Wangsu Total Liab vs Other Assets Analysis

300017 Stock   9.40  0.15  1.57%   
Wangsu Science financial indicator trend analysis is more than just analyzing Wangsu Science Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangsu Science Tech is a good investment. Please check the relationship between Wangsu Science Total Liab and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangsu Science Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Other Assets

Total Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wangsu Science Tech Total Liab account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wangsu Science's Total Liab and Other Assets is 0.61. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of Wangsu Science Tech, assuming nothing else is changed. The correlation between historical values of Wangsu Science's Total Liab and Other Assets 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 Liab of Wangsu Science Tech are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Liab i.e., Wangsu Science's Total Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Assets

Most indicators from Wangsu Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wangsu Science Tech 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 Wangsu Science Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 287.2 M. The current year's Tax Provision is expected to grow to about 47.2 M
 2021 2022 2023 2024 (projected)
Income Before Tax137.7M194.1M651.4M382.9M
Cost Of Revenue3.4B3.8B3.2B2.1B

Wangsu Science fundamental ratios Correlations

0.40.920.930.930.960.760.640.950.120.470.880.880.90.520.630.520.930.66-0.610.880.910.870.810.57-0.01
0.40.480.250.250.350.560.460.50.650.120.510.080.360.320.550.680.170.110.290.040.070.30.08-0.210.33
0.920.480.810.830.950.70.630.950.040.670.990.80.970.660.830.70.750.44-0.430.770.830.730.820.320.31
0.930.250.810.990.870.70.570.860.090.370.770.960.790.420.460.370.970.74-0.740.90.870.920.830.65-0.2
0.930.250.830.990.890.630.530.880.010.390.780.970.80.430.480.380.950.75-0.750.920.890.90.830.63-0.2
0.960.350.950.870.890.660.560.98-0.040.560.920.870.930.560.730.60.840.57-0.540.870.910.780.830.460.13
0.760.560.70.70.630.660.660.680.590.360.710.530.670.490.540.650.650.31-0.210.470.50.680.530.340.18
0.640.460.630.570.530.560.660.570.170.010.610.550.610.130.640.540.520.09-0.160.310.60.430.620.430.05
0.950.50.950.860.880.980.680.570.060.540.930.830.920.570.770.660.820.57-0.450.830.850.780.80.40.16
0.120.650.040.090.01-0.040.590.170.06-0.10.08-0.18-0.060.05-0.020.310.080.140.27-0.16-0.280.3-0.28-0.220.08
0.470.120.670.370.390.560.360.010.54-0.10.70.380.710.810.580.460.30.11-0.210.530.410.350.52-0.050.62
0.880.510.990.770.780.920.710.610.930.080.70.750.970.690.860.770.690.37-0.340.720.770.690.790.250.4
0.880.080.80.960.970.870.530.550.83-0.180.380.750.80.40.480.320.920.65-0.790.910.940.810.910.71-0.21
0.90.360.970.790.80.930.670.610.92-0.060.710.970.80.680.850.680.740.36-0.40.80.860.660.890.410.36
0.520.320.660.420.430.560.490.130.570.050.810.690.40.680.580.530.330.13-0.150.480.390.340.50.040.51
0.630.550.830.460.480.730.540.640.77-0.020.580.860.480.850.580.850.37-0.020.080.410.570.340.680.050.65
0.520.680.70.370.380.60.650.540.660.310.460.770.320.680.530.850.25-0.080.260.220.320.290.44-0.080.68
0.930.170.750.970.950.840.650.520.820.080.30.690.920.740.330.370.250.81-0.780.930.890.930.780.71-0.29
0.660.110.440.740.750.570.310.090.570.140.110.370.650.360.13-0.02-0.080.81-0.770.760.580.870.350.39-0.5
-0.610.29-0.43-0.74-0.75-0.54-0.21-0.16-0.450.27-0.21-0.34-0.79-0.4-0.150.080.26-0.78-0.77-0.81-0.72-0.7-0.57-0.670.59
0.880.040.770.90.920.870.470.310.83-0.160.530.720.910.80.480.410.220.930.76-0.810.910.830.820.64-0.16
0.910.070.830.870.890.910.50.60.85-0.280.410.770.940.860.390.570.320.890.58-0.720.910.730.910.71-0.11
0.870.30.730.920.90.780.680.430.780.30.350.690.810.660.340.340.290.930.87-0.70.830.730.610.43-0.2
0.810.080.820.830.830.830.530.620.8-0.280.520.790.910.890.50.680.440.780.35-0.570.820.910.610.680.08
0.57-0.210.320.650.630.460.340.430.4-0.22-0.050.250.710.410.040.05-0.080.710.39-0.670.640.710.430.68-0.53
-0.010.330.31-0.2-0.20.130.180.050.160.080.620.4-0.210.360.510.650.68-0.29-0.50.59-0.16-0.11-0.20.08-0.53
Click cells to compare fundamentals

Wangsu Science Account Relationship Matchups

Wangsu Science fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3B10.2B10.6B10.5B11.0B5.7B
Other Current Liab164.8M349.2M196.1M6.0M16.5M15.7M
Total Current Liabilities1.4B1.4B1.6B1.3B1.1B849.9M
Total Stockholder Equity8.6B8.7B8.8B9.0B9.6B10.1B
Retained Earnings4.1B4.2B4.4B3.9B4.3B4.5B
Accounts Payable879.5M708.0M705.5M748.3M568.0M386.5M
Cash1.6B1.2B1.0B2.5B1.8B1.3B
Other Assets272.5M354.9M383.5M401.8M462.1M251.9M
Net Receivables1.7B1.7B1.4B1.2B1.1B811.7M
Inventory10.3M6.1M12.2M30.5M13.5M12.8M
Other Current Assets213.4M136.3M340.5M462.9M285.0M250.3M
Total Liab1.7B1.5B1.7B1.4B1.2B990.7M
Common Stock2.4B2.4B2.5B2.4B2.8B3.0B
Property Plant Equipment3.3B1.8B1.6B1.5B1.7B907.4M
Intangible Assets468.8M323.0M164.2M80.5M45.0M42.7M
Other Liab413.9M309.7M66.1M45.5M52.3M49.7M
Net Tangible Assets7.3B8.2B8.4B8.7B10.0B7.6B
Short Term Investments2.4B2.6B3.6B2.2B2.5B2.3B
Other Stockholder Equity(60.4M)(33.5M)(132.4M)(210.3M)(189.2M)(179.8M)
Deferred Long Term Liab59.7M48.1M54.2M51.4M59.2M41.9M
Total Current Assets6.0B5.7B7.4B6.5B5.7B6.3B
Non Current Assets Total4.3B4.5B3.2B4.0B5.2B4.7B
Non Currrent Assets Other1.1B1.7B576.2M1.7B2.6B1.4B
Non Current Liabilities Total309.7M66.1M107.5M82.8M79.2M75.3M
Common Stock Shares Outstanding2.4B2.5B2.4B2.4B2.4B2.7B
Net Invested Capital8.8B8.8B9.3B9.2B9.7B10.1B
Short Long Term Debt135.7M145.3M503.9M144.8M80.1M76.1M
Net Working Capital4.6B4.3B5.8B5.1B4.6B4.8B
Capital Stock2.4B2.5B2.4B2.4B2.4B2.7B

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Other Information on Investing in Wangsu Stock

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