Silkroad Other Current Assets vs Deferred Long Term Liab 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 Other Current Assets and its Deferred Long Term Liab 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.

Other Current Assets vs Deferred Long Term Liab

Other Current Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silkroad Visual Tech Other Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Silkroad Visual's Other Current Assets and Deferred Long Term Liab is -0.76. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Deferred Long Term Liab 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 Other Current Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Silkroad Visual Technology are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Assets i.e., Silkroad Visual's Other Current Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.