DDD Other Current Liab vs Accounts Payable Analysis

DDD Stock  USD 3.67  0.09  2.39%   
3D Systems financial indicator trend analysis is way more than just evaluating 3D Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3D Systems is a good investment. Please check the relationship between 3D Systems Other Current Liab and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3D Systems Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between 3D Systems' Other Current Liab and Accounts Payable is 0.67. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of 3D Systems, assuming nothing else is changed. The correlation between historical values of 3D Systems' Other Current Liab 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 Other Current Liab of 3D Systems 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 Other Current Liab i.e., 3D Systems' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents 3D Systems 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 3D Systems 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 3D Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3D Systems 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 3D Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.At present, 3D Systems' Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit263.8M214.2M200.2M127.9M
Total Revenue615.6M538.0M488.1M281.6M

3D Systems fundamental ratios Correlations

0.50.420.620.830.51-0.37-0.210.770.830.130.790.570.710.570.590.590.720.680.40.910.220.760.510.350.09
0.50.080.1-0.020.450.36-0.480.770.00.350.83-0.280.270.990.440.750.460.950.250.770.660.08-0.330.190.16
0.420.080.930.320.64-0.13-0.570.180.370.370.170.70.710.150.540.530.670.350.620.40.250.670.010.630.42
0.620.10.930.570.69-0.24-0.520.270.610.320.280.820.890.180.640.560.770.390.680.530.240.880.210.640.38
0.83-0.020.320.570.17-0.690.20.450.97-0.190.450.760.60.050.270.140.420.170.160.57-0.20.790.80.13-0.09
0.510.450.640.690.170.24-0.890.30.250.740.30.390.670.510.930.860.930.670.950.560.690.55-0.10.820.59
-0.370.36-0.13-0.24-0.690.24-0.48-0.31-0.540.35-0.19-0.55-0.170.330.230.230.030.260.31-0.20.54-0.4-0.580.180.35
-0.21-0.48-0.57-0.520.2-0.89-0.48-0.160.12-0.76-0.18-0.14-0.5-0.52-0.84-0.82-0.8-0.63-0.84-0.39-0.71-0.270.41-0.84-0.61
0.770.770.180.270.450.3-0.31-0.160.370.110.970.090.40.790.290.60.450.790.040.920.310.360.060.07-0.07
0.830.00.370.610.970.25-0.540.120.37-0.140.390.760.660.070.340.180.460.20.280.54-0.110.820.80.190.0
0.130.350.370.32-0.190.740.35-0.760.11-0.140.070.060.320.370.650.710.60.450.680.260.660.11-0.340.580.85
0.790.830.170.280.450.3-0.19-0.180.970.390.070.060.420.850.330.620.460.840.070.940.350.370.050.09-0.05
0.57-0.280.70.820.760.39-0.55-0.140.090.760.060.060.74-0.190.450.160.560.020.460.33-0.240.830.670.50.12
0.710.270.710.890.60.67-0.17-0.50.40.660.320.420.740.350.690.580.780.520.660.640.260.870.290.620.34
0.570.990.150.180.050.510.33-0.520.790.070.370.85-0.190.350.510.780.540.970.310.810.660.16-0.270.270.19
0.590.440.540.640.270.930.23-0.840.290.340.650.330.450.690.510.820.950.660.920.60.530.60.080.840.5
0.590.750.530.560.140.860.23-0.820.60.180.710.620.160.580.780.820.850.880.70.760.720.46-0.260.640.56
0.720.460.670.770.420.930.03-0.80.450.460.60.460.560.780.540.950.850.710.870.730.530.690.130.850.49
0.680.950.350.390.170.670.26-0.630.790.20.450.840.020.520.970.660.880.710.480.880.680.34-0.20.430.29
0.40.250.620.680.160.950.31-0.840.040.280.680.070.460.660.310.920.70.870.480.370.60.55-0.010.840.61
0.910.770.40.530.570.56-0.2-0.390.920.540.260.940.330.640.810.60.760.730.880.370.40.590.170.370.13
0.220.660.250.24-0.20.690.54-0.710.31-0.110.660.35-0.240.260.660.530.720.530.680.60.40.03-0.530.390.61
0.760.080.670.880.790.55-0.4-0.270.360.820.110.370.830.870.160.60.460.690.340.550.590.030.470.420.14
0.51-0.330.010.210.8-0.1-0.580.410.060.8-0.340.050.670.29-0.270.08-0.260.13-0.2-0.010.17-0.530.470.06-0.26
0.350.190.630.640.130.820.18-0.840.070.190.580.090.50.620.270.840.640.850.430.840.370.390.420.060.53
0.090.160.420.38-0.090.590.35-0.61-0.070.00.85-0.050.120.340.190.50.560.490.290.610.130.610.14-0.260.53
Click cells to compare fundamentals

3D Systems Account Relationship Matchups

3D Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets807.3M733.1M1.5B1.4B980.2M1.0B
Short Long Term Debt Total92.7M79.3M502.6M501.2M386.1M405.4M
Other Current Liab63.1M80.9M77.0M55.6M54.8M31.3M
Total Current Liabilities163.0M175.7M178.0M152.8M145.0M76.5M
Total Stockholder Equity522.2M430.7M842.4M749.9M418.5M303.0M
Property Plant And Equipment Net129.8M124.0M103.6M101.7M135.0M141.8M
Net Debt(41.0M)4.3M(287.0M)113.1M54.4M57.2M
Retained Earnings(793.7M)(943.3M)(621.3M)(744.0M)(1.1B)(1.1B)
Cash133.7M75.0M789.7M388.1M331.6M348.2M
Non Current Assets Total434.1M375.5M517.4M613.3M357.4M226.3M
Non Currrent Assets Other18.1M61.7M22.3M11.6M46.8M49.1M
Cash And Short Term Investments133.7M75.0M789.7M568.7M331.6M348.2M
Net Receivables109.4M114.3M106.5M93.9M102.1M61.5M
Common Stock Shares Outstanding113.8M117.6M122.9M127.8M129.9M69.6M
Liabilities And Stockholders Equity807.3M733.1M1.5B1.4B980.2M1.0B
Non Current Liabilities Total130.5M126.6M528.7M543.0M414.7M435.4M
Inventory111.1M116.7M92.9M137.8M152.4M160.0M
Other Current Assets19.0M33.1M42.7M33.8M36.6M38.4M
Other Stockholder Equity1.4B1.4B1.5B1.5B1.6B1.7B
Total Liab293.4M302.3M706.7M695.8M559.7M587.7M
Property Plant And Equipment Gross129.8M124.0M57.3M101.7M117.0M122.8M
Total Current Assets373.2M357.5M1.0B834.2M622.7M653.9M
Accumulated Other Comprehensive Income(37.0M)(8.5M)(37.7M)(53.8M)(44.6M)(42.4M)
Short Term Debt12.1M11.6M8.3M10.1M9.9M10.4M
Accounts Payable49.9M45.2M57.4M53.8M49.8M27.7M
Intangible Assets48.3M28.1M45.8M90.2M62.7M55.3M
Other Liab49.8M58.9M34.4M51.8M59.6M62.6M
Other Assets24.5M110.3M22.3M36.0M41.4M43.5M
Long Term Debt45.2M19.2M446.9M449.5M516.9M542.8M
Common Stock Total Equity117K120K128K131K150.7K158.2K
Treasury Stock(8.2M)(15.6M)(18.8M)(22.6M)(20.3M)(19.3M)
Common Stock117K120K128K131K134K74.1K
Property Plant Equipment92.9M75.4M103.6M101.7M117.0M122.8M
Current Deferred Revenue37.9M38.1M35.3M33.4M30.4M26.6M
Good Will223.2M161.8M345.6M385.3M107.2M183.0M
Net Tangible Assets250.6M402.6M451.0M276.2M317.6M342.6M
Retained Earnings Total Equity(793.7M)(943.3M)(621.3M)(744.0M)(669.6M)(703.0M)
Long Term Debt Total45.2M29.4M446.9M449.5M516.9M542.8M

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When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' 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 3D Systems' future performance. For an informed investment choice regarding DDD Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.
Note that the 3D Systems information on this page should be used as a complementary analysis to other 3D Systems' 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is 3D Systems' 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 3D Systems. If investors know DDD 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 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.85)
Revenue Per Share
3.756
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.05)
Return On Equity
(0.63)
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' 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 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' 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 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' 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.