Alibaba Inventory vs Non Current Assets Total Analysis

BABA Stock  USD 83.13  2.45  2.86%   
Alibaba Group financial indicator trend analysis is way more than just evaluating Alibaba Group Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alibaba Group Holding is a good investment. Please check the relationship between Alibaba Group Inventory and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alibaba Group Holding. 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 labor statistics.

Inventory vs Non Current Assets Total

Inventory vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alibaba Group Holding Inventory account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alibaba Group's Inventory and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Alibaba Group Holding, assuming nothing else is changed. The correlation between historical values of Alibaba Group's Inventory and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Alibaba Group Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., Alibaba Group's Inventory and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Alibaba Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alibaba Group Holding 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 Alibaba Group Holding. 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 labor statistics.
At present, Alibaba Group's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.10, whereas Tax Provision is forecasted to decline to about 19.6 B.
 2021 2022 2023 2024 (projected)
Interest Expense20.6B17.0B17.9B18.8B
Depreciation And Amortization45.7B38.2B44.5B46.7B

Alibaba Group fundamental ratios Correlations

0.90.991.00.940.99-0.471.00.90.781.00.830.990.670.710.870.990.870.941.00.990.930.760.380.480.91
0.90.940.90.910.92-0.160.920.630.50.870.780.920.30.480.960.860.90.920.910.930.770.50.290.340.92
0.990.940.990.970.99-0.390.990.860.710.980.810.990.60.640.910.970.90.951.00.990.890.710.370.460.94
1.00.90.990.940.99-0.481.00.890.780.990.830.990.660.710.870.990.870.950.990.990.930.750.370.470.91
0.940.910.970.940.92-0.260.950.830.60.920.650.960.50.480.930.920.840.930.950.970.780.560.350.410.96
0.990.920.990.990.92-0.430.990.850.750.990.880.970.630.720.880.980.890.940.990.980.940.760.380.490.91
-0.47-0.16-0.39-0.48-0.26-0.43-0.43-0.61-0.85-0.51-0.46-0.42-0.7-0.71-0.04-0.51-0.29-0.4-0.43-0.4-0.6-0.7-0.23-0.31-0.12
1.00.920.991.00.950.99-0.430.870.730.990.830.990.620.670.90.970.890.960.990.990.910.720.340.420.93
0.90.630.860.890.830.85-0.610.870.840.910.660.860.870.70.630.910.690.790.880.850.850.820.360.470.76
0.780.50.710.780.60.75-0.850.730.840.810.690.730.850.880.40.820.580.650.750.720.890.860.450.590.49
1.00.870.980.990.920.99-0.510.990.910.810.840.970.720.760.830.990.860.910.990.970.940.820.370.480.88
0.830.780.810.830.650.88-0.460.830.660.690.840.780.590.780.70.830.810.790.820.790.90.790.240.340.69
0.990.920.990.990.960.97-0.420.990.860.730.970.780.580.630.910.970.870.960.991.00.890.660.390.480.94
0.670.30.60.660.50.63-0.70.620.870.850.720.590.580.750.270.710.470.50.640.570.760.860.350.490.44
0.710.480.640.710.480.72-0.710.670.70.880.760.780.630.750.360.760.490.550.690.630.880.880.310.540.43
0.870.960.910.870.930.88-0.040.90.630.40.830.70.910.270.360.830.850.920.880.920.710.380.280.320.97
0.990.860.970.990.920.98-0.510.970.910.820.990.830.970.710.760.830.850.910.990.970.940.790.420.560.88
0.870.90.90.870.840.89-0.290.890.690.580.860.810.870.470.490.850.850.860.890.880.780.630.280.310.84
0.940.920.950.950.930.94-0.40.960.790.650.910.790.960.50.550.920.910.860.940.970.840.570.310.380.93
1.00.911.00.990.950.99-0.430.990.880.750.990.820.990.640.690.880.990.890.940.990.920.740.390.50.92
0.990.930.990.990.970.98-0.40.990.850.720.970.791.00.570.630.920.970.880.970.990.890.660.390.470.94
0.930.770.890.930.780.94-0.60.910.850.890.940.90.890.760.880.710.940.780.840.920.890.850.430.560.76
0.760.50.710.750.560.76-0.70.720.820.860.820.790.660.860.880.380.790.630.570.740.660.850.290.430.48
0.380.290.370.370.350.38-0.230.340.360.450.370.240.390.350.310.280.420.280.310.390.390.430.290.710.31
0.480.340.460.470.410.49-0.310.420.470.590.480.340.480.490.540.320.560.310.380.50.470.560.430.710.37
0.910.920.940.910.960.91-0.120.930.760.490.880.690.940.440.430.970.880.840.930.920.940.760.480.310.37
Click cells to compare fundamentals

Alibaba Group Account Relationship Matchups

Alibaba Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.7T1.7T1.8T1.8T1.9T
Other Current Liab23.2B240.2B241.0B251.5B250.0B262.5B
Total Current Liabilities241.9B377.4B383.8B385.4B421.5B442.6B
Total Stockholder Equity755.4B937.5B948.5B989.7B986.5B1.0T
Property Plant And Equipment Net103.4B147.4B171.8B176.0B262.1B275.2B
Current Deferred Revenue52.0B77.5B81.7B84.6B72.8B76.5B
Net Debt(205.1B)(172.1B)(48.6B)(31.7B)(42.5B)(44.6B)
Retained Earnings406.3B554.9B563.6B599.0B597.9B627.8B
Accounts Payable161.5B94.4B107.2B103.4B127.6B133.9B
Cash330.5B321.3B189.9B193.1B248.1B129.8B
Non Current Assets Total850.1B1.0T1.1T1.1T1.0T1.1T
Non Currrent Assets Other50.4B87.4B98.7B95.4B39.2B26.3B
Cash And Short Term Investments363.2B483.4B455.1B524.5B571.0B599.6B
Net Receivables84.2B37.5B45.0B41.2B38.9B25.1B
Common Stock Shares Outstanding2.7B2.7B2.7B2.6B2.5B2.5B
Short Term Investments32.7B162.2B265.2B331.4B322.9B339.0B
Liabilities And Stockholders Equity1.3T1.7T1.7T1.8T1.8T1.9T
Non Current Liabilities Total191.5B229.2B229.6B244.8B230.7B242.3B
Inventory14.9B27.9B30.1B28.5B25.5B26.7B
Other Current Assets84.2B94.6B108.4B103.8B117.4B123.3B
Total Liab433.3B606.6B613.4B630.1B652.2B684.8B
Total Current Assets462.9B643.4B638.5B698.0B752.9B790.5B
Accumulated Other Comprehensive Income5.5B(11.7B)(23.3B)2.6B18.3B19.2B
Other Stockholder Equity343.7B394.3B408.2B388.1B370.3B220.1B
Intangible Assets60.9B70.8B59.2B46.9B27.0B28.6B
Property Plant And Equipment Gross138.0B147.4B347.2B372.0B403.9B424.1B
Good Will276.8B292.8B269.6B268.1B259.7B152.4B
Short Long Term Debt Total125.4B149.2B141.3B161.4B205.6B103.3B
Short Term Debt5.2B17.5B13.8B17.9B34.9B36.6B
Other Liab61.2B71.4B74.9B65.3B75.1B78.9B
Other Assets23.3B98.4B113.1B110.9B(6.5B)(6.2B)
Property Plant Equipment138.0B147.4B171.8B176.0B202.4B212.6B
Long Term Debt120.3B135.7B132.5B149.1B141.8B96.4B
Long Term Investments351.0B437.4B443.3B453.1B424.1B248.5B
Short Long Term Debt5.2B13.4B8.8B12.3B29.0B30.5B
Net Tangible Assets152.6B417.7B573.9B619.7B712.6B748.2B
Long Term Debt Total120.3B135.7B132.5B149.1B171.5B110.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Alibaba Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alibaba Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alibaba Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alibaba Group Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alibaba Group Holding. 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 labor statistics.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alibaba Group. If investors know Alibaba will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alibaba Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
4.86
Revenue Per Share
382.182
Quarterly Revenue Growth
0.039
Return On Assets
0.0468
The market value of Alibaba Group Holding is measured differently than its book value, which is the value of Alibaba that is recorded on the company's balance sheet. Investors also form their own opinion of Alibaba Group's value that differs from its market value or its book value, called intrinsic value, which is Alibaba Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alibaba Group's market value can be influenced by many factors that don't directly affect Alibaba Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alibaba Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alibaba Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alibaba Group'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.