Li Auto Other Current Assets vs Accounts Payable Analysis

LI Stock  USD 22.13  0.47  2.08%   
Li Auto financial indicator trend analysis is infinitely more than just investigating Li Auto recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Li Auto is a good investment. Please check the relationship between Li Auto Other Current Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Auto. 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.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Li Auto Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Li Auto's Other Current Assets and Accounts Payable is 0.74. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Li Auto, assuming nothing else is changed. The correlation between historical values of Li Auto's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Li Auto are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Li Auto's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Li Auto 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 Li Auto 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.
Most indicators from Li Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Li Auto 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 Li Auto. 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.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.As of now, Li Auto's Discontinued Operations is increasing as compared to previous years. The Li Auto's current Selling General Administrative is estimated to increase to about 10.3 B, while Tax Provision is forecasted to increase to (1.3 B).
 2021 2022 2023 2024 (projected)
Interest Expense63.2M106.3M86.3M86.1M
Depreciation And Amortization590.4M1.2B1.8B1.9B

Li Auto fundamental ratios Correlations

0.870.970.970.880.940.99-0.31-0.980.330.960.990.990.990.950.451.0-0.80.750.270.70.520.990.960.880.85
0.870.930.780.930.890.88-0.3-0.820.030.760.830.870.860.920.730.86-0.780.810.390.720.730.830.910.970.91
0.970.930.920.870.920.99-0.32-0.930.210.910.950.980.960.970.60.96-0.790.740.360.680.630.950.990.890.85
0.970.780.920.760.830.97-0.13-0.990.541.00.990.980.980.910.260.96-0.650.60.370.510.460.990.920.750.7
0.880.930.870.760.960.84-0.51-0.82-0.050.750.820.820.840.850.640.89-0.930.950.070.890.50.840.850.990.99
0.940.890.920.830.960.89-0.48-0.870.050.820.880.880.90.910.620.95-0.90.870.060.90.540.910.90.950.96
0.990.880.990.970.840.89-0.25-0.970.360.960.981.00.980.960.460.98-0.750.690.350.620.560.980.980.850.8
-0.31-0.3-0.32-0.13-0.51-0.48-0.250.180.59-0.12-0.21-0.22-0.23-0.23-0.47-0.320.78-0.710.38-0.710.2-0.25-0.3-0.43-0.57
-0.98-0.82-0.93-0.99-0.82-0.87-0.970.18-0.49-0.99-1.0-0.98-0.99-0.92-0.31-0.980.71-0.66-0.33-0.58-0.47-0.99-0.92-0.81-0.76
0.330.030.210.54-0.050.050.360.59-0.490.570.460.390.410.26-0.550.330.22-0.250.4-0.350.030.420.21-0.05-0.15
0.960.760.911.00.750.820.96-0.12-0.990.570.990.970.970.890.220.96-0.640.580.350.490.420.980.90.740.69
0.990.830.950.990.820.880.98-0.21-1.00.460.990.991.00.940.340.99-0.720.670.340.60.491.00.930.820.77
0.990.870.980.980.820.881.0-0.22-0.980.390.970.990.990.950.430.98-0.730.670.370.60.560.990.980.830.78
0.990.860.960.980.840.90.98-0.23-0.990.410.971.00.990.970.420.99-0.740.690.370.630.540.990.940.850.8
0.950.920.970.910.850.910.96-0.23-0.920.260.890.940.950.970.620.95-0.720.670.460.660.710.930.940.890.82
0.450.730.60.260.640.620.46-0.47-0.31-0.550.220.340.430.420.620.44-0.60.60.250.680.730.350.570.710.69
1.00.860.960.960.890.950.98-0.32-0.980.330.960.990.980.990.950.44-0.810.760.230.720.490.990.940.880.86
-0.8-0.78-0.79-0.65-0.93-0.9-0.750.780.710.22-0.64-0.72-0.73-0.74-0.72-0.6-0.81-0.970.13-0.93-0.25-0.76-0.78-0.88-0.94
0.750.810.740.60.950.870.69-0.71-0.66-0.250.580.670.670.690.670.60.76-0.97-0.120.910.270.70.720.90.95
0.270.390.360.370.070.060.350.38-0.330.40.350.340.370.370.460.250.230.13-0.12-0.280.560.260.320.180.0
0.70.720.680.510.890.90.62-0.71-0.58-0.350.490.60.60.630.660.680.72-0.930.91-0.280.350.640.670.860.94
0.520.730.630.460.50.540.560.2-0.470.030.420.490.560.540.710.730.49-0.250.270.560.350.470.620.630.51
0.990.830.950.990.840.910.98-0.25-0.990.420.981.00.990.990.930.350.99-0.760.70.260.640.470.940.830.8
0.960.910.990.920.850.90.98-0.3-0.920.210.90.930.980.940.940.570.94-0.780.720.320.670.620.940.870.83
0.880.970.890.750.990.950.85-0.43-0.81-0.050.740.820.830.850.890.710.88-0.880.90.180.860.630.830.870.98
0.850.910.850.70.990.960.8-0.57-0.76-0.150.690.770.780.80.820.690.86-0.940.950.00.940.510.80.830.98
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Li Auto Account Relationship Matchups

Li Auto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5B36.4B61.8B86.5B143.5B150.6B
Short Long Term Debt Total1.7B2.1B7.8B12.3B13.5B7.1B
Other Current Liab849.1M1.1B4.2B10.4B11.1B11.6B
Total Current Liabilities3.0B4.3B12.1B27.4B72.7B76.4B
Total Stockholder Equity6.2B29.8B41.1B44.9B60.1B32.9B
Net Tangible Assets(6.3B)29.1B40.3B44.0B50.6B53.2B
Property Plant And Equipment Net3.1B3.8B6.6B14.7B20.4B21.5B
Current Deferred Revenue87.4M271.5M315.4M569.2M1.6B812.4M
Net Debt414.7M(6.8B)(20.0B)(26.2B)(77.8B)(73.9B)
Retained Earnings(5.3B)(6.5B)(6.8B)(8.8B)2.4B2.6B
Accounts Payable624.7M3.0B7.1B15.4B51.9B54.5B
Cash1.3B8.9B27.9B38.5B91.3B95.9B
Non Current Assets Total4.4B5.0B9.5B19.5B28.9B30.4B
Non Currrent Assets Other33.8M321.2M2.0B2.4B4.8B5.0B
Other Assets342.2M380.3M2.0B2.5B2.9B3.0B
Cash And Short Term Investments3.6B28.6B47.5B56.5B103.3B108.4B
Net Receivables511.5M115.5M120.5M48.4M143.5M136.3M
Short Term Investments2.3B19.7B19.7B18.0B11.9B13.3B
Liabilities And Stockholders Equity9.5B36.4B61.8B86.5B143.5B150.6B
Non Current Liabilities Total252.6M2.3B8.7B14.0B10.1B7.7B
Capital Lease Obligations779.4M1.6B1.8B2.6B4.8B5.1B
Inventory518.1M1.0B1.6B6.8B6.9B7.2B
Other Current Assets49.8M1.6B3.1B3.6B4.2B2.3B
Other Stockholder Equity1.3B37.3B49.4B53.9B57.5B35.6B
Total Liab3.3B6.6B20.8B41.4B82.9B87.0B
Net Invested Capital7.2B30.3B6.0B54.5B68.9B72.3B
Long Term Investments126.2M162.9M156.3M1.5B1.6B1.7B
Total Current Assets5.1B31.4B52.4B67.0B114.5B120.3B
Accumulated Other Comprehensive Income15.5M(1.0B)(1.5B)(194.1M)219.7M230.7M
Capital Stock800K1.2M1.4M1.4M1.5M1.2M
Net Working Capital2.0B27.1B40.3B39.6B41.8B27.7B
Short Term Debt1.5B210.5M510.3M1.1B8.1B8.5B
Intangible Assets857.3M864.8M1.0B832.6M864.2M973.6M
Common Stock800K1.2M1.4M1.4M1.5M1.2M
Property Plant Equipment3.3B3.8B6.6B14.7B16.9B17.8B

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Auto. 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.
For more detail on how to invest in Li Auto Stock please use our How to Invest in Li Auto guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Automobile Manufacturers 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 Li Auto. If investors know Li Auto 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 Li Auto 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
(0.01)
Earnings Share
1.33
Revenue Per Share
142.771
Quarterly Revenue Growth
0.236
Return On Assets
0.0289
The market value of Li Auto is measured differently than its book value, which is the value of Li Auto that is recorded on the company's balance sheet. Investors also form their own opinion of Li Auto's value that differs from its market value or its book value, called intrinsic value, which is Li Auto'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 Li Auto's market value can be influenced by many factors that don't directly affect Li Auto'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 Li Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Li Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li Auto'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.