Contextlogic Net Tangible Assets vs Accounts Payable Analysis
| LOGC Stock | USD 7.10 0.14 2.01% |
Contextlogic financial indicator trend analysis is way more than just evaluating Contextlogic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contextlogic is a good investment. Please check the relationship between Contextlogic Net Tangible Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Contextlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contextlogic Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Contextlogic's Net Tangible Assets and Accounts Payable is 0.04. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Contextlogic, assuming nothing else is changed. The correlation between historical values of Contextlogic's Net Tangible 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 Net Tangible Assets of Contextlogic 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 Net Tangible Assets i.e., Contextlogic's Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.04 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents Contextlogic 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 Contextlogic 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 Contextlogic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contextlogic 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 Contextlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.At present, Contextlogic's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.34, whereas Tax Provision is forecasted to decline to about 2.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 166M | 59M | 56.1M | Total Revenue | 2.1B | 571M | 287M | 272.7M |
Contextlogic fundamental ratios Correlations
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Contextlogic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Contextlogic fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 19.6M | 4.2M | 21.0M | 22.4M | 23.7M | 20.2M | |
| Total Assets | 1.4B | 2.4B | 1.3B | 799M | 423M | 401.9M | |
| Other Current Liab | 97M | 830M | 331M | 223M | 142M | 134.9M | |
| Total Current Liabilities | 1.1B | 1.3B | 449M | 309M | 196M | 186.2M | |
| Total Stockholder Equity | (1.4B) | 1.0B | 818M | 477M | 217M | 227.9M | |
| Net Tangible Assets | (1.4B) | 1.0B | 818M | 477M | 548.6M | 576.0M | |
| Property Plant And Equipment Net | 75M | 68M | 35M | 18M | 9M | 8.6M | |
| Net Debt | (702M) | (1.9B) | (993M) | (493M) | (232M) | (243.6M) | |
| Retained Earnings | (1.4B) | (2.2B) | (2.5B) | (2.9B) | (3.2B) | (3.4B) | |
| Accounts Payable | 171M | 434M | 67M | 53M | 30M | 28.5M | |
| Cash | 744M | 2.0B | 1.0B | 506M | 238M | 226.1M | |
| Non Current Assets Total | 132M | 83M | 59M | 22M | 13M | 12.4M | |
| Non Currrent Assets Other | 23M | 11M | 7M | 4M | 3.6M | 3.4M | |
| Other Assets | 23M | 11M | 7M | 4M | 3.6M | 3.4M | |
| Cash And Short Term Investments | 1.0B | 2.1B | 1.2B | 719M | 382M | 362.9M | |
| Net Receivables | 95M | 83M | 17M | 14M | 7M | 6.7M | |
| Short Term Investments | 300M | 164M | 150M | 213M | 144M | 164.4M | |
| Liabilities And Stockholders Equity | 1.4B | 2.4B | 1.3B | 799M | 423M | 401.9M | |
| Non Current Liabilities Total | 1.7B | 38M | 16M | 13M | 10M | 9.5M | |
| Capital Lease Obligations | 42M | 38M | 16M | 13M | 6M | 5.7M | |
| Other Current Assets | 95M | 102M | 48M | 44M | 21M | 20.0M | |
| Other Stockholder Equity | (1.5B) | 3.2B | 3.4B | 3.4B | 3.5B | 2.2B | |
| Total Liab | 2.8B | 1.4B | 465M | 322M | 206M | 195.7M | |
| Net Invested Capital | (1.4B) | 1.0B | 818M | 477M | 217M | 227.9M | |
| Property Plant And Equipment Gross | 75M | 68M | 35M | 18M | 9M | 8.6M | |
| Total Current Assets | 1.2B | 2.3B | 1.2B | 777M | 410M | 389.5M | |
| Accumulated Other Comprehensive Income | (22M) | 1M | 3M | (5M) | (7M) | (7.4M) | |
| Property Plant Equipment | 75M | 68M | 35M | 18M | 16.2M | 15.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Contextlogic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contextlogic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Contextlogic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contextlogic Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Contextlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Broadline Retail 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 Contextlogic. If investors know Contextlogic 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 Contextlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.67) | Revenue Per Share 3.818 | Quarterly Revenue Growth (0.91) | Return On Assets (0.26) | Return On Equity (0.66) |
The market value of Contextlogic is measured differently than its book value, which is the value of Contextlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Contextlogic's value that differs from its market value or its book value, called intrinsic value, which is Contextlogic'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 Contextlogic's market value can be influenced by many factors that don't directly affect Contextlogic'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 Contextlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contextlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contextlogic'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.