Success Non Current Liabilities Other vs Property Plant Equipment Analysis

002289 Stock   3.92  0.18  4.81%   
Success Electronics financial indicator trend analysis is much more than just breaking down Success Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Success Electronics is a good investment. Please check the relationship between Success Electronics Non Current Liabilities Other and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Success 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.

Non Current Liabilities Other vs Property Plant Equipment

Non Current Liabilities Other vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Success Electronics Non Current Liabilities Other account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Success Electronics' Non Current Liabilities Other and Property Plant Equipment is 0.76. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Success Electronics, assuming nothing else is changed. The correlation between historical values of Success Electronics' Non Current Liabilities Other and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Success Electronics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Liabilities Other i.e., Success Electronics' Non Current Liabilities Other and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Other

Property Plant Equipment

Most indicators from Success Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Success Electronics 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 Success 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.
The current year's Tax Provision is expected to grow to about 733.8 K, whereas Selling General Administrative is forecasted to decline to about 7.9 M.
 2023 2024 (projected)
Research Development3.4M3.3M
Minority Interest3.8M4.2M

Success Electronics fundamental ratios Correlations

0.790.980.890.040.940.950.620.930.990.90.980.6-0.350.860.910.520.510.690.65-0.060.630.690.70.70.62
0.790.760.760.00.70.790.960.620.80.830.750.14-0.260.630.67-0.010.470.460.42-0.090.410.460.480.480.4
0.980.760.770.070.970.910.570.970.950.91.00.5-0.40.840.940.550.480.710.67-0.10.650.720.730.730.63
0.890.760.77-0.030.720.910.670.680.910.770.770.69-0.190.740.70.330.50.510.48-0.020.470.50.50.510.45
0.040.00.07-0.030.03-0.1-0.010.090.070.250.060.0-0.790.080.23-0.050.670.610.57-0.060.550.60.610.610.54
0.940.70.970.720.030.880.480.970.920.850.980.54-0.30.750.880.610.390.620.58-0.080.560.620.630.630.55
0.950.790.910.91-0.10.880.640.850.940.820.910.6-0.220.750.780.450.380.540.5-0.170.460.540.590.580.43
0.620.960.570.67-0.010.480.640.40.650.710.56-0.02-0.210.520.51-0.230.440.350.33-0.060.320.350.360.360.31
0.930.620.970.680.090.970.850.40.890.840.980.53-0.380.790.910.680.40.70.64-0.120.630.70.720.730.63
0.990.80.950.910.070.920.940.650.890.870.950.65-0.360.80.870.440.590.650.61-0.10.590.660.680.680.58
0.90.830.90.770.250.850.820.710.840.870.90.31-0.440.860.870.340.540.720.69-0.030.660.730.720.720.64
0.980.751.00.770.060.980.910.560.980.950.90.51-0.40.850.940.570.470.710.67-0.090.650.720.730.730.64
0.60.140.50.690.00.540.6-0.020.530.650.310.51-0.090.430.450.590.360.330.32-0.010.310.330.330.330.3
-0.35-0.26-0.4-0.19-0.79-0.3-0.22-0.21-0.38-0.36-0.44-0.4-0.09-0.38-0.53-0.03-0.82-0.81-0.750.2-0.72-0.8-0.85-0.85-0.68
0.860.630.840.740.080.750.750.520.790.80.860.850.43-0.380.920.540.470.740.780.240.760.770.680.70.76
0.910.670.940.70.230.880.780.510.910.870.870.940.45-0.530.920.60.570.850.860.150.850.870.80.820.85
0.52-0.010.550.33-0.050.610.45-0.230.680.440.340.570.59-0.030.540.6-0.080.450.480.280.50.450.360.390.53
0.510.470.480.50.670.390.380.440.40.590.540.470.36-0.820.470.57-0.080.720.66-0.160.640.720.760.750.62
0.690.460.710.510.610.620.540.350.70.650.720.710.33-0.810.740.850.450.720.930.050.910.980.940.970.92
0.650.420.670.480.570.580.50.330.640.610.690.670.32-0.750.780.860.480.660.930.280.970.980.860.890.94
-0.06-0.09-0.1-0.02-0.06-0.08-0.17-0.06-0.12-0.1-0.03-0.09-0.010.20.240.150.28-0.160.050.280.280.1-0.23-0.170.31
0.630.410.650.470.550.560.460.320.630.590.660.650.31-0.720.760.850.50.640.910.970.280.950.830.870.97
0.690.460.720.50.60.620.540.350.70.660.730.720.33-0.80.770.870.450.720.980.980.10.950.940.960.93
0.70.480.730.50.610.630.590.360.720.680.720.730.33-0.850.680.80.360.760.940.86-0.230.830.940.990.81
0.70.480.730.510.610.630.580.360.730.680.720.730.33-0.850.70.820.390.750.970.89-0.170.870.960.990.86
0.620.40.630.450.540.550.430.310.630.580.640.640.3-0.680.760.850.530.620.920.940.310.970.930.810.86
Click cells to compare fundamentals

Success Electronics Account Relationship Matchups

Success Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets411.6M361.4M359.9M289.9M316.2M300.4M
Other Current Liab4.7M4.1M4.7M6.1M608.1K577.7K
Total Current Liabilities41.2M66.7M74.3M27.3M39.6M37.6M
Total Stockholder Equity329.8M298.2M272.2M246.8M247.9M422.8M
Retained Earnings(1.7B)(1.7B)(1.7B)(1.7B)(1.8B)(1.7B)
Accounts Payable21.2M51.1M53.1M18.5M23.9M22.7M
Cash47.2M185.2M67.4M101.9M91.5M169.5M
Other Assets6.0M4.9M3.0M3.3M3.0M2.8M
Net Receivables226.5M47.5M105.3M29.9M37.1M35.2M
Inventory28.0M23.3M40.1M17.3M19.4M18.4M
Other Current Assets1.1M3.9M4.6M949.5K3.8M3.6M
Total Liab81.8M63.2M87.7M43.1M68.3M64.9M
Property Plant Equipment102.8M121.1M112.4M89.7M80.7M76.7M
Other Liab7.9M2.5M1.8M1.1M990K940.5K
Long Term Debt50.3M41.5M32.7M14.7M13.3M12.6M
Net Tangible Assets329.8M298.2M272.2M246.8M222.1M278.4M
Non Current Assets Total108.8M101.5M142.5M120.1M152.7M195.9M
Non Currrent Assets Other485.2K102.1K212.1K232.4K94.8K90.1K
Non Current Liabilities Total40.6M2.5M13.4M15.8M28.7M33.1M
Deferred Long Term Liab838.1K401.8K1.0M985.2K886.7K842.4K
Total Current Assets302.8M259.9M217.4M169.7M163.5M250.0M
Non Current Liabilities Other50.3M41.5M32.7M121.8K109.7K104.2K
Net Invested Capital362.5M298.2M272.2M261.5M262.7M281.9M
Net Working Capital261.6M199.2M143.1M142.4M124.0M155.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Success Stock

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