Alphabet Accounts Payable vs Property Plant Equipment Analysis

GOOG Stock  USD 315.32  1.52  0.48%   
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class C prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class C is a good investment. Please check the relationship between Alphabet Accounts Payable and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class C Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alphabet's Accounts Payable and Property Plant Equipment is 0.96. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Alphabet Inc Class C, assuming nothing else is changed. The correlation between historical values of Alphabet's Accounts Payable and Property Plant Equipment 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 Alphabet Inc Class C are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Alphabet's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Alphabet 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 Alphabet Class C 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.

Property Plant Equipment

Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class C 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Alphabet's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Alphabet's current Enterprise Value is estimated to increase to about 683.5 B, while Issuance Of Capital Stock is projected to decrease to roughly 760 M.
 2023 2024 2025 2026 (projected)
Total Operating Expenses89.8B91.3B105.0B110.3B
Cost Of Revenue133.3B146.3B168.3B176.7B

Alphabet fundamental ratios Correlations

0.370.40.240.090.310.30.260.280.250.27-0.210.390.350.630.270.210.630.310.490.590.360.280.230.550.22
0.371.00.820.60.990.910.970.990.980.980.691.00.980.680.980.90.640.990.990.590.940.910.980.940.04
0.41.00.820.610.980.90.960.980.980.970.661.00.980.680.980.910.640.990.980.590.930.910.980.940.05
0.240.820.820.650.810.720.810.850.860.880.540.810.790.530.880.890.250.840.790.180.660.90.860.630.04
0.090.60.610.650.570.480.550.610.660.680.40.610.550.220.670.730.040.610.540.00.460.680.660.410.0
0.310.990.980.810.570.940.980.990.980.980.760.980.980.690.970.880.640.990.970.590.960.880.980.930.01
0.30.910.90.720.480.940.870.910.880.890.80.890.880.650.880.770.670.910.920.630.950.760.890.890.26
0.260.970.960.810.550.980.870.990.970.970.750.960.970.690.970.890.580.980.950.520.920.90.970.89-0.15
0.280.990.980.850.610.990.910.990.990.990.740.980.980.670.990.930.561.00.960.510.930.930.990.89-0.01
0.250.980.980.860.660.980.880.970.990.990.730.980.970.611.00.950.510.990.940.460.890.941.00.860.0
0.270.980.970.880.680.980.890.970.990.990.720.970.960.621.00.950.50.990.940.440.890.950.990.850.02
-0.210.690.660.540.40.760.80.750.740.730.720.660.660.310.710.590.370.730.650.360.770.550.740.6-0.05
0.391.01.00.810.610.980.890.960.980.980.970.660.980.670.980.90.640.990.980.590.930.910.980.940.05
0.350.980.980.790.550.980.880.970.980.970.960.660.980.680.970.890.620.980.960.570.920.910.970.920.03
0.630.680.680.530.220.690.650.690.670.610.620.310.670.680.620.520.770.650.740.670.710.580.60.75-0.08
0.270.980.980.880.670.970.880.970.991.01.00.710.980.970.620.960.50.990.940.440.880.951.00.860.01
0.210.90.910.890.730.880.770.890.930.950.950.590.90.890.520.960.280.920.830.220.730.990.940.710.03
0.630.640.640.250.040.640.670.580.560.510.50.370.640.620.770.50.280.580.730.990.780.320.510.850.16
0.310.990.990.840.610.990.910.981.00.990.990.730.990.980.650.990.920.580.970.530.930.930.990.90.03
0.490.990.980.790.540.970.920.950.960.940.940.650.980.960.740.940.830.730.970.690.960.850.940.970.07
0.590.590.590.180.00.590.630.520.510.460.440.360.590.570.670.440.220.990.530.690.750.250.460.820.2
0.360.940.930.660.460.960.950.920.930.890.890.770.930.920.710.880.730.780.930.960.750.730.90.960.06
0.280.910.910.90.680.880.760.90.930.940.950.550.910.910.580.950.990.320.930.850.250.730.940.73-0.01
0.230.980.980.860.660.980.890.970.991.00.990.740.980.970.61.00.940.510.990.940.460.90.940.860.0
0.550.940.940.630.410.930.890.890.890.860.850.60.940.920.750.860.710.850.90.970.820.960.730.860.11
0.220.040.050.040.00.010.26-0.15-0.010.00.02-0.050.050.03-0.080.010.030.160.030.070.20.06-0.010.00.11
Click cells to compare fundamentals

Alphabet Account Relationship Matchups

Alphabet fundamental ratios Accounts

202120222023202420252026 (projected)
Common Stock Shares Outstanding13.6B13.2B12.7B12.4B14.3B13.4B
Total Assets359.3B365.3B402.4B450.3B517.8B543.7B
Total Stockholder Equity251.6B256.1B283.4B325.1B373.8B392.5B
Other Assets3.1B5.0B1M11.9B13.7B14.3B
Liabilities And Stockholders Equity359.3B365.3B402.4B450.3B517.8B543.7B
Other Stockholder Equity(1.6B)68.2B(63.7B)84.8B97.5B102.4B
Total Liab107.6B109.1B119.0B125.2B143.9B151.1B
Short Long Term Debt Total26.2B27.2B27.1B25.5B29.3B30.7B
Other Current Liab52.7B51.0B64.6B64.4B74.1B77.8B
Total Current Liabilities64.3B69.3B81.8B89.1B102.5B107.6B
Property Plant And Equipment Net110.6B127.0B148.4B184.6B212.3B222.9B
Current Deferred Revenue3.3B3.9B4.1B5.0B5.8B6.1B
Net Debt5.3B5.3B3.1B2.0B2.3B2.4B
Retained Earnings191.5B195.6B211.2B245.1B281.8B295.9B
Accounts Payable6.0B5.1B7.5B8.0B9.2B9.6B
Cash20.9B21.9B24.0B23.5B27.0B14.4B
Non Current Assets Total171.1B200.5B230.9B286.5B329.5B346.0B
Non Currrent Assets Other5.4B6.6B10.1B14.9B17.1B18.0B
Cash And Short Term Investments139.6B113.8B110.9B95.7B110.0B67.6B
Net Receivables40.3B40.3B48.0B52.3B60.2B63.2B
Common Stock Total Equity50.6B58.5B61.8B68.2B78.4B82.3B
Short Term Investments118.7B91.9B86.9B72.2B83.0B53.2B
Non Current Liabilities Total43.4B39.8B37.2B36.1B41.5B43.5B
Other Current Assets7.1B8.1B12.7B15.7B18.1B19.0B
Property Plant And Equipment Gross160.0B186.1B215.9B264.0B303.6B318.8B
Total Current Assets188.1B164.8B171.5B163.7B188.3B197.7B
Accumulated Other Comprehensive Income(1.6B)(7.6B)(4.4B)(4.8B)(4.3B)(4.1B)
Short Term Debt2.2B2.5B2.8B2.9B3.3B2.6B
Intangible Assets2.0B1.4B1.4B2.1B2.4B2.2B
Common Stock61.8B68.2B76.5B84.8B97.5B102.4B
Property Plant Equipment84.6B97.0B110.6B127.0B146.1B153.4B
Good Will23.0B29.0B29.2B31.9B36.7B38.5B
Inventory999M728M1.2B2.7B3.1B3.2B
Other Liab14.5B15.2B17.2B12.6B14.5B13.6B
Net Tangible Assets178.8B199.9B227.3B225.1B258.9B174.2B
Long Term Debt14.8B12.9B11.9B10.9B12.5B8.5B
Long Term Investments29.5B30.5B31.0B38.0B43.7B45.9B
Retained Earnings Total Equity152.1B163.4B191.5B195.6B224.9B157.4B
Long Term Debt Total4.6B13.9B14.8B14.7B16.9B8.5B

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When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's 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 Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Interactive Media & Services space 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 Alphabet. If investors know Alphabet 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 Alphabet 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
0.353
Dividend Share
1.02
Earnings Share
10.12
Revenue Per Share
31.714
Quarterly Revenue Growth
0.159
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.