Shenzhen Total Current Assets vs Net Debt Analysis

000070 Stock

5.37 0.28 4.96%

Shenzhen SDG financial indicator trend analysis is much more than just breaking down Shenzhen SDG Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SDG Information is a good investment. Please check the relationship between Shenzhen SDG Total Current Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Information. 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 Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SDG Information Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shenzhen SDG's Total Current Assets and Net Debt is 0.5. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Shenzhen SDG Information, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Total Current Assets and Net Debt 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 Current Assets of Shenzhen SDG Information are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Shenzhen SDG's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Shenzhen SDG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SDG Information 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 SDG Information. 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 Selling General Administrative is expected to grow to about 154.6 M. The current year's Tax Provision is expected to grow to about 27 M

	2022	2023	2024	2025 (projected)
Operating Income	91.8M	184.9M	212.6M	127.3M
Total Revenue	4.2B	4.9B	5.7B	6.0B

Operating Income Total Revenue

Shenzhen SDG fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.25	0.98	0.82	-0.05	0.83	0.69	0.94	0.75	0.89	0.03	0.94	0.6	0.99	0.87	0.95	0.82	0.85	0.93	0.67	0.8	0.89	0.92	0.95	0.96	0.8
Other Current Liab	0.25		0.34	0.52	0.58	0.1	0.82	-0.03	-0.13	-0.04	0.13	0.29	0.83	0.2	0.25	0.02	-0.16	0.4	0.28	0.32	-0.16	0.13	0.52	0.44	0.09	-0.14
Total Current Liabilities	0.98	0.34		0.87	0.09	0.88	0.72	0.87	0.62	0.86	-0.03	0.98	0.63	0.96	0.86	0.88	0.72	0.84	0.91	0.72	0.69	0.89	0.91	0.96	0.92	0.69
Total Stockholder Equity	0.82	0.52	0.87		0.46	0.77	0.73	0.66	0.31	0.75	0.0	0.84	0.78	0.76	0.79	0.69	0.43	0.91	0.87	0.79	0.36	0.81	0.84	0.86	0.76	0.52
Retained Earnings	-0.05	0.58	0.09	0.46		0.21	0.24	-0.27	-0.62	0.05	-0.21	0.11	0.48	-0.15	0.1	-0.21	-0.51	0.18	0.13	0.52	-0.62	0.09	0.07	0.09	-0.08	-0.47
Accounts Payable	0.83	0.1	0.88	0.77	0.21		0.41	0.75	0.39	0.88	-0.36	0.91	0.35	0.79	0.78	0.73	0.59	0.61	0.76	0.71	0.5	0.87	0.64	0.75	0.8	0.49
Cash	0.69	0.82	0.72	0.73	0.24	0.41		0.48	0.42	0.39	0.25	0.62	0.89	0.68	0.61	0.53	0.34	0.71	0.66	0.44	0.4	0.55	0.88	0.81	0.56	0.4
Other Assets	0.94	-0.03	0.87	0.66	-0.27	0.75	0.48		0.85	0.89	0.0	0.82	0.39	0.95	0.82	0.96	0.91	0.78	0.85	0.54	0.9	0.85	0.8	0.82	0.93	0.89
Long Term Debt	0.75	-0.13	0.62	0.31	-0.62	0.39	0.42	0.85		0.63	0.21	0.52	0.23	0.81	0.62	0.83	0.92	0.53	0.67	0.13	0.98	0.59	0.66	0.65	0.77	0.91
Net Receivables	0.89	-0.04	0.86	0.75	0.05	0.88	0.39	0.89	0.63		-0.17	0.82	0.38	0.86	0.84	0.9	0.76	0.72	0.89	0.7	0.68	0.91	0.7	0.79	0.93	0.72
Short Term Investments	0.03	0.13	-0.03	0.0	-0.21	-0.36	0.25	0.0	0.21	-0.17		-0.1	0.21	0.05	-0.04	0.09	-0.09	0.18	0.06	-0.07	0.18	-0.04	0.23	0.14	0.05	0.22
Inventory	0.94	0.29	0.98	0.84	0.11	0.91	0.62	0.82	0.52	0.82	-0.1		0.55	0.91	0.79	0.83	0.67	0.78	0.83	0.75	0.63	0.84	0.84	0.91	0.87	0.63
Other Current Assets	0.6	0.83	0.63	0.78	0.48	0.35	0.89	0.39	0.23	0.38	0.21	0.55		0.55	0.52	0.46	0.19	0.76	0.66	0.63	0.2	0.49	0.8	0.74	0.51	0.29
Total Liab	0.99	0.2	0.96	0.76	-0.15	0.79	0.68	0.95	0.81	0.86	0.05	0.91	0.55		0.86	0.95	0.86	0.81	0.91	0.58	0.86	0.87	0.91	0.94	0.96	0.84
Intangible Assets	0.87	0.25	0.86	0.79	0.1	0.78	0.61	0.82	0.62	0.84	-0.04	0.79	0.52	0.86		0.78	0.69	0.78	0.91	0.54	0.64	0.81	0.77	0.77	0.81	0.66
Common Stock	0.95	0.02	0.88	0.69	-0.21	0.73	0.53	0.96	0.83	0.9	0.09	0.83	0.46	0.95	0.78		0.88	0.8	0.88	0.63	0.87	0.83	0.84	0.88	0.96	0.89
Property Plant Equipment	0.82	-0.16	0.72	0.43	-0.51	0.59	0.34	0.91	0.92	0.76	-0.09	0.67	0.19	0.86	0.69	0.88		0.59	0.72	0.3	0.94	0.65	0.65	0.67	0.82	0.89
Other Liab	0.85	0.4	0.84	0.91	0.18	0.61	0.71	0.78	0.53	0.72	0.18	0.78	0.76	0.81	0.78	0.8	0.59		0.88	0.71	0.56	0.78	0.9	0.87	0.81	0.72
Good Will	0.93	0.28	0.91	0.87	0.13	0.76	0.66	0.85	0.67	0.89	0.06	0.83	0.66	0.91	0.91	0.88	0.72	0.88		0.67	0.68	0.87	0.88	0.9	0.93	0.76
Net Tangible Assets	0.67	0.32	0.72	0.79	0.52	0.71	0.44	0.54	0.13	0.7	-0.07	0.75	0.63	0.58	0.54	0.63	0.3	0.71	0.67		0.21	0.65	0.64	0.71	0.68	0.3
Deferred Long Term Liab	0.8	-0.16	0.69	0.36	-0.62	0.5	0.4	0.9	0.98	0.68	0.18	0.63	0.2	0.86	0.64	0.87	0.94	0.56	0.68	0.21		0.66	0.69	0.69	0.81	0.92
Long Term Investments	0.89	0.13	0.89	0.81	0.09	0.87	0.55	0.85	0.59	0.91	-0.04	0.84	0.49	0.87	0.81	0.83	0.65	0.78	0.87	0.65	0.66		0.79	0.85	0.91	0.7
Short Long Term Debt	0.92	0.52	0.91	0.84	0.07	0.64	0.88	0.8	0.66	0.7	0.23	0.84	0.8	0.91	0.77	0.84	0.65	0.9	0.88	0.64	0.69	0.79		0.98	0.87	0.72
Total Current Assets	0.95	0.44	0.96	0.86	0.09	0.75	0.81	0.82	0.65	0.79	0.14	0.91	0.74	0.94	0.77	0.88	0.67	0.87	0.9	0.71	0.69	0.85	0.98		0.92	0.73
Short Term Debt	0.96	0.09	0.92	0.76	-0.08	0.8	0.56	0.93	0.77	0.93	0.05	0.87	0.51	0.96	0.81	0.96	0.82	0.81	0.93	0.68	0.81	0.91	0.87	0.92		0.85
Non Current Assets Total	0.8	-0.14	0.69	0.52	-0.47	0.49	0.4	0.89	0.91	0.72	0.22	0.63	0.29	0.84	0.66	0.89	0.89	0.72	0.76	0.3	0.92	0.7	0.72	0.73	0.85

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Shenzhen SDG Account Relationship Matchups

Shenzhen SDG fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.6B	8.3B	7.9B	8.1B	9.3B	9.8B
Other Current Liab	979.3M	440.7M	50.4M	56.5M	65.0M	61.7M
Total Current Liabilities	6.0B	3.5B	3.6B	3.9B	4.5B	4.7B
Total Stockholder Equity	3.0B	2.0B	1.8B	1.9B	2.2B	1.4B
Retained Earnings	581.8M	(38.3M)	(163.6M)	(441.4M)	(507.7M)	(482.3M)
Accounts Payable	1.9B	1.2B	1.7B	1.8B	2.1B	2.2B
Cash	3.0B	1.8B	659.7M	707.5M	813.6M	628.7M
Other Assets	440.0M	673.6M	706.5M	812.7M	934.6M	981.3M
Long Term Debt	1.0B	2.1B	1.7B	1.5B	1.7B	1.8B
Net Receivables	1.6B	2.5B	2.4B	2.3B	2.6B	2.8B
Short Term Investments	60.1M	112.0M	84.3M	70M	63M	39.4M
Inventory	2.2B	942.4M	1.2B	1.6B	1.8B	1.9B
Other Current Assets	371.6M	239.7M	95.8M	86.8M	99.8M	95.7M
Total Liab	7.1B	5.8B	5.5B	5.6B	6.4B	6.8B
Intangible Assets	183.2M	184.9M	203.9M	125.7M	144.6M	151.8M
Property Plant Equipment	787.6M	757.1M	911.8M	1.2B	1.4B	1.5B
Other Liab	44.0M	137.0M	136.5M	83.8M	96.4M	51.7M
Net Tangible Assets	1.7B	2.3B	1.8B	1.3B	1.5B	1.8B
Deferred Long Term Liab	34.1M	25.1M	65.7M	86.9M	99.9M	104.9M
Short Long Term Debt	2.8B	1.6B	1.2B	1.2B	1.4B	1.3B
Total Current Assets	7.8B	5.6B	4.9B	5.2B	5.9B	5.5B
Non Current Assets Total	2.3B	2.8B	2.9B	2.9B	3.4B	2.5B
Non Currrent Assets Other	228.7M	337.0M	242.9M	229.3M	263.7M	187.5M
Non Current Liabilities Total	1.2B	2.3B	1.9B	1.7B	2.0B	1.1B
Non Current Liabilities Other	25.4M	871.4K	1.6M	2.2M	2.0M	1.9M
Common Stock Shares Outstanding	816.6M	844.6M	844.6M	900.3M	1.0B	899.8M
Other Stockholder Equity	82.2M	13.2M	104.1M	68.5M	78.8M	58.9M
Net Invested Capital	6.8B	5.7B	4.7B	4.6B	5.3B	5.2B
Net Working Capital	2.3B	2.1B	1.3B	1.3B	1.5B	1.7B
Net Debt	858.9M	1.9B	2.3B	2.0B	2.3B	1.5B
Capital Stock	816.6M	844.6M	844.6M	900.3M	1.0B	888.8M
Property Plant And Equipment Net	911.8M	1.2B	1.5B	1.5B	1.7B	1.3B
Property Plant And Equipment Gross	1.7B	2.1B	2.4B	2.5B	2.9B	2.2B

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Balance Sheet is a snapshot of the financial position of Shenzhen SDG Information at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG 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.

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Shenzhen Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

Shenzhen SDG fundamental ratios Correlations

Shenzhen SDG Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen SDG fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

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Total Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Inventory	+ 0.98	Total Current Liabilities
Deferred Long Term Liab	+ 0.98	Long Term Debt
Total Current Assets	+ 0.98	Short Long Term Debt
Short Term Debt	+ 0.96	Total Assets

Deferred Long Term Liab	- 0.62	Retained Earnings
Long Term Debt	- 0.62	Retained Earnings
Property Plant Equipment	- 0.51	Retained Earnings
Non Current Assets Total	- 0.47	Retained Earnings
Short Term Investments	- 0.36	Accounts Payable
Other Assets	- 0.27	Retained Earnings