Guangdong Depreciation vs Change To Account Receivables Analysis

300221 Stock

6.57 0.02 0.31%

Guangdong Silvere financial indicator trend analysis is much more than just examining Guangdong Silvere Sci latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Silvere Sci is a good investment. Please check the relationship between Guangdong Silvere Depreciation and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Silvere Sci. 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.

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Silvere Sci Depreciation account and Change To Account Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between Guangdong Silvere's Depreciation and Change To Account Receivables is 0.04. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Guangdong Silvere Sci, assuming nothing else is changed. The correlation between historical values of Guangdong Silvere's Depreciation and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Guangdong Silvere Sci are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Depreciation i.e., Guangdong Silvere's Depreciation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Guangdong Silvere Sci value has been used up. For tax purposes Guangdong Silvere can deduct the cost of the tangible assets it purchases as business expenses. However, Guangdong Silvere Sci must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Account Receivables

Most indicators from Guangdong Silvere's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Silvere Sci 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 Guangdong Silvere Sci. 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 106.4 M, whereas Tax Provision is forecasted to decline to (17.6 K).

	2021	2022	2023	2024 (projected)
Gross Profit	361.7M	293.1M	284.1M	336.0M
Research Development	105.9M	81.7M	80.5M	96.2M

Gross Profit Research Development

Guangdong Silvere fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Debt	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.26	0.93	0.98	0.59	0.08	0.93	-0.02	0.73	0.87	0.94	0.6	0.95	0.69	0.79	0.94	0.29	0.9	0.51	-0.05	0.75	0.42	0.83	0.88	0.78	0.69
Other Current Liab	0.26		0.33	0.23	-0.18	-0.28	0.5	-0.05	0.21	0.53	0.29	-0.01	0.27	0.21	0.36	0.15	0.31	0.18	0.13	-0.1	-0.06	-0.24	0.17	0.38	0.34	-0.21
Total Current Liabilities	0.93	0.33		0.85	0.7	0.18	0.91	-0.03	0.62	0.91	0.9	0.5	0.99	0.55	0.67	0.87	0.15	0.76	0.31	-0.04	0.73	0.45	0.88	0.86	0.64	0.6
Total Stockholder Equity	0.98	0.23	0.85		0.48	0.06	0.91	0.02	0.75	0.8	0.9	0.59	0.87	0.7	0.78	0.9	0.34	0.92	0.53	-0.07	0.73	0.4	0.75	0.84	0.79	0.71
Other Liab	0.59	-0.18	0.7	0.48		0.39	0.44	-0.07	0.18	0.48	0.62	0.35	0.72	0.28	0.38	0.69	-0.25	0.35	0.09	0.04	0.6	0.57	0.73	0.41	0.24	0.51
Retained Earnings	0.08	-0.28	0.18	0.06	0.39		-0.02	0.37	-0.13	-0.08	0.11	-0.17	0.12	-0.3	-0.33	0.0	-0.45	-0.14	-0.62	0.33	0.43	0.88	0.2	-0.18	-0.39	0.57
Accounts Payable	0.93	0.5	0.91	0.91	0.44	-0.02		-0.1	0.77	0.91	0.89	0.51	0.9	0.69	0.82	0.83	0.33	0.86	0.43	-0.15	0.57	0.28	0.79	0.9	0.85	0.49
Cash	-0.02	-0.05	-0.03	0.02	-0.07	0.37	-0.1		-0.3	-0.08	0.03	-0.35	-0.07	-0.46	-0.4	-0.23	0.06	-0.15	-0.22	0.27	0.26	0.31	0.07	-0.1	-0.33	0.22
Other Assets	0.73	0.21	0.62	0.75	0.18	-0.13	0.77	-0.3		0.57	0.59	0.56	0.63	0.9	0.72	0.67	0.22	0.85	0.36	-0.04	0.37	0.06	0.45	0.73	0.77	0.41
Net Receivables	0.87	0.53	0.91	0.8	0.48	-0.08	0.91	-0.08	0.57		0.89	0.49	0.91	0.52	0.75	0.8	0.27	0.71	0.5	-0.09	0.51	0.2	0.78	0.85	0.72	0.36
Inventory	0.94	0.29	0.9	0.9	0.62	0.11	0.89	0.03	0.59	0.89		0.56	0.92	0.57	0.75	0.9	0.2	0.74	0.51	-0.01	0.63	0.4	0.82	0.8	0.71	0.54
Other Current Assets	0.6	-0.01	0.5	0.59	0.35	-0.17	0.51	-0.35	0.56	0.49	0.56		0.56	0.58	0.66	0.75	0.16	0.57	0.4	0.13	0.28	-0.03	0.37	0.41	0.51	0.32
Total Liab	0.95	0.27	0.99	0.87	0.72	0.12	0.9	-0.07	0.63	0.91	0.92	0.56		0.6	0.72	0.92	0.16	0.8	0.42	-0.01	0.73	0.43	0.9	0.87	0.69	0.61
Intangible Assets	0.69	0.21	0.55	0.7	0.28	-0.3	0.69	-0.46	0.9	0.52	0.57	0.58	0.6		0.78	0.73	0.23	0.81	0.55	-0.05	0.31	-0.06	0.4	0.68	0.79	0.32
Common Stock	0.79	0.36	0.67	0.78	0.38	-0.33	0.82	-0.4	0.72	0.75	0.75	0.66	0.72	0.78		0.84	0.13	0.75	0.62	-0.22	0.27	-0.04	0.57	0.7	0.88	0.24
Property Plant Equipment	0.94	0.15	0.87	0.9	0.69	0.0	0.83	-0.23	0.67	0.8	0.9	0.75	0.92	0.73	0.84		0.13	0.82	0.55	-0.03	0.66	0.31	0.77	0.78	0.73	0.59
Treasury Stock	0.29	0.31	0.15	0.34	-0.25	-0.45	0.33	0.06	0.22	0.27	0.2	0.16	0.16	0.23	0.13	0.13		0.46	0.51	-0.22	0.2	-0.17	0.2	0.46	0.48	0.11
Net Tangible Assets	0.9	0.18	0.76	0.92	0.35	-0.14	0.86	-0.15	0.85	0.71	0.74	0.57	0.8	0.81	0.75	0.82	0.46		0.6	-0.06	0.68	0.25	0.71	0.91	0.86	0.65
Long Term Debt	0.51	0.13	0.31	0.53	0.09	-0.62	0.43	-0.22	0.36	0.5	0.51	0.4	0.42	0.55	0.62	0.55	0.51	0.6		-0.09	0.22	-0.24	0.36	0.59	0.71	0.11
Other Stockholder Equity	-0.05	-0.1	-0.04	-0.07	0.04	0.33	-0.15	0.27	-0.04	-0.09	-0.01	0.13	-0.01	-0.05	-0.22	-0.03	-0.22	-0.06	-0.09		0.19	0.25	0.07	-0.11	-0.28	0.24
Deferred Long Term Liab	0.75	-0.06	0.73	0.73	0.6	0.43	0.57	0.26	0.37	0.51	0.63	0.28	0.73	0.31	0.27	0.66	0.2	0.68	0.22	0.19		0.73	0.75	0.67	0.31	0.92
Long Term Investments	0.42	-0.24	0.45	0.4	0.57	0.88	0.28	0.31	0.06	0.2	0.4	-0.03	0.43	-0.06	-0.04	0.31	-0.17	0.25	-0.24	0.25	0.73		0.55	0.2	-0.01	0.82
Short Long Term Debt	0.83	0.17	0.88	0.75	0.73	0.2	0.79	0.07	0.45	0.78	0.82	0.37	0.9	0.4	0.57	0.77	0.2	0.71	0.36	0.07	0.75	0.55		0.81	0.63	0.63
Total Current Assets	0.88	0.38	0.86	0.84	0.41	-0.18	0.9	-0.1	0.73	0.85	0.8	0.41	0.87	0.68	0.7	0.78	0.46	0.91	0.59	-0.11	0.67	0.2	0.81		0.82	0.51
Short Term Debt	0.78	0.34	0.64	0.79	0.24	-0.39	0.85	-0.33	0.77	0.72	0.71	0.51	0.69	0.79	0.88	0.73	0.48	0.86	0.71	-0.28	0.31	-0.01	0.63	0.82		0.28
Non Current Assets Total	0.69	-0.21	0.6	0.71	0.51	0.57	0.49	0.22	0.41	0.36	0.54	0.32	0.61	0.32	0.24	0.59	0.11	0.65	0.11	0.24	0.92	0.82	0.63	0.51	0.28

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Guangdong Silvere Account Relationship Matchups

Guangdong Silvere fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.6B	2.0B	1.8B	1.8B	1.5B
Other Current Liab	24.2M	28.7M	125.4M	85.7M	432.3K	410.7K
Total Current Liabilities	296.4M	501.6M	756.3M	477.4M	416.3M	500.2M
Total Stockholder Equity	997.9M	1.0B	1.2B	1.2B	1.3B	975.4M
Other Liab	9.8M	18.9M	3.3M	6.5M	7.5M	7.1M
Retained Earnings	(325.5M)	(224.5M)	(151.0M)	(156.6M)	(165.1M)	(156.9M)
Accounts Payable	178.8M	256.1M	375.2M	300.0M	256.4M	226.4M
Cash	80.9M	43.2M	105.8M	98.5M	44.1M	41.9M
Other Assets	11.7M	25.0M	34.1M	45.3M	52.1M	54.7M
Net Receivables	553.8M	536.2M	973.3M	461.9M	476.0M	519.7M
Inventory	263.0M	226.9M	281.4M	250.3M	205.7M	234.6M
Other Current Assets	52.5M	37.3M	45.6M	53.3M	98.7M	49.3M
Total Liab	437.6M	520.5M	785.4M	502.5M	516.4M	550.3M
Intangible Assets	49.6M	47.7M	46.3M	103.0M	89.5M	94.0M
Common Stock	452.3M	449.9M	476.2M	474.6M	545.7M	337.0M
Property Plant Equipment	355.1M	332.5M	344.4M	369.8M	425.3M	317.0M
Net Tangible Assets	941.7M	994.8M	1.1B	1.1B	1.3B	1.2B
Long Term Debt	64.1M	91M	131.4M	44.8M	51.5M	62.9M
Other Stockholder Equity	(2.3M)	(53.2M)	(5.7M)	(2.8M)	(2.5M)	(2.6M)
Deferred Long Term Liab	7.7M	8.5M	10.1M	10.6M	9.5M	10.3M
Short Long Term Debt	69.1M	63.3M	206.3M	56.0M	53.6M	50.9M
Total Current Assets	998.5M	1.2B	1.5B	1.2B	1.1B	1.4B
Non Current Assets Total	456.7M	437.4M	457.8M	554.1M	794.2M	560.9M
Non Currrent Assets Other	891.2K	1.3M	10.0M	22.4M	24.0M	12.1M
Non Current Liabilities Total	141.2M	18.9M	29.0M	25.1M	100.1M	61.8M
Net Debt	119.2M	20.1M	100.5M	54.3M	48.9M	46.4M
Common Stock Shares Outstanding	452.3M	449.9M	476.2M	474.6M	427.1M	381.5M
Short Term Investments	48.3M	82.9M	88.8M	130.5M	3.1M	3.0M
Net Invested Capital	1.2B	1.1B	1.4B	1.3B	1.4B	1.3B
Net Working Capital	702.1M	658.2M	738.4M	741.3M	634.8M	574.5M
Capital Stock	452.3M	449.9M	476.2M	474.6M	427.1M	377.6M

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Other Information on Investing in Guangdong Stock

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

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Guangdong Depreciation vs Change To Account Receivables Analysis

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Depreciation

Change To Account Receivables

Guangdong Silvere fundamental ratios Correlations

Guangdong Silvere Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Silvere fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.95	Total Assets
Inventory	+ 0.94	Total Assets
Property Plant Equipment	+ 0.94	Total Assets
Total Current Liabilities	+ 0.93	Total Assets

Long Term Debt	- 0.62	Retained Earnings
Intangible Assets	- 0.46	Cash
Treasury Stock	- 0.45	Retained Earnings
Common Stock	- 0.4	Cash
Short Term Debt	- 0.39	Retained Earnings
Other Current Assets	- 0.35	Cash