Shengfeng Current Deferred Revenue vs Cash And Short Term Investments Analysis
SFWL Stock | 1.11 0.05 4.31% |
Shengfeng Development financial indicator trend analysis is much more than just breaking down Shengfeng Development prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shengfeng Development is a good investment. Please check the relationship between Shengfeng Development Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shengfeng Development 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 housing.
Current Deferred Revenue vs Cash And Short Term Investments
Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengfeng Development Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shengfeng Development's Current Deferred Revenue and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Shengfeng Development Limited, assuming nothing else is changed. The correlation between historical values of Shengfeng Development's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Shengfeng Development Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Shengfeng Development's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Shengfeng Development balance sheet. This account contains Shengfeng Development investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shengfeng Development Limited 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.Most indicators from Shengfeng Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shengfeng Development 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 Shengfeng Development 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 housing. At this time, Shengfeng Development's Enterprise Value is quite stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 2.2M | 1.8M | 2.1M | Depreciation And Amortization | 14.4M | 16.7M | 16.4M | 15.8M |
Shengfeng Development fundamental ratios Correlations
Click cells to compare fundamentals
Shengfeng Development Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Air Freight & Logistics 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 Shengfeng Development. If investors know Shengfeng 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 Shengfeng Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share 0.11 | Revenue Per Share 5.411 | Quarterly Revenue Growth 0.228 | Return On Assets 0.0304 |
The market value of Shengfeng Development is measured differently than its book value, which is the value of Shengfeng that is recorded on the company's balance sheet. Investors also form their own opinion of Shengfeng Development's value that differs from its market value or its book value, called intrinsic value, which is Shengfeng Development'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 Shengfeng Development's market value can be influenced by many factors that don't directly affect Shengfeng Development'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 Shengfeng Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shengfeng Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shengfeng Development'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.