Scienture Net Debt vs Long Term Debt Analysis
| SCNX Stock | 7.35 0.46 5.89% |
Scienture Holdings, financial indicator trend analysis is much more than just breaking down Scienture Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scienture Holdings, is a good investment. Please check the relationship between Scienture Holdings, Net Debt and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scienture Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Scienture Stock please use our How to Invest in Scienture Holdings, guide.
Net Debt vs Long Term Debt
Net Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scienture Holdings, Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Scienture Holdings,'s Net Debt and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Scienture Holdings,, assuming nothing else is changed. The correlation between historical values of Scienture Holdings,'s Net Debt and Long 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 Net Debt of Scienture Holdings, are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Scienture Holdings,'s Net Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Long Term Debt
Long-term debt is a debt that Scienture Holdings, has held for over one year. Long-term debt appears on Scienture Holdings, balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Scienture Holdings, balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Scienture Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scienture Holdings, 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 Scienture Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Scienture Stock please use our How to Invest in Scienture Holdings, guide.Issuance Of Capital Stock is expected to grow at the current pace this year
Scienture Holdings, fundamental ratios Correlations
Click cells to compare fundamentals
Scienture Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Scienture Holdings,'s price analysis, check to measure Scienture Holdings,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scienture Holdings, is operating at the current time. Most of Scienture Holdings,'s value examination focuses on studying past and present price action to predict the probability of Scienture Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scienture Holdings,'s price. Additionally, you may evaluate how the addition of Scienture Holdings, to your portfolios can decrease your overall portfolio volatility.