Suzhou Total Stockholder Equity vs Intangible Assets 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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou SLAC Precision Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou SLAC's Total Stockholder Equity and Intangible Assets is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity 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 Total Stockholder Equity of Suzhou SLAC Precision 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 Total Stockholder Equity i.e., Suzhou SLAC's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Income205.8M343.1M185.0M159.0M
Total Revenue1.0B1.7B1.7B1.7B

Suzhou SLAC fundamental ratios Correlations

-0.010.780.980.920.750.970.780.970.980.80.280.980.970.910.980.520.960.730.780.850.860.930.950.840.93
-0.010.38-0.040.110.290.070.260.01-0.050.320.80.030.070.06-0.11-0.07-0.170.140.07-0.060.110.16-0.110.33-0.17
0.780.380.720.820.720.860.850.820.780.970.580.810.790.880.670.310.620.850.570.740.90.910.640.890.61
0.98-0.040.720.850.820.940.770.940.970.760.30.910.940.870.960.520.950.720.730.860.790.90.910.810.88
0.920.110.820.850.620.910.830.910.870.80.310.960.960.880.870.430.830.660.850.740.870.90.870.790.89
0.750.290.720.820.620.750.810.720.760.80.590.630.730.710.660.30.610.710.520.70.640.80.550.740.51
0.970.070.860.940.910.750.770.990.970.870.390.960.950.970.920.380.890.830.730.80.930.930.890.890.86
0.780.260.850.770.830.810.770.740.760.850.460.750.80.780.670.40.630.720.670.780.750.90.610.710.62
0.970.010.820.940.910.720.990.740.970.850.340.960.960.960.930.420.910.810.770.810.930.920.90.90.89
0.98-0.050.780.970.870.760.970.760.970.810.30.940.930.940.940.430.940.810.720.850.870.920.90.830.88
0.80.320.970.760.80.80.870.850.850.810.570.80.810.90.680.240.630.870.630.750.90.90.630.890.61
0.280.80.580.30.310.590.390.460.340.30.570.250.330.40.16-0.140.110.530.20.210.380.450.090.570.01
0.980.030.810.910.960.630.960.750.960.940.80.250.960.910.950.50.930.70.80.80.890.90.950.830.95
0.970.070.790.940.960.730.950.80.960.930.810.330.960.890.940.510.90.690.870.810.870.930.920.860.92
0.910.060.880.870.880.710.970.780.960.940.90.40.910.890.820.250.790.920.70.740.980.90.780.880.77
0.98-0.110.670.960.870.660.920.670.930.940.680.160.950.940.820.610.990.590.740.850.760.860.990.770.96
0.52-0.070.310.520.430.30.380.40.420.430.24-0.140.50.510.250.610.620.060.380.710.270.520.660.430.61
0.96-0.170.620.950.830.610.890.630.910.940.630.110.930.90.790.990.620.580.720.850.730.840.980.730.96
0.730.140.850.720.660.710.830.720.810.810.870.530.70.690.920.590.060.580.450.630.890.80.530.810.5
0.780.070.570.730.850.520.730.670.770.720.630.20.80.870.70.740.380.720.450.630.690.750.750.660.83
0.85-0.060.740.860.740.70.80.780.810.850.750.210.80.810.740.850.710.850.630.630.690.920.820.760.79
0.860.110.90.790.870.640.930.750.930.870.90.380.890.870.980.760.270.730.890.690.690.870.740.890.74
0.930.160.910.90.90.80.930.90.920.920.90.450.90.930.90.860.520.840.80.750.920.870.830.90.81
0.95-0.110.640.910.870.550.890.610.90.90.630.090.950.920.780.990.660.980.530.750.820.740.830.750.98
0.840.330.890.810.790.740.890.710.90.830.890.570.830.860.880.770.430.730.810.660.760.890.90.750.69
0.93-0.170.610.880.890.510.860.620.890.880.610.010.950.920.770.960.610.960.50.830.790.740.810.980.69
Click cells to compare fundamentals

Suzhou SLAC Account Relationship Matchups

Suzhou SLAC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B2.7B4.1B4.4B4.6B
Other Current Liab157.3M147.2M348.3M258.1M23.4M22.2M
Total Current Liabilities866.2M648.0M918.3M886.7M934.7M495.7M
Total Stockholder Equity969.4M1.1B1.3B2.4B2.3B2.4B
Other Liab57.4M89.5M92.3M95.0M109.2M114.7M
Retained Earnings370.6M389.1M482.6M679.5M462.1M371.4M
Accounts Payable158.6M133.1M210.2M234.3M262.3M275.4M
Cash344.5M419.6M291.3M488.0M374.2M235.0M
Other Assets58.1M68.4M94.4M114.4M131.6M138.1M
Net Receivables378.0M379.1M403.1M682.8M738.4M775.4M
Inventory625.9M618.2M755.3M690.5M793.7M442.3M
Other Current Assets111.3M84.7M215.8M160.9M45.8M43.5M
Total Liab939.3M1.1B1.3B1.6B2.1B2.2B
Intangible Assets55.9M118.1M134.5M177.5M173.2M181.8M
Property Plant Equipment315.7M316.4M596.5M1.2B1.3B1.4B
Net Tangible Assets891.5M948.0M1.2B2.2B2.5B2.7B
Other Stockholder Equity(15.4M)72.0M48.0M50.0M57.5M60.4M
Deferred Long Term Liab7.1M7.6M6.7M13.8M15.9M8.4M
Total Current Assets1.5B1.7B1.8B2.6B2.5B1.7B
Non Current Assets Total477.9M546.6M916.0M1.5B1.9B1.9B
Non Currrent Assets Other24.9M22.9M58.1M66.9M50.8M38.1M
Long Term Debt15.7M353.4M319.6M633.0M993.6M1.0B
Non Current Liabilities Total73.1M410.7M421.7M745.1M1.1B1.2B
Short Long Term Debt507.0M312.7M256.8M344.7M314.0M278.2M
Non Current Liabilities Other55.1M55.9M91.6M94.9M99.6M59.6M
Net Invested Capital1.5B1.7B1.9B3.4B3.6B2.3B
Net Working Capital593.4M1.0B847.9M1.7B1.6B1.1B
Net Debt178.3M246.5M285.1M489.7M933.4M980.0M

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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.