Salzer Total Current Assets vs Property Plant And Equipment Net Analysis

SALZERELEC   911.45  22.70  2.55%   
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Total Current Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salzer Electronics Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Salzer Electronics' Total Current Assets and Property Plant And Equipment Net is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' Total Current Assets and Property Plant And Equipment Net 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 Salzer Electronics Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Salzer Electronics' Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Issuance Of Capital Stock is expected to grow to about 277.4 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.
 2022 2023 2024 2025 (projected)
Interest Expense261.2M340.9M392.0M411.6M
Depreciation And Amortization166.0M201.1M231.3M118.1M

Salzer Electronics fundamental ratios Correlations

0.990.70.991.00.990.991.00.97-0.730.840.050.410.990.870.660.990.540.741.01.00.980.850.040.920.78
0.990.670.990.980.971.01.00.98-0.730.81-0.050.390.990.830.661.00.50.691.01.00.980.81-0.010.910.73
0.70.670.720.70.720.670.680.61-0.480.810.230.340.650.80.280.680.70.770.70.680.710.780.290.560.78
0.990.990.720.980.970.990.990.98-0.690.82-0.010.430.990.840.610.990.50.711.01.00.980.82-0.010.910.75
1.00.980.70.980.990.980.990.96-0.740.850.110.410.970.880.680.980.580.770.990.990.980.870.080.930.81
0.990.970.720.970.990.980.980.94-0.790.880.120.330.950.90.690.970.60.780.980.970.990.890.180.890.81
0.991.00.670.990.980.981.00.98-0.750.82-0.040.370.990.840.681.00.510.71.00.990.980.810.00.910.74
1.01.00.680.990.990.981.00.98-0.720.820.00.40.990.850.671.00.520.711.01.00.980.830.00.920.77
0.970.980.610.980.960.940.980.98-0.660.78-0.090.470.990.820.670.980.360.660.980.980.950.78-0.080.930.68
-0.73-0.73-0.48-0.69-0.74-0.79-0.75-0.72-0.66-0.75-0.160.21-0.65-0.69-0.77-0.74-0.6-0.64-0.71-0.69-0.74-0.7-0.47-0.56-0.63
0.840.810.810.820.850.880.820.820.78-0.750.180.340.770.980.70.820.710.890.820.80.860.980.380.750.88
0.05-0.050.23-0.010.110.12-0.040.0-0.09-0.160.18-0.04-0.020.230.06-0.020.490.470.00.01-0.020.280.390.070.44
0.410.390.340.430.410.330.370.40.470.210.34-0.040.470.430.120.380.080.350.410.440.350.41-0.450.650.36
0.990.990.650.990.970.950.990.990.99-0.650.77-0.020.470.810.640.990.440.690.991.00.950.78-0.110.930.72
0.870.830.80.840.880.90.840.850.82-0.690.980.230.430.810.710.840.710.90.850.840.880.990.270.810.92
0.660.660.280.610.680.690.680.670.67-0.770.70.060.120.640.710.660.420.620.650.650.640.70.140.640.63
0.991.00.680.990.980.971.01.00.98-0.740.82-0.020.380.990.840.660.480.711.00.990.980.810.010.90.74
0.540.50.70.50.580.60.510.520.36-0.60.710.490.080.440.710.420.480.750.50.50.550.750.440.420.86
0.740.690.770.710.770.780.70.710.66-0.640.890.470.350.690.90.620.710.750.710.710.710.920.340.690.9
1.01.00.71.00.990.981.01.00.98-0.710.820.00.410.990.850.651.00.50.711.00.980.820.00.920.75
1.01.00.681.00.990.970.991.00.98-0.690.80.010.441.00.840.650.990.50.711.00.970.81-0.050.930.76
0.980.980.710.980.980.990.980.980.95-0.740.86-0.020.350.950.880.640.980.550.710.980.970.860.120.870.77
0.850.810.780.820.870.890.810.830.78-0.70.980.280.410.780.990.70.810.750.920.820.810.860.330.790.93
0.04-0.010.29-0.010.080.180.00.0-0.08-0.470.380.39-0.45-0.110.270.140.010.440.340.0-0.050.120.33-0.10.22
0.920.910.560.910.930.890.910.920.93-0.560.750.070.650.930.810.640.90.420.690.920.930.870.79-0.10.7
0.780.730.780.750.810.810.740.770.68-0.630.880.440.360.720.920.630.740.860.90.750.760.770.930.220.7
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Salzer Electronics Account Relationship Matchups

Salzer Electronics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.8B7.5B9.0B9.9B11.4B12.0B
Short Long Term Debt Total2.0B2.5B2.8B3.1B3.6B3.8B
Other Current Liab601.2M445.2M648.2M682.4M784.8M426.6M
Total Current Liabilities3.1B3.6B4.5B4.7B5.4B5.7B
Total Stockholder Equity3.3B3.5B4.1B4.7B5.4B5.7B
Property Plant And Equipment Net2.1B2.2B2.4B2.6B3.0B3.1B
Net Debt2.0B2.5B2.7B3.1B3.6B3.7B
Retained Earnings1.7B1.9B2.2B2.7B3.1B3.2B
Accounts Payable631.6M762.2M1.1B1.0B1.2B1.3B
Cash53.0M19.0M72.8M32.5M29.2M27.8M
Non Current Assets Total2.5B2.5B2.7B2.9B3.3B1.7B
Non Currrent Assets Other99K(64.0M)53.0M85.5M98.4M107.7M
Cash And Short Term Investments134.5M103.3M220.4M182.8M210.2M147.8M
Net Receivables1.9B2.2B3.1B3.3B3.8B4.0B
Liabilities And Stockholders Equity6.8B7.5B9.0B9.9B11.4B12.0B
Non Current Liabilities Total353.5M324.2M347.9M424.9M488.6M331.0M
Inventory1.8B2.3B2.7B2.9B3.4B3.5B
Other Current Assets483.7M421.3M141.2M582.2M669.6M335.9M
Total Liab3.5B3.9B4.8B5.1B5.9B6.2B
Total Current Assets4.3B5.0B6.3B7.0B8.1B8.5B
Accumulated Other Comprehensive Income222.8M230.3M359.0M269.4M309.8M325.3M
Short Term Debt2.4B2.8B2.7B3.0B3.4B3.6B
Current Deferred Revenue578.5M410.6M72.5M5.1M5.8M5.5M
Short Term Investments81.5M84.3M147.6M150.3M172.8M181.5M
Intangible Assets17.8M15.2M17.2M30.4M35.0M18.4M
Other Liab194.1M190.8M200.1M228.8M263.1M202.4M
Net Tangible Assets2.8B3.0B3.2B3.4B3.9B3.0B
Other Assets311.7M286.8M70.3M1K900.0855.0
Long Term Debt162.7M124.1M77.8M149.9M134.9M98.3M
Short Long Term Debt1.8B2.4B2.6B2.9B3.4B1.9B
Property Plant Equipment2.1B2.1B2.1B2.4B2.7B2.0B
Long Term Debt Total177.8M162.7M124.1M119.1M137.0M128.9M
Cash And Equivalents3.5M4.1M500K33.7M30.3M21.7M
Net Invested Capital5.3B6.0B6.8B7.8B9.0B6.2B
Net Working Capital1.2B1.4B1.8B2.3B2.7B1.5B

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Other Information on Investing in Salzer Stock

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