Sichuan Non Current Assets Total vs Other Current Assets Analysis

600039 Stock   7.05  0.03  0.42%   
Sichuan Road financial indicator trend analysis is much more than just breaking down Sichuan Road Bridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Road Bridge is a good investment. Please check the relationship between Sichuan Road Non Current Assets Total and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Road Bridge. 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 Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Road Bridge Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sichuan Road's Non Current Assets Total and Other Current Assets is 0.88. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Sichuan Road Bridge, assuming nothing else is changed. The correlation between historical values of Sichuan Road's Non Current Assets Total and Other Current Assets 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 Current Assets Total of Sichuan Road Bridge are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Sichuan Road's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Sichuan Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Road Bridge 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 Sichuan Road Bridge. 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 Selling General Administrative is expected to grow to about 613.4 M. The current year's Tax Provision is expected to grow to about 2.3 B
 2022 2023 2024 2025 (projected)
Operating Income16.6B14.5B16.6B17.5B
Total Revenue135.2B115.0B132.3B138.9B

Sichuan Road fundamental ratios Correlations

0.741.01.01.00.990.940.940.96-0.370.971.00.870.870.960.990.430.940.850.850.930.730.260.980.610.9
0.740.730.720.690.690.770.710.8-0.290.610.750.90.890.70.780.370.740.540.530.680.690.460.620.620.6
1.00.730.990.991.00.940.930.94-0.350.981.00.850.840.970.980.40.920.850.850.920.690.230.980.580.89
1.00.720.991.00.990.950.950.95-0.390.971.00.860.860.960.980.480.950.880.870.950.740.250.980.610.91
1.00.690.991.01.00.940.950.94-0.390.980.990.830.830.960.980.450.940.880.870.940.710.220.990.580.91
0.990.691.00.991.00.930.930.93-0.350.990.990.810.810.970.970.410.920.870.860.920.680.190.990.550.9
0.940.770.940.950.940.930.910.89-0.360.890.940.860.850.920.930.450.910.820.850.890.750.280.920.630.85
0.940.710.930.950.950.930.910.95-0.40.880.940.840.870.880.950.630.990.930.830.990.80.220.910.60.9
0.960.80.940.950.940.930.890.95-0.410.870.960.940.940.880.990.540.960.820.790.940.820.390.890.720.86
-0.37-0.29-0.35-0.39-0.39-0.35-0.36-0.4-0.41-0.31-0.37-0.38-0.51-0.21-0.39-0.57-0.44-0.34-0.36-0.43-0.5-0.38-0.35-0.5-0.38
0.970.610.980.970.980.990.890.880.87-0.310.960.720.720.960.920.330.860.840.840.880.590.130.990.460.88
1.00.751.01.00.990.990.940.940.96-0.370.960.870.870.960.990.420.930.840.850.930.730.270.980.610.89
0.870.90.850.860.830.810.860.840.94-0.380.720.870.970.780.920.490.870.650.680.810.840.550.750.790.74
0.870.890.840.860.830.810.850.870.94-0.510.720.870.970.770.910.60.90.720.70.850.830.480.750.760.75
0.960.70.970.960.960.970.920.880.88-0.210.960.960.780.770.930.280.860.840.830.860.580.110.960.470.84
0.990.780.980.980.980.970.930.950.99-0.390.920.990.920.910.930.480.950.830.820.940.790.350.940.680.89
0.430.370.40.480.450.410.450.630.54-0.570.330.420.490.60.280.480.670.650.490.660.610.190.390.450.52
0.940.740.920.950.940.920.910.990.96-0.440.860.930.870.90.860.950.670.90.810.990.840.30.890.660.88
0.850.540.850.880.880.870.820.930.82-0.340.840.840.650.720.840.830.650.90.830.940.61-0.030.870.390.86
0.850.530.850.870.870.860.850.830.79-0.360.840.850.680.70.830.820.490.810.830.820.720.210.860.550.96
0.930.680.920.950.940.920.890.990.94-0.430.880.930.810.850.860.940.660.990.940.820.80.210.910.60.89
0.730.690.690.740.710.680.750.80.82-0.50.590.730.840.830.580.790.610.840.610.720.80.640.640.850.8
0.260.460.230.250.220.190.280.220.39-0.380.130.270.550.480.110.350.190.3-0.030.210.210.640.140.870.24
0.980.620.980.980.990.990.920.910.89-0.350.990.980.750.750.960.940.390.890.870.860.910.640.140.510.89
0.610.620.580.610.580.550.630.60.72-0.50.460.610.790.760.470.680.450.660.390.550.60.850.870.510.56
0.90.60.890.910.910.90.850.90.86-0.380.880.890.740.750.840.890.520.880.860.960.890.80.240.890.56
Click cells to compare fundamentals

Sichuan Road Account Relationship Matchups

Sichuan Road fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets113.2B137.0B208.3B240.9B277.1B290.9B
Other Current Liab16.0B9.8B14.8B13.3B15.3B16.1B
Total Current Liabilities54.0B62.3B108.5B124.3B142.9B150.1B
Total Stockholder Equity22.6B27.1B41.8B45.1B51.9B54.5B
Retained Earnings10.9B15.3B24.6B27.7B31.8B33.4B
Accounts Payable28.7B36.6B64.2B76.9B88.5B92.9B
Cash14.1B12.3B31.4B21.7B25.0B26.2B
Other Assets7.0B11.7B16.0B21.3B24.5B25.7B
Net Receivables13.5B18.6B16.5B20.8B23.9B25.1B
Inventory2.0B3.3B4.9B5.4B6.2B5.9B
Other Current Assets5.3B3.9B13.2B17.2B19.7B20.7B
Total Liab88.5B106.5B162.3B190.2B218.7B229.6B
Intangible Assets29.2B30.0B32.2B33.7B38.7B40.6B
Property Plant Equipment2.5B3.3B3.7B6.3B7.3B7.7B
Long Term Debt35.5B42.7B51.0B62.7B72.1B75.7B
Short Term Investments25.8M27.7M20.5M17.9M20.6M17.6M
Other Liab421.2M652.5M932.1M1.1B1.3B1.3B
Net Tangible Assets(13.8B)(12.6B)(6.0B)(2.8B)(3.2B)(3.4B)
Other Stockholder Equity651.9M749.5M886.9M1.2B1.4B834.6M
Deferred Long Term Liab177.6M262.6M407.6M485.9M558.8M586.7M
Short Long Term Debt3.6B1.9B1.9B3.2B2.9B2.5B
Total Current Assets60.0B72.7B131.3B146.1B168.0B176.4B
Non Current Assets Total56.5B64.4B77.0B94.8B109.1B62.9B
Non Currrent Assets Other1.1B15.8B17.4B10.8B12.5B6.5B
Non Current Liabilities Total36.5B44.2B53.8B65.9B75.7B42.8B
Non Current Liabilities Other456.2M772.7M1.9B2.0B2.4B2.5B
Net Debt25.0B32.3B21.4B44.2B50.9B30.1B
Common Stock Shares Outstanding23.9B23.9B6.2B8.7B7.8B13.4B
Net Invested Capital61.7B71.8B94.6B111.1B127.8B75.7B
Net Working Capital4.7B10.4B22.8B21.8B25.1B26.3B
Capital Stock4.8B4.8B6.2B8.7B10.0B5.8B
Property Plant And Equipment Net3.3B3.7B6.3B18.3B21.1B22.1B
Property Plant And Equipment Gross5.3B5.9B6.3B23.8B27.4B28.8B

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Other Information on Investing in Sichuan Stock

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