SemiLEDS Total Current Liabilities vs Cash Analysis

LEDS Stock

USD 1.28 0.05 3.76%

SemiLEDS financial indicator trend analysis is much more than just breaking down SemiLEDS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SemiLEDS is a good investment. Please check the relationship between SemiLEDS Total Current Liabilities and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. 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.

For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SemiLEDS Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between SemiLEDS's Total Current Liabilities and Cash is 0.6. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of SemiLEDS, assuming nothing else is changed. The correlation between historical values of SemiLEDS's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of SemiLEDS are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., SemiLEDS's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on SemiLEDS balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SemiLEDS are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of SemiLEDS, which is listed under current asset account on SemiLEDS balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SemiLEDS customers. The amounts must be unrestricted with restricted cash listed in a different SemiLEDS account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from SemiLEDS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SemiLEDS 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. 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.

For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.Selling General Administrative is likely to gain to about 4.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	369K	287K	330.1K	346.6K
Depreciation And Amortization	938K	1.0M	902.7K	857.6K

Interest Expense Depreciation And Amortization

SemiLEDS fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Long Term Debt	Non Current Liabilities Total
Total Assets		0.1	0.44	0.52	1.0	0.98	-0.97	0.7	0.98	0.97	0.98	0.96	0.97	0.88	-0.49	0.95	0.5	-0.22	0.56	0.98	0.99	-0.22	0.83	0.76	0.64	0.53
Short Long Term Debt Total	0.1		0.15	0.72	0.02	-0.02	0.01	-0.34	0.08	0.19	0.0	0.06	0.19	-0.11	0.64	0.17	0.21	0.59	0.76	-0.02	0.17	0.76	0.13	0.15	0.1	0.23
Other Current Liab	0.44	0.15		0.62	0.41	0.38	-0.52	0.05	0.48	0.53	0.39	0.49	0.51	0.15	0.05	0.36	0.19	0.23	0.54	0.38	0.47	-0.08	0.4	0.39	0.25	0.04
Total Current Liabilities	0.52	0.72	0.62		0.46	0.4	-0.46	0.02	0.51	0.6	0.42	0.47	0.6	0.26	0.35	0.57	0.3	0.42	0.9	0.4	0.58	0.57	0.45	0.43	0.07	0.1
Total Stockholder Equity	1.0	0.02	0.41	0.46		0.99	-0.97	0.76	0.96	0.96	0.99	0.95	0.96	0.91	-0.55	0.94	0.48	-0.29	0.49	0.99	0.98	-0.27	0.82	0.75	0.63	0.5
Property Plant And Equipment Net	0.98	-0.02	0.38	0.4	0.99		-0.93	0.75	0.95	0.91	1.0	0.95	0.91	0.91	-0.58	0.94	0.54	-0.3	0.43	1.0	0.94	-0.32	0.87	0.74	0.64	0.47
Net Debt	-0.97	0.01	-0.52	-0.46	-0.97	-0.93		-0.72	-0.95	-0.98	-0.93	-0.94	-0.97	-0.84	0.53	-0.88	-0.38	0.27	-0.51	-0.93	-0.97	0.32	-0.71	-0.73	-0.64	-0.54
Retained Earnings	0.7	-0.34	0.05	0.02	0.76	0.75	-0.72		0.58	0.64	0.73	0.68	0.63	0.89	-0.79	0.67	0.15	-0.81	-0.07	0.75	0.67	-0.35	0.44	0.52	0.41	0.22
Accounts Payable	0.98	0.08	0.48	0.51	0.96	0.95	-0.95	0.58		0.95	0.96	0.93	0.95	0.8	-0.42	0.91	0.55	-0.07	0.6	0.95	0.97	-0.29	0.84	0.72	0.66	0.55
Cash	0.97	0.19	0.53	0.6	0.96	0.91	-0.98	0.64	0.95		0.91	0.93	1.0	0.8	-0.4	0.91	0.41	-0.15	0.66	0.91	0.99	-0.15	0.73	0.74	0.64	0.58
Non Current Assets Total	0.98	0.0	0.39	0.42	0.99	1.0	-0.93	0.73	0.96	0.91		0.96	0.91	0.89	-0.56	0.94	0.56	-0.27	0.45	1.0	0.94	-0.32	0.89	0.74	0.65	0.48
Non Currrent Assets Other	0.96	0.06	0.49	0.47	0.95	0.95	-0.94	0.68	0.93	0.93	0.96		0.91	0.81	-0.53	0.93	0.52	-0.22	0.54	0.95	0.93	-0.29	0.87	0.78	0.69	0.58
Cash And Short Term Investments	0.97	0.19	0.51	0.6	0.96	0.91	-0.97	0.63	0.95	1.0	0.91	0.91		0.82	-0.38	0.9	0.4	-0.14	0.65	0.91	0.99	-0.14	0.71	0.73	0.61	0.55
Net Receivables	0.88	-0.11	0.15	0.26	0.91	0.91	-0.84	0.89	0.8	0.8	0.89	0.81	0.82		-0.65	0.83	0.39	-0.54	0.21	0.91	0.85	-0.24	0.66	0.7	0.5	0.31
Common Stock Shares Outstanding	-0.49	0.64	0.05	0.35	-0.55	-0.58	0.53	-0.79	-0.42	-0.4	-0.56	-0.53	-0.38	-0.65		-0.47	-0.23	0.83	0.3	-0.58	-0.42	0.62	-0.37	-0.42	-0.44	-0.31
Inventory	0.95	0.17	0.36	0.57	0.94	0.94	-0.88	0.67	0.91	0.91	0.94	0.93	0.9	0.83	-0.47		0.5	-0.21	0.6	0.94	0.93	-0.07	0.86	0.68	0.54	0.5
Other Current Assets	0.5	0.21	0.19	0.3	0.48	0.54	-0.38	0.15	0.55	0.41	0.56	0.52	0.4	0.39	-0.23	0.5		0.11	0.39	0.54	0.45	-0.13	0.69	0.75	0.54	0.37
Other Stockholder Equity	-0.22	0.59	0.23	0.42	-0.29	-0.3	0.27	-0.81	-0.07	-0.15	-0.27	-0.22	-0.14	-0.54	0.83	-0.21	0.11		0.54	-0.3	-0.17	0.37	0.01	-0.18	-0.14	0.01
Total Liab	0.56	0.76	0.54	0.9	0.49	0.43	-0.51	-0.07	0.6	0.66	0.45	0.54	0.65	0.21	0.3	0.6	0.39	0.54		0.43	0.63	0.42	0.52	0.46	0.34	0.48
Property Plant And Equipment Gross	0.98	-0.02	0.38	0.4	0.99	1.0	-0.93	0.75	0.95	0.91	1.0	0.95	0.91	0.91	-0.58	0.94	0.54	-0.3	0.43		0.94	-0.32	0.87	0.74	0.64	0.47
Total Current Assets	0.99	0.17	0.47	0.58	0.98	0.94	-0.97	0.67	0.97	0.99	0.94	0.93	0.99	0.85	-0.42	0.93	0.45	-0.17	0.63	0.94		-0.15	0.76	0.74	0.62	0.55
Short Term Debt	-0.22	0.76	-0.08	0.57	-0.27	-0.32	0.32	-0.35	-0.29	-0.15	-0.32	-0.29	-0.14	-0.24	0.62	-0.07	-0.13	0.37	0.42	-0.32	-0.15		-0.23	-0.12	-0.48	-0.26
Intangible Assets	0.83	0.13	0.4	0.45	0.82	0.87	-0.71	0.44	0.84	0.73	0.89	0.87	0.71	0.66	-0.37	0.86	0.69	0.01	0.52	0.87	0.76	-0.23		0.67	0.6	0.41
Other Assets	0.76	0.15	0.39	0.43	0.75	0.74	-0.73	0.52	0.72	0.74	0.74	0.78	0.73	0.7	-0.42	0.68	0.75	-0.18	0.46	0.74	0.74	-0.12	0.67		0.61	0.42
Long Term Debt	0.64	0.1	0.25	0.07	0.63	0.64	-0.64	0.41	0.66	0.64	0.65	0.69	0.61	0.5	-0.44	0.54	0.54	-0.14	0.34	0.64	0.62	-0.48	0.6	0.61		0.81
Non Current Liabilities Total	0.53	0.23	0.04	0.1	0.5	0.47	-0.54	0.22	0.55	0.58	0.48	0.58	0.55	0.31	-0.31	0.5	0.37	0.01	0.48	0.47	0.55	-0.26	0.41	0.42	0.81

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SemiLEDS Account Relationship Matchups

SemiLEDS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	18.2M	16.1M	13.5M	12.1M	11.5M
Short Long Term Debt Total	7.9M	9.3M	8.5M	7.7M	8.9M	6.3M
Other Current Liab	3.6M	3.5M	3.8M	3.8M	3.4M	3.3M
Total Current Liabilities	9.0M	9.5M	9.3M	9.7M	11.2M	9.2M
Total Stockholder Equity	2.5M	4.6M	3.5M	1.2M	1.0M	984.1K
Property Plant And Equipment Net	5.8M	6.9M	5.7M	4.6M	4.1M	3.9M
Net Debt	5.0M	4.5M	4.2M	5.2M	5.9M	6.2M
Retained Earnings	(178.4M)	(181.2M)	(184.0M)	(186.6M)	(168.0M)	(176.4M)
Accounts Payable	536K	753K	286K	436K	392.4K	372.8K
Cash	2.8M	4.8M	4.3M	2.6M	2.3M	2.2M
Non Current Assets Total	7.1M	8.2M	6.9M	5.9M	5.3M	5.0M
Non Currrent Assets Other	164K	169K	186K	170K	167.4K	159.0K
Cash And Short Term Investments	2.8M	4.8M	4.3M	2.6M	2.3M	2.2M
Net Receivables	1.3M	865K	880K	793K	713.7K	678.0K
Common Stock Shares Outstanding	3.9M	4.2M	4.5M	4.9M	5.6M	3.2M
Liabilities And Stockholders Equity	14.6M	18.2M	16.1M	13.5M	12.1M	11.5M
Inventory	2.5M	3.9M	3.8M	4.0M	3.6M	5.3M
Other Current Assets	1.6M	658K	246K	207K	186.3K	177.0K
Other Stockholder Equity	177.2M	182.3M	183.7M	184.2M	211.9M	168.0M
Total Liab	12.0M	13.6M	12.6M	12.3M	14.1M	13.4M
Property Plant And Equipment Gross	5.8M	6.9M	5.7M	4.6M	4.1M	3.9M
Total Current Assets	7.5M	10.1M	9.1M	7.6M	6.8M	6.5M
Accumulated Other Comprehensive Income	3.6M	3.5M	3.7M	3.6M	4.1M	3.7M
Short Term Debt	4.8M	5.2M	5.2M	5.2M	6.0M	6.3M
Intangible Assets	89K	126K	102K	97K	87.3K	82.9K
Other Assets	164K	169K	1.3M	170K	153K	145.4K
Long Term Debt	2.9M	2.6M	1.9M	1.3M	1.2M	1.1M
Non Current Liabilities Total	3.0M	4.1M	3.3M	2.6M	2.3M	3.3M
Property Plant Equipment	5.9M	5.6M	6.9M	5.7M	5.1M	4.9M
Net Tangible Assets	1.6M	2.4M	4.5M	3.4M	3.0M	2.9M
Long Term Investments	952K	1.0M	922K	974K	876.6K	1.0M

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