Shenzhen Other Assets vs Long Term Debt Analysis

002786 Stock   11.68  0.08  0.68%   
Shenzhen Silver financial indicator trend analysis is much more than just breaking down Shenzhen Silver Basis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Silver Basis is a good investment. Please check the relationship between Shenzhen Silver Other Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Silver Basis. 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.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Silver Basis Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Silver's Other Assets and Long Term Debt is 0.52. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shenzhen Silver Basis, assuming nothing else is changed. The correlation between historical values of Shenzhen Silver's Other Assets and 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 Other Assets of Shenzhen Silver Basis are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Shenzhen Silver's Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Long Term Debt

Long-term debt is a debt that Shenzhen Silver Basis has held for over one year. Long-term debt appears on Shenzhen Silver Basis 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 Silver Basis 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.
Most indicators from Shenzhen Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Silver Basis 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 Silver Basis. 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 134.1 M. The current year's Tax Provision is expected to grow to about 4.8 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.5B2.3B2.1B2.3B
Research Development180.8M171.8M151.9M110.8M

Shenzhen Silver fundamental ratios Correlations

0.570.970.30.81-0.360.970.390.830.680.7-0.230.960.430.970.920.910.9-0.6-0.930.080.860.870.520.90.77
0.570.66-0.110.62-0.280.520.260.540.00.23-0.020.650.650.620.620.430.47-0.58-0.47-0.220.560.820.620.580.43
0.970.660.060.9-0.530.930.260.730.540.51-0.240.930.41.00.940.90.94-0.77-0.880.110.830.90.460.930.85
0.3-0.110.06-0.230.70.30.670.580.430.830.170.330.370.070.110.1-0.040.55-0.25-0.390.320.080.50.02-0.26
0.810.620.9-0.23-0.760.76-0.080.540.390.24-0.560.760.190.890.820.80.86-0.87-0.790.270.750.830.160.940.93
-0.36-0.28-0.530.7-0.76-0.340.460.1-0.190.270.56-0.250.28-0.54-0.44-0.53-0.640.890.4-0.69-0.19-0.40.37-0.59-0.8
0.970.520.930.30.76-0.340.490.80.690.72-0.190.950.310.940.850.840.84-0.56-0.860.10.780.80.480.820.68
0.390.260.260.67-0.080.460.490.490.350.70.40.470.320.260.160.160.130.19-0.19-0.290.180.240.560.01-0.19
0.830.540.730.580.540.10.80.490.520.79-0.090.870.630.720.740.630.53-0.2-0.78-0.360.90.740.740.690.4
0.680.00.540.430.39-0.190.690.350.520.67-0.130.60.080.610.530.760.61-0.2-0.780.420.470.430.230.520.42
0.70.230.510.830.240.270.720.70.790.67-0.020.740.450.520.530.470.360.11-0.6-0.150.620.510.630.450.14
-0.23-0.02-0.240.17-0.560.56-0.190.4-0.09-0.13-0.02-0.130.27-0.24-0.19-0.23-0.260.340.33-0.46-0.29-0.170.46-0.48-0.51
0.960.650.930.330.76-0.250.950.470.870.60.74-0.130.550.920.910.810.79-0.51-0.86-0.090.890.920.670.860.65
0.430.650.40.370.190.280.310.320.630.080.450.270.550.360.590.30.23-0.03-0.38-0.510.640.620.880.380.13
0.970.621.00.070.89-0.540.940.260.720.610.52-0.240.920.360.930.930.95-0.76-0.90.170.810.880.430.930.86
0.920.620.940.110.82-0.440.850.160.740.530.53-0.190.910.590.930.870.88-0.65-0.870.050.90.910.560.930.82
0.910.430.90.10.8-0.530.840.160.630.760.47-0.230.810.30.930.870.96-0.7-0.950.320.730.770.320.870.86
0.90.470.94-0.040.86-0.640.840.130.530.610.36-0.260.790.230.950.880.96-0.82-0.860.340.690.770.240.880.93
-0.6-0.58-0.770.55-0.870.89-0.560.19-0.2-0.20.110.34-0.51-0.03-0.76-0.65-0.7-0.820.57-0.42-0.41-0.650.03-0.72-0.88
-0.93-0.47-0.88-0.25-0.790.4-0.86-0.19-0.78-0.78-0.60.33-0.86-0.38-0.9-0.87-0.95-0.860.57-0.2-0.84-0.81-0.42-0.91-0.78
0.08-0.220.11-0.390.27-0.690.1-0.29-0.360.42-0.15-0.46-0.09-0.510.170.050.320.34-0.42-0.2-0.22-0.07-0.610.160.41
0.860.560.830.320.75-0.190.780.180.90.470.62-0.290.890.640.810.90.730.69-0.41-0.84-0.220.850.630.890.66
0.870.820.90.080.83-0.40.80.240.740.430.51-0.170.920.620.880.910.770.77-0.65-0.81-0.070.850.650.890.7
0.520.620.460.50.160.370.480.560.740.230.630.460.670.880.430.560.320.240.03-0.42-0.610.630.650.350.02
0.90.580.930.020.94-0.590.820.010.690.520.45-0.480.860.380.930.930.870.88-0.72-0.910.160.890.890.350.9
0.770.430.85-0.260.93-0.80.68-0.190.40.420.14-0.510.650.130.860.820.860.93-0.88-0.780.410.660.70.020.9
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Shenzhen Silver Account Relationship Matchups

Shenzhen Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.3B4.3B4.0B4.1B3.6B
Other Current Liab271.0M469.7M401.1M170.0M164.7M236.5M
Total Current Liabilities2.9B3.4B3.3B3.2B3.1B2.5B
Total Stockholder Equity890.1M569.5M500.1M241.2M493.6M569.0M
Other Liab36.3M69.0M75.0M73.7M84.7M89.0M
Retained Earnings336.5M14.3M(582.2M)(900.3M)(702.9M)(667.8M)
Accounts Payable1.3B1.3B1.3B1.4B1.1B1.1B
Cash410.4M415.8M426.7M171.0M119.6M113.6M
Other Assets170.8M202.9M211.8M79.6M91.5M122.5M
Long Term Debt260.0M75.4M293.7M362.7M261.5M242.6M
Net Receivables824.1M639.9M710.0M558.1M445.4M737.0M
Inventory1.4B1.3B1.3B1.1B917.2M1.1B
Other Current Assets89.0M98.5M94.1M5.6M23.9M22.7M
Total Liab3.3B3.7B3.8B3.8B3.6B2.8B
Intangible Assets146.7M142.6M157.4M149.7M137.1M112.3M
Property Plant Equipment1.0B1.0B1.1B1.4B1.7B883.9M
Net Tangible Assets989.1M743.4M426.9M342.7M308.4M614.8M
Other Stockholder Equity(898.2K)(1.3M)(1.2M)1.1M958.0K1.0M
Deferred Long Term Liab52.1M58.5M49.9M38.3M44.1M46.9M
Short Long Term Debt1.0B1.0B1.1B620.8M456.8M688.1M
Total Current Assets2.8B2.7B2.5B2.1B1.8B1.9B
Non Current Assets Total1.5B1.5B1.8B1.9B2.4B1.7B
Non Currrent Assets Other28.3M40.1M6.3M6.1M763.3M801.5M
Non Current Liabilities Total329.0M320.7M503.2M556.3M536.3M474.6M
Non Current Liabilities Other289.3M71.0K68.3M2.1M8.8M8.3M
Net Debt668.2M679.7M1.0B812.6M598.6M707.3M
Net Invested Capital2.0B1.7B1.9B1.2B1.2B1.3B
Net Working Capital(195.8M)(622.7M)(765.3M)(1.1B)(1.3B)(1.3B)

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Other Information on Investing in Shenzhen Stock

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