Suzhou Common Stock Shares Outstanding vs Short Term Investments Analysis

300394 Stock   98.76  1.75  1.74%   
Suzhou TFC financial indicator trend analysis is much more than just breaking down Suzhou TFC Optical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou TFC Optical is a good investment. Please check the relationship between Suzhou TFC Common Stock Shares Outstanding and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou TFC Optical. 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.

Common Stock Shares Outstanding vs Short Term Investments

Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou TFC Optical Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suzhou TFC's Common Stock Shares Outstanding and Short Term Investments is 0.69. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Suzhou TFC Optical, assuming nothing else is changed. The correlation between historical values of Suzhou TFC's Common Stock Shares Outstanding and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Suzhou TFC Optical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Suzhou TFC's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Suzhou TFC balance sheet. It contains any investments Suzhou TFC Optical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Suzhou TFC Optical can easily liquidate in the marketplace.
Most indicators from Suzhou TFC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou TFC Optical 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 Suzhou TFC Optical. 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 Tax Provision is expected to grow to about 116.7 M, whereas Selling General Administrative is forecasted to decline to about 24.1 M.
 2021 2022 2023 2024 (projected)
Operating Income336.7M415.8M808.2M848.6M
Total Revenue1.0B1.2B1.9B2.0B

Suzhou TFC fundamental ratios Correlations

0.480.961.00.720.960.910.890.850.980.650.970.70.980.971.00.980.670.720.980.90.820.840.670.87-0.9
0.480.340.520.640.320.160.550.540.490.730.370.660.520.580.510.510.690.560.40.610.040.660.50.36-0.52
0.960.340.940.651.00.950.860.760.950.611.00.610.90.910.970.930.470.660.960.830.920.750.610.81-0.8
1.00.520.940.740.930.890.890.860.970.660.950.720.980.970.990.980.720.740.970.910.780.860.680.87-0.92
0.720.640.650.740.660.470.730.870.760.820.680.980.760.840.740.690.650.840.610.890.360.960.910.65-0.61
0.960.321.00.930.660.940.860.760.950.621.00.620.90.910.960.920.450.670.940.830.920.750.630.79-0.78
0.910.160.950.890.470.940.740.640.880.390.950.430.860.80.90.90.450.50.950.70.960.60.490.81-0.8
0.890.550.860.890.730.860.740.810.950.730.870.760.840.930.910.860.530.890.830.910.710.810.60.72-0.79
0.850.540.760.860.870.760.640.810.840.780.780.840.860.890.850.820.660.840.760.940.520.910.730.85-0.77
0.980.490.950.970.760.950.880.950.840.690.960.760.940.980.980.960.630.830.950.930.810.860.670.84-0.89
0.650.730.610.660.820.620.390.730.780.690.630.790.630.760.680.640.470.80.570.830.350.790.640.58-0.57
0.970.371.00.950.681.00.950.870.780.960.630.650.920.930.970.940.50.690.960.850.910.770.640.81-0.81
0.70.660.610.720.980.620.430.760.840.760.790.650.730.830.720.660.650.870.570.880.320.960.910.58-0.6
0.980.520.90.980.760.90.860.840.860.940.630.920.730.960.970.960.750.720.940.890.710.880.720.86-0.91
0.970.580.910.970.840.910.80.930.890.980.760.930.830.960.970.940.680.840.90.950.70.930.760.81-0.86
1.00.510.970.990.740.960.90.910.850.980.680.970.720.970.970.980.660.750.960.910.810.850.690.85-0.89
0.980.510.930.980.690.920.90.860.820.960.640.940.660.960.940.980.730.720.990.90.80.820.610.9-0.95
0.670.690.470.720.650.450.450.530.660.630.470.50.650.750.680.660.730.560.640.70.220.760.60.69-0.83
0.720.560.660.740.840.670.50.890.840.830.80.690.870.720.840.750.720.560.640.930.450.860.640.68-0.71
0.980.40.960.970.610.940.950.830.760.950.570.960.570.940.90.960.990.640.640.840.870.750.550.89-0.92
0.90.610.830.910.890.830.70.910.940.930.830.850.880.890.950.910.90.70.930.840.610.940.740.87-0.86
0.820.040.920.780.360.920.960.710.520.810.350.910.320.710.70.810.80.220.450.870.610.460.340.7-0.66
0.840.660.750.860.960.750.60.810.910.860.790.770.960.880.930.850.820.760.860.750.940.460.890.73-0.76
0.670.50.610.680.910.630.490.60.730.670.640.640.910.720.760.690.610.60.640.550.740.340.890.51-0.5
0.870.360.810.870.650.790.810.720.850.840.580.810.580.860.810.850.90.690.680.890.870.70.730.51-0.92
-0.9-0.52-0.8-0.92-0.61-0.78-0.8-0.79-0.77-0.89-0.57-0.81-0.6-0.91-0.86-0.89-0.95-0.83-0.71-0.92-0.86-0.66-0.76-0.5-0.92
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Suzhou TFC Account Relationship Matchups

Suzhou TFC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.6B2.6B2.9B3.9B4.1B
Other Current Liab27.9M35.5M25.3M70.8M11.8M21.8M
Total Current Liabilities152.4M200.8M179.6M233.1M503.9M529.1M
Total Stockholder Equity1.2B1.4B2.3B2.6B3.2B3.4B
Other Liab20.9M26.9M26.0M24.7M28.4M14.5M
Accounts Payable103.0M115.4M102.3M115.9M276.8M290.7M
Cash105.1M177.3M515.0M672.6M1.9B2.0B
Other Assets11.2M38.7M23.9M31.0M35.7M37.5M
Net Receivables234.4M261.2M353.2M304.9M424.7M216.4M
Inventory75.1M173.1M174.0M186.4M255.6M268.4M
Other Current Assets21.4M19.5M11.7M21.7M18.2M9.9M
Total Liab173.2M228.3M214.7M263.9M535.0M561.8M
Intangible Assets39.9M59.8M53.5M50.4M49.1M36.4M
Common Stock198.9M198.6M391.5M394.0M453.1M475.7M
Property Plant Equipment382.6M524.8M597.6M613.1M705.1M740.4M
Retained Earnings572.6M772.2M948.4M1.2B1.5B1.6B
Net Tangible Assets1.1B1.3B2.2B2.5B2.9B3.1B
Deferred Long Term Liab2.6M7.5M5.9M5.0M5.7M3.4M
Total Current Assets884.1M943.5M1.8B2.2B3.0B3.2B
Non Current Assets Total460.7M662.2M712.2M732.2M853.1M602.3M
Non Currrent Assets Other3.7M21.2M6.7M14.1M88.9M93.4M
Non Current Liabilities Total20.9M27.4M35.1M30.8M31.1M25.3M
Common Stock Shares Outstanding198.9M198.6M391.5M394.0M552.8M333.2M
Other Stockholder Equity360.6K(1.6M)(7.9M)(9.2M)(8.3M)(7.9M)
Net Invested Capital1.2B1.4B2.3B2.6B3.2B2.0B
Net Working Capital731.7M742.7M1.7B1.9B2.5B1.4B
Capital Stock198.9M198.6M391.5M394.0M394.9M325.8M

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Other Information on Investing in Suzhou Stock

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