Logitech Accounts Payable vs Other Assets Analysis
LOGI Stock | USD 79.40 1.71 2.11% |
Logitech International financial indicator trend analysis is infinitely more than just investigating Logitech International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logitech International is a good investment. Please check the relationship between Logitech International Accounts Payable and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logitech International SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logitech International Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Logitech International's Accounts Payable and Other Assets is 0.64. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Logitech International SA, assuming nothing else is changed. The correlation between historical values of Logitech International's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Logitech International SA are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Logitech International's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Logitech International 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 Logitech International 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.Other Assets
Most indicators from Logitech International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logitech International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logitech International SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Logitech International's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 1.7B | 1.7B | 1.8B | Total Revenue | 5.5B | 4.5B | 4.2B | 2.3B |
Logitech International fundamental ratios Correlations
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Logitech International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Logitech International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 4.1B | 4.0B | 3.6B | 3.6B | 3.8B | |
Other Current Liab | 153.3M | 175.9M | 539.5M | 424.4M | 601.9M | 632.0M | |
Total Current Liabilities | 714.1M | 1.7B | 1.4B | 1.1B | 1.1B | 542.8M | |
Total Stockholder Equity | 1.5B | 2.3B | 2.4B | 2.3B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 76.1M | 114.1M | 109.8M | 121.5M | 116.4M | 80.8M | |
Net Debt | (685.1M) | (1.7B) | (1.3B) | (1.1B) | (1.4B) | (1.4B) | |
Retained Earnings | 1.7B | 2.5B | 3.0B | 3.2B | 3.6B | 3.8B | |
Accounts Payable | 259.1M | 823.2M | 636.3M | 407.0M | 447.9M | 275.6M | |
Cash | 715.6M | 1.8B | 1.3B | 1.1B | 1.5B | 1.6B | |
Non Current Assets Total | 949.0M | 983.1M | 962.5M | 955.6M | 971.8M | 509.1M | |
Non Currrent Assets Other | 38.5M | 45.1M | 55.6M | 82.8M | 95.4M | 100.1M | |
Cash And Short Term Investments | 715.6M | 1.8B | 1.3B | 1.1B | 1.5B | 1.6B | |
Net Receivables | 394.7M | 612.2M | 675.6M | 630.4M | 540.9M | 287.5M | |
Common Stock Shares Outstanding | 169.4M | 171.8M | 170.4M | 163.7M | 158.2M | 167.8M | |
Liabilities And Stockholders Equity | 2.4B | 4.1B | 4.0B | 3.6B | 3.6B | 3.8B | |
Non Current Liabilities Total | 160.1M | 198.7M | 215.5M | 253.1M | 284.7M | 298.9M | |
Inventory | 229.2M | 661.1M | 933.1M | 682.9M | 421.8M | 276.4M | |
Other Current Assets | 74.9M | 135.7M | 135.5M | 142.9M | 146.0M | 153.3M | |
Other Stockholder Equity | (110.8M) | (150.0M) | (503.0M) | (849.9M) | (1.3B) | (1.2B) | |
Total Liab | 874.2M | 1.9B | 1.6B | 1.3B | 1.4B | 1.4B | |
Total Current Assets | 1.4B | 3.2B | 3.1B | 2.6B | 2.6B | 2.8B | |
Intangible Assets | 126.9M | 115.1M | 83.8M | 63.2M | 44.6M | 81.3M | |
Other Liab | 130.0M | 140.5M | 198.7M | 187.3M | 215.4M | 118.8M | |
Other Assets | 116.4M | 273.5M | 324.2M | 237.0M | 272.5M | 286.2M | |
Accumulated Other Comprehensive Income | (120.7M) | (108.9M) | (104.1M) | (100.3M) | (111.0M) | (116.6M) | |
Treasury Stock | (169.8M) | (185.9M) | (279.5M) | (632.9M) | (569.6M) | (541.1M) | |
Property Plant Equipment | 76.1M | 114.1M | 109.8M | 121.5M | 139.7M | 87.7M | |
Good Will | 400.9M | 429.6M | 448.2M | 454.6M | 461.3M | 333.3M | |
Property Plant And Equipment Gross | 76.1M | 145.2M | 500.1M | 585.7M | 565.0M | 593.3M | |
Net Tangible Assets | 961.4M | 1.7B | 1.9B | 1.7B | 2.0B | 2.1B | |
Retained Earnings Total Equity | 1.7B | 2.5B | 3.0B | 3.2B | 3.7B | 3.8B | |
Non Current Liabilities Other | 160.1M | 198.7M | 132.1M | 146.7M | 17.0M | 16.1M | |
Long Term Investments | 66.0M | 68.2M | 71.5M | 61.5M | 28.7M | 43.8M | |
Capital Surpluse | 75.1M | 129.5M | 129.9M | 127.4M | 146.5M | 82.4M | |
Net Invested Capital | 1.5B | 2.3B | 2.4B | 2.3B | 2.2B | 2.0B |
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When determining whether Logitech International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logitech International'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 Logitech International Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logitech International Sa Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logitech International SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Technology Hardware, Storage & Peripherals 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 Logitech International. If investors know Logitech 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 Logitech International 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 0.105 | Dividend Share 1.28 | Earnings Share 4.48 | Revenue Per Share 29.03 | Quarterly Revenue Growth 0.056 |
The market value of Logitech International is measured differently than its book value, which is the value of Logitech that is recorded on the company's balance sheet. Investors also form their own opinion of Logitech International's value that differs from its market value or its book value, called intrinsic value, which is Logitech International'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 Logitech International's market value can be influenced by many factors that don't directly affect Logitech International'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 Logitech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logitech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logitech International'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.