FinVolution Total Assets vs Accounts Payable Analysis

FINV Stock  USD 6.01  0.29  4.60%   
FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Total Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between FinVolution's Total Assets and Accounts Payable is 0.2. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Total 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 Total Assets of FinVolution Group 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 Total Assets i.e., FinVolution's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of FinVolution 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 FinVolution Group 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.

Accounts Payable

An accounting item on the balance sheet that represents FinVolution 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 FinVolution Group 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 FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 470.6 M in 2024, whereas Tax Provision is likely to drop slightly above 315.3 M in 2024.
 2023 2024 (projected)
Interest Income1.3B1.3B
Tax Provision468.5M315.3M

FinVolution fundamental ratios Correlations

0.540.630.80.980.970.940.940.77-0.90.770.20.950.870.880.540.930.91-0.240.80.80.930.90.970.841.0
0.540.790.720.440.610.370.680.12-0.240.26-0.30.330.350.450.070.260.810.10.130.150.750.430.650.370.55
0.630.790.940.490.760.410.650.03-0.320.120.180.410.280.36-0.150.350.80.330.230.080.750.720.790.320.66
0.80.720.940.680.90.660.80.32-0.580.380.290.610.550.570.120.580.890.050.460.350.850.870.920.590.82
0.980.440.490.680.920.950.90.84-0.930.830.150.980.90.90.630.960.85-0.320.840.870.880.830.910.850.97
0.970.610.760.90.920.880.910.64-0.830.670.240.880.80.80.420.860.94-0.140.720.660.940.920.990.80.98
0.940.370.410.660.950.880.860.91-0.970.920.150.930.980.940.750.920.81-0.560.80.920.840.810.870.950.93
0.940.680.650.80.90.910.860.71-0.780.70.170.830.80.80.520.850.9-0.20.780.730.90.840.940.780.94
0.770.120.030.320.840.640.910.71-0.90.930.10.830.940.880.850.870.56-0.710.820.980.620.580.630.880.75
-0.9-0.24-0.32-0.58-0.93-0.83-0.97-0.78-0.9-0.89-0.22-0.96-0.95-0.91-0.73-0.93-0.740.55-0.79-0.93-0.78-0.79-0.82-0.91-0.89
0.770.260.120.380.830.670.920.70.93-0.89-0.140.810.970.910.90.780.64-0.760.660.930.680.50.640.920.75
0.2-0.30.180.290.150.240.150.170.1-0.22-0.140.210.03-0.12-0.10.34-0.030.20.490.08-0.040.510.250.110.22
0.950.330.410.610.980.880.930.830.83-0.960.810.210.880.880.620.970.79-0.330.810.880.830.820.860.820.94
0.870.350.280.550.90.80.980.80.94-0.950.970.030.880.940.840.870.75-0.690.750.930.780.670.780.980.85
0.880.450.360.570.90.80.940.80.88-0.910.91-0.120.880.940.680.820.83-0.580.650.90.880.680.80.860.87
0.540.07-0.150.120.630.420.750.520.85-0.730.9-0.10.620.840.680.650.37-0.810.620.820.390.290.390.840.51
0.930.260.350.580.960.860.920.850.87-0.930.780.340.970.870.820.650.72-0.320.930.890.760.830.830.830.92
0.910.810.80.890.850.940.810.90.56-0.740.64-0.030.790.750.830.370.72-0.150.540.60.990.810.950.730.92
-0.240.10.330.05-0.32-0.14-0.56-0.2-0.710.55-0.760.2-0.33-0.69-0.58-0.81-0.32-0.15-0.28-0.66-0.19-0.06-0.13-0.67-0.22
0.80.130.230.460.840.720.80.780.82-0.790.660.490.810.750.650.620.930.54-0.280.80.570.750.710.750.79
0.80.150.080.350.870.660.920.730.98-0.930.930.080.880.930.90.820.890.6-0.660.80.670.620.660.850.78
0.930.750.750.850.880.940.840.90.62-0.780.68-0.040.830.780.880.390.760.99-0.190.570.670.820.950.740.94
0.90.430.720.870.830.920.810.840.58-0.790.50.510.820.670.680.290.830.81-0.060.750.620.820.940.680.91
0.970.650.790.920.910.990.870.940.63-0.820.640.250.860.780.80.390.830.95-0.130.710.660.950.940.770.98
0.840.370.320.590.850.80.950.780.88-0.910.920.110.820.980.860.840.830.73-0.670.750.850.740.680.770.82
1.00.550.660.820.970.980.930.940.75-0.890.750.220.940.850.870.510.920.92-0.220.790.780.940.910.980.82
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FinVolution Account Relationship Matchups

FinVolution fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3B14.9B18.1B21.4B21.3B14.5B
Short Long Term Debt Total320.1M43.3M33.4M177.0M41.6M39.6M
Other Current Liab9.7B2.7B3.0B3.2B1.4B1.3B
Total Current Liabilities10.0B3.9B4.1B5.0B3.7B4.8B
Total Stockholder Equity7.9B8.4B10.7B12.4B13.7B7.8B
Other Liab9.4B5.5B6.3B7.4B8.6B5.6B
Net Tangible Assets7.8B8.2B10.5B12.2B14.1B14.8B
Property Plant And Equipment Net230.1M148.8M161.5M333.8M179.0M166.6M
Current Deferred Revenue55.7M1.3B1.1B1.8B1.9B2.0B
Net Debt(2.0B)(2.6B)(4.4B)(3.5B)(4.9B)(4.7B)
Retained Earnings2.0B2.7B4.7B6.5B8.4B8.8B
Accounts Payable1.1B905.0M0.0357.3M321.6M396.6M
Cash2.3B2.6B4.4B3.6B5.0B2.7B
Non Current Assets Total1.4B1.4B1.7B2.5B3.1B3.2B
Non Currrent Assets Other7.6M56.3M1.4B1.6B1.9B2.0B
Other Assets129.7M155.8M455.7M919.4M1.1B1.1B
Cash And Short Term Investments2.4B4.6B5.6B7.1B7.9B4.4B
Net Receivables9.4B4.3B4.8B6.0B5.1B4.3B
Common Stock Shares Outstanding310.5M298.3M296.5M290.9M280.6M240.7M
Short Term Investments114.6M2.0B1.2B3.4B3.0B1.7B
Liabilities And Stockholders Equity18.3B14.9B18.1B21.4B21.3B14.5B
Non Current Liabilities Total284.1M2.5B3.4B4.0B3.8B3.9B
Capital Lease Obligations85.1M43.3M33.4M177.0M35.9M45.8M
Inventory(8.3B)(3.4B)(2.7B)(3.6B)(2.9B)(3.1B)
Other Current Assets13.4B8.0B8.7B9.4B8.1B6.7B
Other Stockholder Equity5.6B5.3B5.4B5.1B4.5B4.6B
Total Liab10.3B6.5B7.4B8.9B7.4B6.7B
Long Term Investments952.8M950.5M971.1M1.1B1.1B644.4M
Property Plant And Equipment Gross230.1M148.8M161.5M333.8M452.5M475.1M
Total Current Assets16.9B13.5B16.4B18.9B18.2B13.1B
Accumulated Other Comprehensive Income387.5M452.9M593.6M750.6M842.5M884.6M
Non Current Liabilities Other55.2M2.4B64.7M3.6B3.4B3.6B
Short Term Debt17.3M25M235M5.8M6.6M6.3M
Intangible Assets68.9M64.3M98.9M98.7M113.5M72.4M
Property Plant Equipment230.1M148.8M161.5M333.8M383.8M403.0M

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Additional Tools for FinVolution Stock Analysis

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