Shuhua Net Debt vs Property Plant And Equipment Gross 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 Net Debt and its Property Plant And Equipment Gross 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.

Net Debt vs Property Plant And Equipment Gross

Net Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shuhua Sports Net Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Shuhua Sports' Net Debt and Property Plant And Equipment Gross is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Gross 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' Net Debt and Property Plant And Equipment Gross 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 Debt of Shuhua Sports Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Debt i.e., Shuhua Sports' Net Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Gross

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
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Shuhua Sports Account Relationship Matchups

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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.