Suzhou Capital Lease Obligations vs Cash Analysis
| 605089 Stock | 25.00 1.45 6.16% |
Suzhou Weizhixiang financial indicator trend analysis is much more than just breaking down Suzhou Weizhixiang Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Weizhixiang Food is a good investment. Please check the relationship between Suzhou Weizhixiang Capital Lease Obligations and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Weizhixiang Food. 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.
Capital Lease Obligations vs Cash
Capital Lease Obligations vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Weizhixiang Food Capital Lease Obligations account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Suzhou Weizhixiang's Capital Lease Obligations and Cash is -0.86. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash in the same time period over historical financial statements of Suzhou Weizhixiang Food, assuming nothing else is changed. The correlation between historical values of Suzhou Weizhixiang's Capital Lease Obligations 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 Capital Lease Obligations of Suzhou Weizhixiang Food 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 Capital Lease Obligations i.e., Suzhou Weizhixiang's Capital Lease Obligations and Cash go up and down completely randomly.
Correlation Coefficient | -0.86 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capital Lease Obligations
Suzhou Weizhixiang Food capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Suzhou Weizhixiang asset purchases. For example, Suzhou Weizhixiang can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Suzhou Weizhixiang control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Cash
Cash refers to the most liquid asset of Suzhou Weizhixiang Food, which is listed under current asset account on Suzhou Weizhixiang Food balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Suzhou Weizhixiang customers. The amounts must be unrestricted with restricted cash listed in a different Suzhou Weizhixiang 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 Suzhou Weizhixiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Weizhixiang Food 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 Suzhou Weizhixiang Food. 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 December 1, 2024, Tax Provision is expected to decline to about 11.7 M. In addition to that, Selling General Administrative is expected to decline to about 48 M
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 14.3M | 16.5M | 22.3M | 12.7M | Tax Provision | 13.1M | 16.8M | 13.5M | 11.7M |
Suzhou Weizhixiang fundamental ratios Correlations
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Suzhou Weizhixiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the financial position of Suzhou Weizhixiang Food at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Weizhixiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Weizhixiang 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.