ShenZhen Long Term Debt vs Intangible Assets Analysis

300131 Stock   7.91  0.75  8.66%   
ShenZhen Yitoa financial indicator trend analysis is much more than just breaking down ShenZhen Yitoa Intel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ShenZhen Yitoa Intel is a good investment. Please check the relationship between ShenZhen Yitoa Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ShenZhen Yitoa Intelligent. 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 Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ShenZhen Yitoa Intel Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ShenZhen Yitoa's Long Term Debt and Intangible Assets is -0.08. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of ShenZhen Yitoa Intelligent, assuming nothing else is changed. The correlation between historical values of ShenZhen Yitoa's Long Term Debt and Intangible 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 Long Term Debt of ShenZhen Yitoa Intelligent are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., ShenZhen Yitoa's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that ShenZhen Yitoa Intel has held for over one year. Long-term debt appears on ShenZhen Yitoa Intelligent 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 Yitoa Intelligent 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from ShenZhen Yitoa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ShenZhen Yitoa Intel 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 Yitoa Intelligent. 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 151.5 M, whereas Tax Provision is projected to grow to (3.8 M).
 2021 2022 2023 2024 (projected)
Operating Income234.5M215.0M143.3M179.0M
Total Revenue6.3B5.2B5.0B4.4B

ShenZhen Yitoa fundamental ratios Correlations

0.850.990.880.390.950.920.40.960.920.780.980.82-0.20.350.530.010.690.820.090.230.0-0.060.750.930.31
0.850.890.620.070.760.760.20.920.720.760.880.52-0.28-0.030.58-0.210.740.69-0.24-0.07-0.20.080.580.840.38
0.990.890.80.350.940.920.360.980.890.80.990.78-0.240.320.55-0.10.690.780.070.17-0.04-0.010.740.960.36
0.880.620.80.570.90.760.330.770.920.530.760.86-0.160.370.190.290.50.80.160.450.05-0.170.650.690.06
0.390.070.350.570.490.460.130.210.65-0.020.310.820.10.72-0.290.450.230.110.570.840.05-0.640.640.38-0.55
0.950.760.940.90.490.870.350.910.930.690.90.86-0.250.360.370.00.560.810.150.31-0.05-0.050.670.860.24
0.920.760.920.760.460.870.420.850.870.680.920.8-0.160.430.51-0.050.580.60.180.340.03-0.190.840.90.3
0.40.20.360.330.130.350.420.310.340.430.410.280.140.220.390.030.050.230.020.02-0.03-0.030.350.330.24
0.960.920.980.770.210.910.850.310.810.810.970.71-0.320.240.59-0.170.740.850.00.02-0.020.070.620.940.44
0.920.720.890.920.650.930.870.340.810.650.870.9-0.090.380.340.230.580.660.140.48-0.1-0.250.840.82-0.03
0.780.760.80.53-0.020.690.680.430.810.650.830.42-0.22-0.060.75-0.210.480.65-0.3-0.22-0.120.390.480.780.37
0.980.880.990.760.310.90.920.410.970.870.830.76-0.190.320.64-0.10.720.740.060.13-0.04-0.030.760.960.37
0.820.520.780.860.820.860.80.280.710.90.420.76-0.10.70.170.260.580.60.440.60.08-0.460.780.79-0.13
-0.2-0.28-0.24-0.160.1-0.25-0.160.14-0.32-0.09-0.22-0.19-0.10.09-0.10.3-0.17-0.450.150.21-0.1-0.280.09-0.29-0.26
0.35-0.030.320.370.720.360.430.220.240.38-0.060.320.70.09-0.080.280.320.150.880.610.34-0.60.530.41-0.11
0.530.580.550.19-0.290.370.510.390.590.340.750.640.17-0.1-0.08-0.180.530.39-0.27-0.38-0.10.120.40.580.43
0.01-0.21-0.10.290.450.0-0.050.03-0.170.23-0.21-0.10.260.30.28-0.18-0.03-0.020.270.48-0.18-0.470.32-0.18-0.54
0.690.740.690.50.230.560.580.050.740.580.480.720.58-0.170.320.53-0.030.510.160.120.08-0.360.590.740.11
0.820.690.780.80.110.810.60.230.850.660.650.740.6-0.450.150.39-0.020.51-0.08-0.10.070.220.290.710.41
0.09-0.240.070.160.570.150.180.020.00.14-0.30.060.440.150.88-0.270.270.16-0.080.680.41-0.550.350.12-0.05
0.23-0.070.170.450.840.310.340.020.020.48-0.220.130.60.210.61-0.380.480.12-0.10.680.23-0.670.610.13-0.41
0.0-0.2-0.040.050.05-0.050.03-0.03-0.02-0.1-0.12-0.040.08-0.10.34-0.1-0.180.080.070.410.23-0.09-0.080.080.2
-0.060.08-0.01-0.17-0.64-0.05-0.19-0.030.07-0.250.39-0.03-0.46-0.28-0.60.12-0.47-0.360.22-0.55-0.67-0.09-0.5-0.080.5
0.750.580.740.650.640.670.840.350.620.840.480.760.780.090.530.40.320.590.290.350.61-0.08-0.50.72-0.06
0.930.840.960.690.380.860.90.330.940.820.780.960.79-0.290.410.58-0.180.740.710.120.130.08-0.080.720.29
0.310.380.360.06-0.550.240.30.240.44-0.030.370.37-0.13-0.26-0.110.43-0.540.110.41-0.05-0.410.20.5-0.060.29
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ShenZhen Yitoa Account Relationship Matchups

ShenZhen Yitoa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B3.5B3.5B3.5B3.7B2.7B
Other Current Liab567.4M130.8M502.1M325.9M63.8M60.7M
Total Current Liabilities3.1B1.5B1.9B1.6B1.7B1.3B
Total Stockholder Equity1.7B1.4B1.5B1.9B1.7B1.2B
Retained Earnings116.8M368.5M397.3M454.6M468.1M491.5M
Accounts Payable715.8M466.7M559.0M457.8M582.8M378.3M
Cash961.2M456.1M550.5M610.4M615.1M418.7M
Other Assets199.9M114.3M86.6M81.3M93.5M75.1M
Net Receivables2.1B867.7M1.1B825.5M969.6M870.4M
Inventory809.7M856.1M826.2M887.4M750.6M501.3M
Other Current Assets356.5M319.8M82.3M78.8M27.6M26.2M
Total Liab3.8B2.0B2.0B1.7B2.0B1.5B
Property Plant Equipment89.0M170.7M183.6M168.2M193.4M115.1M
Intangible Assets160.9M112.2M103.4M86.2M369.4M387.9M
Long Term Debt644.3M467.8M87.4M25.9M59.4M56.4M
Other Liab3.3M21.8M17.8M15.7M18.0M10.8M
Good Will925.1M311.1M308.9M308.8M278.0M473.3M
Net Tangible Assets644.4M1.0B1.1B1.5B1.7B1.0B
Other Stockholder Equity21.1M2.6M(32.6M)38.8M34.9M36.7M
Deferred Long Term Liab22.5M16.5M9.4M6.9M6.2M5.9M
Total Current Assets4.2B2.7B2.6B2.7B2.6B3.3B
Non Current Assets Total1.4B732.4M872.8M825.7M1.1B842.7M
Non Currrent Assets Other13.1M165.7M30.8M10.8M29.3M30.5M
Non Current Liabilities Total647.6M502.4M139.5M64.3M228.9M233.3M
Short Long Term Debt1.6B843.0M653.4M697.3M751.3M824.7M
Net Debt1.3B854.7M190.3M112.7M195.6M185.8M
Net Invested Capital4.0B2.8B2.2B2.6B2.5B2.4B
Net Working Capital1.1B1.2B724.1M1.1B818.7M835.9M

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Other Information on Investing in ShenZhen Stock

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