Shengda Net Debt vs Total Revenue Analysis

000603 Stock

12.66 0.10 0.78%

Shengda Mining financial indicator trend analysis is much more than just breaking down Shengda Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shengda Mining is a good investment. Please check the relationship between Shengda Mining Net Debt and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shengda Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengda Mining Net Debt account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shengda Mining's Net Debt and Total Revenue is 0.71. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shengda Mining Co, assuming nothing else is changed. The correlation between historical values of Shengda Mining's Net Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Shengda Mining Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Debt i.e., Shengda Mining's Net Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Revenue

Total revenue comprises all receipts Shengda Mining generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Shengda Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shengda Mining 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 Shengda Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 63.2 M. The current year's Tax Provision is expected to grow to about 81.8 M

	2021	2022	2023	2024 (projected)
Total Revenue	1.6B	1.9B	2.3B	2.4B
Depreciation And Amortization	237.5M	262.0M	201.7M	211.7M

Total Revenue Depreciation And Amortization

Shengda Mining fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Other Liab
Common Stock Shares Outstanding		0.45	0.36	0.19	0.33	0.57	0.34	0.43	0.17	0.42	0.27	0.35	0.46	0.44	0.44	0.21	0.27	0.25	-0.42	0.51	0.32	0.39	0.25	0.79	0.4	0.06
Total Assets	0.45		0.9	-0.19	0.96	0.95	0.97	0.73	0.73	0.98	0.96	-0.01	0.99	0.41	0.57	0.86	0.9	0.91	-0.03	-0.01	0.95	0.94	0.91	0.82	0.8	0.75
Short Long Term Debt Total	0.36	0.9		-0.23	0.94	0.75	0.94	0.67	0.9	0.89	0.91	-0.17	0.91	0.51	0.42	0.75	0.96	0.89	0.07	-0.22	0.96	0.8	0.91	0.64	0.87	0.57
Other Current Liab	0.19	-0.19	-0.23		-0.22	-0.13	-0.18	-0.4	-0.24	-0.23	-0.27	0.15	-0.18	-0.43	-0.1	-0.23	-0.22	-0.09	-0.03	-0.01	-0.22	-0.2	-0.35	0.11	-0.27	-0.22
Total Current Liabilities	0.33	0.96	0.94	-0.22		0.82	0.98	0.66	0.84	0.96	0.98	-0.17	0.95	0.44	0.43	0.9	0.93	0.95	0.01	-0.22	0.99	0.89	0.96	0.69	0.81	0.75
Total Stockholder Equity	0.57	0.95	0.75	-0.13	0.82		0.85	0.73	0.52	0.9	0.83	0.18	0.94	0.33	0.66	0.77	0.74	0.76	-0.08	0.24	0.81	0.91	0.78	0.89	0.7	0.68
Property Plant And Equipment Net	0.34	0.97	0.94	-0.18	0.98	0.85		0.65	0.84	0.97	0.98	-0.18	0.96	0.43	0.44	0.9	0.92	0.97	0.02	-0.22	0.98	0.9	0.94	0.7	0.87	0.76
Current Deferred Revenue	0.43	0.73	0.67	-0.4	0.66	0.73	0.65		0.44	0.65	0.63	0.23	0.71	0.29	0.63	0.56	0.67	0.54	-0.02	0.14	0.68	0.76	0.55	0.68	0.64	0.22
Net Debt	0.17	0.73	0.9	-0.24	0.84	0.52	0.84	0.44		0.76	0.83	-0.58	0.77	0.6	0.0	0.74	0.86	0.87	0.23	-0.32	0.86	0.55	0.82	0.35	0.79	0.55
Retained Earnings	0.42	0.98	0.89	-0.23	0.96	0.9	0.97	0.65	0.76		0.97	-0.09	0.97	0.5	0.51	0.91	0.87	0.93	-0.13	-0.09	0.95	0.93	0.94	0.76	0.82	0.81
Accounts Payable	0.27	0.96	0.91	-0.27	0.98	0.83	0.98	0.63	0.83	0.97		-0.21	0.95	0.46	0.42	0.92	0.93	0.97	-0.03	-0.24	0.98	0.9	0.95	0.66	0.83	0.83
Cash	0.35	-0.01	-0.17	0.15	-0.17	0.18	-0.18	0.23	-0.58	-0.09	-0.21		-0.07	-0.4	0.77	-0.31	-0.18	-0.32	-0.4	0.3	-0.17	0.2	-0.2	0.41	-0.12	-0.24
Non Current Assets Total	0.46	0.99	0.91	-0.18	0.95	0.94	0.96	0.71	0.77	0.97	0.95	-0.07		0.45	0.5	0.85	0.91	0.91	0.01	0.02	0.95	0.9	0.91	0.81	0.79	0.75
Non Currrent Assets Other	0.44	0.41	0.51	-0.43	0.44	0.33	0.43	0.29	0.6	0.5	0.46	-0.4	0.45		-0.02	0.37	0.45	0.42	-0.32	0.2	0.45	0.25	0.48	0.26	0.53	0.3
Cash And Short Term Investments	0.44	0.57	0.42	-0.1	0.43	0.66	0.44	0.63	0.0	0.51	0.42	0.77	0.5	-0.02		0.24	0.42	0.29	-0.41	0.11	0.44	0.73	0.38	0.73	0.46	0.23
Net Receivables	0.21	0.86	0.75	-0.23	0.9	0.77	0.9	0.56	0.74	0.91	0.92	-0.31	0.85	0.37	0.24		0.74	0.92	0.04	-0.21	0.86	0.84	0.88	0.56	0.68	0.83
Non Current Liabilities Total	0.27	0.9	0.96	-0.22	0.93	0.74	0.92	0.67	0.86	0.87	0.93	-0.18	0.91	0.45	0.42	0.74		0.9	0.05	-0.25	0.97	0.8	0.86	0.64	0.83	0.62
Inventory	0.25	0.91	0.89	-0.09	0.95	0.76	0.97	0.54	0.87	0.93	0.97	-0.32	0.91	0.42	0.29	0.92	0.9		0.03	-0.33	0.95	0.83	0.89	0.61	0.82	0.77
Other Current Assets	-0.42	-0.03	0.07	-0.03	0.01	-0.08	0.02	-0.02	0.23	-0.13	-0.03	-0.4	0.01	-0.32	-0.41	0.04	0.05	0.03		-0.03	0.03	-0.17	0.02	-0.31	-0.09	-0.07
Other Stockholder Equity	0.51	-0.01	-0.22	-0.01	-0.22	0.24	-0.22	0.14	-0.32	-0.09	-0.24	0.3	0.02	0.2	0.11	-0.21	-0.25	-0.33	-0.03		-0.24	-0.11	-0.2	0.28	-0.25	-0.17
Total Liab	0.32	0.95	0.96	-0.22	0.99	0.81	0.98	0.68	0.86	0.95	0.98	-0.17	0.95	0.45	0.44	0.86	0.97	0.95	0.03	-0.24		0.88	0.94	0.69	0.84	0.72
Total Current Assets	0.39	0.94	0.8	-0.2	0.89	0.91	0.9	0.76	0.55	0.93	0.9	0.2	0.9	0.25	0.73	0.84	0.8	0.83	-0.17	-0.11	0.88		0.84	0.81	0.77	0.71
Short Term Debt	0.25	0.91	0.91	-0.35	0.96	0.78	0.94	0.55	0.82	0.94	0.95	-0.2	0.91	0.48	0.38	0.88	0.86	0.89	0.02	-0.2	0.94	0.84		0.6	0.75	0.83
Common Stock	0.79	0.82	0.64	0.11	0.69	0.89	0.7	0.68	0.35	0.76	0.66	0.41	0.81	0.26	0.73	0.56	0.64	0.61	-0.31	0.28	0.69	0.81	0.6		0.59	0.46
Short Term Investments	0.4	0.8	0.87	-0.27	0.81	0.7	0.87	0.64	0.79	0.82	0.83	-0.12	0.79	0.53	0.46	0.68	0.83	0.82	-0.09	-0.25	0.84	0.77	0.75	0.59		0.5
Other Liab	0.06	0.75	0.57	-0.22	0.75	0.68	0.76	0.22	0.55	0.81	0.83	-0.24	0.75	0.3	0.23	0.83	0.62	0.77	-0.07	-0.17	0.72	0.71	0.83	0.46	0.5

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Shengda Mining Account Relationship Matchups

Shengda Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	4.6B	5.3B	5.4B	6.5B	6.9B
Short Long Term Debt Total	869.8M	1.4B	1.2B	912.7M	1.2B	1.2B
Other Current Liab	192.3M	5.1M	12.7M	251.1M	4.6M	4.3M
Total Current Liabilities	980.8M	1.3B	1.6B	1.5B	1.8B	1.9B
Total Stockholder Equity	2.3B	2.2B	2.6B	3.0B	3.1B	3.3B
Property Plant And Equipment Net	1.6B	1.8B	2.3B	2.5B	2.5B	2.7B
Current Deferred Revenue	351.8M	357.3M	610.9M	79.1M	356.0M	373.8M
Net Debt	544.0M	596.6M	781.3M	634.8M	710.0M	745.5M
Retained Earnings	1.7B	1.9B	2.3B	2.7B	2.8B	3.0B
Accounts Payable	257.1M	261.6M	332.5M	359.8M	472.0M	495.6M
Cash	325.8M	784.8M	372.8M	277.9M	446.9M	265.8M
Non Current Assets Total	3.2B	3.3B	3.6B	3.8B	4.8B	5.0B
Non Currrent Assets Other	554.4M	500.8M	447.9M	431.1M	428.1M	449.5M
Cash And Short Term Investments	698.3M	1.2B	724.6M	632.7M	792.2M	831.8M
Net Receivables	213.5M	53.3M	726.5M	664.5M	728.8M	765.3M
Liabilities And Stockholders Equity	4.3B	4.6B	5.3B	5.4B	6.5B	6.9B
Non Current Liabilities Total	704.3M	673.9M	549.8M	382.2M	796.6M	836.4M
Inventory	183.5M	126.5M	214.1M	244.6M	245.9M	258.2M
Other Current Assets	9.6M	7.6M	21.0M	7.0M	11.3M	17.1M
Other Stockholder Equity	437.9M	189.6M	156.4M	156.6M	157.5M	232.4M
Total Liab	1.7B	2.0B	2.2B	1.8B	2.6B	2.8B
Total Current Assets	1.1B	1.3B	1.7B	1.5B	1.8B	1.9B
Short Term Debt	179.6M	720.9M	668.6M	773.5M	1.0B	1.1B
Short Term Investments	372.5M	376.8M	351.7M	354.8M	345.3M	186.4M
Other Liab	14.0M	13.5M	21.2M	243.1M	279.5M	293.5M
Property Plant Equipment	1.6B	1.8B	2.3B	2.5B	2.9B	3.0B
Intangible Assets	476.4M	459.6M	538.9M	509.2M	1.3B	1.4B
Net Tangible Assets	1.8B	1.8B	2.0B	2.4B	2.8B	2.1B
Deferred Long Term Liab	42.1M	49.2M	44.5M	44.5M	51.2M	30.0M
Long Term Debt	690.3M	660.4M	485.5M	130M	143.5M	136.3M
Net Invested Capital	3.1B	3.5B	3.5B	3.5B	4.0B	3.5B
Short Long Term Debt	130.2M	570.9M	421.9M	348.1M	751.5M	390.1M
Net Working Capital	124.1M	4.1M	61.3M	85.1M	(66.5M)	(63.1M)

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

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Shengda Net Debt vs Total Revenue Analysis

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Total Revenue

Shengda Mining fundamental ratios Correlations

Shengda Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shengda Mining fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Current Liabilities
Accounts Payable	+ 0.98	Total Current Liabilities
Accounts Payable	+ 0.98	Property Plant And Equipment Net

Cash	- 0.58	Net Debt
Non Currrent Assets Other	- 0.43	Other Current Liab
Other Current Assets	- 0.42	Common Stock Shares Outstanding
Other Current Assets	- 0.41	Cash And Short Term Investments
Other Current Assets	- 0.4	Cash
Non Currrent Assets Other	- 0.4	Cash