Leaguer Common Stock Shares Outstanding vs Non Current Assets Total Analysis

688589 Stock   28.51  0.26  0.92%   
Leaguer Shenzhen financial indicator trend analysis is infinitely more than just investigating Leaguer Shenzhen Mic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leaguer Shenzhen Mic is a good investment. Please check the relationship between Leaguer Shenzhen Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leaguer Shenzhen MicroElectronics. 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.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leaguer Shenzhen Mic Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Leaguer Shenzhen's Common Stock Shares Outstanding and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Leaguer Shenzhen MicroElectronics, assuming nothing else is changed. The correlation between historical values of Leaguer Shenzhen's Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Leaguer Shenzhen MicroElectronics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Leaguer Shenzhen's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Leaguer Shenzhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leaguer Shenzhen Mic 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 Leaguer Shenzhen MicroElectronics. 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 13.4 M, whereas Selling General Administrative is forecasted to decline to about 41.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit149.7M208.1M242.8M159.0M
Total Revenue360.1M503.8M579.2M354.9M

Leaguer Shenzhen fundamental ratios Correlations

0.380.790.99-0.680.980.990.760.790.960.920.90.70.940.650.80.650.380.820.841.01.00.990.810.990.92
0.380.660.42-0.270.460.370.53-0.060.480.60.380.630.44-0.220.72-0.23-0.150.090.440.320.370.30.060.360.49
0.790.660.79-0.770.790.810.960.470.830.90.810.960.790.360.880.370.40.680.740.740.790.710.590.740.83
0.990.420.79-0.681.00.970.760.770.930.920.880.710.970.590.780.590.330.780.790.990.990.980.771.00.88
-0.68-0.27-0.77-0.68-0.69-0.74-0.72-0.53-0.55-0.58-0.58-0.85-0.68-0.37-0.58-0.4-0.81-0.6-0.36-0.65-0.69-0.65-0.49-0.65-0.51
0.980.460.791.0-0.690.950.760.710.920.920.850.720.970.510.770.520.30.720.770.970.980.970.710.990.86
0.990.370.810.97-0.740.950.760.780.950.90.90.750.90.660.80.670.490.840.820.980.990.970.810.950.9
0.760.530.960.76-0.720.760.760.440.80.890.780.90.770.360.770.360.350.660.740.710.760.690.550.720.82
0.79-0.060.470.77-0.530.710.780.440.710.60.850.410.760.940.570.940.410.920.570.810.790.820.960.770.6
0.960.480.830.93-0.550.920.950.80.710.970.930.70.870.630.860.630.260.820.950.940.950.930.80.920.98
0.920.60.90.92-0.580.920.90.890.60.970.90.780.890.480.860.480.180.740.90.890.910.880.70.90.95
0.90.380.810.88-0.580.850.90.780.850.930.90.720.870.780.840.780.290.940.830.880.890.870.930.860.87
0.70.630.960.71-0.850.720.750.90.410.70.780.720.720.290.770.310.530.610.570.640.70.620.490.640.68
0.940.440.790.97-0.680.970.90.770.760.870.890.870.720.550.750.550.240.740.690.930.940.930.740.960.79
0.65-0.220.360.59-0.370.510.660.360.940.630.480.780.290.550.461.00.410.930.570.670.640.670.950.590.55
0.80.720.880.78-0.580.770.80.770.570.860.860.840.770.750.460.460.250.710.80.760.790.740.680.740.85
0.65-0.230.370.59-0.40.520.670.360.940.630.480.780.310.551.00.460.440.930.560.670.650.670.950.590.55
0.38-0.150.40.33-0.810.30.490.350.410.260.180.290.530.240.410.250.440.470.160.380.390.380.360.30.26
0.820.090.680.78-0.60.720.840.660.920.820.740.940.610.740.930.710.930.470.740.820.820.810.980.760.76
0.840.440.740.79-0.360.770.820.740.570.950.90.830.570.690.570.80.560.160.740.830.830.810.720.780.98
1.00.320.740.99-0.650.970.980.710.810.940.890.880.640.930.670.760.670.380.820.831.01.00.810.990.89
1.00.370.790.99-0.690.980.990.760.790.950.910.890.70.940.640.790.650.390.820.831.00.990.80.990.9
0.990.30.710.98-0.650.970.970.690.820.930.880.870.620.930.670.740.670.380.810.811.00.990.810.990.88
0.810.060.590.77-0.490.710.810.550.960.80.70.930.490.740.950.680.950.360.980.720.810.80.810.760.72
0.990.360.741.0-0.650.990.950.720.770.920.90.860.640.960.590.740.590.30.760.780.990.990.990.760.86
0.920.490.830.88-0.510.860.90.820.60.980.950.870.680.790.550.850.550.260.760.980.890.90.880.720.86
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Leaguer Shenzhen Account Relationship Matchups

Leaguer Shenzhen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets376.2M805.2M961.1M1.0B1.4B822.0M
Other Current Liab2.7M3.6M11.8M32.5M200.2K190.2K
Total Current Liabilities112.2M87.3M197.7M205.6M141.8M145.4M
Total Stockholder Equity262.7M716.0M746.3M816.4M1.0B624.3M
Other Liab2.3M1.3M1.9M3.0M2.7M2.6M
Net Tangible Assets258.9M705.7M728.6M771.5M887.2M527.3M
Retained Earnings102.8M130.6M157.6M185.8M258.1M147.4M
Accounts Payable67.7M58.7M149.1M109.6M92.2M94.8M
Cash74.4M435.1M179.9M301.8M896.5M941.3M
Non Current Assets Total39.9M55.7M114.2M123.7M150.2M88.9M
Non Currrent Assets Other1.2M7.2M31.1M29.9M27.6M15.3M
Other Assets12.1M21.3M55.8M67.0M77.1M80.9M
Net Receivables203.5M136.5M227.0M249.5M155.6M190.0M
Non Current Liabilities Total1.3M1.9M17.2M12.4M293.2M307.9M
Inventory52.6M57.9M75.8M112.5M88.3M80.9M
Other Current Assets5.9M1.9M5.7M3.6M95.0M99.8M
Other Stockholder Equity(813K)(770.7K)(867.8K)(900.7K)(810.6K)(851.1K)
Total Liab113.5M89.2M214.8M218.1M435.0M456.8M
Deferred Long Term Liab6.7M6.1M5.8M9.2M10.5M7.6M
Net Invested Capital265.1M716.0M750.3M829.2M1.3B675.8M
Total Current Assets336.3M749.5M846.9M910.8M1.3B733.6M
Net Working Capital224.1M662.2M649.3M705.1M1.2B588.2M
Intangible Assets3.8M10.3M17.7M24.6M53.3M56.0M
Property Plant Equipment26.4M24.0M24.1M40.7M46.8M30.6M

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Other Information on Investing in Leaguer Stock

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