Shenzhen Inventory vs Long Term Debt Analysis

000027 Stock   6.63  0.11  1.69%   
Shenzhen Energy financial indicator trend analysis is much more than just breaking down Shenzhen Energy Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Energy Group is a good investment. Please check the relationship between Shenzhen Energy Inventory and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Energy Group. 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.

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Energy Group Inventory account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shenzhen Energy's Inventory and Long Term Debt is 0.32. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shenzhen Energy Group, assuming nothing else is changed. The correlation between historical values of Shenzhen Energy's Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Shenzhen Energy Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Shenzhen Energy's Inventory and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Long Term Debt

Long-term debt is a debt that Shenzhen Energy Group has held for over one year. Long-term debt appears on Shenzhen Energy Group 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 Shenzhen Energy Group 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.
Most indicators from Shenzhen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Energy Group 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 Shenzhen Energy Group. 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 November 29, 2024, Selling General Administrative is expected to decline to about 405.4 M. In addition to that, Tax Provision is expected to decline to about 396.4 M
 2021 2022 2023 2024 (projected)
Operating Income4.1B4.7B7.1B7.4B
Total Revenue31.6B37.5B40.5B42.5B

Shenzhen Energy fundamental ratios Correlations

0.630.940.980.680.850.90.960.980.890.310.37-0.211.00.950.741.00.980.870.840.920.880.620.360.860.37
0.630.590.660.780.380.380.680.650.53-0.020.390.250.640.530.740.660.630.630.630.530.670.310.190.520.15
0.940.590.90.710.90.80.920.90.90.320.4-0.230.950.810.740.940.950.890.750.790.770.60.410.740.44
0.980.660.90.710.830.910.930.940.810.330.43-0.150.960.960.750.980.960.820.860.940.870.550.280.850.29
0.680.780.710.710.660.450.680.650.620.280.6-0.110.680.550.930.670.710.790.610.470.730.170.370.520.29
0.850.380.90.830.660.790.770.80.840.340.62-0.260.850.740.740.830.860.820.640.680.740.410.520.690.5
0.90.380.80.910.450.790.780.860.740.420.37-0.230.880.950.570.890.870.650.780.930.760.680.30.850.28
0.960.680.920.930.680.770.780.960.850.20.21-0.20.970.880.70.970.960.880.840.880.860.560.290.80.32
0.980.650.90.940.650.80.860.960.90.280.32-0.20.990.930.720.990.960.890.80.890.880.630.380.840.39
0.890.530.90.810.620.840.740.850.90.20.39-0.20.910.760.650.880.860.830.660.730.750.640.450.770.45
0.31-0.020.320.330.280.340.420.20.280.20.16-0.30.30.320.320.260.380.340.190.250.090.24-0.170.24-0.18
0.370.390.40.430.60.620.370.210.320.390.160.290.350.290.640.350.370.370.230.20.380.050.420.280.33
-0.210.25-0.23-0.15-0.11-0.26-0.23-0.2-0.2-0.2-0.30.29-0.22-0.26-0.1-0.18-0.25-0.32-0.22-0.21-0.26-0.14-0.33-0.21-0.28
1.00.640.950.960.680.850.880.970.990.910.30.35-0.220.930.741.00.980.90.820.90.880.630.390.840.4
0.950.530.810.960.550.740.950.880.930.760.320.29-0.260.930.620.940.90.720.860.980.850.630.260.890.25
0.740.740.740.750.930.740.570.70.720.650.320.64-0.10.740.620.730.770.850.690.540.810.310.490.650.34
1.00.660.940.980.670.830.890.970.990.880.260.35-0.181.00.940.730.980.870.840.920.880.630.360.850.38
0.980.630.950.960.710.860.870.960.960.860.380.37-0.250.980.90.770.980.920.810.870.870.560.390.790.41
0.870.630.890.820.790.820.650.880.890.830.340.37-0.320.90.720.850.870.920.680.670.840.390.520.660.51
0.840.630.750.860.610.640.780.840.80.660.190.23-0.220.820.860.690.840.810.680.90.870.550.150.940.02
0.920.530.790.940.470.680.930.880.890.730.250.2-0.210.90.980.540.920.870.670.90.820.630.150.90.15
0.880.670.770.870.730.740.760.860.880.750.090.38-0.260.880.850.810.880.870.840.870.820.410.520.830.42
0.620.310.60.550.170.410.680.560.630.640.240.05-0.140.630.630.310.630.560.390.550.630.410.230.680.16
0.360.190.410.280.370.520.30.290.380.45-0.170.42-0.330.390.260.490.360.390.520.150.150.520.230.190.92
0.860.520.740.850.520.690.850.80.840.770.240.28-0.210.840.890.650.850.790.660.940.90.830.680.190.05
0.370.150.440.290.290.50.280.320.390.45-0.180.33-0.280.40.250.340.380.410.510.020.150.420.160.920.05
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Shenzhen Energy Account Relationship Matchups

Shenzhen Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets96.1B114.1B131.5B141.3B153.5B161.1B
Other Current Liab7.5B9.8B12.7B4.6B8.8B5.0B
Total Current Liabilities33.3B22.8B27.5B31.3B34.6B36.3B
Total Stockholder Equity30.1B38.0B45.3B46.2B46.7B49.1B
Retained Earnings12.9B15.6B15.9B13.2B13.8B7.3B
Accounts Payable2.7B1.9B2.4B4.0B3.2B3.3B
Cash4.1B7.3B10.1B13.7B16.6B17.5B
Other Assets5.7B8.1B8.4B8.0B9.1B9.6B
Long Term Debt25.1B39.1B43.0B43.1B50.7B53.3B
Net Receivables9.0B6.8B10.3B12.9B13.3B14.0B
Short Term Investments380.6M971.5M476.6M1.1B1.5B1.5B
Inventory944.0M904.9M1.6B1.6B1.4B1.1B
Other Current Assets1.3B1.3B2.4B508.5M998.2M1.4B
Total Liab62.5B72.2B81.9B86.9B97.6B102.5B
Intangible Assets5.1B13.7B16.6B18.4B20.4B21.4B
Property Plant Equipment41.4B48.3B55.1B64.9B74.6B78.4B
Other Liab1.7B2.2B2.2B2.6B3.0B3.2B
Good Will2.6B2.7B2.7B2.9B2.9B2.5B
Net Tangible Assets17.4B22.4B21.8B26.2B30.1B21.1B
Other Stockholder Equity4.7B9.2B13.7B20.7B23.9B25.0B
Deferred Long Term Liab209.0M194.3M326.7M392.2M451.0M248.7M
Short Long Term Debt1.5B1.6B1.7B2.2B3.4B2.0B
Total Current Assets19.6B21.4B26.7B31.9B35.6B24.8B
Non Current Assets Total76.6B92.7B104.8B109.3B117.9B92.5B
Non Currrent Assets Other6.1B6.2B5.5B5.9B5.7B5.3B
Non Current Liabilities Total29.3B49.4B54.4B55.7B63.0B45.8B
Non Current Liabilities Other577.4K561.4M530.1M653.2M892.1M847.5M
Net Debt22.5B33.3B34.5B31.7B37.5B33.8B
Net Invested Capital56.6B78.6B89.9B91.5B100.9B82.9B
Net Working Capital(13.7B)(1.4B)(835.1M)670.1M968.1M1.0B

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Other Information on Investing in Shenzhen Stock

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