Epoxy Accounts Payable vs Common Stock Analysis

603002 Stock   5.63  0.12  2.09%   
Epoxy Base financial indicator trend analysis is much more than just examining Epoxy Base Electronic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Epoxy Base Electronic is a good investment. Please check the relationship between Epoxy Base Accounts Payable and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Epoxy Base Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Epoxy Base Electronic Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Epoxy Base's Accounts Payable and Common Stock is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Epoxy Base Electronic, assuming nothing else is changed. The correlation between historical values of Epoxy Base's Accounts Payable and Common Stock 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 Epoxy Base Electronic are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Epoxy Base's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Epoxy Base 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 Epoxy Base Electronic 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.

Common Stock

Most indicators from Epoxy Base's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Epoxy Base Electronic 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 Epoxy Base Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 41.2 M, whereas Tax Provision is forecasted to decline to about 9.6 M.
 2022 2023 2024 2025 (projected)
Operating Income142.9M71.4M82.1M111.3M
Total Revenue3.0B2.2B2.6B1.9B

Epoxy Base fundamental ratios Correlations

0.490.710.970.940.690.940.470.70.530.570.480.750.860.80.870.52-0.490.87-0.870.890.890.150.90.860.93
0.490.860.290.460.80.280.88-0.090.690.720.110.840.140.570.470.31-0.420.45-0.370.550.4-0.060.370.270.19
0.710.860.510.680.990.50.870.090.870.90.210.990.350.740.660.4-0.430.74-0.630.820.660.140.630.560.44
0.970.290.510.920.490.970.260.820.340.380.510.570.940.740.830.53-0.460.83-0.860.820.880.130.890.880.98
0.940.460.680.920.680.830.450.580.570.580.370.70.90.860.910.63-0.60.92-0.910.850.890.170.840.820.85
0.690.80.990.490.680.460.870.080.920.950.210.970.340.740.670.42-0.450.72-0.60.790.620.230.580.520.41
0.940.280.50.970.830.460.250.840.280.330.480.560.860.660.750.39-0.350.77-0.820.810.840.080.890.870.98
0.470.880.870.260.450.870.25-0.090.830.780.130.830.080.560.450.28-0.410.45-0.410.570.33-0.080.330.230.18
0.7-0.090.090.820.580.080.84-0.09-0.02-0.020.460.160.780.430.60.4-0.390.49-0.50.520.590.130.660.690.86
0.530.690.870.340.570.920.280.83-0.020.910.150.810.210.60.610.4-0.510.55-0.430.590.390.20.350.290.25
0.570.720.90.380.580.950.330.78-0.020.910.130.880.230.620.630.37-0.450.57-0.480.620.490.40.420.350.29
0.480.110.210.510.370.210.480.130.460.150.130.230.330.260.34-0.04-0.060.35-0.380.410.36-0.120.430.420.52
0.750.840.990.570.70.970.560.830.160.810.880.230.410.770.670.43-0.410.77-0.650.860.720.170.70.630.5
0.860.140.350.940.90.340.860.080.780.210.230.330.410.690.780.63-0.490.78-0.780.70.840.20.810.830.91
0.80.570.740.740.860.740.660.560.430.60.620.260.770.690.850.78-0.730.9-0.770.860.870.190.830.810.64
0.870.470.660.830.910.670.750.450.60.610.630.340.670.780.850.65-0.790.84-0.780.770.790.270.750.720.77
0.520.310.40.530.630.420.390.280.40.40.37-0.040.430.630.780.65-0.780.58-0.420.510.580.340.520.540.42
-0.49-0.42-0.43-0.46-0.6-0.45-0.35-0.41-0.39-0.51-0.45-0.06-0.41-0.49-0.73-0.79-0.78-0.490.36-0.4-0.42-0.31-0.36-0.35-0.35
0.870.450.740.830.920.720.770.450.490.550.570.350.770.780.90.840.58-0.49-0.910.950.950.090.930.920.79
-0.87-0.37-0.63-0.86-0.91-0.6-0.82-0.41-0.5-0.43-0.48-0.38-0.65-0.78-0.77-0.78-0.420.36-0.91-0.85-0.880.03-0.88-0.84-0.83
0.890.550.820.820.850.790.810.570.520.590.620.410.860.70.860.770.51-0.40.95-0.850.930.080.940.920.8
0.890.40.660.880.890.620.840.330.590.390.490.360.720.840.870.790.58-0.420.95-0.880.930.150.970.970.85
0.15-0.060.140.130.170.230.08-0.080.130.20.4-0.120.170.20.190.270.34-0.310.090.030.080.150.060.090.09
0.90.370.630.890.840.580.890.330.660.350.420.430.70.810.830.750.52-0.360.93-0.880.940.970.060.990.89
0.860.270.560.880.820.520.870.230.690.290.350.420.630.830.810.720.54-0.350.92-0.840.920.970.090.990.88
0.930.190.440.980.850.410.980.180.860.250.290.520.50.910.640.770.42-0.350.79-0.830.80.850.090.890.88
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Epoxy Base Account Relationship Matchups

Epoxy Base fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B4.6B3.6B4.7B5.4B5.7B
Other Current Liab304.3M640.2M160.7M98.1M112.9M128.0M
Total Current Liabilities1.5B2.5B1.1B1.1B1.3B892.4M
Total Stockholder Equity2.0B2.1B2.5B3.4B4.0B4.2B
Retained Earnings766.3M917.2M1.2B969.1M1.1B1.2B
Accounts Payable1.0B1.6B796.7M743.6M855.1M631.4M
Cash1.0B1.2B921.5M2.0B2.3B2.5B
Other Assets23.4M43.3M80.4M10.3M11.9M16.4M
Long Term Debt4.9M2.8M0.0137.6M158.3M166.2M
Net Receivables833.1M1.2B717.5M600.8M690.9M682.7M
Inventory174.0M247.2M145.9M113.0M129.9M126.3M
Other Current Assets110.9M138.4M27.8M209.6M241.0M253.1M
Total Liab1.5B2.5B1.1B1.3B1.5B897.2M
Intangible Assets29.9M37.4M118.9M115.3M132.6M139.2M
Property Plant Equipment684.8M789.2M764.5M816.0M938.4M985.3M
Other Liab5.8M3.9M4.8M6.1M7.0M3.6M
Short Term Investments75.1M100.1M100.1M140.3M126.2M101.7M
Net Tangible Assets1.6B1.9B2.0B2.3B2.7B1.7B
Other Stockholder Equity135.9K(699.7K)(156.5K)(701.5K)(631.4K)(599.8K)
Total Current Assets2.6B3.6B2.5B3.5B4.1B2.3B
Non Current Assets Total862.4M942.3M1.1B1.2B1.3B870.6M
Non Currrent Assets Other6.9M74.2M156.7M87.2M78.5M94.3M
Non Current Liabilities Total4.9M8.8M6.6M144.7M166.4M174.7M
Net Invested Capital2.0B2.2B2.6B3.8B4.4B2.2B
Net Working Capital1.1B1.1B1.4B2.4B2.8B2.9B
Short Long Term Debt71.2M102.7M120.2M216.2M248.6M261.1M
Property Plant And Equipment Net789.2M764.5M816.0M960.3M1.1B837.3M
Property Plant And Equipment Gross1.1B1.1B816.0M1.4B1.6B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Epoxy Stock

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