Interface Accounts Payable vs Property Plant Equipment Analysis

TILE Stock  USD 25.21  0.26  1.02%   
Interface financial indicator trend analysis is infinitely more than just investigating Interface recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Interface is a good investment. Please check the relationship between Interface Accounts Payable and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Interface. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interface Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Interface's Accounts Payable and Property Plant Equipment is 0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Interface, assuming nothing else is changed. The correlation between historical values of Interface's Accounts Payable and Property Plant Equipment 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 Interface are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Interface's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Interface 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 Interface 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.

Property Plant Equipment

Most indicators from Interface's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Interface 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 Interface. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.The current year's Tax Provision is expected to grow to about 15.7 M, whereas Selling General Administrative is forecasted to decline to about 236.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense29.7M29.9M31.8M40.0M
Depreciation And Amortization52.0M45.4M45.9M33.6M

Interface fundamental ratios Correlations

0.960.850.960.830.950.920.70.910.50.98-0.020.50.860.580.450.970.950.460.220.990.510.940.58-0.060.54
0.960.740.890.650.940.990.710.830.380.98-0.190.380.740.370.231.00.90.330.00.990.510.830.36-0.130.52
0.850.740.920.830.720.690.490.850.50.790.310.50.90.740.690.750.770.630.490.80.290.860.73-0.040.65
0.960.890.920.840.880.840.690.940.510.910.040.510.890.610.50.890.930.540.260.930.470.940.61-0.140.49
0.830.650.830.840.750.570.50.810.620.720.30.620.880.880.780.670.830.590.610.720.450.920.880.110.42
0.950.940.720.880.750.910.70.830.430.96-0.10.430.740.470.330.950.90.270.10.950.530.840.46-0.020.44
0.920.990.690.840.570.910.690.810.250.97-0.250.250.710.290.160.980.860.28-0.070.970.510.760.29-0.10.52
0.70.710.490.690.50.70.690.620.530.7-0.590.530.510.12-0.030.70.72-0.05-0.290.710.80.620.12-0.31-0.08
0.910.830.850.940.810.830.810.620.450.850.10.450.920.640.550.840.90.590.340.880.50.90.64-0.040.43
0.50.380.50.510.620.430.250.530.450.390.051.00.430.530.460.40.470.370.340.430.480.630.52-0.22-0.04
0.980.980.790.910.720.960.970.70.850.39-0.110.390.780.450.320.990.890.360.090.990.510.840.45-0.040.57
-0.02-0.190.310.040.3-0.1-0.25-0.590.10.05-0.110.050.240.620.75-0.15-0.080.560.84-0.11-0.540.140.620.40.49
0.50.380.50.510.620.430.250.530.451.00.390.050.430.530.460.40.470.370.340.430.480.630.52-0.22-0.04
0.860.740.90.890.880.740.710.510.920.430.780.240.430.80.720.750.860.620.530.80.440.910.80.090.5
0.580.370.740.610.880.470.290.120.640.530.450.620.530.80.970.40.550.730.890.450.260.731.00.250.46
0.450.230.690.50.780.330.16-0.030.550.460.320.750.460.720.970.260.410.720.960.320.080.620.970.30.48
0.971.00.750.890.670.950.980.70.840.40.99-0.150.40.750.40.260.90.340.041.00.490.840.39-0.10.54
0.950.90.770.930.830.90.860.720.90.470.89-0.080.470.860.550.410.90.390.180.930.520.950.55-0.140.37
0.460.330.630.540.590.270.28-0.050.590.370.360.560.370.620.730.720.340.390.70.390.050.580.730.040.52
0.220.00.490.260.610.1-0.07-0.290.340.340.090.840.340.530.890.960.040.180.70.09-0.10.410.90.380.43
0.990.990.80.930.720.950.970.710.880.430.99-0.110.430.80.450.321.00.930.390.090.50.880.45-0.110.54
0.510.510.290.470.450.530.510.80.50.480.51-0.540.480.440.260.080.490.520.05-0.10.50.460.26-0.12-0.2
0.940.830.860.940.920.840.760.620.90.630.840.140.630.910.730.620.840.950.580.410.880.460.73-0.090.42
0.580.360.730.610.880.460.290.120.640.520.450.620.520.81.00.970.390.550.730.90.450.260.730.250.46
-0.06-0.13-0.04-0.140.11-0.02-0.1-0.31-0.04-0.22-0.040.4-0.220.090.250.3-0.1-0.140.040.38-0.11-0.12-0.090.250.25
0.540.520.650.490.420.440.52-0.080.43-0.040.570.49-0.040.50.460.480.540.370.520.430.54-0.20.420.460.25
Click cells to compare fundamentals

Interface Account Relationship Matchups

Interface fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B1.3B1.3B1.2B856.9M
Short Long Term Debt Total703.9M676.6M610.6M604.4M515.5M372.7M
Other Current Liab140.7M102.2M119.2M100.9M91.6M91.5M
Total Current Liabilities263.3M193.3M261.8M220.5M214.7M162.3M
Total Stockholder Equity368.2M326.5M363.4M361.5M425.9M279.8M
Property Plant And Equipment Net431.6M457.0M420.4M379.6M378.7M221.1M
Net Debt622.6M573.5M513.3M506.8M405.0M321.3M
Retained Earnings286.1M208.6M261.4M278.6M320.8M336.9M
Accounts Payable75.7M58.7M85.9M78.3M62.9M62.8M
Cash81.3M103.1M97.3M97.6M110.5M116.0M
Non Current Assets Total874.9M810.6M757.7M649.5M646.2M467.1M
Non Currrent Assets Other96.8M100.0M114.2M89.9M27.9M26.5M
Cash And Short Term Investments81.3M103.1M97.3M97.6M110.5M116.0M
Net Receivables177.5M139.9M171.7M182.8M163.4M148.7M
Common Stock Total Equity5.8M5.9M5.9M5.8M6.7M5.5M
Common Stock Shares Outstanding58.9M58.5M59.0M58.9M58.3M56.9M
Liabilities And Stockholders Equity1.4B1.3B1.3B1.3B1.2B856.9M
Non Current Liabilities Total791.6M786.2M704.8M684.5M589.4M413.4M
Inventory253.6M228.7M265.1M306.3M279.1M160.0M
Other Current Assets35.8M23.7M38.3M30.3M30.9M27.0M
Other Stockholder Equity250.3M247.9M253.1M244.2M252.9M234.9M
Total Liab1.1B979.5M966.7M905.0M804.1M575.8M
Property Plant And Equipment Gross431.6M457.0M420.4M379.6M887.5M931.8M
Total Current Assets548.1M495.4M572.3M617.0M583.9M389.7M
Accumulated Other Comprehensive Income(174.0M)(135.8M)(157.1M)(167.1M)(153.6M)(145.9M)
Common Stock5.8M5.9M5.9M5.8M6.7M5.5M
Short Term Debt46.9M30.4M31.4M24.2M23.5M26.6M
Intangible Assets89.0M87.8M76.2M59.8M56.3M53.4M
Good Will257.4M165.8M147.0M102.4M105.4M128.6M
Other Assets96.8M100.0M114.2M107.7M123.8M104.5M
Long Term Debt565.2M561.3M503.1M510.0M408.6M420.8M
Property Plant Equipment431.6M457.0M420.4M379.6M436.6M267.8M
Other Liab132.9M138.5M123.9M98.1M112.8M73.7M
Net Tangible Assets21.7M73.0M140.2M199.3M179.4M146.0M
Retained Earnings Total Equity286.1M208.6M261.4M278.6M320.4M336.5M
Long Term Debt Total565.2M561.3M503.1M510.0M586.5M413.0M
Capital Surpluse250.3M247.9M253.1M244.2M219.7M249.2M
Deferred Long Term Liab35.6M34.3M36.7M38.7M44.5M46.7M

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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 Interface is a strong investment it is important to analyze Interface's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Interface's future performance. For an informed investment choice regarding Interface Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Interface. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Commercial Services & Supplies 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 Interface. If investors know Interface 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 Interface 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
1.857
Dividend Share
0.04
Earnings Share
1.44
Revenue Per Share
22.423
Quarterly Revenue Growth
0.107
The market value of Interface is measured differently than its book value, which is the value of Interface that is recorded on the company's balance sheet. Investors also form their own opinion of Interface's value that differs from its market value or its book value, called intrinsic value, which is Interface'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 Interface's market value can be influenced by many factors that don't directly affect Interface'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 Interface's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interface is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interface'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.