Shenzhen Other Current Assets vs Other Current Liab Analysis

300769 Stock   40.05  0.15  0.37%   
Shenzhen Dynanonic financial indicator trend analysis is much more than just breaking down Shenzhen Dynanonic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Dynanonic is a good investment. Please check the relationship between Shenzhen Dynanonic Other Current Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Dynanonic Co. 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.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Dynanonic Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shenzhen Dynanonic's Other Current Assets and Other Current Liab is 0.35. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Shenzhen Dynanonic Co, assuming nothing else is changed. The correlation between historical values of Shenzhen Dynanonic's Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Shenzhen Dynanonic Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Shenzhen Dynanonic's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

Most indicators from Shenzhen Dynanonic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Dynanonic 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 Shenzhen Dynanonic Co. 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 213.6 M, whereas Tax Provision is projected to grow to (193.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense42.0M257.0M303.1M318.3M
Depreciation And Amortization179.9M317.0M509.8M535.2M

Shenzhen Dynanonic fundamental ratios Correlations

0.990.330.990.990.970.780.940.970.990.980.970.70.940.940.960.810.980.971.00.980.990.910.90.560.94
0.990.250.970.980.980.70.980.940.970.950.980.720.940.920.990.770.980.970.990.960.980.90.90.450.92
0.330.250.40.310.180.610.190.480.390.330.2-0.070.180.460.150.570.350.230.340.420.360.170.080.530.24
0.990.970.40.970.930.850.920.991.00.960.930.590.890.980.920.890.960.930.991.00.990.840.820.580.89
0.990.980.310.970.980.750.920.950.980.990.980.750.970.910.970.760.980.990.990.960.970.940.930.570.97
0.970.980.180.930.980.620.940.880.940.961.00.840.990.840.990.650.960.990.960.910.930.970.970.50.97
0.780.70.610.850.750.620.60.880.850.790.630.230.610.880.580.950.690.670.790.870.80.530.480.750.65
0.940.980.190.920.920.940.60.890.910.860.930.660.860.890.970.730.950.90.950.910.960.830.840.270.83
0.970.940.480.990.950.880.880.890.990.940.890.520.840.990.880.920.930.90.981.00.980.790.760.580.85
0.990.970.391.00.980.940.850.910.990.980.940.630.910.960.930.870.960.950.990.990.990.870.850.610.92
0.980.950.330.960.990.960.790.860.940.980.960.740.970.890.930.760.940.980.970.950.940.940.910.680.98
0.970.980.20.930.981.00.630.930.890.940.960.840.990.840.990.650.960.990.960.910.930.970.970.520.97
0.70.72-0.070.590.750.840.230.660.520.630.740.840.880.420.810.170.690.810.670.550.590.90.930.470.86
0.940.940.180.890.970.990.610.860.840.910.970.990.880.780.960.590.920.990.920.870.880.990.990.60.99
0.940.920.460.980.910.840.880.890.990.960.890.840.420.780.850.950.910.850.960.990.980.720.70.490.78
0.960.990.150.920.970.990.580.970.880.930.930.990.810.960.850.650.970.970.960.90.940.940.950.40.93
0.810.770.570.890.760.650.950.730.920.870.760.650.170.590.950.650.760.670.830.910.870.510.470.520.61
0.980.980.350.960.980.960.690.950.930.960.940.960.690.920.910.970.760.970.980.950.970.910.890.440.92
0.970.970.230.930.990.990.670.90.90.950.980.990.810.990.850.970.670.970.960.920.930.970.970.550.99
1.00.990.340.990.990.960.790.950.980.990.970.960.670.920.960.960.830.980.960.990.990.880.870.530.92
0.980.960.421.00.960.910.870.911.00.990.950.910.550.870.990.90.910.950.920.990.990.820.790.560.87
0.990.980.360.990.970.930.80.960.980.990.940.930.590.880.980.940.870.970.930.990.990.830.820.480.87
0.910.90.170.840.940.970.530.830.790.870.940.970.90.990.720.940.510.910.970.880.820.830.990.550.98
0.90.90.080.820.930.970.480.840.760.850.910.970.930.990.70.950.470.890.970.870.790.820.990.50.97
0.560.450.530.580.570.50.750.270.580.610.680.520.470.60.490.40.520.440.550.530.560.480.550.50.64
0.940.920.240.890.970.970.650.830.850.920.980.970.860.990.780.930.610.920.990.920.870.870.980.970.64
Click cells to compare fundamentals

Shenzhen Dynanonic Account Relationship Matchups

Shenzhen Dynanonic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B3.8B8.9B29.1B20.7B21.8B
Short Long Term Debt Total130.1M325.1M1.4B9.2B6.9B7.3B
Other Current Liab93.1M13.8M62.1M77.0M10.6M10.1M
Total Current Liabilities660.1M1.5B4.5B14.2B7.8B8.2B
Total Stockholder Equity947.9M2.1B3.1B8.8B7.1B7.5B
Property Plant And Equipment Net457.3M1.4B2.5B8.8B9.4B9.9B
Current Deferred Revenue52.1M196.3M723.2M1.1B232.4M239.7M
Net Debt(170.1M)(844.1M)(511.1M)5.7B4.1B4.3B
Retained Earnings383.3M354.9M1.2B3.4B1.6B1.7B
Accounts Payable384.8M974.4M2.7B7.2B4.3B4.5B
Cash300.2M1.2B1.9B3.5B2.9B3.0B
Non Current Assets Total767.7M1.8B3.5B10.8B11.5B12.1B
Non Currrent Assets Other121.4M89.1M655.8M196.5M2.1B2.2B
Cash And Short Term Investments300.2M1.2B1.9B3.5B4.5B4.8B
Net Receivables415.9M511.4M1.9B9.1B3.4B3.6B
Liabilities And Stockholders Equity1.7B3.8B8.9B29.1B20.7B21.8B
Non Current Liabilities Total60.9M101.5M407.5M4.2B4.2B4.4B
Inventory99.0M250.2M1.6B5.1B845.6M816.6M
Other Current Assets126.3M84.7M61.6M548.3M404.4M424.7M
Other Stockholder Equity494.2M1.7B1.6B4.8B4.8B5.0B
Total Liab721.0M1.6B5.0B18.4B12.0B12.6B
Total Current Assets941.5M2.0B5.5B18.3B9.2B9.7B
Short Term Debt130.1M305.1M1.1B5.9B3.3B3.4B
Intangible Assets124.1M207.8M198.3M384.8M574.5M603.2M
Common Stock42.7M89.6M89.2M173.8M279.2M293.2M
Common Stock Shares Outstanding221.6M227.2M469.8M276.0M279.7M251.4M
Other Liab46.1M72.8M87.7M125.5M144.3M151.6M
Net Tangible Assets454.3M823.8M1.9B2.9B3.3B3.5B
Long Term Debt14.8M20.0M160.5M2.5B3.0B3.2B
Deferred Long Term Liab25.0M28.8M28.6M93.4M107.4M112.7M
Short Long Term Debt130.1M305.1M996.2M4.7B1.2B1.1B
Property Plant Equipment325.9M457.3M1.4B2.5B2.9B3.0B
Net Invested Capital1.1B2.4B4.2B16.0B11.3B5.7B
Net Working Capital281.4M525.9M944.3M4.1B1.4B1.2B
Capital Stock42.7M89.6M89.2M173.8M279.2M293.2M

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Other Information on Investing in Shenzhen Stock

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