Suzhou Capital Lease Obligations vs Net Invested Capital Analysis
688661 Stock | 34.76 0.14 0.40% |
Suzhou UIGreen financial indicator trend analysis is much more than just breaking down Suzhou UIGreen Micro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou UIGreen Micro is a good investment. Please check the relationship between Suzhou UIGreen Capital Lease Obligations and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou UIGreen Micro. 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.
Capital Lease Obligations vs Net Invested Capital
Capital Lease Obligations vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou UIGreen Micro Capital Lease Obligations account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suzhou UIGreen's Capital Lease Obligations and Net Invested Capital is 0.67. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Suzhou UIGreen Micro, assuming nothing else is changed. The correlation between historical values of Suzhou UIGreen's Capital Lease Obligations and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Suzhou UIGreen Micro are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Lease Obligations i.e., Suzhou UIGreen's Capital Lease Obligations and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Lease Obligations
Suzhou UIGreen Micro capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Suzhou UIGreen asset purchases. For example, Suzhou UIGreen can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Suzhou UIGreen 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.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Suzhou UIGreen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou UIGreen Micro 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 Suzhou UIGreen Micro. 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 (12.8 M). In addition to that, Selling General Administrative is expected to decline to about 20.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.8K | 1.0M | 178.3K | 356.4K | Interest Income | 1.7M | 1.9M | 10.1M | 10.6M |
Suzhou UIGreen fundamental ratios Correlations
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Suzhou UIGreen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the financial position of Suzhou UIGreen Micro at a specified time, usually calculated after every quarter, six months, or one year. Suzhou UIGreen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou UIGreen 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.