ASE Total Liab vs Short Long Term Debt Total Analysis

ASX Stock

USD 10.10 0.05 0.49%

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 Total Liab and its Short Long Term Debt Total 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.

Total Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASE Industrial Holding Total Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ASE Industrial's Total Liab and Short Long Term Debt Total is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt Total 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 Total Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of ASE Industrial Holding are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Liab i.e., ASE Industrial's Total Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Long Term Debt Total

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	0.92	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	0.83	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	0.89	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	0.87	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	0.84	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	0.82	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	0.84	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	0.54	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	0.9	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	0.61	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	0.94	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	0.53	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	0.64	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	0.89	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	-0.63	-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	0.8	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	0.43	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	0.85	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	0.62	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		0.71	0.83	0.57	0.75	0.37	-0.45
Other Stockholder Equity	0.92	0.83	0.89	0.87	0.84	0.82	0.84	0.54	0.9	0.61	0.94	0.53	0.64	0.89	-0.63	0.8	0.43	0.85	0.62	0.71		0.84	0.89	0.86	0.64	-0.64
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	0.84		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	0.89	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	0.86	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	0.64	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	-0.64	-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

ASE Industrial Investors Sentiment

The influence of ASE Industrial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to ASE Industrial's public news can be used to forecast risks associated with an investment in ASE. The trend in average sentiment can be used to explain how an investor holding ASE can time the market purely based on public headlines and social activities around ASE Industrial Holding. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

ASE Industrial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ASE Industrial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ASE Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ASE Industrial.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASE Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASE Industrial's short interest history, or implied volatility extrapolated from ASE Industrial options trading.

Pair Trading with ASE Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASE Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASE Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASE Stock

0.72	MU	Micron Technology Aggressive Push	Pair Corr
0.89	TSM	Taiwan Semiconductor Aggressive Push	Pair Corr

Moving against ASE Stock

0.85	WFCF	Where Food Comes	Pair Corr
0.75	U	Unity Software Aggressive Push	Pair Corr
0.71	UI	Ubiquiti Networks Earnings Call This Week	Pair Corr
0.7	WDAY	Workday Financial Report 23rd of May 2024	Pair Corr
0.61	S	SentinelOne Financial Report 6th of June 2024	Pair Corr

The ability to find closely correlated positions to ASE Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASE Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASE Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASE Industrial Holding to buy it.

The correlation of ASE Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASE Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASE Industrial Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ASE Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In ASE

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Is ASE Stock a good investment?

Details

What is ASE Industrial's Net Worth?

Details

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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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

(0.41)

Earnings Share

0.49

Revenue Per Share

270.918

Quarterly Revenue Growth

(0.1)

Return On Assets

0.0367

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 Total Liab vs Short Long Term Debt Total Analysis

Total Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Total Liab

Short Long Term Debt Total

ASE Industrial fundamental ratios Correlations

ASE Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ASE Industrial fundamental ratios Accounts

ASE Industrial Investors Sentiment

Pair Trading with ASE Industrial

Moving together with ASE Stock

Moving against ASE Stock

Complementary Tools for ASE Stock analysis

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	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Common Stock Total Equity
Common Stock Total Equity	- 0.59	Non Currrent Assets Other
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