ASE Property Plant And Equipment Gross vs Total Assets Analysis
ASX Stock | USD 10.86 0.01 0.09% |
ASE Industrial financial indicator trend analysis is way more than just evaluating ASE Industrial Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASE Industrial Holding is a good investment. Please check the relationship between ASE Industrial Property Plant And Equipment Gross and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Property Plant And Equipment Gross vs Total Assets
Property Plant And Equipment Gross vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASE Industrial Holding Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ASE Industrial's Property Plant And Equipment Gross and Total Assets is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of ASE Industrial Holding, assuming nothing else is changed. The correlation between historical values of ASE Industrial's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of ASE Industrial Holding 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 Property Plant And Equipment Gross i.e., ASE Industrial's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Total Assets
Total assets refers to the total amount of ASE Industrial 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 ASE Industrial Holding 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 ASE Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASE Industrial Holding 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 ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. Enterprise Value is likely to rise to about 1.4 T in 2024, whereas Selling General Administrative is likely to drop slightly above 10.4 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 110.4B | 134.9B | 86.9B | 48.1B | Total Revenue | 570.0B | 670.9B | 581.9B | 611.0B |
ASE Industrial fundamental ratios Correlations
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ASE Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ASE Industrial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 556.7B | 583.9B | 672.9B | 707.1B | 666.6B | 699.9B | |
Short Long Term Debt Total | 214.9B | 203.2B | 219.8B | 194.6B | 179.2B | 109.0B | |
Other Current Liab | 53.5B | 53.5B | 71.0B | 86.5B | 75.5B | 79.2B | |
Total Current Liabilities | 152.3B | 172.5B | 210.9B | 222.3B | 222.3B | 233.5B | |
Total Stockholder Equity | 201.0B | 218.6B | 260.1B | 301.3B | 297.8B | 312.7B | |
Property Plant And Equipment Net | 241.9B | 241.8B | 250.5B | 279.3B | 276.3B | 145.8B | |
Net Debt | 154.8B | 151.7B | 143.7B | 136.5B | 111.9B | 72.6B | |
Retained Earnings | 21.0B | 30.1B | 69.7B | 91.6B | 95.8B | 100.6B | |
Accounts Payable | 56.1B | 73.3B | 84.5B | 79.0B | 70.3B | 73.8B | |
Cash | 60.1B | 51.5B | 76.1B | 58.0B | 67.3B | 36.4B | |
Non Current Assets Total | 354.7B | 359.3B | 380.6B | 406.7B | 405.2B | 425.5B | |
Non Currrent Assets Other | 13.8B | 14.0B | 25.4B | 25.3B | 3.1B | 3.0B | |
Cash And Short Term Investments | 65.0B | 56.4B | 79.1B | 65.6B | 71.4B | 41.6B | |
Net Receivables | 78.9B | 91.8B | 115.5B | 114.6B | 121.1B | 127.2B | |
Common Stock Shares Outstanding | 4.3B | 4.3B | 4.4B | 4.3B | 4.3B | 2.6B | |
Short Term Investments | 4.9B | 4.9B | 3.1B | 7.6B | 4.1B | 5.2B | |
Liabilities And Stockholders Equity | 556.7B | 583.9B | 672.9B | 707.1B | 666.6B | 699.9B | |
Non Current Liabilities Total | 190.0B | 177.1B | 187.4B | 164.9B | 126.1B | 83.9B | |
Inventory | 45.3B | 62.0B | 73.2B | 92.8B | 63.3B | 32.5B | |
Other Current Assets | 12.7B | 14.3B | 24.5B | 27.3B | 5.6B | 6.3B | |
Other Stockholder Equity | 127.5B | 130.3B | 130.4B | 143.1B | 132.2B | 138.8B | |
Total Liab | 342.3B | 349.6B | 398.3B | 387.1B | 348.5B | 180.1B | |
Property Plant And Equipment Gross | 241.9B | 241.8B | 250.5B | 279.3B | 321.2B | 337.2B | |
Total Current Assets | 202.0B | 224.6B | 292.4B | 300.4B | 261.3B | 274.4B | |
Accumulated Other Comprehensive Income | 9.1B | 14.7B | 15.9B | 23.0B | 26.1B | 27.4B | |
Short Term Debt | 42.7B | 45.8B | 55.5B | 56.8B | 70.2B | 73.7B | |
Common Stock | 43.3B | 43.5B | 44.1B | 43.7B | 43.8B | 57.9B | |
Other Liab | 12.6B | 20.3B | 23.1B | 20.5B | 23.5B | 24.7B | |
Other Assets | 18.5B | 19.3B | 30.8B | 9.9B | 11.4B | 6.4B | |
Long Term Debt | 172.2B | 157.4B | 164.3B | 137.8B | 158.5B | 166.4B | |
Good Will | 50.2B | 54.8B | 52.1B | 52.3B | 51.7B | 54.3B | |
Intangible Assets | 78.6B | 80.9B | 76.0B | 72.8B | 17.8B | 24.0B | |
Property Plant Equipment | 241.9B | 241.8B | 250.5B | 301.0B | 346.2B | 363.5B | |
Net Tangible Assets | 122.4B | 137.7B | 184.1B | 221.2B | 254.4B | 150.1B | |
Long Term Investments | 15.6B | 17.0B | 23.3B | 22.9B | 26.3B | 22.1B | |
Short Long Term Debt | 42.7B | 119.1B | 139.9B | 56.8B | 65.3B | 64.5B | |
Long Term Debt Total | 177.4B | 156.6B | 166.1B | 144.5B | 166.2B | 114.5B |
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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 ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial'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 Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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Is ASE Industrial'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 ASE Industrial. If investors know ASE 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 ASE Industrial 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 (0.02) | Dividend Share 5.2 | Earnings Share 0.5 | Revenue Per Share 271.432 | Quarterly Revenue Growth 0.015 |
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial'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 ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial'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 ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial'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.