Shenzhen Total Current Liabilities vs Cash Analysis

301308 Stock

89.04 0.78 0.88%

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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Longsys Ele Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have very week relationship.

The correlation between Shenzhen Longsys' Total Current Liabilities and Cash is 0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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' Total Current Liabilities and Cash 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 Liabilities of Shenzhen Longsys Electronics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Shenzhen Longsys' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Liabilities

Total Current Liabilities is an item on Shenzhen Longsys balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shenzhen Longsys Electronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Shenzhen Longsys Ele, which is listed under current asset account on Shenzhen Longsys Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen Longsys customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen Longsys account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 (210 M). In addition to that, Selling General Administrative is expected to decline to about 420.2 M

	2021	2022	2023	2024 (projected)
Interest Expense	12.0M	30.4M	82.2M	47.5M
Interest Income	3.1M	21.5M	34.1M	35.8M

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		-0.78	0.88	0.91	0.51	0.86	0.26	0.87	0.89	0.83	0.99	0.97	0.83	0.98	0.82	0.86	1.0	0.87	0.99	0.97	0.99	0.82	0.97	0.84	0.8	0.85
Other Current Liab	-0.78		-0.75	-0.84	-0.82	-0.88	-0.29	-0.7	-0.73	-0.66	-0.73	-0.66	-0.6	-0.83	-0.67	-0.7	-0.77	-0.7	-0.83	-0.66	-0.82	-0.78	-0.71	-0.63	-0.58	-0.64
Total Current Liabilities	0.88	-0.75		0.76	0.46	0.85	0.2	1.0	0.99	0.99	0.85	0.91	0.98	0.88	0.99	1.0	0.86	0.99	0.86	0.91	0.86	0.67	0.88	0.99	0.97	0.99
Total Stockholder Equity	0.91	-0.84	0.76		0.74	0.72	0.43	0.76	0.81	0.68	0.91	0.84	0.68	0.9	0.65	0.74	0.93	0.77	0.96	0.84	0.94	0.98	0.83	0.7	0.63	0.71
Retained Earnings	0.51	-0.82	0.46	0.74		0.47	0.1	0.42	0.47	0.34	0.5	0.35	0.29	0.6	0.36	0.4	0.53	0.42	0.59	0.35	0.62	0.75	0.45	0.34	0.27	0.35
Accounts Payable	0.86	-0.88	0.85	0.72	0.47		0.23	0.81	0.81	0.82	0.8	0.81	0.77	0.87	0.82	0.82	0.83	0.8	0.85	0.81	0.84	0.6	0.83	0.78	0.76	0.78
Cash	0.26	-0.29	0.2	0.43	0.1	0.23		0.19	0.25	0.15	0.23	0.3	0.18	0.12	0.08	0.19	0.29	0.2	0.34	0.3	0.19	0.54	0.06	0.17	0.12	0.18
Non Current Assets Total	0.87	-0.7	1.0	0.76	0.42	0.81	0.19		1.0	0.99	0.86	0.92	0.99	0.87	0.99	1.0	0.86	1.0	0.85	0.92	0.86	0.67	0.89	1.0	0.98	1.0
Non Currrent Assets Other	0.89	-0.73	0.99	0.81	0.47	0.81	0.25	1.0		0.98	0.88	0.93	0.98	0.88	0.97	0.99	0.88	1.0	0.88	0.93	0.88	0.72	0.89	0.99	0.97	0.99
Long Term Debt	0.83	-0.66	0.99	0.68	0.34	0.82	0.15	0.99	0.98		0.81	0.89	0.99	0.83	1.0	1.0	0.81	0.99	0.8	0.89	0.81	0.57	0.86	1.0	0.99	0.99
Net Receivables	0.99	-0.73	0.85	0.91	0.5	0.8	0.23	0.86	0.88	0.81		0.97	0.81	0.97	0.79	0.84	1.0	0.86	0.98	0.97	0.99	0.83	0.98	0.83	0.79	0.83
Common Stock Shares Outstanding	0.97	-0.66	0.91	0.84	0.35	0.81	0.3	0.92	0.93	0.89	0.97		0.91	0.92	0.87	0.91	0.97	0.92	0.95	1.0	0.94	0.76	0.96	0.91	0.88	0.91
Non Current Liabilities Total	0.83	-0.6	0.98	0.68	0.29	0.77	0.18	0.99	0.98	0.99	0.81	0.91		0.81	0.98	0.99	0.81	0.99	0.8	0.91	0.8	0.58	0.85	1.0	1.0	1.0
Inventory	0.98	-0.83	0.88	0.9	0.6	0.87	0.12	0.87	0.88	0.83	0.97	0.92	0.81		0.83	0.86	0.97	0.87	0.97	0.92	0.99	0.79	0.98	0.83	0.79	0.83
Other Current Assets	0.82	-0.67	0.99	0.65	0.36	0.82	0.08	0.99	0.97	1.0	0.79	0.87	0.98	0.83		0.99	0.79	0.98	0.78	0.87	0.8	0.54	0.86	0.99	0.99	0.99
Total Liab	0.86	-0.7	1.0	0.74	0.4	0.82	0.19	1.0	0.99	1.0	0.84	0.91	0.99	0.86	0.99		0.85	1.0	0.84	0.91	0.84	0.64	0.88	1.0	0.99	1.0
Net Invested Capital	1.0	-0.77	0.86	0.93	0.53	0.83	0.29	0.86	0.88	0.81	1.0	0.97	0.81	0.97	0.79	0.85		0.86	0.99	0.97	0.99	0.86	0.96	0.83	0.78	0.83
Short Long Term Debt	0.87	-0.7	0.99	0.77	0.42	0.8	0.2	1.0	1.0	0.99	0.86	0.92	0.99	0.87	0.98	1.0	0.86		0.86	0.92	0.86	0.68	0.89	1.0	0.98	1.0
Total Current Assets	0.99	-0.83	0.86	0.96	0.59	0.85	0.34	0.85	0.88	0.8	0.98	0.95	0.8	0.97	0.78	0.84	0.99	0.86		0.95	0.99	0.89	0.94	0.81	0.76	0.82
Capital Stock	0.97	-0.66	0.91	0.84	0.35	0.81	0.3	0.92	0.93	0.89	0.97	1.0	0.91	0.92	0.87	0.91	0.97	0.92	0.95		0.94	0.76	0.96	0.91	0.88	0.91
Non Current Liabilities Other	0.99	-0.82	0.86	0.94	0.62	0.84	0.19	0.86	0.88	0.81	0.99	0.94	0.8	0.99	0.8	0.84	0.99	0.86	0.99	0.94		0.85	0.97	0.82	0.77	0.83
Net Working Capital	0.82	-0.78	0.67	0.98	0.75	0.6	0.54	0.67	0.72	0.57	0.83	0.76	0.58	0.79	0.54	0.64	0.86	0.68	0.89	0.76	0.85		0.71	0.61	0.53	0.62
Intangible Assets	0.97	-0.71	0.88	0.83	0.45	0.83	0.06	0.89	0.89	0.86	0.98	0.96	0.85	0.98	0.86	0.88	0.96	0.89	0.94	0.96	0.97	0.71		0.86	0.84	0.87
Property Plant And Equipment Net	0.84	-0.63	0.99	0.7	0.34	0.78	0.17	1.0	0.99	1.0	0.83	0.91	1.0	0.83	0.99	1.0	0.83	1.0	0.81	0.91	0.82	0.61	0.86		1.0	1.0
Capital Lease Obligations	0.8	-0.58	0.97	0.63	0.27	0.76	0.12	0.98	0.97	0.99	0.79	0.88	1.0	0.79	0.99	0.99	0.78	0.98	0.76	0.88	0.77	0.53	0.84	1.0		0.99
Property Plant And Equipment Gross	0.85	-0.64	0.99	0.71	0.35	0.78	0.18	1.0	0.99	0.99	0.83	0.91	1.0	0.83	0.99	1.0	0.83	1.0	0.82	0.91	0.83	0.62	0.87	1.0	0.99

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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.

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Shenzhen Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

Shenzhen Longsys fundamental ratios Correlations

Shenzhen Longsys Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Accounts Payable	- 0.88	Other Current Liab
Total Stockholder Equity	- 0.84	Other Current Liab
Total Current Assets	- 0.83	Other Current Liab
Inventory	- 0.83	Other Current Liab
Non Current Liabilities Other	- 0.82	Other Current Liab
Retained Earnings	- 0.82	Other Current Liab