Interface Accounts Payable vs Total Assets 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 Total Assets 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 Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interface Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Interface's Accounts Payable and Total Assets is 0.91. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Interface's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Assets
Total assets refers to the total amount of Interface assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Interface books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 29.7M | 29.9M | 31.8M | 40.0M | Depreciation And Amortization | 52.0M | 45.4M | 45.9M | 33.6M |
Interface fundamental ratios Correlations
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Interface Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Interface fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.3B | 1.3B | 1.3B | 1.2B | 856.9M | |
Short Long Term Debt Total | 703.9M | 676.6M | 610.6M | 604.4M | 515.5M | 372.7M | |
Other Current Liab | 140.7M | 102.2M | 119.2M | 100.9M | 91.6M | 91.5M | |
Total Current Liabilities | 263.3M | 193.3M | 261.8M | 220.5M | 214.7M | 162.3M | |
Total Stockholder Equity | 368.2M | 326.5M | 363.4M | 361.5M | 425.9M | 279.8M | |
Property Plant And Equipment Net | 431.6M | 457.0M | 420.4M | 379.6M | 378.7M | 221.1M | |
Net Debt | 622.6M | 573.5M | 513.3M | 506.8M | 405.0M | 321.3M | |
Retained Earnings | 286.1M | 208.6M | 261.4M | 278.6M | 320.8M | 336.9M | |
Accounts Payable | 75.7M | 58.7M | 85.9M | 78.3M | 62.9M | 62.8M | |
Cash | 81.3M | 103.1M | 97.3M | 97.6M | 110.5M | 116.0M | |
Non Current Assets Total | 874.9M | 810.6M | 757.7M | 649.5M | 646.2M | 467.1M | |
Non Currrent Assets Other | 96.8M | 100.0M | 114.2M | 89.9M | 27.9M | 26.5M | |
Cash And Short Term Investments | 81.3M | 103.1M | 97.3M | 97.6M | 110.5M | 116.0M | |
Net Receivables | 177.5M | 139.9M | 171.7M | 182.8M | 163.4M | 148.7M | |
Common Stock Total Equity | 5.8M | 5.9M | 5.9M | 5.8M | 6.7M | 5.5M | |
Common Stock Shares Outstanding | 58.9M | 58.5M | 59.0M | 58.9M | 58.3M | 56.9M | |
Liabilities And Stockholders Equity | 1.4B | 1.3B | 1.3B | 1.3B | 1.2B | 856.9M | |
Non Current Liabilities Total | 791.6M | 786.2M | 704.8M | 684.5M | 589.4M | 413.4M | |
Inventory | 253.6M | 228.7M | 265.1M | 306.3M | 279.1M | 160.0M | |
Other Current Assets | 35.8M | 23.7M | 38.3M | 30.3M | 30.9M | 27.0M | |
Other Stockholder Equity | 250.3M | 247.9M | 253.1M | 244.2M | 252.9M | 234.9M | |
Total Liab | 1.1B | 979.5M | 966.7M | 905.0M | 804.1M | 575.8M | |
Property Plant And Equipment Gross | 431.6M | 457.0M | 420.4M | 379.6M | 887.5M | 931.8M | |
Total Current Assets | 548.1M | 495.4M | 572.3M | 617.0M | 583.9M | 389.7M | |
Accumulated Other Comprehensive Income | (174.0M) | (135.8M) | (157.1M) | (167.1M) | (153.6M) | (145.9M) | |
Common Stock | 5.8M | 5.9M | 5.9M | 5.8M | 6.7M | 5.5M | |
Short Term Debt | 46.9M | 30.4M | 31.4M | 24.2M | 23.5M | 26.6M | |
Intangible Assets | 89.0M | 87.8M | 76.2M | 59.8M | 56.3M | 53.4M | |
Good Will | 257.4M | 165.8M | 147.0M | 102.4M | 105.4M | 128.6M | |
Other Assets | 96.8M | 100.0M | 114.2M | 107.7M | 123.8M | 104.5M | |
Long Term Debt | 565.2M | 561.3M | 503.1M | 510.0M | 408.6M | 420.8M | |
Property Plant Equipment | 431.6M | 457.0M | 420.4M | 379.6M | 436.6M | 267.8M | |
Other Liab | 132.9M | 138.5M | 123.9M | 98.1M | 112.8M | 73.7M | |
Net Tangible Assets | 21.7M | 73.0M | 140.2M | 199.3M | 179.4M | 146.0M | |
Retained Earnings Total Equity | 286.1M | 208.6M | 261.4M | 278.6M | 320.4M | 336.5M | |
Long Term Debt Total | 565.2M | 561.3M | 503.1M | 510.0M | 586.5M | 413.0M | |
Capital Surpluse | 250.3M | 247.9M | 253.1M | 244.2M | 219.7M | 249.2M | |
Deferred Long Term Liab | 35.6M | 34.3M | 36.7M | 38.7M | 44.5M | 46.7M |
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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.