Suofeiya Depreciation vs Change To Liabilities Analysis

002572 Stock   16.87  0.42  2.55%   
Suofeiya Home financial indicator trend analysis is much more than just breaking down Suofeiya Home Collection prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suofeiya Home Collection is a good investment. Please check the relationship between Suofeiya Home Depreciation and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suofeiya Home Collection. 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.

Depreciation vs Change To Liabilities

Depreciation vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suofeiya Home Collection Depreciation account and Change To Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Suofeiya Home's Depreciation and Change To Liabilities is -0.53. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Suofeiya Home Collection, assuming nothing else is changed. The correlation between historical values of Suofeiya Home's Depreciation and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Suofeiya Home Collection are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Depreciation i.e., Suofeiya Home's Depreciation and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation

Depreciation indicates how much of Suofeiya Home Collection value has been used up. For tax purposes Suofeiya Home can deduct the cost of the tangible assets it purchases as business expenses. However, Suofeiya Home Collection must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Liabilities

Most indicators from Suofeiya Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suofeiya Home Collection 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 Suofeiya Home Collection. 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 26, 2024, Selling General Administrative is expected to decline to about 624.9 M. In addition to that, Tax Provision is expected to decline to about 287.3 M
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.9B2.0B
Total Revenue10.4B11.2B11.7B12.2B

Suofeiya Home fundamental ratios Correlations

0.540.980.860.980.990.930.950.920.850.230.980.930.80.990.870.860.550.690.850.720.820.820.920.940.84
0.540.480.710.620.560.380.30.680.810.370.480.490.710.530.740.650.460.680.630.480.480.640.280.660.66
0.980.480.790.940.990.930.950.90.830.141.00.950.70.960.80.780.470.590.770.760.740.770.970.920.76
0.860.710.790.90.830.760.730.830.90.330.770.720.950.870.950.920.660.810.90.610.830.880.650.930.9
0.980.620.940.90.970.870.90.940.860.260.930.870.840.980.920.880.590.750.910.670.810.870.840.950.88
0.990.560.990.830.970.90.940.940.880.150.990.950.740.970.850.80.490.640.810.780.740.810.920.930.79
0.930.380.930.760.870.90.890.760.720.270.920.850.70.90.740.740.420.530.740.620.730.710.930.850.74
0.950.30.950.730.90.940.890.850.740.140.960.940.660.950.730.740.40.550.710.770.780.730.920.820.73
0.920.680.90.830.940.940.760.850.880.220.90.890.780.920.880.780.460.640.80.760.750.880.770.880.82
0.850.810.830.90.860.880.720.740.880.210.840.850.840.830.870.790.480.720.730.830.690.810.690.890.77
0.230.370.140.330.260.150.270.140.220.210.130.140.430.280.350.41-0.050.440.340.050.520.520.070.230.57
0.980.481.00.770.930.990.920.960.90.840.130.970.690.950.790.760.430.580.740.810.740.760.960.90.75
0.930.490.950.720.870.950.850.940.890.850.140.970.660.920.740.710.340.550.630.890.740.720.90.820.7
0.80.710.70.950.840.740.70.660.780.840.430.690.660.830.940.860.570.790.840.560.840.830.560.840.91
0.990.530.960.870.980.970.90.950.920.830.280.950.920.830.880.870.550.730.860.710.860.830.890.920.87
0.870.740.80.950.920.850.740.730.880.870.350.790.740.940.880.890.590.740.920.60.830.90.680.930.94
0.860.650.780.920.880.80.740.740.780.790.410.760.710.860.870.890.760.830.930.540.920.830.650.90.93
0.550.460.470.660.590.490.420.40.460.48-0.050.430.340.570.550.590.760.670.750.130.560.40.380.650.55
0.690.680.590.810.750.640.530.550.640.720.440.580.550.790.730.740.830.670.770.40.730.670.430.710.78
0.850.630.770.90.910.810.740.710.80.730.340.740.630.840.860.920.930.750.770.390.810.850.670.920.91
0.720.480.760.610.670.780.620.770.760.830.050.810.890.560.710.60.540.130.40.390.580.580.680.650.55
0.820.480.740.830.810.740.730.780.750.690.520.740.740.840.860.830.920.560.730.810.580.80.660.790.94
0.820.640.770.880.870.810.710.730.880.810.520.760.720.830.830.90.830.40.670.850.580.80.660.870.91
0.920.280.970.650.840.920.930.920.770.690.070.960.90.560.890.680.650.380.430.670.680.660.660.830.64
0.940.660.920.930.950.930.850.820.880.890.230.90.820.840.920.930.90.650.710.920.650.790.870.830.88
0.840.660.760.90.880.790.740.730.820.770.570.750.70.910.870.940.930.550.780.910.550.940.910.640.88
Click cells to compare fundamentals

Suofeiya Home Account Relationship Matchups

Suofeiya Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B10.9B12.4B12.1B14.6B15.3B
Other Current Liab824.8M1.2B1.7B999.4M222.5M211.3M
Total Current Liabilities2.4B4.0B5.3B4.6B6.2B6.6B
Total Stockholder Equity5.4B6.1B5.6B5.8B7.0B3.6B
Retained Earnings3.3B3.9B3.5B4.0B4.1B4.3B
Accounts Payable835.1M1.3B1.6B1.6B1.7B1.8B
Cash1.3B2.6B2.7B2.1B3.5B3.7B
Other Assets274.5M257.5M368.3M589.0M677.3M711.2M
Net Receivables1.1B840.5M1.3B1.3B994.9M1.0B
Inventory338.8M492.7M741.1M636.4M563.8M298.0M
Other Current Assets91.5M110.3M178.7M94.2M61.3M117.6M
Total Liab2.6B4.2B6.5B6.0B7.3B7.6B
Intangible Assets545.8M559.4M1.8B1.7B1.6B1.7B
Property Plant Equipment3.3B3.3B3.9B4.2B4.9B5.1B
Other Liab100.3M113.5M103.2M97.7M112.4M68.3M
Short Term Investments1.3B959.3M637.4M340.5M782.4M708.4M
Net Tangible Assets4.9B5.5B3.9B4.1B4.7B4.4B
Long Term Debt30M96.5M1.0B1.3B867.8M462.4M
Deferred Long Term Liab83.1M63.6M80.8M82.6M95.0M84.1M
Short Long Term Debt313M979.7M1.3B872.1M2.0B2.1B
Total Current Assets4.1B6.0B5.5B4.7B6.4B4.7B
Non Current Assets Total4.4B4.8B6.9B7.4B8.2B5.7B
Non Currrent Assets Other24.0M8.9M144.3M317.2M747.7M785.1M
Non Current Liabilities Total130.3M210.0M1.2B1.4B1.0B639.8M
Non Current Liabilities Other252.5M176.9M30M24.8K22.4K21.2K
Net Invested Capital5.8B7.2B8.0B7.9B9.9B7.7B
Net Working Capital1.7B2.0B250.1M75.1M138.1M131.2M
Other Stockholder Equity(39.0M)(23.6M)2.7M(10.4M)(12.0M)(12.6M)

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 Suofeiya Stock

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