Indonesia Accounts Payable vs Other Current Assets Analysis
INDO Stock | USD 3.30 0.07 2.17% |
Indonesia Energy financial indicator trend analysis is infinitely more than just investigating Indonesia Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indonesia Energy is a good investment. Please check the relationship between Indonesia Energy Accounts Payable and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indonesia Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.
Accounts Payable vs Other Current Assets
Accounts Payable vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indonesia Energy Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Indonesia Energy's Accounts Payable and Other Current Assets is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Indonesia Energy, assuming nothing else is changed. The correlation between historical values of Indonesia Energy's Accounts Payable and Other Current Assets 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 Indonesia Energy are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Indonesia Energy's Accounts Payable and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Indonesia Energy 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 Indonesia Energy 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Indonesia Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indonesia Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indonesia Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.As of the 23rd of November 2024, Selling General Administrative is likely to grow to about 3.6 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.3M | 4.6M | 3.4M | 4.2M | Cost Of Revenue | 3.3M | 4.1M | 3.7M | 3.9M |
Indonesia Energy fundamental ratios Correlations
Click cells to compare fundamentals
Indonesia Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indonesia Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.2M | 15.6M | 12.1M | 20.6M | 17.7M | 15.6M | |
Other Current Liab | 34.3K | 448.5K | 164.4K | 94.0K | 170.0K | 210.9K | |
Total Current Liabilities | 2.7M | 1.8M | 2.8M | 1.2M | 1.6M | 1.8M | |
Total Stockholder Equity | 16.2M | 12.4M | 7.8M | 17.3M | 14.7M | 15.4M | |
Other Liab | 22.2M | 131.3K | 222.3K | 390.0K | 351.0K | 333.4K | |
Net Tangible Assets | (19.2M) | 5.1M | 16.2M | 12.4M | 14.2M | 14.9M | |
Retained Earnings | (20.8M) | (27.7M) | (33.8M) | (36.9M) | (39.6M) | (41.6M) | |
Accounts Payable | 917.2K | 297.1K | 1.6M | 719.1K | 753.8K | 752.9K | |
Cash | 12.2M | 6.9M | 595.0K | 5.9M | 2.0M | 4.0M | |
Other Assets | 509.1K | 3.1M | 3.5M | 1.8M | 2.0M | 2.1M | |
Net Receivables | 350.7K | 1.1M | 1.0M | 655.0K | 890.0K | 793.3K | |
Inventory | 248.4K | 296.6K | 136.6K | 121.7K | 148.4K | 216.1K | |
Other Current Assets | 2.2M | 2.9M | 1.8M | 1.2M | 3.0M | 2.4M | |
Other Stockholder Equity | 36.9M | 40.1M | 41.6M | 54.1M | 62.3M | 34.5M | |
Total Liab | 5.0M | 3.2M | 4.3M | 3.3M | 3.0M | 2.9M | |
Deferred Long Term Liab | 56.3K | 1.2M | 1.2M | 1.2M | 1.3M | 849.5K | |
Total Current Assets | 15.1M | 11.2M | 3.5M | 7.9M | 6.1M | 7.8M | |
Common Stock | 19.6K | 19.8K | 19.9K | 27.0K | 31.1K | 22.2K | |
Property Plant Equipment | 3.6M | 2.8M | 2.6M | 2.6M | 2.3M | 2.3M | |
Short Long Term Debt Total | 3.1M | 3.1M | 2.0M | 351.4K | 1.1M | 1.0M | |
Property Plant And Equipment Net | 2.6M | 2.6M | 5.6M | 9.8M | 9.5M | 5.7M | |
Current Deferred Revenue | 681.8K | 531.1K | 228.5K | 212.8K | 191.5K | 330.9K | |
Net Debt | (9.1M) | (4.9M) | 1.4M | (5.5M) | (912.5K) | (866.9K) | |
Non Current Assets Total | 6.1M | 4.3M | 8.6M | 12.7M | 11.6M | 8.4M | |
Non Currrent Assets Other | 1.8M | 1.8M | 1.5M | 1.4M | 1.2M | 1.3M | |
Cash And Short Term Investments | 12.2M | 6.9M | 595.0K | 5.9M | 2.0M | 1.9M | |
Common Stock Shares Outstanding | 6.0M | 7.4M | 7.4M | 8.9M | 10.1M | 8.6M | |
Liabilities And Stockholders Equity | 21.2M | 15.6M | 12.1M | 20.6M | 17.7M | 16.6M | |
Non Current Liabilities Total | 2.2M | 1.4M | 1.4M | 2.0M | 1.4M | 1.3M | |
Net Invested Capital | 19.3M | 14.3M | 9.8M | 17.3M | 14.7M | 14.2M | |
Property Plant And Equipment Gross | 2.6M | 2.6M | 27.5M | 32.8M | 32.2M | 16.3M | |
Accumulated Other Comprehensive Income | 46.8K | 0.0 | 30.7K | 89.9K | 98.5K | 53.1K | |
Net Working Capital | 12.3M | 9.4M | 699.0K | 6.7M | 4.5M | 5.6M | |
Short Term Debt | 1.1M | 1.1M | 980.5K | 255.8K | 629.3K | 789.6K | |
Capital Stock | 19.6K | 19.8K | 19.9K | 27.0K | 31.1K | 23.7K |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indonesia Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil, Gas & Consumable Fuels 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 Indonesia Energy. If investors know Indonesia 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 Indonesia Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.308 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) | Return On Equity (0.22) |
The market value of Indonesia Energy is measured differently than its book value, which is the value of Indonesia that is recorded on the company's balance sheet. Investors also form their own opinion of Indonesia Energy's value that differs from its market value or its book value, called intrinsic value, which is Indonesia Energy'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 Indonesia Energy's market value can be influenced by many factors that don't directly affect Indonesia Energy'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 Indonesia Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indonesia Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indonesia Energy'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.