Super-Dragon Total Liab vs Intangible Assets Analysis

301131 Stock   38.95  1.66  4.45%   
Super-Dragon Engineering financial indicator trend analysis is much more than just breaking down Super-Dragon Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Super-Dragon Engineering is a good investment. Please check the relationship between Super-Dragon Engineering Total Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Super Dragon Engineering Plastics. 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 Liab vs Intangible Assets

Total Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super-Dragon Engineering Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Super-Dragon Engineering's Total Liab and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Super Dragon Engineering Plastics, assuming nothing else is changed. The correlation between historical values of Super-Dragon Engineering's Total Liab and Intangible 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 Total Liab of Super Dragon Engineering Plastics are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Super-Dragon Engineering's Total Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Super-Dragon Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Super-Dragon Engineering 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 Super Dragon Engineering Plastics. 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.
As of December 1, 2024, Tax Provision is expected to decline to about 4.5 M. In addition to that, Selling General Administrative is expected to decline to about 23.8 M
 2021 2022 2023 2024 (projected)
Interest Expense20.3M17.2M15.8M25.0M
Interest Income896.5K2.4M2.4M2.0M

Super-Dragon Engineering fundamental ratios Correlations

-0.730.880.970.710.980.920.940.990.960.970.910.90.960.820.930.990.951.00.910.910.890.960.840.96
-0.73-0.56-0.79-0.17-0.58-0.68-0.87-0.75-0.79-0.68-0.88-0.42-0.56-0.57-0.55-0.74-0.65-0.71-0.88-0.7-0.74-0.83-0.41-0.83
0.88-0.560.740.720.870.970.790.880.850.950.730.780.860.470.980.80.920.880.730.620.930.830.70.83
0.97-0.790.740.570.920.820.960.970.950.880.960.830.890.890.80.990.860.960.960.970.820.960.80.96
0.71-0.170.720.570.830.640.460.640.570.770.370.930.880.630.810.680.830.740.370.630.480.50.860.51
0.98-0.580.870.920.830.880.860.950.90.950.810.970.990.840.940.970.960.980.810.90.810.890.910.89
0.92-0.680.970.820.640.880.890.930.940.970.830.760.860.550.960.860.930.910.830.70.980.890.650.89
0.94-0.870.790.960.460.860.890.970.980.890.980.720.820.750.80.940.850.920.980.870.910.970.640.97
0.99-0.750.880.970.640.950.930.970.980.950.940.850.920.790.910.980.920.990.940.90.920.980.790.98
0.96-0.790.850.950.570.90.940.980.980.940.940.790.880.740.870.950.910.950.940.860.930.950.670.95
0.97-0.680.950.880.770.950.970.890.950.940.830.880.950.690.980.930.990.970.830.80.910.90.790.9
0.91-0.880.730.960.370.810.830.980.940.940.830.660.760.740.740.920.770.891.00.870.880.980.640.98
0.9-0.420.780.830.930.970.760.720.850.790.880.660.980.850.880.90.910.920.660.860.650.750.950.76
0.96-0.560.860.890.880.990.860.820.920.880.950.760.980.830.930.950.970.970.760.880.770.840.910.85
0.82-0.570.470.890.630.840.550.750.790.740.690.740.850.830.60.890.720.830.740.980.490.750.850.75
0.93-0.550.980.80.810.940.960.80.910.870.980.740.880.930.60.870.960.930.740.720.90.850.80.85
0.99-0.740.80.990.680.970.860.940.980.950.930.920.90.950.890.870.920.990.920.960.830.950.850.95
0.95-0.650.920.860.830.960.930.850.920.910.990.770.910.970.720.960.920.950.770.810.850.850.810.85
1.0-0.710.880.960.740.980.910.920.990.950.970.890.920.970.830.930.990.950.890.920.870.950.870.95
0.91-0.880.730.960.370.810.830.980.940.940.831.00.660.760.740.740.920.770.890.870.880.980.640.98
0.91-0.70.620.970.630.90.70.870.90.860.80.870.860.880.980.720.960.810.920.870.660.880.860.88
0.89-0.740.930.820.480.810.980.910.920.930.910.880.650.770.490.90.830.850.870.880.660.920.560.92
0.96-0.830.830.960.50.890.890.970.980.950.90.980.750.840.750.850.950.850.950.980.880.920.741.0
0.84-0.410.70.80.860.910.650.640.790.670.790.640.950.910.850.80.850.810.870.640.860.560.740.75
0.96-0.830.830.960.510.890.890.970.980.950.90.980.760.850.750.850.950.850.950.980.880.921.00.75
Click cells to compare fundamentals

Super-Dragon Engineering Account Relationship Matchups

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Other Information on Investing in Super-Dragon Stock

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