Shenzhen Total Assets vs Short Long Term Debt 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 Total Assets and its Short Long Term Debt 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Clou Electronics Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Clou's Total Assets and Short Long Term Debt is 0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt 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 Total Assets and Short 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 Total Assets of Shenzhen Clou Electronics are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Shenzhen Clou's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Shenzhen Clou assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shenzhen Clou Electronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Profit926.6M933.4M1.2B1.1B
Research Development214.4M234.0M264.7M282.4M

Shenzhen Clou fundamental ratios Correlations

0.610.910.760.550.020.950.930.850.840.940.890.540.970.720.690.95-0.350.760.00.350.090.810.570.640.65
0.610.720.180.38-0.150.620.550.510.360.470.60.520.690.470.390.53-0.30.31-0.03-0.050.060.380.510.460.23
0.910.720.450.59-0.350.850.890.90.580.740.870.550.970.870.830.83-0.580.470.21-0.010.350.690.830.840.38
0.760.180.450.280.530.680.70.430.790.890.640.270.60.350.270.730.030.83-0.120.81-0.310.750.060.170.86
0.550.380.590.28-0.140.420.670.480.320.550.540.410.60.520.430.4-0.330.260.10.030.010.530.450.590.47
0.02-0.15-0.350.53-0.140.03-0.07-0.440.340.28-0.1-0.13-0.16-0.56-0.640.070.670.52-0.530.86-0.870.1-0.71-0.680.55
0.950.620.850.680.420.030.810.830.840.860.780.50.930.60.60.99-0.190.8-0.230.250.080.630.450.480.46
0.930.550.890.70.67-0.070.810.780.680.850.940.530.910.770.720.82-0.450.60.20.310.150.80.630.740.68
0.850.510.90.430.48-0.440.830.780.650.680.760.470.90.850.90.83-0.570.510.11-0.110.550.610.740.810.27
0.840.360.580.790.320.340.840.680.650.860.660.40.760.330.410.88-0.010.9-0.30.52-0.130.670.140.260.67
0.940.470.740.890.550.280.860.850.680.860.790.410.850.570.510.87-0.160.82-0.080.57-0.160.870.340.440.81
0.890.60.870.640.54-0.10.780.940.760.660.790.470.890.70.740.78-0.350.550.20.230.220.730.640.710.6
0.540.520.550.270.41-0.130.50.530.470.40.410.470.570.490.440.47-0.350.240.110.07-0.040.420.490.450.28
0.970.690.970.60.6-0.160.930.910.90.760.850.890.570.780.770.93-0.440.660.040.150.220.750.680.730.51
0.720.470.870.350.52-0.560.60.770.850.330.570.70.490.780.910.6-0.810.180.54-0.120.550.680.90.940.29
0.690.390.830.270.43-0.640.60.720.90.410.510.740.440.770.910.6-0.70.170.5-0.260.690.60.880.940.17
0.950.530.830.730.40.070.990.820.830.880.870.780.470.930.60.6-0.20.82-0.20.320.080.660.440.480.52
-0.35-0.3-0.580.03-0.330.67-0.19-0.45-0.57-0.01-0.16-0.35-0.35-0.44-0.81-0.7-0.20.12-0.680.26-0.56-0.48-0.84-0.84-0.1
0.760.310.470.830.260.520.80.60.510.90.820.550.240.660.180.170.820.12-0.530.64-0.290.56-0.040.050.67
0.0-0.030.21-0.120.1-0.53-0.230.20.11-0.3-0.080.20.110.040.540.5-0.2-0.68-0.53-0.20.420.330.620.620.05
0.35-0.05-0.010.810.030.860.250.31-0.110.520.570.230.070.15-0.12-0.260.320.260.64-0.2-0.710.51-0.33-0.270.84
0.090.060.35-0.310.01-0.870.080.150.55-0.13-0.160.22-0.040.220.550.690.08-0.56-0.290.42-0.71-0.090.610.63-0.43
0.810.380.690.750.530.10.630.80.610.670.870.730.420.750.680.60.66-0.480.560.330.51-0.090.510.610.81
0.570.510.830.060.45-0.710.450.630.740.140.340.640.490.680.90.880.44-0.84-0.040.62-0.330.610.510.950.07
0.640.460.840.170.59-0.680.480.740.810.260.440.710.450.730.940.940.48-0.840.050.62-0.270.630.610.950.21
0.650.230.380.860.470.550.460.680.270.670.810.60.280.510.290.170.52-0.10.670.050.84-0.430.810.070.21
Click cells to compare fundamentals

Shenzhen Clou Account Relationship Matchups

Shenzhen Clou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B9.3B8.3B8.8B7.9B6.3B
Other Current Liab801.2M959.4M859.1M1.5B17.1M16.2M
Total Current Liabilities7.3B6.2B6.4B7.3B6.2B3.7B
Total Stockholder Equity1.2B1.4B766.9M648.5M940.6M1.5B
Other Liab839.0M175.4M135.5M102.7M118.1M147.7M
Retained Earnings(2.1B)(1.9B)(2.6B)(2.7B)(3.3B)(3.2B)
Accounts Payable1.9B2.1B2.2B2.0B1.9B1.4B
Cash1.5B1.1B761.5M1.1B902.4M757.7M
Other Assets1.1B1.0B1.0B1.1B1.2B1.3B
Long Term Debt919.9M1.2B702.6M728.6M589.5M997.8M
Net Receivables2.4B1.6B1.8B1.4B1.2B1.5B
Inventory1.1B882.1M719.2M1.2B880.1M668.5M
Other Current Assets643.4M1.6B300.0M207.1M137.4M130.5M
Total Liab9.0B7.6B7.3B8.1B6.9B4.8B
Intangible Assets553.4M523.4M489.2M463.0M510.3M535.8M
Property Plant Equipment2.3B2.7B2.5B2.4B2.7B1.7B
Good Will426.7M96.8M78.1M73.3M66.0M62.7M
Net Tangible Assets571.3M830.7M199.6M112.2M101.0M96.0M
Other Stockholder Equity2.2M2.4M2.3M6.7M7.7M8.1M
Deferred Long Term Liab131.5M104.2M128.5M86.4M77.7M101.3M
Short Long Term Debt3.7B2.5B2.5B3.0B2.9B2.6B
Total Current Assets5.6B4.5B3.6B4.2B3.4B4.1B
Non Current Assets Total4.5B4.8B4.7B4.6B4.5B4.4B
Non Currrent Assets Other306.7M296.4M259.4M318.5M30.6M29.0M
Non Current Liabilities Total1.8B1.5B895.5M851.5M756.2M1.5B
Non Current Liabilities Other619.4M1.1M1.6M10.9M105.4M83.6M
Net Debt2.9B2.7B2.5B2.6B2.6B2.1B
Net Invested Capital5.6B5.2B4.0B4.3B4.4B4.6B
Net Working Capital(1.6B)(1.7B)(2.8B)(3.0B)(2.8B)(2.9B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.