Silkroad Cash vs Property Plant Equipment Analysis

300556 Stock   21.34  1.15  5.70%   
Silkroad Visual financial indicator trend analysis is much more than just breaking down Silkroad Visual Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silkroad Visual Tech is a good investment. Please check the relationship between Silkroad Visual Cash and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Silkroad Visual 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.

Cash vs Property Plant Equipment

Cash vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silkroad Visual Tech Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Silkroad Visual's Cash and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Silkroad Visual Technology, assuming nothing else is changed. The correlation between historical values of Silkroad Visual's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Silkroad Visual Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Silkroad Visual's Cash and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of Silkroad Visual Tech, which is listed under current asset account on Silkroad Visual Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Silkroad Visual customers. The amounts must be unrestricted with restricted cash listed in a different Silkroad Visual account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant Equipment

Most indicators from Silkroad Visual's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silkroad Visual 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 Silkroad Visual 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.
The current year's Selling General Administrative is expected to grow to about 113.9 M, whereas Tax Provision is projected to grow to (1.7 M).
 2021 2022 2023 2024 (projected)
Operating Income137.4M100.0M154.3M162.0M
Total Revenue1.4B1.3B1.4B754.7M

Silkroad Visual fundamental ratios Correlations

0.40.990.890.880.990.990.970.84-0.650.840.740.990.410.670.950.940.920.83-0.910.930.90.85-0.660.860.75
0.40.460.570.620.360.330.390.67-0.70.760.870.37-0.470.450.350.160.51-0.11-0.550.510.440.240.260.00.34
0.990.460.880.880.990.970.970.85-0.710.870.780.990.40.630.940.890.920.78-0.920.930.90.86-0.640.820.78
0.890.570.880.990.840.860.860.95-0.690.920.840.860.080.810.840.810.970.61-0.880.960.90.69-0.290.670.72
0.880.620.880.990.840.850.870.94-0.720.950.880.860.030.730.830.780.970.59-0.890.960.910.69-0.260.660.74
0.990.360.990.840.840.960.970.81-0.620.820.721.00.50.580.960.920.90.84-0.860.920.910.85-0.70.870.75
0.990.330.970.860.850.960.940.79-0.660.80.660.980.450.660.90.930.890.86-0.920.920.840.88-0.690.880.8
0.970.390.970.860.870.970.940.78-0.550.850.750.970.40.630.940.950.890.78-0.840.90.920.85-0.630.830.73
0.840.670.850.950.940.810.790.78-0.770.910.90.810.020.770.820.680.920.48-0.860.910.840.61-0.250.550.64
-0.65-0.7-0.71-0.69-0.72-0.62-0.66-0.55-0.77-0.73-0.7-0.65-0.02-0.55-0.51-0.38-0.69-0.350.84-0.73-0.52-0.660.21-0.37-0.72
0.840.760.870.920.950.820.80.850.91-0.730.950.83-0.010.670.810.710.920.5-0.830.920.890.65-0.190.590.71
0.740.870.780.840.880.720.660.750.9-0.70.950.72-0.190.630.740.580.810.29-0.760.80.790.51-0.080.40.51
0.990.370.990.860.861.00.980.970.81-0.650.830.720.460.60.950.920.910.85-0.890.930.90.86-0.680.890.77
0.41-0.470.40.080.030.50.450.40.02-0.02-0.01-0.190.46-0.040.420.490.220.7-0.210.260.30.55-0.860.620.4
0.670.450.630.810.730.580.660.630.77-0.550.670.630.6-0.040.60.620.690.36-0.720.660.570.52-0.220.390.49
0.950.350.940.840.830.960.90.940.82-0.510.810.740.950.420.60.910.880.79-0.760.880.920.77-0.640.850.58
0.940.160.890.810.780.920.930.950.68-0.380.710.580.920.490.620.910.840.87-0.770.830.870.81-0.710.90.63
0.920.510.920.970.970.90.890.890.92-0.690.920.810.910.220.690.880.840.7-0.890.990.950.75-0.380.750.78
0.83-0.110.780.610.590.840.860.780.48-0.350.50.290.850.70.360.790.870.7-0.640.730.710.75-0.790.990.65
-0.91-0.55-0.92-0.88-0.89-0.86-0.92-0.84-0.860.84-0.83-0.76-0.89-0.21-0.72-0.76-0.77-0.89-0.64-0.91-0.76-0.810.48-0.66-0.83
0.930.510.930.960.960.920.920.90.91-0.730.920.80.930.260.660.880.830.990.73-0.910.940.76-0.410.790.83
0.90.440.90.90.910.910.840.920.84-0.520.890.790.90.30.570.920.870.950.71-0.760.940.72-0.420.780.69
0.850.240.860.690.690.850.880.850.61-0.660.650.510.860.550.520.770.810.750.75-0.810.760.72-0.740.740.75
-0.660.26-0.64-0.29-0.26-0.7-0.69-0.63-0.250.21-0.19-0.08-0.68-0.86-0.22-0.64-0.71-0.38-0.790.48-0.41-0.42-0.74-0.73-0.43
0.860.00.820.670.660.870.880.830.55-0.370.590.40.890.620.390.850.90.750.99-0.660.790.780.74-0.730.64
0.750.340.780.720.740.750.80.730.64-0.720.710.510.770.40.490.580.630.780.65-0.830.830.690.75-0.430.64
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Silkroad Visual Account Relationship Matchups

Silkroad Visual fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B1.7B2.0B2.2B2.3B
Other Current Liab114.5M123.3M157.5M101.4M33.8M32.1M
Total Current Liabilities508.8M606.0M833.7M807.5M983.8M1.0B
Total Stockholder Equity512.7M610.8M790.0M873.9M947.8M499.1M
Retained Earnings177.6M232.4M294.8M331.4M320.1M166.2M
Accounts Payable199.4M249.6M436.0M433.6M565.7M594.0M
Cash307.1M371.9M389.6M584.5M650.3M682.8M
Other Assets29.8M94.9M107.1M109.6M126.0M132.3M
Net Receivables532.6M359.5M731.6M553.6M655.6M353.4M
Inventory24.5M37.1M49.2M46.8M37.1M22.6M
Other Current Assets47.1M57.1M101.3M67.3M38.3M33.9M
Total Liab510.9M616.0M896.7M1.1B1.2B1.3B
Intangible Assets6.4M4.8M3.6M5.2M52.2M54.9M
Common Stock115.2M117.7M119.4M119.5M137.4M104.4M
Property Plant Equipment31.6M35.8M113.4M94.7M108.9M114.4M
Other Liab2.1M9.9M10.7M16.2M18.6M19.5M
Net Tangible Assets506.0M599.7M780.0M862.4M991.8M580.8M
Other Stockholder Equity(18.4K)121.8K182.5K22.8M26.2M27.5M
Deferred Long Term Liab11.4M11.3M12.8M11.1M10.0M10.9M
Total Current Assets915.2M972.5M1.3B1.6B1.7B1.0B
Non Current Assets Total111.0M255.7M409.2M393.4M464.1M269.4M
Non Currrent Assets Other10.0M93.4M59.6M62.2M138.4M145.3M
Non Current Liabilities Total2.1M9.9M62.9M273.0M260.9M274.0M
Short Long Term Debt80M99.9M44.9M85M127.1M72.0M
Common Stock Shares Outstanding115.2M117.7M119.4M119.9M121.4M128.8M
Net Invested Capital592.7M710.7M834.9M1.2B1.3B873.0M
Net Working Capital406.4M366.4M442.3M754.2M744.3M529.8M
Capital Stock115.2M117.7M119.4M119.5M121.3M129.8M

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Other Information on Investing in Silkroad Stock

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