Shenzhen Capital Lease Obligations vs Inventory Analysis

300917 Stock

52.30 0.78 1.51%

Shenzhen SDG financial indicator trend analysis is much more than just breaking down Shenzhen SDG Service prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SDG Service is a good investment. Please check the relationship between Shenzhen SDG Capital Lease Obligations and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Service. 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.

Capital Lease Obligations vs Inventory

Capital Lease Obligations vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SDG Service Capital Lease Obligations account and Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shenzhen SDG's Capital Lease Obligations and Inventory is 0.86. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Inventory in the same time period over historical financial statements of Shenzhen SDG Service, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Capital Lease Obligations and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Shenzhen SDG Service are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Capital Lease Obligations i.e., Shenzhen SDG's Capital Lease Obligations and Inventory go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Lease Obligations

Shenzhen SDG Service capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Shenzhen SDG asset purchases. For example, Shenzhen SDG can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Shenzhen SDG control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Inventory

Most indicators from Shenzhen SDG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SDG Service 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 SDG Service. 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.

As of December 25, 2024, Tax Provision is expected to decline to about 39.4 M. In addition to that, Selling General Administrative is expected to decline to about 32.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	283.3M	274.5M	298.3M	275.5M
Total Revenue	1.7B	2.0B	2.4B	1.8B

Gross Profit Total Revenue

Shenzhen SDG fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Short Term Investments	Good Will
Total Assets		-0.94	0.98	0.99	0.99	0.96	0.89	0.89	-0.57	0.97	0.98	0.99	0.98	0.79	0.98	0.99	1.0	0.97	-0.53	0.99	0.9	0.83	0.85	0.77	-0.79	-0.57
Other Current Liab	-0.94		-0.85	-0.97	-0.88	-0.81	-0.9	-0.75	0.47	-0.88	-0.96	-0.97	-0.88	-0.63	-0.86	-0.97	-0.94	-0.84	0.23	-0.97	-0.76	-0.64	-0.69	-0.58	0.6	0.47
Total Current Liabilities	0.98	-0.85		0.95	0.99	1.0	0.81	0.91	-0.58	0.98	0.94	0.94	0.99	0.82	1.0	0.95	0.97	1.0	-0.67	0.95	0.92	0.88	0.9	0.82	-0.83	-0.58
Total Stockholder Equity	0.99	-0.97	0.95		0.96	0.92	0.91	0.84	-0.54	0.96	0.99	0.99	0.96	0.74	0.95	1.0	0.99	0.94	-0.43	1.0	0.86	0.76	0.8	0.7	-0.74	-0.54
Retained Earnings	0.99	-0.88	0.99	0.96		0.99	0.87	0.93	-0.59	0.97	0.96	0.96	0.99	0.83	1.0	0.96	0.99	1.0	-0.64	0.96	0.93	0.88	0.9	0.83	-0.84	-0.59
Accounts Payable	0.96	-0.81	1.0	0.92	0.99		0.78	0.93	-0.58	0.96	0.91	0.92	0.98	0.84	0.99	0.92	0.95	0.99	-0.71	0.92	0.92	0.91	0.92	0.86	-0.84	-0.58
Cash	0.89	-0.9	0.81	0.91	0.87	0.78		0.82	-0.54	0.8	0.93	0.92	0.82	0.71	0.82	0.91	0.89	0.84	-0.35	0.91	0.79	0.73	0.72	0.7	-0.73	-0.54
Non Current Assets Total	0.89	-0.75	0.91	0.84	0.93	0.93	0.82		-0.68	0.82	0.9	0.89	0.87	0.9	0.92	0.84	0.88	0.93	-0.73	0.85	0.91	0.99	0.98	0.97	-0.89	-0.68
Non Currrent Assets Other	-0.57	0.47	-0.58	-0.54	-0.59	-0.58	-0.54	-0.68		-0.53	-0.61	-0.57	-0.61	-0.92	-0.58	-0.54	-0.56	-0.57	0.71	-0.54	-0.84	-0.69	-0.75	-0.68	0.89	1.0
Net Receivables	0.97	-0.88	0.98	0.96	0.97	0.96	0.8	0.82	-0.53		0.92	0.93	0.99	0.75	0.98	0.96	0.98	0.97	-0.56	0.96	0.89	0.76	0.8	0.69	-0.76	-0.53
Common Stock Shares Outstanding	0.98	-0.96	0.94	0.99	0.96	0.91	0.93	0.9	-0.61	0.92		1.0	0.94	0.8	0.94	0.99	0.98	0.93	-0.47	0.99	0.89	0.82	0.85	0.77	-0.79	-0.61
Non Current Liabilities Total	0.99	-0.97	0.94	0.99	0.96	0.92	0.92	0.89	-0.57	0.93	1.0		0.94	0.77	0.94	0.99	0.98	0.93	-0.44	0.99	0.87	0.81	0.85	0.77	-0.75	-0.57
Inventory	0.98	-0.88	0.99	0.96	0.99	0.98	0.82	0.87	-0.61	0.99	0.94	0.94		0.82	0.99	0.96	0.98	0.98	-0.63	0.96	0.93	0.83	0.86	0.76	-0.83	-0.61
Other Current Assets	0.79	-0.63	0.82	0.74	0.83	0.84	0.71	0.9	-0.92	0.75	0.8	0.77	0.82		0.82	0.74	0.77	0.83	-0.84	0.74	0.97	0.91	0.93	0.88	-0.99	-0.92
Total Liab	0.98	-0.86	1.0	0.95	1.0	0.99	0.82	0.92	-0.58	0.98	0.94	0.94	0.99	0.82		0.95	0.98	1.0	-0.66	0.95	0.92	0.88	0.9	0.82	-0.83	-0.58
Net Invested Capital	0.99	-0.97	0.95	1.0	0.96	0.92	0.91	0.84	-0.54	0.96	0.99	0.99	0.96	0.74	0.95		0.99	0.94	-0.43	1.0	0.86	0.76	0.8	0.7	-0.74	-0.54
Total Current Assets	1.0	-0.94	0.97	0.99	0.99	0.95	0.89	0.88	-0.56	0.98	0.98	0.98	0.98	0.77	0.98	0.99		0.97	-0.51	0.99	0.89	0.81	0.84	0.75	-0.78	-0.56
Capital Stock	0.97	-0.84	1.0	0.94	1.0	0.99	0.84	0.93	-0.57	0.97	0.93	0.93	0.98	0.83	1.0	0.94	0.97		-0.68	0.94	0.92	0.89	0.9	0.84	-0.85	-0.57
Non Current Liabilities Other	-0.53	0.23	-0.67	-0.43	-0.64	-0.71	-0.35	-0.73	0.71	-0.56	-0.47	-0.44	-0.63	-0.84	-0.66	-0.43	-0.51	-0.68		-0.43	-0.78	-0.82	-0.8	-0.81	0.86	0.71
Net Working Capital	0.99	-0.97	0.95	1.0	0.96	0.92	0.91	0.85	-0.54	0.96	0.99	0.99	0.96	0.74	0.95	1.0	0.99	0.94	-0.43		0.86	0.76	0.8	0.7	-0.74	-0.54
Intangible Assets	0.9	-0.76	0.92	0.86	0.93	0.92	0.79	0.91	-0.84	0.89	0.89	0.87	0.93	0.97	0.92	0.86	0.89	0.92	-0.78	0.86		0.89	0.93	0.85	-0.97	-0.84
Property Plant And Equipment Net	0.83	-0.64	0.88	0.76	0.88	0.91	0.73	0.99	-0.69	0.76	0.82	0.81	0.83	0.91	0.88	0.76	0.81	0.89	-0.82	0.76	0.89		0.99	0.99	-0.9	-0.69
Capital Lease Obligations	0.85	-0.69	0.9	0.8	0.9	0.92	0.72	0.98	-0.75	0.8	0.85	0.85	0.86	0.93	0.9	0.8	0.84	0.9	-0.8	0.8	0.93	0.99		0.97	-0.9	-0.75
Property Plant And Equipment Gross	0.77	-0.58	0.82	0.7	0.83	0.86	0.7	0.97	-0.68	0.69	0.77	0.77	0.76	0.88	0.82	0.7	0.75	0.84	-0.81	0.7	0.85	0.99	0.97		-0.88	-0.68
Short Term Investments	-0.79	0.6	-0.83	-0.74	-0.84	-0.84	-0.73	-0.89	0.89	-0.76	-0.79	-0.75	-0.83	-0.99	-0.83	-0.74	-0.78	-0.85	0.86	-0.74	-0.97	-0.9	-0.9	-0.88		0.89
Good Will	-0.57	0.47	-0.58	-0.54	-0.59	-0.58	-0.54	-0.68	1.0	-0.53	-0.61	-0.57	-0.61	-0.92	-0.58	-0.54	-0.56	-0.57	0.71	-0.54	-0.84	-0.69	-0.75	-0.68	0.89

Click cells to compare fundamentals

Shenzhen SDG Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen SDG Service at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shenzhen Capital Lease Obligations vs Inventory Analysis

Capital Lease Obligations vs Inventory

Capital Lease Obligations vs Inventory Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Inventory

Shenzhen SDG fundamental ratios Correlations

Shenzhen SDG Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity

Short Term Investments	- 0.99	Other Current Assets
Short Term Investments	- 0.97	Intangible Assets
Net Working Capital	- 0.97	Other Current Liab
Net Invested Capital	- 0.97	Other Current Liab
Non Current Liabilities Total	- 0.97	Other Current Liab
Total Stockholder Equity	- 0.97	Other Current Liab