Silkroad Non Currrent Assets Other vs Other Stockholder Equity Analysis

300556 Stock   19.69  0.71  3.48%   
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 Non Currrent Assets Other and its Other Stockholder Equity 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.

Non Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silkroad Visual Tech Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silkroad Visual's Non Currrent Assets Other and Other Stockholder Equity is 0.75. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity 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 Non Currrent Assets Other and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Silkroad Visual Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Silkroad Visual's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Stockholder Equity

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
Click cells to compare fundamentals

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.