SCCG Property Plant And Equipment Net vs Total Current Assets Analysis
SCCG Stock | USD 20.76 0.86 3.98% |
SCCG financial indicator trend analysis is much more than just breaking down SCCG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SCCG is a good investment. Please check the relationship between SCCG Property Plant And Equipment Net and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SCCG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.
Property Plant And Equipment Net vs Total Current Assets
Property Plant And Equipment Net vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SCCG Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between SCCG's Property Plant And Equipment Net and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of SCCG, assuming nothing else is changed. The correlation between historical values of SCCG's Property Plant And Equipment Net and Total Current 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 Property Plant And Equipment Net of SCCG are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., SCCG's Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from SCCG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SCCG 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 SCCG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.At this time, SCCG's Sales General And Administrative To Revenue is most likely to increase significantly in the upcoming years. The SCCG's current Enterprise Value is estimated to increase to about 1.4 B, while Selling General Administrative is projected to decrease to roughly 2.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 30.4M | 55.2M | 64.8M | 68.0M | Interest Expense | 10.4M | 21.5M | 24.8M | 26.0M |
SCCG fundamental ratios Correlations
Click cells to compare fundamentals
SCCG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SCCG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.2K | 28.1M | 52.3M | 46.1M | 625.5M | 656.8M | |
Other Current Liab | 58.7M | 145.8M | 237.9M | (522.2M) | (88.3M) | (83.8M) | |
Total Stockholder Equity | 141.2M | 226.7M | 418.0M | 565.7M | 230.1M | 219.7M | |
Net Debt | 37.5M | 119.4M | (41.6M) | (23.2M) | 359.1M | 377.0M | |
Cash | 18.8M | 19.4M | 41.9M | 23.7M | 12.6M | 14.8M | |
Non Currrent Assets Other | 15.9M | 37.3M | 66.7M | (566.1M) | 2.7B | 2.9B | |
Other Assets | (439.0M) | (687.7M) | (1.3B) | (37.2M) | (554.0B) | (526.3B) | |
Cash And Short Term Investments | 34.8M | 56.7M | 108.6M | 79.1M | 93.4M | 98.1M | |
Net Receivables | 96.7M | 159.5M | 299.8M | 475.7M | 507.7M | 533.1M | |
Liabilities And Stockholders Equity | 56.3M | 138.8M | 213.6M | 326.9M | 625.5M | 656.8M | |
Non Current Liabilities Total | 58.6M | 117.7M | 185.6M | 60.0M | 390.8B | 410.4B | |
Other Current Assets | 141.2M | 226.7M | 418.0M | (504.7M) | 550.6B | 578.1B | |
Total Liab | 22.1K | 22.1K | 32.7K | 41.1K | 395.5M | 415.2M | |
Total Current Liabilities | 17.2K | 28.1M | 52.3M | 288.0M | 4.6B | 4.9B | |
Property Plant And Equipment Net | 1.4M | 1.4M | 2.2M | 4.1M | 3.4B | 3.5B | |
Retained Earnings | 82.6M | 80.9M | 180.1M | 217.7M | (20.1M) | (19.1M) | |
Non Current Assets Total | 158.6M | 265.4M | 486.8M | 28.7M | 4.0B | 4.2B | |
Other Stockholder Equity | (22.6M) | 64.8M | 57.8M | 130.2M | 249.8M | 262.3M | |
Total Current Assets | 280.4M | 450.4M | 832.1M | 54.6M | 550.6B | 578.1B | |
Accumulated Other Comprehensive Income | 82.6M | 80.9M | 180.1M | 217.7M | 315.6K | 299.8K | |
Short Term Debt | 56.3M | 110.7M | 161.3M | 280.8M | 88.3M | 102.2M |
Currently Active Assets on Macroaxis
When determining whether SCCG is a strong investment it is important to analyze SCCG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SCCG's future performance. For an informed investment choice regarding SCCG Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SCCG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SCCG. If investors know SCCG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SCCG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SCCG is measured differently than its book value, which is the value of SCCG that is recorded on the company's balance sheet. Investors also form their own opinion of SCCG's value that differs from its market value or its book value, called intrinsic value, which is SCCG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SCCG's market value can be influenced by many factors that don't directly affect SCCG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SCCG's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCCG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCCG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.