002555 Long Term Debt vs Non Current Assets Total Analysis

002555 Stock   16.68  0.28  1.65%   
37 Interactive financial indicator trend analysis is way more than just evaluating 37 Interactive Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 37 Interactive Enter is a good investment. Please check the relationship between 37 Interactive Long Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 37 Interactive Entertainment. 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 Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 37 Interactive Enter Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between 37 Interactive's Long Term Debt and Non Current Assets Total is 0.62. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of 37 Interactive Entertainment, assuming nothing else is changed. The correlation between historical values of 37 Interactive's Long Term Debt and Non Current Assets Total 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 37 Interactive Entertainment are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., 37 Interactive's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that 37 Interactive Enter has held for over one year. Long-term debt appears on 37 Interactive Entertainment 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 37 Interactive Entertainment 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from 37 Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 37 Interactive Enter 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 37 Interactive Entertainment. 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 9.1 B, whereas Tax Provision is forecasted to decline to about 267.7 M.
 2021 2022 2023 2024 (projected)
Operating Income3.0B3.3B2.8B1.5B
Total Revenue16.2B16.4B16.5B17.4B

37 Interactive fundamental ratios Correlations

0.320.960.990.980.970.960.810.650.690.720.580.970.580.90.870.86-0.070.80.88-0.82-0.370.820.910.830.7
0.320.420.280.340.290.15-0.05-0.030.380.520.90.390.40.430.360.04-0.030.480.21-0.57-0.280.530.370.11-0.3
0.960.420.930.940.970.920.740.530.590.650.61.00.610.850.90.79-0.20.770.79-0.84-0.410.80.860.810.69
0.990.280.930.980.950.960.810.670.70.730.570.940.560.890.850.88-0.030.80.89-0.8-0.330.810.910.830.68
0.980.340.940.980.980.950.780.670.690.730.620.950.510.870.880.84-0.10.860.9-0.84-0.440.840.940.80.65
0.970.290.970.950.980.950.780.620.610.650.530.980.570.840.90.83-0.20.810.85-0.82-0.460.810.90.80.73
0.960.150.920.960.950.950.770.570.510.570.430.930.590.760.90.95-0.190.790.88-0.82-0.260.680.910.870.75
0.81-0.050.740.810.780.780.770.870.680.560.170.770.280.760.540.660.150.440.71-0.38-0.250.650.640.770.88
0.65-0.030.530.670.670.620.570.870.760.660.210.570.070.660.370.420.370.460.67-0.27-0.450.610.590.620.66
0.690.380.590.70.690.610.510.680.760.90.620.610.140.880.320.360.330.480.64-0.37-0.40.880.60.480.33
0.720.520.650.730.730.650.570.560.660.90.710.660.30.830.510.430.280.660.75-0.58-0.410.870.750.60.26
0.580.90.60.570.620.530.430.170.210.620.710.590.430.670.530.320.020.680.46-0.73-0.440.720.60.27-0.12
0.970.391.00.940.950.980.930.770.570.610.660.590.60.860.90.8-0.180.770.81-0.83-0.420.80.870.820.71
0.580.40.610.560.510.570.590.280.070.140.30.430.60.330.640.6-0.260.520.47-0.64-0.020.310.560.530.31
0.90.430.850.890.870.840.760.760.660.880.830.670.860.330.650.610.110.640.73-0.65-0.450.930.740.620.51
0.870.360.90.850.880.90.90.540.370.320.510.530.90.640.650.82-0.260.860.78-0.94-0.370.610.870.760.57
0.860.040.790.880.840.830.950.660.420.360.430.320.80.60.610.82-0.20.720.85-0.77-0.010.540.850.830.68
-0.07-0.03-0.2-0.03-0.1-0.2-0.190.150.370.330.280.02-0.18-0.260.11-0.26-0.2-0.2-0.010.18-0.020.04-0.10.04-0.07
0.80.480.770.80.860.810.790.440.460.480.660.680.770.520.640.860.72-0.20.87-0.91-0.370.720.940.680.31
0.880.210.790.890.90.850.880.710.670.640.750.460.810.470.730.780.85-0.010.87-0.77-0.180.770.970.890.58
-0.82-0.57-0.84-0.8-0.84-0.82-0.82-0.38-0.27-0.37-0.58-0.73-0.83-0.64-0.65-0.94-0.770.18-0.91-0.770.33-0.66-0.88-0.68-0.32
-0.37-0.28-0.41-0.33-0.44-0.46-0.26-0.25-0.45-0.4-0.41-0.44-0.42-0.02-0.45-0.37-0.01-0.02-0.37-0.180.33-0.42-0.27-0.03-0.19
0.820.530.80.810.840.810.680.650.610.880.870.720.80.310.930.610.540.040.720.77-0.66-0.420.790.60.37
0.910.370.860.910.940.90.910.640.590.60.750.60.870.560.740.870.85-0.10.940.97-0.88-0.270.790.860.53
0.830.110.810.830.80.80.870.770.620.480.60.270.820.530.620.760.830.040.680.89-0.68-0.030.60.860.76
0.7-0.30.690.680.650.730.750.880.660.330.26-0.120.710.310.510.570.68-0.070.310.58-0.32-0.190.370.530.76
Click cells to compare fundamentals

37 Interactive Account Relationship Matchups

37 Interactive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B10.6B14.4B17.1B19.1B20.1B
Other Current Liab467.6M1.6B607.3M739.9M55.3M52.5M
Total Current Liabilities2.6B4.5B3.4B4.3B5.9B6.2B
Total Stockholder Equity7.0B6.0B10.8B12.2B12.7B13.3B
Retained Earnings4.9B4.0B6.1B7.4B7.4B7.8B
Accounts Payable1.7B1.5B1.8B2.2B2.9B3.1B
Cash2.2B1.8B4.6B5.1B6.2B6.5B
Other Assets336.1M112.1M145.9M1.2B1.3B1.4B
Long Term Debt281.2M250.0M20M323M306M215.4M
Net Receivables1.4B1.2B1.3B1.4B1.5B891.1M
Other Current Assets787.0M1.5B1.1B917.3M252.4M436.2M
Total Liab2.9B4.5B3.6B4.8B6.3B6.6B
Intangible Assets17.0M1.1B1.1B1.1B1.0B1.1B
Common Stock2.1B2.1B2.1B2.2B2.6B2.7B
Property Plant Equipment844.3M926.9M1.0B1.1B1.3B1.4B
Other Liab1.1M391.8K120.9M101.5M116.7M122.5M
Good Will2.5B1.6B1.6B1.6B1.6B1.3B
Short Term Investments2.0B1.3B2.1B2.8B2.0B1.2B
Net Tangible Assets5.4B3.3B8.1B9.5B11.0B5.5B
Other Stockholder Equity(94.6M)(149.1M)(184.2M)(153.0M)(137.7M)(130.9M)
Deferred Long Term Liab38.6M71.4M97.9M99.5M89.5M68.1M
Total Current Assets6.4B5.8B9.2B10.6B11.1B6.8B
Non Current Assets Total3.8B4.8B5.3B6.5B8.0B5.7B
Non Currrent Assets Other270.9M30.7M30.3M1.0B2.3B2.4B
Non Current Liabilities Total251.2M391.8K180.5M441.2M416.6M270.6M
Net Invested Capital7.3B6.9B11.2B13.4B14.6B10.6B
Net Working Capital3.8B1.3B5.8B6.2B5.2B4.2B

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Other Information on Investing in 002555 Stock

Balance Sheet is a snapshot of the financial position of 37 Interactive Enter at a specified time, usually calculated after every quarter, six months, or one year. 37 Interactive Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 37 Interactive 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 002555 currently owns. An asset can also be divided into two categories, current and non-current.