SES Cash And Short Term Investments vs Accounts Payable Analysis

SES Stock  USD 0.34  0.03  9.68%   
SES AI financial indicator trend analysis is much more than just breaking down SES AI Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SES AI Corp is a good investment. Please check the relationship between SES AI Cash And Short Term Investments and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SES AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SES AI Corp Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SES AI's Cash And Short Term Investments and Accounts Payable is 0.84. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SES AI Corp, assuming nothing else is changed. The correlation between historical values of SES AI's Cash And Short Term Investments 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 Cash And Short Term Investments of SES AI Corp 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 Cash And Short Term Investments i.e., SES AI's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SES AI Corp balance sheet. This account contains SES AI investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SES AI Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents SES AI 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 SES AI Corp 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 SES AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SES AI Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SES AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative is likely to gain to about 49.9 M in 2024, despite the fact that Tax Provision is likely to grow to (810.4 K).
 2021 2022 2023 2024 (projected)
Interest Expense1.6M29.8M26.9M22.8M
Depreciation And Amortization1.7M2.6M5.5M5.8M

SES AI fundamental ratios Correlations

0.80.150.720.90.77-0.63-0.040.860.620.250.390.990.320.530.120.10.820.610.180.990.3-0.380.620.470.93
0.80.180.560.850.67-0.48-0.10.510.490.160.210.79-0.090.35-0.210.060.740.7-0.160.790.17-0.210.350.120.77
0.150.180.650.220.36-0.15-0.030.130.180.690.670.03-0.17-0.38-0.230.710.250.18-0.180.04-0.380.70.36-0.270.01
0.720.560.650.70.59-0.48-0.070.720.530.570.630.660.080.1-0.080.550.540.510.010.66-0.10.250.690.370.58
0.90.850.220.70.81-0.31-0.230.680.320.40.180.85-0.030.39-0.340.310.810.88-0.280.850.01-0.150.660.270.9
0.770.670.360.590.81-0.40.150.630.410.680.180.680.080.25-0.180.430.70.57-0.130.680.15-0.050.740.090.67
-0.63-0.48-0.15-0.48-0.31-0.4-0.36-0.67-0.99-0.01-0.6-0.66-0.45-0.18-0.650.17-0.320.13-0.69-0.66-0.510.34-0.16-0.51-0.37
-0.04-0.1-0.03-0.07-0.230.15-0.36-0.010.380.060.1-0.040.320.270.44-0.18-0.29-0.560.43-0.040.75-0.15-0.120.26-0.23
0.860.510.130.720.680.63-0.67-0.010.660.270.350.840.380.370.290.230.620.390.350.840.24-0.230.660.550.73
0.620.490.180.530.320.41-0.990.380.660.060.590.650.40.150.6-0.140.28-0.110.650.650.48-0.310.20.530.35
0.250.160.690.570.40.68-0.010.060.270.060.210.09-0.23-0.33-0.390.80.20.34-0.340.09-0.380.590.76-0.140.1
0.390.210.670.630.180.18-0.60.10.350.590.210.360.31-0.030.390.150.27-0.070.440.370.080.170.110.250.2
0.990.790.030.660.850.68-0.66-0.040.840.650.090.360.360.60.19-0.030.790.560.241.00.38-0.490.510.540.93
0.32-0.09-0.170.08-0.030.08-0.450.320.380.4-0.230.310.360.50.74-0.430.24-0.320.750.360.58-0.520.070.450.26
0.530.35-0.380.10.390.25-0.180.270.370.15-0.33-0.030.60.50.26-0.370.50.20.270.590.75-0.70.110.370.66
0.12-0.21-0.23-0.08-0.34-0.18-0.650.440.290.6-0.390.390.190.740.26-0.52-0.06-0.681.00.190.63-0.51-0.180.4-0.04
0.10.060.710.550.310.430.17-0.180.23-0.140.80.15-0.03-0.43-0.37-0.520.180.4-0.47-0.03-0.560.740.58-0.250.04
0.820.740.250.540.810.7-0.32-0.290.620.280.20.270.790.240.5-0.060.180.69-0.020.80.12-0.280.54-0.030.9
0.610.70.180.510.880.570.13-0.560.39-0.110.34-0.070.56-0.320.2-0.680.40.69-0.630.56-0.350.060.54-0.010.74
0.18-0.16-0.180.01-0.28-0.13-0.690.430.350.65-0.340.440.240.750.271.0-0.47-0.02-0.630.250.63-0.49-0.120.430.01
0.990.790.040.660.850.68-0.66-0.040.840.650.090.371.00.360.590.19-0.030.80.560.250.37-0.490.510.530.94
0.30.17-0.38-0.10.010.15-0.510.750.240.48-0.380.080.380.580.750.63-0.560.12-0.350.630.37-0.7-0.170.420.24
-0.38-0.210.70.25-0.15-0.050.34-0.15-0.23-0.310.590.17-0.49-0.52-0.7-0.510.74-0.280.06-0.49-0.49-0.70.12-0.41-0.46
0.620.350.360.690.660.74-0.16-0.120.660.20.760.110.510.070.11-0.180.580.540.54-0.120.51-0.170.120.140.56
0.470.12-0.270.370.270.09-0.510.260.550.53-0.140.250.540.450.370.4-0.25-0.03-0.010.430.530.42-0.410.140.34
0.930.770.010.580.90.67-0.37-0.230.730.350.10.20.930.260.66-0.040.040.90.740.010.940.24-0.460.560.34
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SES AI Account Relationship Matchups

SES AI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.4M24.6M193.4M442.3M406.8M427.2M
Short Long Term Debt Total5.8M840K3.1M12.1M13.7M14.4M
Other Current Liab1.6M1.9M6.3M3.8M10.4M5.7M
Total Current Liabilities2.2M3.9M11.0M20.6M20.4M11.3M
Total Stockholder Equity(48.5M)(62.1M)(88.3M)392.1M359.0M376.9M
Property Plant And Equipment Net7.2M6.0M12.5M39.1M51.1M53.6M
Net Debt(25.4M)(1.6M)(160.5M)(94.6M)(72.0M)(68.4M)
Retained Earnings(49.1M)(63.0M)(94.3M)(144.7M)(198.7M)(208.6M)
Accounts Payable640K1.0M4.7M6.2M4.8M5.1M
Cash25.4M2.4M160.5M106.6M85.7M53.3M
Non Current Assets Total10.5M9.5M23.4M45.7M58.2M35.4M
Non Currrent Assets Other1.5M1.7M9.3M5.1M5.8M4.4M
Cash And Short Term Investments25.4M14.7M160.5M390.1M332.4M349.1M
Net Receivables167K287K7.9M2.4M3.9M4.1M
Liabilities And Stockholders Equity36.4M24.6M193.4M442.3M406.8M427.2M
Non Current Liabilities Total82.7M82.8M270.7M29.5M27.5M36.6M
Inventory43K42K0.0383K558K391.9K
Other Current Assets486K373K1.6M3.8M11.7M12.3M
Other Stockholder Equity600.0K754.0K(264.3M)538.0M559.2M587.2M
Total Liab84.9M86.7M281.7M50.2M47.9M48.0M
Total Current Assets25.9M15.1M170.0M396.6M348.6M366.1M
Accumulated Other Comprehensive Income(55K)133K367K(1.3M)(1.6M)(1.7M)
Intangible Assets1.9M1.7M1.6M1.5M1.3M1.5M
Common Stock14K690.06K35K31.5K29.9K
Current Deferred Revenue120K1.6M2.0M4.2M288K273.6K

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