Silkroad Short Long Term Debt vs Total Assets 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 Short Long Term Debt and its Total Assets 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.

Short Long Term Debt vs Total Assets

Short Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silkroad Visual Tech Short Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silkroad Visual's Short Long Term Debt and Total Assets is 0.75. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Assets 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 Short Long Term Debt and Total 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 Short Long Term Debt of Silkroad Visual Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt i.e., Silkroad Visual's Short Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Assets

Total assets refers to the total amount of Silkroad Visual assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Silkroad Visual Tech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

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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.