Akoustis Accounts Payable vs Retained Earnings Total Equity Analysis

AKTS Stock

USD 0.07 0.01 15.03%

Akoustis Technologies financial indicator trend analysis is way more than just evaluating Akoustis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akoustis Technologies is a good investment. Please check the relationship between Akoustis Technologies Accounts Payable and its Retained Earnings Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akoustis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.

Accounts Payable vs Retained Earnings Total Equity

Accounts Payable vs Retained Earnings Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akoustis Technologies Accounts Payable account and Retained Earnings Total Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Akoustis Technologies' Accounts Payable and Retained Earnings Total Equity is -0.96. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings Total Equity in the same time period over historical financial statements of Akoustis Technologies, assuming nothing else is changed. The correlation between historical values of Akoustis Technologies' Accounts Payable and Retained Earnings Total Equity 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 Akoustis Technologies are associated (or correlated) with its Retained Earnings Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings Total Equity has no effect on the direction of Accounts Payable i.e., Akoustis Technologies' Accounts Payable and Retained Earnings Total Equity go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Akoustis Technologies 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 Akoustis Technologies 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.

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.

Most indicators from Akoustis Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akoustis Technologies 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 Akoustis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.At this time, Akoustis Technologies' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 34.3 M in 2024, whereas Tax Provision is likely to drop (2.3 M) in 2024.

Akoustis Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Retained Earnings Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Stockholder Equity	Non Current Liabilities Other	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets
Total Assets		0.81	0.96	0.97	-0.3	-0.98	0.82	0.82	0.98	0.89	0.92	0.87	-0.32	0.98	0.83	-0.98	0.98	0.99	0.99	-0.04	0.95	0.98	0.95	0.96	0.17	0.15
Short Long Term Debt Total	0.81		0.88	0.67	0.16	-0.83	0.47	0.47	0.85	0.93	0.93	0.54	0.08	0.85	0.45	-0.83	0.85	0.82	0.82	0.32	0.87	0.88	0.89	0.89	0.26	0.24
Total Current Liabilities	0.96	0.88		0.88	-0.03	-0.97	0.63	0.63	0.99	0.94	0.97	0.71	-0.29	0.99	0.65	-0.97	0.99	0.98	0.98	0.02	1.0	0.99	0.98	1.0	0.08	0.07
Total Stockholder Equity	0.97	0.67	0.88		-0.51	-0.93	0.9	0.9	0.92	0.76	0.8	0.93	-0.32	0.92	0.92	-0.93	0.92	0.95	0.95	-0.08	0.87	0.91	0.86	0.87	0.1	0.09
Net Debt	-0.3	0.16	-0.03	-0.51		0.2	-0.75	-0.75	-0.17	0.12	0.08	-0.66	0.12	-0.16	-0.76	0.2	-0.14	-0.23	-0.23	0.2	-0.03	-0.12	-0.02	-0.01	-0.1	-0.1
Retained Earnings	-0.98	-0.83	-0.97	-0.93	0.2		-0.77	-0.77	-0.98	-0.91	-0.94	-0.83	0.32	-0.98	-0.78	1.0	-0.98	-0.98	-0.98	0.02	-0.96	-0.98	-0.96	-0.97	-0.16	-0.15
Cash	0.82	0.47	0.63	0.9	-0.75	-0.77		1.0	0.72	0.56	0.58	0.99	-0.29	0.71	0.98	-0.77	0.71	0.76	0.76	-0.13	0.62	0.7	0.63	0.62	0.31	0.3
Cash And Short Term Investments	0.82	0.47	0.63	0.9	-0.75	-0.77	1.0		0.72	0.56	0.58	0.99	-0.29	0.71	0.98	-0.77	0.71	0.76	0.76	-0.13	0.62	0.7	0.63	0.62	0.31	0.3
Common Stock Total Equity	0.98	0.85	0.99	0.92	-0.17	-0.98	0.72	0.72		0.91	0.94	0.78	-0.27	1.0	0.74	-0.98	1.0	0.99	0.99	-0.02	0.99	0.99	0.96	0.98	0.15	0.14
Non Current Liabilities Total	0.89	0.93	0.94	0.76	0.12	-0.91	0.56	0.56	0.91		1.0	0.63	-0.26	0.92	0.53	-0.91	0.93	0.9	0.9	0.05	0.93	0.95	0.95	0.95	0.3	0.29
Total Liab	0.92	0.93	0.97	0.8	0.08	-0.94	0.58	0.58	0.94	1.0		0.66	-0.27	0.95	0.57	-0.94	0.95	0.93	0.93	0.04	0.96	0.97	0.97	0.98	0.25	0.23
Total Current Assets	0.87	0.54	0.71	0.93	-0.66	-0.83	0.99	0.99	0.78	0.63	0.66		-0.3	0.77	0.98	-0.83	0.77	0.82	0.82	-0.1	0.69	0.77	0.71	0.7	0.28	0.26
Short Term Debt	-0.32	0.08	-0.29	-0.32	0.12	0.32	-0.29	-0.29	-0.27	-0.26	-0.27	-0.3		-0.28	-0.28	0.33	-0.3	-0.32	-0.32	0.72	-0.28	-0.29	-0.31	-0.28	-0.01	-0.02
Common Stock	0.98	0.85	0.99	0.92	-0.16	-0.98	0.71	0.71	1.0	0.92	0.95	0.77	-0.28		0.73	-0.98	0.99	0.99	0.99	0.01	0.99	0.99	0.96	0.98	0.14	0.13
Net Tangible Assets	0.83	0.45	0.65	0.92	-0.76	-0.78	0.98	0.98	0.74	0.53	0.57	0.98	-0.28	0.73		-0.78	0.73	0.78	0.78	-0.13	0.64	0.72	0.64	0.64	0.18	0.17
Retained Earnings Total Equity	-0.98	-0.83	-0.97	-0.93	0.2	1.0	-0.77	-0.77	-0.98	-0.91	-0.94	-0.83	0.33	-0.98	-0.78		-0.98	-0.98	-0.98	0.02	-0.96	-0.98	-0.96	-0.97	-0.16	-0.15
Common Stock Shares Outstanding	0.98	0.85	0.99	0.92	-0.14	-0.98	0.71	0.71	1.0	0.93	0.95	0.77	-0.3	0.99	0.73	-0.98		0.99	0.99	-0.05	0.99	0.99	0.97	0.99	0.14	0.13
Capital Surpluse	0.99	0.82	0.98	0.95	-0.23	-0.98	0.76	0.76	0.99	0.9	0.93	0.82	-0.32	0.99	0.78	-0.98	0.99		1.0	-0.03	0.98	0.99	0.96	0.98	0.11	0.1
Other Stockholder Equity	0.99	0.82	0.98	0.95	-0.23	-0.98	0.76	0.76	0.99	0.9	0.93	0.82	-0.32	0.99	0.78	-0.98	0.99	1.0		-0.03	0.98	0.99	0.96	0.98	0.11	0.1
Non Current Liabilities Other	-0.04	0.32	0.02	-0.08	0.2	0.02	-0.13	-0.13	-0.02	0.05	0.04	-0.1	0.72	0.01	-0.13	0.02	-0.05	-0.03	-0.03		0.02	0.01	0.0	0.03	-0.03	-0.03
Other Current Liab	0.95	0.87	1.0	0.87	-0.03	-0.96	0.62	0.62	0.99	0.93	0.96	0.69	-0.28	0.99	0.64	-0.96	0.99	0.98	0.98	0.02		0.99	0.97	0.99	0.08	0.07
Property Plant And Equipment Net	0.98	0.88	0.99	0.91	-0.12	-0.98	0.7	0.7	0.99	0.95	0.97	0.77	-0.29	0.99	0.72	-0.98	0.99	0.99	0.99	0.01	0.99		0.98	0.99	0.15	0.13
Accounts Payable	0.95	0.89	0.98	0.86	-0.02	-0.96	0.63	0.63	0.96	0.95	0.97	0.71	-0.31	0.96	0.64	-0.96	0.97	0.96	0.96	0.0	0.97	0.98		0.98	0.08	0.06
Non Current Assets Total	0.96	0.89	1.0	0.87	-0.01	-0.97	0.62	0.62	0.98	0.95	0.98	0.7	-0.28	0.98	0.64	-0.97	0.99	0.98	0.98	0.03	0.99	0.99	0.98		0.08	0.07
Non Currrent Assets Other	0.17	0.26	0.08	0.1	-0.1	-0.16	0.31	0.31	0.15	0.3	0.25	0.28	-0.01	0.14	0.18	-0.16	0.14	0.11	0.11	-0.03	0.08	0.15	0.08	0.08		1.0
Other Assets	0.15	0.24	0.07	0.09	-0.1	-0.15	0.3	0.3	0.14	0.29	0.23	0.26	-0.02	0.13	0.17	-0.15	0.13	0.1	0.1	-0.03	0.07	0.13	0.06	0.07	1.0

Click cells to compare fundamentals

Akoustis Technologies Account Relationship Matchups

Akoustis Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	71.4M	125.0M	161.3M	148.9M	171.3M	179.8M
Short Long Term Debt Total	23.9M	472K	44.9M	45.4M	52.2M	54.9M
Total Current Liabilities	6.1M	7.3M	12.7M	17.6M	20.2M	21.2M
Total Stockholder Equity	41.5M	117.4M	103.4M	86.2M	99.2M	104.1M
Net Debt	(20.4M)	(87.9M)	(35.6M)	2.3M	2.1M	2.2M
Retained Earnings	(103.6M)	(147.8M)	(206.8M)	(270.4M)	(243.3M)	(231.2M)
Cash	44.3M	88.3M	80.5M	43.1M	49.6M	31.9M
Cash And Short Term Investments	44.3M	88.3M	80.5M	43.1M	49.6M	31.9M
Common Stock Total Equity	38K	51K	57K	72K	82.8K	86.9K
Liabilities And Stockholders Equity	71.4M	125.0M	161.3M	148.9M	171.3M	179.8M
Non Current Liabilities Total	23.8M	319K	45.3M	45.1M	51.9M	54.5M
Total Liab	29.9M	7.6M	57.9M	62.7M	72.1M	75.7M
Total Current Assets	46.2M	93.2M	91.7M	59.8M	68.8M	35.7M
Common Stock	38K	51K	57K	72K	82.8K	86.9K
Net Tangible Assets	41.0M	116.8M	86.4M	56.4M	64.9M	39.3M
Retained Earnings Total Equity	(103.6M)	(147.8M)	(206.8M)	(270.4M)	(243.3M)	(231.2M)
Common Stock Shares Outstanding	33.7M	43.4M	54.0M	63.6M	73.2M	76.8M
Capital Surpluse	145.1M	265.1M	310.2M	356.5M	410.0M	430.5M
Other Stockholder Equity	145.1M	265.1M	310.2M	356.5M	410.0M	430.5M
Other Current Liab	3.8M	5.8M	8.4M	13.0M	15.0M	15.8M
Property Plant And Equipment Net	24.3M	31.2M	52.3M	59.2M	68.1M	71.5M
Accounts Payable	2.1M	1.2M	3.6M	4.0M	4.6M	4.8M
Non Current Assets Total	25.2M	31.8M	69.6M	89.1M	102.4M	107.6M
Non Currrent Assets Other	382K	25K	279K	72K	82.8K	78.7K
Other Assets	382K	25K	279K	72K	82.8K	78.7K
Long Term Debt	18.2M	23.2M	43.7M	784K	901.6K	856.5K
Inventory	136K	1.4M	4.1M	7.5M	8.7M	9.1M
Other Current Assets	1.4M	2.3M	3.4M	4.4M	5.1M	5.4M
Property Plant And Equipment Gross	23.6M	31.2M	52.3M	59.2M	68.1M	71.5M
Intangible Assets	544K	572K	9.0M	15.2M	17.5M	18.4M
Property Plant Equipment	24.3M	31.2M	51.2M	57.8M	66.5M	69.8M
Deferred Long Term Liab	23.8M	319K	45.3M	43.3M	49.8M	52.3M
Net Receivables	351K	1.2M	3.8M	4.8M	5.5M	5.7M
Net Invested Capital	64.7M	117.4M	147.2M	130.3M	149.8M	85.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Akoustis Stock Analysis

When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' 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 Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC