AGI Accounts Payable vs Total Assets Analysis

AGI Stock   1,224  26.95  2.15%   
AGI Greenpac financial indicator trend analysis is way more than just evaluating AGI Greenpac Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGI Greenpac Limited is a good investment. Please check the relationship between AGI Greenpac Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGI Greenpac Limited. 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 Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGI Greenpac Limited Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AGI Greenpac's Accounts Payable and Total Assets is 0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of AGI Greenpac Limited, assuming nothing else is changed. The correlation between historical values of AGI Greenpac's Accounts Payable and Total 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 Accounts Payable of AGI Greenpac Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., AGI Greenpac's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents AGI Greenpac 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 AGI Greenpac Limited 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.

Total Assets

Total assets refers to the total amount of AGI Greenpac assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AGI Greenpac Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from AGI Greenpac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGI Greenpac Limited 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 AGI Greenpac Limited. 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.
At present, AGI Greenpac's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense280.8M570.6M870.2M542.7M
Depreciation And Amortization999.8M1.3B1.6B1.1B

AGI Greenpac fundamental ratios Correlations

0.820.120.830.940.910.710.410.980.290.410.690.790.790.810.510.310.950.960.90.270.120.430.530.470.11
0.820.080.740.590.780.970.20.760.440.320.80.740.840.690.690.390.940.830.650.240.260.30.220.170.39
0.120.080.40.020.340.15-0.380.15-0.07-0.420.150.25-0.060.360.540.770.190.070.35-0.22-0.02-0.12-0.58-0.540.3
0.830.740.40.740.820.650.350.770.120.150.580.770.440.920.70.540.840.860.830.01-0.030.450.110.110.48
0.940.590.020.740.80.450.490.930.190.430.520.690.610.740.30.190.790.890.870.270.020.430.660.58-0.05
0.910.780.340.820.80.740.190.940.050.040.570.860.720.910.660.470.910.80.93-0.050.370.210.230.230.13
0.710.970.150.650.450.74-0.030.670.480.20.830.740.820.640.760.490.870.720.590.240.370.170.050.010.35
0.410.2-0.380.350.490.19-0.030.38-0.110.58-0.030.180.170.2-0.33-0.50.30.430.320.03-0.430.490.620.590.01
0.980.760.150.770.930.940.670.380.180.320.590.780.80.790.460.280.930.880.920.170.220.330.520.470.01
0.290.44-0.070.120.190.050.48-0.110.180.710.760.230.46-0.060.160.220.350.430.120.93-0.130.170.220.040.07
0.410.32-0.420.150.430.040.20.580.320.710.50.170.42-0.07-0.3-0.320.340.510.210.82-0.440.420.680.53-0.16
0.690.80.150.580.520.570.83-0.030.590.760.50.620.730.490.610.510.770.790.530.630.020.320.210.090.19
0.790.740.250.770.690.860.740.180.780.230.170.620.590.840.630.50.80.750.850.120.30.160.110.090.23
0.790.84-0.060.440.610.720.820.170.80.460.420.730.590.440.390.130.860.710.610.370.340.20.490.42-0.06
0.810.690.360.920.740.910.640.20.79-0.06-0.070.490.840.440.740.540.790.780.86-0.170.240.310.070.120.32
0.510.690.540.70.30.660.76-0.330.460.16-0.30.610.630.390.740.830.630.540.48-0.10.360.13-0.32-0.290.62
0.310.390.770.540.190.470.49-0.50.280.22-0.320.510.50.130.540.830.390.340.440.020.16-0.16-0.5-0.560.46
0.950.940.190.840.790.910.870.30.930.350.340.770.80.860.790.630.390.920.840.230.190.380.360.320.23
0.960.830.070.860.890.80.720.430.880.430.510.790.750.710.780.540.340.920.810.39-0.040.540.50.430.25
0.90.650.350.830.870.930.590.320.920.120.210.530.850.610.860.480.440.840.810.090.140.160.270.250.0
0.270.24-0.220.010.27-0.050.240.030.170.930.820.630.120.37-0.17-0.10.020.230.390.09-0.280.210.440.25-0.16
0.120.26-0.02-0.030.020.370.37-0.430.22-0.13-0.440.020.30.340.240.360.160.19-0.040.14-0.28-0.35-0.12-0.09-0.02
0.430.3-0.120.450.430.210.170.490.330.170.420.320.160.20.310.13-0.160.380.540.160.21-0.350.490.50.28
0.530.22-0.580.110.660.230.050.620.520.220.680.210.110.490.07-0.32-0.50.360.50.270.44-0.120.490.91-0.33
0.470.17-0.540.110.580.230.010.590.470.040.530.090.090.420.12-0.29-0.560.320.430.250.25-0.090.50.91-0.32
0.110.390.30.48-0.050.130.350.010.010.07-0.160.190.23-0.060.320.620.460.230.250.0-0.16-0.020.28-0.33-0.32
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AGI Greenpac Account Relationship Matchups

AGI Greenpac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.7B28.6B32.8B31.2B33.6B25.9B
Short Long Term Debt Total10.0B9.0B11.6B7.3B6.2B7.8B
Other Current Liab1.6B2.1B2.1B644M573.2M544.5M
Total Current Liabilities6.2B6.6B7.5B6.9B7.8B7.1B
Total Stockholder Equity12.6B12.3B13.9B16.1B18.1B11.7B
Property Plant And Equipment Net18.2B18.4B14.2B15.2B15.4B14.6B
Net Debt9.7B8.9B11.2B5.0B3.8B7.0B
Cash249.4M37.4M397.7M2.3B2.3B2.4B
Non Current Assets Total19.7B19.7B19.0B20.6B21.5B16.5B
Non Currrent Assets Other1.2B1.1B10.6B266.5M876.1M1.5B
Cash And Short Term Investments347.4M164.3M6.6B3.1B4.1B4.3B
Net Receivables4.4B4.3B10.2B3.5B3.2B4.3B
Liabilities And Stockholders Equity28.7B28.6B32.8B31.2B33.6B25.9B
Non Current Liabilities Total9.9B9.6B11.4B8.2B7.7B7.2B
Inventory4.1B4.4B3.0B3.3B4.0B3.9B
Other Current Assets4.5B4.3B4.2B704.7M737.5M700.6M
Other Stockholder Equity12.7B6.9B13.8B2.9B1.00.95
Total Liab16.1B16.2B18.9B15.1B15.4B14.3B
Total Current Assets8.9B8.9B13.8B10.6B12.1B9.4B
Accumulated Other Comprehensive Income(4.9B)4.0B3.9B3.7B18.0B18.9B
Short Term Investments98.0M127.0M6.2B817.6M1.8B929.4M
Intangible Assets173.6M230.6M12.2M9.5M5.9M5.6M
Current Deferred Revenue(2.7B)1.4B1.6B1.9B2.0B1.3B
Retained Earnings4.7B5.3B7.0B9.3B10.7B5.4B
Accounts Payable2.0B2.3B2.2B2.6B4.0B2.4B
Short Term Debt2.7B2.2B3.0B1.7B1.2B1.1B
Other Assets635.7M236.6M18.4M228.7M205.8M339.4M
Long Term Debt7.3B6.8B8.6B5.6B5.0B6.7B
Long Term Debt Total7.3B6.8B8.6B5.6B6.5B6.9B
Property Plant Equipment18.4B18.6B14.2B15.2B13.6B13.8B

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Other Information on Investing in AGI Stock

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