Shift4 Accounts Payable vs Total Stockholder Equity Analysis

FOUR Stock

USD 109.28 7.38 7.24%

Shift4 Payments financial indicator trend analysis is much more than just breaking down Shift4 Payments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shift4 Payments is a good investment. Please check the relationship between Shift4 Payments Accounts Payable and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shift4 Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shift4 Payments Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shift4 Payments' Accounts Payable and Total Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Shift4 Payments, assuming nothing else is changed. The correlation between historical values of Shift4 Payments' Accounts Payable 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 Accounts Payable of Shift4 Payments 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 Accounts Payable i.e., Shift4 Payments' Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Shift4 Payments 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 Shift4 Payments 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.

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 Shift4 Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shift4 Payments 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shift4 Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.At this time, Shift4 Payments' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value is likely to grow to about 6 B, while Tax Provision is likely to drop (1.9 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	104.4M	149.1M	214.6M	125.8M
Interest Income	28M	6.6M	31.9M	27.4M

Depreciation And Amortization Interest Income

Shift4 Payments fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.97	0.66	0.77	0.89	0.75	-0.46	0.78	0.99	0.62	-0.94	0.97	0.79	0.9	0.81	-0.53	0.97	0.79	0.98	0.93	-0.53	0.82	0.98	0.97	0.95	-0.56
Short Long Term Debt Total	0.97		0.56	0.69	0.81	0.69	-0.46	0.88	0.98	0.57	-0.96	0.94	0.85	0.82	0.75	-0.54	1.0	0.85	0.98	0.84	-0.47	0.88	0.99	1.0	0.92	-0.49
Other Current Liab	0.66	0.56		0.98	0.81	0.86	-0.65	0.24	0.66	0.66	-0.63	0.69	0.26	0.76	0.9	-0.7	0.56	0.26	0.65	0.79	-0.95	0.45	0.57	0.57	0.51	-0.31
Total Current Liabilities	0.77	0.69	0.98		0.87	0.91	-0.7	0.41	0.77	0.71	-0.74	0.79	0.39	0.83	0.95	-0.75	0.69	0.39	0.76	0.85	-0.93	0.6	0.69	0.7	0.62	-0.35
Total Stockholder Equity	0.89	0.81	0.81	0.87		0.8	-0.4	0.61	0.83	0.43	-0.9	0.8	0.71	0.79	0.86	-0.44	0.81	0.71	0.81	0.83	-0.78	0.67	0.81	0.81	0.89	-0.7
Other Liab	0.75	0.69	0.86	0.91	0.8		-0.86	0.54	0.77	0.79	-0.74	0.83	0.34	0.88	0.99	-0.85	0.69	0.34	0.73	0.85	-0.8	0.78	0.69	0.71	0.62	-0.24
Net Tangible Assets	-0.46	-0.46	-0.65	-0.7	-0.4	-0.86		-0.39	-0.55	-0.88	0.44	-0.65	0.0	-0.7	-0.81	0.98	-0.46	0.0	-0.52	-0.63	0.59	-0.67	-0.46	-0.48	-0.24	-0.21
Property Plant And Equipment Net	0.78	0.88	0.24	0.41	0.61	0.54	-0.39		0.79	0.34	-0.84	0.75	0.85	0.57	0.57	-0.42	0.88	0.85	0.78	0.56	-0.24	0.9	0.84	0.88	0.79	-0.45
Current Deferred Revenue	0.99	0.98	0.66	0.77	0.83	0.77	-0.55	0.79		0.7	-0.92	0.99	0.74	0.92	0.82	-0.63	0.98	0.74	0.99	0.93	-0.53	0.85	0.99	0.98	0.89	-0.45
Net Debt	0.62	0.57	0.66	0.71	0.43	0.79	-0.88	0.34	0.7		-0.46	0.79	0.05	0.86	0.76	-0.91	0.56	0.05	0.68	0.82	-0.47	0.61	0.62	0.59	0.37	0.11
Retained Earnings	-0.94	-0.96	-0.63	-0.74	-0.9	-0.74	0.44	-0.84	-0.92	-0.46		-0.89	-0.87	-0.77	-0.8	0.49	-0.96	-0.87	-0.92	-0.8	0.59	-0.88	-0.93	-0.95	-0.93	0.51
Accounts Payable	0.97	0.94	0.69	0.79	0.8	0.83	-0.65	0.75	0.99	0.79	-0.89		0.65	0.96	0.86	-0.71	0.94	0.65	0.97	0.96	-0.53	0.87	0.96	0.95	0.85	-0.36
Cash	0.79	0.85	0.26	0.39	0.71	0.34	0.0	0.85	0.74	0.05	-0.87	0.65		0.45	0.43	-0.08	0.86	1.0	0.76	0.5	-0.27	0.68	0.81	0.84	0.88	-0.67
Non Current Assets Total	0.9	0.82	0.76	0.83	0.79	0.88	-0.7	0.57	0.92	0.86	-0.77	0.96	0.45		0.89	-0.73	0.82	0.45	0.88	0.99	-0.57	0.76	0.86	0.83	0.77	-0.34
Non Currrent Assets Other	0.81	0.75	0.9	0.95	0.86	0.99	-0.81	0.57	0.82	0.76	-0.8	0.86	0.43	0.89		-0.82	0.75	0.43	0.79	0.88	-0.84	0.78	0.75	0.76	0.68	-0.33
Other Assets	-0.53	-0.54	-0.7	-0.75	-0.44	-0.85	0.98	-0.42	-0.63	-0.91	0.49	-0.71	-0.08	-0.73	-0.82		-0.54	-0.08	-0.62	-0.68	0.63	-0.67	-0.54	-0.56	-0.28	-0.17
Long Term Debt	0.97	1.0	0.56	0.69	0.81	0.69	-0.46	0.88	0.98	0.56	-0.96	0.94	0.86	0.82	0.75	-0.54		0.86	0.98	0.84	-0.47	0.88	0.99	1.0	0.92	-0.5
Cash And Short Term Investments	0.79	0.85	0.26	0.39	0.71	0.34	0.0	0.85	0.74	0.05	-0.87	0.65	1.0	0.45	0.43	-0.08	0.86		0.76	0.5	-0.27	0.68	0.81	0.84	0.88	-0.67
Net Receivables	0.98	0.98	0.65	0.76	0.81	0.73	-0.52	0.78	0.99	0.68	-0.92	0.97	0.76	0.88	0.79	-0.62	0.98	0.76		0.91	-0.52	0.83	0.99	0.98	0.88	-0.41
Good Will	0.93	0.84	0.79	0.85	0.83	0.85	-0.63	0.56	0.93	0.82	-0.8	0.96	0.5	0.99	0.88	-0.68	0.84	0.5	0.91		-0.61	0.73	0.88	0.85	0.81	-0.39
Common Stock Total Equity	-0.53	-0.47	-0.95	-0.93	-0.78	-0.8	0.59	-0.24	-0.53	-0.47	0.59	-0.53	-0.27	-0.57	-0.84	0.63	-0.47	-0.27	-0.52	-0.61		-0.39	-0.44	-0.47	-0.42	0.32
Common Stock Shares Outstanding	0.82	0.88	0.45	0.6	0.67	0.78	-0.67	0.9	0.85	0.61	-0.88	0.87	0.68	0.76	0.78	-0.67	0.88	0.68	0.83	0.73	-0.39		0.85	0.89	0.77	-0.24
Long Term Debt Total	0.98	0.99	0.57	0.69	0.81	0.69	-0.46	0.84	0.99	0.62	-0.93	0.96	0.81	0.86	0.75	-0.54	0.99	0.81	0.99	0.88	-0.44	0.85		0.99	0.92	-0.49
Non Current Liabilities Total	0.97	1.0	0.57	0.7	0.81	0.71	-0.48	0.88	0.98	0.59	-0.95	0.95	0.84	0.83	0.76	-0.56	1.0	0.84	0.98	0.85	-0.47	0.89	0.99		0.91	-0.48
Capital Surpluse	0.95	0.92	0.51	0.62	0.89	0.62	-0.24	0.79	0.89	0.37	-0.93	0.85	0.88	0.77	0.68	-0.28	0.92	0.88	0.88	0.81	-0.42	0.77	0.92	0.91		-0.7
Inventory	-0.56	-0.49	-0.31	-0.35	-0.7	-0.24	-0.21	-0.45	-0.45	0.11	0.51	-0.36	-0.67	-0.34	-0.33	-0.17	-0.5	-0.67	-0.41	-0.39	0.32	-0.24	-0.49	-0.48	-0.7

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Shift4 Payments Account Relationship Matchups

Shift4 Payments fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	788M	1.8B	2.3B	2.6B	3.4B	2.1B
Short Long Term Debt Total	640.4M	1.0B	1.8B	1.8B	1.8B	1.4B
Other Current Liab	60.9M	28.7M	42.9M	70.3M	471.4M	495.0M
Total Current Liabilities	129.9M	99.4M	183.8M	268.3M	704.4M	739.6M
Total Stockholder Equity	(28.9M)	459.6M	272.8M	347.3M	653.3M	686.0M
Other Liab	8.9M	4.5M	2.7M	45.1M	51.9M	54.5M
Net Tangible Assets	(663.4M)	(203.7M)	(453.4M)	(998.4M)	(898.6M)	(943.5M)
Property Plant And Equipment Net	15.4M	51.7M	95.3M	122.5M	51.4M	66.5M
Current Deferred Revenue	5.6M	7.8M	15M	16.3M	20.6M	12.8M
Net Debt	636.7M	78.5M	529.7M	988.8M	1.3B	752.4M
Retained Earnings	(178.4M)	(278.7M)	(325.3M)	(363.6M)	(346.7M)	(364.0M)
Accounts Payable	58.1M	60.6M	121.1M	166.7M	204.6M	120.1M
Cash	3.7M	927.8M	1.2B	776.5M	455M	623.2M
Non Current Assets Total	681.6M	745.8M	889M	1.6B	2.2B	1.2B
Non Currrent Assets Other	25.1M	30.8M	37M	339.2M	460.8M	483.8M
Other Assets	31.7M	68M	37M	10.9M	9.8M	9.3M
Long Term Debt	635.1M	1.0B	1.7B	1.7B	1.8B	1.4B
Cash And Short Term Investments	3.7M	927.8M	1.2B	776.5M	455M	623.2M
Net Receivables	85.9M	94.2M	208.2M	195M	256.8M	164.3M
Good Will	421.3M	477M	537.7M	735M	1.1B	673.6M
Common Stock Shares Outstanding	45.9M	45.0M	54.9M	82.8M	59.0M	59.9M
Long Term Debt Total	635.1M	1.0B	1.7B	1.7B	2.0B	1.2B
Liabilities And Stockholders Equity	788M	1.8B	2.3B	2.6B	3.4B	2.1B
Non Current Liabilities Total	687M	1.0B	1.8B	1.8B	1.8B	1.4B
Capital Surpluse	149.2M	738.3M	619.2M	702.6M	808.0M	520.0M
Inventory	8.5M	1.5M	3.5M	4.8M	3.4M	3.6M
Other Current Assets	200K	10M	300K	13.5M	438.1M	460.0M
Other Stockholder Equity	149.2M	738.3M	598.1M	702.6M	985.9M	615.4M
Total Liab	816.9M	1.1B	1.9B	2.1B	2.5B	1.7B
Deferred Long Term Liab	26.4M	30.2M	35.1M	36.1M	41.5M	36.0M
Net Invested Capital	611.5M	1.5B	2.0B	2.1B	2.4B	1.7B
Property Plant And Equipment Gross	15.4M	51.7M	128.1M	173.5M	262.2M	275.3M
Total Current Assets	106.4M	1.0B	1.5B	991.7M	1.2B	881.6M
Non Current Liabilities Other	4.8M	1.7M	2.4M	26.5M	17.3M	10.3M
Net Working Capital	(23.5M)	934.1M	1.3B	723.4M	448.9M	609.6M
Intangible Assets	213.2M	186.3M	188.5M	306.8M	548.8M	307.0M

Pair Trading with Shift4 Payments

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 Shift4 Payments 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 Shift4 Payments will appreciate offsetting losses from the drop in the long position's value.

Moving together with Shift4 Stock

0.86	SQ	Block Inc Tech Boost	Pair Corr
0.7	CLH	Clean Harbors	Pair Corr

Moving against Shift4 Stock

0.79	MEG	Montrose Environmental	Pair Corr
0.76	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.69	CP	Canadian Pacific Railway	Pair Corr
0.66	HDSN	Hudson Technologies	Pair Corr
0.63	CMPR	Cimpress NV	Pair Corr

The ability to find closely correlated positions to Shift4 Payments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shift4 Payments 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 Shift4 Payments - 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 Shift4 Payments to buy it.

The correlation of Shift4 Payments 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 Shift4 Payments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shift4 Payments 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 Shift4 Payments 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

Additional Tools for Shift4 Stock Analysis

When running Shift4 Payments' price analysis, check to measure Shift4 Payments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shift4 Payments is operating at the current time. Most of Shift4 Payments' value examination focuses on studying past and present price action to predict the probability of Shift4 Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shift4 Payments' price. Additionally, you may evaluate how the addition of Shift4 Payments to your portfolios can decrease your overall portfolio volatility.

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