EmbedWay Total Current Assets vs Other Current Liab Analysis

603496 Stock   25.47  0.31  1.23%   
EmbedWay TechCorp financial indicator trend analysis is much more than just examining EmbedWay TechCorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EmbedWay TechCorp is a good investment. Please check the relationship between EmbedWay TechCorp Total Current Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EmbedWay TechCorp. 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 Other Current Liab

Total Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EmbedWay TechCorp Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between EmbedWay TechCorp's Total Current Assets and Other Current Liab is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of EmbedWay TechCorp, assuming nothing else is changed. The correlation between historical values of EmbedWay TechCorp's Total Current Assets and Other Current 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 Total Current Assets of EmbedWay TechCorp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., EmbedWay TechCorp's Total Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Current Liab

Most indicators from EmbedWay TechCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EmbedWay TechCorp 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 EmbedWay TechCorp. 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 29, 2024, Selling General Administrative is expected to decline to about 51.5 M. The current year's Tax Provision is expected to grow to about (236.7 K)
 2021 2022 2023 2024 (projected)
Operating Income26.8M83.2M117.4M66.8M
Total Revenue678.2M770.5M771.4M436.4M

EmbedWay TechCorp fundamental ratios Correlations

0.850.950.850.950.830.690.940.960.960.780.950.950.920.810.970.860.90.9-0.530.880.760.910.92-0.80.82
0.850.830.690.760.70.360.740.830.920.520.850.830.70.670.860.690.750.74-0.380.820.690.780.77-0.820.73
0.950.830.680.930.660.530.890.910.880.60.951.00.860.630.870.860.760.78-0.550.970.60.90.84-0.680.88
0.850.690.680.770.970.810.80.830.840.930.760.670.820.970.90.690.990.95-0.420.550.830.740.94-0.830.69
0.950.760.930.770.750.60.910.950.850.720.970.930.950.70.890.930.830.88-0.580.870.570.980.86-0.650.83
0.830.70.660.970.750.750.750.820.850.90.740.660.790.950.870.650.970.95-0.460.540.870.740.92-0.870.67
0.690.360.530.810.60.750.640.660.580.940.550.530.730.830.730.540.780.78-0.490.340.80.560.73-0.70.45
0.940.740.890.80.910.750.640.880.870.710.920.890.880.70.90.850.850.81-0.270.810.610.850.87-0.650.79
0.960.830.910.830.950.820.660.880.90.770.960.910.970.780.930.940.890.92-0.630.850.690.940.9-0.790.82
0.960.920.880.840.850.850.580.870.90.70.880.880.80.830.960.740.880.84-0.430.830.810.820.88-0.850.75
0.780.520.60.930.720.90.940.710.770.70.680.590.830.910.830.640.90.92-0.540.420.840.720.83-0.780.53
0.950.850.950.760.970.740.550.920.960.880.680.950.940.670.890.950.830.87-0.50.890.590.960.87-0.720.86
0.950.831.00.670.930.660.530.890.910.880.590.950.860.630.860.860.760.78-0.550.970.60.90.84-0.680.88
0.920.70.860.820.950.790.730.880.970.80.830.940.860.740.870.960.870.93-0.610.760.640.940.87-0.720.77
0.810.670.630.970.70.950.830.70.780.830.910.670.630.740.890.580.940.9-0.490.510.890.670.89-0.860.63
0.970.860.870.90.890.870.730.90.930.960.830.890.860.870.890.780.920.9-0.480.770.820.850.9-0.840.73
0.860.690.860.690.930.650.540.850.940.740.640.950.860.960.580.780.760.82-0.550.820.440.920.79-0.590.82
0.90.750.760.990.830.970.780.850.890.880.90.830.760.870.940.920.760.97-0.470.650.820.810.97-0.840.76
0.90.740.780.950.880.950.780.810.920.840.920.870.780.930.90.90.820.97-0.590.660.790.890.95-0.840.77
-0.53-0.38-0.55-0.42-0.58-0.46-0.49-0.27-0.63-0.43-0.54-0.5-0.55-0.61-0.49-0.48-0.55-0.47-0.59-0.52-0.46-0.63-0.490.48-0.47
0.880.820.970.550.870.540.340.810.850.830.420.890.970.760.510.770.820.650.66-0.520.460.840.76-0.570.88
0.760.690.60.830.570.870.80.610.690.810.840.590.60.640.890.820.440.820.79-0.460.460.570.76-0.930.47
0.910.780.90.740.980.740.560.850.940.820.720.960.90.940.670.850.920.810.89-0.630.840.570.84-0.670.8
0.920.770.840.940.860.920.730.870.90.880.830.870.840.870.890.90.790.970.95-0.490.760.760.84-0.810.89
-0.8-0.82-0.68-0.83-0.65-0.87-0.7-0.65-0.79-0.85-0.78-0.72-0.68-0.72-0.86-0.84-0.59-0.84-0.840.48-0.57-0.93-0.67-0.81-0.6
0.820.730.880.690.830.670.450.790.820.750.530.860.880.770.630.730.820.760.77-0.470.880.470.80.89-0.6
Click cells to compare fundamentals

EmbedWay TechCorp Account Relationship Matchups

EmbedWay TechCorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets963.4M1.2B1.6B1.7B2.4B2.6B
Other Current Liab42.3M29.8M16.1M53.5M69.6M73.1M
Total Current Liabilities158.7M352.9M435.5M434.4M1.1B1.1B
Total Stockholder Equity801.4M815.2M1.2B1.3B1.4B707.5M
Other Liab1.2M3.0M5.2M7.6M8.7M9.1M
Retained Earnings311.8M327.5M370.4M447.5M453.4M259.5M
Accounts Payable84.3M195.6M284.2M125.7M149.5M109.6M
Cash73.8M155.1M332.5M301.4M442.6M464.8M
Other Assets29.6M18.7M57.2M64.7M74.4M78.2M
Net Receivables289.6M238.1M228.4M325.5M430.4M451.9M
Inventory207.4M401.9M533.8M450.4M367.0M242.8M
Other Current Assets6.5M21.0M65.8M95.1M123.6M129.8M
Total Liab164.5M356.8M440.9M442.6M1.1B1.1B
Intangible Assets1.5M4.5M16.2M15.5M15.3M16.1M
Common Stock202.4M200.9M228.0M227.8M262.0M131.0M
Property Plant Equipment156.8M163.2M197.0M233.3M268.3M281.7M
Net Tangible Assets799.8M810.7M1.2B1.3B1.4B894.9M
Non Current Assets Total211.1M282.8M417.8M498.7M508.8M313.4M
Non Current Liabilities Total5.8M3.9M5.4M8.2M27.7M29.1M
Deferred Long Term Liab9.7M12.4M9.7M8.0M9.2M8.5M
Total Current Assets752.3M885.7M1.2B1.2B1.9B1.1B
Common Stock Shares Outstanding202.7M201.0M228.0M227.8M320.2M248.1M
Net Invested Capital820.9M906.1M1.3B1.5B1.6B1.2B
Net Working Capital593.6M532.8M761.5M774.6M873.6M731.8M
Capital Stock202.4M200.9M228.0M227.8M320.2M242.2M

Currently Active Assets on Macroaxis

Other Information on Investing in EmbedWay Stock

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