Suzhou Total Current Liabilities vs Retained Earnings 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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou UIGreen Micro Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suzhou UIGreen's Total Current Liabilities and Retained Earnings is 0.66. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities 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 Total Current Liabilities of Suzhou UIGreen Micro 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 Total Current Liabilities i.e., Suzhou UIGreen's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Suzhou UIGreen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Suzhou UIGreen Micro are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 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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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.