Suzhou Total Liab vs Accounts Payable 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 Total Liab and its Accounts Payable 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.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou TFC Optical Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Suzhou TFC's Total Liab and Accounts Payable is 1.0. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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 Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Suzhou TFC Optical are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Suzhou TFC's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Suzhou TFC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Suzhou TFC Optical are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.