Sinocelltech Cash vs Accounts Payable Analysis

688520 Stock

39.05 0.64 1.67%

Sinocelltech financial indicator trend analysis is much more than just breaking down Sinocelltech Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinocelltech Group is a good investment. Please check the relationship between Sinocelltech Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinocelltech Group. 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.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Cash account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Sinocelltech's Cash and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sinocelltech Group, assuming nothing else is changed. The correlation between historical values of Sinocelltech's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Sinocelltech Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Sinocelltech's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Sinocelltech Group, which is listed under current asset account on Sinocelltech Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sinocelltech customers. The amounts must be unrestricted with restricted cash listed in a different Sinocelltech 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.

Accounts Payable

An accounting item on the balance sheet that represents Sinocelltech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sinocelltech Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Sinocelltech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinocelltech Group 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 Sinocelltech Group. 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 Selling General Administrative is expected to grow to about 487.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	33.7M	84.5M	111.5M	56.9M
Interest Income	4.7M	3.6M	7.0M	4.2M

Interest Expense Interest Income

Sinocelltech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	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		-0.55	0.95	-0.57	0.79	-0.92	0.77	0.67	0.93	0.3	0.91	0.93	0.95	0.94	0.58	0.97	0.97	0.87	0.96	0.93	0.9	-0.47	0.85	0.88	0.61	0.88
Other Current Liab	-0.55		-0.59	0.72	-0.91	0.74	-0.3	0.02	-0.63	0.46	-0.6	-0.71	-0.49	-0.54	-0.21	-0.57	-0.6	-0.87	-0.45	-0.71	-0.4	0.86	-0.87	-0.7	-0.95	-0.7
Total Current Liabilities	0.95	-0.59		-0.73	0.84	-0.91	0.58	0.44	1.0	0.13	0.97	0.94	0.92	0.97	0.52	0.99	0.96	0.91	0.84	0.94	0.85	-0.65	0.89	0.97	0.71	0.98
Total Stockholder Equity	-0.57	0.72	-0.73		-0.74	0.74	-0.29	0.16	-0.75	0.15	-0.77	-0.65	-0.69	-0.77	-0.56	-0.73	-0.56	-0.81	-0.39	-0.65	-0.4	0.91	-0.82	-0.8	-0.75	-0.8
Net Debt	0.79	-0.91	0.84	-0.74		-0.9	0.42	0.22	0.85	-0.28	0.85	0.93	0.69	0.75	0.32	0.8	0.86	0.97	0.67	0.93	0.72	-0.83	0.94	0.88	0.95	0.88
Retained Earnings	-0.92	0.74	-0.91	0.74	-0.9		-0.72	-0.48	-0.9	-0.15	-0.95	-0.95	-0.91	-0.9	-0.67	-0.93	-0.91	-0.95	-0.87	-0.95	-0.87	0.66	-0.91	-0.87	-0.74	-0.88
Accounts Payable	0.77	-0.3	0.58	-0.29	0.42	-0.72		0.83	0.53	0.69	0.58	0.57	0.82	0.66	0.78	0.68	0.62	0.56	0.89	0.57	0.68	-0.04	0.54	0.43	0.18	0.44
Cash	0.67	0.02	0.44	0.16	0.22	-0.48	0.83		0.39	0.69	0.4	0.47	0.59	0.45	0.42	0.51	0.59	0.29	0.83	0.47	0.71	0.31	0.26	0.26	-0.05	0.27
Non Current Assets Total	0.93	-0.63	1.0	-0.75	0.85	-0.9	0.53	0.39		0.06	0.96	0.94	0.89	0.97	0.48	0.98	0.95	0.92	0.81	0.94	0.81	-0.7	0.91	0.99	0.75	0.99
Non Currrent Assets Other	0.3	0.46	0.13	0.15	-0.28	-0.15	0.69	0.69	0.06		0.14	0.0	0.44	0.27	0.67	0.25	0.11	-0.11	0.46	0.0	0.33	0.53	-0.13	-0.08	-0.53	-0.07
Long Term Debt	0.91	-0.6	0.97	-0.77	0.85	-0.95	0.58	0.4	0.96	0.14		0.95	0.9	0.94	0.62	0.96	0.93	0.89	0.8	0.95	0.89	-0.67	0.85	0.93	0.69	0.94
Common Stock Shares Outstanding	0.93	-0.71	0.94	-0.65	0.93	-0.95	0.57	0.47	0.94	0.0	0.95		0.83	0.87	0.45	0.92	0.98	0.93	0.84	1.0	0.91	-0.66	0.89	0.92	0.79	0.92
Non Current Liabilities Total	0.95	-0.49	0.92	-0.69	0.69	-0.91	0.82	0.59	0.89	0.44	0.9	0.83		0.97	0.78	0.97	0.86	0.83	0.91	0.83	0.81	-0.47	0.82	0.83	0.51	0.84
Inventory	0.94	-0.54	0.97	-0.77	0.75	-0.9	0.66	0.45	0.97	0.27	0.94	0.87	0.97		0.65	0.99	0.89	0.87	0.84	0.87	0.78	-0.61	0.87	0.93	0.62	0.94
Other Current Assets	0.58	-0.21	0.52	-0.56	0.32	-0.67	0.78	0.42	0.48	0.67	0.62	0.45	0.78	0.65		0.63	0.43	0.48	0.61	0.45	0.55	-0.21	0.43	0.39	0.1	0.41
Total Liab	0.97	-0.57	0.99	-0.73	0.8	-0.93	0.68	0.51	0.98	0.25	0.96	0.92	0.97	0.99	0.63		0.94	0.9	0.88	0.92	0.85	-0.6	0.88	0.94	0.65	0.95
Net Invested Capital	0.97	-0.6	0.96	-0.56	0.86	-0.91	0.62	0.59	0.95	0.11	0.93	0.98	0.86	0.89	0.43	0.94		0.89	0.9	0.98	0.93	-0.55	0.85	0.91	0.7	0.92
Short Long Term Debt	0.87	-0.87	0.91	-0.81	0.97	-0.95	0.56	0.29	0.92	-0.11	0.89	0.93	0.83	0.87	0.48	0.9	0.89		0.76	0.93	0.73	-0.82	0.99	0.93	0.9	0.93
Total Current Assets	0.96	-0.45	0.84	-0.39	0.67	-0.87	0.89	0.83	0.81	0.46	0.8	0.84	0.91	0.84	0.61	0.88	0.9	0.76		0.84	0.89	-0.26	0.74	0.72	0.45	0.73
Capital Stock	0.93	-0.71	0.94	-0.65	0.93	-0.95	0.57	0.47	0.94	0.0	0.95	1.0	0.83	0.87	0.45	0.92	0.98	0.93	0.84		0.91	-0.66	0.89	0.92	0.79	0.92
Non Current Liabilities Other	0.9	-0.4	0.85	-0.4	0.72	-0.87	0.68	0.71	0.81	0.33	0.89	0.91	0.81	0.78	0.55	0.85	0.93	0.73	0.89	0.91		-0.32	0.65	0.73	0.47	0.74
Net Working Capital	-0.47	0.86	-0.65	0.91	-0.83	0.66	-0.04	0.31	-0.7	0.53	-0.67	-0.66	-0.47	-0.61	-0.21	-0.6	-0.55	-0.82	-0.26	-0.66	-0.32		-0.82	-0.79	-0.92	-0.79
Intangible Assets	0.85	-0.87	0.89	-0.82	0.94	-0.91	0.54	0.26	0.91	-0.13	0.85	0.89	0.82	0.87	0.43	0.88	0.85	0.99	0.74	0.89	0.65	-0.82		0.93	0.9	0.93
Property Plant And Equipment Net	0.88	-0.7	0.97	-0.8	0.88	-0.87	0.43	0.26	0.99	-0.08	0.93	0.92	0.83	0.93	0.39	0.94	0.91	0.93	0.72	0.92	0.73	-0.79	0.93		0.83	1.0
Capital Lease Obligations	0.61	-0.95	0.71	-0.75	0.95	-0.74	0.18	-0.05	0.75	-0.53	0.69	0.79	0.51	0.62	0.1	0.65	0.7	0.9	0.45	0.79	0.47	-0.92	0.9	0.83		0.82
Property Plant And Equipment Gross	0.88	-0.7	0.98	-0.8	0.88	-0.88	0.44	0.27	0.99	-0.07	0.94	0.92	0.84	0.94	0.41	0.95	0.92	0.93	0.73	0.92	0.74	-0.79	0.93	1.0	0.82

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Sinocelltech Account Relationship Matchups

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Other Information on Investing in Sinocelltech Stock

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

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Sinocelltech Cash vs Accounts Payable Analysis

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash

Accounts Payable

Sinocelltech fundamental ratios Correlations

Sinocelltech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Sinocelltech Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Capital Stock	- 0.95	Retained Earnings
Short Long Term Debt	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Long Term Debt	- 0.95	Retained Earnings
Capital Lease Obligations	- 0.95	Other Current Liab
Total Liab	- 0.93	Retained Earnings