Shenzhen Accounts Payable vs Property Plant And Equipment Gross Analysis

300939 Stock

34.27 0.05 0.15%

Shenzhen financial indicator trend analysis is much more than just breaking down Shenzhen AV Display prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen AV Display is a good investment. Please check the relationship between Shenzhen Accounts Payable and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen AV Display Co. 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.

Accounts Payable vs Property Plant And Equipment Gross

Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen AV Display Accounts Payable account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shenzhen's Accounts Payable and Property Plant And Equipment Gross is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Shenzhen AV Display Co, assuming nothing else is changed. The correlation between historical values of Shenzhen's Accounts Payable and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Shenzhen AV Display Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Accounts Payable i.e., Shenzhen's Accounts Payable and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Accounts Payable

An accounting item on the balance sheet that represents Shenzhen obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shenzhen AV Display are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Gross

Most indicators from Shenzhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen AV Display 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 Shenzhen AV Display Co. 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 Tax Provision is expected to grow to about 14.2 M, whereas Selling General Administrative is forecasted to decline to about 41.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	291.5K	906.9K	1.1M	739.7K
Interest Income	2.1M	4.2M	5.2M	2.8M

Interest Expense Interest Income

Shenzhen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.88	0.97	1.0	0.97	0.98	0.59	0.92	0.94	0.99	0.98	0.82	0.76	0.79	-0.25	0.98	1.0	1.0	0.94	1.0	0.84	0.9	0.66	0.93
Other Current Liab	-0.88		-0.89	-0.87	-0.9	-0.91	-0.51	-0.83	-0.7	-0.85	-0.83	-0.76	-0.69	-0.86	0.14	-0.87	-0.87	-0.87	-0.77	-0.87	-0.67	-0.79	-0.54	-0.81
Total Current Liabilities	0.97	-0.89		0.97	0.95	1.0	0.57	0.96	0.86	0.97	0.93	0.8	0.77	0.81	-0.33	0.98	0.97	0.97	0.92	0.96	0.86	0.96	0.77	0.95
Total Stockholder Equity	1.0	-0.87	0.97		0.96	0.97	0.61	0.91	0.94	0.99	0.98	0.81	0.75	0.8	-0.23	0.97	1.0	1.0	0.93	1.0	0.83	0.89	0.64	0.93
Retained Earnings	0.97	-0.9	0.95	0.96		0.97	0.42	0.96	0.9	0.92	0.96	0.86	0.83	0.69	-0.41	0.98	0.97	0.96	0.97	0.96	0.9	0.91	0.69	0.95
Accounts Payable	0.98	-0.91	1.0	0.97	0.97		0.52	0.96	0.88	0.97	0.95	0.85	0.81	0.8	-0.35	0.99	0.97	0.97	0.93	0.97	0.87	0.96	0.74	0.97
Cash	0.59	-0.51	0.57	0.61	0.42	0.52		0.39	0.46	0.63	0.48	0.11	-0.04	0.8	0.52	0.46	0.6	0.61	0.33	0.61	0.22	0.35	0.29	0.32
Non Current Assets Total	0.92	-0.83	0.96	0.91	0.96	0.96	0.39		0.82	0.89	0.89	0.79	0.81	0.63	-0.54	0.98	0.91	0.91	0.96	0.9	0.96	0.96	0.87	0.96
Non Currrent Assets Other	0.94	-0.7	0.86	0.94	0.9	0.88	0.46	0.82		0.92	0.98	0.83	0.76	0.6	-0.3	0.9	0.95	0.94	0.93	0.95	0.82	0.82	0.52	0.89
Net Receivables	0.99	-0.85	0.97	0.99	0.92	0.97	0.63	0.89	0.92		0.96	0.82	0.75	0.83	-0.21	0.96	0.98	0.99	0.89	0.98	0.79	0.91	0.65	0.93
Common Stock Shares Outstanding	0.98	-0.83	0.93	0.98	0.96	0.95	0.48	0.89	0.98	0.96		0.89	0.82	0.71	-0.31	0.96	0.98	0.98	0.95	0.98	0.84	0.88	0.57	0.94
Short Term Investments	0.82	-0.76	0.8	0.81	0.86	0.85	0.11	0.79	0.83	0.82	0.89		0.98	0.56	-0.51	0.85	0.82	0.82	0.84	0.82	0.74	0.85	0.47	0.91
Non Current Liabilities Total	0.76	-0.69	0.77	0.75	0.83	0.81	-0.04	0.81	0.76	0.75	0.82	0.98		0.43	-0.68	0.83	0.75	0.75	0.84	0.74	0.8	0.87	0.56	0.91
Inventory	0.79	-0.86	0.81	0.8	0.69	0.8	0.8	0.63	0.6	0.83	0.71	0.56	0.43		0.24	0.72	0.79	0.8	0.54	0.8	0.41	0.66	0.39	0.63
Other Current Assets	-0.25	0.14	-0.33	-0.23	-0.41	-0.35	0.52	-0.54	-0.3	-0.21	-0.31	-0.51	-0.68	0.24		-0.43	-0.24	-0.22	-0.55	-0.21	-0.69	-0.56	-0.63	-0.56
Total Liab	0.98	-0.87	0.98	0.97	0.98	0.99	0.46	0.98	0.9	0.96	0.96	0.85	0.83	0.72	-0.43		0.97	0.97	0.97	0.97	0.92	0.96	0.77	0.98
Net Invested Capital	1.0	-0.87	0.97	1.0	0.97	0.97	0.6	0.91	0.95	0.98	0.98	0.82	0.75	0.79	-0.24	0.97		1.0	0.93	1.0	0.83	0.89	0.64	0.93
Total Current Assets	1.0	-0.87	0.97	1.0	0.96	0.97	0.61	0.91	0.94	0.99	0.98	0.82	0.75	0.8	-0.22	0.97	1.0		0.93	1.0	0.83	0.89	0.63	0.92
Capital Stock	0.94	-0.77	0.92	0.93	0.97	0.93	0.33	0.96	0.93	0.89	0.95	0.84	0.84	0.54	-0.55	0.97	0.93	0.93		0.93	0.97	0.92	0.75	0.96
Net Working Capital	1.0	-0.87	0.96	1.0	0.96	0.97	0.61	0.9	0.95	0.98	0.98	0.82	0.74	0.8	-0.21	0.97	1.0	1.0	0.93		0.82	0.88	0.62	0.92
Intangible Assets	0.84	-0.67	0.86	0.83	0.9	0.87	0.22	0.96	0.82	0.79	0.84	0.74	0.8	0.41	-0.69	0.92	0.83	0.83	0.97	0.82		0.91	0.87	0.93
Property Plant And Equipment Net	0.9	-0.79	0.96	0.89	0.91	0.96	0.35	0.96	0.82	0.91	0.88	0.85	0.87	0.66	-0.56	0.96	0.89	0.89	0.92	0.88	0.91		0.84	0.98
Capital Lease Obligations	0.66	-0.54	0.77	0.64	0.69	0.74	0.29	0.87	0.52	0.65	0.57	0.47	0.56	0.39	-0.63	0.77	0.64	0.63	0.75	0.62	0.87	0.84		0.77
Property Plant And Equipment Gross	0.93	-0.81	0.95	0.93	0.95	0.97	0.32	0.96	0.89	0.93	0.94	0.91	0.91	0.63	-0.56	0.98	0.93	0.92	0.96	0.92	0.93	0.98	0.77

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V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Shenzhen Stock

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

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Shenzhen Accounts Payable vs Property Plant And Equipment Gross Analysis

Accounts Payable vs Property Plant And Equipment Gross

Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Accounts Payable

Property Plant And Equipment Gross

Shenzhen fundamental ratios Correlations

Shenzhen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shenzhen Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Accounts Payable	- 0.91	Other Current Liab
Retained Earnings	- 0.9	Other Current Liab
Total Current Liabilities	- 0.89	Other Current Liab
Other Current Liab	- 0.88	Total Assets
Net Working Capital	- 0.87	Other Current Liab
Total Current Assets	- 0.87	Other Current Liab