Coherent Property Plant And Equipment Net vs Accounts Payable Analysis
| COHR Stock | USD 66.03 0.72 1.08% |
Coherent financial indicator trend analysis is way more than just evaluating Coherent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherent is a good investment. Please check the relationship between Coherent Property Plant And Equipment Net and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.
Property Plant And Equipment Net vs Accounts Payable
Property Plant And Equipment Net vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherent Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Coherent's Property Plant And Equipment Net and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Coherent, assuming nothing else is changed. The correlation between historical values of Coherent's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Coherent 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 Property Plant And Equipment Net i.e., Coherent's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Coherent 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 Coherent 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 Coherent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherent 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 Coherent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Selling General Administrative is relatively stable compared to the past year. As of 06/07/2024, Enterprise Value Over EBITDA is likely to grow to 199.99, though Tax Provision is likely to grow to (82.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.6B | 1.9B | 2.0B | Total Revenue | 3.3B | 5.2B | 5.9B | 6.2B |
Coherent fundamental ratios Correlations
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Coherent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coherent fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Short Long Term Debt Total | 2.4B | 1.5B | 2.4B | 4.5B | 5.2B | 5.4B | |
| Total Current Liabilities | 672.9M | 729.6M | 1.3B | 1.1B | 1.2B | 1.3B | |
| Net Debt | 1.9B | (65.9M) | (144.2M) | 3.7B | 4.2B | 4.4B | |
| Retained Earnings | 876.6M | 1.1B | 1.3B | 944.4B | 1.1T | 1.1T | |
| Cash | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Non Current Assets Total | 3.4B | 3.5B | 3.5B | 10.5B | 12.0B | 12.6B | |
| Non Currrent Assets Other | 136.9M | 193.7M | 223.6M | 312.0M | 358.8M | 376.7M | |
| Net Receivables | 598.1M | 659.0M | 700.3M | 929.8M | 1.1B | 1.1B | |
| Common Stock Shares Outstanding | 84.8M | 115.0M | 116.5M | 137.6M | 158.2M | 166.1M | |
| Liabilities And Stockholders Equity | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Non Current Liabilities Total | 2.5B | 2.4B | 2.2B | 5.4B | 6.2B | 6.5B | |
| Inventory | 619.8M | 695.8M | 902.6M | 1.3B | 1.5B | 1.5B | |
| Total Liab | 3.2B | 3.1B | 3.5B | 6.5B | 7.5B | 7.8B | |
| Property Plant And Equipment Gross | 245.7M | 2.1B | 2.4B | 3.0B | 3.5B | 3.7B | |
| Total Current Assets | 1.8B | 3.0B | 4.3B | 3.3B | 3.7B | 3.9B | |
| Accumulated Other Comprehensive Income | (87.4M) | 14.3M | (2.2M) | 109.7B | 126.2B | 132.5B | |
| Short Term Debt | 93.9M | 87.4M | 430.8M | 113.1M | 130.1M | 136.6M | |
| Intangible Assets | 758.4M | 718.5M | 635.4M | 3.8B | 4.4B | 4.6B | |
| Other Current Liab | 292.9M | 333.8M | 378.3M | 455.9M | 524.2M | 550.4M | |
| Total Stockholder Equity | 2.1B | 3.4B | 3.6B | 5.0B | 5.7B | 6.0B | |
| Property Plant And Equipment Net | 1.2B | 1.2B | 1.4B | 1.8B | 2.0B | 2.2B | |
| Cash And Short Term Investments | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Other Current Assets | 65.7M | 67.6M | 1.1B | 216.5M | 249.0M | 261.5M | |
| Other Stockholder Equity | (199.3M) | (944.6M) | (1.0B) | (7.1T) | (6.4T) | (6.0T) | |
| Accounts Payable | 268.8M | 294.5M | 434.9M | 405.3M | 466.1M | 489.4M | |
| Good Will | 1.2B | 1.3B | 1.3B | 4.5B | 5.2B | 5.4B | |
| Common Stock | 1.5B | 2.0B | 2.1B | 3.8T | 4.3T | 4.6T | |
| Other Liab | 145.6M | 147.3M | 168.7M | 1.0B | 1.2B | 1.2B | |
| Other Assets | 247.1M | 407.0M | 255.3M | 349.7M | 402.2M | 422.3M | |
| Long Term Debt | 411.1M | 425.8M | 1.9B | 4.2B | 4.9B | 5.1B | |
| Property Plant Equipment | 245.7M | 302.6M | 1.4B | 1.8B | 2.0B | 2.2B | |
| Current Deferred Revenue | 17.3M | 13.9M | 23.0M | 104.5M | 120.1M | 126.2M | |
| Net Tangible Assets | 804.1M | 868.2M | 1.2B | (3.8B) | (3.4B) | (3.2B) | |
| Capital Lease Obligations | 91.2M | 80.7M | 137.8M | 179.0M | 205.9M | 216.2M |
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When running Coherent's price analysis, check to measure Coherent'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 Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.