Sinocelltech Long Term Debt vs Capital Lease Obligations 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 Long Term Debt and its Capital Lease Obligations 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.

Long Term Debt vs Capital Lease Obligations

Long Term Debt vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Long Term Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sinocelltech's Long Term Debt and Capital Lease Obligations is 0.69. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Lease Obligations 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 Long Term Debt and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sinocelltech Group are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Long Term Debt i.e., Sinocelltech's Long Term Debt and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Sinocelltech Group has held for over one year. Long-term debt appears on Sinocelltech Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sinocelltech Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Capital Lease Obligations

Sinocelltech Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Sinocelltech asset purchases. For example, Sinocelltech can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Sinocelltech control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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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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 Long Term Debt vs Capital Lease Obligations Analysis

Long Term Debt vs Capital Lease Obligations

Long Term Debt vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Long Term Debt

Capital Lease Obligations

Sinocelltech fundamental ratios Correlations

Sinocelltech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

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