Sinocat Cash And Short Term Investments vs Short Term Debt Analysis

688737 Stock

19.85 1.19 6.38%

Sinocat Environmental financial indicator trend analysis is much more than just breaking down Sinocat Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinocat Environmental is a good investment. Please check the relationship between Sinocat Environmental Cash And Short Term Investments and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinocat Environmental Technology. 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.

Cash And Short Term Investments vs Short Term Debt

Cash And Short Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocat Environmental Cash And Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sinocat Environmental's Cash And Short Term Investments and Short Term Debt is -0.53. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Sinocat Environmental Technology, assuming nothing else is changed. The correlation between historical values of Sinocat Environmental's Cash And Short Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Sinocat Environmental Technology are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Sinocat Environmental's Cash And Short Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sinocat Environmental balance sheet. This account contains Sinocat Environmental investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sinocat Environmental Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Term Debt

Most indicators from Sinocat Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinocat Environmental 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 Sinocat Environmental Technology. 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 Selling General Administrative is expected to grow to about 59.7 M, whereas Tax Provision is projected to grow to (5.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	15.1M	4.3M	6.5M	12.4M
Depreciation And Amortization	23.7M	62.7M	72.1M	39.5M

Interest Expense Depreciation And Amortization

Sinocat Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Receivables	Net Invested Capital	Short Long Term Debt
Total Assets		-0.17	0.23	0.34	0.97	0.84	-0.51	0.88	0.5	0.7	0.88	0.79	0.91	0.9	0.15	0.91	-0.78	0.92	0.35	0.99	-0.24	0.92	0.99	0.76	0.98	-0.16
Short Long Term Debt Total	-0.17		0.75	0.55	-0.31	-0.5	0.39	0.22	-0.27	-0.17	-0.48	-0.61	-0.46	-0.38	0.78	-0.08	-0.19	-0.45	0.56	-0.08	1.0	-0.28	-0.28	0.38	-0.29	0.78
Other Current Liab	0.23	0.75		0.93	0.02	0.04	0.51	0.4	0.34	-0.21	0.03	-0.4	-0.08	0.17	0.46	0.48	-0.47	0.0	0.93	0.27	0.73	0.17	0.14	0.59	0.08	0.76
Total Current Liabilities	0.34	0.55	0.93		0.13	0.26	0.57	0.46	0.59	-0.27	0.22	-0.25	0.07	0.38	0.32	0.59	-0.41	0.17	1.0	0.36	0.52	0.29	0.28	0.67	0.21	0.79
Total Stockholder Equity	0.97	-0.31	0.02	0.13		0.83	-0.67	0.82	0.39	0.8	0.88	0.9	0.94	0.87	0.08	0.82	-0.73	0.93	0.13	0.96	-0.38	0.91	0.98	0.64	0.99	-0.36
Property Plant And Equipment Net	0.84	-0.5	0.04	0.26	0.83		-0.3	0.53	0.79	0.37	1.0	0.78	0.78	0.98	-0.25	0.86	-0.45	0.83	0.25	0.77	-0.54	0.92	0.9	0.42	0.83	-0.25
Net Debt	-0.51	0.39	0.51	0.57	-0.67	-0.3		-0.41	0.3	-0.94	-0.37	-0.79	-0.63	-0.27	-0.1	-0.19	0.41	-0.53	0.56	-0.52	0.43	-0.41	-0.53	-0.1	-0.58	0.75
Retained Earnings	0.88	0.22	0.4	0.46	0.82	0.53	-0.41		0.26	0.68	0.58	0.57	0.72	0.65	0.5	0.76	-0.85	0.72	0.47	0.92	0.15	0.72	0.81	0.92	0.84	0.14
Accounts Payable	0.5	-0.27	0.34	0.59	0.39	0.79	0.3	0.26		-0.21	0.73	0.29	0.36	0.78	-0.3	0.73	-0.24	0.46	0.58	0.42	-0.29	0.61	0.55	0.28	0.42	0.2
Cash	0.7	-0.17	-0.21	-0.27	0.8	0.37	-0.94	0.68	-0.21		0.45	0.78	0.74	0.4	0.31	0.4	-0.63	0.65	-0.26	0.74	-0.23	0.53	0.68	0.43	0.74	-0.53
Non Current Assets Total	0.88	-0.48	0.03	0.22	0.88	1.0	-0.37	0.58	0.73	0.45		0.82	0.82	0.98	-0.22	0.87	-0.5	0.86	0.22	0.81	-0.53	0.95	0.92	0.45	0.87	-0.29
Non Currrent Assets Other	0.79	-0.61	-0.4	-0.25	0.9	0.78	-0.79	0.57	0.29	0.78	0.82		0.87	0.75	-0.14	0.58	-0.47	0.84	-0.25	0.75	-0.66	0.79	0.84	0.31	0.86	-0.62
Cash And Short Term Investments	0.91	-0.46	-0.08	0.07	0.94	0.78	-0.63	0.72	0.36	0.74	0.82	0.87		0.82	-0.11	0.75	-0.65	0.99	0.08	0.9	-0.53	0.81	0.92	0.59	0.96	-0.43
Common Stock Shares Outstanding	0.9	-0.38	0.17	0.38	0.87	0.98	-0.27	0.65	0.78	0.4	0.98	0.75	0.82		-0.13	0.91	-0.54	0.87	0.38	0.85	-0.43	0.93	0.94	0.57	0.88	-0.14
Non Current Liabilities Total	0.15	0.78	0.46	0.32	0.08	-0.25	-0.1	0.5	-0.3	0.31	-0.22	-0.14	-0.11	-0.13		0.03	-0.29	-0.17	0.34	0.24	0.75	-0.09	0.06	0.51	0.05	0.54
Inventory	0.91	-0.08	0.48	0.59	0.82	0.86	-0.19	0.76	0.73	0.4	0.87	0.58	0.75	0.91	0.03		-0.78	0.81	0.58	0.89	-0.14	0.9	0.91	0.69	0.84	0.02
Other Current Assets	-0.78	-0.19	-0.47	-0.41	-0.73	-0.45	0.41	-0.85	-0.24	-0.63	-0.5	-0.47	-0.65	-0.54	-0.29	-0.78		-0.66	-0.42	-0.82	-0.12	-0.66	-0.73	-0.71	-0.72	0.04
Other Stockholder Equity	0.92	-0.45	0.0	0.17	0.93	0.83	-0.53	0.72	0.46	0.65	0.86	0.84	0.99	0.87	-0.17	0.81	-0.66		0.17	0.9	-0.51	0.87	0.93	0.62	0.97	-0.37
Total Liab	0.35	0.56	0.93	1.0	0.13	0.25	0.56	0.47	0.58	-0.26	0.22	-0.25	0.08	0.38	0.34	0.58	-0.42	0.17		0.37	0.53	0.29	0.28	0.68	0.22	0.79
Total Current Assets	0.99	-0.08	0.27	0.36	0.96	0.77	-0.52	0.92	0.42	0.74	0.81	0.75	0.9	0.85	0.24	0.89	-0.82	0.9	0.37		-0.15	0.88	0.97	0.8	0.97	-0.12
Short Term Debt	-0.24	1.0	0.73	0.52	-0.38	-0.54	0.43	0.15	-0.29	-0.23	-0.53	-0.66	-0.53	-0.43	0.75	-0.14	-0.12	-0.51	0.53	-0.15		-0.34	-0.35	0.32	-0.36	0.79
Intangible Assets	0.92	-0.28	0.17	0.29	0.91	0.92	-0.41	0.72	0.61	0.53	0.95	0.79	0.81	0.93	-0.09	0.9	-0.66	0.87	0.29	0.88	-0.34		0.94	0.6	0.91	-0.23
Common Stock	0.99	-0.28	0.14	0.28	0.98	0.9	-0.53	0.81	0.55	0.68	0.92	0.84	0.92	0.94	0.06	0.91	-0.73	0.93	0.28	0.97	-0.35	0.94		0.67	0.98	-0.24
Net Receivables	0.76	0.38	0.59	0.67	0.64	0.42	-0.1	0.92	0.28	0.43	0.45	0.31	0.59	0.57	0.51	0.69	-0.71	0.62	0.68	0.8	0.32	0.6	0.67		0.71	0.4
Net Invested Capital	0.98	-0.29	0.08	0.21	0.99	0.83	-0.58	0.84	0.42	0.74	0.87	0.86	0.96	0.88	0.05	0.84	-0.72	0.97	0.22	0.97	-0.36	0.91	0.98	0.71		-0.28
Short Long Term Debt	-0.16	0.78	0.76	0.79	-0.36	-0.25	0.75	0.14	0.2	-0.53	-0.29	-0.62	-0.43	-0.14	0.54	0.02	0.04	-0.37	0.79	-0.12	0.79	-0.23	-0.24	0.4	-0.28

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Sinocat Environmental Account Relationship Matchups

Sinocat Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	764.8M	1.5B	2.3B	2.1B	2.6B	1.6B
Short Long Term Debt Total	188.4M	426.7M	120.6M	20.5M	18.5M	17.5M
Other Current Liab	194.8M	294.9M	58.7M	67.1M	154.5M	112.6M
Total Current Liabilities	530.7M	861.6M	234.3M	212.4M	697.9M	512.9M
Total Stockholder Equity	169.5M	560.0M	2.0B	1.9B	1.9B	1.0B
Property Plant And Equipment Net	143.0M	158.4M	231.4M	395.3M	553.1M	280.6M
Net Debt	94.6M	357.7M	(727.6M)	(475.0M)	102.3M	107.4M
Retained Earnings	(24.5M)	173.3M	182.3M	69.2M	107.5M	54.2M
Accounts Payable	147.5M	140.1M	75.4M	145.1M	270.5M	158.7M
Cash	93.8M	68.9M	848.2M	495.5M	132.4M	125.8M
Non Current Assets Total	163.2M	208.1M	334.9M	573.5M	735.7M	372.0M
Non Currrent Assets Other	3.6M	1.3M	44.7M	46.7M	40.4M	23.8M
Cash And Short Term Investments	93.8M	68.9M	1.2B	931.3M	1.1B	1.1B
Common Stock Shares Outstanding	50.3M	61.2M	69.4M	86.4M	120.2M	76.5M
Liabilities And Stockholders Equity	764.8M	1.5B	2.3B	2.1B	2.5B	1.4B
Non Current Liabilities Total	57.7M	71.0M	68.5M	51.6M	56.3M	47.9M
Inventory	170.4M	208.9M	149.7M	248.9M	362.5M	193.3M
Other Current Assets	6.8M	7.1M	7.7M	11.3M	77.2M	58.9M
Total Liab	588.4M	932.7M	302.8M	264.1M	754.2M	578.8M
Total Current Assets	601.6M	1.3B	2.0B	1.6B	1.9B	1.2B
Short Term Debt	188.4M	426.7M	100.1M	189.7K	170.7K	162.2K
Intangible Assets	7.4M	36.3M	36.8M	84.3M	80.2M	40.7M

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Other Information on Investing in Sinocat Stock

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

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Sinocat Cash And Short Term Investments vs Short Term Debt Analysis

Cash And Short Term Investments vs Short Term Debt

Cash And Short Term Investments vs Short Term Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Short Term Debt

Sinocat Environmental fundamental ratios Correlations

Sinocat Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinocat Environmental fundamental ratios Accounts

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Other Information on Investing in Sinocat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Stockholder Equity

Cash	- 0.94	Net Debt
Other Current Assets	- 0.85	Retained Earnings
Total Current Assets	- 0.82	Other Current Assets
Non Currrent Assets Other	- 0.79	Net Debt
Other Current Assets	- 0.78	Inventory
Other Current Assets	- 0.78	Total Assets