Sunwoda Non Current Assets Total vs Total Liab Analysis

300207 Stock   23.25  0.10  0.43%   
Sunwoda Electronic financial indicator trend analysis is much more than just breaking down Sunwoda Electronic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunwoda Electronic is a good investment. Please check the relationship between Sunwoda Electronic Non Current Assets Total and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwoda Electronic. 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.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunwoda Electronic Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
Non Current Assets TotalTotal LiabDiversified AwayNon Current Assets TotalTotal LiabDiversified Away100%
The correlation between Sunwoda Electronic's Non Current Assets Total and Total Liab is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Sunwoda Electronic, assuming nothing else is changed. The correlation between historical values of Sunwoda Electronic's Non Current Assets Total and Total Liab 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 Assets Total of Sunwoda Electronic are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Sunwoda Electronic's Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Sunwoda Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunwoda Electronic 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 Sunwoda Electronic. 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 1.2 B, whereas Tax Provision is projected to grow to (154.4 M).
 2021 2022 2023 2024 (projected)
Operating Income1.5B1.9B1.2B736.4M
Total Revenue37.4B52.2B47.9B50.3B

Sunwoda Electronic fundamental ratios Correlations

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1.00.980.890.960.980.990.330.640.970.90.990.990.96-0.150.960.990.980.980.910.670.990.980.990.980.79
0.980.970.890.930.980.990.240.620.930.860.990.990.98-0.180.950.990.950.990.850.580.960.950.960.960.73
0.990.990.860.940.990.990.290.690.960.860.981.00.96-0.150.970.980.971.00.860.590.970.960.970.980.76
0.380.390.160.50.330.240.290.510.510.490.270.330.320.230.40.270.450.320.590.680.290.460.410.450.8
0.630.760.240.570.640.620.690.510.710.430.550.680.560.040.80.550.660.710.510.260.550.620.590.740.69
0.980.980.820.980.970.930.960.510.710.930.950.970.93-0.040.970.950.990.960.940.740.930.990.980.980.9
0.930.860.920.980.90.860.860.490.430.930.920.880.9-0.050.830.910.950.860.990.890.890.960.960.880.86
0.990.960.940.960.990.990.980.270.550.950.920.980.98-0.140.931.00.970.970.90.680.980.980.990.960.76
0.990.990.870.950.990.991.00.330.680.970.880.980.97-0.130.970.990.981.00.880.620.970.970.980.980.79
0.970.950.910.950.960.980.960.320.560.930.90.980.97-0.050.910.980.950.960.880.670.930.960.970.950.79
-0.12-0.09-0.23-0.04-0.15-0.18-0.150.230.04-0.04-0.05-0.14-0.13-0.05-0.19-0.14-0.1-0.19-0.040.1-0.2-0.08-0.1-0.010.19
0.960.990.770.910.960.950.970.40.80.970.830.930.970.91-0.190.930.960.990.850.580.910.940.940.970.81
0.990.960.930.960.990.990.980.270.550.950.911.00.990.98-0.140.930.970.970.90.670.980.970.980.960.75
0.990.970.870.990.980.950.970.450.660.990.950.970.980.95-0.10.960.970.970.950.740.951.00.990.980.87
0.980.990.850.930.980.991.00.320.710.960.860.971.00.96-0.190.990.970.970.860.590.950.960.960.970.77
0.930.870.870.980.910.850.860.590.510.940.990.90.880.88-0.040.850.90.950.860.910.90.960.960.90.9
0.70.610.730.830.670.580.590.680.260.740.890.680.620.670.10.580.670.740.590.910.680.780.770.670.82
0.970.950.920.940.990.960.970.290.550.930.890.980.970.93-0.20.910.980.950.950.90.680.960.970.940.73
0.990.960.91.00.980.950.960.460.620.990.960.980.970.96-0.080.940.971.00.960.960.780.961.00.970.87
1.00.960.920.990.990.960.970.410.590.980.960.990.980.97-0.10.940.980.990.960.960.770.971.00.970.84
0.980.990.810.960.980.960.980.450.740.980.880.960.980.95-0.010.970.960.980.970.90.670.940.970.970.86
0.820.820.620.890.790.730.760.80.690.90.860.760.790.790.190.810.750.870.770.90.820.730.870.840.86
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Sunwoda Electronic Account Relationship Matchups

Sunwoda Electronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6B30.7B42.6B74.5B79.3B83.2B
Short Long Term Debt Total7.5B10.5B11.6B17.1B26.1B27.4B
Other Current Liab103.1M237.3M1.1B3.9B2.1B2.2B
Total Current Liabilities16.0B18.8B24.1B39.0B32.8B34.4B
Total Stockholder Equity5.8B6.8B13.0B20.1B23.1B24.3B
Other Liab523.3M1.1B1.1B3.4B3.9B4.1B
Property Plant And Equipment Net5.4B7.9B11.1B20.8B28.1B29.5B
Current Deferred Revenue1.2B1.9B1.7B595.6M602.5M539.0M
Net Debt2.8B5.9B3.3B(2.3B)7.7B8.0B
Retained Earnings2.2B2.8B3.4B4.2B5.1B5.3B
Accounts Payable8.0B9.8B13.4B23.2B14.8B15.5B
Cash4.7B4.6B8.4B19.4B18.4B19.4B
Non Current Assets Total8.8B12.0B16.1B29.3B37.5B39.4B
Non Currrent Assets Other1.8B2.0B1.3B5.5B4.9B5.2B
Long Term Debt1.1B3.7B3.2B4.1B7.1B7.4B
Cash And Short Term Investments4.7B4.6B8.4B19.5B18.8B19.8B
Net Receivables5.4B8.2B9.4B14.4B15.3B16.1B
Liabilities And Stockholders Equity23.6B30.7B42.6B74.5B79.3B83.2B
Non Current Liabilities Total1.6B4.7B4.8B9.2B12.6B13.2B
Inventory4.1B5.1B7.6B9.9B7.0B7.4B
Other Current Assets668.3M731.3M1.1B1.4B597.8M371.9M
Other Stockholder Equity1.9B1.9B7.0B10.0B10.3B10.8B
Total Liab17.6B23.5B28.9B48.2B45.3B47.6B
Total Current Assets14.8B18.7B26.5B45.1B41.8B43.9B
Short Term Debt6.7B6.9B7.9B11.3B15.3B16.1B
Intangible Assets642.0M749.6M648.2M642.2M662.0M695.1M
Common Stock1.6B1.6B1.7B1.9B1.9B1.0B
Property Plant Equipment5.4B7.9B11.1B20.8B23.9B25.1B
Short Term Investments989.3K10.2M(1.7B)110M405.4M425.7M
Net Tangible Assets5.1B6.0B12.3B19.3B22.2B23.4B
Deferred Long Term Liab809.2M1.3B1.4B3.3B3.8B4.0B
Short Long Term Debt5.6B6.2B6.3B8.4B8.8B4.9B
Non Current Liabilities Other33.7M158.2M232.2M996.6M919.9M965.9M
Common Stock Shares Outstanding1.5B1.6B1.7B1.9B1.9B1.8B
Net Invested Capital12.1B16.6B22.5B32.5B39.0B21.7B
Net Working Capital(1.2B)(110.2M)2.4B6.1B9.0B9.5B

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Other Information on Investing in Sunwoda Stock

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