Suzhou Short Term Investments vs Intangible Assets Analysis

688661 Stock   37.41  0.38  1.01%   
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 Short Term Investments and its Intangible Assets 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.

Short Term Investments vs Intangible Assets

Short Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou UIGreen Micro Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suzhou UIGreen's Short Term Investments and Intangible Assets is 0.98. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Intangible Assets 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 Short Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Suzhou UIGreen Micro are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Investments i.e., Suzhou UIGreen's Short Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Suzhou UIGreen balance sheet. It contains any investments Suzhou UIGreen Micro undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Suzhou UIGreen Micro can easily liquidate in the marketplace.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Expense47.8K1.0M178.3K356.4K
Interest Income1.7M1.9M10.1M10.6M

Suzhou UIGreen fundamental ratios Correlations

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0.690.770.940.670.450.930.930.760.010.930.720.310.750.950.80.670.660.780.630.850.810.83-0.810.770.94
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Suzhou UIGreen Account Relationship Matchups

Currently Active Assets on Macroaxis

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.