AMTD Non Current Liabilities Total vs Retained Earnings Analysis
HKD Stock | USD 2.78 0.10 3.73% |
AMTD Digital financial indicator trend analysis is way more than just evaluating AMTD Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMTD Digital is a good investment. Please check the relationship between AMTD Digital Non Current Liabilities Total and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.
Non Current Liabilities Total vs Retained Earnings
Non Current Liabilities Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMTD Digital Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AMTD Digital's Non Current Liabilities Total and Retained Earnings is 0.54. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of AMTD Digital, assuming nothing else is changed. The correlation between historical values of AMTD Digital's Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of AMTD Digital are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., AMTD Digital's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from AMTD Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMTD Digital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.36, whereas Tax Provision is forecasted to decline to about 4.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.8M | 1.2M | 1.1M | 1.0M | Interest Income | 5.8M | 30.3M | 34.8M | 36.6M |
AMTD Digital fundamental ratios Correlations
Click cells to compare fundamentals
AMTD Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMTD Digital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.1B | 3.2B | 661.7M | 595.5M | 565.7M | |
Other Current Liab | 64.2M | 135.8M | 101.8M | 4.7M | 5.4M | 5.1M | |
Total Current Liabilities | 2.3B | 135.8M | 107.1M | 139.5M | 125.6M | 119.3M | |
Total Stockholder Equity | 1.3B | 2.9B | 3.1B | 457.9M | 526.6M | 500.3M | |
Net Tangible Assets | 1.3B | 2.8B | 3.0B | 457.8M | 526.5M | 500.2M | |
Current Deferred Revenue | 35.7M | 39.1M | 41.5M | 10.2M | 11.7M | 11.1M | |
Net Debt | 2.0B | (416.4M) | (112.5M) | (34.1M) | (30.7M) | (29.2M) | |
Retained Earnings | 151.3M | 329.7M | 548.9M | 111.7M | 128.5M | 122.0M | |
Accounts Payable | 6.6K | 14K | 10K | 493K | 443.7K | 241.5K | |
Cash | 196.2M | 416.4M | 112.5M | 153.7M | 176.8M | 198.3M | |
Non Current Assets Total | 208.7M | 408.8M | 245.3M | 342.2M | 393.5M | 305.5M | |
Cash And Short Term Investments | 196.2M | 416.4M | 112.5M | 163.0M | 146.7M | 199.4M | |
Net Receivables | 408.3M | 284.4M | 39.5M | 9.8M | 8.8M | 8.4M | |
Common Stock Shares Outstanding | 100.4M | 132.3M | 169.0M | 185.5M | 213.3M | 169.9M | |
Liabilities And Stockholders Equity | 3.6B | 3.0B | 3.2B | 661.7M | 595.5M | 565.7M | |
Non Current Liabilities Total | 25.3M | 38.1M | 11.1M | 1.0M | 927.9K | 881.5K | |
Other Current Assets | 63.1M | 2.5M | 2.3M | 12.7M | 11.5M | 13.6M | |
Other Stockholder Equity | (151.4M) | 2.4B | 2.4B | (52.2M) | (60.1M) | (57.1M) | |
Total Liab | 2.3B | 135.8M | 107.1M | 140.6M | 126.5M | 120.2M | |
Net Invested Capital | 1.3B | 2.9B | 3.1B | 577.6M | 664.2M | 631.0M | |
Long Term Investments | 208.7M | 294.0M | 150.1M | 103.3M | 92.9M | 150.3M | |
Total Current Assets | 3.4B | 2.7B | 3.0B | 319.5M | 287.6M | 273.2M | |
Cash And Equivalents | 196.2M | 416.4M | 112.5M | 152.9M | 175.9M | 194.4M | |
Net Working Capital | 1.1B | 2.5B | 2.9B | 180.0M | 207.0M | 196.6M | |
Short Term Debt | 2.2B | 87.4M | 0.0 | 119.6M | 107.6M | 102.3M | |
Common Stock | 38.0K | 54.3K | 54.9K | 8K | 7.2K | 6.8K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AMTD Digital is a strong investment it is important to analyze AMTD Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMTD Digital's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software 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 AMTD Digital. If investors know AMTD 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 AMTD Digital 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 1.696 | Earnings Share 0.33 | Revenue Per Share 0.145 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0061 |
The market value of AMTD Digital is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital'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 AMTD Digital's market value can be influenced by many factors that don't directly affect AMTD Digital'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 AMTD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital'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.