Beijing Net Debt vs Total Current Assets Analysis

300383 Stock

11.04 0.42 3.66%

Beijing Sinnet financial indicator trend analysis is way more than just evaluating Beijing Sinnet Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Sinnet Technology is a good investment. Please check the relationship between Beijing Sinnet Net Debt and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Sinnet Technology. 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 Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Sinnet Technology Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Beijing Sinnet's Net Debt and Total Current Assets is 0.86. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Beijing Sinnet Technology, assuming nothing else is changed. The correlation between historical values of Beijing Sinnet's Net Debt and Total Current 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 Net Debt of Beijing Sinnet Technology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Beijing Sinnet's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Beijing Sinnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Sinnet Technology 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 Beijing Sinnet Technology. 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.

As of November 23, 2024, Selling General Administrative is expected to decline to about 43.3 M. In addition to that, Tax Provision is expected to decline to about 72.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.6B	1.1B	1.1B	772.3M
Total Revenue	7.7B	7.2B	7.8B	8.2B

Gross Profit Total Revenue

Beijing Sinnet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Other Assets	Good Will	Non Current Liabilities Total	Property Plant Equipment
Total Assets		0.58	0.98	1.0	0.99	0.86	0.94	0.99	0.93	1.0	0.69	0.88	0.89	0.89	0.97	0.36	0.99	1.0	0.99	0.97	0.97	0.75	0.78	0.7	0.89	0.98
Other Current Liab	0.58		0.56	0.57	0.65	0.39	0.4	0.67	0.52	0.61	-0.06	0.33	0.35	0.57	0.63	0.5	0.64	0.58	0.5	0.53	0.62	0.55	0.56	0.37	0.47	0.67
Total Current Liabilities	0.98	0.56		0.98	0.97	0.77	0.98	0.97	0.94	0.98	0.65	0.88	0.87	0.86	0.97	0.26	0.95	0.96	0.97	0.96	0.96	0.79	0.77	0.65	0.79	0.97
Total Stockholder Equity	1.0	0.57	0.98		0.98	0.86	0.95	0.98	0.92	1.0	0.68	0.88	0.9	0.88	0.97	0.35	0.99	0.99	0.99	0.96	0.97	0.75	0.76	0.71	0.87	0.97
Property Plant And Equipment Net	0.99	0.65	0.97	0.98		0.8	0.93	0.99	0.95	0.99	0.62	0.88	0.84	0.88	0.98	0.31	0.97	0.98	0.97	0.97	0.97	0.82	0.84	0.6	0.85	1.0
Net Debt	0.86	0.39	0.77	0.86	0.8		0.74	0.81	0.67	0.86	0.67	0.69	0.89	0.84	0.78	0.51	0.88	0.88	0.86	0.78	0.81	0.51	0.5	0.79	0.96	0.77
Retained Earnings	0.94	0.4	0.98	0.95	0.93	0.74		0.92	0.94	0.93	0.74	0.91	0.89	0.81	0.95	0.09	0.9	0.93	0.96	0.95	0.91	0.77	0.74	0.58	0.76	0.93
Accounts Payable	0.99	0.67	0.97	0.98	0.99	0.81	0.92		0.92	0.99	0.6	0.85	0.87	0.88	0.98	0.32	0.97	0.99	0.96	0.94	0.98	0.76	0.77	0.67	0.87	0.99
Cash	0.93	0.52	0.94	0.92	0.95	0.67	0.94	0.92		0.91	0.72	0.96	0.76	0.78	0.94	0.12	0.89	0.91	0.94	0.98	0.87	0.85	0.91	0.4	0.74	0.95
Non Current Assets Total	1.0	0.61	0.98	1.0	0.99	0.86	0.93	0.99	0.91		0.64	0.85	0.89	0.9	0.97	0.38	0.99	1.0	0.98	0.96	0.98	0.75	0.76	0.72	0.89	0.98
Non Currrent Assets Other	0.69	-0.06	0.65	0.68	0.62	0.67	0.74	0.6	0.72	0.64		0.88	0.69	0.53	0.62	-0.04	0.64	0.68	0.77	0.73	0.56	0.37	0.59	0.37	0.68	0.59
Cash And Short Term Investments	0.88	0.33	0.88	0.88	0.88	0.69	0.91	0.85	0.96	0.85	0.88		0.76	0.71	0.86	0.07	0.85	0.87	0.93	0.94	0.79	0.7	0.87	0.39	0.75	0.87
Net Receivables	0.89	0.35	0.87	0.9	0.84	0.89	0.89	0.87	0.76	0.89	0.69	0.76		0.89	0.88	0.21	0.86	0.9	0.89	0.82	0.89	0.58	0.49	0.76	0.89	0.82
Common Stock Shares Outstanding	0.89	0.57	0.86	0.88	0.88	0.84	0.81	0.88	0.78	0.9	0.53	0.71	0.89		0.87	0.42	0.88	0.89	0.86	0.84	0.89	0.67	0.64	0.67	0.88	0.87
Inventory	0.97	0.63	0.97	0.97	0.98	0.78	0.95	0.98	0.94	0.97	0.62	0.86	0.88	0.87		0.19	0.94	0.97	0.95	0.95	0.96	0.83	0.77	0.58	0.84	0.98
Other Current Assets	0.36	0.5	0.26	0.35	0.31	0.51	0.09	0.32	0.12	0.38	-0.04	0.07	0.21	0.42	0.19		0.47	0.35	0.31	0.26	0.33	0.09	0.21	0.6	0.43	0.31
Other Stockholder Equity	0.99	0.64	0.95	0.99	0.97	0.88	0.9	0.97	0.89	0.99	0.64	0.85	0.86	0.88	0.94	0.47		0.98	0.98	0.95	0.95	0.71	0.77	0.73	0.89	0.96
Total Liab	1.0	0.58	0.96	0.99	0.98	0.88	0.93	0.99	0.91	1.0	0.68	0.87	0.9	0.89	0.97	0.35	0.98		0.98	0.96	0.97	0.75	0.76	0.7	0.92	0.97
Total Current Assets	0.99	0.5	0.97	0.99	0.97	0.86	0.96	0.96	0.94	0.98	0.77	0.93	0.89	0.86	0.95	0.31	0.98	0.98		0.98	0.94	0.73	0.8	0.66	0.88	0.96
Intangible Assets	0.97	0.53	0.96	0.96	0.97	0.78	0.95	0.94	0.98	0.96	0.73	0.94	0.82	0.84	0.95	0.26	0.95	0.96	0.98		0.92	0.82	0.88	0.53	0.82	0.97
Common Stock	0.97	0.62	0.96	0.97	0.97	0.81	0.91	0.98	0.87	0.98	0.56	0.79	0.89	0.89	0.96	0.33	0.95	0.97	0.94	0.92		0.72	0.7	0.73	0.86	0.96
Other Liab	0.75	0.55	0.79	0.75	0.82	0.51	0.77	0.76	0.85	0.75	0.37	0.7	0.58	0.67	0.83	0.09	0.71	0.75	0.73	0.82	0.72		0.79	0.19	0.56	0.84
Other Assets	0.78	0.56	0.77	0.76	0.84	0.5	0.74	0.77	0.91	0.76	0.59	0.87	0.49	0.64	0.77	0.21	0.77	0.76	0.8	0.88	0.7	0.79		0.16	0.6	0.85
Good Will	0.7	0.37	0.65	0.71	0.6	0.79	0.58	0.67	0.4	0.72	0.37	0.39	0.76	0.67	0.58	0.6	0.73	0.7	0.66	0.53	0.73	0.19	0.16		0.71	0.57
Non Current Liabilities Total	0.89	0.47	0.79	0.87	0.85	0.96	0.76	0.87	0.74	0.89	0.68	0.75	0.89	0.88	0.84	0.43	0.89	0.92	0.88	0.82	0.86	0.56	0.6	0.71		0.83
Property Plant Equipment	0.98	0.67	0.97	0.97	1.0	0.77	0.93	0.99	0.95	0.98	0.59	0.87	0.82	0.87	0.98	0.31	0.96	0.97	0.96	0.97	0.96	0.84	0.85	0.57	0.83

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Beijing Sinnet Account Relationship Matchups

Beijing Sinnet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2B	13.5B	19.4B	19.3B	18.9B	19.8B
Other Current Liab	117.7M	9.0M	8.1M	190.2M	366.1M	384.4M
Total Current Liabilities	2.0B	2.5B	3.2B	2.5B	3.4B	3.5B
Total Stockholder Equity	8.3B	9.2B	13.0B	12.1B	12.5B	13.1B
Property Plant And Equipment Net	5.3B	5.4B	7.8B	9.2B	9.8B	10.3B
Net Debt	1.1B	1.2B	1.4B	2.1B	1.0B	695.5M
Retained Earnings	2.2B	3.1B	3.9B	2.9B	3.3B	3.5B
Accounts Payable	1.1B	983.3M	1.5B	1.5B	1.7B	1.8B
Cash	677.4M	1.2B	2.3B	2.3B	2.4B	2.5B
Non Current Assets Total	8.6B	9.2B	12.1B	12.6B	12.9B	13.5B
Non Currrent Assets Other	481.3M	664.4M	2.5B	1.8B	506.3M	472.7M
Cash And Short Term Investments	816.6M	1.3B	4.2B	3.4B	2.7B	2.8B
Net Receivables	2.6B	2.9B	2.9B	3.0B	2.7B	1.4B
Common Stock Shares Outstanding	1.5B	1.5B	1.5B	1.8B	2.1B	1.4B
Liabilities And Stockholders Equity	12.2B	13.5B	19.4B	19.3B	18.9B	19.8B
Inventory	8.7M	9.8M	10.7M	14.1M	13.9M	14.6M
Other Current Assets	145.8M	170.0M	237.0M	303.2M	648.2M	332.5M
Other Stockholder Equity	4.5B	4.5B	7.2B	7.2B	7.2B	7.6B
Total Liab	3.9B	4.3B	5.8B	6.7B	5.8B	6.1B
Total Current Assets	3.6B	4.4B	7.3B	6.7B	6.0B	6.3B
Intangible Assets	489.6M	704.5M	1.2B	1.2B	1.2B	1.2B
Common Stock	1.5B	1.5B	1.5B	1.8B	2.1B	2.2B
Other Liab	46.1M	411.6M	72.6M	504.6M	580.3M	609.3M
Non Current Liabilities Total	1.9B	1.7B	2.6B	4.1B	2.5B	1.5B
Property Plant Equipment	5.3B	5.4B	7.8B	9.2B	10.6B	11.1B
Short Long Term Debt Total	1.8B	2.4B	3.7B	4.3B	3.4B	2.1B
Current Deferred Revenue	320.1M	477.3M	383.0M	103.7M	115.4M	191.8M
Short Term Debt	424.8M	1.1B	1.3B	683.1M	1.2B	1.2B
Short Term Investments	139.2M	80.2M	1.9B	1.1B	265.3M	325.2M
Net Tangible Assets	5.5B	6.1B	9.5B	9.8B	11.3B	5.9B
Long Term Debt	1.9B	1.3B	2.3B	3.4B	2.1B	2.1B
Deferred Long Term Liab	212.9M	271.1M	515.3M	551.5M	634.2M	665.9M
Short Long Term Debt	424.8M	1.1B	1.2B	384.3M	965.8M	594.3M
Non Current Liabilities Other	1.5B	1.5B	1.4B	30M	27M	25.7M
Net Invested Capital	10.2B	11.7B	16.5B	15.9B	15.5B	13.7B
Net Working Capital	1.6B	1.8B	4.2B	4.1B	2.7B	2.7B

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

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Beijing Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Beijing Sinnet fundamental ratios Correlations

Beijing Sinnet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Sinnet fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total

Non Currrent Assets Other	- 0.06	Other Current Liab
Other Current Assets	- 0.04	Non Currrent Assets Other