Shenzhen Total Liab vs Total Current Liabilities Analysis

000069 Stock   2.92  0.01  0.34%   
Shenzhen Overseas financial indicator trend analysis is much more than just breaking down Shenzhen Overseas Chinese prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Overseas Chinese is a good investment. Please check the relationship between Shenzhen Overseas Total Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Overseas Chinese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Liab vs Total Current Liabilities

Total Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Overseas Chinese Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Shenzhen Overseas' Total Liab and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Shenzhen Overseas Chinese, assuming nothing else is changed. The correlation between historical values of Shenzhen Overseas' Total Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Shenzhen Overseas Chinese are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Liab i.e., Shenzhen Overseas' Total Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Shenzhen Overseas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shenzhen Overseas Chinese are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Shenzhen Overseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Overseas Chinese 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 Shenzhen Overseas Chinese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2021 2022 2023 2024 (projected)
Operating Income14.4B7.8B2.9B2.7B
Total Revenue102.6B76.8B55.7B30.8B

Shenzhen Overseas fundamental ratios Correlations

0.691.00.890.90.920.970.960.661.00.611.00.940.480.750.81-0.280.98-0.950.930.490.810.880.620.980.9
0.690.730.840.880.460.720.510.90.730.30.670.520.470.20.31-0.180.56-0.660.53-0.130.370.690.60.730.67
1.00.730.90.910.90.970.940.721.00.60.990.920.470.710.79-0.30.96-0.940.920.430.790.880.660.990.9
0.890.840.90.990.750.880.80.740.90.580.880.790.720.560.59-0.090.82-0.880.830.220.720.890.60.870.88
0.90.880.910.990.730.90.790.810.910.550.880.770.650.510.57-0.120.81-0.880.820.180.690.880.640.890.88
0.920.460.90.750.730.910.90.410.910.490.930.960.420.880.88-0.250.95-0.830.910.750.890.730.320.890.76
0.970.720.970.880.90.910.880.720.970.470.970.90.470.710.76-0.240.94-0.880.890.490.790.820.520.970.83
0.960.510.940.80.790.90.880.490.930.760.960.930.450.770.84-0.280.97-0.940.930.550.810.860.660.910.89
0.660.90.720.740.810.410.720.490.710.170.660.460.330.180.31-0.240.54-0.590.5-0.150.310.60.620.730.6
1.00.731.00.90.910.910.970.930.710.550.990.930.470.720.79-0.310.97-0.940.920.440.790.870.620.990.89
0.610.30.60.580.550.490.470.760.170.550.60.560.440.410.430.060.6-0.720.590.210.480.670.720.510.68
1.00.670.990.880.880.930.970.960.660.990.60.950.460.750.82-0.310.98-0.940.940.50.820.870.610.980.89
0.940.520.920.790.770.960.90.930.460.930.560.950.540.90.89-0.290.96-0.860.90.640.840.780.450.890.8
0.480.470.470.720.650.420.470.450.330.470.440.460.540.540.390.220.42-0.480.440.050.410.520.310.370.5
0.750.20.710.560.510.880.710.770.180.720.410.750.90.540.86-0.190.8-0.620.730.720.740.510.180.660.54
0.810.310.790.590.570.880.760.840.310.790.430.820.890.390.86-0.420.86-0.740.810.690.760.660.350.770.69
-0.28-0.18-0.3-0.09-0.12-0.25-0.24-0.28-0.24-0.310.06-0.31-0.290.22-0.19-0.42-0.310.3-0.35-0.2-0.27-0.34-0.25-0.38-0.35
0.980.560.960.820.810.950.940.970.540.970.60.980.960.420.80.86-0.31-0.930.950.60.850.840.540.960.87
-0.95-0.66-0.94-0.88-0.88-0.83-0.88-0.94-0.59-0.94-0.72-0.94-0.86-0.48-0.62-0.740.3-0.93-0.93-0.42-0.8-0.97-0.69-0.92-0.98
0.930.530.920.830.820.910.890.930.50.920.590.940.90.440.730.81-0.350.95-0.930.590.940.890.490.930.91
0.49-0.130.430.220.180.750.490.55-0.150.440.210.50.640.050.720.69-0.20.6-0.420.590.760.31-0.210.450.34
0.810.370.790.720.690.890.790.810.310.790.480.820.840.410.740.76-0.270.85-0.80.940.760.760.210.80.77
0.880.690.880.890.880.730.820.860.60.870.670.870.780.520.510.66-0.340.84-0.970.890.310.760.710.871.0
0.620.60.660.60.640.320.520.660.620.620.720.610.450.310.180.35-0.250.54-0.690.49-0.210.210.710.610.72
0.980.730.990.870.890.890.970.910.730.990.510.980.890.370.660.77-0.380.96-0.920.930.450.80.870.610.89
0.90.670.90.880.880.760.830.890.60.890.680.890.80.50.540.69-0.350.87-0.980.910.340.771.00.720.89
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Shenzhen Overseas Account Relationship Matchups

Shenzhen Overseas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets379.6B456.6B480.1B392.9B371.0B389.6B
Other Current Liab112.0B133.4B138.2B89.9B4.6B4.4B
Total Current Liabilities200.5B230.1B242.2B181.2B171.9B180.5B
Total Stockholder Equity68.6B78.4B81.2B68.9B62.0B31.5B
Retained Earnings56.5B66.5B67.0B50.2B43.6B22.8B
Accounts Payable17.2B28.5B35.4B33.1B31.3B32.8B
Cash37.5B60.5B67.6B41.6B40.1B42.2B
Other Assets20.8B34.5B29.5B31.0B35.7B37.4B
Net Receivables38.4B45.6B52.8B919.7M954.7M907.0M
Inventory185.3B250.5B247.8B196.0B178.3B187.2B
Other Current Assets32.7B9.1B7.4B22.3B20.9B21.9B
Total Liab284.6B346.2B359.3B292.3B285.0B299.2B
Intangible Assets8.9B10.5B11.9B12.0B11.2B11.8B
Property Plant Equipment17.7B20.6B27.4B30.6B35.2B37.0B
Other Liab1.5B1.5B1.7B2.2B2.5B2.6B
Long Term Debt82.7B114.4B111.9B106.8B108.8B114.2B
Good Will80.9M76.2M65.9M63.5M62.9M98.2M
Net Tangible Assets51.5B59.6B67.6B69.2B79.6B57.5B
Other Stockholder Equity(1.2B)(1.2B)(590.5M)1.9B2.2B2.3B
Deferred Long Term Liab679.8M832.0M971.1M1.3B1.5B900.2M
Short Long Term Debt23.3B12.7B5.5B4.1B6.2B10.3B
Total Current Assets298.3B372.3B386.7B294.4B277.3B271.3B
Non Current Assets Total81.3B84.3B93.4B98.6B93.7B82.8B
Non Currrent Assets Other8.6B2.9B2.0B3.1B2.4B2.8B
Non Current Liabilities Total84.2B116.1B117.0B111.1B113.1B94.8B
Net Debt68.5B66.6B49.8B69.2B74.8B65.6B
Net Invested Capital174.6B205.5B198.6B179.7B176.9B187.2B
Net Working Capital97.8B142.2B144.4B113.2B105.4B118.8B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Overseas Chinese at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Overseas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Overseas and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.