Advanced Cash vs Total Stockholder Equity Analysis

AMD Stock

26.08 0.13 0.50%

Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Advanced Micro's Cash and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Advanced Micro Devices, assuming nothing else is changed. The correlation between historical values of Advanced Micro's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Advanced Micro Devices are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Advanced Micro's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Advanced Micro Devices, which is listed under current asset account on Advanced Micro Devices balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Advanced Micro customers. The amounts must be unrestricted with restricted cash listed in a different Advanced Micro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Advanced Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Micro Devices 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 Micro Devices. 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.

As of the 1st of December 2024, Tax Provision is likely to grow to about (328.7 M). In addition to that, Selling General Administrative is likely to drop to about 1.5 B

	2022	2023	2024 (projected)
Interest Expense	88M	106M	65.3M
Interest Income	65M	206M	216.3M

Interest Expense Interest Income

Advanced Micro fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt
Total Assets		0.95	0.91	1.0	1.0	0.72	-0.75	0.91	0.85	0.91	1.0	0.99	0.73	0.57	0.9	1.0	0.94	0.89	0.87	0.92	0.99	-0.83	0.92	1.0	0.93	0.89
Other Current Liab	0.95		0.85	0.96	0.97	0.73	-0.88	0.91	0.69	0.8	0.95	0.98	0.72	0.37	0.88	0.95	0.89	0.95	0.73	0.86	0.95	-0.72	0.81	0.96	0.92	0.84
Total Current Liabilities	0.91	0.85		0.91	0.88	0.87	-0.51	0.94	0.89	0.98	0.9	0.87	0.89	0.48	0.98	0.89	0.96	0.86	0.87	0.99	0.92	-0.73	0.97	0.9	0.97	0.97
Total Stockholder Equity	1.0	0.96	0.91		1.0	0.72	-0.76	0.91	0.84	0.9	1.0	0.99	0.73	0.57	0.9	1.0	0.94	0.9	0.87	0.92	0.99	-0.82	0.92	1.0	0.93	0.89
Other Liab	1.0	0.97	0.88	1.0		0.67	-0.79	0.89	0.82	0.87	1.0	1.0	0.68	0.59	0.88	1.0	0.91	0.89	0.86	0.9	0.97	-0.85	0.9	1.0	0.92	0.87
Net Tangible Assets	0.72	0.73	0.87	0.72	0.67		-0.43	0.92	0.61	0.85	0.69	0.68	0.99	0.03	0.88	0.67	0.87	0.86	0.56	0.85	0.8	-0.36	0.74	0.71	0.83	0.84
Net Debt	-0.75	-0.88	-0.51	-0.76	-0.79	-0.43		-0.68	-0.35	-0.45	-0.74	-0.83	-0.41	-0.17	-0.56	-0.75	-0.58	-0.81	-0.39	-0.52	-0.73	0.59	-0.46	-0.76	-0.63	-0.49
Retained Earnings	0.91	0.91	0.94	0.91	0.89	0.92	-0.68		0.75	0.92	0.89	0.89	0.93	0.26	0.93	0.88	0.94	0.97	0.72	0.92	0.95	-0.66	0.85	0.91	0.92	0.88
Accounts Payable	0.85	0.69	0.89	0.84	0.82	0.61	-0.35	0.75		0.93	0.85	0.78	0.64	0.71	0.81	0.85	0.84	0.62	0.93	0.86	0.81	-0.81	0.94	0.84	0.79	0.84
Cash	0.91	0.8	0.98	0.9	0.87	0.85	-0.45	0.92	0.93		0.9	0.85	0.87	0.52	0.94	0.88	0.97	0.81	0.9	0.97	0.92	-0.72	0.97	0.9	0.92	0.95
Non Current Assets Total	1.0	0.95	0.9	1.0	1.0	0.69	-0.74	0.89	0.85	0.9		0.99	0.7	0.61	0.89	1.0	0.93	0.87	0.89	0.91	0.98	-0.84	0.92	1.0	0.92	0.89
Non Currrent Assets Other	0.99	0.98	0.87	0.99	1.0	0.68	-0.83	0.89	0.78	0.85	0.99		0.68	0.54	0.88	0.99	0.91	0.9	0.83	0.89	0.97	-0.82	0.88	0.99	0.92	0.86
Other Assets	0.73	0.72	0.89	0.73	0.68	0.99	-0.41	0.93	0.64	0.87	0.7	0.68		0.1	0.89	0.68	0.86	0.87	0.6	0.87	0.81	-0.44	0.77	0.72	0.85	0.84
Long Term Debt	0.57	0.37	0.48	0.57	0.59	0.03	-0.17	0.26	0.71	0.52	0.61	0.54	0.1		0.41	0.63	0.44	0.19	0.84	0.52	0.49	-0.8	0.68	0.58	0.47	0.49
Net Receivables	0.9	0.88	0.98	0.9	0.88	0.88	-0.56	0.93	0.81	0.94	0.89	0.88	0.89	0.41		0.88	0.97	0.89	0.84	0.99	0.92	-0.66	0.94	0.9	0.99	0.98
Good Will	1.0	0.95	0.89	1.0	1.0	0.67	-0.75	0.88	0.85	0.88	1.0	0.99	0.68	0.63	0.88		0.92	0.86	0.89	0.9	0.97	-0.85	0.92	1.0	0.91	0.88
Common Stock Shares Outstanding	0.94	0.89	0.96	0.94	0.91	0.87	-0.58	0.94	0.84	0.97	0.93	0.91	0.86	0.44	0.97	0.92		0.88	0.85	0.97	0.96	-0.65	0.94	0.94	0.95	0.98
Short Term Investments	0.89	0.95	0.86	0.9	0.89	0.86	-0.81	0.97	0.62	0.81	0.87	0.9	0.87	0.19	0.89	0.86	0.88		0.63	0.86	0.93	-0.63	0.77	0.89	0.91	0.82
Non Current Liabilities Total	0.87	0.73	0.87	0.87	0.86	0.56	-0.39	0.72	0.93	0.9	0.89	0.83	0.6	0.84	0.84	0.89	0.85	0.63		0.9	0.84	-0.85	0.97	0.87	0.85	0.88
Inventory	0.92	0.86	0.99	0.92	0.9	0.85	-0.52	0.92	0.86	0.97	0.91	0.89	0.87	0.52	0.99	0.9	0.97	0.86	0.9		0.93	-0.73	0.97	0.91	0.98	0.98
Other Current Assets	0.99	0.95	0.92	0.99	0.97	0.8	-0.73	0.95	0.81	0.92	0.98	0.97	0.81	0.49	0.92	0.97	0.96	0.93	0.84	0.93		-0.77	0.91	0.99	0.93	0.91
Other Stockholder Equity	-0.83	-0.72	-0.73	-0.82	-0.85	-0.36	0.59	-0.66	-0.81	-0.72	-0.84	-0.82	-0.44	-0.8	-0.66	-0.85	-0.65	-0.63	-0.85	-0.73	-0.77		-0.82	-0.83	-0.75	-0.64
Total Liab	0.92	0.81	0.97	0.92	0.9	0.74	-0.46	0.85	0.94	0.97	0.92	0.88	0.77	0.68	0.94	0.92	0.94	0.77	0.97	0.97	0.91	-0.82		0.92	0.94	0.95
Net Invested Capital	1.0	0.96	0.9	1.0	1.0	0.71	-0.76	0.91	0.84	0.9	1.0	0.99	0.72	0.58	0.9	1.0	0.94	0.89	0.87	0.91	0.99	-0.83	0.92		0.92	0.89
Long Term Investments	0.93	0.92	0.97	0.93	0.92	0.83	-0.63	0.92	0.79	0.92	0.92	0.92	0.85	0.47	0.99	0.91	0.95	0.91	0.85	0.98	0.93	-0.75	0.94	0.92		0.96
Short Long Term Debt	0.89	0.84	0.97	0.89	0.87	0.84	-0.49	0.88	0.84	0.95	0.89	0.86	0.84	0.49	0.98	0.88	0.98	0.82	0.88	0.98	0.91	-0.64	0.95	0.89	0.96

Click cells to compare fundamentals

Advanced Micro Account Relationship Matchups

Advanced Micro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.0B	9.0B	12.4B	67.6B	67.9B	71.3B
Other Current Liab	74M	75M	98M	243M	438M	459.9M
Total Current Liabilities	2.4B	2.4B	4.2B	6.4B	6.7B	4.4B
Total Stockholder Equity	2.8B	5.8B	7.5B	54.8B	55.9B	58.7B
Other Liab	157M	177M	333M	3.6B	4.1B	4.3B
Net Tangible Assets	2.3B	5.3B	6.9B	6.1B	7.0B	4.7B
Retained Earnings	(7.1B)	(4.6B)	(1.5B)	(131M)	723M	759.2M
Accounts Payable	1.2B	546M	1.4B	3.0B	2.1B	1.7B
Cash	1.5B	1.6B	2.5B	4.8B	3.9B	2.8B
Non Current Assets Total	1.4B	2.8B	3.8B	52.6B	51.1B	53.7B
Non Currrent Assets Other	169M	144M	234M	2.2B	2.8B	2.9B
Other Assets	169M	1.4B	2.1B	1.8B	2.1B	1.2B
Long Term Debt	486M	330M	1M	2.5B	1.7B	1.1B
Net Receivables	1.9B	2.1B	2.7B	4.1B	5.4B	3.2B
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.6B	1.6B	1.4B
Short Term Investments	37M	695M	1.1B	1.0B	1.8B	1.9B
Non Current Liabilities Total	842M	708M	682M	6.5B	5.3B	2.8B
Inventory	982M	1.4B	2.0B	3.8B	4.4B	2.4B
Other Current Assets	8M	378M	312M	1.3B	1.3B	1.3B
Total Liab	3.2B	3.1B	4.9B	12.8B	12.0B	7.2B
Net Invested Capital	3.3B	6.2B	7.8B	57.2B	58.4B	61.3B
Total Current Assets	4.6B	6.1B	8.6B	15.0B	16.8B	10.0B
Non Current Liabilities Other	157M	177M	333M	1.7B	1.9B	1.9B
Net Working Capital	2.2B	3.7B	4.3B	8.7B	10.1B	5.6B
Intangible Assets	210M	229M	328M	24.1B	21.4B	22.4B
Property Plant Equipment	705M	849M	1.1B	2.0B	2.3B	2.4B

Pair Trading with Advanced Micro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advanced Micro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advanced Micro will appreciate offsetting losses from the drop in the long position's value.

Moving against Advanced Stock

0.5	SOY	SunOpta	Pair Corr
0.4	DRT	DIRTT Environmental	Pair Corr

The ability to find closely correlated positions to Advanced Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Micro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advanced Micro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advanced Micro Devices to buy it.

The correlation of Advanced Micro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advanced Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Micro Devices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Advanced Micro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Advanced Micro Devices is a strong investment it is important to analyze Advanced Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Micro's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:

How To Invest In Advanced

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Is Advanced Stock a good investment?

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What is Advanced Micro's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Please note, there is a significant difference between Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro'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.

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Advanced Cash vs Total Stockholder Equity Analysis

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash

Total Stockholder Equity

Advanced Micro fundamental ratios Correlations

Advanced Micro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Advanced Micro fundamental ratios Accounts

Pair Trading with Advanced Micro

Moving against Advanced Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Other Liab	+ 1.0	Total Stockholder Equity

Net Debt	- 0.88	Other Current Liab
Other Stockholder Equity	- 0.85	Non Current Liabilities Total
Other Stockholder Equity	- 0.85	Good Will
Other Stockholder Equity	- 0.85	Other Liab
Other Stockholder Equity	- 0.84	Non Current Assets Total
Net Invested Capital	- 0.83	Other Stockholder Equity