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Advanced Current Assets vs Total Assets Analysis

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AMD -- USA Stock  

Trending

Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Current Assets and its Total Assets accounts. Please continue to Trending Equities.

Current Assets vs Total Assets

Accounts Relationship

Current Assets vs Total Assets

Significance: Totally Related

Current Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Current Assets account and Total Assets

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Assets

Current assets of advanced micro devices include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. current assets are important because they are the assets that are used to fund day-to-day operations of advanced micro. the current portion of total assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Total Assets

Total assets refers to the total amount of advanced micro 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 advanced micro devices 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. sum of the carrying amounts as of the balance sheet date of all assets that are recognized. major components are cash and equivalents; investments; goodwill and intangible assets; property plant and equipment net; tax asset and trade and non trade receivables.