Suzano Other Current Assets vs Total Current Liabilities Analysis

SUZ Stock  USD 10.46  0.23  2.15%   
Suzano Papel financial indicator trend analysis is much more than just breaking down Suzano Papel e prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzano Papel e is a good investment. Please check the relationship between Suzano Papel Other Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suzano Papel e. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzano Papel e Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Suzano Papel's Other Current Assets and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Suzano Papel e, assuming nothing else is changed. The correlation between historical values of Suzano Papel's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Suzano Papel e are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Suzano Papel's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Suzano Papel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Suzano Papel e are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Suzano Papel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzano Papel e 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 Suzano Papel e. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Suzano Papel's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 5.1 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit20.3B25.0B14.7B15.4B
Total Revenue41.0B49.8B39.8B41.7B

Suzano Papel fundamental ratios Correlations

0.980.970.990.830.950.980.940.720.990.730.80.70.610.970.990.84-0.790.980.990.920.850.730.730.820.62
0.980.970.950.710.91.00.870.760.980.790.780.740.651.00.970.76-0.681.00.950.90.830.760.60.790.59
0.970.970.950.730.880.970.870.750.940.780.840.690.620.970.960.81-0.710.970.930.940.790.710.650.830.67
0.990.950.950.860.950.960.940.670.970.710.80.670.580.940.990.84-0.810.950.980.930.890.690.760.840.65
0.830.710.730.860.920.710.910.420.80.320.680.440.340.680.830.87-0.960.710.880.810.740.430.970.680.6
0.950.90.880.950.920.90.940.560.950.520.710.610.50.880.950.87-0.890.890.980.860.830.610.850.710.57
0.981.00.970.960.710.90.870.720.980.790.770.740.660.990.980.75-0.681.00.940.880.850.770.590.780.6
0.940.870.870.940.910.940.870.660.930.620.70.60.490.860.940.93-0.910.880.970.870.730.610.870.850.51
0.720.760.750.670.420.560.720.660.70.740.680.680.530.780.670.56-0.390.770.690.720.460.680.360.780.38
0.990.980.940.970.80.950.980.930.70.740.710.720.620.970.990.83-0.760.980.980.860.840.740.690.790.52
0.730.790.780.710.320.520.790.620.740.740.50.750.710.820.740.47-0.30.810.660.620.580.80.180.810.29
0.80.780.840.80.680.710.770.70.680.710.50.50.470.770.760.62-0.640.780.740.960.720.510.630.670.93
0.70.740.690.670.440.610.740.60.680.720.750.50.910.740.70.38-0.420.740.650.60.60.990.270.730.35
0.610.650.620.580.340.50.660.490.530.620.710.470.910.660.620.24-0.330.660.550.540.520.940.170.630.37
0.971.00.970.940.680.880.990.860.780.970.820.770.740.660.960.75-0.651.00.930.880.80.780.560.790.57
0.990.970.960.990.830.950.980.940.670.990.740.760.70.620.960.83-0.790.970.980.90.870.720.720.820.59
0.840.760.810.840.870.870.750.930.560.830.470.620.380.240.750.83-0.890.760.890.790.570.370.890.740.46
-0.79-0.68-0.71-0.81-0.96-0.89-0.68-0.91-0.39-0.76-0.3-0.64-0.42-0.33-0.65-0.79-0.89-0.68-0.85-0.78-0.61-0.4-0.97-0.68-0.56
0.981.00.970.950.710.891.00.880.770.980.810.780.740.661.00.970.76-0.680.950.890.820.770.590.80.58
0.990.950.930.980.880.980.940.970.690.980.660.740.650.550.930.980.89-0.850.950.890.820.670.80.810.55
0.920.90.940.930.810.860.880.870.720.860.620.960.60.540.880.90.79-0.780.890.890.790.610.750.810.84
0.850.830.790.890.740.830.850.730.460.840.580.720.60.520.80.870.57-0.610.820.820.790.620.590.640.66
0.730.760.710.690.430.610.770.610.680.740.80.510.990.940.780.720.37-0.40.770.670.610.620.250.720.36
0.730.60.650.760.970.850.590.870.360.690.180.630.270.170.560.720.89-0.970.590.80.750.590.250.620.55
0.820.790.830.840.680.710.780.850.780.790.810.670.730.630.790.820.74-0.680.80.810.810.640.720.620.48
0.620.590.670.650.60.570.60.510.380.520.290.930.350.370.570.590.46-0.560.580.550.840.660.360.550.48
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Suzano Papel Account Relationship Matchups

Suzano Papel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.9B101.8B119.0B133.2B143.6B150.8B
Short Long Term Debt Total67.7B78.1B85.5B80.8B83.4B87.6B
Other Current Liab2.2B3.0B3.5B3.7B3.5B3.7B
Total Current Liabilities11.5B8.2B11.6B14.5B14.8B15.5B
Total Stockholder Equity18.0B7.2B15.1B33.1B44.7B46.9B
Property Plant And Equipment Net45.0B43.5B43.0B55.8B82.8B86.9B
Net Debt64.4B71.3B71.9B71.3B75.1B78.8B
Accounts Payable2.4B2.4B3.3B6.2B5.6B5.9B
Cash3.2B6.8B13.6B9.5B8.3B4.5B
Non Current Assets Total79.0B83.8B84.9B96.1B105.0B110.3B
Non Currrent Assets Other13.7B14.4B16.4B20.1B6.9B6.4B
Cash And Short Term Investments9.4B9.0B21.1B17.1B21.2B22.2B
Liabilities And Stockholders Equity97.9B101.8B119.0B133.2B143.6B150.8B
Non Current Liabilities Total68.3B86.3B92.2B85.5B84.0B88.2B
Inventory4.7B4.0B4.6B5.7B5.9B6.2B
Other Current Assets335.1M2.0B1.8B4.7B4.6B4.8B
Total Liab79.8B94.5B103.8B100.0B98.8B103.7B
Property Plant And Equipment Gross55.5B54.7B70.7B86.1B97.5B102.4B
Total Current Assets18.9B18.0B34.1B37.1B38.6B40.5B
Short Term Debt6.9B2.7B4.3B4.0B5.5B5.8B
Accumulated Other Comprehensive Income8.6B2.1B2.1B1.7B36.9B38.8B
Retained Earnings317.1M(3.9B)3.9B24.2B35.4B37.1B
Net Receivables4.0B2.9B6.5B9.6B6.8B3.9B
Short Term Investments6.2B2.2B7.5B7.5B12.8B13.5B
Current Deferred Revenue60.0M25.2M103.7M131.4M172.4M113.1M
Good Will161.5M236.4M8.3B233.4M8.4B8.8B
Intangible Assets17.7B16.8B8.0B15.2B6.6B6.0B
Other Liab7.6B10.9B11.0B8.8B10.1B6.0B
Net Tangible Assets98.4M(9.8B)(1.2B)17.6B20.3B21.3B
Other Assets5.4B12.1B13.1B8.0B9.3B5.1B
Long Term Debt57.5B70.9B76.0B71.2B72.4B46.2B
Long Term Investments502.1M543.8M542.4M1.0B379.1M332.3M
Short Long Term Debt6.2B2.0B3.7B3.3B4.8B3.1B
Property Plant Equipment55.5B54.7B55.2B70.4B81.0B85.0B
Long Term Debt Total60.8B75.4B81.2B76.7B88.3B49.8B

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