Super Other Current Liab vs Long Term Debt Analysis
301131 Stock | 37.29 0.84 2.30% |
Super Dragon financial indicator trend analysis is much more than just breaking down Super Dragon Enginee prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Super Dragon Enginee is a good investment. Please check the relationship between Super Dragon Other Current Liab and its Long Term Debt 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.
Other Current Liab vs Long Term Debt
Other Current Liab vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super Dragon Enginee Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Super Dragon's Other Current Liab and Long Term Debt is -0.41. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt 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's Other Current Liab and Long Term Debt 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 Liab of Super Dragon Engineering Plastics are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Super Dragon's Other Current Liab and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Liab
Long Term Debt
Long-term debt is a debt that Super Dragon Enginee has held for over one year. Long-term debt appears on Super Dragon Engineering Plastics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Super Dragon Engineering Plastics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Super Dragon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Super Dragon Enginee 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 November 28, 2024, 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
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.3M | 17.2M | 15.8M | 25.0M | Interest Income | 896.5K | 2.4M | 2.4M | 2.0M |
Super Dragon fundamental ratios Correlations
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Super Dragon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Super Dragon Enginee at a specified time, usually calculated after every quarter, six months, or one year. Super Dragon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Super Dragon 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 currently owns. An asset can also be divided into two categories, current and non-current.