BAG Accounts Payable vs Cash And Short Term Investments Analysis

BAGFILMS   8.21  0.32  3.75%   
BAG Films financial indicator trend analysis is way more than just evaluating BAG Films prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAG Films is a good investment. Please check the relationship between BAG Films Accounts Payable and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BAG Films 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 gross domestic product.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BAG Films Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
Accounts PayableCash And Short Term InvestmentsDiversified AwayAccounts PayableCash And Short Term InvestmentsDiversified Away100%
The correlation between BAG Films' Accounts Payable and Cash And Short Term Investments is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of BAG Films and, assuming nothing else is changed. The correlation between historical values of BAG Films' Accounts Payable and Cash 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 BAG Films and are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., BAG Films' Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents BAG Films 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 BAG Films 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of BAG Films balance sheet. This account contains BAG Films investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BAG Films and fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from BAG Films' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAG Films 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 BAG Films 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 gross domestic product.
As of the 28th of January 2025, Tax Provision is likely to grow to about 19.9 M, while Selling General Administrative is likely to drop about 75.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.2B1.2B1.4B1.0B
Total Revenue1.1B1.3B1.5B1.2B

BAG Films fundamental ratios Correlations

0.790.080.870.61-0.360.78-0.250.740.090.030.870.040.770.180.560.910.80.98-0.5-0.26-0.680.360.580.75-0.51
0.79-0.190.630.040.10.97-0.160.90.34-0.060.810.460.510.220.640.950.340.73-0.340.11-0.59-0.020.370.6-0.53
0.08-0.190.130.24-0.19-0.04-0.55-0.310.080.57-0.02-0.170.23-0.26-0.150.010.390.15-0.1-0.69-0.070.220.03-0.040.06
0.870.630.130.54-0.610.63-0.190.610.280.140.67-0.350.540.030.570.740.720.85-0.27-0.23-0.820.350.680.93-0.61
0.610.040.240.54-0.630.04-0.120.09-0.30.070.37-0.440.550.070.080.260.810.62-0.39-0.44-0.280.550.440.42-0.04
-0.360.1-0.19-0.61-0.630.110.050.010.06-0.23-0.060.86-0.180.42-0.07-0.02-0.54-0.40.250.490.55-0.51-0.62-0.670.28
0.780.97-0.040.630.040.11-0.370.860.42-0.080.840.460.580.180.670.940.370.73-0.350.0-0.56-0.060.360.57-0.49
-0.25-0.16-0.55-0.19-0.120.05-0.37-0.13-0.340.19-0.37-0.06-0.440.11-0.34-0.27-0.25-0.30.230.620.050.08-0.12-0.120.02
0.740.9-0.310.610.090.010.86-0.130.32-0.180.670.320.370.290.640.840.180.65-0.360.19-0.6-0.060.30.64-0.62
0.090.340.080.28-0.30.060.42-0.340.320.090.130.0-0.09-0.080.420.24-0.160.00.040.08-0.23-0.160.080.38-0.08
0.03-0.060.570.140.07-0.23-0.080.19-0.180.09-0.23-0.19-0.05-0.35-0.18-0.030.20.02-0.07-0.26-0.240.34-0.020.10.01
0.870.81-0.020.670.37-0.060.84-0.370.670.13-0.230.30.820.320.620.90.670.89-0.35-0.2-0.420.140.420.53-0.4
0.040.46-0.17-0.35-0.440.860.46-0.060.320.0-0.190.30.170.330.090.37-0.230.01-0.090.30.25-0.31-0.34-0.420.11
0.770.510.230.540.55-0.180.58-0.440.37-0.09-0.050.820.170.190.380.680.80.81-0.49-0.56-0.230.490.270.31-0.05
0.180.22-0.260.030.070.420.180.110.29-0.08-0.350.320.330.190.280.270.010.140.260.30.24-0.24-0.49-0.06-0.13
0.560.64-0.150.570.08-0.070.67-0.340.640.42-0.180.620.090.380.280.620.240.510.150.04-0.350.010.250.57-0.27
0.910.950.010.740.26-0.020.94-0.270.840.24-0.030.90.370.680.270.620.570.88-0.36-0.08-0.60.150.430.62-0.52
0.80.340.390.720.81-0.540.37-0.250.18-0.160.20.67-0.230.80.010.240.570.84-0.4-0.56-0.450.570.580.52-0.18
0.980.730.150.850.62-0.40.73-0.30.650.00.020.890.010.810.140.510.880.84-0.45-0.35-0.630.370.590.71-0.49
-0.5-0.34-0.1-0.27-0.390.25-0.350.23-0.360.04-0.07-0.35-0.09-0.490.260.15-0.36-0.4-0.450.460.37-0.25-0.36-0.240.2
-0.260.11-0.69-0.23-0.440.490.00.620.190.08-0.26-0.20.3-0.560.30.04-0.08-0.56-0.350.460.1-0.47-0.16-0.13-0.08
-0.68-0.59-0.07-0.82-0.280.55-0.560.05-0.6-0.23-0.24-0.420.25-0.230.24-0.35-0.6-0.45-0.630.370.1-0.18-0.74-0.830.75
0.36-0.020.220.350.55-0.51-0.060.08-0.06-0.160.340.14-0.310.49-0.240.010.150.570.37-0.25-0.47-0.180.280.220.3
0.580.370.030.680.44-0.620.36-0.120.30.08-0.020.42-0.340.27-0.490.250.430.580.59-0.36-0.16-0.740.280.68-0.42
0.750.6-0.040.930.42-0.670.57-0.120.640.380.10.53-0.420.31-0.060.570.620.520.71-0.24-0.13-0.830.220.68-0.63
-0.51-0.530.06-0.61-0.040.28-0.490.02-0.62-0.080.01-0.40.11-0.05-0.13-0.27-0.52-0.18-0.490.2-0.080.750.3-0.42-0.63
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BAG Films Account Relationship Matchups

BAG Films fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.7B3.8B3.8B3.8B4.4B3.6B
Short Long Term Debt Total1.4B1.3B1.3B1.1B1.2B1.1B
Other Current Liab247.4M261.5M1.2B365.2M420.0M362.2M
Total Current Liabilities1.4B1.4B1.5B1.3B1.5B1.0B
Total Stockholder Equity1.3B1.4B1.4B1.5B1.7B1.5B
Property Plant And Equipment Net328.6M284.9M252.7M250.0M225.0M213.8M
Net Debt1.2B1.1B1.2B977.2M1.1B863.3M
Cash150.6M227.0M63.4M101.1M91.0M86.4M
Non Current Assets Total2.0B1.6B1.6B1.6B1.8B1.8B
Non Currrent Assets Other(1.0)(315.0)698.9M872.7M(1.15)(1.09)
Cash And Short Term Investments150.6M227.0M936.1M101.1M91.0M86.4M
Liabilities And Stockholders Equity3.7B3.8B3.8B3.8B4.4B3.6B
Non Current Liabilities Total508.5M444.6M433.4M403.8M363.4M495.0M
Inventory349.9M336.6M417.0M498.7M573.5M337.7M
Other Current Assets128.1M185.5M199.2M911.6M820.4M615.2M
Other Stockholder Equity3.7B3.7B3.7B3.8B4.3B3.6B
Total Liab1.9B1.9B1.9B1.7B2.0B1.7B
Total Current Assets1.8B2.2B2.3B2.2B2.6B1.8B
Accumulated Other Comprehensive Income515.7M595.7M499.7M498.5M573.2M601.9M
Intangible Assets65.6M58.4M51.1M43.8M39.4M56.4M
Current Deferred Revenue22.6M23.5M(846.3M)(702.0M)(631.8M)(600.2M)
Retained Earnings(3.3B)(3.3B)(3.2B)(3.1B)(2.8B)(3.0B)
Accounts Payable191.1M205.5M244.3M226.6M260.5M199.5M
Net Receivables1.1B1.4B710.1M711.9M818.7M773.0M
Short Term Debt899.1M916.2M846.3M702.0M807.3M797.0M
Other Liab23.2M22.4M24.2M26.4M30.4M23.9M
Net Tangible Assets1.5B1.4B1.3B1.4B1.6B1.3B
Other Assets30.4M28.4M26.1M1.01.151.09
Long Term Debt486.5M420.7M407.2M360.0M324.0M460.8M
Short Long Term Debt899.1M916.2M846.3M702.0M807.3M919.3M
Property Plant Equipment388.6M328.6M284.9M252.7M227.4M216.1M
Long Term Debt Total485.8M486.5M420.7M407.2M366.5M411.7M
Capital Lease Obligations31.1M10.7M36.9M16.3M14.7M25.5M
Cash And Equivalents463.9M150.6M227.0M63.4M72.9M69.2M
Net Invested Capital1.3B1.4B1.4B1.5B1.4B1.6B

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Other Information on Investing in BAG Stock

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

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