Suzhou Other Current Assets vs Short Term Investments 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 Other Current Assets and its Short Term Investments 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.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Weizhixiang Food Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suzhou Weizhixiang's Other Current Assets and Short Term Investments is 0.7. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments 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 Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Suzhou Weizhixiang Food are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., Suzhou Weizhixiang's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Suzhou Weizhixiang balance sheet. It contains any investments Suzhou Weizhixiang Food undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Suzhou Weizhixiang Food can easily liquidate in the marketplace.
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

Currently Active Assets on Macroaxis

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.