Leaguer Net Invested Capital vs Retained Earnings 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 Net Invested Capital and its Retained Earnings 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.

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leaguer Shenzhen Mic Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Leaguer Shenzhen's Net Invested Capital and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings 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 Net Invested Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Leaguer Shenzhen MicroElectronics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., Leaguer Shenzhen's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Profit	149.7M	208.1M	242.8M	159.0M
Total Revenue	360.1M	503.8M	579.2M	354.9M

Gross Profit Total Revenue

Leaguer Shenzhen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.38	0.79	0.99	-0.68	0.98	0.99	0.76	0.79	0.96	0.92	0.9	0.7	0.94	0.65	0.8	0.65	0.38	0.82	0.84	1.0	1.0	0.99	0.81	0.99	0.92
Other Current Liab	0.38		0.66	0.42	-0.27	0.46	0.37	0.53	-0.06	0.48	0.6	0.38	0.63	0.44	-0.22	0.72	-0.23	-0.15	0.09	0.44	0.32	0.37	0.3	0.06	0.36	0.49
Total Current Liabilities	0.79	0.66		0.79	-0.77	0.79	0.81	0.96	0.47	0.83	0.9	0.81	0.96	0.79	0.36	0.88	0.37	0.4	0.68	0.74	0.74	0.79	0.71	0.59	0.74	0.83
Total Stockholder Equity	0.99	0.42	0.79		-0.68	1.0	0.97	0.76	0.77	0.93	0.92	0.88	0.71	0.97	0.59	0.78	0.59	0.33	0.78	0.79	0.99	0.99	0.98	0.77	1.0	0.88
Other Liab	-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
Net Tangible Assets	0.98	0.46	0.79	1.0	-0.69		0.95	0.76	0.71	0.92	0.92	0.85	0.72	0.97	0.51	0.77	0.52	0.3	0.72	0.77	0.97	0.98	0.97	0.71	0.99	0.86
Retained Earnings	0.99	0.37	0.81	0.97	-0.74	0.95		0.76	0.78	0.95	0.9	0.9	0.75	0.9	0.66	0.8	0.67	0.49	0.84	0.82	0.98	0.99	0.97	0.81	0.95	0.9
Accounts Payable	0.76	0.53	0.96	0.76	-0.72	0.76	0.76		0.44	0.8	0.89	0.78	0.9	0.77	0.36	0.77	0.36	0.35	0.66	0.74	0.71	0.76	0.69	0.55	0.72	0.82
Cash	0.79	-0.06	0.47	0.77	-0.53	0.71	0.78	0.44		0.71	0.6	0.85	0.41	0.76	0.94	0.57	0.94	0.41	0.92	0.57	0.81	0.79	0.82	0.96	0.77	0.6
Non Current Assets Total	0.96	0.48	0.83	0.93	-0.55	0.92	0.95	0.8	0.71		0.97	0.93	0.7	0.87	0.63	0.86	0.63	0.26	0.82	0.95	0.94	0.95	0.93	0.8	0.92	0.98
Non Currrent Assets Other	0.92	0.6	0.9	0.92	-0.58	0.92	0.9	0.89	0.6	0.97		0.9	0.78	0.89	0.48	0.86	0.48	0.18	0.74	0.9	0.89	0.91	0.88	0.7	0.9	0.95
Other Assets	0.9	0.38	0.81	0.88	-0.58	0.85	0.9	0.78	0.85	0.93	0.9		0.72	0.87	0.78	0.84	0.78	0.29	0.94	0.83	0.88	0.89	0.87	0.93	0.86	0.87
Net Receivables	0.7	0.63	0.96	0.71	-0.85	0.72	0.75	0.9	0.41	0.7	0.78	0.72		0.72	0.29	0.77	0.31	0.53	0.61	0.57	0.64	0.7	0.62	0.49	0.64	0.68
Common Stock Shares Outstanding	0.94	0.44	0.79	0.97	-0.68	0.97	0.9	0.77	0.76	0.87	0.89	0.87	0.72		0.55	0.75	0.55	0.24	0.74	0.69	0.93	0.94	0.93	0.74	0.96	0.79
Non Current Liabilities Total	0.65	-0.22	0.36	0.59	-0.37	0.51	0.66	0.36	0.94	0.63	0.48	0.78	0.29	0.55		0.46	1.0	0.41	0.93	0.57	0.67	0.64	0.67	0.95	0.59	0.55
Inventory	0.8	0.72	0.88	0.78	-0.58	0.77	0.8	0.77	0.57	0.86	0.86	0.84	0.77	0.75	0.46		0.46	0.25	0.71	0.8	0.76	0.79	0.74	0.68	0.74	0.85
Other Current Assets	0.65	-0.23	0.37	0.59	-0.4	0.52	0.67	0.36	0.94	0.63	0.48	0.78	0.31	0.55	1.0	0.46		0.44	0.93	0.56	0.67	0.65	0.67	0.95	0.59	0.55
Other Stockholder Equity	0.38	-0.15	0.4	0.33	-0.81	0.3	0.49	0.35	0.41	0.26	0.18	0.29	0.53	0.24	0.41	0.25	0.44		0.47	0.16	0.38	0.39	0.38	0.36	0.3	0.26
Total Liab	0.82	0.09	0.68	0.78	-0.6	0.72	0.84	0.66	0.92	0.82	0.74	0.94	0.61	0.74	0.93	0.71	0.93	0.47		0.74	0.82	0.82	0.81	0.98	0.76	0.76
Deferred Long Term Liab	0.84	0.44	0.74	0.79	-0.36	0.77	0.82	0.74	0.57	0.95	0.9	0.83	0.57	0.69	0.57	0.8	0.56	0.16	0.74		0.83	0.83	0.81	0.72	0.78	0.98
Net Invested Capital	1.0	0.32	0.74	0.99	-0.65	0.97	0.98	0.71	0.81	0.94	0.89	0.88	0.64	0.93	0.67	0.76	0.67	0.38	0.82	0.83		1.0	1.0	0.81	0.99	0.89
Total Current Assets	1.0	0.37	0.79	0.99	-0.69	0.98	0.99	0.76	0.79	0.95	0.91	0.89	0.7	0.94	0.64	0.79	0.65	0.39	0.82	0.83	1.0		0.99	0.8	0.99	0.9
Net Working Capital	0.99	0.3	0.71	0.98	-0.65	0.97	0.97	0.69	0.82	0.93	0.88	0.87	0.62	0.93	0.67	0.74	0.67	0.38	0.81	0.81	1.0	0.99		0.81	0.99	0.88
Intangible Assets	0.81	0.06	0.59	0.77	-0.49	0.71	0.81	0.55	0.96	0.8	0.7	0.93	0.49	0.74	0.95	0.68	0.95	0.36	0.98	0.72	0.81	0.8	0.81		0.76	0.72
Common Stock	0.99	0.36	0.74	1.0	-0.65	0.99	0.95	0.72	0.77	0.92	0.9	0.86	0.64	0.96	0.59	0.74	0.59	0.3	0.76	0.78	0.99	0.99	0.99	0.76		0.86
Property Plant Equipment	0.92	0.49	0.83	0.88	-0.51	0.86	0.9	0.82	0.6	0.98	0.95	0.87	0.68	0.79	0.55	0.85	0.55	0.26	0.76	0.98	0.89	0.9	0.88	0.72	0.86

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Leaguer Shenzhen Account Relationship Matchups

Leaguer Shenzhen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	376.2M	805.2M	961.1M	1.0B	1.4B	822.0M
Other Current Liab	2.7M	3.6M	11.8M	32.5M	200.2K	190.2K
Total Current Liabilities	112.2M	87.3M	197.7M	205.6M	141.8M	145.4M
Total Stockholder Equity	262.7M	716.0M	746.3M	816.4M	1.0B	624.3M
Other Liab	2.3M	1.3M	1.9M	3.0M	2.7M	2.6M
Net Tangible Assets	258.9M	705.7M	728.6M	771.5M	887.2M	527.3M
Retained Earnings	102.8M	130.6M	157.6M	185.8M	258.1M	147.4M
Accounts Payable	67.7M	58.7M	149.1M	109.6M	92.2M	94.8M
Cash	74.4M	435.1M	179.9M	301.8M	896.5M	941.3M
Non Current Assets Total	39.9M	55.7M	114.2M	123.7M	150.2M	88.9M
Non Currrent Assets Other	1.2M	7.2M	31.1M	29.9M	27.6M	15.3M
Other Assets	12.1M	21.3M	55.8M	67.0M	77.1M	80.9M
Net Receivables	203.5M	136.5M	227.0M	249.5M	155.6M	190.0M
Non Current Liabilities Total	1.3M	1.9M	17.2M	12.4M	293.2M	307.9M
Inventory	52.6M	57.9M	75.8M	112.5M	88.3M	80.9M
Other Current Assets	5.9M	1.9M	5.7M	3.6M	95.0M	99.8M
Other Stockholder Equity	(813K)	(770.7K)	(867.8K)	(900.7K)	(810.6K)	(851.1K)
Total Liab	113.5M	89.2M	214.8M	218.1M	435.0M	456.8M
Deferred Long Term Liab	6.7M	6.1M	5.8M	9.2M	10.5M	7.6M
Net Invested Capital	265.1M	716.0M	750.3M	829.2M	1.3B	675.8M
Total Current Assets	336.3M	749.5M	846.9M	910.8M	1.3B	733.6M
Net Working Capital	224.1M	662.2M	649.3M	705.1M	1.2B	588.2M
Intangible Assets	3.8M	10.3M	17.7M	24.6M	53.3M	56.0M
Property Plant Equipment	26.4M	24.0M	24.1M	40.7M	46.8M	30.6M

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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.

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Leaguer Net Invested Capital vs Retained Earnings Analysis

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Invested Capital

Retained Earnings

Leaguer Shenzhen fundamental ratios Correlations

Leaguer Shenzhen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Leaguer Shenzhen fundamental ratios Accounts

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Other Information on Investing in Leaguer Stock

COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Other Current Assets	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Net Invested Capital

Net Receivables	- 0.85	Other Liab
Other Stockholder Equity	- 0.81	Other Liab
Other Liab	- 0.77	Total Current Liabilities
Retained Earnings	- 0.74	Other Liab
Accounts Payable	- 0.72	Other Liab
Total Current Assets	- 0.69	Other Liab