Fuzhou Cash vs Total Current Assets Analysis

603893 Stock

85.40 0.87 1.03%

Fuzhou Rockchip financial indicator trend analysis is much more than just examining Fuzhou Rockchip Elec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fuzhou Rockchip Elec is a good investment. Please check the relationship between Fuzhou Rockchip Cash and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fuzhou Rockchip Electronics. 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.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fuzhou Rockchip Elec Cash account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Fuzhou Rockchip's Cash and Total Current Assets is 0.75. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Fuzhou Rockchip Electronics, assuming nothing else is changed. The correlation between historical values of Fuzhou Rockchip's Cash and Total 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 Cash of Fuzhou Rockchip Electronics are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Fuzhou Rockchip's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Fuzhou Rockchip Elec, which is listed under current asset account on Fuzhou Rockchip Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fuzhou Rockchip customers. The amounts must be unrestricted with restricted cash listed in a different Fuzhou Rockchip 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Fuzhou Rockchip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fuzhou Rockchip Elec 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 Fuzhou Rockchip Electronics. 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 71.4 M, whereas Tax Provision is projected to grow to (50 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	764.9M	731.0M	726.4M
Total Revenue	2.7B	2.0B	2.1B	1.9B

Gross Profit Total Revenue

Fuzhou Rockchip fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Total Liab	Non Current Liabilities Other	Intangible Assets	Common Stock Shares Outstanding
Other Current Liab		0.33	0.03	-0.01	0.15	0.05	-0.27	0.14	-0.26	0.36	-0.42	-0.11	0.05	-0.12	0.09	0.05	0.02	-0.06	0.04	-0.21	0.16	0.6	0.34	0.56	0.33	0.02
Total Current Liabilities	0.33		0.52	0.88	0.94	0.91	0.71	0.7	0.61	0.68	0.47	0.76	0.9	0.71	0.89	0.93	0.91	0.53	0.88	0.47	0.8	0.55	1.0	-0.32	0.7	0.86
Other Liab	0.03	0.52		0.61	0.6	0.35	0.35	-0.05	0.26	-0.02	0.58	0.52	0.67	0.71	0.27	0.61	0.6	0.85	0.29	0.04	0.57	0.73	0.57	-0.23	0.64	0.58
Net Tangible Assets	-0.01	0.88	0.61		0.97	0.88	0.87	0.59	0.79	0.58	0.57	0.82	0.99	0.92	0.89	0.99	0.99	0.68	0.88	0.62	0.83	0.35	0.87	-0.36	0.52	0.82
Retained Earnings	0.15	0.94	0.6	0.97		0.87	0.79	0.6	0.72	0.69	0.54	0.8	0.98	0.88	0.88	0.99	0.98	0.66	0.87	0.63	0.84	0.46	0.94	-0.31	0.56	0.84
Accounts Payable	0.05	0.91	0.35	0.88	0.87		0.9	0.86	0.81	0.68	0.55	0.85	0.84	0.64	0.97	0.9	0.89	0.34	0.98	0.55	0.7	0.26	0.89	-0.43	0.51	0.84
Other Assets	-0.27	0.71	0.35	0.87	0.79	0.9		0.72	0.94	0.56	0.67	0.86	0.79	0.69	0.88	0.83	0.84	0.35	0.91	0.69	0.64	0.0	0.68	-0.4	0.3	0.69
Net Receivables	0.14	0.7	-0.05	0.59	0.6	0.86	0.72		0.64	0.76	0.18	0.71	0.53	0.28	0.88	0.62	0.61	-0.13	0.87	0.35	0.3	0.09	0.67	-0.3	0.27	0.66
Inventory	-0.26	0.61	0.26	0.79	0.72	0.81	0.94	0.64		0.59	0.64	0.69	0.72	0.64	0.78	0.76	0.78	0.31	0.87	0.78	0.57	-0.05	0.57	-0.37	0.18	0.64
Other Current Assets	0.36	0.68	-0.02	0.58	0.69	0.68	0.56	0.76	0.59		0.11	0.56	0.58	0.38	0.76	0.63	0.62	0.0	0.75	0.61	0.38	0.22	0.66	-0.04	0.13	0.58
Other Stockholder Equity	-0.42	0.47	0.58	0.57	0.54	0.55	0.67	0.18	0.64	0.11		0.6	0.56	0.51	0.39	0.56	0.57	0.54	0.51	0.54	0.56	0.14	0.48	-0.59	0.38	0.57
Deferred Long Term Liab	-0.11	0.76	0.52	0.82	0.8	0.85	0.86	0.71	0.69	0.56	0.6		0.79	0.64	0.84	0.8	0.8	0.35	0.81	0.4	0.57	0.29	0.76	-0.36	0.39	0.76
Total Current Assets	0.05	0.9	0.67	0.99	0.98	0.84	0.79	0.53	0.72	0.58	0.56	0.79		0.94	0.85	0.99	0.99	0.75	0.83	0.58	0.84	0.46	0.9	-0.36	0.57	0.85
Common Stock	-0.12	0.71	0.71	0.92	0.88	0.64	0.69	0.28	0.64	0.38	0.51	0.64	0.94		0.68	0.9	0.91	0.86	0.65	0.56	0.77	0.35	0.71	-0.33	0.48	0.7
Property Plant Equipment	0.09	0.89	0.27	0.89	0.88	0.97	0.88	0.88	0.78	0.76	0.39	0.84	0.85	0.68		0.9	0.89	0.31	0.97	0.57	0.67	0.21	0.86	-0.32	0.41	0.79
Total Assets	0.05	0.93	0.61	0.99	0.99	0.9	0.83	0.62	0.76	0.63	0.56	0.8	0.99	0.9	0.9		1.0	0.68	0.89	0.6	0.82	0.43	0.92	-0.41	0.58	0.88
Total Stockholder Equity	0.02	0.91	0.6	0.99	0.98	0.89	0.84	0.61	0.78	0.62	0.57	0.8	0.99	0.91	0.89	1.0		0.69	0.89	0.62	0.81	0.41	0.9	-0.42	0.55	0.87
Cash	-0.06	0.53	0.85	0.68	0.66	0.34	0.35	-0.13	0.31	0.0	0.54	0.35	0.75	0.86	0.31	0.68	0.69		0.31	0.32	0.73	0.5	0.56	-0.3	0.6	0.53
Non Current Assets Total	0.04	0.88	0.29	0.88	0.87	0.98	0.91	0.87	0.87	0.75	0.51	0.81	0.83	0.65	0.97	0.89	0.89	0.31		0.63	0.64	0.2	0.85	-0.4	0.45	0.82
Non Currrent Assets Other	-0.21	0.47	0.04	0.62	0.63	0.55	0.69	0.35	0.78	0.61	0.54	0.4	0.58	0.56	0.57	0.6	0.62	0.32	0.63		0.57	-0.23	0.43	-0.25	0.04	0.39
Long Term Debt	0.16	0.8	0.57	0.83	0.84	0.7	0.64	0.3	0.57	0.38	0.56	0.57	0.84	0.77	0.67	0.82	0.81	0.73	0.64	0.57		0.36	0.78	-0.14	0.46	0.59
Non Current Liabilities Total	0.6	0.55	0.73	0.35	0.46	0.26	0.0	0.09	-0.05	0.22	0.14	0.29	0.46	0.35	0.21	0.43	0.41	0.5	0.2	-0.23	0.36		0.61	-0.03	0.64	0.56
Total Liab	0.34	1.0	0.57	0.87	0.94	0.89	0.68	0.67	0.57	0.66	0.48	0.76	0.9	0.71	0.86	0.92	0.9	0.56	0.85	0.43	0.78	0.61		-0.34	0.72	0.88
Non Current Liabilities Other	0.56	-0.32	-0.23	-0.36	-0.31	-0.43	-0.4	-0.3	-0.37	-0.04	-0.59	-0.36	-0.36	-0.33	-0.32	-0.41	-0.42	-0.3	-0.4	-0.25	-0.14	-0.03	-0.34		-0.31	-0.66
Intangible Assets	0.33	0.7	0.64	0.52	0.56	0.51	0.3	0.27	0.18	0.13	0.38	0.39	0.57	0.48	0.41	0.58	0.55	0.6	0.45	0.04	0.46	0.64	0.72	-0.31		0.59
Common Stock Shares Outstanding	0.02	0.86	0.58	0.82	0.84	0.84	0.69	0.66	0.64	0.58	0.57	0.76	0.85	0.7	0.79	0.88	0.87	0.53	0.82	0.39	0.59	0.56	0.88	-0.66	0.59

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Fuzhou Rockchip Account Relationship Matchups

Fuzhou Rockchip fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	79.4M	133.4M	128.7M	89.9M	28.5K	27.0K
Total Current Liabilities	315.0M	391.6M	484.8M	411.5M	420.6M	344.0M
Other Liab	33.0M	66.0M	24.1M	29.0M	33.3M	34.5M
Net Tangible Assets	1.6B	2.1B	2.7B	2.8B	3.2B	1.8B
Retained Earnings	636.2M	811.8M	1.2B	1.1B	983.9M	705.4M
Accounts Payable	150.2M	188.0M	268.5M	267.3M	309.4M	209.7M
Other Assets	78.0M	72.5M	125.9M	177.9M	204.6M	106.8M
Net Receivables	106.3M	157.9M	309.8M	279.0M	294.3M	214.6M
Inventory	325.5M	241.9M	474.3M	1.5B	1.3B	628.8M
Other Current Assets	22.6M	19.8M	136.7M	144.9M	35.8M	55.4M
Other Stockholder Equity	345.6K	232.5K	(15.8K)	421.2K	484.4K	508.6K
Deferred Long Term Liab	31.2M	50.4M	70.9M	61.5M	70.8M	52.6M
Total Current Assets	1.8B	2.4B	2.8B	2.7B	2.9B	2.1B
Property Plant Equipment	29.2M	42.1M	100.4M	86.0M	98.9M	50.8M
Total Assets	2.1B	2.7B	3.4B	3.4B	3.5B	2.7B
Total Stockholder Equity	1.7B	2.3B	2.9B	2.9B	3.1B	2.3B
Cash	1.4B	1.5B	669.2M	710.9M	1.0B	998.7M
Non Current Assets Total	252.2M	306.3M	546.6M	646.7M	654.1M	412.1M
Non Currrent Assets Other	29.7M	2.6M	22.3M	40.0M	25.3M	23.4M
Non Current Liabilities Total	33.0M	66.0M	43.3M	38.4M	25.9M	40.4M
Total Liab	348.1M	457.6M	528.1M	449.9M	446.5M	397.4M
Intangible Assets	139.0M	149.7M	119.4M	100.9M	127.8M	120.8M
Net Invested Capital	1.7B	2.3B	2.9B	2.9B	3.1B	2.5B
Net Working Capital	1.5B	2.0B	2.3B	2.3B	2.4B	2.1B

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Other Information on Investing in Fuzhou Stock

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

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Fuzhou Cash vs Total Current Assets Analysis

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

Correlation Coefficient

Cash

Total Current Assets

Fuzhou Rockchip fundamental ratios Correlations

Fuzhou Rockchip Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fuzhou Rockchip fundamental ratios Accounts

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Other Information on Investing in Fuzhou Stock

COMMON DESTINATIONS

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Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 0.99	Net Tangible Assets
Total Assets	+ 0.99	Net Tangible Assets
Total Stockholder Equity	+ 0.99	Net Tangible Assets
Total Assets	+ 0.99	Retained Earnings

Common Stock Shares Outstanding	- 0.66	Non Current Liabilities Other
Non Current Liabilities Other	- 0.59	Other Stockholder Equity
Non Current Liabilities Other	- 0.43	Accounts Payable
Non Current Liabilities Other	- 0.42	Total Stockholder Equity
Other Stockholder Equity	- 0.42	Other Current Liab
Non Current Liabilities Other	- 0.41	Total Assets