002138 Stock | | | 31.25 0.35 1.13% |
Shenzhen Sunlord financial indicator trend analysis is much more than just breaking down Shenzhen Sunlord Ele prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunlord Ele is a good investment. Please check the relationship between Shenzhen Sunlord Long Term Debt and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunlord Electronics. 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.
Long Term Debt vs Other Assets
Long Term Debt vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Sunlord Ele Long Term Debt account and
Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Sunlord's Long Term Debt and Other Assets is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Shenzhen Sunlord Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunlord's Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Shenzhen Sunlord Electronics are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Shenzhen Sunlord's Long Term Debt and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Shenzhen Sunlord Ele has held for over one year. Long-term debt appears on Shenzhen Sunlord Electronics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shenzhen Sunlord Electronics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Assets
Most indicators from Shenzhen Sunlord's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunlord Ele 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 Sunlord Electronics. 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.
As of December 18, 2024,
Selling General Administrative is expected to decline to about 110.2
M. In addition to that,
Tax Provision is expected to decline to about 72.4
MShenzhen Sunlord fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Sunlord Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Sunlord fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Sunlord Ele at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Sunlord Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Sunlord 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.