Bank Accounts Payable vs Common Stock Shares Outstanding Analysis

002966 Stock   7.92  0.06  0.76%   
Bank of Suzhou financial indicator trend analysis is way more than just evaluating Bank of Suzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Suzhou is a good investment. Please check the relationship between Bank of Suzhou Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Suzhou. 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Suzhou Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Suzhou's Accounts Payable and Common Stock Shares Outstanding is -0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bank of Suzhou, assuming nothing else is changed. The correlation between historical values of Bank of Suzhou's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Bank of Suzhou are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Bank of Suzhou's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Bank of Suzhou obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bank of Suzhou are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bank of Suzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Suzhou 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 Bank of Suzhou. 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 1, 2024, Selling General Administrative is expected to decline to about 2.5 B. In addition to that, Tax Provision is expected to decline to about 694.2 M
 2021 2022 2023 2024 (projected)
Gross Profit10.8B11.7B23.4B24.6B
Total Revenue10.8B11.7B23.4B24.6B

Bank of Suzhou fundamental ratios Correlations

0.870.870.870.680.890.98-0.010.710.890.690.150.060.380.890.430.640.680.870.680.950.780.80.87-0.640.84
0.870.840.810.420.830.92-0.220.480.80.610.21-0.03-0.040.870.090.290.330.730.540.840.550.940.94-0.860.96
0.870.840.780.490.830.910.320.520.770.570.20.00.170.770.240.450.450.740.510.850.850.870.87-0.650.79
0.870.810.780.770.680.850.020.760.640.380.460.290.380.90.530.340.70.940.820.750.560.850.89-0.750.87
0.680.420.490.770.420.570.160.660.390.120.50.420.820.540.810.390.80.790.730.510.430.450.49-0.410.45
0.890.830.830.680.420.93-0.040.40.950.84-0.15-0.360.120.810.10.670.40.680.430.970.820.750.83-0.50.79
0.980.920.910.850.570.930.00.630.910.710.12-0.030.230.890.30.580.560.840.610.960.790.860.91-0.690.88
-0.01-0.220.320.020.16-0.040.00.08-0.11-0.190.160.170.33-0.150.290.140.190.05-0.02-0.020.48-0.04-0.080.21-0.23
0.710.480.520.760.660.40.630.080.50.30.270.560.560.70.560.460.920.820.620.590.490.510.6-0.420.57
0.890.80.770.640.390.950.91-0.110.50.94-0.29-0.350.150.80.140.790.490.660.470.970.810.690.78-0.390.74
0.690.610.570.380.120.840.71-0.190.30.94-0.59-0.58-0.010.61-0.050.820.30.40.290.830.720.490.58-0.130.54
0.150.210.20.460.5-0.150.120.160.27-0.29-0.590.780.260.170.46-0.520.190.370.38-0.1-0.180.30.22-0.630.28
0.06-0.030.00.290.42-0.36-0.030.170.56-0.35-0.580.780.420.060.52-0.350.430.310.28-0.18-0.210.040.01-0.340.06
0.38-0.040.170.380.820.120.230.330.560.15-0.010.260.420.210.770.470.820.520.40.250.34-0.010.070.070.01
0.890.870.770.90.540.810.89-0.150.70.80.610.170.060.210.270.450.620.880.650.860.610.850.94-0.70.92
0.430.090.240.530.810.10.30.290.560.14-0.050.460.520.770.270.330.670.480.790.240.290.090.13-0.130.11
0.640.290.450.340.390.670.580.140.460.790.82-0.52-0.350.470.450.330.60.450.350.730.790.20.350.170.25
0.680.330.450.70.80.40.560.190.920.490.30.190.430.820.620.670.60.820.60.570.540.380.49-0.210.42
0.870.730.740.940.790.680.840.050.820.660.40.370.310.520.880.480.450.820.660.770.610.750.85-0.630.79
0.680.540.510.820.730.430.61-0.020.620.470.290.380.280.40.650.790.350.60.660.520.390.540.56-0.480.56
0.950.840.850.750.510.970.96-0.020.590.970.83-0.1-0.180.250.860.240.730.570.770.520.840.750.84-0.520.81
0.780.550.850.560.430.820.790.480.490.810.72-0.18-0.210.340.610.290.790.540.610.390.840.560.63-0.210.51
0.80.940.870.850.450.750.86-0.040.510.690.490.30.04-0.010.850.090.20.380.750.540.750.560.96-0.840.94
0.870.940.870.890.490.830.91-0.080.60.780.580.220.010.070.940.130.350.490.850.560.840.630.96-0.790.96
-0.64-0.86-0.65-0.75-0.41-0.5-0.690.21-0.42-0.39-0.13-0.63-0.340.07-0.7-0.130.17-0.21-0.63-0.48-0.52-0.21-0.84-0.79-0.88
0.840.960.790.870.450.790.88-0.230.570.740.540.280.060.010.920.110.250.420.790.560.810.510.940.96-0.88
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Bank of Suzhou Account Relationship Matchups

Bank of Suzhou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets343.5B388.1B453.0B524.5B602.4B632.5B
Other Current Liab92.7B104.8B112.4B120.3B118.7B124.6B
Total Current Liabilities175.7B198.6B235.7B218.8B273.7B287.4B
Total Stockholder Equity27.8B29.7B32.6B38.5B39.5B24.0B
Property Plant And Equipment Net3.0B2.9B3.3B3.3B3.3B2.8B
Net Debt15.9B25.1B48.2B57.5B117.7B123.5B
Retained Earnings7.3B8.8B9.7B11.6B13.7B14.4B
Cash37.8B35.0B47.4B59.1B64.2B39.5B
Non Current Assets Total122.0B147.8B173.8B190.0B483.3B507.4B
Non Currrent Assets Other(1.8B)(2.5B)(2.6B)(3.2B)474.5B498.2B
Other Assets167.6B185.8B207.6B246.5B1.00.95
Cash And Short Term Investments37.8B35.0B47.4B59.1B3.8B3.6B
Net Receivables16.1B19.5B24.3B28.9B31.1B25.9B
Common Stock Shares Outstanding3.4B3.7B3.9B4.1B4.4B3.8B
Liabilities And Stockholders Equity343.5B388.1B453.0B524.5B602.4B632.5B
Total Liab53.7B60.1B95.5B116.6B560.7B588.7B
Total Current Assets53.9B54.5B71.6B88.0B119.1B67.1B
Intangible Assets408.4M475.8M515.1M574.3M643.3M416.2M
Short Long Term Debt Total53.7B60.1B95.5B116.6B181.9B190.9B
Non Current Liabilities Total53.7B60.1B95.5B116.6B286.9B301.3B
Other Liab1.4B2.2B2.2B2.2B2.5B1.7B
Net Tangible Assets23.1B27.4B29.3B32.1B37.0B27.9B
Inventory(86.3B)(75.5B)(95.8B)(125.2B)(34.9B)(36.6B)
Other Current Assets86.3B75.5B95.8B125.2B119.1B78.9B
Deferred Long Term Liab113.8M87.3M98.6M87.2M78.5M88.7M
Long Term Investments118.6B144.4B169.9B186.2B216.6B140.3B
Property Plant Equipment3.2B3.0B2.9B3.3B3.0B2.6B
Net Invested Capital81.5B89.8B127.8B154.9B170.0B119.7B

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Other Information on Investing in Bank Stock

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