Sany Long Term Debt vs Good Will Analysis
688349 Stock | 32.71 0.18 0.55% |
Sany Heavy financial indicator trend analysis is much more than just breaking down Sany Heavy Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sany Heavy Energy is a good investment. Please check the relationship between Sany Heavy Long Term Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sany Heavy Energy. 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 Good Will
Long Term Debt vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sany Heavy Energy Long Term Debt account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sany Heavy's Long Term Debt and Good Will is -0.45. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Sany Heavy Energy, assuming nothing else is changed. The correlation between historical values of Sany Heavy's Long Term Debt and Good Will 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 Sany Heavy Energy are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Sany Heavy's Long Term Debt and Good Will go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Sany Heavy Energy has held for over one year. Long-term debt appears on Sany Heavy Energy 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 Sany Heavy Energy 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.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Sany Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sany Heavy Energy 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 Sany Heavy Energy. 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 19, 2024, Tax Provision is expected to decline to about 269.8 M. In addition to that, Selling General Administrative is expected to decline to about 936.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 111.2M | 121.2M | 101.2M | 109.9M | Interest Income | 75.1M | 171M | 299.3M | 154.1M |
Sany Heavy fundamental ratios Correlations
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Sany Heavy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Sany Stock
Balance Sheet is a snapshot of the financial position of Sany Heavy Energy at a specified time, usually calculated after every quarter, six months, or one year. Sany Heavy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sany Heavy 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 Sany currently owns. An asset can also be divided into two categories, current and non-current.