Shuhua Long Term Debt vs Cash Analysis

605299 Stock   8.02  0.54  6.31%   
Shuhua Sports financial indicator trend analysis is much more than just breaking down Shuhua Sports prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shuhua Sports is a good investment. Please check the relationship between Shuhua Sports Long Term Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shuhua Sports Co. 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.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shuhua Sports Long Term Debt account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shuhua Sports' Long Term Debt and Cash is -0.11. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Shuhua Sports Co, assuming nothing else is changed. The correlation between historical values of Shuhua Sports' Long Term Debt 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 Long Term Debt of Shuhua Sports Co 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 Long Term Debt i.e., Shuhua Sports' Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Shuhua Sports has held for over one year. Long-term debt appears on Shuhua Sports Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shuhua Sports Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of Shuhua Sports, which is listed under current asset account on Shuhua Sports Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shuhua Sports customers. The amounts must be unrestricted with restricted cash listed in a different Shuhua Sports 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 Shuhua Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shuhua Sports 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 Shuhua Sports Co. 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 24, 2024, Tax Provision is expected to decline to about 28 M. In addition to that, Selling General Administrative is expected to decline to about 135 M
 2021 2022 2023 2024 (projected)
Interest Expense4.3M5.4M3.3M6.3M
Interest Income1.1M1.5M1.5M1.2M

Shuhua Sports fundamental ratios Correlations

-0.95-0.580.96-0.660.980.930.76-0.44-0.64-0.66-0.750.96-0.950.510.67-0.650.99-0.650.990.960.94-0.82-0.720.680.73
-0.950.72-1.00.53-0.99-0.86-0.70.30.720.530.83-0.970.97-0.69-0.830.78-0.960.82-0.95-0.97-0.990.780.63-0.7-0.71
-0.580.72-0.730.56-0.7-0.4-0.070.50.850.560.88-0.780.77-0.5-0.831.0-0.60.93-0.53-0.78-0.690.790.67-0.57-0.86
0.96-1.0-0.73-0.570.990.870.69-0.34-0.74-0.57-0.830.98-0.970.650.82-0.790.97-0.810.960.980.99-0.81-0.670.720.74
-0.660.530.56-0.57-0.64-0.56-0.110.950.711.00.49-0.70.640.16-0.280.59-0.650.38-0.62-0.7-0.540.920.98-0.64-0.89
0.98-0.99-0.70.99-0.640.890.7-0.43-0.73-0.64-0.830.99-0.980.590.77-0.770.99-0.760.970.990.97-0.85-0.730.710.78
0.93-0.86-0.40.87-0.560.890.8-0.28-0.42-0.56-0.570.85-0.870.530.65-0.490.9-0.560.920.850.84-0.67-0.550.490.55
0.76-0.7-0.070.69-0.110.70.80.13-0.07-0.11-0.440.62-0.650.630.43-0.160.74-0.290.760.620.67-0.26-0.150.230.16
-0.440.30.5-0.340.95-0.43-0.280.130.640.950.41-0.510.440.36-0.090.51-0.430.23-0.39-0.51-0.310.810.92-0.52-0.84
-0.640.720.85-0.740.71-0.73-0.42-0.070.640.710.68-0.760.69-0.19-0.570.85-0.70.71-0.67-0.76-0.760.890.83-0.91-0.86
-0.660.530.56-0.571.0-0.64-0.56-0.110.950.710.49-0.70.640.16-0.280.59-0.650.38-0.62-0.7-0.540.920.98-0.64-0.89
-0.750.830.88-0.830.49-0.83-0.57-0.440.410.680.49-0.880.89-0.67-0.840.91-0.750.88-0.68-0.88-0.770.740.62-0.46-0.81
0.96-0.97-0.780.98-0.70.990.850.62-0.51-0.76-0.7-0.88-0.990.570.79-0.840.96-0.810.931.00.95-0.89-0.780.690.85
-0.950.970.77-0.970.64-0.98-0.87-0.650.440.690.640.89-0.99-0.64-0.840.83-0.940.83-0.91-0.99-0.930.840.71-0.6-0.81
0.51-0.69-0.50.650.160.590.530.630.36-0.190.16-0.670.57-0.640.86-0.540.51-0.750.480.570.62-0.180.050.080.18
0.67-0.83-0.830.82-0.280.770.650.43-0.09-0.57-0.28-0.840.79-0.840.86-0.860.67-0.970.620.790.78-0.58-0.370.370.59
-0.650.781.0-0.790.59-0.77-0.49-0.160.510.850.590.91-0.840.83-0.54-0.86-0.670.95-0.61-0.84-0.750.820.7-0.6-0.88
0.99-0.96-0.60.97-0.650.990.90.74-0.43-0.7-0.65-0.750.96-0.940.510.67-0.67-0.660.990.960.96-0.82-0.720.740.73
-0.650.820.93-0.810.38-0.76-0.56-0.290.230.710.380.88-0.810.83-0.75-0.970.95-0.66-0.61-0.81-0.780.680.49-0.49-0.71
0.99-0.95-0.530.96-0.620.970.920.76-0.39-0.67-0.62-0.680.93-0.910.480.62-0.610.99-0.610.930.96-0.79-0.690.750.68
0.96-0.97-0.780.98-0.70.990.850.62-0.51-0.76-0.7-0.881.0-0.990.570.79-0.840.96-0.810.930.95-0.89-0.780.690.85
0.94-0.99-0.690.99-0.540.970.840.67-0.31-0.76-0.54-0.770.95-0.930.620.78-0.750.96-0.780.960.95-0.79-0.650.790.7
-0.820.780.79-0.810.92-0.85-0.67-0.260.810.890.920.74-0.890.84-0.18-0.580.82-0.820.68-0.79-0.89-0.790.97-0.79-0.97
-0.720.630.67-0.670.98-0.73-0.55-0.150.920.830.980.62-0.780.710.05-0.370.7-0.720.49-0.69-0.78-0.650.97-0.75-0.95
0.68-0.7-0.570.72-0.640.710.490.23-0.52-0.91-0.64-0.460.69-0.60.080.37-0.60.74-0.490.750.690.79-0.79-0.750.68
0.73-0.71-0.860.74-0.890.780.550.16-0.84-0.86-0.89-0.810.85-0.810.180.59-0.880.73-0.710.680.850.7-0.97-0.950.68
Click cells to compare fundamentals

Shuhua Sports Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Shuhua Stock

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