Shenzhen Total Current Assets vs Total Cash From Operating Activities Analysis

300939 Stock

33.62 0.02 0.06%

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 Total Current Assets and its Total Cash From Operating Activities 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.

Total Current Assets vs Total Cash From Operating Activities

Total Current Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen AV Display Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shenzhen's Total Current Assets and Total Cash From Operating Activities is -0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Current Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Shenzhen AV Display Co are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Assets i.e., Shenzhen's Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Cash From Operating Activities

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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C	Citigroup
GM	General Motors
F	Ford Motor

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 Total Current Assets vs Total Cash From Operating Activities Analysis

Total Current Assets vs Total Cash From Operating Activities

Total Current Assets vs Total Cash From Operating Activities Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Cash From Operating Activities

Shenzhen fundamental ratios Correlations

Shenzhen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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