Shenzhen Long Term Debt vs Good Will Analysis

002121 Stock

4.73 0.05 1.07%

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

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Clou Electronics Long Term Debt account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shenzhen Clou's Long Term Debt and Good Will is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Shenzhen Clou Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Clou's Long Term Debt and Good Will 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 Clou Electronics are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Shenzhen Clou's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

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

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Shenzhen Clou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Clou 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Clou Electronics. 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 23, 2024, Selling General Administrative is expected to decline to about 317.5 M. In addition to that, Tax Provision is expected to decline to about (65.3 M)

	2021	2022	2023	2024 (projected)
Gross Profit	926.6M	933.4M	1.2B	1.1B
Research Development	214.4M	234.0M	264.7M	282.4M

Gross Profit Research Development

Shenzhen Clou fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.61	0.91	0.76	0.55	0.02	0.95	0.93	0.85	0.84	0.94	0.89	0.54	0.97	0.72	0.69	0.95	-0.35	0.76	0.0	0.35	0.09	0.81	0.57	0.64	0.65
Other Current Liab	0.61		0.72	0.18	0.38	-0.15	0.62	0.55	0.51	0.36	0.47	0.6	0.52	0.69	0.47	0.39	0.53	-0.3	0.31	-0.03	-0.05	0.06	0.38	0.51	0.46	0.23
Total Current Liabilities	0.91	0.72		0.45	0.59	-0.35	0.85	0.89	0.9	0.58	0.74	0.87	0.55	0.97	0.87	0.83	0.83	-0.58	0.47	0.21	-0.01	0.35	0.69	0.83	0.84	0.38
Total Stockholder Equity	0.76	0.18	0.45		0.28	0.53	0.68	0.7	0.43	0.79	0.89	0.64	0.27	0.6	0.35	0.27	0.73	0.03	0.83	-0.12	0.81	-0.31	0.75	0.06	0.17	0.86
Other Liab	0.55	0.38	0.59	0.28		-0.14	0.42	0.67	0.48	0.32	0.55	0.54	0.41	0.6	0.52	0.43	0.4	-0.33	0.26	0.1	0.03	0.01	0.53	0.45	0.59	0.47
Retained Earnings	0.02	-0.15	-0.35	0.53	-0.14		0.03	-0.07	-0.44	0.34	0.28	-0.1	-0.13	-0.16	-0.56	-0.64	0.07	0.67	0.52	-0.53	0.86	-0.87	0.1	-0.71	-0.68	0.55
Accounts Payable	0.95	0.62	0.85	0.68	0.42	0.03		0.81	0.83	0.84	0.86	0.78	0.5	0.93	0.6	0.6	0.99	-0.19	0.8	-0.23	0.25	0.08	0.63	0.45	0.48	0.46
Cash	0.93	0.55	0.89	0.7	0.67	-0.07	0.81		0.78	0.68	0.85	0.94	0.53	0.91	0.77	0.72	0.82	-0.45	0.6	0.2	0.31	0.15	0.8	0.63	0.74	0.68
Other Assets	0.85	0.51	0.9	0.43	0.48	-0.44	0.83	0.78		0.65	0.68	0.76	0.47	0.9	0.85	0.9	0.83	-0.57	0.51	0.11	-0.11	0.55	0.61	0.74	0.81	0.27
Long Term Debt	0.84	0.36	0.58	0.79	0.32	0.34	0.84	0.68	0.65		0.86	0.66	0.4	0.76	0.33	0.41	0.88	-0.01	0.9	-0.3	0.52	-0.13	0.67	0.14	0.26	0.67
Net Receivables	0.94	0.47	0.74	0.89	0.55	0.28	0.86	0.85	0.68	0.86		0.79	0.41	0.85	0.57	0.51	0.87	-0.16	0.82	-0.08	0.57	-0.16	0.87	0.34	0.44	0.81
Inventory	0.89	0.6	0.87	0.64	0.54	-0.1	0.78	0.94	0.76	0.66	0.79		0.47	0.89	0.7	0.74	0.78	-0.35	0.55	0.2	0.23	0.22	0.73	0.64	0.71	0.6
Other Current Assets	0.54	0.52	0.55	0.27	0.41	-0.13	0.5	0.53	0.47	0.4	0.41	0.47		0.57	0.49	0.44	0.47	-0.35	0.24	0.11	0.07	-0.04	0.42	0.49	0.45	0.28
Total Liab	0.97	0.69	0.97	0.6	0.6	-0.16	0.93	0.91	0.9	0.76	0.85	0.89	0.57		0.78	0.77	0.93	-0.44	0.66	0.04	0.15	0.22	0.75	0.68	0.73	0.51
Intangible Assets	0.72	0.47	0.87	0.35	0.52	-0.56	0.6	0.77	0.85	0.33	0.57	0.7	0.49	0.78		0.91	0.6	-0.81	0.18	0.54	-0.12	0.55	0.68	0.9	0.94	0.29
Common Stock	0.69	0.39	0.83	0.27	0.43	-0.64	0.6	0.72	0.9	0.41	0.51	0.74	0.44	0.77	0.91		0.6	-0.7	0.17	0.5	-0.26	0.69	0.6	0.88	0.94	0.17
Property Plant Equipment	0.95	0.53	0.83	0.73	0.4	0.07	0.99	0.82	0.83	0.88	0.87	0.78	0.47	0.93	0.6	0.6		-0.2	0.82	-0.2	0.32	0.08	0.66	0.44	0.48	0.52
Short Term Investments	-0.35	-0.3	-0.58	0.03	-0.33	0.67	-0.19	-0.45	-0.57	-0.01	-0.16	-0.35	-0.35	-0.44	-0.81	-0.7	-0.2		0.12	-0.68	0.26	-0.56	-0.48	-0.84	-0.84	-0.1
Good Will	0.76	0.31	0.47	0.83	0.26	0.52	0.8	0.6	0.51	0.9	0.82	0.55	0.24	0.66	0.18	0.17	0.82	0.12		-0.53	0.64	-0.29	0.56	-0.04	0.05	0.67
Treasury Stock	0.0	-0.03	0.21	-0.12	0.1	-0.53	-0.23	0.2	0.11	-0.3	-0.08	0.2	0.11	0.04	0.54	0.5	-0.2	-0.68	-0.53		-0.2	0.42	0.33	0.62	0.62	0.05
Net Tangible Assets	0.35	-0.05	-0.01	0.81	0.03	0.86	0.25	0.31	-0.11	0.52	0.57	0.23	0.07	0.15	-0.12	-0.26	0.32	0.26	0.64	-0.2		-0.71	0.51	-0.33	-0.27	0.84
Other Stockholder Equity	0.09	0.06	0.35	-0.31	0.01	-0.87	0.08	0.15	0.55	-0.13	-0.16	0.22	-0.04	0.22	0.55	0.69	0.08	-0.56	-0.29	0.42	-0.71		-0.09	0.61	0.63	-0.43
Deferred Long Term Liab	0.81	0.38	0.69	0.75	0.53	0.1	0.63	0.8	0.61	0.67	0.87	0.73	0.42	0.75	0.68	0.6	0.66	-0.48	0.56	0.33	0.51	-0.09		0.51	0.61	0.81
Long Term Investments	0.57	0.51	0.83	0.06	0.45	-0.71	0.45	0.63	0.74	0.14	0.34	0.64	0.49	0.68	0.9	0.88	0.44	-0.84	-0.04	0.62	-0.33	0.61	0.51		0.95	0.07
Short Long Term Debt	0.64	0.46	0.84	0.17	0.59	-0.68	0.48	0.74	0.81	0.26	0.44	0.71	0.45	0.73	0.94	0.94	0.48	-0.84	0.05	0.62	-0.27	0.63	0.61	0.95		0.21
Total Current Assets	0.65	0.23	0.38	0.86	0.47	0.55	0.46	0.68	0.27	0.67	0.81	0.6	0.28	0.51	0.29	0.17	0.52	-0.1	0.67	0.05	0.84	-0.43	0.81	0.07	0.21

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Shenzhen Clou Account Relationship Matchups

Shenzhen Clou fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.1B	9.3B	8.3B	8.8B	7.9B	6.3B
Other Current Liab	801.2M	959.4M	859.1M	1.5B	17.1M	16.2M
Total Current Liabilities	7.3B	6.2B	6.4B	7.3B	6.2B	3.7B
Total Stockholder Equity	1.2B	1.4B	766.9M	648.5M	940.6M	1.5B
Other Liab	839.0M	175.4M	135.5M	102.7M	118.1M	147.7M
Retained Earnings	(2.1B)	(1.9B)	(2.6B)	(2.7B)	(3.3B)	(3.2B)
Accounts Payable	1.9B	2.1B	2.2B	2.0B	1.9B	1.4B
Cash	1.5B	1.1B	761.5M	1.1B	902.4M	757.7M
Other Assets	1.1B	1.0B	1.0B	1.1B	1.2B	1.3B
Long Term Debt	919.9M	1.2B	702.6M	728.6M	589.5M	997.8M
Net Receivables	2.4B	1.6B	1.8B	1.4B	1.2B	1.5B
Inventory	1.1B	882.1M	719.2M	1.2B	880.1M	668.5M
Other Current Assets	643.4M	1.6B	300.0M	207.1M	137.4M	130.5M
Total Liab	9.0B	7.6B	7.3B	8.1B	6.9B	4.8B
Intangible Assets	553.4M	523.4M	489.2M	463.0M	510.3M	535.8M
Property Plant Equipment	2.3B	2.7B	2.5B	2.4B	2.7B	1.7B
Good Will	426.7M	96.8M	78.1M	73.3M	66.0M	62.7M
Net Tangible Assets	571.3M	830.7M	199.6M	112.2M	101.0M	96.0M
Other Stockholder Equity	2.2M	2.4M	2.3M	6.7M	7.7M	8.1M
Deferred Long Term Liab	131.5M	104.2M	128.5M	86.4M	77.7M	101.3M
Short Long Term Debt	3.7B	2.5B	2.5B	3.0B	2.9B	2.6B
Total Current Assets	5.6B	4.5B	3.6B	4.2B	3.4B	4.1B
Non Current Assets Total	4.5B	4.8B	4.7B	4.6B	4.5B	4.4B
Non Currrent Assets Other	306.7M	296.4M	259.4M	318.5M	30.6M	29.0M
Non Current Liabilities Total	1.8B	1.5B	895.5M	851.5M	756.2M	1.5B
Non Current Liabilities Other	619.4M	1.1M	1.6M	10.9M	105.4M	83.6M
Net Debt	2.9B	2.7B	2.5B	2.6B	2.6B	2.1B
Net Invested Capital	5.6B	5.2B	4.0B	4.3B	4.4B	4.6B
Net Working Capital	(1.6B)	(1.7B)	(2.8B)	(3.0B)	(2.8B)	(2.9B)

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Long Term Debt vs Good Will Analysis

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Debt

Good Will

Shenzhen Clou fundamental ratios Correlations

Shenzhen Clou Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Clou fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

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COMPANY

Property Plant Equipment	+ 0.99	Accounts Payable
Total Liab	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Accounts Payable	+ 0.95	Total Assets
Property Plant Equipment	+ 0.95	Total Assets
Short Long Term Debt	+ 0.95	Long Term Investments

Other Stockholder Equity	- 0.87	Retained Earnings
Short Long Term Debt	- 0.84	Short Term Investments
Long Term Investments	- 0.84	Short Term Investments
Short Term Investments	- 0.81	Intangible Assets
Other Stockholder Equity	- 0.71	Net Tangible Assets
Long Term Investments	- 0.71	Retained Earnings