Ambow Net Tangible Assets vs Accounts Payable Analysis

AMBO Stock  USD 1.34  0.01  0.74%   
Ambow Education financial indicator trend analysis is way more than just evaluating Ambow Education Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambow Education Holding is a good investment. Please check the relationship between Ambow Education Net Tangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education 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 bureau of labor statistics.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambow Education Holding Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ambow Education's Net Tangible Assets and Accounts Payable is -0.47. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ambow Education Holding, assuming nothing else is changed. The correlation between historical values of Ambow Education's Net Tangible 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 Net Tangible Assets of Ambow Education Holding 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 Net Tangible Assets i.e., Ambow Education's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Ambow Education 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 Ambow Education Holding 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 Ambow Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambow Education 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 Ambow Education 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 bureau of labor statistics.
As of the 15th of May 2024, Tax Provision is likely to grow to about 14.7 K, while Selling General Administrative is likely to drop about 5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses239.9M60.3M6.8M6.5M
Cost Of Revenue339.6M102.9M6.7M6.3M

Ambow Education fundamental ratios Correlations

0.780.880.940.880.88-0.230.360.140.650.980.750.390.55-0.7-0.80.580.690.120.930.730.930.130.97-0.47-0.56
0.780.930.590.680.8-0.15-0.14-0.120.470.750.50.530.5-0.44-0.610.140.250.490.870.520.750.470.73-0.12-0.62
0.880.930.680.750.95-0.130.080.080.520.850.520.390.7-0.67-0.820.310.330.280.970.550.850.310.81-0.37-0.68
0.940.590.680.830.7-0.280.480.070.620.940.810.350.33-0.59-0.640.610.850.030.760.730.840.030.97-0.46-0.39
0.880.680.750.830.760.150.13-0.110.440.920.770.250.29-0.42-0.530.620.580.330.830.90.720.020.84-0.18-0.3
0.880.80.950.70.76-0.010.240.090.420.870.50.180.72-0.71-0.840.340.340.120.940.530.790.160.82-0.52-0.6
-0.23-0.15-0.13-0.280.15-0.01-0.38-0.6-0.75-0.07-0.11-0.71-0.370.470.42-0.23-0.490.28-0.170.14-0.49-0.2-0.230.310.61
0.36-0.140.080.480.130.24-0.380.460.310.340.27-0.10.28-0.47-0.410.40.51-0.860.170.050.38-0.280.4-0.9-0.1
0.14-0.120.080.07-0.110.09-0.60.460.63-0.02-0.040.340.62-0.64-0.590.540.26-0.50.2-0.130.42-0.120.0-0.43-0.5
0.650.470.520.620.440.42-0.750.310.630.520.480.830.61-0.73-0.720.720.740.00.650.440.830.120.57-0.29-0.73
0.980.750.850.940.920.87-0.070.34-0.020.520.770.270.45-0.61-0.710.530.670.160.890.770.840.10.98-0.44-0.42
0.750.50.520.810.770.5-0.110.27-0.040.480.770.360.11-0.24-0.410.590.730.170.610.590.640.150.77-0.2-0.23
0.390.530.390.350.250.18-0.71-0.10.340.830.270.360.33-0.38-0.40.410.490.310.450.30.590.380.340.1-0.63
0.550.50.70.330.290.72-0.370.280.620.610.450.110.33-0.87-0.90.390.19-0.140.720.140.670.170.42-0.55-0.74
-0.7-0.44-0.67-0.59-0.42-0.710.47-0.47-0.64-0.73-0.61-0.24-0.38-0.870.93-0.58-0.530.21-0.74-0.37-0.79-0.07-0.610.620.64
-0.8-0.61-0.82-0.64-0.53-0.840.42-0.41-0.59-0.72-0.71-0.41-0.4-0.90.93-0.53-0.470.12-0.87-0.35-0.89-0.12-0.70.620.79
0.580.140.310.610.620.34-0.230.40.540.720.530.590.410.39-0.58-0.530.75-0.10.520.670.61-0.20.48-0.25-0.24
0.690.250.330.850.580.34-0.490.510.260.740.670.730.490.19-0.53-0.470.75-0.080.480.620.66-0.080.73-0.32-0.27
0.120.490.280.030.330.120.28-0.86-0.50.00.160.170.31-0.140.210.12-0.1-0.080.230.380.040.330.10.77-0.09
0.930.870.970.760.830.94-0.170.170.20.650.890.610.450.72-0.74-0.870.520.480.230.650.910.230.85-0.39-0.67
0.730.520.550.730.90.530.140.05-0.130.440.770.590.30.14-0.37-0.350.670.620.380.650.57-0.020.69-0.01-0.1
0.930.750.850.840.720.79-0.490.380.420.830.840.640.590.67-0.79-0.890.610.660.040.910.570.170.87-0.47-0.75
0.130.470.310.030.020.16-0.2-0.28-0.120.120.10.150.380.17-0.07-0.12-0.2-0.080.330.23-0.020.170.130.11-0.19
0.970.730.810.970.840.82-0.230.40.00.570.980.770.340.42-0.61-0.70.480.730.10.850.690.870.13-0.48-0.46
-0.47-0.12-0.37-0.46-0.18-0.520.31-0.9-0.43-0.29-0.44-0.20.1-0.550.620.62-0.25-0.320.77-0.39-0.01-0.470.11-0.480.3
-0.56-0.62-0.68-0.39-0.3-0.60.61-0.1-0.5-0.73-0.42-0.23-0.63-0.740.640.79-0.24-0.27-0.09-0.67-0.1-0.75-0.19-0.460.3
Click cells to compare fundamentals

Ambow Education Account Relationship Matchups

Ambow Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.0B970.2M176.0M20.6M19.5M
Other Current Liab366.0M396.8M410.4M29.4M1.4M1.4M
Total Current Liabilities609.0M643.6M603.2M82.1M9.8M9.3M
Total Stockholder Equity164.3M143.1M146.2M54.3M6.4M6.1M
Property Plant And Equipment Net426.6M398.0M330.7M49.6M4.9M4.7M
Current Deferred Revenue174.7M163.7M98.6M9.9K544K516.8K
Net Debt112.0M174.8M106.1M53.0M5.9M6.2M
Retained Earnings(3.4B)(3.4B)(3.4B)(3.5B)(510.6M)(536.2M)
Accounts Payable14.7M19.4M29.5M16.5M1.4M1.3M
Cash157.6M118.8M157.4M22.8M4.8M4.6M
Non Current Assets Total621.2M625.6M521.9M66.8M8.1M7.7M
Non Currrent Assets Other63.8M137.3M22.5M13.6M2.6M2.5M
Cash And Short Term Investments246.1M281.7M175.2M22.8M4.8M4.6M
Net Receivables112.6M24.0M117.6M13.7M2.3M2.2M
Common Stock Shares Outstanding21.8M22.2M23.3M24.7M28.6M30.0M
Liabilities And Stockholders Equity1.0B1.0B970.2M176.0M20.6M19.5M
Non Current Liabilities Total248.2M265.0M220.3M39.6M4.3M4.1M
Other Current Assets20.2M117.6M7.7M42.6M16K15.2K
Other Stockholder Equity3.5B3.5B3.5B3.6B517.0M491.2M
Total Liab857.2M908.6M823.5M121.7M14.1M13.4M
Total Current Assets399.6M424.1M448.3M109.1M12.5M11.9M
Accumulated Other Comprehensive Income26.5M16.3M15.1M9.0M(128K)(121.6K)
Short Term Debt53.5M63.7M64.8M36.2M6.4M6.1M
Intangible Assets58.4M56.5M30.0M3.7M522K495.9K
Common Stock820K884K885K993K159K151.1K
Other Assets62.7M19.1M79.3M143.7M165.2M173.5M
Property Plant Equipment168.4M165.9M421.3M398.0M457.6M480.5M
Short Long Term Debt Total269.6M293.6M263.5M75.8M10.8M10.2M
Other Liab9.7M2.3M32.2M35.1M31.5M16.6M
Short Term Investments117.2M88.5M162.9M17.8M20.4M19.4M
Inventory20.8M824K147.8M30.1M5.4M5.1M
Net Tangible Assets(4.5M)97.2M45.6M60.9M70.0M73.5M
Capital Lease Obligations269.6M274.0M247.6M54.9M6.8M6.5M
Long Term Investments1.8M2.4M1.9M1.7M2.0M1.2M

Pair Trading with Ambow Education

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 Ambow Education 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 Ambow Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Ambow Stock

  0.44LRN Stride Inc Financial Report 20th of August 2024 PairCorr
The ability to find closely correlated positions to Ambow Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambow Education 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 Ambow Education - 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 Ambow Education Holding to buy it.
The correlation of Ambow Education 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 Ambow Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambow Education 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 Ambow Education 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 CorrelationCorrelation Matching
When determining whether Ambow Education Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ambow Education'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 Ambow Education Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ambow Education Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education 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 bureau of labor statistics.
Note that the Ambow Education Holding information on this page should be used as a complementary analysis to other Ambow Education's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Ambow Education's price analysis, check to measure Ambow Education'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 Ambow Education is operating at the current time. Most of Ambow Education's value examination focuses on studying past and present price action to predict the probability of Ambow Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambow Education's price. Additionally, you may evaluate how the addition of Ambow Education to your portfolios can decrease your overall portfolio volatility.
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Is Ambow Education'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 Ambow Education. If investors know Ambow 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 Ambow Education 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
3.361
Earnings Share
(1.20)
Revenue Per Share
3.253
Quarterly Revenue Growth
(0.40)
Return On Assets
(0.12)
The market value of Ambow Education Holding is measured differently than its book value, which is the value of Ambow that is recorded on the company's balance sheet. Investors also form their own opinion of Ambow Education's value that differs from its market value or its book value, called intrinsic value, which is Ambow Education'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 Ambow Education's market value can be influenced by many factors that don't directly affect Ambow Education'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 Ambow Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambow Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambow Education'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.