Allianz Accounts Payable vs Short Term Investments Analysis

ATT Stock   404.00  6.00  1.51%   
Allianz Technology financial indicator trend analysis is way more than just evaluating Allianz Technology Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allianz Technology Trust is a good investment. Please check the relationship between Allianz Technology Accounts Payable and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allianz Technology Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allianz Technology Trust Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Allianz Technology's Accounts Payable and Short Term Investments is 0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Allianz Technology Trust, assuming nothing else is changed. The correlation between historical values of Allianz Technology's Accounts Payable and Short Term Investments 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 Allianz Technology Trust are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Allianz Technology's Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Allianz Technology 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 Allianz Technology Trust 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.

Short Term Investments

Short Term Investments is an item under the current assets section of Allianz Technology balance sheet. It contains any investments Allianz Technology Trust undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Allianz Technology Trust can easily liquidate in the marketplace.
Most indicators from Allianz Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allianz Technology Trust 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 Allianz Technology Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 8.1 M, whereas Tax Provision is forecasted to decline to about 569.9 K.

Allianz Technology fundamental ratios Correlations

1.0-0.260.85-0.560.150.85-0.060.970.730.430.29-0.831.0-0.990.75-0.040.790.30.970.760.96-0.140.270.940.96
1.0-0.270.85-0.560.130.85-0.070.970.730.420.28-0.831.0-0.990.75-0.050.790.280.970.760.96-0.130.270.940.96
-0.26-0.27-0.210.110.23-0.27-0.19-0.33-0.68-0.04-0.060.23-0.280.3-0.22-0.23-0.26-0.14-0.21-0.28-0.22-0.080.17-0.25-0.24
0.850.85-0.21-0.360.110.81-0.030.880.750.450.26-1.00.84-0.880.95-0.140.80.240.860.920.74-0.23-0.070.840.83
-0.56-0.560.11-0.360.13-0.240.01-0.42-0.160.030.030.31-0.560.51-0.10.18-0.150.05-0.61-0.08-0.560.1-0.19-0.26-0.34
0.150.130.230.110.130.120.350.2-0.060.540.93-0.110.13-0.170.130.60.160.930.110.330.06-0.18-0.180.20.18
0.850.85-0.270.81-0.240.12-0.080.860.80.450.28-0.820.85-0.880.85-0.060.990.250.860.830.8-0.20.190.910.94
-0.06-0.07-0.19-0.030.010.35-0.08-0.010.0-0.440.390.03-0.070.05-0.030.84-0.060.42-0.080.17-0.16-0.2-0.53-0.09-0.09
0.970.97-0.330.88-0.420.20.86-0.010.780.480.35-0.880.97-0.990.820.020.820.380.930.840.89-0.110.120.960.95
0.730.73-0.680.75-0.16-0.060.80.00.780.420.24-0.780.74-0.770.790.060.780.230.680.80.69-0.090.060.780.78
0.430.42-0.040.450.030.540.45-0.440.480.420.63-0.460.43-0.470.48-0.10.480.580.40.50.39-0.040.150.50.48
0.290.28-0.060.260.030.930.280.390.350.240.63-0.270.29-0.320.280.650.310.980.240.50.19-0.17-0.210.330.31
-0.83-0.830.23-1.00.31-0.11-0.820.03-0.88-0.78-0.46-0.27-0.830.88-0.970.13-0.81-0.25-0.85-0.93-0.720.220.08-0.84-0.83
1.01.0-0.280.84-0.560.130.85-0.070.970.740.430.29-0.83-0.990.75-0.040.790.290.970.760.96-0.130.270.940.96
-0.99-0.990.3-0.880.51-0.17-0.880.05-0.99-0.77-0.47-0.320.88-0.99-0.810.04-0.84-0.33-0.96-0.82-0.930.14-0.17-0.95-0.97
0.750.75-0.220.95-0.10.130.85-0.030.820.790.480.28-0.970.75-0.81-0.10.870.250.760.960.64-0.21-0.120.830.81
-0.04-0.05-0.23-0.140.180.6-0.060.840.020.06-0.10.650.13-0.040.04-0.1-0.050.68-0.120.17-0.110.03-0.310.0-0.02
0.790.79-0.260.8-0.150.160.99-0.060.820.780.480.31-0.810.79-0.840.87-0.050.290.810.850.73-0.210.10.880.9
0.30.28-0.140.240.050.930.250.420.380.230.580.98-0.250.29-0.330.250.680.290.240.480.18-0.14-0.250.340.31
0.970.97-0.210.86-0.610.110.86-0.080.930.680.40.24-0.850.97-0.960.76-0.120.810.240.740.93-0.220.270.890.92
0.760.76-0.280.92-0.080.330.830.170.840.80.50.5-0.930.76-0.820.960.170.850.480.740.63-0.2-0.170.850.82
0.960.96-0.220.74-0.560.060.8-0.160.890.690.390.19-0.720.96-0.930.64-0.110.730.180.930.63-0.220.50.910.93
-0.14-0.13-0.08-0.230.1-0.18-0.2-0.2-0.11-0.09-0.04-0.170.22-0.130.14-0.210.03-0.21-0.14-0.22-0.2-0.22-0.09-0.13-0.14
0.270.270.17-0.07-0.19-0.180.19-0.530.120.060.15-0.210.080.27-0.17-0.12-0.310.1-0.250.27-0.170.5-0.090.270.29
0.940.94-0.250.84-0.260.20.91-0.090.960.780.50.33-0.840.94-0.950.830.00.880.340.890.850.91-0.130.270.99
0.960.96-0.240.83-0.340.180.94-0.090.950.780.480.31-0.830.96-0.970.81-0.020.90.310.920.820.93-0.140.290.99
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Allianz Technology Account Relationship Matchups

Allianz Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets584.8M1.3B1.5B941.5M1.3B1.4B
Total Stockholder Equity583.4M1.2B1.5B938.9M1.3B1.4B
Cash15.4M30.1M46.0M41.7M34.3M36.0M
Total Liab1.4M29.2M2.8M2.5M3.0M4.8M
Other Current Liab1.4M27.2M2.8M2.5M3.0M1.6M
Total Current Liabilities1.4M29.2M2.8M2.5M6.0M5.7M
Net Debt(15.4M)(30.1M)(46.0M)(41.7M)(34.3M)(32.6M)
Non Current Assets Total567.9M1.2B1.4B898.9M1.3B1.4B
Cash And Short Term Investments15.4M30.1M46.0M41.7M34.3M18.0M
Net Receivables1.5M7.8M1.0M787K621K590.0K
Liabilities And Stockholders Equity584.8M1.3B1.5B941.5M1.3B1.4B
Non Current Liabilities Total1.4M29.2M2.8M2.5M3.0M5.7M
Total Current Assets16.9M42.8M47.1M42.5M35.0M21.2M
Retained Earnings413.5M904.3M1.1B593.0M972.8M1.0B
Other Current Assets31.2K4.9M81K51K69K72.5K
Net Tangible Assets583.4M1.2B1.5B938.9M1.1B737.0M
Long Term Investments567.9M1.2B1.4B898.9M1.3B793.6M

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Other Information on Investing in Allianz Stock

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