SCCG Total Current Assets vs Non Current Assets Total 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 Total Current Assets 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 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.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SCCG Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between SCCG's Total Current Assets and Non Current Assets Total is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of SCCG, assuming nothing else is changed. The correlation between historical values of SCCG's Total Current Assets 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 Total Current Assets of SCCG 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 Total Current Assets i.e., SCCG's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 Revenue30.4M55.2M64.8M68.0M
Interest Expense10.4M21.5M24.8M26.0M

SCCG fundamental ratios Correlations

0.94-0.20.241.00.960.170.98-1.00.640.780.941.0-0.151.01.01.01.0-0.431.00.911.00.221.00.71-0.95
0.94-0.080.190.960.990.150.95-0.960.60.710.830.960.110.960.950.950.96-0.460.960.860.960.180.950.63-0.91
-0.2-0.08-0.43-0.18-0.10.04-0.040.18-0.16-0.46-0.17-0.180.19-0.18-0.18-0.22-0.18-0.25-0.13-0.37-0.18-0.52-0.25-0.230.17
0.240.19-0.430.20.150.860.11-0.20.840.79-0.020.20.30.20.180.240.20.760.250.60.20.990.220.78-0.19
1.00.96-0.180.20.960.140.99-1.00.610.760.931.0-0.111.01.01.01.0-0.461.00.891.00.181.00.67-0.95
0.960.99-0.10.150.960.120.96-0.960.580.70.890.96-0.040.960.960.960.96-0.510.960.860.960.150.960.61-0.92
0.170.150.040.860.140.120.11-0.140.860.62-0.070.140.340.140.120.150.140.70.210.460.140.80.120.72-0.14
0.980.95-0.040.110.990.960.11-0.990.570.680.940.99-0.120.990.990.980.99-0.540.990.840.990.080.980.63-0.94
-1.0-0.960.18-0.2-1.0-0.96-0.14-0.99-0.61-0.76-0.93-1.00.11-1.0-1.0-1.0-1.00.46-0.99-0.89-1.0-0.18-1.0-0.690.93
0.640.6-0.160.840.610.580.860.57-0.610.910.410.610.20.610.590.620.610.360.660.850.610.80.60.95-0.58
0.780.71-0.460.790.760.70.620.68-0.760.910.570.760.110.760.740.780.760.220.780.950.760.780.770.92-0.72
0.940.83-0.17-0.020.930.89-0.070.94-0.930.410.570.93-0.450.930.930.920.93-0.620.910.760.93-0.020.930.5-0.89
1.00.96-0.180.21.00.960.140.99-1.00.610.760.93-0.111.01.01.01.0-0.471.00.891.00.181.00.67-0.95
-0.150.110.190.3-0.11-0.040.34-0.120.110.20.11-0.45-0.11-0.11-0.11-0.1-0.110.35-0.07-0.02-0.110.25-0.120.080.08
1.00.96-0.180.21.00.960.140.99-1.00.610.760.931.0-0.111.01.01.0-0.471.00.891.00.181.00.67-0.95
1.00.95-0.180.181.00.960.120.99-1.00.590.740.931.0-0.111.01.01.0-0.490.990.881.00.161.00.66-0.95
1.00.95-0.220.241.00.960.150.98-1.00.620.780.921.0-0.11.01.01.0-0.441.00.91.00.221.00.69-0.95
1.00.96-0.180.21.00.960.140.99-1.00.610.760.931.0-0.111.01.01.0-0.461.00.891.00.191.00.67-0.95
-0.43-0.46-0.250.76-0.46-0.510.7-0.540.460.360.22-0.62-0.470.35-0.47-0.49-0.44-0.46-0.42-0.06-0.470.76-0.450.260.44
1.00.96-0.130.251.00.960.210.99-0.990.660.780.911.0-0.071.00.991.01.0-0.420.91.00.220.990.71-0.95
0.910.86-0.370.60.890.860.460.84-0.890.850.950.760.89-0.020.890.880.90.89-0.060.90.890.60.90.88-0.84
1.00.96-0.180.21.00.960.140.99-1.00.610.760.931.0-0.111.01.01.01.0-0.471.00.890.181.00.67-0.95
0.220.18-0.520.990.180.150.80.08-0.180.80.78-0.020.180.250.180.160.220.190.760.220.60.180.210.74-0.18
1.00.95-0.250.221.00.960.120.98-1.00.60.770.931.0-0.121.01.01.01.0-0.450.990.91.00.210.67-0.95
0.710.63-0.230.780.670.610.720.63-0.690.950.920.50.670.080.670.660.690.670.260.710.880.670.740.67-0.57
-0.95-0.910.17-0.19-0.95-0.92-0.14-0.940.93-0.58-0.72-0.89-0.950.08-0.95-0.95-0.95-0.950.44-0.95-0.84-0.95-0.18-0.95-0.57
Click cells to compare fundamentals

SCCG Account Relationship Matchups

SCCG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.2K28.1M52.3M46.1M625.5M656.8M
Other Current Liab58.7M145.8M237.9M(522.2M)(88.3M)(83.8M)
Total Stockholder Equity141.2M226.7M418.0M565.7M230.1M219.7M
Net Debt37.5M119.4M(41.6M)(23.2M)359.1M377.0M
Cash18.8M19.4M41.9M23.7M12.6M14.8M
Non Currrent Assets Other15.9M37.3M66.7M(566.1M)2.7B2.9B
Other Assets(439.0M)(687.7M)(1.3B)(37.2M)(554.0B)(526.3B)
Cash And Short Term Investments34.8M56.7M108.6M79.1M93.4M98.1M
Net Receivables96.7M159.5M299.8M475.7M507.7M533.1M
Liabilities And Stockholders Equity56.3M138.8M213.6M326.9M625.5M656.8M
Non Current Liabilities Total58.6M117.7M185.6M60.0M390.8B410.4B
Other Current Assets141.2M226.7M418.0M(504.7M)550.6B578.1B
Total Liab22.1K22.1K32.7K41.1K395.5M415.2M
Total Current Liabilities17.2K28.1M52.3M288.0M4.6B4.9B
Property Plant And Equipment Net1.4M1.4M2.2M4.1M3.4B3.5B
Retained Earnings82.6M80.9M180.1M217.7M(20.1M)(19.1M)
Non Current Assets Total158.6M265.4M486.8M28.7M4.0B4.2B
Other Stockholder Equity(22.6M)64.8M57.8M130.2M249.8M262.3M
Total Current Assets280.4M450.4M832.1M54.6M550.6B578.1B
Accumulated Other Comprehensive Income82.6M80.9M180.1M217.7M315.6K299.8K
Short Term Debt56.3M110.7M161.3M280.8M88.3M102.2M

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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.