Suzhou Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.
Total Assets vs Net Working Capital
Total Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Weizhixiang Food Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Suzhou Weizhixiang's Total Assets and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Suzhou Weizhixiang Food are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Suzhou Weizhixiang's Total Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Suzhou Weizhixiang assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Suzhou Weizhixiang Food books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Working Capital
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
Click cells to compare fundamentals
Suzhou Weizhixiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.