Sanquan Change To Account Receivables vs Other Non Cash Items Analysis

002216 Stock   11.37  0.21  1.81%   
Sanquan Food financial indicator trend analysis is much more than just breaking down Sanquan Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanquan Food is a good investment. Please check the relationship between Sanquan Food Change To Account Receivables and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sanquan Food Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanquan Food Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sanquan Food's Change To Account Receivables and Other Non Cash Items is 0.21. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Sanquan Food Co, assuming nothing else is changed. The correlation between historical values of Sanquan Food's Change To Account Receivables and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Sanquan Food Co are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., Sanquan Food's Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Account Receivables

Other Non Cash Items

Most indicators from Sanquan Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanquan Food 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 Sanquan Food Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 1 B, whereas Tax Provision is forecasted to decline to about 127.5 M.
 2022 2023 2024 2025 (projected)
Income Before Tax1.0B957.7M1.1B1.2B
Cost Of Revenue5.3B5.2B6.0B6.3B

Sanquan Food fundamental ratios Correlations

0.130.80.980.870.980.710.630.9-0.370.570.910.7-0.040.80.850.860.74-0.890.830.690.860.770.750.660.77
0.130.51-0.020.330.010.580.60.19-0.250.220.170.590.560.51-0.150.230.4-0.170.10.350.41-0.23-0.530.180.51
0.80.510.710.810.720.940.730.76-0.480.720.710.930.231.00.620.810.94-0.760.80.770.870.660.340.550.83
0.98-0.020.710.810.990.60.580.86-0.320.490.910.59-0.140.710.840.780.66-0.870.840.60.810.820.830.660.71
0.870.330.810.810.80.80.640.92-0.260.730.730.730.00.830.770.930.79-0.730.670.750.770.560.480.710.79
0.980.010.720.990.80.570.580.87-0.450.440.950.57-0.180.720.840.770.63-0.920.880.610.870.840.820.710.77
0.710.580.940.60.80.570.70.69-0.210.840.520.940.310.940.560.810.95-0.560.580.750.70.450.170.410.7
0.630.60.730.580.640.580.70.54-0.270.340.670.680.190.740.220.490.67-0.530.650.460.740.40.110.580.76
0.90.190.760.860.920.870.690.54-0.310.620.810.62-0.140.770.870.880.74-0.80.740.620.790.640.60.680.76
-0.37-0.25-0.48-0.32-0.26-0.45-0.21-0.27-0.310.06-0.59-0.37-0.03-0.47-0.22-0.23-0.190.69-0.65-0.42-0.7-0.52-0.28-0.5-0.7
0.570.220.720.490.730.440.840.340.620.060.270.690.080.730.660.820.84-0.330.390.660.410.40.240.260.37
0.910.170.710.910.730.950.520.670.81-0.590.270.56-0.150.710.680.640.56-0.940.910.540.940.780.680.770.85
0.70.590.930.590.730.570.940.680.62-0.370.690.560.430.920.470.720.88-0.650.610.760.730.480.210.410.72
-0.040.560.23-0.140.0-0.180.310.19-0.14-0.030.08-0.150.430.21-0.25-0.020.21-0.02-0.190.040.01-0.25-0.35-0.220.03
0.80.511.00.710.830.720.940.740.77-0.470.730.710.920.210.620.810.94-0.750.80.770.860.660.340.570.83
0.85-0.150.620.840.770.840.560.220.87-0.220.660.680.47-0.250.620.860.63-0.710.650.650.630.710.780.470.53
0.860.230.810.780.930.770.810.490.88-0.230.820.640.72-0.020.810.860.8-0.680.610.830.710.550.520.470.67
0.740.40.940.660.790.630.950.670.74-0.190.840.560.880.210.940.630.8-0.580.680.680.680.60.320.440.66
-0.89-0.17-0.76-0.87-0.73-0.92-0.56-0.53-0.80.69-0.33-0.94-0.65-0.02-0.75-0.71-0.68-0.58-0.88-0.6-0.92-0.79-0.7-0.7-0.83
0.830.10.80.840.670.880.580.650.74-0.650.390.910.61-0.190.80.650.610.68-0.880.570.920.920.660.750.82
0.690.350.770.60.750.610.750.460.62-0.420.660.540.760.040.770.650.830.68-0.60.570.70.480.380.370.71
0.860.410.870.810.770.870.70.740.79-0.70.410.940.730.010.860.630.710.68-0.920.920.70.740.50.740.94
0.77-0.230.660.820.560.840.450.40.64-0.520.40.780.48-0.250.660.710.550.6-0.790.920.480.740.830.620.6
0.75-0.530.340.830.480.820.170.110.6-0.280.240.680.21-0.350.340.780.520.32-0.70.660.380.50.830.440.36
0.660.180.550.660.710.710.410.580.68-0.50.260.770.41-0.220.570.470.470.44-0.70.750.370.740.620.440.77
0.770.510.830.710.790.770.70.760.76-0.70.370.850.720.030.830.530.670.66-0.830.820.710.940.60.360.77
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Sanquan Food Account Relationship Matchups

Sanquan Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.0B6.6B7.5B7.5B8.6B9.1B
Other Current Liab1.3B1.4B1.7B98.3M113.0M107.3M
Total Current Liabilities2.7B3.0B3.4B2.9B3.4B1.8B
Total Stockholder Equity3.0B3.2B3.9B4.3B5.0B5.2B
Other Liab184.2M283.7M342.2M248.4M285.6M299.9M
Retained Earnings1.9B2.1B2.7B2.9B3.3B3.5B
Accounts Payable1.2B1.4B1.4B1.2B1.4B905.9M
Cash1.0B1.1B1.5B814.7M936.9M693.3M
Other Assets132.3M244.1M213.9M210.8M242.4M254.5M
Net Receivables307.8M489.3M390.4M450.3M517.8M351.5M
Short Term Investments849.7M905.3M1.4B1.0B1.2B1.2B
Inventory1.2B1.3B1.2B1.1B1.3B824.9M
Other Current Assets107.9M134.0M94.3M45.3M52.0M49.4M
Total Liab3.0B3.3B3.7B3.2B3.7B2.0B
Intangible Assets213.0M234.6M227.7M385.8M443.7M465.8M
Property Plant Equipment1.8B1.8B1.9B2.0B2.3B1.2B
Net Tangible Assets2.0B2.8B3.0B3.6B4.2B2.5B
Total Current Assets3.6B3.9B4.7B3.6B4.1B3.4B
Non Current Assets Total2.4B2.7B2.9B4.0B4.6B2.8B
Non Currrent Assets Other153.2M40.3M46.6M860.9M990.0M1.0B
Non Current Liabilities Total283.7M369.0M270.5M266.0M305.9M274.7M
Net Invested Capital3.0B3.2B4.0B4.4B5.1B3.3B
Net Working Capital891.8M933.5M1.3B646.3M743.2M680.7M
Property Plant And Equipment Net1.8B1.9B2.0B1.9B2.2B2.1B
Property Plant And Equipment Gross2.9B3.0B2.0B3.0B2.7B2.2B
Non Current Liabilities Other89.2M156.3M50.3M30.8M35.5M33.7M

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Other Information on Investing in Sanquan Stock

Balance Sheet is a snapshot of the financial position of Sanquan Food at a specified time, usually calculated after every quarter, six months, or one year. Sanquan Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sanquan Food 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 Sanquan currently owns. An asset can also be divided into two categories, current and non-current.