Sanquan Depreciation vs Change In Cash 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 Depreciation and its Change In Cash 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.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanquan Food Depreciation account and Change In Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sanquan Food's Depreciation and Change In Cash is -0.59. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash 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 Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Sanquan Food Co are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Sanquan Food's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Sanquan Food value has been used up. For tax purposes Sanquan Food can deduct the cost of the tangible assets it purchases as business expenses. However, Sanquan Food Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Cash

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 Tax	1.0B	957.7M	1.1B	1.2B
Cost Of Revenue	5.3B	5.2B	6.0B	6.3B

Income Before Tax Cost Of Revenue

Sanquan Food fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Good Will	Net Tangible Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.13	0.8	0.98	0.87	0.98	0.71	0.63	0.9	-0.37	0.57	0.91	0.7	-0.04	0.8	0.85	0.86	0.74	-0.89	0.83	0.69	0.86	0.77	0.75	0.66	0.77
Other Current Liab	0.13		0.51	-0.02	0.33	0.01	0.58	0.6	0.19	-0.25	0.22	0.17	0.59	0.56	0.51	-0.15	0.23	0.4	-0.17	0.1	0.35	0.41	-0.23	-0.53	0.18	0.51
Total Current Liabilities	0.8	0.51		0.71	0.81	0.72	0.94	0.73	0.76	-0.48	0.72	0.71	0.93	0.23	1.0	0.62	0.81	0.94	-0.76	0.8	0.77	0.87	0.66	0.34	0.55	0.83
Total Stockholder Equity	0.98	-0.02	0.71		0.81	0.99	0.6	0.58	0.86	-0.32	0.49	0.91	0.59	-0.14	0.71	0.84	0.78	0.66	-0.87	0.84	0.6	0.81	0.82	0.83	0.66	0.71
Other Liab	0.87	0.33	0.81	0.81		0.8	0.8	0.64	0.92	-0.26	0.73	0.73	0.73	0.0	0.83	0.77	0.93	0.79	-0.73	0.67	0.75	0.77	0.56	0.48	0.71	0.79
Retained Earnings	0.98	0.01	0.72	0.99	0.8		0.57	0.58	0.87	-0.45	0.44	0.95	0.57	-0.18	0.72	0.84	0.77	0.63	-0.92	0.88	0.61	0.87	0.84	0.82	0.71	0.77
Accounts Payable	0.71	0.58	0.94	0.6	0.8	0.57		0.7	0.69	-0.21	0.84	0.52	0.94	0.31	0.94	0.56	0.81	0.95	-0.56	0.58	0.75	0.7	0.45	0.17	0.41	0.7
Cash	0.63	0.6	0.73	0.58	0.64	0.58	0.7		0.54	-0.27	0.34	0.67	0.68	0.19	0.74	0.22	0.49	0.67	-0.53	0.65	0.46	0.74	0.4	0.11	0.58	0.76
Other Assets	0.9	0.19	0.76	0.86	0.92	0.87	0.69	0.54		-0.31	0.62	0.81	0.62	-0.14	0.77	0.87	0.88	0.74	-0.8	0.74	0.62	0.79	0.64	0.6	0.68	0.76
Long Term Debt	-0.37	-0.25	-0.48	-0.32	-0.26	-0.45	-0.21	-0.27	-0.31		0.06	-0.59	-0.37	-0.03	-0.47	-0.22	-0.23	-0.19	0.69	-0.65	-0.42	-0.7	-0.52	-0.28	-0.5	-0.7
Net Receivables	0.57	0.22	0.72	0.49	0.73	0.44	0.84	0.34	0.62	0.06		0.27	0.69	0.08	0.73	0.66	0.82	0.84	-0.33	0.39	0.66	0.41	0.4	0.24	0.26	0.37
Short Term Investments	0.91	0.17	0.71	0.91	0.73	0.95	0.52	0.67	0.81	-0.59	0.27		0.56	-0.15	0.71	0.68	0.64	0.56	-0.94	0.91	0.54	0.94	0.78	0.68	0.77	0.85
Inventory	0.7	0.59	0.93	0.59	0.73	0.57	0.94	0.68	0.62	-0.37	0.69	0.56		0.43	0.92	0.47	0.72	0.88	-0.65	0.61	0.76	0.73	0.48	0.21	0.41	0.72
Other Current Assets	-0.04	0.56	0.23	-0.14	0.0	-0.18	0.31	0.19	-0.14	-0.03	0.08	-0.15	0.43		0.21	-0.25	-0.02	0.21	-0.02	-0.19	0.04	0.01	-0.25	-0.35	-0.22	0.03
Total Liab	0.8	0.51	1.0	0.71	0.83	0.72	0.94	0.74	0.77	-0.47	0.73	0.71	0.92	0.21		0.62	0.81	0.94	-0.75	0.8	0.77	0.86	0.66	0.34	0.57	0.83
Intangible Assets	0.85	-0.15	0.62	0.84	0.77	0.84	0.56	0.22	0.87	-0.22	0.66	0.68	0.47	-0.25	0.62		0.86	0.63	-0.71	0.65	0.65	0.63	0.71	0.78	0.47	0.53
Common Stock	0.86	0.23	0.81	0.78	0.93	0.77	0.81	0.49	0.88	-0.23	0.82	0.64	0.72	-0.02	0.81	0.86		0.8	-0.68	0.61	0.83	0.71	0.55	0.52	0.47	0.67
Property Plant Equipment	0.74	0.4	0.94	0.66	0.79	0.63	0.95	0.67	0.74	-0.19	0.84	0.56	0.88	0.21	0.94	0.63	0.8		-0.58	0.68	0.68	0.68	0.6	0.32	0.44	0.66
Good Will	-0.89	-0.17	-0.76	-0.87	-0.73	-0.92	-0.56	-0.53	-0.8	0.69	-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
Net Tangible Assets	0.83	0.1	0.8	0.84	0.67	0.88	0.58	0.65	0.74	-0.65	0.39	0.91	0.61	-0.19	0.8	0.65	0.61	0.68	-0.88		0.57	0.92	0.92	0.66	0.75	0.82
Long Term Investments	0.69	0.35	0.77	0.6	0.75	0.61	0.75	0.46	0.62	-0.42	0.66	0.54	0.76	0.04	0.77	0.65	0.83	0.68	-0.6	0.57		0.7	0.48	0.38	0.37	0.71
Total Current Assets	0.86	0.41	0.87	0.81	0.77	0.87	0.7	0.74	0.79	-0.7	0.41	0.94	0.73	0.01	0.86	0.63	0.71	0.68	-0.92	0.92	0.7		0.74	0.5	0.74	0.94
Non Current Assets Total	0.77	-0.23	0.66	0.82	0.56	0.84	0.45	0.4	0.64	-0.52	0.4	0.78	0.48	-0.25	0.66	0.71	0.55	0.6	-0.79	0.92	0.48	0.74		0.83	0.62	0.6
Non Currrent Assets Other	0.75	-0.53	0.34	0.83	0.48	0.82	0.17	0.11	0.6	-0.28	0.24	0.68	0.21	-0.35	0.34	0.78	0.52	0.32	-0.7	0.66	0.38	0.5	0.83		0.44	0.36
Non Current Liabilities Total	0.66	0.18	0.55	0.66	0.71	0.71	0.41	0.58	0.68	-0.5	0.26	0.77	0.41	-0.22	0.57	0.47	0.47	0.44	-0.7	0.75	0.37	0.74	0.62	0.44		0.77
Short Long Term Debt	0.77	0.51	0.83	0.71	0.79	0.77	0.7	0.76	0.76	-0.7	0.37	0.85	0.72	0.03	0.83	0.53	0.67	0.66	-0.83	0.82	0.71	0.94	0.6	0.36	0.77

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Sanquan Food Account Relationship Matchups

Sanquan Food fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.0B	6.6B	7.5B	7.5B	8.6B	9.1B
Other Current Liab	1.3B	1.4B	1.7B	98.3M	113.0M	107.3M
Total Current Liabilities	2.7B	3.0B	3.4B	2.9B	3.4B	1.8B
Total Stockholder Equity	3.0B	3.2B	3.9B	4.3B	5.0B	5.2B
Other Liab	184.2M	283.7M	342.2M	248.4M	285.6M	299.9M
Retained Earnings	1.9B	2.1B	2.7B	2.9B	3.3B	3.5B
Accounts Payable	1.2B	1.4B	1.4B	1.2B	1.4B	905.9M
Cash	1.0B	1.1B	1.5B	814.7M	936.9M	693.3M
Other Assets	132.3M	244.1M	213.9M	210.8M	242.4M	254.5M
Net Receivables	307.8M	489.3M	390.4M	450.3M	517.8M	351.5M
Short Term Investments	849.7M	905.3M	1.4B	1.0B	1.2B	1.2B
Inventory	1.2B	1.3B	1.2B	1.1B	1.3B	824.9M
Other Current Assets	107.9M	134.0M	94.3M	45.3M	52.0M	49.4M
Total Liab	3.0B	3.3B	3.7B	3.2B	3.7B	2.0B
Intangible Assets	213.0M	234.6M	227.7M	385.8M	443.7M	465.8M
Property Plant Equipment	1.8B	1.8B	1.9B	2.0B	2.3B	1.2B
Net Tangible Assets	2.0B	2.8B	3.0B	3.6B	4.2B	2.5B
Total Current Assets	3.6B	3.9B	4.7B	3.6B	4.1B	3.4B
Non Current Assets Total	2.4B	2.7B	2.9B	4.0B	4.6B	2.8B
Non Currrent Assets Other	153.2M	40.3M	46.6M	860.9M	990.0M	1.0B
Non Current Liabilities Total	283.7M	369.0M	270.5M	266.0M	305.9M	274.7M
Net Invested Capital	3.0B	3.2B	4.0B	4.4B	5.1B	3.3B
Net Working Capital	891.8M	933.5M	1.3B	646.3M	743.2M	680.7M
Property Plant And Equipment Net	1.8B	1.9B	2.0B	1.9B	2.2B	2.1B
Property Plant And Equipment Gross	2.9B	3.0B	2.0B	3.0B	2.7B	2.2B
Non Current Liabilities Other	89.2M	156.3M	50.3M	30.8M	35.5M	33.7M

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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.

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Sanquan Depreciation vs Change In Cash Analysis

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

Correlation Coefficient

Depreciation

Change In Cash

Sanquan Food fundamental ratios Correlations

Sanquan Food Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sanquan Food fundamental ratios Accounts

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets
Short Term Investments	+ 0.95	Retained Earnings
Property Plant Equipment	+ 0.95	Accounts Payable

Good Will	- 0.94	Short Term Investments
Total Current Assets	- 0.92	Good Will
Good Will	- 0.92	Retained Earnings
Good Will	- 0.89	Total Assets
Net Tangible Assets	- 0.88	Good Will
Good Will	- 0.87	Total Stockholder Equity