Shenzhen Long Term Debt vs Other Current Liab Analysis

000070 Stock   5.50  0.19  3.34%   
Shenzhen SDG financial indicator trend analysis is much more than just breaking down Shenzhen SDG Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SDG Information is a good investment. Please check the relationship between Shenzhen SDG Long Term Debt and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Information. 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 Other Current Liab

Long Term Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SDG Information Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen SDG's Long Term Debt and Other Current Liab is -0.02. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Shenzhen SDG Information, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Long Term Debt and Other Current Liab 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 Shenzhen SDG Information are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Shenzhen SDG's Long Term Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Shenzhen SDG Information has held for over one year. Long-term debt appears on Shenzhen SDG Information 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 SDG Information 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.

Other Current Liab

Most indicators from Shenzhen SDG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SDG Information 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 SDG Information. 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 Selling General Administrative is expected to grow to about 154.6 M. The current year's Tax Provision is expected to grow to about 27 M
 2021 2022 2023 2024 (projected)
Operating Income45.4M91.8M184.9M127.3M
Total Revenue4.6B4.2B4.9B2.5B

Shenzhen SDG fundamental ratios Correlations

0.380.980.850.130.730.750.90.70.790.020.930.680.990.820.920.760.870.950.710.750.890.940.960.950.8
0.380.460.60.550.290.850.03-0.020.170.160.430.830.340.370.08-0.110.460.340.3-0.10.180.590.530.15-0.01
0.980.460.90.260.810.770.830.560.78-0.040.980.70.960.810.850.650.850.910.750.630.890.920.960.90.68
0.850.60.90.590.830.740.630.290.83-0.010.870.810.780.820.670.380.90.860.810.310.80.830.860.740.5
0.130.550.260.590.520.26-0.18-0.530.38-0.20.310.490.010.28-0.11-0.440.280.220.54-0.550.20.160.220.02-0.34
0.730.290.810.830.520.460.560.180.87-0.360.820.440.680.770.550.350.620.710.650.250.840.570.670.660.36
0.750.850.770.740.260.460.50.460.450.250.680.890.740.640.530.350.720.670.430.410.560.890.840.570.47
0.90.030.830.63-0.180.560.50.820.71-0.020.770.430.920.70.950.90.770.840.590.890.840.780.80.930.89
0.7-0.020.560.29-0.530.180.460.820.450.210.430.290.780.520.80.890.520.670.140.950.570.660.620.750.93
0.790.170.780.830.380.870.450.710.45-0.170.720.490.750.850.720.520.740.860.650.430.880.640.710.80.63
0.020.16-0.04-0.01-0.2-0.360.25-0.020.21-0.17-0.120.220.04-0.030.07-0.120.170.05-0.070.16-0.060.230.130.030.21
0.930.430.980.870.310.820.680.770.430.72-0.120.640.890.730.790.60.80.840.80.550.840.850.910.850.58
0.680.830.70.810.490.440.890.430.290.490.220.640.640.570.490.220.780.690.620.230.510.840.790.550.39
0.990.340.960.780.010.680.740.920.780.750.040.890.640.80.930.810.830.930.630.810.880.930.950.950.84
0.820.370.810.820.280.770.640.70.520.85-0.030.730.570.80.660.540.780.870.470.490.770.720.720.710.64
0.920.080.850.67-0.110.550.530.950.80.720.070.790.490.930.660.870.790.870.680.860.830.830.860.960.91
0.76-0.110.650.38-0.440.350.350.90.890.52-0.120.60.220.810.540.870.580.70.340.930.630.620.630.810.89
0.870.460.850.90.280.620.720.770.520.740.170.80.780.830.780.790.580.870.740.540.770.890.860.80.73
0.950.340.910.860.220.710.670.840.670.860.050.840.690.930.870.870.70.870.690.660.860.880.90.920.8
0.710.30.750.810.540.650.430.590.140.65-0.070.80.620.630.470.680.340.740.690.260.690.660.740.730.38
0.75-0.10.630.31-0.550.250.410.890.950.430.160.550.230.810.490.860.930.540.660.260.640.670.650.80.92
0.890.180.890.80.20.840.560.840.570.88-0.060.840.510.880.770.830.630.770.860.690.640.780.840.910.7
0.940.590.920.830.160.570.890.780.660.640.230.850.840.930.720.830.620.890.880.660.670.780.980.860.75
0.960.530.960.860.220.670.840.80.620.710.130.910.790.950.720.860.630.860.90.740.650.840.980.90.72
0.950.150.90.740.020.660.570.930.750.80.030.850.550.950.710.960.810.80.920.730.80.910.860.90.87
0.8-0.010.680.5-0.340.360.470.890.930.630.210.580.390.840.640.910.890.730.80.380.920.70.750.720.87
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Shenzhen SDG Account Relationship Matchups

Shenzhen SDG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B10.6B8.3B7.9B8.1B8.5B
Other Current Liab360.2M979.3M440.7M50.4M56.5M53.7M
Total Current Liabilities3.9B6.0B3.5B3.6B3.9B4.1B
Total Stockholder Equity2.9B3.0B2.0B1.8B1.9B1.4B
Retained Earnings1.2B581.8M(38.3M)(163.6M)(441.4M)(419.4M)
Accounts Payable1.9B1.9B1.2B1.7B1.8B1.0B
Cash834.7M3.0B1.8B659.7M707.5M628.7M
Other Assets440.0M673.6M706.5M812.7M934.6M981.3M
Long Term Debt160.6M1.0B2.1B1.7B1.5B1.6B
Net Receivables2.7B1.6B2.5B2.4B2.3B1.2B
Short Term Investments60.1M112.0M84.3M70M63M39.4M
Inventory1.6B2.2B942.4M1.2B1.6B1.7B
Other Current Assets262.2M371.6M239.7M95.8M86.8M95.7M
Total Liab4.2B7.1B5.8B5.5B5.6B5.9B
Intangible Assets155.1M183.2M184.9M203.9M125.7M72.0M
Property Plant Equipment787.6M757.1M911.8M1.2B1.4B1.5B
Other Liab44.0M137.0M136.5M83.8M96.4M51.7M
Good Will456.9M501.7M501.9M494.8M348.9M378.6M
Net Tangible Assets1.7B2.3B1.8B1.3B1.5B1.8B
Deferred Long Term Liab34.1M25.1M65.7M86.9M99.9M104.9M
Short Long Term Debt1.4B2.8B1.6B1.2B1.2B1.3B
Total Current Assets5.5B7.8B5.6B4.9B5.2B5.5B
Non Current Assets Total2.2B2.3B2.8B2.9B2.9B2.5B
Non Currrent Assets Other223.4M228.7M337.0M242.9M229.3M187.5M
Non Current Liabilities Total297.6M1.2B2.3B1.9B1.7B1.1B
Non Current Liabilities Other35.4M25.4M871.4K1.6M2.2M2.1M
Common Stock Shares Outstanding815.0M816.6M844.6M844.6M900.3M899.8M
Other Stockholder Equity82.2M13.2M104.1M68.5M78.8M58.9M
Net Invested Capital4.4B6.8B5.7B4.7B4.6B5.2B
Net Working Capital1.6B2.3B2.1B1.3B1.3B1.7B
Net Debt695.1M858.9M1.9B2.3B2.0B1.5B
Capital Stock815.0M816.6M844.6M844.6M900.3M888.8M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen SDG Information at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG 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.