300608 Property Plant And Equipment Net vs Non Currrent Assets Other Analysis

300608 Stock   12.63  0.18  1.45%   
SI TECH financial indicator trend analysis is much more than just breaking down SI TECH Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SI TECH Information is a good investment. Please check the relationship between SI TECH Property Plant And Equipment Net and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SI TECH Information 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 board of governors.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SI TECH Information Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SI TECH's Property Plant And Equipment Net and Non Currrent Assets Other is -0.02. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of SI TECH Information Technology, assuming nothing else is changed. The correlation between historical values of SI TECH's Property Plant And Equipment Net and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of SI TECH Information Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., SI TECH's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from SI TECH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SI TECH Information 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 SI TECH Information 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 124.7 M, whereas Tax Provision is forecasted to decline to about 4.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit363.0M325.6M328.0M284.5M
Total Revenue904.3M834.0M870.5M882.6M

SI TECH fundamental ratios Correlations

0.94-0.040.930.890.87-0.540.00.95-0.020.950.90.2-0.480.950.930.860.93-0.030.80.950.980.910.840.890.62
0.94-0.160.940.790.87-0.590.290.920.090.850.910.34-0.440.850.80.940.91-0.20.631.00.870.950.770.810.56
-0.04-0.16-0.32-0.040.01-0.3-0.24-0.18-0.54-0.02-0.12-0.570.17-0.02-0.090.040.10.090.04-0.16-0.02-0.320.09-0.020.27
0.930.94-0.320.810.77-0.380.140.920.140.870.870.49-0.440.870.880.780.81-0.120.690.950.90.990.730.810.46
0.890.79-0.040.810.91-0.6-0.170.85-0.120.870.930.07-0.460.870.870.70.840.010.970.810.910.780.950.990.76
0.870.870.010.770.91-0.770.150.84-0.090.770.97-0.02-0.50.770.750.890.92-0.140.80.880.820.750.950.930.79
-0.54-0.59-0.3-0.38-0.6-0.77-0.17-0.410.42-0.48-0.70.240.19-0.48-0.31-0.71-0.710.52-0.53-0.57-0.46-0.44-0.8-0.7-0.89
0.00.29-0.240.14-0.170.15-0.170.110.46-0.260.190.39-0.1-0.26-0.110.360.13-0.29-0.390.26-0.180.18-0.08-0.12-0.12
0.950.92-0.180.920.850.84-0.410.110.160.860.870.25-0.430.860.930.820.890.10.720.930.930.90.750.810.5
-0.020.09-0.540.14-0.12-0.090.420.460.16-0.16-0.010.51-0.04-0.160.090.0-0.090.42-0.210.08-0.060.1-0.28-0.19-0.57
0.950.85-0.020.870.870.77-0.48-0.260.86-0.160.80.13-0.381.00.870.750.84-0.040.820.860.980.860.790.860.6
0.90.91-0.120.870.930.97-0.70.190.87-0.010.80.21-0.520.80.80.870.89-0.170.810.920.840.860.940.950.74
0.20.34-0.570.490.07-0.020.240.390.250.510.130.21-0.170.130.240.1-0.03-0.06-0.020.320.140.52-0.050.08-0.24
-0.48-0.440.17-0.44-0.46-0.50.19-0.1-0.43-0.04-0.38-0.52-0.17-0.38-0.46-0.47-0.36-0.23-0.41-0.48-0.43-0.38-0.43-0.48-0.22
0.950.85-0.020.870.870.77-0.48-0.260.86-0.161.00.80.13-0.380.870.750.84-0.040.820.860.980.860.790.860.6
0.930.8-0.090.880.870.75-0.31-0.110.930.090.870.80.24-0.460.870.650.830.210.820.820.950.820.750.820.48
0.860.940.040.780.70.89-0.710.360.820.00.750.870.1-0.470.750.650.91-0.220.530.940.760.790.760.740.6
0.930.910.10.810.840.92-0.710.130.89-0.090.840.89-0.03-0.360.840.830.91-0.160.730.910.890.80.870.850.72
-0.03-0.20.09-0.120.01-0.140.52-0.290.10.42-0.04-0.17-0.06-0.23-0.040.21-0.22-0.160.08-0.180.07-0.21-0.2-0.11-0.4
0.80.630.040.690.970.8-0.53-0.390.72-0.210.820.81-0.02-0.410.820.820.530.730.080.650.850.640.910.940.74
0.951.0-0.160.950.810.88-0.570.260.930.080.860.920.32-0.480.860.820.940.91-0.180.650.880.950.790.820.56
0.980.87-0.020.90.910.82-0.46-0.180.93-0.060.980.840.14-0.430.980.950.760.890.070.850.880.870.820.880.59
0.910.95-0.320.990.780.75-0.440.180.90.10.860.860.52-0.380.860.820.790.8-0.210.640.950.870.710.790.49
0.840.770.090.730.950.95-0.8-0.080.75-0.280.790.94-0.05-0.430.790.750.760.87-0.20.910.790.820.710.980.9
0.890.81-0.020.810.990.93-0.7-0.120.81-0.190.860.950.08-0.480.860.820.740.85-0.110.940.820.880.790.980.83
0.620.560.270.460.760.79-0.89-0.120.5-0.570.60.74-0.24-0.220.60.480.60.72-0.40.740.560.590.490.90.83
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SI TECH Account Relationship Matchups

SI TECH fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B2.5B2.5B1.4B
Short Long Term Debt Total626M656.3M659.6M757.2M661.8M412.6M
Other Current Liab42.4M123.0M117.4M141.5M187.6M101.0M
Total Current Liabilities678.9M530.5M530.3M654.9M630.8M491.7M
Total Stockholder Equity778.0M849.0M952.8M1.6B1.6B1.7B
Property Plant And Equipment Net158.1M463.9M471.4M463.1M515.2M541.0M
Current Deferred Revenue129.7M68.3M33.5M38.5M32.3M30.7M
Net Debt232.7M278.6M248.1M(206.0M)(30.5M)(29.0M)
Retained Earnings338.2M360.0M402.0M401.5M420.0M283.1M
Accounts Payable30.8M28.9M16.6M9.7M10.9M15.1M
Cash393.3M377.7M411.5M963.2M692.3M382.9M
Non Current Assets Total551.8M634.3M699.2M741.0M823.1M864.3M
Non Currrent Assets Other310.8M246.4K8.1M14.4M6.9M6.6M
Cash And Short Term Investments393.3M377.7M411.5M963.2M692.3M382.9M
Net Receivables458.1M413.6M410.2M515.7M642.3M414.7M
Liabilities And Stockholders Equity1.6B1.7B1.8B2.5B2.5B1.4B
Non Current Liabilities Total152.5M353.7M331.6M325.0M268.4M140.0M
Inventory201.0M292.4M291.3M305.0M341.1M243.2M
Other Current Assets6.3M15.7M1.4M1.8M4.9M4.6M
Other Stockholder Equity225.6M222.8M235.6M714.7M757.2M795.1M
Total Liab831.4M884.2M861.9M979.9M899.2M631.7M
Total Current Assets1.1B1.1B1.1B1.8B1.7B1.1B
Short Term Debt476M310.3M362.9M465.2M400.0M289.2M
Intangible Assets32.0M74.4M113.5M162.7M188.9M198.4M
Common Stock157.7M157.7M209.9M327.1M331.2M347.7M
Other Liab2.1M2.5M7.7M34.9M40.1M42.1M
Net Tangible Assets689.8M736.6M767.7M890.5M1.0B752.5M
Deferred Long Term Liab3.4M2.6M2.4M59.6M68.6M72.0M
Short Long Term Debt476M295.3M339.5M443.4M363.9M341.0M
Non Current Liabilities Other1.2M6.6M4.0M2.8M6.6M3.4M
Property Plant Equipment102.4M158.1M463.9M471.4M542.1M569.2M
Common Stock Shares Outstanding204.9M204.9M209.9M327.1M331.2M265.9M
Net Invested Capital1.4B1.5B1.6B2.3B2.2B1.7B
Net Working Capital379.8M568.9M584.0M1.1B1.0B763.3M
Short Term Investments(2.6M)(2.4M)(1.6M)(2.1M)32.0K33.6K
Capital Stock157.7M157.7M209.9M327.1M331.2M236.4M

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Other Information on Investing in 300608 Stock

Balance Sheet is a snapshot of the financial position of SI TECH Information at a specified time, usually calculated after every quarter, six months, or one year. SI TECH Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SI TECH 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 300608 currently owns. An asset can also be divided into two categories, current and non-current.