Aurora Total Stockholder Equity vs Non Current Liabilities Total Analysis

600666 Stock

2.51 0.03 1.21%

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 Total Stockholder Equity and its Non Current Liabilities Total 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.

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Optoelectronics Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.

The correlation between Aurora Optoelectronics' Total Stockholder Equity and Non Current Liabilities Total is 0.24. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities Total 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' Total Stockholder Equity and Non Current Liabilities Total 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 Stockholder Equity of Aurora Optoelectronics Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., Aurora Optoelectronics' Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Liabilities Total

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 Development	33.0M	90.1M	32.4M	47.3M
Minority Interest	166.4K	1.0M	7.2M	10.2M

Research Development Minority Interest

Aurora Optoelectronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Net Tangible Assets	Good Will	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets
Total Assets		0.46	0.66	0.84	0.37	0.72	0.27	0.54	0.81	-0.4	0.86	0.24	0.92	0.51	0.19	0.85	0.79	0.91	-0.03	0.08	0.54	0.09	-0.08	0.01	0.21	0.21
Other Current Liab	0.46		0.87	0.13	0.17	0.54	-0.53	0.53	0.69	-0.34	0.75	-0.06	0.6	-0.1	0.3	0.46	0.41	0.11	-0.35	-0.14	0.73	-0.1	-0.28	-0.26	0.58	0.01
Total Current Liabilities	0.66	0.87		0.22	0.23	0.75	-0.27	0.71	0.79	-0.42	0.88	0.12	0.85	0.17	0.31	0.66	0.52	0.39	-0.45	-0.13	0.91	-0.04	-0.23	-0.25	0.68	-0.07
Total Stockholder Equity	0.84	0.13	0.22		0.4	0.41	0.39	0.14	0.62	-0.22	0.57	0.25	0.55	0.39	0.02	0.63	0.73	0.83	0.26	0.28	0.12	0.21	0.05	0.24	-0.16	0.45
Retained Earnings	0.37	0.17	0.23	0.4		0.63	0.43	-0.35	0.52	0.12	0.55	0.45	0.28	0.25	-0.76	-0.07	0.46	0.39	-0.65	0.9	0.25	0.93	0.8	0.86	0.58	0.85
Accounts Payable	0.72	0.54	0.75	0.41	0.63		0.35	0.29	0.73	-0.48	0.88	0.47	0.8	0.47	-0.18	0.5	0.57	0.62	-0.58	0.4	0.61	0.46	0.31	0.3	0.63	0.32
Cash	0.27	-0.53	-0.27	0.39	0.43	0.35		-0.27	-0.07	-0.22	0.07	0.48	0.13	0.64	-0.49	0.08	0.08	0.53	-0.06	0.5	-0.31	0.49	0.6	0.55	-0.11	0.33
Other Assets	0.54	0.53	0.71	0.14	-0.35	0.29	-0.27		0.4	-0.39	0.49	-0.21	0.71	0.21	0.68	0.82	0.29	0.36	0.05	-0.68	0.71	-0.61	-0.63	-0.74	0.23	-0.62
Net Receivables	0.81	0.69	0.79	0.62	0.52	0.73	-0.07	0.4		-0.24	0.88	0.32	0.79	0.11	0.12	0.62	0.86	0.61	-0.25	0.23	0.74	0.28	0.06	0.12	0.45	0.31
Short Term Investments	-0.4	-0.34	-0.42	-0.22	0.12	-0.48	-0.22	-0.39	-0.24		-0.41	-0.4	-0.46	-0.16	-0.37	-0.54	-0.19	-0.22	-0.11	0.23	-0.17	0.24	0.24	0.25	0.03	0.21
Inventory	0.86	0.75	0.88	0.57	0.55	0.88	0.07	0.49	0.88	-0.41		0.25	0.9	0.4	0.03	0.68	0.68	0.66	-0.44	0.21	0.75	0.26	0.05	0.1	0.62	0.3
Other Current Assets	0.24	-0.06	0.12	0.25	0.45	0.47	0.48	-0.21	0.32	-0.4	0.25		0.18	0.01	-0.24	0.01	0.35	0.22	-0.16	0.46	0.08	0.49	0.45	0.45	0.11	0.37
Total Liab	0.92	0.6	0.85	0.55	0.28	0.8	0.13	0.71	0.79	-0.46	0.9	0.18		0.51	0.27	0.85	0.67	0.79	-0.23	-0.07	0.74	0.0	-0.15	-0.15	0.44	0.0
Intangible Assets	0.51	-0.1	0.17	0.39	0.25	0.47	0.64	0.21	0.11	-0.16	0.4	0.01	0.51		-0.12	0.43	-0.02	0.71	-0.2	0.14	0.06	0.16	0.15	0.13	0.18	0.1
Common Stock	0.19	0.3	0.31	0.02	-0.76	-0.18	-0.49	0.68	0.12	-0.37	0.03	-0.24	0.27	-0.12		0.55	0.04	0.0	0.56	-0.87	0.23	-0.86	-0.89	-0.91	-0.34	-0.73
Property Plant Equipment	0.85	0.46	0.66	0.63	-0.07	0.5	0.08	0.82	0.62	-0.54	0.68	0.01	0.85	0.43	0.55		0.57	0.73	0.17	-0.36	0.55	-0.35	-0.44	-0.42	0.06	-0.27
Long Term Debt	0.79	0.41	0.52	0.73	0.46	0.57	0.08	0.29	0.86	-0.19	0.68	0.35	0.67	-0.02	0.04	0.57		0.67	-0.01	0.27	0.51	0.27	0.1	0.2	0.14	0.31
Other Liab	0.91	0.11	0.39	0.83	0.39	0.62	0.53	0.36	0.61	-0.22	0.66	0.22	0.79	0.71	0.0	0.73	0.67		-0.01	0.22	0.3	0.21	0.1	0.17	0.08	0.23
Net Tangible Assets	-0.03	-0.35	-0.45	0.26	-0.65	-0.58	-0.06	0.05	-0.25	-0.11	-0.44	-0.16	-0.23	-0.2	0.56	0.17	-0.01	-0.01		-0.51	-0.48	-0.6	-0.52	-0.44	-0.93	-0.34
Good Will	0.08	-0.14	-0.13	0.28	0.9	0.4	0.5	-0.68	0.23	0.23	0.21	0.46	-0.07	0.14	-0.87	-0.36	0.27	0.22	-0.51		-0.13	0.98	0.89	0.98	0.31	0.87
Deferred Long Term Liab	0.54	0.73	0.91	0.12	0.25	0.61	-0.31	0.71	0.74	-0.17	0.75	0.08	0.74	0.06	0.23	0.55	0.51	0.3	-0.48	-0.13		-0.01	-0.15	-0.24	0.72	-0.11
Non Current Assets Total	0.09	-0.1	-0.04	0.21	0.93	0.46	0.49	-0.61	0.28	0.24	0.26	0.49	0.0	0.16	-0.86	-0.35	0.27	0.21	-0.6	0.98	-0.01		0.92	0.96	0.42	0.83
Non Currrent Assets Other	-0.08	-0.28	-0.23	0.05	0.8	0.31	0.6	-0.63	0.06	0.24	0.05	0.45	-0.15	0.15	-0.89	-0.44	0.1	0.1	-0.52	0.89	-0.15	0.92		0.91	0.31	0.65
Non Current Liabilities Total	0.01	-0.26	-0.25	0.24	0.86	0.3	0.55	-0.74	0.12	0.25	0.1	0.45	-0.15	0.13	-0.91	-0.42	0.2	0.17	-0.44	0.98	-0.24	0.96	0.91		0.23	0.87
Short Long Term Debt	0.21	0.58	0.68	-0.16	0.58	0.63	-0.11	0.23	0.45	0.03	0.62	0.11	0.44	0.18	-0.34	0.06	0.14	0.08	-0.93	0.31	0.72	0.42	0.31	0.23		0.26
Total Current Assets	0.21	0.01	-0.07	0.45	0.85	0.32	0.33	-0.62	0.31	0.21	0.3	0.37	0.0	0.1	-0.73	-0.27	0.31	0.23	-0.34	0.87	-0.11	0.83	0.65	0.87	0.26

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Aurora Optoelectronics Account Relationship Matchups

Aurora Optoelectronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.0B	2.6B	3.5B	2.2B	2.5B
Other Current Liab	585.1M	639.4M	475.8M	434.8M	18.1M	17.2M
Total Current Liabilities	2.4B	2.3B	2.6B	1.0B	474.6M	450.9M
Total Stockholder Equity	741.8M	56.9M	(311.4M)	1.7B	1.1B	748.7M
Retained Earnings	(806.4M)	(1.5B)	(2.0B)	(2.0B)	(2.7B)	(2.5B)
Accounts Payable	457.0M	390.5M	505.4M	120.8M	149.7M	142.2M
Cash	126.3M	52.5M	12.6M	19.6M	281.0M	207.2M
Other Assets	419.1M	379.4M	411.6M	227.5M	261.6M	150.5M
Net Receivables	667.2M	424.1M	314.0M	144.2M	130.8M	124.2M
Inventory	632.5M	559.2M	494.4M	380.6M	70.6M	67.1M
Other Current Assets	62.1M	37.2M	30.2M	9.8M	79.3M	75.2M
Total Liab	2.9B	2.9B	2.9B	1.7B	1.1B	1.7B
Intangible Assets	373.5M	367.9M	345.3M	121.2M	104.0M	98.8M
Property Plant Equipment	1.3B	1.1B	1.1B	1.0B	1.2B	664.8M
Long Term Debt	1.3B	523.7M	270.5M	186.0M	213.9M	358.8M
Other Liab	651.0M	314.3M	392.5M	345.7M	397.6M	538.7M
Net Tangible Assets	133.7M	(272.4M)	(595.9M)	1.6B	1.9B	2.0B
Deferred Long Term Liab	73.9M	43.9M	63.5M	11.9M	10.7M	10.2M
Non Current Assets Total	2.2B	1.9B	1.8B	1.1B	1.4B	1.9B
Non Currrent Assets Other	84.2M	83.3M	30.5M	1.0M	72.2M	59.9M
Non Current Liabilities Total	499.2M	578.5M	345.7M	685.2M	625.2M	722.2M
Short Long Term Debt	809.0M	813.6M	813.5M	244.2M	13.0M	12.3M
Total Current Assets	1.5B	1.1B	863.6M	2.4B	758.3M	1.4B
Non Current Liabilities Other	28.8M	113.2M	76.3M	534.5M	466.3M	489.6M
Net Debt	867.6M	947.1M	800.9M	224.7M	202.2M	192.1M
Net Invested Capital	1.7B	1.1B	502.1M	2.0B	1.1B	1.3B
Net Working Capital	(936.2M)	(1.2B)	(1.7B)	1.4B	283.7M	297.9M

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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.

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Aurora Total Stockholder Equity vs Non Current Liabilities Total Analysis

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Non Current Liabilities Total

Aurora Optoelectronics fundamental ratios Correlations

Aurora Optoelectronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aurora Optoelectronics fundamental ratios Accounts

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Other Information on Investing in Aurora Stock

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Non Current Assets Total	+ 0.98	Good Will
Non Current Liabilities Total	+ 0.98	Good Will
Non Current Liabilities Total	+ 0.96	Non Current Assets Total
Non Current Assets Total	+ 0.93	Retained Earnings
Total Liab	+ 0.92	Total Assets
Non Currrent Assets Other	+ 0.92	Non Current Assets Total

Short Long Term Debt	- 0.93	Net Tangible Assets
Non Current Liabilities Total	- 0.91	Common Stock
Non Currrent Assets Other	- 0.89	Common Stock
Good Will	- 0.87	Common Stock
Non Current Assets Total	- 0.86	Common Stock
Common Stock	- 0.76	Retained Earnings