Super-Dragon Net Debt vs Accounts Payable Analysis

301131 Stock

38.29 0.68 1.81%

Super-Dragon Engineering financial indicator trend analysis is much more than just breaking down Super-Dragon Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Super-Dragon Engineering is a good investment. Please check the relationship between Super-Dragon Engineering Net Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Super Dragon Engineering Plastics. 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.

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super-Dragon Engineering Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Super-Dragon Engineering's Net Debt and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Super Dragon Engineering Plastics, assuming nothing else is changed. The correlation between historical values of Super-Dragon Engineering's Net Debt 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 Net Debt of Super Dragon Engineering Plastics 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 Net Debt i.e., Super-Dragon Engineering's Net Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Super-Dragon Engineering 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 Super-Dragon Engineering 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 Super-Dragon Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Super-Dragon Engineering 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 Super Dragon Engineering Plastics. 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.

As of February 26, 2025, Tax Provision is expected to decline to about 4.5 M. In addition to that, Selling General Administrative is expected to decline to about 23.8 M

	2022	2023	2024	2025 (projected)
Interest Expense	17.2M	15.8M	14.2M	25.0M
Interest Income	2.4M	2.4M	2.8M	2.0M

Interest Expense Interest Income

Super-Dragon Engineering fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	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	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Long Term Debt	Property Plant And Equipment Gross
Total Assets		-0.79	0.93	0.98	0.7	0.98	0.96	0.97	1.0	0.92	0.98	0.95	0.88	0.96	0.77	0.96	0.99	0.97	1.0	0.95	0.92	0.94	0.98	0.84	0.98
Other Current Liab	-0.79		-0.69	-0.84	-0.28	-0.69	-0.76	-0.88	-0.81	-0.91	-0.76	-0.9	-0.52	-0.67	-0.61	-0.68	-0.81	-0.74	-0.78	-0.9	-0.77	-0.79	-0.86	-0.51	-0.86
Total Current Liabilities	0.93	-0.69		0.85	0.68	0.9	0.99	0.89	0.93	0.87	0.98	0.82	0.78	0.89	0.51	0.99	0.88	0.96	0.93	0.82	0.73	0.97	0.91	0.72	0.91
Total Stockholder Equity	0.98	-0.84	0.85		0.6	0.94	0.89	0.97	0.98	0.9	0.92	0.98	0.84	0.92	0.85	0.88	0.99	0.91	0.97	0.98	0.97	0.89	0.97	0.81	0.97
Net Debt	0.7	-0.28	0.68	0.6		0.82	0.63	0.51	0.65	0.65	0.73	0.49	0.93	0.86	0.66	0.77	0.69	0.78	0.72	0.49	0.66	0.52	0.54	0.87	0.55
Retained Earnings	0.98	-0.69	0.9	0.94	0.82		0.91	0.9	0.96	0.89	0.96	0.88	0.96	1.0	0.82	0.95	0.97	0.96	0.98	0.88	0.93	0.86	0.92	0.91	0.92
Accounts Payable	0.96	-0.76	0.99	0.89	0.63	0.91		0.94	0.96	0.89	0.98	0.87	0.77	0.89	0.56	0.98	0.91	0.96	0.95	0.87	0.78	0.99	0.94	0.69	0.94
Cash	0.97	-0.88	0.89	0.97	0.51	0.9	0.94		0.98	0.91	0.94	0.97	0.74	0.87	0.71	0.89	0.96	0.92	0.96	0.97	0.89	0.95	0.98	0.69	0.98
Non Current Assets Total	1.0	-0.81	0.93	0.98	0.65	0.96	0.96	0.98		0.91	0.97	0.95	0.84	0.94	0.75	0.95	0.99	0.96	0.99	0.95	0.91	0.95	0.99	0.8	0.99
Non Currrent Assets Other	0.92	-0.91	0.87	0.9	0.65	0.89	0.89	0.91	0.91		0.93	0.9	0.79	0.89	0.7	0.88	0.91	0.93	0.92	0.9	0.85	0.87	0.91	0.75	0.91
Net Receivables	0.98	-0.76	0.98	0.92	0.73	0.96	0.98	0.94	0.97	0.93		0.89	0.85	0.95	0.67	0.99	0.95	0.99	0.98	0.89	0.85	0.96	0.95	0.79	0.95
Common Stock Shares Outstanding	0.95	-0.9	0.82	0.98	0.49	0.88	0.87	0.97	0.95	0.9	0.89		0.73	0.85	0.78	0.83	0.96	0.88	0.94	1.0	0.93	0.89	0.97	0.73	0.97
Non Current Liabilities Total	0.88	-0.52	0.78	0.84	0.93	0.96	0.77	0.74	0.84	0.79	0.85	0.73		0.97	0.86	0.86	0.89	0.88	0.89	0.73	0.88	0.69	0.77	0.95	0.77
Inventory	0.96	-0.67	0.89	0.92	0.86	1.0	0.89	0.87	0.94	0.89	0.95	0.85	0.97		0.82	0.95	0.96	0.97	0.97	0.85	0.91	0.84	0.89	0.91	0.89
Other Current Assets	0.77	-0.61	0.51	0.85	0.66	0.82	0.56	0.71	0.75	0.7	0.67	0.78	0.86	0.82		0.62	0.85	0.7	0.78	0.78	0.95	0.52	0.71	0.86	0.72
Total Liab	0.96	-0.68	0.99	0.88	0.77	0.95	0.98	0.89	0.95	0.88	0.99	0.83	0.86	0.95	0.62		0.92	0.98	0.96	0.83	0.8	0.94	0.92	0.8	0.92
Net Invested Capital	0.99	-0.81	0.88	0.99	0.69	0.97	0.91	0.96	0.99	0.91	0.95	0.96	0.89	0.96	0.85	0.92		0.95	0.99	0.96	0.97	0.89	0.97	0.85	0.97
Short Long Term Debt	0.97	-0.74	0.96	0.91	0.78	0.96	0.96	0.92	0.96	0.93	0.99	0.88	0.88	0.97	0.7	0.98	0.95		0.97	0.88	0.85	0.92	0.92	0.81	0.92
Total Current Assets	1.0	-0.78	0.93	0.97	0.72	0.98	0.95	0.96	0.99	0.92	0.98	0.94	0.89	0.97	0.78	0.96	0.99	0.97		0.94	0.93	0.93	0.97	0.85	0.97
Capital Stock	0.95	-0.9	0.82	0.98	0.49	0.88	0.87	0.97	0.95	0.9	0.89	1.0	0.73	0.85	0.78	0.83	0.96	0.88	0.94		0.93	0.89	0.97	0.73	0.97
Net Working Capital	0.92	-0.77	0.73	0.97	0.66	0.93	0.78	0.89	0.91	0.85	0.85	0.93	0.88	0.91	0.95	0.8	0.97	0.85	0.93	0.93		0.75	0.89	0.88	0.9
Intangible Assets	0.94	-0.79	0.97	0.89	0.52	0.86	0.99	0.95	0.95	0.87	0.96	0.89	0.69	0.84	0.52	0.94	0.89	0.92	0.93	0.89	0.75		0.96	0.63	0.96
Property Plant And Equipment Net	0.98	-0.86	0.91	0.97	0.54	0.92	0.94	0.98	0.99	0.91	0.95	0.97	0.77	0.89	0.71	0.92	0.97	0.92	0.97	0.97	0.89	0.96		0.76	1.0
Long Term Debt	0.84	-0.51	0.72	0.81	0.87	0.91	0.69	0.69	0.8	0.75	0.79	0.73	0.95	0.91	0.86	0.8	0.85	0.81	0.85	0.73	0.88	0.63	0.76		0.76
Property Plant And Equipment Gross	0.98	-0.86	0.91	0.97	0.55	0.92	0.94	0.98	0.99	0.91	0.95	0.97	0.77	0.89	0.72	0.92	0.97	0.92	0.97	0.97	0.9	0.96	1.0	0.76

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Super-Dragon Engineering Account Relationship Matchups

Super-Dragon Engineering fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.2B	1.4B	1.7B	1.9B	1.4B
Other Current Liab	80.9M	129.2M	34.9M	3.7M	3.3M	3.2M
Total Current Liabilities	621.2M	684.0M	553.0M	801.4M	921.6M	700.2M
Total Stockholder Equity	392.0M	456.4M	777.5M	805.4M	926.2M	606.9M
Net Debt	252.7M	317.5M	242.9M	221.7M	255.0M	266.3M
Retained Earnings	139.8M	204.0M	210.9M	236.2M	271.6M	191.6M
Accounts Payable	192.5M	185.0M	169.1M	280.1M	322.1M	211.5M
Cash	110.6M	91.5M	157.8M	201.9M	232.2M	142.5M
Non Current Assets Total	193.1M	233.6M	314.3M	433.5M	498.5M	285.7M
Non Currrent Assets Other	7.8M	4.8M	11.3M	17.8M	20.5M	21.6M
Net Receivables	317.6M	325.0M	318.7M	382.5M	439.9M	352.9M
Non Current Liabilities Total	56.5M	103.1M	95.5M	79.9M	91.9M	77.3M
Inventory	196.5M	239.5M	240.6M	250.1M	287.6M	233.2M
Other Current Assets	6.4M	19.0M	58.1M	23.1M	26.6M	23.4M
Total Liab	677.7M	787.1M	648.5M	881.3M	1.0B	777.5M
Net Invested Capital	755.3M	865.4M	1.2B	1.2B	1.4B	1.0B
Short Long Term Debt	322.7M	322.4M	319.5M	356.4M	409.9M	348.2M
Total Current Assets	876.6M	1.0B	1.1B	1.2B	1.4B	1.1B
Net Working Capital	255.5M	325.9M	557.0M	442.7M	509.1M	396.1M
Intangible Assets	21.1M	20.6M	20.1M	38.2M	43.9M	25.6M

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Other Information on Investing in Super-Dragon Stock

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

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Super-Dragon Net Debt vs Accounts Payable Analysis

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Debt

Accounts Payable

Super-Dragon Engineering fundamental ratios Correlations

Super-Dragon Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Super-Dragon Engineering fundamental ratios Accounts

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Other Information on Investing in Super-Dragon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Inventory	+ 1.0	Retained Earnings
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.91	Other Current Liab
Capital Stock	- 0.9	Other Current Liab
Common Stock Shares Outstanding	- 0.9	Other Current Liab
Cash	- 0.88	Other Current Liab
Property Plant And Equipment Gross	- 0.86	Other Current Liab
Property Plant And Equipment Net	- 0.86	Other Current Liab