Asia Common Stock Total Equity vs Total Current Assets Analysis

APWC Stock  USD 1.47  0.05  3.29%   
Asia Pacific financial indicator trend analysis is way more than just evaluating Asia Pacific Wire prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asia Pacific Wire is a good investment. Please check the relationship between Asia Pacific Common Stock Total Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Common Stock Total Equity vs Total Current Assets

Common Stock Total Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asia Pacific Wire Common Stock Total Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Asia Pacific's Common Stock Total Equity and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Asia Pacific Wire, assuming nothing else is changed. The correlation between historical values of Asia Pacific's Common Stock Total Equity and Total Current 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 Common Stock Total Equity of Asia Pacific Wire are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Total Equity i.e., Asia Pacific's Common Stock Total Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Asia Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asia Pacific Wire 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 Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
At present, Asia Pacific's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.48, whereas Tax Provision is forecasted to decline to about 444.6 K.
 2021 2022 2023 2024 (projected)
Gross Profit21.2M32.5M30.2M37.1M
Total Revenue476.7M433.9M425.8M377.5M

Asia Pacific fundamental ratios Correlations

0.650.40.850.90.79-0.020.760.570.680.43-0.690.680.920.790.55-0.080.9-0.740.10.850.40.990.740.49-0.61
0.650.270.910.30.440.550.160.720.320.32-0.280.330.50.340.45-0.110.63-0.08-0.120.910.530.630.940.43-0.02
0.40.270.330.310.760.230.340.07-0.010.810.18-0.010.120.240.430.70.57-0.08-0.650.440.630.30.150.41-0.22
0.850.910.330.550.640.40.40.820.450.44-0.450.460.740.570.49-0.150.78-0.350.030.990.540.820.940.46-0.28
0.90.30.310.550.7-0.350.890.30.730.29-0.770.710.870.830.51-0.10.8-0.880.180.540.160.910.440.44-0.73
0.790.440.760.640.70.050.670.350.330.86-0.210.310.610.570.540.390.85-0.52-0.280.710.510.710.40.5-0.53
-0.020.550.230.4-0.350.05-0.280.43-0.570.330.46-0.54-0.11-0.030.310.230.190.43-0.290.440.75-0.10.450.350.14
0.760.160.340.40.890.67-0.280.210.440.39-0.570.410.790.780.570.110.82-0.830.30.430.20.760.250.53-0.83
0.570.720.070.820.30.350.430.210.230.27-0.30.240.570.410.39-0.320.5-0.080.190.780.380.550.760.41-0.11
0.680.32-0.010.450.730.33-0.570.440.23-0.15-0.871.00.630.450.1-0.410.37-0.640.230.39-0.240.750.450.01-0.26
0.430.320.810.440.290.860.330.390.27-0.150.29-0.170.230.250.460.640.65-0.11-0.460.540.610.310.170.47-0.27
-0.69-0.280.18-0.45-0.77-0.210.46-0.57-0.3-0.870.29-0.87-0.77-0.67-0.190.57-0.430.76-0.48-0.370.16-0.78-0.5-0.120.52
0.680.33-0.010.460.710.31-0.540.410.241.0-0.17-0.870.610.450.1-0.430.36-0.620.210.4-0.220.750.470.01-0.24
0.920.50.120.740.870.61-0.110.790.570.630.23-0.770.610.760.37-0.280.79-0.770.430.710.180.930.650.32-0.67
0.790.340.240.570.830.57-0.030.780.410.450.25-0.670.450.760.71-0.190.77-0.810.160.540.440.780.520.7-0.79
0.550.450.430.490.510.540.310.570.390.10.46-0.190.10.370.710.290.75-0.42-0.170.540.690.510.430.98-0.52
-0.08-0.110.7-0.15-0.10.390.230.11-0.32-0.410.640.57-0.43-0.28-0.190.290.230.13-0.540.00.46-0.18-0.330.24-0.11
0.90.630.570.780.80.850.190.820.50.370.65-0.430.360.790.770.750.23-0.65-0.020.830.610.860.640.71-0.67
-0.74-0.08-0.08-0.35-0.88-0.520.43-0.83-0.08-0.64-0.110.76-0.62-0.77-0.81-0.420.13-0.65-0.34-0.34-0.1-0.76-0.27-0.330.86
0.1-0.12-0.650.030.18-0.28-0.290.30.190.23-0.46-0.480.210.430.16-0.17-0.54-0.02-0.34-0.06-0.410.180.05-0.19-0.33
0.850.910.440.990.540.710.440.430.780.390.54-0.370.40.710.540.540.00.83-0.34-0.060.610.80.90.5-0.3
0.40.530.630.540.160.510.750.20.38-0.240.610.16-0.220.180.440.690.460.61-0.1-0.410.610.280.490.67-0.35
0.990.630.30.820.910.71-0.10.760.550.750.31-0.780.750.930.780.51-0.180.86-0.760.180.80.280.740.44-0.59
0.740.940.150.940.440.40.450.250.760.450.17-0.50.470.650.520.43-0.330.64-0.270.050.90.490.740.4-0.18
0.490.430.410.460.440.50.350.530.410.010.47-0.120.010.320.70.980.240.71-0.33-0.190.50.670.440.4-0.45
-0.61-0.02-0.22-0.28-0.73-0.530.14-0.83-0.11-0.26-0.270.52-0.24-0.67-0.79-0.52-0.11-0.670.86-0.33-0.3-0.35-0.59-0.18-0.45
Click cells to compare fundamentals

Asia Pacific Account Relationship Matchups

Asia Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets298.9M338.1M389.4M371.0M366.7M323.2M
Short Long Term Debt Total14.2M16.1M67.9M60.3M55.8M38.8M
Other Current Liab31.0M55.1M66.5M56.8M41.5M26.9M
Total Current Liabilities53.6M83.4M162.2M133.6M140.6M115.6M
Total Stockholder Equity153.9M157.9M147.5M151.6M157.1M136.9M
Property Plant And Equipment Net45.5M57.9M57.8M54.1M52.8M42.9M
Net Debt(39.5M)(36.1M)23.4M6.3M17.9M18.7M
Retained Earnings53.4M52.8M50.2M54.1M57.9M36.3M
Accounts Payable10.5M17.4M32.4M29.3M41.0M30.9M
Cash53.7M52.2M44.5M54.0M38.0M44.3M
Non Current Assets Total59.4M74.4M77.4M71.5M71.7M55.4M
Non Currrent Assets Other4.9M9.2M8.5M7.7M7.3M5.4M
Cash And Short Term Investments53.7M52.2M44.8M54.1M38.3M47.5M
Net Receivables97.2M109.5M131.6M107.8M121.9M104.2M
Liabilities And Stockholders Equity298.9M338.1M389.4M371.0M366.7M320.7M
Non Current Liabilities Total16.8M19.9M17.9M26.0M11.5M12.5M
Inventory85.2M96.4M128.8M130.6M128.2M83.2M
Other Current Assets1.5M1.5M4.4M3.7M3.9M4.3M
Other Stockholder Equity100.3M104.9M97.2M97.3M118.1M145.5M
Total Liab70.5M103.2M180.1M159.6M152.0M127.7M
Property Plant And Equipment Gross45.5M57.9M182.3M173.4M175.3M184.1M
Total Current Assets239.5M263.7M312.0M299.5M295.0M246.9M
Accumulated Other Comprehensive Income(10.0M)(5.5M)(13.0M)(20.7M)(19.1M)(20.1M)
Short Term Debt11.9M10.7M62.7M46.2M54.4M47.7M
Intangible Assets128K180K129K139K124K117.8K
Other Liab12.2M14.6M14.4M12.7M14.6M15.3M
Current Deferred Revenue216K259K612K1.3M3.7M3.5M
Other Assets6.0M7.6M13.1M15.7M18.1M19.0M
Property Plant Equipment41.4M45.5M57.9M57.8M52.0M41.9M
Net Tangible Assets149.9M153.7M157.7M147.4M169.5M164.0M
Long Term Investments5.0M3.2M3.8M2.4M3.7M3.3M
Short Long Term Debt11.4M10.1M62.1M45.6M53.7M41.1M

Also Currently Popular

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 Asia Pacific Wire offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asia Pacific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asia Pacific Wire Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asia Pacific Wire Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Asia Stock analysis

When running Asia Pacific's price analysis, check to measure Asia Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asia Pacific is operating at the current time. Most of Asia Pacific's value examination focuses on studying past and present price action to predict the probability of Asia Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Pacific's price. Additionally, you may evaluate how the addition of Asia Pacific to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Transaction History
View history of all your transactions and understand their impact on performance
Is Asia Pacific's industry 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 Asia Pacific. If investors know Asia 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 Asia Pacific 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
(0.19)
Earnings Share
0.19
Revenue Per Share
20.652
Quarterly Revenue Growth
0.068
Return On Assets
0.0026
The market value of Asia Pacific Wire is measured differently than its book value, which is the value of Asia that is recorded on the company's balance sheet. Investors also form their own opinion of Asia Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asia Pacific'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 Asia Pacific's market value can be influenced by many factors that don't directly affect Asia Pacific'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 Asia Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Pacific'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.