.210.32-0.40.250.180.01-0.240.010.350.22-0.160.460.080.490.450.450.110.37
0.920.60.850.550.280.80.130.710.79-0.460.90.180.510.270.850.670.79-0.23-0.070.740.0-0.15-0.150.440.0
0.51-0.10.170.390.250.470.640.210.11-0.160.40.010.51-0.120.43-0.020.71-0.20.140.060.160.150.130.180.1
0.190.30.310.02-0.76-0.18-0.490.680.12-0.370.03-0.240.27-0.120.550.040.00.56-0.870.23-0.86-0.89-0.91-0.34-0.73
0.850.460.660.63-0.070.50.080.820.62-0.540.680.010.850.430.550.570.730.17-0.360.55-0.35-0.44-0.420.06-0.27
0.790.410.520.730.460.570.080.290.86-0.190.680.350.67-0.020.040.570.67-0.010.270.510.270.10.20.140.31
0.910.110.390.830.390.620.530.360.61-0.220.660.220.790.710.00.730.67-0.010.220.30.210.10.170.080.23
-0.03-0.35-0.450.26-0.65-0.58-0.060.05-0.25-0.11-0.44-0.16-0.23-0.20.560.17-0.01-0.01-0.51-0.48-0.6-0.52-0.44-0.93-0.34
0.08-0.14-0.130.280.90.40.5-0.680.230.230.210.46-0.070.14-0.87-0.360.270.22-0.51-0.130.980.890.980.310.87
0.540.730.910.120.250.61-0.310.710.74-0.170.750.080.740.060.230.550.510.3-0.48-0.13-0.01-0.15-0.240.72-0.11
0.09-0.1-0.040.210.930.460.49-0.610.280.240.260.490.00.16-0.86-0.350.270.21-0.60.98-0.010.920.960.420.83
-0.08-0.28-0.230.050.80.310.6-0.630.060.240.050.45-0.150.15-0.89-0.440.10.1-0.520.89-0.150.920.910.310.65
0.01-0.26-0.250.240.860.30.55-0.740.120.250.10.45-0.150.13-0.91-0.420.20.17-0.440.98-0.240.960.910.230.87
0.210.580.68-0.160.580.63-0.110.230.450.030.620.110.440.18-0.340.060.140.08-0.930.310.720.420.310.230.26
0.210.01-0.070.450.850.320.33-0.620.310.210.30.370.00.1-0.73-0.270.310.23-0.340.87-0.110.830.650.870.26
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Aurora Optoelectronics Account Relationship Matchups

Aurora Optoelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.0B2.6B3.5B2.2B2.5B
Other Current Liab585.1M639.4M475.8M434.8M18.1M17.2M
Total Current Liabilities2.4B2.3B2.6B1.0B474.6M450.9M
Total Stockholder Equity741.8M56.9M(311.4M)1.7B1.1B748.7M
Retained Earnings(806.4M)(1.5B)(2.0B)(2.0B)(2.7B)(2.5B)
Accounts Payable457.0M390.5M505.4M120.8M149.7M142.2M
Cash126.3M52.5M12.6M19.6M281.0M207.2M
Other Assets419.1M379.4M411.6M227.5M261.6M150.5M
Net Receivables667.2M424.1M314.0M144.2M130.8M124.2M
Inventory632.5M559.2M494.4M380.6M70.6M67.1M
Other Current Assets62.1M37.2M30.2M9.8M79.3M75.2M
Total Liab2.9B2.9B2.9B1.7B1.1B1.7B
Intangible Assets373.5M367.9M345.3M121.2M104.0M98.8M
Property Plant Equipment1.3B1.1B1.1B1.0B1.2B664.8M
Long Term Debt1.3B523.7M270.5M186.0M213.9M358.8M
Other Liab651.0M314.3M392.5M345.7M397.6M538.7M
Net Tangible Assets133.7M(272.4M)(595.9M)1.6B1.9B2.0B
Deferred Long Term Liab73.9M43.9M63.5M11.9M10.7M10.2M
Non Current Assets Total2.2B1.9B1.8B1.1B1.4B1.9B
Non Currrent Assets Other84.2M83.3M30.5M1.0M72.2M59.9M
Non Current Liabilities Total499.2M578.5M345.7M685.2M625.2M722.2M
Short Long Term Debt809.0M813.6M813.5M244.2M13.0M12.3M
Total Current Assets1.5B1.1B863.6M2.4B758.3M1.4B
Non Current Liabilities Other28.8M113.2M76.3M534.5M466.3M489.6M
Net Debt867.6M947.1M800.9M224.7M202.2M192.1M
Net Invested Capital1.7B1.1B502.1M2.0B1.1B1.3B
Net Working Capital(936.2M)(1.2B)(1.7B)1.4B283.7M297.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Aurora Stock

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