Shanghai Total Current Assets vs Property Plant And Equipment Gross Analysis

688217 Stock

20.89 0.14 0.67%

Shanghai Rightongene financial indicator trend analysis is much more than just breaking down Shanghai Rightongene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Rightongene is a good investment. Please check the relationship between Shanghai Rightongene Total Current Assets and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Rightongene Biotechnology. 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 Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Rightongene Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shanghai Rightongene's Total Current Assets and Property Plant And Equipment Gross is 0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Shanghai Rightongene Biotechnology, assuming nothing else is changed. The correlation between historical values of Shanghai Rightongene's Total Current Assets and Property Plant And Equipment Gross 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 Shanghai Rightongene Biotechnology are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Shanghai Rightongene's Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Property Plant And Equipment Gross

Most indicators from Shanghai Rightongene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Rightongene 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 Shanghai Rightongene Biotechnology. 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 Selling General Administrative is expected to grow to about 91.4 M, whereas Tax Provision is projected to grow to (4.4 M).

	2021	2022	2023	2024 (projected)
Interest Income	2.6M	2.2M	3.8M	2.8M
Net Interest Income	2.0M	1.6M	2.9M	2.2M

Interest Income Net Interest Income

Shanghai Rightongene 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	Good Will	Common Stock Shares Outstanding	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	Short Long Term Debt	Non Current Liabilities Other
Total Assets		-0.99	0.62	1.0	0.99	0.28	0.82	0.97	-0.1	0.79	0.45	0.98	0.9	0.82	-0.97	0.85	0.99	0.97	0.98	0.97	0.78	0.89	-0.59	0.91	0.89	0.64
Other Current Liab	-0.99		-0.59	-0.99	-0.99	-0.23	-0.78	-0.94	0.12	-0.76	-0.57	-0.97	-0.89	-0.73	0.96	-0.83	-0.98	-0.97	-0.97	-0.98	-0.81	-0.84	0.63	-0.86	-0.85	-0.65
Total Current Liabilities	0.62	-0.59		0.55	0.6	0.9	0.92	0.52	0.46	0.96	0.11	0.51	0.41	0.58	-0.64	0.91	0.54	0.68	0.51	0.58	0.09	0.47	0.18	0.48	0.26	0.84
Total Stockholder Equity	1.0	-0.99	0.55		0.98	0.21	0.76	0.96	-0.13	0.74	0.45	0.99	0.89	0.81	-0.97	0.8	1.0	0.96	0.99	0.97	0.8	0.89	-0.67	0.91	0.91	0.6
Retained Earnings	0.99	-0.99	0.6	0.98		0.23	0.81	0.98	-0.14	0.77	0.5	0.96	0.93	0.8	-0.94	0.85	0.99	0.94	0.96	0.94	0.8	0.89	-0.57	0.91	0.88	0.58
Accounts Payable	0.28	-0.23	0.9	0.21	0.23		0.68	0.15	0.71	0.78	-0.22	0.19	0.0	0.39	-0.36	0.66	0.2	0.39	0.19	0.28	-0.33	0.16	0.45	0.17	-0.07	0.71
Cash	0.82	-0.78	0.92	0.76	0.81	0.68		0.78	0.11	0.97	0.2	0.71	0.72	0.76	-0.76	0.99	0.75	0.8	0.71	0.72	0.44	0.75	-0.06	0.75	0.57	0.78
Non Current Assets Total	0.97	-0.94	0.52	0.96	0.98	0.15	0.78		-0.28	0.71	0.37	0.93	0.97	0.86	-0.87	0.81	0.97	0.87	0.93	0.88	0.84	0.96	-0.57	0.97	0.94	0.49
Non Currrent Assets Other	-0.1	0.12	0.46	-0.13	-0.14	0.71	0.11	-0.28		0.29	-0.14	-0.12	-0.43	-0.04	-0.09	0.14	-0.15	0.09	-0.12	0.02	-0.67	-0.32	0.47	-0.31	-0.44	0.26
Net Receivables	0.79	-0.76	0.96	0.74	0.77	0.78	0.97	0.71	0.29		0.17	0.71	0.61	0.73	-0.79	0.97	0.73	0.83	0.71	0.75	0.32	0.67	-0.06	0.68	0.5	0.86
Good Will	0.45	-0.57	0.11	0.45	0.5	-0.22	0.2	0.37	-0.14	0.17		0.43	0.47	-0.12	-0.47	0.29	0.44	0.49	0.43	0.52	0.57	0.13	-0.47	0.15	0.26	0.24
Common Stock Shares Outstanding	0.98	-0.97	0.51	0.99	0.96	0.19	0.71	0.93	-0.12	0.71	0.43		0.84	0.79	-0.97	0.75	0.99	0.96	1.0	0.98	0.79	0.87	-0.72	0.88	0.91	0.61
Non Current Liabilities Total	0.9	-0.89	0.41	0.89	0.93	0.0	0.72	0.97	-0.43	0.61	0.47	0.84		0.75	-0.76	0.75	0.9	0.77	0.84	0.78	0.9	0.92	-0.54	0.92	0.9	0.36
Inventory	0.82	-0.73	0.58	0.81	0.8	0.39	0.76	0.86	-0.04	0.73	-0.12	0.79	0.75		-0.74	0.75	0.82	0.73	0.79	0.71	0.52	0.94	-0.32	0.94	0.83	0.43
Other Current Assets	-0.97	0.96	-0.64	-0.97	-0.94	-0.36	-0.76	-0.87	-0.09	-0.79	-0.47	-0.97	-0.76	-0.74		-0.8	-0.96	-1.0	-0.97	-1.0	-0.66	-0.77	0.61	-0.79	-0.79	-0.71
Total Liab	0.85	-0.83	0.91	0.8	0.85	0.66	0.99	0.81	0.14	0.97	0.29	0.75	0.75	0.75	-0.8		0.79	0.84	0.75	0.77	0.47	0.75	-0.11	0.76	0.59	0.77
Net Invested Capital	0.99	-0.98	0.54	1.0	0.99	0.2	0.75	0.97	-0.15	0.73	0.44	0.99	0.9	0.82	-0.96	0.79		0.96	0.99	0.97	0.81	0.9	-0.67	0.92	0.92	0.58
Total Current Assets	0.97	-0.97	0.68	0.96	0.94	0.39	0.8	0.87	0.09	0.83	0.49	0.96	0.77	0.73	-1.0	0.84	0.96		0.96	0.99	0.66	0.77	-0.58	0.79	0.77	0.75
Capital Stock	0.98	-0.97	0.51	0.99	0.96	0.19	0.71	0.93	-0.12	0.71	0.43	1.0	0.84	0.79	-0.97	0.75	0.99	0.96		0.98	0.79	0.87	-0.72	0.88	0.91	0.61
Net Working Capital	0.97	-0.98	0.58	0.97	0.94	0.28	0.72	0.88	0.02	0.75	0.52	0.98	0.78	0.71	-1.0	0.77	0.97	0.99	0.98		0.72	0.77	-0.67	0.79	0.81	0.69
Intangible Assets	0.78	-0.81	0.09	0.8	0.8	-0.33	0.44	0.84	-0.67	0.32	0.57	0.79	0.9	0.52	-0.66	0.47	0.81	0.66	0.79	0.72		0.77	-0.8	0.78	0.88	0.26
Property Plant And Equipment Net	0.89	-0.84	0.47	0.89	0.89	0.16	0.75	0.96	-0.32	0.67	0.13	0.87	0.92	0.94	-0.77	0.75	0.9	0.77	0.87	0.77	0.77		-0.5	1.0	0.95	0.4
Capital Lease Obligations	-0.59	0.63	0.18	-0.67	-0.57	0.45	-0.06	-0.57	0.47	-0.06	-0.47	-0.72	-0.54	-0.32	0.61	-0.11	-0.67	-0.58	-0.72	-0.67	-0.8	-0.5		-0.52	-0.75	-0.18
Property Plant And Equipment Gross	0.91	-0.86	0.48	0.91	0.91	0.17	0.75	0.97	-0.31	0.68	0.15	0.88	0.92	0.94	-0.79	0.76	0.92	0.79	0.88	0.79	0.78	1.0	-0.52		0.95	0.42
Short Long Term Debt	0.89	-0.85	0.26	0.91	0.88	-0.07	0.57	0.94	-0.44	0.5	0.26	0.91	0.9	0.83	-0.79	0.59	0.92	0.77	0.91	0.81	0.88	0.95	-0.75	0.95		0.33
Non Current Liabilities Other	0.64	-0.65	0.84	0.6	0.58	0.71	0.78	0.49	0.26	0.86	0.24	0.61	0.36	0.43	-0.71	0.77	0.58	0.75	0.61	0.69	0.26	0.4	-0.18	0.42	0.33

Click cells to compare fundamentals

Shanghai Rightongene Account Relationship Matchups

Currently Active Assets on Macroaxis

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft
HBI	Hanesbrands
STLD	Steel Dynamics

Other Information on Investing in Shanghai Stock

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

Shanghai Total Current Assets vs Property Plant And Equipment Gross Analysis

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Total Current Assets

Property Plant And Equipment Gross

Shanghai Rightongene fundamental ratios Correlations

Shanghai Rightongene Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Net Working Capital	- 1.0	Other Current Assets
Total Current Assets	- 1.0	Other Current Assets
Retained Earnings	- 0.99	Other Current Liab
Total Stockholder Equity	- 0.99	Other Current Liab
Other Current Liab	- 0.99	Total Assets
Net Working Capital	- 0.98	Other Current Liab