Shenzhen Non Currrent Assets Other vs Capital Lease Obligations Analysis

301308 Stock

102.30 2.24 2.14%

Shenzhen Longsys financial indicator trend analysis is much more than just breaking down Shenzhen Longsys Ele prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Longsys Ele is a good investment. Please check the relationship between Shenzhen Longsys Non Currrent Assets Other and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Longsys Electronics. 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.

Non Currrent Assets Other vs Capital Lease Obligations

Non Currrent Assets Other vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Longsys Ele Non Currrent Assets Other account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shenzhen Longsys' Non Currrent Assets Other and Capital Lease Obligations is 0.98. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Shenzhen Longsys Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Longsys' Non Currrent Assets Other and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Shenzhen Longsys Electronics are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Non Currrent Assets Other i.e., Shenzhen Longsys' Non Currrent Assets Other and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Capital Lease Obligations

Shenzhen Longsys Ele capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Shenzhen Longsys asset purchases. For example, Shenzhen Longsys can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Shenzhen Longsys control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Shenzhen Longsys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Longsys Ele 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 Longsys Electronics. 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 Tax Provision is expected to grow to about (189 M). In addition to that, Selling General Administrative is expected to decline to about 306.7 M

	2022	2023	2024	2025 (projected)
Interest Expense	30.4M	82.2M	94.5M	47.5M
Interest Income	21.5M	34.1M	39.2M	41.2M

Interest Expense Interest Income

Shenzhen Longsys 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	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.77	0.88	0.93	0.45	0.92	0.29	0.88	0.89	0.86	1.0	0.92	0.86	0.99	0.85	0.88	1.0	0.88	0.99	0.92	0.99	0.85	0.99	0.86	0.85	0.87
Other Current Liab	-0.77		-0.76	-0.84	-0.8	-0.85	-0.32	-0.73	-0.75	-0.7	-0.73	-0.69	-0.66	-0.8	-0.7	-0.73	-0.76	-0.72	-0.81	-0.69	-0.8	-0.8	-0.7	-0.68	-0.64	-0.68
Total Current Liabilities	0.88	-0.76		0.82	0.44	0.87	0.25	1.0	1.0	0.99	0.87	0.9	0.99	0.88	0.99	1.0	0.87	1.0	0.88	0.9	0.88	0.74	0.88	0.99	0.98	0.99
Total Stockholder Equity	0.93	-0.84	0.82		0.68	0.82	0.43	0.81	0.85	0.77	0.94	0.9	0.76	0.93	0.75	0.8	0.95	0.82	0.97	0.9	0.95	0.98	0.88	0.78	0.74	0.78
Retained Earnings	0.45	-0.8	0.44	0.68		0.43	0.12	0.42	0.45	0.35	0.44	0.43	0.32	0.52	0.37	0.4	0.47	0.42	0.52	0.43	0.54	0.71	0.39	0.35	0.3	0.36
Accounts Payable	0.92	-0.85	0.87	0.82	0.43		0.26	0.85	0.85	0.86	0.89	0.83	0.83	0.93	0.86	0.86	0.9	0.85	0.91	0.83	0.91	0.71	0.91	0.83	0.83	0.83
Cash	0.29	-0.32	0.25	0.43	0.12	0.26		0.24	0.29	0.21	0.26	0.42	0.23	0.18	0.16	0.24	0.31	0.25	0.35	0.42	0.24	0.54	0.14	0.23	0.19	0.23
Non Current Assets Total	0.88	-0.73	1.0	0.81	0.42	0.85	0.24		1.0	1.0	0.87	0.9	0.99	0.88	0.99	1.0	0.87	1.0	0.88	0.9	0.88	0.74	0.88	1.0	0.99	1.0
Non Currrent Assets Other	0.89	-0.75	1.0	0.85	0.45	0.85	0.29	1.0		0.99	0.89	0.91	0.99	0.89	0.98	1.0	0.89	1.0	0.89	0.91	0.89	0.78	0.89	0.99	0.98	0.99
Long Term Debt	0.86	-0.7	0.99	0.77	0.35	0.86	0.21	1.0	0.99		0.85	0.88	1.0	0.86	1.0	1.0	0.85	0.99	0.85	0.88	0.85	0.68	0.87	1.0	1.0	1.0
Net Receivables	1.0	-0.73	0.87	0.94	0.44	0.89	0.26	0.87	0.89	0.85		0.92	0.85	0.99	0.84	0.86	1.0	0.88	0.99	0.92	0.99	0.86	0.99	0.86	0.84	0.86
Common Stock Shares Outstanding	0.92	-0.69	0.9	0.9	0.43	0.83	0.42	0.9	0.91	0.88	0.92		0.89	0.9	0.86	0.9	0.93	0.9	0.93	1.0	0.91	0.85	0.9	0.89	0.87	0.89
Non Current Liabilities Total	0.86	-0.66	0.99	0.76	0.32	0.83	0.23	0.99	0.99	1.0	0.85	0.89		0.85	0.99	0.99	0.85	0.99	0.85	0.89	0.85	0.68	0.87	1.0	1.0	1.0
Inventory	0.99	-0.8	0.88	0.93	0.52	0.93	0.18	0.88	0.89	0.86	0.99	0.9	0.85		0.86	0.87	0.99	0.88	0.98	0.9	1.0	0.84	0.99	0.86	0.84	0.86
Other Current Assets	0.85	-0.7	0.99	0.75	0.37	0.86	0.16	0.99	0.98	1.0	0.84	0.86	0.99	0.86		0.99	0.84	0.99	0.84	0.86	0.85	0.65	0.87	0.99	0.99	0.99
Total Liab	0.88	-0.73	1.0	0.8	0.4	0.86	0.24	1.0	1.0	1.0	0.86	0.9	0.99	0.87	0.99		0.87	1.0	0.87	0.9	0.87	0.72	0.88	1.0	0.99	1.0
Net Invested Capital	1.0	-0.76	0.87	0.95	0.47	0.9	0.31	0.87	0.89	0.85	1.0	0.93	0.85	0.99	0.84	0.87		0.88	1.0	0.93	0.99	0.88	0.98	0.86	0.83	0.86
Short Long Term Debt	0.88	-0.72	1.0	0.82	0.42	0.85	0.25	1.0	1.0	0.99	0.88	0.9	0.99	0.88	0.99	1.0	0.88		0.88	0.9	0.88	0.74	0.88	1.0	0.99	1.0
Total Current Assets	0.99	-0.81	0.88	0.97	0.52	0.91	0.35	0.88	0.89	0.85	0.99	0.93	0.85	0.98	0.84	0.87	1.0	0.88		0.93	0.99	0.9	0.97	0.85	0.83	0.86
Capital Stock	0.92	-0.69	0.9	0.9	0.43	0.83	0.42	0.9	0.91	0.88	0.92	1.0	0.89	0.9	0.86	0.9	0.93	0.9	0.93		0.91	0.85	0.9	0.89	0.87	0.89
Non Current Liabilities Other	0.99	-0.8	0.88	0.95	0.54	0.91	0.24	0.88	0.89	0.85	0.99	0.91	0.85	1.0	0.85	0.87	0.99	0.88	0.99	0.91		0.88	0.98	0.85	0.83	0.86
Net Working Capital	0.85	-0.8	0.74	0.98	0.71	0.71	0.54	0.74	0.78	0.68	0.86	0.85	0.68	0.84	0.65	0.72	0.88	0.74	0.9	0.85	0.88		0.78	0.7	0.64	0.7
Intangible Assets	0.99	-0.7	0.88	0.88	0.39	0.91	0.14	0.88	0.89	0.87	0.99	0.9	0.87	0.99	0.87	0.88	0.98	0.88	0.97	0.9	0.98	0.78		0.87	0.86	0.87
Property Plant And Equipment Net	0.86	-0.68	0.99	0.78	0.35	0.83	0.23	1.0	0.99	1.0	0.86	0.89	1.0	0.86	0.99	1.0	0.86	1.0	0.85	0.89	0.85	0.7	0.87		1.0	1.0
Capital Lease Obligations	0.85	-0.64	0.98	0.74	0.3	0.83	0.19	0.99	0.98	1.0	0.84	0.87	1.0	0.84	0.99	0.99	0.83	0.99	0.83	0.87	0.83	0.64	0.86	1.0		1.0
Property Plant And Equipment Gross	0.87	-0.68	0.99	0.78	0.36	0.83	0.23	1.0	0.99	1.0	0.86	0.89	1.0	0.86	0.99	1.0	0.86	1.0	0.86	0.89	0.86	0.7	0.87	1.0	1.0

Click cells to compare fundamentals

Shenzhen Longsys Account Relationship Matchups

Shenzhen Longsys fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.1B	6.2B	9.0B	13.7B	15.7B	8.3B
Other Current Liab	1.3M	1.3M	569.6K	656.4K	590.8K	561.2K
Total Current Liabilities	1.6B	1.7B	2.0B	4.9B	5.7B	6.0B
Total Stockholder Equity	3.5B	4.4B	6.6B	6.0B	6.9B	5.2B
Retained Earnings	1.4B	2.3B	2.2B	1.3B	1.5B	1.8B
Accounts Payable	913.7M	693.6M	662.5M	1.1B	1.3B	854.4M
Cash	1.6B	608.7M	1.9B	1.2B	1.4B	1.4B
Non Current Assets Total	763.8M	1.2B	1.6B	4.6B	5.3B	5.6B
Non Currrent Assets Other	41.2M	64.6M	129.1M	302.1M	347.4M	364.7M
Net Receivables	385.1M	615.6M	913.7M	1.3B	1.5B	807.1M
Non Current Liabilities Total	35.0M	54.7M	327.6M	2.3B	2.6B	2.8B
Inventory	2.2B	3.6B	3.7B	5.9B	6.8B	3.8B
Other Current Assets	51.1M	69.6M	36.7M	236.6M	272.1M	285.7M
Total Liab	1.6B	1.8B	2.3B	7.2B	8.3B	8.7B
Net Invested Capital	3.9B	5.1B	8.0B	11.0B	12.7B	6.9B
Short Long Term Debt	414.5M	725.9M	1.1B	2.9B	3.4B	3.5B
Total Current Assets	4.3B	5.0B	7.3B	9.1B	10.4B	6.4B
Non Current Liabilities Other	8.6M	13.3M	16.2M	22.0M	25.4M	14.9M
Net Working Capital	2.7B	3.2B	5.3B	4.1B	4.8B	4.0B
Intangible Assets	198.1M	279.2M	284.0M	465.0M	534.8M	314.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
C	Citigroup
GM	General Motors

Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Longsys Ele at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Longsys Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Longsys 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shenzhen Non Currrent Assets Other vs Capital Lease Obligations Analysis

Non Currrent Assets Other vs Capital Lease Obligations

Non Currrent Assets Other vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Capital Lease Obligations

Shenzhen Longsys fundamental ratios Correlations

Shenzhen Longsys Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Longsys fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Non Currrent Assets Other	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Short Long Term Debt	+ 1.0	Total Current Liabilities

Accounts Payable	- 0.85	Other Current Liab
Total Stockholder Equity	- 0.84	Other Current Liab
Total Current Assets	- 0.81	Other Current Liab
Net Working Capital	- 0.8	Other Current Liab
Non Current Liabilities Other	- 0.8	Other Current Liab
Inventory	- 0.8	Other Current Liab