Super Property Plant And Equipment Gross vs Cash 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 Property Plant And Equipment Gross and its Cash 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.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super Dragon Enginee Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Super Dragon's Property Plant And Equipment Gross and Cash is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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 Property Plant And Equipment Gross and Cash 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 Gross of Super Dragon Engineering Plastics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Super Dragon's Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of Super Dragon Enginee, which is listed under current asset account on Super Dragon Engineering Plastics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Super Dragon customers. The amounts must be unrestricted with restricted cash listed in a different Super Dragon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expense20.3M17.2M15.8M25.0M
Interest Income896.5K2.4M2.4M2.0M

Super Dragon fundamental ratios Correlations

-0.730.880.970.710.980.920.940.990.960.970.910.90.960.820.930.990.951.00.910.910.890.960.840.96
-0.73-0.56-0.79-0.17-0.58-0.68-0.87-0.75-0.79-0.68-0.88-0.42-0.56-0.57-0.55-0.74-0.65-0.71-0.88-0.7-0.74-0.83-0.41-0.83
0.88-0.560.740.720.870.970.790.880.850.950.730.780.860.470.980.80.920.880.730.620.930.830.70.83
0.97-0.790.740.570.920.820.960.970.950.880.960.830.890.890.80.990.860.960.960.970.820.960.80.96
0.71-0.170.720.570.830.640.460.640.570.770.370.930.880.630.810.680.830.740.370.630.480.50.860.51
0.98-0.580.870.920.830.880.860.950.90.950.810.970.990.840.940.970.960.980.810.90.810.890.910.89
0.92-0.680.970.820.640.880.890.930.940.970.830.760.860.550.960.860.930.910.830.70.980.890.650.89
0.94-0.870.790.960.460.860.890.970.980.890.980.720.820.750.80.940.850.920.980.870.910.970.640.97
0.99-0.750.880.970.640.950.930.970.980.950.940.850.920.790.910.980.920.990.940.90.920.980.790.98
0.96-0.790.850.950.570.90.940.980.980.940.940.790.880.740.870.950.910.950.940.860.930.950.670.95
0.97-0.680.950.880.770.950.970.890.950.940.830.880.950.690.980.930.990.970.830.80.910.90.790.9
0.91-0.880.730.960.370.810.830.980.940.940.830.660.760.740.740.920.770.891.00.870.880.980.640.98
0.9-0.420.780.830.930.970.760.720.850.790.880.660.980.850.880.90.910.920.660.860.650.750.950.76
0.96-0.560.860.890.880.990.860.820.920.880.950.760.980.830.930.950.970.970.760.880.770.840.910.85
0.82-0.570.470.890.630.840.550.750.790.740.690.740.850.830.60.890.720.830.740.980.490.750.850.75
0.93-0.550.980.80.810.940.960.80.910.870.980.740.880.930.60.870.960.930.740.720.90.850.80.85
0.99-0.740.80.990.680.970.860.940.980.950.930.920.90.950.890.870.920.990.920.960.830.950.850.95
0.95-0.650.920.860.830.960.930.850.920.910.990.770.910.970.720.960.920.950.770.810.850.850.810.85
1.0-0.710.880.960.740.980.910.920.990.950.970.890.920.970.830.930.990.950.890.920.870.950.870.95
0.91-0.880.730.960.370.810.830.980.940.940.831.00.660.760.740.740.920.770.890.870.880.980.640.98
0.91-0.70.620.970.630.90.70.870.90.860.80.870.860.880.980.720.960.810.920.870.660.880.860.88
0.89-0.740.930.820.480.810.980.910.920.930.910.880.650.770.490.90.830.850.870.880.660.920.560.92
0.96-0.830.830.960.50.890.890.970.980.950.90.980.750.840.750.850.950.850.950.980.880.920.741.0
0.84-0.410.70.80.860.910.650.640.790.670.790.640.950.910.850.80.850.810.870.640.860.560.740.75
0.96-0.830.830.960.510.890.890.970.980.950.90.980.760.850.750.850.950.850.950.980.880.921.00.75
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Super Dragon Account Relationship Matchups

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Other Information on Investing in Super Stock

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.