300608 Property Plant Equipment vs Selling General Administrative Analysis

300608 Stock   11.16  0.12  1.06%   
SI TECH financial indicator trend analysis is much more than just breaking down SI TECH Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SI TECH Information is a good investment. Please check the relationship between SI TECH Property Plant Equipment and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SI TECH Information 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 board of governors.

Property Plant Equipment vs Selling General Administrative

Property Plant Equipment vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SI TECH Information Property Plant Equipment account and Selling General Administrative. At this time, the significance of the direction appears to have weak relationship.
The correlation between SI TECH's Property Plant Equipment and Selling General Administrative is 0.38. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of SI TECH Information Technology, assuming nothing else is changed. The correlation between historical values of SI TECH's Property Plant Equipment and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of SI TECH Information Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Property Plant Equipment i.e., SI TECH's Property Plant Equipment and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Selling General Administrative

Most indicators from SI TECH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SI TECH Information 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 SI TECH Information 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 124.7 M, whereas Tax Provision is forecasted to decline to about 4.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit363.0M325.6M328.0M284.5M
Total Revenue904.3M834.0M870.5M882.6M

SI TECH fundamental ratios Correlations

0.94-0.040.930.890.87-0.540.00.95-0.020.950.90.2-0.480.950.930.860.93-0.030.80.950.980.910.840.890.62
0.94-0.160.940.790.87-0.590.290.920.090.850.910.34-0.440.850.80.940.91-0.20.631.00.870.950.770.810.56
-0.04-0.16-0.32-0.040.01-0.3-0.24-0.18-0.54-0.02-0.12-0.570.17-0.02-0.090.040.10.090.04-0.16-0.02-0.320.09-0.020.27
0.930.94-0.320.810.77-0.380.140.920.140.870.870.49-0.440.870.880.780.81-0.120.690.950.90.990.730.810.46
0.890.79-0.040.810.91-0.6-0.170.85-0.120.870.930.07-0.460.870.870.70.840.010.970.810.910.780.950.990.76
0.870.870.010.770.91-0.770.150.84-0.090.770.97-0.02-0.50.770.750.890.92-0.140.80.880.820.750.950.930.79
-0.54-0.59-0.3-0.38-0.6-0.77-0.17-0.410.42-0.48-0.70.240.19-0.48-0.31-0.71-0.710.52-0.53-0.57-0.46-0.44-0.8-0.7-0.89
0.00.29-0.240.14-0.170.15-0.170.110.46-0.260.190.39-0.1-0.26-0.110.360.13-0.29-0.390.26-0.180.18-0.08-0.12-0.12
0.950.92-0.180.920.850.84-0.410.110.160.860.870.25-0.430.860.930.820.890.10.720.930.930.90.750.810.5
-0.020.09-0.540.14-0.12-0.090.420.460.16-0.16-0.010.51-0.04-0.160.090.0-0.090.42-0.210.08-0.060.1-0.28-0.19-0.57
0.950.85-0.020.870.870.77-0.48-0.260.86-0.160.80.13-0.381.00.870.750.84-0.040.820.860.980.860.790.860.6
0.90.91-0.120.870.930.97-0.70.190.87-0.010.80.21-0.520.80.80.870.89-0.170.810.920.840.860.940.950.74
0.20.34-0.570.490.07-0.020.240.390.250.510.130.21-0.170.130.240.1-0.03-0.06-0.020.320.140.52-0.050.08-0.24
-0.48-0.440.17-0.44-0.46-0.50.19-0.1-0.43-0.04-0.38-0.52-0.17-0.38-0.46-0.47-0.36-0.23-0.41-0.48-0.43-0.38-0.43-0.48-0.22
0.950.85-0.020.870.870.77-0.48-0.260.86-0.161.00.80.13-0.380.870.750.84-0.040.820.860.980.860.790.860.6
0.930.8-0.090.880.870.75-0.31-0.110.930.090.870.80.24-0.460.870.650.830.210.820.820.950.820.750.820.48
0.860.940.040.780.70.89-0.710.360.820.00.750.870.1-0.470.750.650.91-0.220.530.940.760.790.760.740.6
0.930.910.10.810.840.92-0.710.130.89-0.090.840.89-0.03-0.360.840.830.91-0.160.730.910.890.80.870.850.72
-0.03-0.20.09-0.120.01-0.140.52-0.290.10.42-0.04-0.17-0.06-0.23-0.040.21-0.22-0.160.08-0.180.07-0.21-0.2-0.11-0.4
0.80.630.040.690.970.8-0.53-0.390.72-0.210.820.81-0.02-0.410.820.820.530.730.080.650.850.640.910.940.74
0.951.0-0.160.950.810.88-0.570.260.930.080.860.920.32-0.480.860.820.940.91-0.180.650.880.950.790.820.56
0.980.87-0.020.90.910.82-0.46-0.180.93-0.060.980.840.14-0.430.980.950.760.890.070.850.880.870.820.880.59
0.910.95-0.320.990.780.75-0.440.180.90.10.860.860.52-0.380.860.820.790.8-0.210.640.950.870.710.790.49
0.840.770.090.730.950.95-0.8-0.080.75-0.280.790.94-0.05-0.430.790.750.760.87-0.20.910.790.820.710.980.9
0.890.81-0.020.810.990.93-0.7-0.120.81-0.190.860.950.08-0.480.860.820.740.85-0.110.940.820.880.790.980.83
0.620.560.270.460.760.79-0.89-0.120.5-0.570.60.74-0.24-0.220.60.480.60.72-0.40.740.560.590.490.90.83
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SI TECH Account Relationship Matchups

SI TECH fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B2.5B2.5B1.4B
Short Long Term Debt Total626M656.3M659.6M757.2M661.8M412.6M
Other Current Liab42.4M123.0M117.4M141.5M187.6M101.0M
Total Current Liabilities678.9M530.5M530.3M654.9M630.8M491.7M
Total Stockholder Equity778.0M849.0M952.8M1.6B1.6B1.7B
Property Plant And Equipment Net158.1M463.9M471.4M463.1M515.2M541.0M
Current Deferred Revenue129.7M68.3M33.5M38.5M32.3M30.7M
Net Debt232.7M278.6M248.1M(206.0M)(30.5M)(29.0M)
Retained Earnings338.2M360.0M402.0M401.5M420.0M283.1M
Accounts Payable30.8M28.9M16.6M9.7M10.9M15.1M
Cash393.3M377.7M411.5M963.2M692.3M382.9M
Non Current Assets Total551.8M634.3M699.2M741.0M823.1M864.3M
Non Currrent Assets Other310.8M246.4K8.1M14.4M6.9M6.6M
Cash And Short Term Investments393.3M377.7M411.5M963.2M692.3M382.9M
Net Receivables458.1M413.6M410.2M515.7M642.3M414.7M
Liabilities And Stockholders Equity1.6B1.7B1.8B2.5B2.5B1.4B
Non Current Liabilities Total152.5M353.7M331.6M325.0M268.4M140.0M
Inventory201.0M292.4M291.3M305.0M341.1M243.2M
Other Current Assets6.3M15.7M1.4M1.8M4.9M4.6M
Other Stockholder Equity225.6M222.8M235.6M714.7M757.2M795.1M
Total Liab831.4M884.2M861.9M979.9M899.2M631.7M
Total Current Assets1.1B1.1B1.1B1.8B1.7B1.1B
Short Term Debt476M310.3M362.9M465.2M400.0M289.2M
Intangible Assets32.0M74.4M113.5M162.7M188.9M198.4M
Common Stock157.7M157.7M209.9M327.1M331.2M347.7M
Other Liab2.1M2.5M7.7M34.9M40.1M42.1M
Net Tangible Assets689.8M736.6M767.7M890.5M1.0B752.5M
Deferred Long Term Liab3.4M2.6M2.4M59.6M68.6M72.0M
Short Long Term Debt476M295.3M339.5M443.4M363.9M341.0M
Non Current Liabilities Other1.2M6.6M4.0M2.8M6.6M3.4M
Property Plant Equipment102.4M158.1M463.9M471.4M542.1M569.2M
Common Stock Shares Outstanding204.9M204.9M209.9M327.1M331.2M265.9M
Net Invested Capital1.4B1.5B1.6B2.3B2.2B1.7B
Net Working Capital379.8M568.9M584.0M1.1B1.0B763.3M
Short Term Investments(2.6M)(2.4M)(1.6M)(2.1M)32.0K33.6K
Capital Stock157.7M157.7M209.9M327.1M331.2M236.4M

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Other Information on Investing in 300608 Stock

Balance Sheet is a snapshot of the financial position of SI TECH Information at a specified time, usually calculated after every quarter, six months, or one year. SI TECH Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SI TECH 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 300608 currently owns. An asset can also be divided into two categories, current and non-current.