Leaguer Total Current Assets vs Total Cash From Operating Activities Analysis

688589 Stock   26.80  0.57  2.08%   
Leaguer Shenzhen financial indicator trend analysis is infinitely more than just investigating Leaguer Shenzhen Mic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leaguer Shenzhen Mic is a good investment. Please check the relationship between Leaguer Shenzhen Total Current Assets and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leaguer Shenzhen MicroElectronics. 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 Current Assets vs Total Cash From Operating Activities

Total Current Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leaguer Shenzhen Mic Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Leaguer Shenzhen's Total Current Assets and Total Cash From Operating Activities is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Leaguer Shenzhen MicroElectronics, assuming nothing else is changed. The correlation between historical values of Leaguer Shenzhen's Total Current Assets and Total Cash From Operating Activities 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 Current Assets of Leaguer Shenzhen MicroElectronics are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Assets i.e., Leaguer Shenzhen's Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Cash From Operating Activities

Most indicators from Leaguer Shenzhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leaguer Shenzhen Mic 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 Leaguer Shenzhen MicroElectronics. 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.
The current year's Tax Provision is expected to grow to about 15.4 M, whereas Selling General Administrative is forecasted to decline to about 41.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit208.1M242.8M279.2M159.0M
Total Revenue503.8M579.2M666.1M354.9M

Leaguer Shenzhen fundamental ratios Correlations

0.110.760.91-0.660.870.990.740.950.880.940.970.670.920.890.80.890.330.960.761.01.01.00.960.890.81
0.110.580.26-0.230.370.110.46-0.140.280.370.30.580.28-0.270.56-0.27-0.13-0.030.350.060.110.05-0.050.30.39
0.760.580.79-0.780.830.770.970.530.810.890.840.950.790.450.880.460.40.690.790.720.750.70.620.790.87
0.910.260.79-0.670.980.890.760.810.960.890.890.680.980.70.840.70.270.810.840.90.910.90.810.980.91
-0.66-0.23-0.78-0.67-0.7-0.7-0.74-0.54-0.56-0.62-0.6-0.86-0.67-0.42-0.6-0.44-0.77-0.59-0.4-0.64-0.67-0.64-0.51-0.67-0.54
0.870.370.830.98-0.70.850.80.740.910.890.870.740.980.590.820.590.250.740.80.850.870.850.730.990.88
0.990.110.770.89-0.70.850.730.950.870.930.960.70.890.890.80.890.40.970.750.990.990.990.960.860.8
0.740.460.970.76-0.740.80.730.510.790.880.810.90.780.450.790.450.350.670.790.690.730.680.590.770.86
0.95-0.140.530.81-0.540.740.950.510.780.790.860.440.810.960.660.960.330.950.630.970.950.970.980.770.66
0.880.280.810.96-0.560.910.870.790.780.910.920.660.910.730.890.730.210.850.960.870.880.860.840.910.98
0.940.370.890.89-0.620.890.930.880.790.910.990.780.910.730.870.730.20.880.860.920.930.910.860.890.9
0.970.30.840.89-0.60.870.960.810.860.920.990.740.90.810.880.810.230.930.850.950.960.950.920.870.89
0.670.580.950.68-0.860.740.70.90.440.660.780.740.690.350.760.360.550.590.610.630.670.620.50.690.71
0.920.280.790.98-0.670.980.890.780.810.910.910.90.690.680.810.680.270.80.80.910.920.910.81.00.87
0.89-0.270.450.7-0.420.590.890.450.960.730.730.810.350.680.591.00.310.960.640.910.880.910.970.640.63
0.80.560.880.84-0.60.820.80.790.660.890.870.880.760.810.590.590.260.760.880.780.80.760.740.810.9
0.89-0.270.460.7-0.440.590.890.450.960.730.730.810.360.681.00.590.340.960.630.910.890.910.970.640.62
0.33-0.130.40.27-0.770.250.40.350.330.210.20.230.550.270.310.260.340.380.110.330.340.320.290.260.2
0.96-0.030.690.81-0.590.740.970.670.950.850.880.930.590.80.960.760.960.380.760.970.960.960.990.770.78
0.760.350.790.84-0.40.80.750.790.630.960.860.850.610.80.640.880.630.110.760.740.760.730.740.80.98
1.00.060.720.9-0.640.850.990.690.970.870.920.950.630.910.910.780.910.330.970.741.01.00.970.870.79
1.00.110.750.91-0.670.870.990.730.950.880.930.960.670.920.880.80.890.340.960.761.01.00.960.890.8
1.00.050.70.9-0.640.850.990.680.970.860.910.950.620.910.910.760.910.320.960.731.01.00.970.880.78
0.96-0.050.620.81-0.510.730.960.590.980.840.860.920.50.80.970.740.970.290.990.740.970.960.970.760.75
0.890.30.790.98-0.670.990.860.770.770.910.890.870.691.00.640.810.640.260.770.80.870.890.880.760.88
0.810.390.870.91-0.540.880.80.860.660.980.90.890.710.870.630.90.620.20.780.980.790.80.780.750.88
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Leaguer Shenzhen Account Relationship Matchups

Leaguer Shenzhen fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets805.2M961.1M1.0B1.4B1.7B1.7B
Other Current Liab3.6M11.8M32.5M200.2K230.2K218.7K
Total Current Liabilities87.3M197.7M205.6M141.8M163.1M145.4M
Total Stockholder Equity716.0M746.3M816.4M1.0B1.2B624.3M
Other Liab2.3M1.3M1.9M3.0M2.7M2.6M
Net Tangible Assets258.9M705.7M728.6M771.5M887.2M527.3M
Retained Earnings130.6M157.6M185.8M258.1M296.9M311.7M
Accounts Payable58.7M149.1M109.6M92.2M106.1M94.8M
Cash435.1M179.9M301.8M896.5M1.0B1.1B
Non Current Assets Total55.7M114.2M123.7M150.2M172.7M88.9M
Non Currrent Assets Other7.2M31.1M29.9M27.6M31.8M33.3M
Other Assets12.1M21.3M55.8M67.0M77.1M80.9M
Net Receivables136.5M227.0M249.5M155.6M179.0M190.0M
Non Current Liabilities Total1.9M17.2M12.4M293.2M337.2M354.1M
Inventory57.9M75.8M112.5M88.3M101.6M80.9M
Other Current Assets1.9M5.7M3.6M95.0M109.3M114.7M
Other Stockholder Equity(813K)(770.7K)(867.8K)(900.7K)(810.6K)(851.1K)
Total Liab89.2M214.8M218.1M435.0M500.3M525.3M
Deferred Long Term Liab6.7M6.1M5.8M9.2M10.5M7.6M
Net Invested Capital716.0M750.3M829.2M1.3B1.5B1.6B
Total Current Assets749.5M846.9M910.8M1.3B1.5B1.6B
Net Working Capital662.2M649.3M705.1M1.2B1.3B1.4B
Intangible Assets10.3M17.7M24.6M53.3M61.3M64.4M
Property Plant Equipment26.4M24.0M24.1M40.7M46.8M30.6M
Property Plant And Equipment Net24.1M40.7M36.6M37.0M42.6M35.7M
Property Plant And Equipment Gross40.7M58.2M55.6M37.0M42.6M50.9M

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Other Information on Investing in Leaguer Stock

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