Chicago Accounts Payable vs Other Stockholder Equity Analysis

CVR Stock

USD 15.15 0.30 2.02%

Chicago Rivet financial indicator trend analysis is way more than just evaluating Chicago Rivet Machine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chicago Rivet Machine is a good investment. Please check the relationship between Chicago Rivet Accounts Payable and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chicago Rivet Machine Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Chicago Rivet's Accounts Payable and Other Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Chicago Rivet Machine, assuming nothing else is changed. The correlation between historical values of Chicago Rivet's Accounts Payable and Other Stockholder Equity 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 Chicago Rivet Machine are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Chicago Rivet's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Chicago Rivet 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 Chicago Rivet Machine 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 Stockholder Equity

Most indicators from Chicago Rivet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chicago Rivet Machine 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Chicago Rivet's Selling General Administrative is relatively stable compared to the past year. As of 06/14/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, though Enterprise Value Over EBITDA is likely to grow to (3.13).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.1M	5.0M	5.2M	6.3M
Cost Of Revenue	27.5M	29.8M	32.1M	26.3M

Total Operating Expenses Cost Of Revenue

Chicago Rivet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.68	-0.37	-0.27	0.98	0.94	0.37	0.97	-0.42	0.92	0.16	0.27	0.77	-0.63	-0.24	0.55	-0.41	-0.17	-0.34	0.33	0.87	-0.05	-0.73	0.01	0.34	0.01
Short Long Term Debt Total	0.68		-0.42	-0.36	0.73	0.63	0.75	0.79	-0.82	0.55	-0.13	-0.07	0.85	-0.76	-0.13	0.38	0.0	0.24	-0.48	-0.08	0.68	0.35	-0.99	-0.17	0.72	-0.17
Other Current Liab	-0.37	-0.42		0.46	-0.41	-0.4	-0.58	-0.45	0.56	-0.36	0.16	0.5	-0.42	0.89	0.89	-0.55	-0.18	0.36	0.69	-0.61	-0.3	-0.3	0.52	-0.75	0.04	-0.75
Total Current Liabilities	-0.27	-0.36	0.46		-0.38	-0.31	-0.01	-0.4	0.07	-0.29	0.78	0.3	-0.09	0.38	0.27	-0.48	-0.08	0.67	0.81	-0.33	-0.18	0.4	0.42	-0.16	0.14	-0.16
Total Stockholder Equity	0.98	0.73	-0.41	-0.38		0.94	0.38	0.99	-0.45	0.92	0.08	0.18	0.76	-0.66	-0.26	0.61	-0.36	-0.2	-0.49	0.33	0.83	-0.06	-0.77	0.04	0.35	0.04
Property Plant And Equipment Net	0.94	0.63	-0.4	-0.31	0.94		0.42	0.93	-0.47	0.99	0.06	0.23	0.73	-0.64	-0.31	0.44	-0.42	-0.23	-0.44	0.28	0.65	-0.16	-0.68	0.15	0.34	0.15
Net Debt	0.37	0.75	-0.58	-0.01	0.38	0.42		0.46	-0.99	0.34	0.03	-0.19	0.73	-0.81	-0.42	0.07	0.11	0.42	-0.31	-0.11	0.31	0.62	-0.75	0.21	0.71	0.21
Retained Earnings	0.97	0.79	-0.45	-0.4	0.99	0.93	0.46		-0.53	0.9	0.05	0.13	0.8	-0.71	-0.28	0.61	-0.32	-0.16	-0.53	0.3	0.82	0.0	-0.83	0.05	0.4	0.05
Cash	-0.42	-0.82	0.56	0.07	-0.45	-0.47	-0.99	-0.53		-0.39	0.0	0.19	-0.77	0.82	0.38	-0.13	-0.09	-0.41	0.37	0.12	-0.35	-0.6	0.8	-0.16	-0.73	-0.16
Non Current Assets Total	0.92	0.55	-0.36	-0.29	0.92	0.99	0.34	0.9	-0.39		0.08	0.26	0.67	-0.57	-0.29	0.42	-0.46	-0.27	-0.41	0.29	0.6	-0.23	-0.6	0.16	0.28	0.16
Non Currrent Assets Other	0.16	-0.13	0.16	0.78	0.08	0.06	0.03	0.05	0.0	0.08		0.15	0.21	0.08	0.01	0.13	-0.23	0.39	0.46	0.13	0.23	0.48	0.17	0.06	-0.02	0.06
Cash And Short Term Investments	0.27	-0.07	0.5	0.3	0.18	0.23	-0.19	0.13	0.19	0.26	0.15		0.05	0.3	0.45	-0.4	-0.77	0.19	0.47	-0.34	0.22	-0.33	0.08	-0.43	0.3	-0.43
Net Receivables	0.77	0.85	-0.42	-0.09	0.76	0.73	0.73	0.8	-0.77	0.67	0.21	0.05		-0.75	-0.19	0.39	-0.26	0.22	-0.24	0.11	0.72	0.36	-0.86	-0.04	0.56	-0.04
Common Stock Shares Outstanding	-0.63	-0.76	0.89	0.38	-0.66	-0.64	-0.81	-0.71	0.82	-0.57	0.08	0.3	-0.75		0.71	-0.51	-0.05	0.08	0.63	-0.38	-0.55	-0.39	0.82	-0.48	-0.36	-0.48
Non Current Liabilities Total	-0.24	-0.13	0.89	0.27	-0.26	-0.31	-0.42	-0.28	0.38	-0.29	0.01	0.45	-0.19	0.71		-0.44	-0.19	0.38	0.59	-0.66	-0.13	-0.24	0.23	-0.88	0.19	-0.88
Inventory	0.55	0.38	-0.55	-0.48	0.61	0.44	0.07	0.61	-0.13	0.42	0.13	-0.4	0.39	-0.51	-0.44		-0.05	-0.51	-0.61	0.79	0.59	0.12	-0.44	0.33	-0.3	0.33
Other Current Assets	-0.41	0.0	-0.18	-0.08	-0.36	-0.42	0.11	-0.32	-0.09	-0.46	-0.23	-0.77	-0.26	-0.05	-0.19	-0.05		0.12	-0.14	-0.11	-0.26	0.28	0.02	0.06	-0.03	0.06
Other Stockholder Equity	-0.17	0.24	0.36	0.67	-0.2	-0.23	0.42	-0.16	-0.41	-0.27	0.39	0.19	0.22	0.08	0.38	-0.51	0.12		0.47	-0.73	-0.01	0.61	-0.12	-0.44	0.72	-0.44
Total Liab	-0.34	-0.48	0.69	0.81	-0.49	-0.44	-0.31	-0.53	0.37	-0.41	0.46	0.47	-0.24	0.63	0.59	-0.61	-0.14	0.47		-0.42	-0.18	0.05	0.5	-0.48	0.01	-0.48
Property Plant And Equipment Gross	0.33	-0.08	-0.61	-0.33	0.33	0.28	-0.11	0.3	0.12	0.29	0.13	-0.34	0.11	-0.38	-0.66	0.79	-0.11	-0.73	-0.42		0.3	-0.1	-0.03	0.66	-0.65	0.66
Total Current Assets	0.87	0.68	-0.3	-0.18	0.83	0.65	0.31	0.82	-0.35	0.6	0.23	0.22	0.72	-0.55	-0.13	0.59	-0.26	-0.01	-0.18	0.3		0.18	-0.73	-0.18	0.33	-0.18
Accounts Payable	-0.05	0.35	-0.3	0.4	-0.06	-0.16	0.62	0.0	-0.6	-0.23	0.48	-0.33	0.36	-0.39	-0.24	0.12	0.28	0.61	0.05	-0.1	0.18		-0.3	0.12	0.37	0.12
Short Term Debt	-0.73	-0.99	0.52	0.42	-0.77	-0.68	-0.75	-0.83	0.8	-0.6	0.17	0.08	-0.86	0.82	0.23	-0.44	0.02	-0.12	0.5	-0.03	-0.73	-0.3		0.09	-0.64	0.09
Common Stock Total Equity	0.01	-0.17	-0.75	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.06	-0.44	-0.48	0.66	-0.18	0.12	0.09		-0.42	1.0
Short Term Investments	0.34	0.72	0.04	0.14	0.35	0.34	0.71	0.4	-0.73	0.28	-0.02	0.3	0.56	-0.36	0.19	-0.3	-0.03	0.72	0.01	-0.65	0.33	0.37	-0.64	-0.42		-0.42
Common Stock	0.01	-0.17	-0.75	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.06	-0.44	-0.48	0.66	-0.18	0.12	0.09	1.0	-0.42

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Chicago Rivet Account Relationship Matchups

Chicago Rivet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Other Current Liab	979.0K	805.0K	875.8K	790.3K	64.6K	61.3K
Total Current Liabilities	1.6M	1.5M	1.9M	1.7M	1.9M	2.2M
Total Stockholder Equity	29.2M	28.7M	29.0M	31.0M	26.0M	24.3M
Property Plant And Equipment Net	13.7M	13.2M	12.5M	11.9M	11.7M	10.6M
Net Debt	(1.4M)	(2.6M)	(2.0M)	(4.0M)	(1.4M)	(1.5M)
Retained Earnings	31.5M	31.0M	31.3M	33.3M	28.3M	25.6M
Cash	1.4M	2.6M	2.0M	4.0M	1.4M	2.4M
Non Current Assets Total	13.7M	13.2M	12.5M	11.9M	12.0M	10.7M
Non Currrent Assets Other	(13.7M)	(13.2M)	(926.1K)	(948.1K)	(853.3K)	(895.9K)
Cash And Short Term Investments	8.0M	7.3M	4.8M	6.7M	3.2M	6.1M
Net Receivables	4.6M	5.2M	5.6M	5.0M	4.4M	4.7M
Liabilities And Stockholders Equity	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Non Current Liabilities Total	921.1K	943.1K	1.0M	926.1K	948.1K	0.0
Inventory	5.0M	5.2M	8.5M	9.1M	7.3M	5.4M
Other Current Assets	427.2K	383.8K	346.2K	422.7K	960.8K	1.3M
Total Liab	2.6M	2.5M	2.8M	2.6M	1.9M	3.5M
Property Plant And Equipment Gross	13.7M	13.2M	46.9M	45.3M	46.3M	48.6M
Total Current Assets	18.0M	18.1M	19.3M	21.8M	15.8M	18.3M
Accounts Payable	490.6K	466.4K	692.6K	697.2K	789.0K	791.1K
Short Term Investments	6.6M	4.7M	2.7M	2.7M	1.8M	1.7M
Property Plant Equipment	13.7M	13.2M	12.5M	11.9M	13.6M	11.8M
Current Deferred Revenue	152.6K	249.5K	302.4K	203.7K	430.2K	227.3K
Net Tangible Assets	29.8M	29.2M	28.7M	29.0M	33.3M	29.6M
Retained Earnings Total Equity	31.2M	32.1M	31.5M	31.0M	35.7M	31.9M
Deferred Long Term Liab	737.1K	921.1K	943.1K	1.0M	910.0K	789.6K
Other Liab	943.1K	1.0M	926.1K	948.1K	853.3K	757.0K
Cash And Equivalents	1.4M	2.6M	2.0M	4.0M	4.7M	4.9M
Net Invested Capital	29.2M	28.7M	29.0M	31.0M	26.0M	23.1M
Net Working Capital	16.4M	16.6M	17.4M	20.1M	14.0M	13.6M

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Chicago Accounts Payable vs Other Stockholder Equity Analysis

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Stockholder Equity

Chicago Rivet fundamental ratios Correlations

Chicago Rivet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chicago Rivet fundamental ratios Accounts

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Additional Tools for Chicago Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.94	Total Assets

Cash	- 0.99	Net Debt
Short Term Debt	- 0.99	Short Long Term Debt Total
Common Stock	- 0.88	Non Current Liabilities Total
Common Stock Total Equity	- 0.88	Non Current Liabilities Total
Short Term Debt	- 0.86	Net Receivables
Short Term Debt	- 0.83	Retained Earnings