Emerson Accounts Payable vs Other Current Liab Analysis

MSN Stock  USD 0.43  0.03  6.52%   
Emerson Radio financial indicator trend analysis is much more than just examining Emerson Radio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerson Radio is a good investment. Please check the relationship between Emerson Radio Accounts Payable and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerson Radio Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Emerson Radio's Accounts Payable and Other Current Liab is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Emerson Radio, assuming nothing else is changed. The correlation between historical values of Emerson Radio's Accounts Payable and Other Current Liab 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 Emerson Radio are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Emerson Radio's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Emerson Radio 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 Emerson Radio 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 Liab

Most indicators from Emerson Radio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerson Radio 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 Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.As of the 24th of November 2024, Selling General Administrative is likely to drop to about 4.6 M. In addition to that, Tax Provision is likely to drop to about 85.5 K
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.2M4.2M5.0M4.7M
Cost Of Revenue6.2M5.1M7.5M7.1M

Emerson Radio fundamental ratios Correlations

0.890.810.9-0.510.880.82-0.730.950.280.920.890.170.970.930.20.890.930.60.90.980.890.82-0.89-0.53-0.02
0.890.821.0-0.851.00.98-0.950.860.040.991.0-0.270.850.770.490.990.980.271.00.841.00.98-1.0-0.39-0.25
0.810.820.83-0.620.810.75-0.750.780.280.830.82-0.110.820.710.250.820.830.360.830.760.820.77-0.82-0.5-0.27
0.91.00.83-0.831.00.97-0.950.890.061.01.0-0.250.870.780.470.990.990.311.00.861.00.98-1.0-0.4-0.25
-0.51-0.85-0.62-0.83-0.85-0.880.94-0.530.25-0.8-0.840.7-0.5-0.34-0.72-0.82-0.760.23-0.83-0.43-0.85-0.880.840.180.43
0.881.00.811.0-0.850.98-0.960.860.030.991.0-0.290.850.750.50.990.980.271.00.841.00.99-1.0-0.38-0.26
0.820.980.750.97-0.880.98-0.960.8-0.160.960.98-0.330.760.670.580.960.940.180.980.770.980.97-0.98-0.36-0.16
-0.73-0.95-0.75-0.950.94-0.96-0.96-0.770.09-0.93-0.950.51-0.73-0.58-0.58-0.95-0.92-0.12-0.95-0.69-0.96-0.980.950.240.39
0.950.860.780.89-0.530.860.8-0.770.280.910.870.060.980.840.20.90.930.630.880.940.860.84-0.86-0.42-0.13
0.280.040.280.060.250.03-0.160.090.280.110.040.30.40.44-0.50.10.150.460.050.310.040.0-0.04-0.13-0.46
0.920.990.831.0-0.80.990.96-0.930.910.111.0-0.210.90.810.440.990.990.351.00.880.990.97-0.99-0.42-0.24
0.891.00.821.0-0.841.00.98-0.950.870.041.0-0.270.860.770.490.990.980.281.00.851.00.98-1.0-0.4-0.25
0.17-0.27-0.11-0.250.7-0.29-0.330.510.060.3-0.21-0.270.080.31-0.56-0.28-0.180.6-0.260.23-0.27-0.390.26-0.340.7
0.970.850.820.87-0.50.850.76-0.730.980.40.90.860.080.890.160.890.920.640.870.950.850.81-0.86-0.45-0.19
0.930.770.710.78-0.340.750.67-0.580.840.440.810.770.310.890.030.770.820.690.780.960.770.67-0.77-0.54-0.03
0.20.490.250.47-0.720.50.58-0.580.2-0.50.440.49-0.560.160.030.450.4-0.390.480.110.490.51-0.49-0.28-0.12
0.890.990.820.99-0.820.990.96-0.950.90.10.990.99-0.280.890.770.450.990.330.990.860.990.97-0.99-0.34-0.31
0.930.980.830.99-0.760.980.94-0.920.930.150.990.98-0.180.920.820.40.990.40.980.890.980.95-0.98-0.43-0.25
0.60.270.360.310.230.270.18-0.120.630.460.350.280.60.640.69-0.390.330.40.30.720.270.23-0.27-0.270.18
0.91.00.831.0-0.831.00.98-0.950.880.051.01.0-0.260.870.780.480.990.980.30.861.00.98-1.0-0.4-0.25
0.980.840.760.86-0.430.840.77-0.690.940.310.880.850.230.950.960.110.860.890.720.860.840.78-0.85-0.47-0.01
0.891.00.821.0-0.851.00.98-0.960.860.040.991.0-0.270.850.770.490.990.980.271.00.840.98-1.0-0.39-0.25
0.820.980.770.98-0.880.990.97-0.980.840.00.970.98-0.390.810.670.510.970.950.230.980.780.98-0.98-0.29-0.34
-0.89-1.0-0.82-1.00.84-1.0-0.980.95-0.86-0.04-0.99-1.00.26-0.86-0.77-0.49-0.99-0.98-0.27-1.0-0.85-1.0-0.980.40.25
-0.53-0.39-0.5-0.40.18-0.38-0.360.24-0.42-0.13-0.42-0.4-0.34-0.45-0.54-0.28-0.34-0.43-0.27-0.4-0.47-0.39-0.290.4-0.27
-0.02-0.25-0.27-0.250.43-0.26-0.160.39-0.13-0.46-0.24-0.250.7-0.19-0.03-0.12-0.31-0.250.18-0.25-0.01-0.25-0.340.25-0.27
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Emerson Radio Account Relationship Matchups

Emerson Radio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.9M33.9M30.0M31.4M29.1M27.6M
Other Current Liab195K52K(212K)3.2M(92K)(87.4K)
Total Current Liabilities1.2M1.5M1.4M4.6M2.0M1.9M
Total Stockholder Equity34.4M30.4M26.8M25.5M26.2M45.3M
Property Plant And Equipment Net451K216K407K202K377K358.2K
Net Debt(5.8M)(4.8M)(25.2M)(25.1M)(19.6M)(18.6M)
Retained Earnings(16.0M)(20.0M)(23.6M)(25.0M)(24.2M)(25.4M)
Accounts Payable592K788K758K641K1.2M1.1M
Cash6.3M5.2M25.6M25.3M19.9M19.4M
Non Current Assets Total545K310K497K276K461K438.0K
Cash And Short Term Investments34.4M30.3M25.6M25.3M19.9M27.1M
Net Receivables484K691K1.3M1.4M1.4M1.3M
Common Stock Shares Outstanding25.3M21.9M21.0M21.0M18.9M24.8M
Liabilities And Stockholders Equity37.9M33.9M30.0M31.4M29.1M27.6M
Non Current Liabilities Total2.3M1.9M1.8M1.3M866K822.7K
Inventory1.9M2.0M2.1M3.8M7.0M6.6M
Other Current Assets577K650K531K604K381K362.0K
Total Liab3.5M3.5M3.2M5.9M2.8M2.7M
Total Current Assets37.4M33.6M29.5M31.1M28.6M53.8M
Short Term Debt242K306K424K280K186K176.7K
Property Plant And Equipment Gross451K216K795K380K580K551K
Accumulated Other Comprehensive Income(507K)(412K)(388K)(3.3M)(529K)(555.5K)
Other Liab2.0M1.8M1.6M1.2M1.4M1.7M
Property Plant Equipment4K216K407K202K181.8K172.7K
Current Deferred Revenue180K195K210K3.5M191K181.5K
Net Tangible Assets31.1M27.1M23.5M22.1M19.9M36.5M
Retained Earnings Total Equity(9.3M)(11.7M)(16.0M)(20.0M)(18.0M)(17.1M)
Cash And Equivalents6.3M5.2M25.6M25.3M22.7M14.0M

Pair Trading with Emerson Radio

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 Emerson Radio 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 Emerson Radio will appreciate offsetting losses from the drop in the long position's value.

Moving against Emerson Stock

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The ability to find closely correlated positions to Emerson Radio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerson Radio 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 Emerson Radio - 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 Emerson Radio to buy it.
The correlation of Emerson Radio 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 Emerson Radio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerson Radio 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 Emerson Radio 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 CorrelationCorrelation Matching
When determining whether Emerson Radio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Emerson Radio'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 Emerson Radio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emerson Radio Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Consumer Electronics 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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.45
Quarterly Revenue Growth
0.215
Return On Assets
(0.08)
Return On Equity
0.0147
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerson Radio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.