Sany Other Current Assets vs Deferred Long Term Liab Analysis

600031 Stock   17.79  0.11  0.61%   
Sany Heavy financial indicator trend analysis is much more than just breaking down Sany Heavy Industry prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sany Heavy Industry is a good investment. Please check the relationship between Sany Heavy Other Current Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sany Heavy Industry. 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.

Other Current Assets vs Deferred Long Term Liab

Other Current Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sany Heavy Industry Other Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sany Heavy's Other Current Assets and Deferred Long Term Liab is 0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Sany Heavy Industry, assuming nothing else is changed. The correlation between historical values of Sany Heavy's Other Current Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Sany Heavy Industry are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Assets i.e., Sany Heavy's Other Current Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Sany Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sany Heavy Industry 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 Sany Heavy Industry. 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 1.2 B, whereas Selling General Administrative is forecasted to decline to about 4.2 B.
 2022 2023 2024 2025 (projected)
Operating Income4.5B6.3B7.2B5.0B
Total Revenue80.8B74.0B85.1B89.4B

Sany Heavy fundamental ratios Correlations

0.240.960.990.910.950.670.420.90.980.870.990.730.740.730.980.960.920.720.86-0.310.010.750.730.890.59
0.240.360.210.390.23-0.060.340.310.34-0.160.240.00.470.380.210.140.070.10.220.18-0.180.210.090.20.13
0.960.360.960.970.920.440.460.950.960.750.940.650.710.590.960.940.910.750.9-0.14-0.130.830.730.920.63
0.990.210.960.920.940.610.410.920.980.850.980.710.710.671.00.970.950.770.88-0.27-0.050.780.710.910.59
0.910.390.970.920.850.330.410.960.930.670.880.590.630.470.940.910.890.810.9-0.01-0.240.880.660.920.57
0.950.230.920.940.850.620.410.840.940.870.950.610.720.690.920.890.870.680.81-0.27-0.020.750.760.860.62
0.67-0.060.440.610.330.620.250.360.580.780.710.610.560.830.560.550.490.220.35-0.610.420.160.460.410.3
0.420.340.460.410.410.410.250.280.40.180.430.620.720.440.390.270.370.40.40.3-0.150.510.330.370.35
0.90.310.950.920.960.840.360.280.910.710.880.510.50.440.940.960.880.710.94-0.21-0.070.810.760.960.67
0.980.340.960.980.930.940.580.40.910.820.960.620.730.680.970.940.90.770.87-0.23-0.120.780.690.90.58
0.87-0.160.750.850.670.870.780.180.710.820.880.610.490.60.830.850.820.630.71-0.440.140.570.670.770.46
0.990.240.940.980.880.950.710.430.880.960.880.740.750.760.960.940.90.670.83-0.340.060.710.740.870.59
0.730.00.650.710.590.610.610.620.510.620.610.740.70.590.710.640.750.550.51-0.050.00.540.410.530.3
0.740.470.710.710.630.720.560.720.50.730.490.750.70.840.670.560.590.490.46-0.04-0.150.480.370.480.3
0.730.380.590.670.470.690.830.440.440.680.60.760.590.840.620.560.490.250.41-0.480.280.230.40.440.3
0.980.210.961.00.940.920.560.390.940.970.830.960.710.670.620.980.960.780.9-0.24-0.060.810.720.920.6
0.960.140.940.970.910.890.550.270.960.940.850.940.640.560.560.980.940.730.91-0.330.040.770.760.940.64
0.920.070.910.950.890.870.490.370.880.90.820.90.750.590.490.960.940.850.87-0.09-0.090.840.620.880.49
0.720.10.750.770.810.680.220.40.710.770.630.670.550.490.250.780.730.850.770.27-0.420.870.360.760.26
0.860.220.90.880.90.810.350.40.940.870.710.830.510.460.410.90.910.870.77-0.140.040.890.780.990.71
-0.310.18-0.14-0.27-0.01-0.27-0.610.3-0.21-0.23-0.44-0.34-0.05-0.04-0.48-0.24-0.33-0.090.27-0.14-0.590.24-0.42-0.19-0.37
0.01-0.18-0.13-0.05-0.24-0.020.42-0.15-0.07-0.120.140.060.0-0.150.28-0.060.04-0.09-0.420.04-0.59-0.250.220.030.21
0.750.210.830.780.880.750.160.510.810.780.570.710.540.480.230.810.770.840.870.890.24-0.250.650.880.61
0.730.090.730.710.660.760.460.330.760.690.670.740.410.370.40.720.760.620.360.78-0.420.220.650.810.95
0.890.20.920.910.920.860.410.370.960.90.770.870.530.480.440.920.940.880.760.99-0.190.030.880.810.72
0.590.130.630.590.570.620.30.350.670.580.460.590.30.30.30.60.640.490.260.71-0.370.210.610.950.72
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Sany Heavy Account Relationship Matchups

Sany Heavy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets126.3B138.6B158.9B151.2B173.9B182.6B
Other Current Liab9.4B9.5B7.5B3.0B3.4B4.3B
Total Current Liabilities62.1B61.4B67.7B54.4B62.6B65.7B
Total Stockholder Equity56.6B63.7B65.1B68.0B78.2B82.2B
Accounts Payable32.2B28.6B28.9B22.7B26.1B27.4B
Cash12.6B14.8B21.3B18.1B20.8B21.8B
Long Term Debt4.5B9.6B21.6B23.6B27.1B28.4B
Net Receivables21.5B19.7B25.0B24.2B27.8B14.3B
Short Term Investments14.2B14.8B14.8B10.8B12.5B13.1B
Inventory19.2B18.5B19.7B19.8B22.7B23.9B
Other Current Assets4.2B3.7B19.4B19.6B22.6B23.7B
Total Liab68.1B73.5B92.8B82.0B94.3B99.1B
Intangible Assets3.3B4.4B4.9B5.1B5.9B6.2B
Common Stock7.8B8.4B8.5B8.5B9.8B10.3B
Property Plant Equipment12.7B11.7B14.6B20.9B24.0B25.2B
Retained Earnings45.2B52.5B49.2B52.1B59.9B62.9B
Other Assets1.8B7.4B12.6B15.9B18.3B19.2B
Other Liab1.3B1.6B1.5B2.3B2.6B2.8B
Good Will50.5M46.5M47.5M49.7M57.1M49.9M
Net Tangible Assets27.6B43.8B53.4B59.8B68.7B38.2B
Other Stockholder Equity(1.1B)(1.3B)(1.5B)(1.8B)(2.1B)(2.2B)
Deferred Long Term Liab175.3M129.8M173.4M540.5M486.4M264.6M
Short Long Term Debt8.9B8.3B11.1B9.6B11.0B8.5B
Total Current Assets91.7B93.7B105.8B97.6B112.3B76.4B
Non Current Assets Total34.8B44.8B53.2B53.6B61.6B37.9B
Non Currrent Assets Other189.5M355.1M364.8M148.5M170.8M201.4M
Non Current Liabilities Total6.0B12.0B25.1B27.6B31.8B33.3B
Non Current Liabilities Other220.6M231.3M228.1M210.3M241.8M199.9M
Common Stock Shares Outstanding8.5B8.5B8.5B8.5B9.8B9.1B
Net Invested Capital70.0B81.6B97.7B101.1B116.3B75.9B
Net Working Capital29.4B32.3B38.1B43.2B49.7B31.5B
Capital Stock8.5B8.5B8.5B8.5B9.8B9.2B
Property Plant And Equipment Net14.6B20.9B24.2B25.6B29.4B21.3B
Property Plant And Equipment Gross27.3B34.4B38.8B42.1B48.5B36.5B

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Other Information on Investing in Sany Stock

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