Salzer Short Term Investments vs Non Current Assets Total Analysis

SALZERELEC   1,118  1.40  0.13%   
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Short Term Investments and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Short Term Investments vs Non Current Assets Total

Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salzer Electronics Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Salzer Electronics' Short Term Investments and Non Current Assets Total is 0.81. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' Short Term Investments and Non Current Assets Total 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 Salzer Electronics Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Investments i.e., Salzer Electronics' Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

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

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Issuance Of Capital Stock is expected to grow to about 241.2 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense127.1M261.2M340.9M357.9M
Depreciation And Amortization163.3M166.0M201.1M118.1M

Salzer Electronics fundamental ratios Correlations

0.860.780.870.880.980.870.870.84-0.660.970.080.330.830.960.610.870.550.820.990.860.970.920.340.870.81
0.860.640.990.980.841.01.00.97-0.720.82-0.050.290.980.830.61.00.420.660.870.990.860.80.130.770.69
0.780.640.710.690.780.640.660.57-0.430.780.260.230.620.760.130.660.650.720.780.660.750.730.410.560.73
0.870.990.710.980.840.990.990.97-0.670.830.00.340.990.850.530.990.430.680.880.990.860.810.130.780.71
0.880.980.690.980.880.980.990.94-0.730.870.140.310.960.90.620.980.530.760.870.980.870.890.240.810.8
0.980.840.780.840.880.840.850.8-0.731.00.150.230.790.980.630.850.620.840.960.830.980.960.490.820.83
0.871.00.640.990.980.840.990.97-0.740.82-0.040.260.980.840.621.00.430.660.870.990.860.80.150.770.69
0.871.00.660.990.990.850.990.97-0.710.830.010.30.980.850.610.990.440.680.871.00.860.820.150.780.73
0.840.970.570.970.940.80.970.97-0.630.77-0.10.390.980.810.610.980.240.610.860.970.820.750.040.810.61
-0.66-0.72-0.43-0.67-0.73-0.73-0.74-0.71-0.63-0.74-0.170.34-0.62-0.68-0.76-0.72-0.56-0.6-0.64-0.67-0.67-0.69-0.56-0.44-0.6
0.970.820.780.830.871.00.820.830.77-0.740.210.220.760.980.630.820.650.860.940.810.960.970.540.810.84
0.08-0.050.260.00.140.15-0.040.01-0.1-0.170.21-0.03-0.020.270.07-0.020.540.540.00.01-0.020.330.40.10.53
0.330.290.230.340.310.230.260.30.390.340.22-0.030.390.31-0.050.27-0.080.230.330.350.260.28-0.410.670.21
0.830.980.620.990.960.790.980.980.98-0.620.76-0.020.390.80.560.990.340.650.840.990.80.760.020.790.67
0.960.830.760.850.90.980.840.850.81-0.680.980.270.310.80.630.840.630.880.930.840.940.990.460.850.88
0.610.60.130.530.620.630.620.610.61-0.760.630.07-0.050.560.630.60.30.530.580.580.570.610.270.570.52
0.871.00.660.990.980.851.00.990.98-0.720.82-0.020.270.990.840.60.40.680.880.990.860.80.150.770.69
0.550.420.650.430.530.620.430.440.24-0.560.650.54-0.080.340.630.30.40.70.50.420.550.70.590.370.83
0.820.660.720.680.760.840.660.680.61-0.60.860.540.230.650.880.530.680.70.780.680.750.890.50.720.87
0.990.870.780.880.870.960.870.870.86-0.640.940.00.330.840.930.580.880.50.780.860.970.880.290.850.76
0.860.990.660.990.980.830.991.00.97-0.670.810.010.350.990.840.580.990.420.680.860.840.80.090.790.72
0.970.860.750.860.870.980.860.860.82-0.670.96-0.020.260.80.940.570.860.550.750.970.840.920.40.790.77
0.920.80.730.810.890.960.80.820.75-0.690.970.330.280.760.990.610.80.70.890.880.80.920.520.820.91
0.340.130.410.130.240.490.150.150.04-0.560.540.4-0.410.020.460.270.150.590.50.290.090.40.520.110.4
0.870.770.560.780.810.820.770.780.81-0.440.810.10.670.790.850.570.770.370.720.850.790.790.820.110.67
0.810.690.730.710.80.830.690.730.61-0.60.840.530.210.670.880.520.690.830.870.760.720.770.910.40.67
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Salzer Electronics Account Relationship Matchups

Salzer Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.8B7.5B9.0B9.9B5.0B
Short Long Term Debt Total1.8B2.0B2.5B2.8B3.1B3.3B
Other Current Liab504.2M601.2M445.2M648.2M687.5M426.9M
Total Current Liabilities2.7B3.1B3.6B4.5B4.7B4.9B
Total Stockholder Equity3.1B3.3B3.5B4.1B4.7B5.0B
Property Plant And Equipment Net2.1B2.1B2.2B2.4B2.6B1.5B
Net Debt1.8B2.0B2.5B2.7B3.1B3.2B
Retained Earnings1.5B1.7B1.9B2.2B2.7B2.8B
Accounts Payable540.9M631.6M762.2M1.1B1.0B1.1B
Cash23.5M53.0M19.0M72.8M32.5M30.9M
Non Current Assets Total2.5B2.5B2.5B2.7B2.9B1.7B
Non Currrent Assets Other219.2M99K(64.0M)53.0M85.5M107.7M
Cash And Short Term Investments105.6M134.5M103.3M220.4M182.8M147.8M
Net Receivables1.5B1.9B2.2B3.1B3.3B3.5B
Common Stock Shares Outstanding14.9M15.9M16.0M17.7M17.7M14.7M
Liabilities And Stockholders Equity6.2B6.8B7.5B9.0B9.9B5.0B
Non Current Liabilities Total371.9M353.5M324.2M347.9M424.9M331.0M
Inventory1.6B1.8B2.3B2.7B2.9B3.1B
Other Current Assets452.5M483.7M421.3M141.2M582.2M335.9M
Total Liab3.0B3.5B3.9B4.8B5.1B2.6B
Total Current Assets3.7B4.3B5.0B6.3B7.0B7.4B
Accumulated Other Comprehensive Income(181.7M)222.8M230.3M359.0M269.4M282.8M
Short Term Debt2.1B2.4B2.8B2.7B3.0B1.6B
Current Deferred Revenue479.6M578.5M410.6M72.5M5.1M4.8M
Short Term Investments82.1M81.5M84.3M147.6M150.3M77.0M
Intangible Assets20.8M17.8M15.2M17.2M30.4M18.4M
Other Liab194.1M190.8M200.1M228.8M263.1M202.4M
Net Tangible Assets2.8B3.0B3.2B3.4B3.9B3.0B
Other Assets3.6M311.7M286.8M70.3M1K950.0
Long Term Debt177.8M162.7M124.1M77.8M149.9M98.3M
Short Long Term Debt1.6B1.8B2.4B2.6B2.9B1.9B
Property Plant Equipment2.1B2.1B2.1B2.4B2.7B2.0B
Long Term Debt Total177.8M162.7M124.1M119.1M137.0M128.9M
Cash And Equivalents3.5M4.1M500K33.7M30.3M21.7M
Net Invested Capital4.9B5.3B6.0B6.8B7.8B6.2B
Net Working Capital1.0B1.2B1.4B1.8B2.3B1.5B

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Other Information on Investing in Salzer Stock

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