APT Non Current Liabilities Total vs Other Current Assets Analysis

688617 Stock   362.62  10.47  2.97%   
APT Medical financial indicator trend analysis is way more than just evaluating APT Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APT Medical is a good investment. Please check the relationship between APT Medical Non Current Liabilities Total and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APT Medical. 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.

Non Current Liabilities Total vs Other Current Assets

Non Current Liabilities Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APT Medical Non Current Liabilities Total account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between APT Medical's Non Current Liabilities Total and Other Current Assets is -0.73. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of APT Medical, assuming nothing else is changed. The correlation between historical values of APT Medical's Non Current Liabilities Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of APT Medical are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., APT Medical's Non Current Liabilities Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from APT Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APT Medical 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 APT Medical. 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 346.8 M, whereas Tax Provision is forecasted to decline to about 41 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.6M1.5M3.7M3.9M
Depreciation And Amortization22.7M63.1M72.5M76.1M

APT Medical fundamental ratios Correlations

0.50.540.840.990.97-0.760.830.960.680.980.560.930.980.230.98-0.830.940.841.00.860.620.96-0.89-0.610.98
0.50.30.480.460.540.090.430.490.350.60.220.420.420.950.62-0.880.450.590.460.760.960.69-0.45-0.320.42
0.540.30.250.570.41-0.450.190.56-0.120.50.550.410.530.160.61-0.520.430.270.550.390.20.52-0.5-0.050.51
0.840.480.250.810.88-0.61.00.870.930.880.170.920.870.250.85-0.710.880.990.820.920.620.81-0.86-0.650.86
0.990.460.570.810.95-0.810.80.940.650.950.630.940.980.190.97-0.810.950.811.00.830.560.94-0.9-0.650.99
0.970.540.410.880.95-0.660.870.960.760.990.390.890.920.270.96-0.80.880.890.950.880.690.95-0.88-0.560.93
-0.760.09-0.45-0.6-0.81-0.66-0.62-0.66-0.51-0.63-0.68-0.82-0.830.33-0.670.38-0.83-0.53-0.8-0.470.0-0.610.760.68-0.83
0.830.430.191.00.80.87-0.620.840.950.860.170.920.860.20.82-0.670.880.980.810.90.580.79-0.86-0.680.85
0.960.490.560.870.940.96-0.660.840.680.980.360.880.930.210.95-0.780.850.870.940.860.620.9-0.83-0.430.93
0.680.35-0.120.930.650.76-0.510.950.680.720.040.810.720.150.65-0.520.770.910.660.790.530.65-0.72-0.70.72
0.980.60.50.880.950.99-0.630.860.980.720.410.890.930.340.98-0.850.880.890.960.910.730.96-0.88-0.530.94
0.560.220.550.170.630.39-0.680.170.360.040.410.540.590.120.52-0.540.620.190.620.320.150.54-0.5-0.610.6
0.930.420.410.920.940.89-0.820.920.880.810.890.540.980.170.9-0.760.990.90.940.880.520.87-0.91-0.790.97
0.980.420.530.870.980.92-0.830.860.930.720.930.590.980.160.94-0.780.980.860.980.850.520.9-0.89-0.691.0
0.230.950.160.250.190.270.330.20.210.150.340.120.170.160.37-0.730.210.370.190.560.860.45-0.2-0.20.15
0.980.620.610.850.970.96-0.670.820.950.650.980.520.90.940.37-0.890.910.860.960.920.70.98-0.92-0.580.94
-0.83-0.88-0.52-0.71-0.81-0.80.38-0.67-0.78-0.52-0.85-0.54-0.76-0.78-0.73-0.89-0.79-0.77-0.81-0.91-0.88-0.910.730.56-0.78
0.940.450.430.880.950.88-0.830.880.850.770.880.620.990.980.210.91-0.790.870.950.870.530.88-0.91-0.820.97
0.840.590.270.990.810.89-0.530.980.870.910.890.190.90.860.370.86-0.770.870.820.960.710.84-0.85-0.650.85
1.00.460.550.821.00.95-0.80.810.940.660.960.620.940.980.190.96-0.810.950.820.830.570.94-0.89-0.640.99
0.860.760.390.920.830.88-0.470.90.860.790.910.320.880.850.560.92-0.910.870.960.830.820.91-0.85-0.640.84
0.620.960.20.620.560.690.00.580.620.530.730.150.520.520.860.7-0.880.530.710.570.820.78-0.54-0.370.53
0.960.690.520.810.940.95-0.610.790.90.650.960.540.870.90.450.98-0.910.880.840.940.910.78-0.91-0.630.91
-0.89-0.45-0.5-0.86-0.9-0.880.76-0.86-0.83-0.72-0.88-0.5-0.91-0.89-0.2-0.920.73-0.91-0.85-0.89-0.85-0.54-0.910.74-0.89
-0.61-0.32-0.05-0.65-0.65-0.560.68-0.68-0.43-0.7-0.53-0.61-0.79-0.69-0.2-0.580.56-0.82-0.65-0.64-0.64-0.37-0.630.74-0.68
0.980.420.510.860.990.93-0.830.850.930.720.940.60.971.00.150.94-0.780.970.850.990.840.530.91-0.89-0.68
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APT Medical Account Relationship Matchups

APT Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets561.0M588.7M2.0B2.2B2.6B1.3B
Short Long Term Debt Total137.9M39.1M46.6M52.6M60.5M52.7M
Other Current Liab56.6M85.5M143.8M327.1M4.8M4.6M
Total Current Liabilities101.5M109.4M194.5M411.9M588.2M617.6M
Total Stockholder Equity349.6M460.4M1.8B1.8B1.9B1.1B
Property Plant And Equipment Net133.4M155.1M258.7M319.9M464.5M236.0M
Net Debt64.4M(81.3M)(263.1M)(198.3M)(178.5M)(169.5M)
Retained Earnings139.7M238.9M405.3M686.1M1.1B1.2B
Accounts Payable11.0M8.4M21.1M41.2M42.7M21.6M
Cash73.5M120.3M309.7M250.9M1.3B1.3B
Non Current Assets Total286.7M238.5M459.9M668.5M816.9M421.5M
Non Currrent Assets Other48.2M49.3M951.4M297.0M44.8M42.6M
Cash And Short Term Investments73.5M120.3M1.2B1.1B1.3B1.4B
Common Stock Shares Outstanding50.0M49.9M65.6M66.7M66.9M62.7M
Liabilities And Stockholders Equity561.0M588.7M2.0B2.2B2.6B2.7B
Non Current Liabilities Total113.7M29.2M27.5M23.0M22.8M35.7M
Inventory142.8M145.3M263.2M337.9M328.0M210.8M
Other Current Assets1.1M28.1M4.4M5.5M7.3M13.6M
Other Stockholder Equity159.9M171.4M1.3B1.0B1.2B1.2B
Total Liab215.1M138.6M222.0M434.9M611.0M641.5M
Total Current Assets274.3M350.3M1.6B1.6B1.8B920.6M
Short Term Debt33.8M15.5M29.6M43.5M50.1M52.6M
Intangible Assets103.8M32.5M32.4M38.9M83.0M46.0M

Currently Active Assets on Macroaxis

Other Information on Investing in APT Stock

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