Samsung Other Current Liab vs Accounts Payable Analysis

SMSN Stock  USD 969.00  35.00  3.49%   
Samsung Electronics financial indicator trend analysis is much more than just breaking down Samsung Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samsung Electronics is a good investment. Please check the relationship between Samsung Electronics Other Current Liab and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Samsung Electronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Samsung Electronics Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Samsung Electronics' Other Current Liab and Accounts Payable is -0.29. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Samsung Electronics Co, assuming nothing else is changed. The correlation between historical values of Samsung Electronics' Other Current Liab 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 Liab of Samsung Electronics Co 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 Liab i.e., Samsung Electronics' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Samsung Electronics 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 Samsung Electronics 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 Samsung Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samsung Electronics 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 Samsung Electronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Samsung Electronics' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.23 this year, although the value of Tax Provision is projected to rise to (4.3 T).
 2021 2022 2023 2024 (projected)
Interest Income1.3T2.7T4.4T2.7T
Net Interest Income846.7B2.0T3.4T1.9T

Samsung Electronics fundamental ratios Correlations

-0.520.830.99-0.060.960.990.80.80.970.820.11-0.830.850.73-0.92-0.030.060.950.960.960.90.67-0.980.99-0.84
-0.52-0.26-0.540.32-0.57-0.55-0.29-0.62-0.6-0.740.20.41-0.27-0.860.50.610.28-0.59-0.45-0.34-0.61-0.180.54-0.550.49
0.83-0.260.760.250.70.770.940.560.750.47-0.09-0.80.810.42-0.860.060.320.830.780.80.70.92-0.870.77-0.54
0.99-0.540.76-0.170.981.00.730.840.980.850.17-0.820.80.76-0.9-0.08-0.040.940.980.960.910.57-0.971.0-0.9
-0.060.320.25-0.17-0.25-0.190.21-0.52-0.26-0.18-0.340.110.31-0.260.160.730.97-0.2-0.27-0.05-0.330.60.1-0.150.51
0.96-0.570.70.98-0.250.980.70.910.990.90.23-0.790.70.74-0.87-0.14-0.10.90.970.890.880.48-0.930.98-0.89
0.99-0.550.771.0-0.190.980.730.850.980.850.16-0.810.790.76-0.91-0.1-0.060.940.980.950.910.57-0.971.0-0.9
0.8-0.290.940.730.210.70.730.630.760.5-0.12-0.750.760.45-0.88-0.030.340.830.760.720.730.86-0.810.74-0.51
0.8-0.620.560.84-0.520.910.850.630.930.810.29-0.750.450.68-0.83-0.49-0.370.840.890.680.850.26-0.790.83-0.86
0.97-0.60.750.98-0.260.990.980.760.930.870.17-0.830.720.76-0.93-0.23-0.120.950.980.890.930.52-0.950.98-0.89
0.82-0.740.470.85-0.180.90.850.50.810.870.24-0.680.610.84-0.69-0.19-0.040.750.780.690.760.35-0.750.85-0.75
0.110.2-0.090.17-0.340.230.16-0.120.290.170.24-0.420.10.01-0.12-0.07-0.340.060.260.130.15-0.28-0.020.13-0.44
-0.830.41-0.8-0.820.11-0.79-0.81-0.75-0.75-0.83-0.68-0.42-0.77-0.610.90.250.06-0.86-0.86-0.76-0.83-0.60.83-0.810.81
0.85-0.270.810.80.310.70.790.760.450.720.610.1-0.770.63-0.80.210.370.80.740.850.760.8-0.790.81-0.64
0.73-0.860.420.76-0.260.740.760.450.680.760.840.01-0.610.63-0.71-0.43-0.20.790.670.620.850.31-0.70.76-0.74
-0.920.5-0.86-0.90.16-0.87-0.91-0.88-0.83-0.93-0.69-0.120.9-0.8-0.710.280.06-0.99-0.93-0.86-0.96-0.660.93-0.90.84
-0.030.610.06-0.080.73-0.14-0.1-0.03-0.49-0.23-0.19-0.070.250.21-0.430.280.74-0.29-0.160.11-0.380.290.11-0.070.33
0.060.280.32-0.040.97-0.1-0.060.34-0.37-0.12-0.04-0.340.060.37-0.20.060.74-0.09-0.130.05-0.230.650.0-0.020.42
0.95-0.590.830.94-0.20.90.940.830.840.950.750.06-0.860.80.79-0.99-0.29-0.090.940.890.980.63-0.950.94-0.87
0.96-0.450.780.98-0.270.970.980.760.890.980.780.26-0.860.740.67-0.93-0.16-0.130.940.930.920.53-0.950.97-0.92
0.96-0.340.80.96-0.050.890.950.720.680.890.690.13-0.760.850.62-0.860.110.050.890.930.840.63-0.950.96-0.84
0.9-0.610.70.91-0.330.880.910.730.850.930.760.15-0.830.760.85-0.96-0.38-0.230.980.920.840.48-0.890.91-0.92
0.67-0.180.920.570.60.480.570.860.260.520.35-0.28-0.60.80.31-0.660.290.650.630.530.630.48-0.690.59-0.24
-0.980.54-0.87-0.970.1-0.93-0.97-0.81-0.79-0.95-0.75-0.020.83-0.79-0.70.930.110.0-0.95-0.95-0.95-0.89-0.69-0.970.82
0.99-0.550.771.0-0.150.981.00.740.830.980.850.13-0.810.810.76-0.9-0.07-0.020.940.970.960.910.59-0.97-0.88
-0.840.49-0.54-0.90.51-0.89-0.9-0.51-0.86-0.89-0.75-0.440.81-0.64-0.740.840.330.42-0.87-0.92-0.84-0.92-0.240.82-0.88
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Samsung Electronics Account Relationship Matchups

Samsung Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets352.6T378.2T426.6T448.4T455.9T424.7T
Other Current Liab20.5T24.3T31.7T32.3T2.3T2.2T
Total Current Liabilities63.8T75.6T88.1T78.3T75.7T81.4T
Total Stockholder Equity254.9T267.7T296.2T345.2T353.2T308.7T
Other Liab22.7T23.7T30.2T11.2T10.1T16.9T
Net Tangible Assets235.0T249.6T276.2T325.1T373.8T275.9T
Retained Earnings254.6T271.1T293.1T337.9T346.7T308.3T
Accounts Payable8.7T9.7T13.5T10.6T11.3T11.2T
Cash26.9T29.4T39.0T49.7T69.1T43.2T
Non Current Assets Total171.2T180.0T208.5T230.0T260.0T215.1T
Non Currrent Assets Other7.2T4.6T5.6T6.0T13.4T7.1T
Other Assets13.8T11.1T14.1T18.1T16.3T12.1T
Long Term Debt3.2T2.9T509.7B569.9B537.6B510.7B
Net Receivables39.3T34.6T45.2T41.9T36.6T41.9T
Good Will6.3T5.7T5.8T6.0T6.5T6.6T
Short Term Investments81.9T95.3T85.1T65.5T23.3T22.2T
Non Current Liabilities Total25.9T26.7T33.6T15.3T16.5T18.4T
Capital Lease Obligations805.1B710.8B3.7T4.4T4.7T5.0T
Inventory26.8T32.0T41.4T52.2T51.6T40.5T
Other Current Assets4.1T4.7T5.1T6.3T5.0T5.1T
Other Stockholder Equity(5.0T)(8.7T)(2.1T)1.9T2.2T2.3T
Total Liab89.7T102.3T121.7T93.7T92.2T106.6T
Deferred Long Term Liab740.8B371.4B236.9B85.0B76.5B72.7B
Net Invested Capital272.4T287.1T310.8T351.0T361.1T324.1T
Short Long Term Debt14.4T16.6T14.2T5.4T7.4T10.0T
Total Current Assets181.4T198.2T218.2T218.5T195.9T209.6T
Non Current Liabilities Other2.4T1.7T1.3T1.2T2.8T1.6T
Net Working Capital117.6T122.6T130.0T140.1T120.2T128.2T
Intangible Assets14.5T12.8T14.4T14.2T16.3T14.2T
Property Plant Equipment119.8T129.0T149.9T168.0T193.3T145.5T

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Other Information on Investing in Samsung Stock

Balance Sheet is a snapshot of the financial position of Samsung Electronics at a specified time, usually calculated after every quarter, six months, or one year. Samsung Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Samsung Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Samsung currently owns. An asset can also be divided into two categories, current and non-current.