Suzhou Net Receivables vs Non Current Assets Total 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 Net Receivables and its Non Current Assets Total 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.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Weizhixiang Food Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Suzhou Weizhixiang's Net Receivables and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Suzhou Weizhixiang Food are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Suzhou Weizhixiang's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

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.
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 Income14.3M16.5M22.3M12.7M
Tax Provision13.1M16.8M13.5M11.7M

Suzhou Weizhixiang fundamental ratios Correlations

-0.860.871.00.980.80.980.95-0.290.840.98-0.65-0.290.911.01.00.910.990.880.930.93-0.83-0.79
-0.86-0.67-0.87-0.93-0.6-0.86-0.770.44-0.8-0.920.780.42-0.71-0.87-0.87-0.73-0.87-1.0-0.74-0.740.660.64
0.87-0.670.860.870.990.930.98-0.580.830.86-0.74-0.591.00.860.840.940.820.720.990.99-0.96-0.93
1.0-0.870.860.980.790.980.94-0.280.830.98-0.65-0.280.91.01.00.911.00.880.920.92-0.82-0.78
0.98-0.930.870.980.810.980.95-0.420.891.0-0.75-0.410.90.980.980.910.970.950.920.92-0.84-0.81
0.8-0.60.990.790.810.880.94-0.640.80.8-0.73-0.640.980.790.760.910.730.660.960.96-0.95-0.92
0.98-0.860.930.980.980.880.98-0.460.860.97-0.77-0.470.960.980.970.920.960.890.970.97-0.91-0.86
0.95-0.770.980.940.950.940.98-0.470.870.95-0.71-0.470.990.940.930.970.910.820.990.99-0.92-0.89
-0.290.44-0.58-0.28-0.42-0.64-0.46-0.47-0.6-0.40.881.0-0.53-0.28-0.25-0.42-0.23-0.48-0.52-0.520.690.7
0.84-0.80.830.830.890.80.860.87-0.60.89-0.79-0.570.840.830.820.910.810.850.880.89-0.87-0.92
0.98-0.920.860.981.00.80.970.95-0.40.89-0.72-0.380.90.980.980.920.970.950.920.92-0.82-0.81
-0.650.78-0.74-0.65-0.75-0.73-0.77-0.710.88-0.79-0.720.88-0.73-0.65-0.63-0.63-0.62-0.79-0.74-0.730.840.81
-0.290.42-0.59-0.28-0.41-0.64-0.47-0.471.0-0.57-0.380.88-0.54-0.28-0.25-0.4-0.22-0.46-0.53-0.530.70.69
0.91-0.711.00.90.90.980.960.99-0.530.840.9-0.73-0.540.90.880.950.860.761.01.0-0.96-0.92
1.0-0.870.861.00.980.790.980.94-0.280.830.98-0.65-0.280.91.00.911.00.880.920.92-0.82-0.78
1.0-0.870.841.00.980.760.970.93-0.250.820.98-0.63-0.250.881.00.891.00.880.90.9-0.79-0.76
0.91-0.730.940.910.910.910.920.97-0.420.910.92-0.63-0.40.950.910.890.880.780.970.97-0.88-0.89
0.99-0.870.821.00.970.730.960.91-0.230.810.97-0.62-0.220.861.01.00.880.880.880.88-0.78-0.74
0.88-1.00.720.880.950.660.890.82-0.480.850.95-0.79-0.460.760.880.880.780.880.790.79-0.71-0.69
0.93-0.740.990.920.920.960.970.99-0.520.880.92-0.74-0.531.00.920.90.970.880.791.0-0.95-0.93
0.93-0.740.990.920.920.960.970.99-0.520.890.92-0.73-0.531.00.920.90.970.880.791.0-0.95-0.93
-0.830.66-0.96-0.82-0.84-0.95-0.91-0.920.69-0.87-0.820.840.7-0.96-0.82-0.79-0.88-0.78-0.71-0.95-0.950.98
-0.790.64-0.93-0.78-0.81-0.92-0.86-0.890.7-0.92-0.810.810.69-0.92-0.78-0.76-0.89-0.74-0.69-0.93-0.930.98
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Suzhou Weizhixiang Account Relationship Matchups

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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.