Advanced Other Operating Expenses vs Non Operating Income Net Other Analysis

AEIS Stock  USD 121.16  1.50  1.25%   
Advanced Energy financial indicator trend analysis is way more than just evaluating Advanced Energy Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Energy Indu is a good investment. Please check the relationship between Advanced Energy Other Operating Expenses and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Operating Expenses vs Non Operating Income Net Other

Other Operating Expenses vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Energy Indu Other Operating Expenses account and Non Operating Income Net Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Advanced Energy's Other Operating Expenses and Non Operating Income Net Other is 0.27. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Advanced Energy Industries, assuming nothing else is changed. The correlation between historical values of Advanced Energy's Other Operating Expenses and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Advanced Energy Industries are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Other Operating Expenses i.e., Advanced Energy's Other Operating Expenses and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Advanced Energy Indu. It is also known as Advanced Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Non Operating Income Net Other

Most indicators from Advanced Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Energy Indu 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 Advanced Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Advanced Energy's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2025, whereas Tax Provision is likely to drop slightly above 20.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit675.5M592.4M681.3M715.3M
Total Revenue1.8B1.7B1.9B2.0B

Advanced Energy fundamental ratios Correlations

0.890.940.940.980.960.470.980.880.950.980.850.950.950.270.980.960.97-0.140.990.980.990.70.930.280.28
0.890.720.720.860.770.310.850.640.960.810.940.960.740.270.920.770.78-0.060.890.890.920.580.910.30.3
0.940.720.970.930.970.540.940.920.790.970.670.790.960.190.880.980.98-0.240.920.90.90.720.810.190.19
0.940.720.970.920.980.490.940.980.80.970.630.80.970.250.890.980.98-0.220.930.890.910.790.780.260.26
0.980.860.930.920.930.360.980.860.930.960.810.930.950.360.940.960.95-0.080.950.940.980.690.910.370.37
0.960.770.970.980.930.590.950.940.850.990.720.850.970.160.940.970.99-0.270.970.950.940.710.850.170.17
0.470.310.540.490.360.590.380.50.330.550.430.330.54-0.250.540.510.55-0.190.540.580.420.060.51-0.25-0.25
0.980.850.940.940.980.950.380.880.920.970.780.920.940.220.940.960.96-0.250.960.940.970.720.890.230.23
0.880.640.920.980.860.940.50.880.720.930.530.720.940.220.830.950.94-0.240.880.830.840.760.710.230.23
0.950.960.790.80.930.850.330.920.720.870.941.00.820.260.960.850.86-0.10.940.950.980.620.950.280.28
0.980.810.970.970.960.990.550.970.930.870.750.870.980.240.950.980.99-0.20.970.960.950.70.860.250.25
0.850.940.670.630.810.720.430.780.530.940.750.940.690.20.910.720.740.020.860.90.890.410.950.210.21
0.950.960.790.80.930.850.330.920.721.00.870.940.820.270.960.850.86-0.090.940.950.980.620.950.290.29
0.950.740.960.970.950.970.540.940.940.820.980.690.820.330.90.970.98-0.090.940.920.920.670.840.340.34
0.270.270.190.250.360.16-0.250.220.220.260.240.20.270.330.190.220.210.730.210.180.290.260.20.990.99
0.980.920.880.890.940.940.540.940.830.960.950.910.960.90.190.920.94-0.170.991.00.980.640.950.20.21
0.960.770.980.980.960.970.510.960.950.850.980.720.850.970.220.920.99-0.190.950.930.940.720.860.230.23
0.970.780.980.980.950.990.550.960.940.860.990.740.860.980.210.940.99-0.210.970.950.950.730.870.210.21
-0.14-0.06-0.24-0.22-0.08-0.27-0.19-0.25-0.24-0.1-0.20.02-0.09-0.090.73-0.17-0.19-0.21-0.19-0.17-0.11-0.22-0.050.750.75
0.990.890.920.930.950.970.540.960.880.940.970.860.940.940.210.990.950.97-0.190.990.990.690.930.220.22
0.980.890.90.890.940.950.580.940.830.950.960.90.950.920.181.00.930.95-0.170.990.980.610.960.190.19
0.990.920.90.910.980.940.420.970.840.980.950.890.980.920.290.980.940.95-0.110.990.980.680.950.30.3
0.70.580.720.790.690.710.060.720.760.620.70.410.620.670.260.640.720.73-0.220.690.610.680.490.280.28
0.930.910.810.780.910.850.510.890.710.950.860.950.950.840.20.950.860.87-0.050.930.960.950.490.210.21
0.280.30.190.260.370.17-0.250.230.230.280.250.210.290.340.990.20.230.210.750.220.190.30.280.211.0
0.280.30.190.260.370.17-0.250.230.230.280.250.210.290.340.990.210.230.210.750.220.190.30.280.211.0
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Advanced Energy Account Relationship Matchups

Advanced Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.6B1.8B2.0B2.6B2.9B3.1B
Short Long Term Debt Total338.6M408.6M390.0M1.0B1.2B1.2B
Other Current Liab141.3M140.3M202.7M156.3M179.7M188.7M
Total Current Liabilities297.4M370.2M393.0M335.8M386.2M405.5M
Total Stockholder Equity814.7M870.9M1.1B1.1B1.3B1.4B
Property Plant And Equipment Net218.6M216.6M248.6M263.1M302.6M317.7M
Net Debt(141.7M)(135.8M)(68.8M)(21.8M)(19.6M)(20.6M)
Retained Earnings712.3M756.3M915.3M989.7M1.1B1.2B
Accounts Payable125.2M193.7M170.5M141.9M163.1M171.3M
Cash480.4M544.4M458.8M1.0B1.2B1.3B
Non Current Assets Total667.4M655.1M803.7M844.9M971.6M1.0B
Non Currrent Assets Other19.1M16.9M20.6M136.4M156.9M164.8M
Cash And Short Term Investments483.0M546.7M458.8M1.0B1.2B1.3B
Net Receivables240.0M237.2M300.7M282.4M324.8M341.0M
Common Stock Shares Outstanding38.5M38.4M37.7M37.8M43.4M40.4M
Liabilities And Stockholders Equity1.6B1.8B2.0B2.6B2.9B3.1B
Non Current Liabilities Total535.9M575.6M532.9M1.1B1.2B1.3B
Inventory221.3M338.4M376.0M336.1M386.6M405.9M
Other Current Assets35.9M39.9M53.0M48.8M56.1M58.9M
Other Stockholder Equity105.0M115.7M134.6M148.3M170.5M177.7M
Total Liab833.3M945.8M925.9M1.4B1.6B1.7B
Property Plant And Equipment Gross218.6M216.6M248.6M432.5M497.3M522.2M
Total Current Assets981.2M1.2B1.2B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(2.6M)(1.2M)16.3M6.1M7.0M8.9M
Short Term Debt50.7M51.7M53.5M37.7M43.4M45.6M
Current Deferred Revenue12.2M22.1M26.3M48.9M56.3M59.1M
Short Term Investments2.7M2.3M2.1M163K146.7K139.4K
Intangible Assets168.9M159.4M189.5M161.5M185.7M195.0M
Other Assets65.2M69.9M66.9M68.7M79.1M83.0M
Long Term Debt304.5M372.7M353.3M895.7M1.0B1.1B
Property Plant Equipment108.1M114.7M216.6M148.5M170.7M179.3M
Other Liab122.7M231.4M202.9M85.1M97.9M69.5M
Good Will210.0M212.2M281.4M283.8M326.4M342.7M
Net Tangible Assets492.7M435.8M499.3M595.3M684.6M470.7M
Noncontrolling Interest In Consolidated Entity512K546K601K645K741.8K778.8K
Retained Earnings Total Equity577.7M712.3M756.3M915.3M1.1B1.1B
Capital Surpluse104.8M105.0M115.7M134.6M121.2M128.6M
Deferred Long Term Liab7.0M10.0M10.1M9.9M11.4M18.5M

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