SIASUN Deferred Long Term Liab vs Other Current Assets Analysis

300024 Stock   20.69  0.30  1.47%   
SIASUN Robot financial indicator trend analysis is much more than just breaking down SIASUN Robot Automation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIASUN Robot Automation is a good investment. Please check the relationship between SIASUN Robot Deferred Long Term Liab and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SIASUN Robot Automation. 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.

Deferred Long Term Liab vs Other Current Assets

Deferred Long Term Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIASUN Robot Automation Deferred Long Term Liab account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
Deferred Long Term LiabOther Current AssetsDiversified AwayDeferred Long Term LiabOther Current AssetsDiversified Away100%
The correlation between SIASUN Robot's Deferred Long Term Liab and Other Current Assets is 0.32. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SIASUN Robot Automation, assuming nothing else is changed. The correlation between historical values of SIASUN Robot's Deferred Long Term Liab and Other Current 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 Deferred Long Term Liab of SIASUN Robot Automation are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Deferred Long Term Liab i.e., SIASUN Robot's Deferred Long Term Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from SIASUN Robot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIASUN Robot Automation 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 SIASUN Robot Automation. 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 Selling General Administrative is expected to grow to about 144.8 M, whereas Tax Provision is forecasted to decline to about 13.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit249.7M308.2M550.7M479.7M
Research Development307.3M349.3M197.7M216.4M

SIASUN Robot fundamental ratios Correlations

0.580.780.810.830.180.740.760.770.770.840.90.580.790.860.880.980.77-0.380.760.930.820.830.840.83-0.72
0.580.590.180.43-0.30.460.370.680.550.130.50.440.60.650.350.520.47-0.560.730.50.450.560.440.66-0.27
0.780.590.380.92-0.360.980.480.950.990.490.930.161.00.930.790.730.9-0.760.820.80.720.960.90.96-0.71
0.810.180.380.590.650.370.770.380.390.90.670.690.40.550.80.810.460.150.410.730.70.440.590.43-0.57
0.830.430.920.59-0.120.940.570.860.930.660.950.240.930.90.920.820.83-0.610.710.820.710.860.870.87-0.7
0.18-0.3-0.360.65-0.12-0.360.27-0.33-0.360.570.010.58-0.34-0.120.190.23-0.110.82-0.190.150.3-0.220.01-0.25-0.21
0.740.460.980.370.94-0.360.450.890.980.50.910.050.980.890.790.70.88-0.750.730.770.680.940.880.92-0.71
0.760.370.480.770.570.270.450.440.490.640.60.50.490.540.60.690.46-0.190.380.540.50.50.480.46-0.47
0.770.680.950.380.86-0.330.890.440.940.420.890.230.950.950.760.740.87-0.730.950.80.70.880.870.96-0.6
0.770.550.990.390.93-0.360.980.490.940.480.920.160.990.910.810.730.87-0.770.810.780.680.930.880.93-0.65
0.840.130.490.90.660.570.50.640.420.480.750.620.50.590.810.860.620.070.40.830.810.620.730.55-0.8
0.90.50.930.670.950.010.910.60.890.920.750.390.930.950.940.880.92-0.490.810.920.880.930.960.93-0.82
0.580.440.160.690.240.580.050.50.230.160.620.390.180.30.480.580.260.270.320.550.610.270.390.24-0.37
0.790.61.00.40.93-0.340.980.490.950.990.50.930.180.930.80.750.9-0.760.820.810.720.960.90.96-0.7
0.860.650.930.550.9-0.120.890.540.950.910.590.950.30.930.840.830.9-0.590.920.870.810.890.90.96-0.73
0.880.350.790.80.920.190.790.60.760.810.810.940.480.80.840.870.77-0.310.690.90.820.780.880.77-0.72
0.980.520.730.810.820.230.70.690.740.730.860.880.580.750.830.870.73-0.340.740.920.790.780.810.79-0.69
0.770.470.90.460.83-0.110.880.460.870.870.620.920.260.90.90.770.73-0.510.80.850.840.940.940.92-0.89
-0.38-0.56-0.760.15-0.610.82-0.75-0.19-0.73-0.770.07-0.490.27-0.76-0.59-0.31-0.34-0.51-0.59-0.34-0.14-0.64-0.43-0.690.18
0.760.730.820.410.71-0.190.730.380.950.810.40.810.320.820.920.690.740.8-0.590.790.70.780.80.9-0.53
0.930.50.80.730.820.150.770.540.80.780.830.920.550.810.870.90.920.85-0.340.790.920.880.930.87-0.82
0.820.450.720.70.710.30.680.50.70.680.810.880.610.720.810.820.790.84-0.140.70.920.820.930.8-0.89
0.830.560.960.440.86-0.220.940.50.880.930.620.930.270.960.890.780.780.94-0.640.780.880.820.940.96-0.83
0.840.440.90.590.870.010.880.480.870.880.730.960.390.90.90.880.810.94-0.430.80.930.930.940.92-0.87
0.830.660.960.430.87-0.250.920.460.960.930.550.930.240.960.960.770.790.92-0.690.90.870.80.960.92-0.75
-0.72-0.27-0.71-0.57-0.7-0.21-0.71-0.47-0.6-0.65-0.8-0.82-0.37-0.7-0.73-0.72-0.69-0.890.18-0.53-0.82-0.89-0.83-0.87-0.75
Click cells to compare fundamentals

SIASUN Robot Account Relationship Matchups

SIASUN Robot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.8B11.1B12.0B11.9B6.1B
Other Current Liab215.3M2.3B2.5B2.6B78.1M74.2M
Total Current Liabilities2.7B4.7B5.4B6.3B6.0B6.3B
Total Stockholder Equity6.5B4.8B4.2B4.2B4.4B3.4B
Other Liab273.8M276.3M360.6M336.5M387.0M406.4M
Retained Earnings2.4B698.1M131.1M120.0M(25.0M)(23.8M)
Accounts Payable1.1B1.4B1.7B2.2B2.4B2.6B
Cash1.6B1.5B1.9B2.3B1.7B1.2B
Other Assets186.2M545.4M506.4M369.4M424.8M446.1M
Long Term Debt369.7M903.7M985.0M1.0B1.2B1.2B
Net Receivables1.7B775.8M1.0B1.1B1.4B794.9M
Inventory3.1B3.4B3.3B3.6B3.6B3.8B
Other Current Assets195.1M271.4M316.8M260.4M16.2M15.4M
Total Liab3.4B5.9B6.8B7.7B7.4B7.8B
Intangible Assets678.7M912.3M828.4M752.9M718.0M753.9M
Property Plant Equipment1.6B1.6B1.7B1.6B1.8B940.3M
Net Tangible Assets5.9B4.2B3.5B3.6B3.3B3.9B
Deferred Long Term Liab132.1M364.2M238.0M166.0M190.9M156.4M
Short Long Term Debt1.1B838.7M783.1M917.2M612.6M773.6M
Total Current Assets6.8B7.0B7.4B8.2B8.0B7.4B
Non Current Assets Total3.1B3.7B3.7B3.8B3.8B3.5B
Non Currrent Assets Other8.2M31.3M50.4M49.8M38.3M36.8M
Short Term Investments80.2M742.2M501.2M353.2M404.5M410.1M
Non Current Liabilities Total643.4M1.2B1.4B1.4B1.4B1.1B
Other Stockholder Equity(27.8M)3.8M(53.0M)19.3M22.2M23.3M
Net Invested Capital8.0B6.5B5.9B6.2B6.1B5.4B
Net Working Capital4.1B2.3B1.9B1.9B2.0B2.4B

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 SIASUN Stock

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