Alset Net Tangible Assets vs Other Current Liab Analysis

AEI Stock  USD 1.08  0.02  1.82%   
Alset Ehome financial indicator trend analysis is way more than just evaluating Alset Ehome International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alset Ehome International is a good investment. Please check the relationship between Alset Ehome Net Tangible Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alset Ehome International Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alset Ehome's Net Tangible Assets and Other Current Liab is 0.32. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Alset Ehome International, assuming nothing else is changed. The correlation between historical values of Alset Ehome's Net Tangible 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 Net Tangible Assets of Alset Ehome International 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 Net Tangible Assets i.e., Alset Ehome's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

Most indicators from Alset Ehome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alset Ehome International 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 Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of now, Alset Ehome's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization34.8M11.6M1.2M1.2M
Interest Income183.6K67.5K525.9K552.2K

Alset Ehome fundamental ratios Correlations

-0.59-0.550.32-0.42-0.41-0.6-0.450.450.2-0.1-0.440.33-0.12-0.42-0.10.2-0.02-0.14-0.04-0.060.26-0.31-0.1-0.420.55
-0.590.94-0.620.60.220.81-0.19-0.44-0.69-0.540.03-0.65-0.450.85-0.53-0.67-0.240.59-0.410.240.020.74-0.540.63-0.57
-0.550.94-0.740.69-0.060.85-0.41-0.63-0.78-0.71-0.26-0.77-0.610.94-0.65-0.64-0.320.8-0.660.280.290.85-0.70.75-0.58
0.32-0.62-0.74-0.980.3-0.460.460.380.930.790.350.980.88-0.850.880.850.02-0.870.80.29-0.08-0.90.82-0.950.88
-0.420.60.69-0.98-0.230.42-0.31-0.3-0.89-0.66-0.21-0.94-0.770.79-0.79-0.860.130.77-0.68-0.4-0.090.84-0.680.92-0.95
-0.410.22-0.060.3-0.230.140.770.070.290.450.910.240.47-0.160.45-0.02-0.18-0.50.630.06-0.53-0.180.43-0.14-0.01
-0.60.810.85-0.460.420.14-0.13-0.76-0.45-0.49-0.04-0.57-0.30.83-0.33-0.36-0.560.6-0.440.60.350.72-0.470.59-0.37
-0.45-0.19-0.410.46-0.310.77-0.130.220.580.820.940.440.76-0.460.760.290.2-0.730.83-0.14-0.68-0.490.79-0.320.01
0.45-0.44-0.630.38-0.30.07-0.760.220.360.490.270.50.35-0.630.260.130.74-0.630.59-0.47-0.68-0.60.46-0.580.19
0.2-0.69-0.780.93-0.890.29-0.450.580.360.850.420.910.9-0.860.930.910.07-0.870.820.26-0.15-0.890.85-0.860.74
-0.1-0.54-0.710.79-0.660.45-0.490.820.490.850.670.830.96-0.820.950.670.43-0.950.95-0.1-0.56-0.881.0-0.760.44
-0.440.03-0.260.35-0.210.91-0.040.940.270.420.670.330.62-0.320.590.070.14-0.650.78-0.13-0.76-0.340.64-0.23-0.08
0.33-0.65-0.770.98-0.940.24-0.570.440.50.910.830.330.88-0.90.870.840.2-0.90.820.16-0.18-0.960.85-0.980.85
-0.12-0.45-0.610.88-0.770.47-0.30.760.350.90.960.620.88-0.750.990.770.22-0.910.920.19-0.37-0.850.97-0.810.58
-0.420.850.94-0.850.79-0.160.83-0.46-0.63-0.86-0.82-0.32-0.9-0.75-0.78-0.75-0.340.9-0.770.190.30.96-0.820.87-0.67
-0.1-0.53-0.650.88-0.790.45-0.330.760.260.930.950.590.870.99-0.780.820.14-0.890.890.19-0.29-0.850.96-0.780.6
0.2-0.67-0.640.85-0.86-0.02-0.360.290.130.910.670.070.840.77-0.750.82-0.02-0.650.560.40.19-0.80.7-0.790.81
-0.02-0.24-0.320.020.13-0.18-0.560.20.740.070.430.140.20.22-0.340.14-0.02-0.350.35-0.66-0.7-0.380.4-0.25-0.21
-0.140.590.8-0.870.77-0.50.6-0.73-0.63-0.87-0.95-0.65-0.9-0.910.9-0.89-0.65-0.35-0.970.090.540.92-0.940.86-0.57
-0.04-0.41-0.660.8-0.680.63-0.440.830.590.820.950.780.820.92-0.770.890.560.35-0.97-0.04-0.64-0.830.93-0.770.44
-0.060.240.280.29-0.40.060.6-0.14-0.470.26-0.1-0.130.160.190.190.190.4-0.660.09-0.040.60.06-0.06-0.170.48
0.260.020.29-0.08-0.09-0.530.35-0.68-0.68-0.15-0.56-0.76-0.18-0.370.3-0.290.19-0.70.54-0.640.60.31-0.510.160.34
-0.310.740.85-0.90.84-0.180.72-0.49-0.6-0.89-0.88-0.34-0.96-0.850.96-0.85-0.8-0.380.92-0.830.060.31-0.890.94-0.72
-0.1-0.54-0.70.82-0.680.43-0.470.790.460.851.00.640.850.97-0.820.960.70.4-0.940.93-0.06-0.51-0.89-0.780.48
-0.420.630.75-0.950.92-0.140.59-0.32-0.58-0.86-0.76-0.23-0.98-0.810.87-0.78-0.79-0.250.86-0.77-0.170.160.94-0.78-0.86
0.55-0.57-0.580.88-0.95-0.01-0.370.010.190.740.44-0.080.850.58-0.670.60.81-0.21-0.570.440.480.34-0.720.48-0.86
Click cells to compare fundamentals

Alset Ehome Account Relationship Matchups

Alset Ehome fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.2M1.3M(1.3M)(137.3K)3.0M3.2M
Total Current Liabilities7.0M7.8M13.5M3.2M8.3M8.0M
Net Tangible Assets20.0M15.2M57.1M148.4M170.6M179.2M
Retained Earnings(40.5M)(43.0M)(148.2M)(188.7M)(247.9M)(235.5M)
Accounts Payable4.0M1.7M11.3M3.0M4.4M5.0M
Other Assets38.9M23.9M21.3M40.6M36.5M30.2M
Net Receivables852.1K1.4M13.2M4.1M77.5K73.6K
Other Current Assets4.8M9.6M6.2M882.6K6.8M5.3M
Other Stockholder Equity54.3M102.7M296.2M322.5M332.5M167.0M
Total Current Assets11.8M81.9M142.7M95.4M55.5M56.8M
Property Plant Equipment103.4K226.3K660.1K923.5K1.1M1.1M
Total Assets35.9M103.3M184.2M153.5M126.3M111.9M
Short Long Term Debt Total5.7M2.9M1.8M1.8M1.7M1.6M
Total Stockholder Equity15.2M57.1M148.4M137.7M88.2M76.9M
Property Plant And Equipment Net226.3K660.1K923.5K2.9M2.2M1.1M
Current Deferred Revenue258.6K2.9M728.3K21.2K2.1K2.0K
Net Debt2.9M(19.2M)(54.2M)(16.0M)(25.2M)(24.0M)
Cash2.8M22.1M56.1M17.8M26.9M20.2M
Non Current Assets Total24.1M21.4M41.5M58.1M70.9M48.0M
Non Currrent Assets Other23.9M(87.0M)(143.7M)121.4M68.6M72.0M
Long Term Debt9.0M5.0M636.4K126.2K113.6K107.9K
Cash And Short Term Investments6.0M71.3M123.3M90.4M48.7M54.9M
Short Term Investments3.2M49.1M67.2M72.6M21.6M34.7M
Liabilities And Stockholders Equity35.9M103.3M184.2M153.5M126.3M111.9M
Non Current Liabilities Total6.6M829.7K383.4K1.6M722.0K685.9K
Inventory116.7K90.1K47.3K35.0K5.6K5.3K
Total Liab13.6M8.6M13.9M4.8M9.1M10.9M
Net Invested Capital20.8M59.4M149.5M137.8M108.8M86.0M
Property Plant And Equipment Gross226.3K660.1K923.5K2.9M2.2M1.1M
Short Long Term Debt567.1K1.7M1.2M194.5K47.6K45.2K
Accumulated Other Comprehensive Income1.5M2.2M341.6K3.8M3.6M2.7M
Net Working Capital4.7M74.1M129.2M92.2M47.1M54.3M
Short Term Debt626.0K3.1M1.7M285.6K920.3K874.3K

Currently Active Assets on Macroaxis

When determining whether Alset Ehome International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alset Ehome's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alset Ehome International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alset Ehome International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alset Ehome. If investors know Alset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alset Ehome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.34)
Revenue Per Share
0.998
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.04)
Return On Equity
(0.52)
The market value of Alset Ehome International is measured differently than its book value, which is the value of Alset that is recorded on the company's balance sheet. Investors also form their own opinion of Alset Ehome's value that differs from its market value or its book value, called intrinsic value, which is Alset Ehome's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alset Ehome's market value can be influenced by many factors that don't directly affect Alset Ehome's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alset Ehome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alset Ehome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alset Ehome's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.