Bank Other Current Liab vs Total Assets Analysis

002966 Stock   7.86  0.01  0.13%   
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 Other Current Liab and its Total Assets 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.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Suzhou Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bank of Suzhou's Other Current Liab and Total Assets is 0.87. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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 Other Current Liab and Total 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 Other Current Liab of Bank of Suzhou are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Bank of Suzhou's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Assets

Total assets refers to the total amount of Bank of Suzhou assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of Suzhou books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 November 29, 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.