Sublime Non Currrent Assets Other vs Retained Earnings Analysis

301299 Stock   55.87  3.08  5.22%   
Sublime China financial indicator trend analysis is much more than just breaking down Sublime China Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sublime China Information is a good investment. Please check the relationship between Sublime China Non Currrent Assets Other and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sublime China Information. 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sublime China Information Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sublime China's Non Currrent Assets Other and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Sublime China Information, assuming nothing else is changed. The correlation between historical values of Sublime China's Non Currrent Assets Other and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Sublime China Information are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Sublime China's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Sublime China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sublime China Information 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 Sublime China Information. 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 Tax Provision is expected to grow to about 5.5 M, whereas Selling General Administrative is forecasted to decline to about 75 M.
 2022 2023 2024 2025 (projected)
Net Interest Income6.5M999.3K1.1M1.1M
Tax Provision7.3M5.7M5.1M5.5M

Sublime China fundamental ratios Correlations

-0.22-0.51-0.67-0.47-0.82-0.540.670.35-0.47-0.61-0.53-0.58-0.730.73-0.44-0.8-0.69-0.47-0.72-0.45-0.58-0.40.9
-0.220.70.810.680.230.82-0.730.240.320.850.80.60.37-0.690.670.30.780.680.510.790.60.76-0.5
-0.510.70.891.00.630.98-0.96-0.50.80.880.950.990.82-0.870.970.750.91.00.870.950.990.94-0.81
-0.670.810.890.870.730.96-0.96-0.180.710.970.970.880.82-0.870.80.761.00.870.90.850.880.81-0.88
-0.470.681.00.870.60.96-0.94-0.530.80.860.940.980.8-0.860.970.740.871.00.850.950.980.94-0.79
-0.820.230.630.730.60.61-0.69-0.480.780.590.660.730.95-0.590.490.840.770.60.920.460.730.4-0.84
-0.540.820.980.960.960.61-0.98-0.310.720.960.980.940.77-0.910.930.720.950.960.850.960.940.94-0.83
0.67-0.73-0.96-0.96-0.94-0.69-0.980.37-0.77-0.97-0.97-0.94-0.840.92-0.89-0.84-0.96-0.94-0.9-0.91-0.94-0.880.92
0.350.24-0.5-0.18-0.53-0.48-0.310.37-0.63-0.12-0.28-0.6-0.590.35-0.53-0.58-0.23-0.53-0.5-0.36-0.6-0.380.45
-0.470.320.80.710.80.780.72-0.77-0.630.650.80.850.91-0.510.650.880.740.80.910.580.850.55-0.73
-0.610.850.880.970.860.590.96-0.97-0.120.650.970.840.72-0.880.80.740.960.860.820.870.840.83-0.85
-0.530.80.950.970.940.660.98-0.97-0.280.80.970.920.81-0.830.860.770.970.940.890.890.920.86-0.83
-0.580.60.990.880.980.730.94-0.94-0.60.850.840.920.89-0.860.940.810.890.980.920.911.00.89-0.85
-0.730.370.820.820.80.950.77-0.84-0.590.910.720.810.89-0.690.690.910.860.80.990.650.890.6-0.88
0.73-0.69-0.87-0.87-0.86-0.59-0.910.920.35-0.51-0.88-0.83-0.86-0.69-0.89-0.69-0.87-0.86-0.76-0.92-0.86-0.910.89
-0.440.670.970.80.970.490.93-0.89-0.530.650.80.860.940.69-0.890.620.80.970.750.980.940.98-0.73
-0.80.30.750.760.740.840.72-0.84-0.580.880.740.770.810.91-0.690.620.790.740.90.580.810.54-0.92
-0.690.780.91.00.870.770.95-0.96-0.230.740.960.970.890.86-0.870.80.790.870.920.850.890.8-0.9
-0.470.681.00.871.00.60.96-0.94-0.530.80.860.940.980.8-0.860.970.740.870.850.950.980.94-0.79
-0.720.510.870.90.850.920.85-0.9-0.50.910.820.890.920.99-0.760.750.90.920.850.730.920.68-0.91
-0.450.790.950.850.950.460.96-0.91-0.360.580.870.890.910.65-0.920.980.580.850.950.730.911.0-0.74
-0.580.60.990.880.980.730.94-0.94-0.60.850.840.921.00.89-0.860.940.810.890.980.920.910.89-0.85
-0.40.760.940.810.940.40.94-0.88-0.380.550.830.860.890.6-0.910.980.540.80.940.681.00.89-0.7
0.9-0.5-0.81-0.88-0.79-0.84-0.830.920.45-0.73-0.85-0.83-0.85-0.880.89-0.73-0.92-0.9-0.79-0.91-0.74-0.85-0.7
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Sublime China Account Relationship Matchups

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Other Information on Investing in Sublime Stock

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