Shenyu Total Stockholder Equity vs Total Current Assets Analysis

300563 Stock

50.80 4.06 7.40%

Shenyu Communication financial indicator trend analysis is much more than just breaking down Shenyu Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyu Communication is a good investment. Please check the relationship between Shenyu Communication Total Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyu Communication Technology. 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 Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyu Communication Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Shenyu Communication's Total Stockholder Equity and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Shenyu Communication Technology, assuming nothing else is changed. The correlation between historical values of Shenyu Communication's Total Stockholder Equity and Total 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 Total Stockholder Equity of Shenyu Communication Technology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Shenyu Communication's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Shenyu Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyu Communication 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 Shenyu Communication Technology. 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 5.3 M, whereas Selling General Administrative is forecasted to decline to about 21 M.

	2022	2023	2024	2025 (projected)
Operating Income	48.5M	49.9M	57.4M	53.0M
Total Revenue	768.4M	755.0M	868.3M	471.6M

Operating Income Total Revenue

Shenyu Communication fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will
Total Assets		-0.78	0.0	0.86	0.91	0.99	0.77	-0.73	0.89	0.89	0.6	0.99	0.4	0.0	0.85	0.91	0.96	0.2	0.91	0.9	0.91	-0.79	0.75	0.95	0.91	-0.24
Short Long Term Debt Total	-0.78		-0.47	-0.76	-0.83	-0.8	-0.92	0.8	-0.87	-0.76	-0.67	-0.79	-0.32	0.0	-0.73	-0.86	-0.8	-0.18	-0.71	-0.79	-0.84	1.0	-0.55	-0.85	-0.87	0.5
Other Current Liab	0.0	-0.47		0.14	0.06	0.02	0.5	-0.35	0.14	0.02	0.31	0.03	-0.03	0.19	-0.01	0.09	0.09	0.16	-0.14	0.14	0.07	-0.46	-0.04	0.25	0.13	-0.31
Total Current Liabilities	0.86	-0.76	0.14		0.76	0.87	0.74	-0.52	0.75	0.99	0.36	0.85	0.64	0.18	0.73	0.79	0.89	0.42	0.75	0.99	0.81	-0.76	0.63	0.86	0.8	-0.16
Total Stockholder Equity	0.91	-0.83	0.06	0.76		0.9	0.87	-0.84	0.99	0.78	0.79	0.9	0.3	-0.11	0.94	0.99	0.86	0.08	0.97	0.8	0.99	-0.84	0.7	0.85	0.99	-0.59
Property Plant And Equipment Net	0.99	-0.8	0.02	0.87	0.9		0.77	-0.71	0.9	0.9	0.57	1.0	0.39	0.1	0.81	0.9	0.96	0.26	0.9	0.91	0.9	-0.8	0.81	0.92	0.92	-0.23
Current Deferred Revenue	0.77	-0.92	0.5	0.74	0.87	0.77		-0.82	0.9	0.7	0.76	0.77	0.39	-0.12	0.8	0.89	0.81	0.05	0.75	0.78	0.88	-0.92	0.54	0.85	0.89	-0.64
Net Debt	-0.73	0.8	-0.35	-0.52	-0.84	-0.71	-0.82		-0.83	-0.52	-0.96	-0.72	0.02	0.15	-0.85	-0.81	-0.61	-0.01	-0.77	-0.56	-0.83	0.8	-0.47	-0.75	-0.83	0.61
Retained Earnings	0.89	-0.87	0.14	0.75	0.99	0.9	0.9	-0.83		0.77	0.77	0.9	0.29	-0.08	0.89	0.99	0.86	0.06	0.94	0.79	0.98	-0.87	0.75	0.84	0.99	-0.6
Accounts Payable	0.89	-0.76	0.02	0.99	0.78	0.9	0.7	-0.52	0.77		0.36	0.87	0.61	0.16	0.74	0.8	0.89	0.41	0.79	0.99	0.82	-0.76	0.66	0.85	0.81	-0.13
Cash	0.6	-0.67	0.31	0.36	0.79	0.57	0.76	-0.96	0.77	0.36		0.59	-0.13	-0.24	0.82	0.74	0.47	-0.11	0.72	0.41	0.77	-0.67	0.38	0.61	0.76	-0.75
Non Current Assets Total	0.99	-0.79	0.03	0.85	0.9	1.0	0.77	-0.72	0.9	0.87	0.59		0.35	0.11	0.8	0.9	0.95	0.25	0.89	0.89	0.89	-0.79	0.83	0.91	0.92	-0.24
Non Currrent Assets Other	0.4	-0.32	-0.03	0.64	0.3	0.39	0.39	0.02	0.29	0.61	-0.13	0.35		-0.22	0.32	0.33	0.55	-0.05	0.29	0.62	0.36	-0.32	0.18	0.43	0.31	0.06
Other Assets	0.0	0.0	0.19	0.18	-0.11	0.1	-0.12	0.15	-0.08	0.16	-0.24	0.11	-0.22		-0.25	-0.12	0.02	0.86	-0.08	0.15	-0.14	0.0	0.34	-0.03	-0.02	0.3
Cash And Short Term Investments	0.85	-0.73	-0.01	0.73	0.94	0.81	0.8	-0.85	0.89	0.74	0.82	0.8	0.32	-0.25		0.91	0.75	0.02	0.95	0.75	0.96	-0.73	0.51	0.8	0.91	-0.57
Net Receivables	0.91	-0.86	0.09	0.79	0.99	0.9	0.89	-0.81	0.99	0.8	0.74	0.9	0.33	-0.12	0.91		0.88	0.07	0.95	0.82	0.99	-0.86	0.7	0.86	0.99	-0.57
Inventory	0.96	-0.8	0.09	0.89	0.86	0.96	0.81	-0.61	0.86	0.89	0.47	0.95	0.55	0.02	0.75	0.88		0.19	0.82	0.93	0.87	-0.81	0.72	0.93	0.88	-0.22
Other Current Assets	0.2	-0.18	0.16	0.42	0.08	0.26	0.05	-0.01	0.06	0.41	-0.11	0.25	-0.05	0.86	0.02	0.07	0.19		0.12	0.39	0.09	-0.19	0.25	0.22	0.15	0.23
Other Stockholder Equity	0.91	-0.71	-0.14	0.75	0.97	0.9	0.75	-0.77	0.94	0.79	0.72	0.89	0.29	-0.08	0.95	0.95	0.82	0.12		0.78	0.96	-0.72	0.71	0.79	0.95	-0.49
Total Liab	0.9	-0.79	0.14	0.99	0.8	0.91	0.78	-0.56	0.79	0.99	0.41	0.89	0.62	0.15	0.75	0.82	0.93	0.39	0.78		0.84	-0.8	0.67	0.9	0.84	-0.18
Total Current Assets	0.91	-0.84	0.07	0.81	0.99	0.9	0.88	-0.83	0.98	0.82	0.77	0.89	0.36	-0.14	0.96	0.99	0.87	0.09	0.96	0.84		-0.84	0.66	0.87	0.98	-0.57
Short Term Debt	-0.79	1.0	-0.46	-0.76	-0.84	-0.8	-0.92	0.8	-0.87	-0.76	-0.67	-0.79	-0.32	0.0	-0.73	-0.86	-0.81	-0.19	-0.72	-0.8	-0.84		-0.55	-0.85	-0.87	0.49
Intangible Assets	0.75	-0.55	-0.04	0.63	0.7	0.81	0.54	-0.47	0.75	0.66	0.38	0.83	0.18	0.34	0.51	0.7	0.72	0.25	0.71	0.67	0.66	-0.55		0.58	0.75	-0.17
Common Stock	0.95	-0.85	0.25	0.86	0.85	0.92	0.85	-0.75	0.84	0.85	0.61	0.91	0.43	-0.03	0.8	0.86	0.93	0.22	0.79	0.9	0.87	-0.85	0.58		0.85	-0.26
Property Plant Equipment	0.91	-0.87	0.13	0.8	0.99	0.92	0.89	-0.83	0.99	0.81	0.76	0.92	0.31	-0.02	0.91	0.99	0.88	0.15	0.95	0.84	0.98	-0.87	0.75	0.85		-0.57
Good Will	-0.24	0.5	-0.31	-0.16	-0.59	-0.23	-0.64	0.61	-0.6	-0.13	-0.75	-0.24	0.06	0.3	-0.57	-0.57	-0.22	0.23	-0.49	-0.18	-0.57	0.49	-0.17	-0.26	-0.57

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Shenyu Communication Account Relationship Matchups

Shenyu Communication fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.3B	1.3B	1.3B	1.5B	763.5M
Short Long Term Debt Total	67.6M	904.4K	9.8M	2.8M	2.5M	2.4M
Other Current Liab	(47.7M)	11.6M	1.3M	17.0M	15.3M	16.1M
Total Current Liabilities	176.6M	303.7M	334.0M	201.0M	231.1M	191.7M
Total Stockholder Equity	907.2M	937.7M	965.2M	1.0B	1.2B	1.2B
Property Plant And Equipment Net	321.9M	397.9M	401.0M	377.0M	433.6M	248.4M
Current Deferred Revenue	1.3M	19.3M	25.8M	25.1M	28.9M	30.3M
Net Debt	(60.9M)	(121.4M)	(41.4M)	(269.6M)	(242.7M)	(230.5M)
Retained Earnings	296.6M	345.4M	368.7M	398.3M	458.1M	481.0M
Accounts Payable	156.3M	272.5M	297.6M	156.0M	179.4M	134.1M
Cash	128.5M	122.3M	51.1M	272.5M	313.3M	329.0M
Non Current Assets Total	380.3M	457.0M	455.7M	456.2M	524.6M	296.9M
Non Currrent Assets Other	8.3M	7.5M	221.5M	9.6M	11.1M	10.5M
Other Assets	11.2M	6.2M	1.0	16.4M	1.15	1.09
Cash And Short Term Investments	278.5M	225.2M	267.5M	273.7M	314.8M	330.5M
Net Receivables	337.3M	403.1M	413.7M	411.4M	473.1M	496.7M
Liabilities And Stockholders Equity	1.1B	1.3B	1.3B	1.3B	1.5B	763.5M
Inventory	100.8M	146.2M	186.2M	142.3M	163.7M	93.1M
Other Current Assets	2.2M	31.7M	4.1M	702.7K	808.1K	767.7K
Other Stockholder Equity	477.4M	368.1M	368.0M	368.6M	423.9M	445.1M
Total Liab	192.0M	325.4M	362.0M	232.5M	267.4M	204.1M
Total Current Assets	718.9M	806.2M	871.6M	828.1M	952.3M	999.9M
Short Term Debt	66.6M	235.3K	9.4M	2.8M	2.5M	2.4M
Intangible Assets	43.0M	42.0M	40.9M	39.9M	45.9M	35.6M
Common Stock	94.6M	178.7M	178.8M	178.2M	204.9M	105.1M
Property Plant Equipment	244.8M	252.4M	321.9M	397.9M	457.6M	480.5M
Other Liab	17.1M	15.8M	15.4M	21.1M	24.2M	13.7M
Net Tangible Assets	483.5M	863.5M	895.0M	923.7M	1.1B	633.6M
Non Current Liabilities Total	15.4M	21.7M	28.0M	31.6M	36.3M	38.1M
Deferred Long Term Liab	455.1K	1.3M	481.3K	2.4M	2.7M	2.9M
Common Stock Shares Outstanding	179.7M	178.7M	178.8M	178.2M	204.9M	184.1M
Net Invested Capital	907.2M	937.7M	974.3M	1.0B	1.2B	855.3M
Net Working Capital	542.3M	502.5M	537.6M	627.1M	721.2M	442.8M
Capital Stock	94.6M	178.7M	178.8M	178.2M	204.9M	144.9M
Property Plant And Equipment Gross	493.5M	605.7M	401.0M	642.5M	738.9M	558.0M
Accumulated Other Comprehensive Income	38.6M	45.5M	49.7M	85.8M	98.7M	55.5M

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

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Shenyu Total Stockholder Equity vs Total Current Assets Analysis

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Assets

Shenyu Communication fundamental ratios Correlations

Shenyu Communication Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenyu Communication fundamental ratios Accounts

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Other Information on Investing in Shenyu Stock

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Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities

Cash	- 0.96	Net Debt
Short Term Debt	- 0.92	Current Deferred Revenue
Current Deferred Revenue	- 0.92	Short Long Term Debt Total
Property Plant Equipment	- 0.87	Short Term Debt
Short Term Debt	- 0.87	Retained Earnings
Property Plant Equipment	- 0.87	Short Long Term Debt Total