Shift4 Cash And Short Term Investments vs Accounts Payable Analysis
FOUR Stock | USD 72.53 2.81 4.03% |
Shift4 Payments financial indicator trend analysis is much more than just breaking down Shift4 Payments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shift4 Payments is a good investment. Please check the relationship between Shift4 Payments Cash And Short Term Investments and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shift4 Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.
Cash And Short Term Investments vs Accounts Payable
Cash And Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shift4 Payments Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shift4 Payments' Cash And Short Term Investments and Accounts Payable is 0.65. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Shift4 Payments, assuming nothing else is changed. The correlation between historical values of Shift4 Payments' Cash And Short Term Investments 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 Cash And Short Term Investments of Shift4 Payments 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 Cash And Short Term Investments i.e., Shift4 Payments' Cash And Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Shift4 Payments balance sheet. This account contains Shift4 Payments investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shift4 Payments fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Accounts Payable
An accounting item on the balance sheet that represents Shift4 Payments 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 Shift4 Payments 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 Shift4 Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shift4 Payments 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 Shift4 Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.At this time, Shift4 Payments' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/08/2024, Enterprise Value is likely to grow to about 6 B, while Tax Provision is likely to drop (1.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 104.4M | 149.1M | 214.6M | 125.8M | Interest Income | 28M | 6.6M | 31.9M | 27.4M |
Shift4 Payments fundamental ratios Correlations
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Shift4 Payments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shift4 Payments fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 788M | 1.8B | 2.3B | 2.6B | 3.4B | 2.1B | |
Short Long Term Debt Total | 640.4M | 1.0B | 1.8B | 1.8B | 1.8B | 1.4B | |
Other Current Liab | 60.9M | 30.1M | 42.9M | 80M | 471.4M | 495.0M | |
Total Current Liabilities | 129.9M | 99.4M | 183.8M | 268.3M | 704.4M | 739.6M | |
Total Stockholder Equity | (28.9M) | 459.6M | 272.8M | 347.3M | 653.3M | 686.0M | |
Other Liab | 8.9M | 4.5M | 2.7M | 45.1M | 51.9M | 54.5M | |
Net Tangible Assets | (663.4M) | (203.7M) | (453.4M) | (998.4M) | (898.6M) | (943.5M) | |
Property Plant And Equipment Net | 15.4M | 51.7M | 95.3M | 122.5M | 51.4M | 66.5M | |
Current Deferred Revenue | 5.6M | 7.8M | 15M | 16.3M | 20.6M | 12.8M | |
Net Debt | 636.7M | 78.5M | 529.7M | 988.8M | 1.3B | 752.4M | |
Retained Earnings | (178.4M) | (278.7M) | (325.3M) | (363.6M) | (346.7M) | (364.0M) | |
Accounts Payable | 58.1M | 60.6M | 121.1M | 166.7M | 204.6M | 120.1M | |
Cash | 3.7M | 927.8M | 1.2B | 776.5M | 455M | 623.2M | |
Non Current Assets Total | 681.6M | 745.8M | 889M | 1.6B | 2.2B | 1.2B | |
Non Currrent Assets Other | 25.1M | 30.8M | 37M | 339.2M | 460.8M | 483.8M | |
Other Assets | 31.7M | 68M | 37M | 10.9M | 9.8M | 9.3M | |
Long Term Debt | 635.1M | 1.0B | 1.7B | 1.7B | 1.8B | 1.4B | |
Cash And Short Term Investments | 3.7M | 927.8M | 1.2B | 776.5M | 455M | 623.2M | |
Net Receivables | 85.9M | 94.2M | 208.2M | 196.9M | 256.8M | 164.6M | |
Good Will | 421.3M | 477M | 537.7M | 735M | 1.1B | 673.6M | |
Common Stock Shares Outstanding | 45.9M | 45.0M | 54.9M | 82.8M | 59.0M | 59.9M | |
Long Term Debt Total | 635.1M | 1.0B | 1.7B | 1.7B | 2.0B | 1.2B | |
Liabilities And Stockholders Equity | 788M | 1.8B | 2.3B | 2.6B | 3.4B | 2.1B | |
Non Current Liabilities Total | 687M | 1.0B | 1.8B | 1.8B | 1.8B | 1.4B | |
Capital Surpluse | 149.2M | 738.3M | 619.2M | 702.6M | 808.0M | 520.0M | |
Inventory | 8.5M | 1.5M | 3.5M | 4.8M | 3.4M | 3.6M | |
Other Current Assets | 200K | 1M | 300K | 3M | 438.1M | 460.0M | |
Other Stockholder Equity | 149.2M | 738.3M | 598.1M | 702.6M | 985.9M | 615.4M | |
Total Liab | 816.9M | 1.1B | 1.9B | 2.1B | 2.5B | 1.7B | |
Deferred Long Term Liab | 26.4M | 30.2M | 35.1M | 36.1M | 41.5M | 36.0M | |
Net Invested Capital | 611.5M | 1.5B | 2.0B | 2.1B | 2.4B | 1.7B | |
Property Plant And Equipment Gross | 15.4M | 51.7M | 128.1M | 173.5M | 262.2M | 275.3M | |
Total Current Assets | 106.4M | 1.0B | 1.5B | 991.7M | 1.2B | 881.6M | |
Non Current Liabilities Other | 4.8M | 1.7M | 2.4M | 26.5M | 17.3M | 10.3M | |
Net Working Capital | (23.5M) | 934.1M | 1.3B | 723.4M | 448.9M | 609.6M | |
Intangible Assets | 213.2M | 186.3M | 188.5M | 306.8M | 548.8M | 307.0M |
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When running Shift4 Payments' price analysis, check to measure Shift4 Payments' 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 Shift4 Payments is operating at the current time. Most of Shift4 Payments' value examination focuses on studying past and present price action to predict the probability of Shift4 Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shift4 Payments' price. Additionally, you may evaluate how the addition of Shift4 Payments to your portfolios can decrease your overall portfolio volatility.