Affirm Other Current Assets vs Accounts Payable Analysis
AFRM Stock | USD 66.27 3.08 4.44% |
Affirm Holdings financial indicator trend analysis is way more than just evaluating Affirm Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affirm Holdings is a good investment. Please check the relationship between Affirm Holdings Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affirm Holdings Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Affirm Holdings' Other Current Assets and Accounts Payable is -0.66. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Affirm Holdings, assuming nothing else is changed. The correlation between historical values of Affirm Holdings' Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Affirm Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Affirm Holdings' Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Accounts Payable
An accounting item on the balance sheet that represents Affirm Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Affirm Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Affirm Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affirm Holdings 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 Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.At this time, Affirm Holdings' Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.37, while Selling General Administrative is likely to drop about 416.1 M.
2023 | 2024 (projected) | Depreciation And Amortization | 169.0M | 177.5M | Interest Income | 278.4M | 186.7M |
Affirm Holdings fundamental ratios Correlations
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Affirm Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Affirm Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 4.9B | 7.0B | 8.2B | 9.5B | 5.9B | |
Short Long Term Debt Total | 917.1M | 1.9B | 4.1B | 5.5B | 6.6B | 3.6B | |
Other Current Liab | (878.7M) | 50.4M | 244.3M | 117.5M | (16.7M) | (17.6M) | |
Total Current Liabilities | 36.3M | 378.5M | 277.3M | 146.1M | 41.0M | 39.0M | |
Total Stockholder Equity | (367.1M) | 2.6B | 2.6B | 2.5B | 2.7B | 1.8B | |
Other Liab | 11.7M | 195.3M | 104.5M | 77.6M | 89.3M | 87.4M | |
Net Tangible Assets | (367.1M) | 2.0B | 2.0B | 2.0B | 2.3B | 1.2B | |
Property Plant And Equipment Net | 48.1M | 62.5M | 171.5M | 320.3M | 449.5M | 472.0M | |
Current Deferred Revenue | 4.5M | (104.2M) | (16.4M) | (218.7M) | (100.7M) | (105.7M) | |
Net Debt | 650.1M | 440.8M | 2.8B | 4.6B | 5.6B | 5.9B | |
Retained Earnings | (447.2M) | (888.4M) | (1.6B) | (2.6B) | (3.1B) | (3.0B) | |
Accounts Payable | 18.4M | 57.8M | 33.1M | 28.6M | 41.0M | 34.8M | |
Cash | 267.1M | 1.5B | 1.3B | 892.0M | 1.0B | 956.0M | |
Non Current Assets Total | 61.9M | 1.1B | 1.3B | 1.3B | 7.0B | 7.4B | |
Non Currrent Assets Other | (925.4M) | 502.1M | 501.6M | 296.8M | 218.5M | 229.4M | |
Other Assets | 13.8M | 502.1M | 25K | 347.3M | (727.6M) | (691.3M) | |
Long Term Debt | 892.1M | 1.9B | 4.1B | 3.6B | 6.6B | 6.9B | |
Cash And Short Term Investments | 267.1M | 1.5B | 2.9B | 2.1B | 2.1B | 1.7B | |
Net Receivables | 1.0B | 131.0M | 161.9M | 199.2M | 353.0M | 342.6M | |
Liabilities And Stockholders Equity | 1.4B | 4.9B | 7.0B | 8.2B | 9.5B | 5.9B | |
Non Current Liabilities Total | 1.7B | 1.9B | 4.1B | 5.5B | 6.7B | 3.9B | |
Other Current Assets | 943.6M | 530.2M | 335.8M | 418.0M | 350.8M | 433.5M | |
Other Stockholder Equity | (723.8M) | 3.5B | 4.2B | 5.1B | 5.9B | 3.2B | |
Total Liab | 1.8B | 2.3B | 4.4B | 5.6B | 6.8B | 4.1B | |
Net Invested Capital | 550.1M | 4.5B | 6.7B | 7.9B | 9.3B | 5.4B | |
Long Term Investments | 939.2M | 11.3M | 1.6B | 1.2B | 73.0M | 69.4M | |
Property Plant And Equipment Gross | 48.1M | 120.3M | 171.5M | 444.4M | 691.8M | 726.3M | |
Total Current Assets | 1.3B | 3.7B | 5.6B | 6.9B | 2.5B | 3.9B | |
Accumulated Other Comprehensive Income | (302K) | 6.8M | (7.1M) | (15.4M) | (21.6M) | (20.5M) | |
Non Current Liabilities Other | 7.2M | 195.3M | 71.4M | 53.9M | 30.7M | 29.1M | |
Net Working Capital | 1.3B | 3.3B | 5.4B | 6.7B | 8.1B | 4.7B | |
Short Term Debt | 892.1M | 104.2M | 16.4M | 218.7M | 16.7M | 15.9M | |
Property Plant Equipment | 48.1M | 62.5M | 171.5M | 290.1M | 333.7M | 350.3M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Data Processing & Outsourced Services space 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 Affirm Holdings. If investors know Affirm 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 Affirm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.41) | Revenue Per Share 8.055 | Quarterly Revenue Growth 0.407 | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of Affirm Holdings is measured differently than its book value, which is the value of Affirm that is recorded on the company's balance sheet. Investors also form their own opinion of Affirm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Affirm Holdings' 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 Affirm Holdings' market value can be influenced by many factors that don't directly affect Affirm Holdings' 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 Affirm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affirm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affirm Holdings' 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.