ASE Property Plant And Equipment Net vs Cash And Short Term Investments 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 Net and its Cash And Short Term Investments 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 Net vs Cash And Short Term Investments

Property Plant And Equipment Net vs Cash And Short Term Investments 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 Net account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ASE Industrial's Property Plant And Equipment Net and Cash And Short Term Investments is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash And Short Term Investments 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 Net and Cash And Short Term Investments 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 Net of ASE Industrial Holding are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., ASE Industrial's Property Plant And Equipment Net and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ASE Industrial Holding balance sheet. This account contains ASE Industrial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ASE Industrial Holding fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Gross Profit Total Revenue

ASE Industrial 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.83	0.98	0.99	0.97	0.87	0.78	0.74	0.98	0.75	0.99	0.37	0.77	0.98	-0.3	0.83	0.42	0.81	0.78	0.72	0.94	0.87	0.97	0.99	0.82	-0.33
Short Long Term Debt Total	0.83		0.74	0.76	0.7	0.94	0.98	0.29	0.84	0.82	0.83	0.5	0.84	0.75	-0.41	0.87	0.46	0.98	0.81	0.78	0.85	0.98	0.74	0.81	0.58	-0.42
Other Current Liab	0.98	0.74		0.98	0.97	0.83	0.7	0.83	0.95	0.68	0.96	0.37	0.69	0.98	-0.34	0.82	0.32	0.73	0.77	0.72	0.91	0.81	0.96	0.97	0.79	-0.37
Total Current Liabilities	0.99	0.76	0.98		0.98	0.84	0.71	0.8	0.97	0.73	0.97	0.28	0.74	0.99	-0.24	0.79	0.39	0.73	0.77	0.67	0.9	0.82	0.98	0.99	0.89	-0.27
Total Stockholder Equity	0.97	0.7	0.97	0.98		0.8	0.64	0.85	0.95	0.71	0.96	0.29	0.72	0.98	-0.17	0.76	0.39	0.67	0.74	0.62	0.87	0.77	0.96	0.97	0.85	-0.2
Property Plant And Equipment Net	0.87	0.94	0.83	0.84	0.8		0.9	0.49	0.88	0.85	0.87	0.43	0.86	0.82	-0.31	0.92	0.43	0.91	0.9	0.76	0.84	0.98	0.81	0.87	0.66	-0.33
Net Debt	0.78	0.98	0.7	0.71	0.64	0.9		0.21	0.79	0.68	0.8	0.5	0.71	0.7	-0.5	0.83	0.45	0.98	0.74	0.77	0.86	0.94	0.7	0.74	0.51	-0.5
Retained Earnings	0.74	0.29	0.83	0.8	0.85	0.49	0.21		0.7	0.44	0.7	0.08	0.42	0.81	-0.01	0.51	0.06	0.26	0.56	0.4	0.55	0.43	0.77	0.77	0.72	-0.06
Accounts Payable	0.98	0.84	0.95	0.97	0.95	0.88	0.79	0.7		0.77	0.97	0.45	0.78	0.97	-0.31	0.85	0.39	0.83	0.81	0.77	0.92	0.89	0.93	0.98	0.77	-0.33
Cash	0.75	0.82	0.68	0.73	0.71	0.85	0.68	0.44	0.77		0.72	0.38	0.99	0.7	-0.09	0.76	0.37	0.76	0.8	0.62	0.65	0.86	0.65	0.79	0.65	-0.1
Non Current Assets Total	0.99	0.83	0.96	0.97	0.96	0.87	0.8	0.7	0.97	0.72		0.36	0.73	0.97	-0.34	0.83	0.42	0.82	0.73	0.68	0.96	0.86	0.97	0.96	0.79	-0.37
Non Currrent Assets Other	0.37	0.5	0.37	0.28	0.29	0.43	0.5	0.08	0.45	0.38	0.36		0.4	0.32	-0.59	0.43	0.31	0.58	0.43	0.76	0.5	0.54	0.18	0.38	-0.06	-0.55
Cash And Short Term Investments	0.77	0.84	0.69	0.74	0.72	0.86	0.71	0.42	0.78	0.99	0.73	0.4		0.71	-0.08	0.72	0.5	0.77	0.8	0.62	0.67	0.87	0.66	0.8	0.67	-0.09
Net Receivables	0.98	0.75	0.98	0.99	0.98	0.82	0.7	0.81	0.97	0.7	0.97	0.32	0.71		-0.3	0.8	0.35	0.73	0.73	0.67	0.91	0.81	0.98	0.98	0.83	-0.33
Common Stock Total Equity	-0.3	-0.41	-0.34	-0.24	-0.17	-0.31	-0.5	-0.01	-0.31	-0.09	-0.34	-0.59	-0.08	-0.3		-0.43	0.01	-0.51	-0.14	-0.47	-0.57	-0.4	-0.27	-0.24	0.05	1.0
Common Stock Shares Outstanding	0.83	0.87	0.82	0.79	0.76	0.92	0.83	0.51	0.85	0.76	0.83	0.43	0.72	0.8	-0.43		0.09	0.87	0.81	0.78	0.82	0.92	0.78	0.82	0.53	-0.45
Short Term Investments	0.42	0.46	0.32	0.39	0.39	0.43	0.45	0.06	0.39	0.37	0.42	0.31	0.5	0.35	0.01	0.09		0.4	0.35	0.28	0.45	0.42	0.36	0.4	0.44	0.01
Non Current Liabilities Total	0.81	0.98	0.73	0.73	0.67	0.91	0.98	0.26	0.83	0.76	0.82	0.58	0.77	0.73	-0.51	0.87	0.4		0.76	0.82	0.87	0.96	0.7	0.78	0.48	-0.5
Inventory	0.78	0.81	0.77	0.77	0.74	0.9	0.74	0.56	0.81	0.8	0.73	0.43	0.8	0.73	-0.14	0.81	0.35	0.76		0.83	0.66	0.89	0.67	0.83	0.61	-0.14
Other Current Assets	0.72	0.78	0.72	0.67	0.62	0.76	0.77	0.4	0.77	0.62	0.68	0.76	0.62	0.67	-0.47	0.78	0.28	0.82	0.83		0.72	0.83	0.57	0.75	0.37	-0.45
Other Stockholder Equity	0.94	0.85	0.91	0.9	0.87	0.84	0.86	0.55	0.92	0.65	0.96	0.5	0.67	0.91	-0.57	0.82	0.45	0.87	0.66	0.72		0.86	0.91	0.89	0.68	-0.58
Total Liab	0.87	0.98	0.81	0.82	0.77	0.98	0.94	0.43	0.89	0.86	0.86	0.54	0.87	0.81	-0.4	0.92	0.42	0.96	0.89	0.83	0.86		0.77	0.86	0.6	-0.41
Property Plant And Equipment Gross	0.97	0.74	0.96	0.98	0.96	0.81	0.7	0.77	0.93	0.65	0.97	0.18	0.66	0.98	-0.27	0.78	0.36	0.7	0.67	0.57	0.91	0.77		0.94	0.87	-0.31
Total Current Assets	0.99	0.81	0.97	0.99	0.97	0.87	0.74	0.77	0.98	0.79	0.96	0.38	0.8	0.98	-0.24	0.82	0.4	0.78	0.83	0.75	0.89	0.86	0.94		0.84	-0.26
Short Term Debt	0.82	0.58	0.79	0.89	0.85	0.66	0.51	0.72	0.77	0.65	0.79	-0.06	0.67	0.83	0.05	0.53	0.44	0.48	0.61	0.37	0.68	0.6	0.87	0.84		0.01
Common Stock	-0.33	-0.42	-0.37	-0.27	-0.2	-0.33	-0.5	-0.06	-0.33	-0.1	-0.37	-0.55	-0.09	-0.33	1.0	-0.45	0.01	-0.5	-0.14	-0.45	-0.58	-0.41	-0.31	-0.26	0.01

Click cells to compare fundamentals

ASE Industrial Account Relationship Matchups

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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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:

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running ASE Industrial's price analysis, check to measure ASE Industrial'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 ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.

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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.

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ASE Property Plant And Equipment Net vs Cash And Short Term Investments Analysis

Property Plant And Equipment Net vs Cash And Short Term Investments

Property Plant And Equipment Net vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Cash And Short Term Investments

ASE Industrial fundamental ratios Correlations

ASE Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ASE Industrial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities

Common Stock Total Equity	- 0.59	Non Currrent Assets Other
Common Stock	- 0.58	Other Stockholder Equity
Other Stockholder Equity	- 0.57	Common Stock Total Equity
Common Stock	- 0.55	Non Currrent Assets Other
Non Current Liabilities Total	- 0.51	Common Stock Total Equity
Common Stock	- 0.5	Non Current Liabilities Total