Shenzhen Deferred Long Term Liab vs Cash Analysis

002869 Stock   29.05  0.51  1.79%   
Shenzhen Genvict financial indicator trend analysis is much more than just breaking down Shenzhen Genvict Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Genvict Tec is a good investment. Please check the relationship between Shenzhen Genvict Deferred Long Term Liab and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Genvict Technologies. 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.

Deferred Long Term Liab vs Cash

Deferred Long Term Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Genvict Tec Deferred Long Term Liab account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Genvict's Deferred Long Term Liab and Cash is 0.41. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Shenzhen Genvict Technologies, assuming nothing else is changed. The correlation between historical values of Shenzhen Genvict's Deferred Long Term Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Shenzhen Genvict Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Deferred Long Term Liab i.e., Shenzhen Genvict's Deferred Long Term Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Cash

Cash refers to the most liquid asset of Shenzhen Genvict Tec, which is listed under current asset account on Shenzhen Genvict Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen Genvict customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen Genvict account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Shenzhen Genvict's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Genvict Tec 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 Genvict Technologies. 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 135.6 M, whereas Tax Provision is projected to grow to (6.9 M).
 2021 2022 2023 2024 (projected)
Interest Income21.9M20.7M28.3M17.6M
Net Interest Income20.0M17.8M25.2M17.3M

Shenzhen Genvict fundamental ratios Correlations

0.690.720.7-0.240.820.580.45-0.37-0.290.69-0.320.30.79-0.250.00.98-0.2-0.3-0.220.30.890.290.490.780.73
0.690.970.820.270.950.950.920.130.280.990.290.820.92-0.330.620.790.360.230.360.850.88-0.010.570.960.9
0.720.970.820.220.920.910.920.180.330.980.330.860.91-0.360.640.780.410.090.40.860.9-0.080.540.980.96
0.70.820.82-0.060.860.740.75-0.090.120.840.10.60.85-0.260.430.810.110.080.230.660.770.080.810.880.79
-0.240.270.22-0.060.090.520.40.490.50.270.560.410.220.420.59-0.180.580.830.470.430.03-0.12-0.160.140.1
0.820.950.920.860.090.870.77-0.150.020.940.020.640.91-0.270.380.890.080.130.10.670.930.020.660.930.85
0.580.950.910.740.520.870.890.170.310.950.330.790.91-0.090.660.690.410.460.380.810.810.060.480.890.81
0.450.920.920.750.40.770.890.480.620.930.620.960.82-0.40.870.560.680.270.690.980.68-0.080.50.890.86
-0.370.130.18-0.090.49-0.150.170.480.960.130.960.590.02-0.280.8-0.320.940.190.930.59-0.22-0.2-0.160.090.14
-0.290.280.330.120.50.020.310.620.960.291.00.710.14-0.320.9-0.220.960.260.990.73-0.09-0.270.070.250.29
0.690.990.980.840.270.940.950.930.130.290.290.840.93-0.330.640.780.370.220.370.850.880.010.560.970.91
-0.320.290.330.10.560.020.330.620.961.00.290.720.13-0.290.91-0.240.970.320.980.74-0.08-0.290.060.240.29
0.30.820.860.60.410.640.790.960.590.710.840.720.66-0.50.920.390.790.20.770.990.59-0.190.390.80.84
0.790.920.910.850.220.910.910.820.020.140.930.130.66-0.150.480.880.210.190.220.690.860.220.490.930.81
-0.25-0.33-0.36-0.260.42-0.27-0.09-0.4-0.28-0.32-0.33-0.29-0.5-0.15-0.34-0.25-0.350.54-0.36-0.45-0.27-0.05-0.35-0.36-0.5
0.00.620.640.430.590.380.660.870.80.90.640.910.920.48-0.340.110.930.390.930.930.28-0.180.290.580.6
0.980.790.780.81-0.180.890.690.56-0.32-0.220.78-0.240.390.88-0.250.11-0.14-0.17-0.130.410.910.320.580.850.76
-0.20.360.410.110.580.080.410.680.940.960.370.970.790.21-0.350.93-0.140.250.960.770.04-0.180.030.340.41
-0.30.230.090.080.830.130.460.270.190.260.220.320.20.190.540.39-0.170.250.260.28-0.06-0.090.050.04-0.09
-0.220.360.40.230.470.10.380.690.930.990.370.980.770.22-0.360.93-0.130.960.260.790.0-0.230.170.340.38
0.30.850.860.660.430.670.810.980.590.730.850.740.990.69-0.450.930.410.770.280.790.57-0.180.470.810.81
0.890.880.90.770.030.930.810.68-0.22-0.090.88-0.080.590.86-0.270.280.910.04-0.060.00.570.050.550.920.91
0.29-0.01-0.080.08-0.120.020.06-0.08-0.2-0.270.01-0.29-0.190.22-0.05-0.180.32-0.18-0.09-0.23-0.180.050.090.05-0.04
0.490.570.540.81-0.160.660.480.5-0.160.070.560.060.390.49-0.350.290.580.030.050.170.470.550.090.610.6
0.780.960.980.880.140.930.890.890.090.250.970.240.80.93-0.360.580.850.340.040.340.810.920.050.610.97
0.730.90.960.790.10.850.810.860.140.290.910.290.840.81-0.50.60.760.41-0.090.380.810.91-0.040.60.97
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Shenzhen Genvict Account Relationship Matchups

Shenzhen Genvict fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab11.9M64.7M85.7M65.4M75.3M42.5M
Net Tangible Assets1.9B2.3B2.2B2.0B2.3B1.5B
Retained Earnings1.1B1.5B1.2B1.3B1.2B890.0M
Other Assets86.0M86.0M140.3M176.0M202.4M212.5M
Deferred Long Term Liab19.7M14.8M10.8M5.1M5.9M5.6M
Common Stock120.5M180.6M180.1M179.6M206.5M147.5M
Property Plant Equipment296.9M353.7M354.1M255.6M294.0M244.4M
Total Assets3.9B2.9B2.7B2.6B2.7B2.5B
Other Current Liab782.9M98.9M91.7M81.5M23.5M22.3M
Total Current Liabilities2.0B463.3M283.5M453.2M489.2M483.2M
Total Stockholder Equity1.9B2.4B2.3B2.1B2.1B1.8B
Accounts Payable1.0B275.7M131.4M208.7M239.7M248.3M
Cash1.9B1.5B875.3M969.6M963.6M1.0B
Non Current Assets Total480.7M590.7M960.4M725.1M629.0M552.1M
Non Currrent Assets Other45.4M82.9M121.4M155.4M57.6M94.3M
Net Receivables863.9M448.0M335.3M328.3M358.1M428.5M
Non Current Liabilities Total11.9M64.7M102.9M74.2M88.9M54.1M
Inventory623.0M258.1M149.3M100.8M122.6M159.6M
Other Current Assets89.0M28.0M36.6M11.3M36.2M44.6M
Total Liab2.0B528.1M386.4M527.4M578.1M718.3M
Total Current Assets3.5B2.3B1.7B1.9B2.1B2.0B
Non Current Liabilities Other3.6M54.0M38.8M34.8M40.9M23.8M
Intangible Assets34.2M33.7M47.7M30.2M36.5M40.0M
Common Stock Shares Outstanding180.8M180.6M180.1M179.6M206.5M197.1M
Net Invested Capital1.9B2.4B2.3B2.2B2.3B2.0B
Net Working Capital1.4B1.8B1.4B1.4B1.6B1.5B
Capital Stock120.5M180.6M180.1M179.6M206.5M175.7M

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Other Information on Investing in Shenzhen Stock

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