Cambricon Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

688256 Stock   561.00  14.97  2.74%   
Cambricon Technologies financial indicator trend analysis is way more than just evaluating Cambricon Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cambricon Technologies is a good investment. Please check the relationship between Cambricon Technologies Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambricon Technologies Corp. 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 Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambricon Technologies Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cambricon Technologies' Total Stockholder Equity and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Cambricon Technologies Corp, assuming nothing else is changed. The correlation between historical values of Cambricon Technologies' Total Stockholder Equity and Common Stock Shares Outstanding 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 Stockholder Equity of Cambricon Technologies Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Cambricon Technologies' Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Cambricon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cambricon Technologies 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 Cambricon Technologies Corp. 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 November 29, 2024, Selling General Administrative is expected to decline to about 57.9 M. In addition to that, Tax Provision is expected to decline to about 3.1 M
 2021 2022 2023 2024 (projected)
Interest Income59.5M50.5M48.5M30.0M
Net Interest Income56.0M46.3M45.0M28.2M

Cambricon Technologies fundamental ratios Correlations

-0.38-0.030.980.90.98-0.760.940.910.790.690.860.80.850.920.880.790.460.230.960.980.990.980.940.950.83
-0.380.92-0.54-0.49-0.540.48-0.54-0.33-0.45-0.3-0.46-0.44-0.5-0.09-0.42-0.45-0.20.79-0.4-0.54-0.35-0.53-0.48-0.57-0.47
-0.030.92-0.22-0.13-0.220.14-0.2-0.01-0.12-0.07-0.09-0.11-0.150.23-0.12-0.14-0.120.95-0.06-0.22-0.01-0.22-0.15-0.27-0.12
0.98-0.54-0.220.891.0-0.760.950.880.780.670.850.790.850.870.870.790.470.050.951.00.970.990.940.980.82
0.9-0.49-0.130.890.89-0.910.950.920.840.690.980.870.990.720.870.80.370.120.90.890.870.870.890.850.94
0.98-0.54-0.221.00.89-0.760.960.880.790.660.850.80.840.870.870.790.460.050.961.00.970.990.940.990.82
-0.760.480.14-0.76-0.91-0.76-0.84-0.73-0.84-0.44-0.96-0.91-0.94-0.64-0.6-0.72-0.01-0.03-0.83-0.77-0.71-0.72-0.73-0.78-0.97
0.94-0.54-0.20.950.950.96-0.840.930.870.620.90.890.910.810.870.810.470.060.950.950.910.930.940.950.86
0.91-0.33-0.010.880.920.88-0.730.930.690.710.830.740.870.780.890.650.630.260.870.880.910.890.850.830.75
0.79-0.45-0.120.780.840.79-0.840.870.690.460.860.970.80.710.710.930.10.10.870.790.710.720.890.810.87
0.69-0.3-0.070.670.690.66-0.440.620.710.460.650.50.650.50.880.670.40.20.640.670.70.70.670.590.61
0.86-0.46-0.090.850.980.85-0.960.90.830.860.650.910.980.720.780.820.160.130.90.850.830.820.850.830.99
0.8-0.44-0.110.790.870.8-0.910.890.740.970.50.910.850.720.690.880.050.10.910.80.730.730.840.830.92
0.85-0.5-0.150.850.990.84-0.940.910.870.80.650.980.850.660.80.740.290.080.850.850.820.820.820.810.95
0.92-0.090.230.870.720.87-0.640.810.780.710.50.720.720.660.690.670.320.450.910.870.920.850.810.870.69
0.88-0.42-0.120.870.870.87-0.60.870.890.710.880.780.690.80.690.820.60.180.820.870.880.880.920.80.72
0.79-0.45-0.140.790.80.79-0.720.810.650.930.670.820.880.740.670.820.120.110.840.790.730.740.910.790.83
0.46-0.2-0.120.470.370.46-0.010.470.630.10.40.160.050.290.320.60.120.070.30.460.50.520.460.370.03
0.230.790.950.050.120.05-0.030.060.260.10.20.130.10.080.450.180.110.070.190.050.250.050.13-0.020.09
0.96-0.4-0.060.950.90.96-0.830.950.870.870.640.90.910.850.910.820.840.30.190.950.940.930.920.960.88
0.98-0.54-0.221.00.891.0-0.770.950.880.790.670.850.80.850.870.870.790.460.050.950.970.990.940.980.82
0.99-0.35-0.010.970.870.97-0.710.910.910.710.70.830.730.820.920.880.730.50.250.940.970.980.910.930.78
0.98-0.53-0.220.990.870.99-0.720.930.890.720.70.820.730.820.850.880.740.520.050.930.990.980.920.970.78
0.94-0.48-0.150.940.890.94-0.730.940.850.890.670.850.840.820.810.920.910.460.130.920.940.910.920.920.81
0.95-0.57-0.270.980.850.99-0.780.950.830.810.590.830.830.810.870.80.790.37-0.020.960.980.930.970.920.82
0.83-0.47-0.120.820.940.82-0.970.860.750.870.610.990.920.950.690.720.830.030.090.880.820.780.780.810.82
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Cambricon Technologies Account Relationship Matchups

Cambricon Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B7.3B7.0B5.8B6.4B5.5B
Other Current Liab68.0M22.3M72.8M17.7K34.2K32.5K
Total Current Liabilities238.0M400.6M502.6M542.1M463.2M583.0M
Total Stockholder Equity4.4B6.4B5.9B4.9B5.6B4.4B
Other Liab83.0M74.0M477.5M464.6M534.3M561.0M
Net Tangible Assets4.2B6.2B5.6B4.9B5.6B3.9B
Retained Earnings(854.6M)(1.3B)(2.1B)(3.4B)(4.2B)(4.0B)
Accounts Payable71.2M238.6M176.6M230.4M237.2M150.8M
Cash383.3M4.9B2.9B2.5B4.0B2.5B
Non Current Assets Total217.2M432.2M818.3M1.5B770.5M606.9M
Non Currrent Assets Other3.8M17.2M28.9M6.7M12.6M13.0M
Other Assets11.1M10.7M27.0M41.3M47.5M49.9M
Net Receivables77.3M207.6M478.0M765.6M643.9M350.9M
Non Current Liabilities Total74.0M477.5M506.3M288.5M225.3M267.9M
Inventory51.1M90.6M287.0M287.1M99.4M128.9M
Other Current Assets33.8M1.7B150.0M36.6M36.5M34.7M
Total Liab312.0M878.0M1.0B830.6M688.5M777.8M
Deferred Long Term Liab4.0M6.9M9.8M12.4M14.2M7.3M
Net Invested Capital4.4B6.4B5.9B4.9B5.7B4.4B
Total Current Assets4.5B6.9B6.2B4.3B5.6B4.9B
Net Working Capital4.2B6.5B5.7B3.7B5.2B4.1B
Intangible Assets119.2M260.9M261.0M291.1M149.9M176.1M
Property Plant Equipment40.9M86.0M135.6M378.4M435.1M456.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Cambricon Stock

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