Automotive Total Current Liabilities vs Net Receivables Analysis

ASAL Stock   661.70  22.30  3.26%   
Automotive Stampings financial indicator trend analysis is way more than just evaluating Automotive Stampings and prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Automotive Stampings and is a good investment. Please check the relationship between Automotive Stampings Total Current Liabilities and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Automotive Stampings and. 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Automotive Stampings and Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Automotive Stampings' Total Current Liabilities and Net Receivables is 0.58. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Automotive Stampings and, assuming nothing else is changed. The correlation between historical values of Automotive Stampings' Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Automotive Stampings and are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Automotive Stampings' Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Automotive Stampings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Automotive Stampings and are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

Most indicators from Automotive Stampings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automotive Stampings and 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 Automotive Stampings and. 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.
Selling General Administrative is likely to gain to about 47.3 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense139.0M127.0M152.2M106.7M
Depreciation And Amortization108.4M138.2M163.2M97.8M

Automotive Stampings fundamental ratios Correlations

0.360.010.63-0.220.260.350.250.420.30.770.740.330.760.610.190.670.860.170.680.74-0.05-0.410.04-0.27-0.12
0.36-0.650.86-0.9-0.051.0-0.03-0.160.00.460.470.280.320.530.340.870.490.850.360.46-0.18-0.640.61-0.91-0.06
0.01-0.65-0.450.61-0.08-0.65-0.080.0-0.140.05-0.43-0.180.15-0.36-0.56-0.460.01-0.51-0.34-0.220.20.52-0.340.640.08
0.630.86-0.45-0.87-0.140.850.25-0.110.280.580.570.190.690.720.360.980.760.770.50.79-0.01-0.610.52-0.88-0.12
-0.22-0.90.61-0.870.27-0.9-0.230.39-0.2-0.34-0.34-0.23-0.39-0.6-0.32-0.87-0.47-0.81-0.25-0.580.050.65-0.540.990.14
0.26-0.05-0.08-0.140.27-0.04-0.290.54-0.050.180.310.31-0.270.00.36-0.08-0.02-0.270.36-0.13-0.83-0.180.090.22-0.09
0.351.0-0.650.85-0.9-0.04-0.06-0.16-0.020.450.460.270.310.510.340.860.480.850.350.45-0.19-0.630.62-0.9-0.04
0.25-0.03-0.080.25-0.23-0.29-0.06-0.150.650.30.210.290.40.570.010.290.36-0.160.130.610.25-0.36-0.28-0.23-0.51
0.42-0.160.0-0.110.390.54-0.16-0.15-0.19-0.020.61-0.01-0.14-0.090.51-0.1-0.1-0.140.72-0.12-0.01-0.07-0.260.29-0.14
0.30.0-0.140.28-0.2-0.05-0.020.65-0.190.390.110.140.360.720.170.30.43-0.120.080.59-0.03-0.3-0.19-0.21-0.3
0.770.460.050.58-0.340.180.450.3-0.020.390.40.550.610.69-0.110.650.860.140.250.64-0.26-0.520.16-0.33-0.29
0.740.47-0.430.57-0.340.310.460.210.610.110.40.480.340.570.50.630.460.280.950.56-0.04-0.64-0.06-0.42-0.26
0.330.28-0.180.19-0.230.310.270.29-0.010.140.550.480.090.52-0.20.350.37-0.170.30.36-0.39-0.64-0.15-0.23-0.36
0.760.320.150.69-0.39-0.270.310.4-0.140.360.610.340.090.55-0.130.680.910.270.260.860.25-0.180.12-0.380.09
0.610.53-0.360.72-0.60.00.510.57-0.090.720.690.570.520.550.240.770.720.330.480.81-0.11-0.63-0.01-0.62-0.31
0.190.34-0.560.36-0.320.360.340.010.510.17-0.110.5-0.2-0.130.240.32-0.080.430.640.09-0.19-0.410.29-0.41-0.21
0.670.87-0.460.98-0.87-0.080.860.29-0.10.30.650.630.350.680.770.320.790.70.540.82-0.08-0.70.45-0.88-0.17
0.860.490.010.76-0.47-0.020.480.36-0.10.430.860.460.370.910.72-0.080.790.270.340.88-0.05-0.420.18-0.46-0.06
0.170.85-0.510.77-0.81-0.270.85-0.16-0.14-0.120.140.28-0.170.270.330.430.70.270.290.270.1-0.30.55-0.820.11
0.680.36-0.340.5-0.250.360.350.130.720.080.250.950.30.260.480.640.540.340.290.45-0.04-0.53-0.03-0.35-0.22
0.740.46-0.220.79-0.58-0.130.450.61-0.120.590.640.560.360.860.810.090.820.880.270.450.07-0.490.09-0.59-0.11
-0.05-0.180.2-0.010.05-0.83-0.190.25-0.01-0.03-0.26-0.04-0.390.25-0.11-0.19-0.08-0.050.1-0.040.070.28-0.420.060.11
-0.41-0.640.52-0.610.65-0.18-0.63-0.36-0.07-0.3-0.52-0.64-0.64-0.18-0.63-0.41-0.7-0.42-0.3-0.53-0.490.28-0.280.680.65
0.040.61-0.340.52-0.540.090.62-0.28-0.26-0.190.16-0.06-0.150.12-0.010.290.450.180.55-0.030.09-0.42-0.28-0.520.02
-0.27-0.910.64-0.880.990.22-0.9-0.230.29-0.21-0.33-0.42-0.23-0.38-0.62-0.41-0.88-0.46-0.82-0.35-0.590.060.68-0.520.16
-0.12-0.060.08-0.120.14-0.09-0.04-0.51-0.14-0.3-0.29-0.26-0.360.09-0.31-0.21-0.17-0.060.11-0.22-0.110.110.650.020.16
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Automotive Stampings Account Relationship Matchups

Automotive Stampings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.7B1.8B2.3B2.8B2.1B
Short Long Term Debt Total1.5B1.6B819.4M826.7M1.0B867.7M
Other Current Liab409.0K420K(1.5M)122.9M302.1M172.5M
Total Current Liabilities2.1B2.2B1.8B2.1B2.3B1.4B
Total Stockholder Equity(588.3M)(887.2M)(357.1M)(273.4M)(73.7M)(70.0M)
Property Plant And Equipment Net1.0B845.2M932.2M934.6M1.2B1.2B
Net Debt1.5B1.6B783.7M797.5M1.0B845.9M
Cash4.1M259K35.7M29.1M18.8M15.9M
Non Current Assets Total1.1B904.9M1.0B992.9M1.2B1.2B
Cash And Short Term Investments4.1M259K35.7M148.6M18.8M30.9M
Net Receivables360.9M311.5M230.2M580.0M715.1M408.7M
Liabilities And Stockholders Equity1.9B1.7B1.8B2.3B2.8B2.1B
Non Current Liabilities Total317.6M411.3M404.4M380.5M615.5M363.5M
Inventory313.7M367.6M405.3M513.3M663.3M377.9M
Other Current Assets122.4M164.0M124.2M270.0M207.4M103.7M
Total Liab2.4B2.6B2.2B2.5B2.9B1.9B
Total Current Assets757.0M843.4M795.5M1.3B1.6B883.8M
Accumulated Other Comprehensive Income(372.6M)(470.3M)74.4M74.4M(232.3M)(244.0M)
Short Term Debt1.2B1.2B452.8M487.3M479.5M513.7M
Accounts Payable704.0M769.7M1.1B1.4B1.5B841.6M
Non Currrent Assets Other(76.7M)(12.6M)1K32.4M65.6M68.9M
Intangible Assets4.4M3.1M2.3M1.8M2.3M2.9M
Current Deferred Revenue221.9M229.8M203.8M57.1M4.5M4.3M
Retained Earnings(1.2B)(1.5B)(1.0B)(930.2M)(730.5M)(767.0M)
Other Liab36.9M41.6M50.5M37.7M43.4M43.6M
Net Tangible Assets(416.0M)(592.7M)(890.3M)(359.4M)(323.5M)(307.3M)
Other Assets67.1M59.9M81.0M32.4M29.2M44.5M
Short Long Term Debt1.2B1.2B428.4M460M459.9M683.2M
Property Plant Equipment1.0B841.9M930.2M934.6M841.1M836.4M
Long Term Debt Total275.9M360.8M366.7M339.4M305.5M304.6M
Cash And Equivalents4.1M259K35.7M29.1M33.5M35.2M
Net Invested Capital864.1M655.2M71.3M186.6M386.2M451.0M
Net Working Capital(1.4B)(1.4B)(966.2M)(885.8M)(703.4M)(738.5M)

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