Suzhou Net Tangible Assets vs Retained Earnings Analysis

300382 Stock

11.92 0.31 2.53%

Suzhou SLAC financial indicator trend analysis is much more than just breaking down Suzhou SLAC Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou SLAC Precision is a good investment. Please check the relationship between Suzhou SLAC Net Tangible Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou SLAC Precision. 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.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou SLAC Precision Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Suzhou SLAC's Net Tangible Assets and Retained Earnings is 0.61. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Suzhou SLAC Precision, assuming nothing else is changed. The correlation between historical values of Suzhou SLAC's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Suzhou SLAC Precision are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Suzhou SLAC's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Suzhou SLAC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou SLAC Precision 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 Suzhou SLAC Precision. 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 Tax Provision is expected to grow to about 30 M, whereas Selling General Administrative is forecasted to decline to about 48.4 M.

	2021	2022	2023	2024 (projected)
Operating Income	205.8M	343.1M	185.0M	159.0M
Total Revenue	1.0B	1.7B	1.7B	1.7B

Operating Income Total Revenue

Suzhou SLAC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt
Total Assets		-0.01	0.78	0.98	0.92	0.75	0.97	0.78	0.97	0.98	0.8	0.28	0.98	0.97	0.91	0.98	0.52	0.96	0.73	0.78	0.85	0.86	0.93	0.95	0.84	0.93
Other Current Liab	-0.01		0.38	-0.04	0.11	0.29	0.07	0.26	0.01	-0.05	0.32	0.8	0.03	0.07	0.06	-0.11	-0.07	-0.17	0.14	0.07	-0.06	0.11	0.16	-0.11	0.33	-0.17
Total Current Liabilities	0.78	0.38		0.72	0.82	0.72	0.86	0.85	0.82	0.78	0.97	0.58	0.81	0.79	0.88	0.67	0.31	0.62	0.85	0.57	0.74	0.9	0.91	0.64	0.89	0.61
Total Stockholder Equity	0.98	-0.04	0.72		0.85	0.82	0.94	0.77	0.94	0.97	0.76	0.3	0.91	0.94	0.87	0.96	0.52	0.95	0.72	0.73	0.86	0.79	0.9	0.91	0.81	0.88
Other Liab	0.92	0.11	0.82	0.85		0.62	0.91	0.83	0.91	0.87	0.8	0.31	0.96	0.96	0.88	0.87	0.43	0.83	0.66	0.85	0.74	0.87	0.9	0.87	0.79	0.89
Retained Earnings	0.75	0.29	0.72	0.82	0.62		0.75	0.81	0.72	0.76	0.8	0.59	0.63	0.73	0.71	0.66	0.3	0.61	0.71	0.52	0.7	0.64	0.8	0.55	0.74	0.51
Accounts Payable	0.97	0.07	0.86	0.94	0.91	0.75		0.77	0.99	0.97	0.87	0.39	0.96	0.95	0.97	0.92	0.38	0.89	0.83	0.73	0.8	0.93	0.93	0.89	0.89	0.86
Cash	0.78	0.26	0.85	0.77	0.83	0.81	0.77		0.74	0.76	0.85	0.46	0.75	0.8	0.78	0.67	0.4	0.63	0.72	0.67	0.78	0.75	0.9	0.61	0.71	0.62
Other Assets	0.97	0.01	0.82	0.94	0.91	0.72	0.99	0.74		0.97	0.85	0.34	0.96	0.96	0.96	0.93	0.42	0.91	0.81	0.77	0.81	0.93	0.92	0.9	0.9	0.89
Net Receivables	0.98	-0.05	0.78	0.97	0.87	0.76	0.97	0.76	0.97		0.81	0.3	0.94	0.93	0.94	0.94	0.43	0.94	0.81	0.72	0.85	0.87	0.92	0.9	0.83	0.88
Inventory	0.8	0.32	0.97	0.76	0.8	0.8	0.87	0.85	0.85	0.81		0.57	0.8	0.81	0.9	0.68	0.24	0.63	0.87	0.63	0.75	0.9	0.9	0.63	0.89	0.61
Other Current Assets	0.28	0.8	0.58	0.3	0.31	0.59	0.39	0.46	0.34	0.3	0.57		0.25	0.33	0.4	0.16	-0.14	0.11	0.53	0.2	0.21	0.38	0.45	0.09	0.57	0.01
Total Liab	0.98	0.03	0.81	0.91	0.96	0.63	0.96	0.75	0.96	0.94	0.8	0.25		0.96	0.91	0.95	0.5	0.93	0.7	0.8	0.8	0.89	0.9	0.95	0.83	0.95
Intangible Assets	0.97	0.07	0.79	0.94	0.96	0.73	0.95	0.8	0.96	0.93	0.81	0.33	0.96		0.89	0.94	0.51	0.9	0.69	0.87	0.81	0.87	0.93	0.92	0.86	0.92
Common Stock	0.91	0.06	0.88	0.87	0.88	0.71	0.97	0.78	0.96	0.94	0.9	0.4	0.91	0.89		0.82	0.25	0.79	0.92	0.7	0.74	0.98	0.9	0.78	0.88	0.77
Property Plant Equipment	0.98	-0.11	0.67	0.96	0.87	0.66	0.92	0.67	0.93	0.94	0.68	0.16	0.95	0.94	0.82		0.61	0.99	0.59	0.74	0.85	0.76	0.86	0.99	0.77	0.96
Short Term Investments	0.52	-0.07	0.31	0.52	0.43	0.3	0.38	0.4	0.42	0.43	0.24	-0.14	0.5	0.51	0.25	0.61		0.62	0.06	0.38	0.71	0.27	0.52	0.66	0.43	0.61
Net Tangible Assets	0.96	-0.17	0.62	0.95	0.83	0.61	0.89	0.63	0.91	0.94	0.63	0.11	0.93	0.9	0.79	0.99	0.62		0.58	0.72	0.85	0.73	0.84	0.98	0.73	0.96
Good Will	0.73	0.14	0.85	0.72	0.66	0.71	0.83	0.72	0.81	0.81	0.87	0.53	0.7	0.69	0.92	0.59	0.06	0.58		0.45	0.63	0.89	0.8	0.53	0.81	0.5
Other Stockholder Equity	0.78	0.07	0.57	0.73	0.85	0.52	0.73	0.67	0.77	0.72	0.63	0.2	0.8	0.87	0.7	0.74	0.38	0.72	0.45		0.63	0.69	0.75	0.75	0.66	0.83
Deferred Long Term Liab	0.85	-0.06	0.74	0.86	0.74	0.7	0.8	0.78	0.81	0.85	0.75	0.21	0.8	0.81	0.74	0.85	0.71	0.85	0.63	0.63		0.69	0.92	0.82	0.76	0.79
Long Term Investments	0.86	0.11	0.9	0.79	0.87	0.64	0.93	0.75	0.93	0.87	0.9	0.38	0.89	0.87	0.98	0.76	0.27	0.73	0.89	0.69	0.69		0.87	0.74	0.89	0.74
Total Current Assets	0.93	0.16	0.91	0.9	0.9	0.8	0.93	0.9	0.92	0.92	0.9	0.45	0.9	0.93	0.9	0.86	0.52	0.84	0.8	0.75	0.92	0.87		0.83	0.9	0.81
Non Current Assets Total	0.95	-0.11	0.64	0.91	0.87	0.55	0.89	0.61	0.9	0.9	0.63	0.09	0.95	0.92	0.78	0.99	0.66	0.98	0.53	0.75	0.82	0.74	0.83		0.75	0.98
Non Currrent Assets Other	0.84	0.33	0.89	0.81	0.79	0.74	0.89	0.71	0.9	0.83	0.89	0.57	0.83	0.86	0.88	0.77	0.43	0.73	0.81	0.66	0.76	0.89	0.9	0.75		0.69
Long Term Debt	0.93	-0.17	0.61	0.88	0.89	0.51	0.86	0.62	0.89	0.88	0.61	0.01	0.95	0.92	0.77	0.96	0.61	0.96	0.5	0.83	0.79	0.74	0.81	0.98	0.69

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Suzhou SLAC Account Relationship Matchups

Suzhou SLAC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.2B	2.7B	4.1B	4.4B	4.6B
Other Current Liab	157.3M	147.2M	348.3M	258.1M	23.4M	22.2M
Total Current Liabilities	866.2M	648.0M	918.3M	886.7M	934.7M	495.7M
Total Stockholder Equity	969.4M	1.1B	1.3B	2.4B	2.3B	2.4B
Other Liab	57.4M	89.5M	92.3M	95.0M	109.2M	114.7M
Retained Earnings	370.6M	389.1M	482.6M	679.5M	462.1M	371.4M
Accounts Payable	158.6M	133.1M	210.2M	234.3M	262.3M	275.4M
Cash	344.5M	419.6M	291.3M	488.0M	374.2M	235.0M
Other Assets	58.1M	68.4M	94.4M	114.4M	131.6M	138.1M
Net Receivables	378.0M	379.1M	403.1M	682.8M	738.4M	775.4M
Inventory	625.9M	618.2M	755.3M	690.5M	793.7M	442.3M
Other Current Assets	111.3M	84.7M	215.8M	160.9M	45.8M	43.5M
Total Liab	939.3M	1.1B	1.3B	1.6B	2.1B	2.2B
Intangible Assets	55.9M	118.1M	134.5M	177.5M	173.2M	181.8M
Property Plant Equipment	315.7M	316.4M	596.5M	1.2B	1.3B	1.4B
Net Tangible Assets	891.5M	948.0M	1.2B	2.2B	2.5B	2.7B
Other Stockholder Equity	(15.4M)	72.0M	48.0M	50.0M	57.5M	60.4M
Deferred Long Term Liab	7.1M	7.6M	6.7M	13.8M	15.9M	8.4M
Total Current Assets	1.5B	1.7B	1.8B	2.6B	2.5B	1.7B
Non Current Assets Total	477.9M	546.6M	916.0M	1.5B	1.9B	1.9B
Non Currrent Assets Other	24.9M	22.9M	58.1M	66.9M	50.8M	38.1M
Long Term Debt	15.7M	353.4M	319.6M	633.0M	993.6M	1.0B
Non Current Liabilities Total	73.1M	410.7M	421.7M	745.1M	1.1B	1.2B
Short Long Term Debt	507.0M	312.7M	256.8M	344.7M	314.0M	278.2M
Non Current Liabilities Other	55.1M	55.9M	91.6M	94.9M	99.6M	59.6M
Net Invested Capital	1.5B	1.7B	1.9B	3.4B	3.6B	2.3B
Net Working Capital	593.4M	1.0B	847.9M	1.7B	1.6B	1.1B
Net Debt	178.3M	246.5M	285.1M	489.7M	933.4M	980.0M

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Suzhou Stock

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

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Suzhou Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Suzhou SLAC fundamental ratios Correlations

Suzhou SLAC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suzhou SLAC fundamental ratios Accounts

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Other Information on Investing in Suzhou Stock

COMMON DESTINATIONS

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Other Assets	+ 0.99	Accounts Payable
Net Tangible Assets	+ 0.99	Property Plant Equipment
Non Current Assets Total	+ 0.99	Property Plant Equipment
Total Stockholder Equity	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Long Term Debt	- 0.17	Other Current Liab
Net Tangible Assets	- 0.17	Other Current Liab
Short Term Investments	- 0.14	Other Current Assets
Non Current Assets Total	- 0.11	Other Current Liab
Property Plant Equipment	- 0.11	Other Current Liab
Short Term Investments	- 0.07	Other Current Liab