Shineco Common Stock Shares Outstanding vs Short Long Term Debt Total Analysis
SISI Stock | USD 2.32 0.21 9.95% |
Shineco financial indicator trend analysis is much more than just breaking down Shineco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shineco is a good investment. Please check the relationship between Shineco Common Stock Shares Outstanding and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
Common Stock Shares Outstanding vs Short Long Term Debt Total
Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shineco Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shineco's Common Stock Shares Outstanding and Short Long Term Debt Total is 0.74. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Shineco, assuming nothing else is changed. The correlation between historical values of Shineco's Common Stock Shares Outstanding and Short Long Term Debt 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 Common Stock Shares Outstanding of Shineco are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Shineco's Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Short Long Term Debt Total
Most indicators from Shineco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shineco 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 Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.As of now, Shineco's Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.7M | 2.3M | 2.2M | Depreciation And Amortization | 101.0 | 697.5K | 5.0M | 5.2M |
Shineco fundamental ratios Correlations
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Shineco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shineco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 79.1M | 61.3M | 63.8M | 63.5M | 84.2M | 57.4M | |
Short Long Term Debt Total | 2.8M | 3.7M | 16.4M | 16.5M | 29.7M | 31.1M | |
Other Current Liab | 8.8M | 10.1M | 14.0M | 28.8M | 5.4M | 7.0M | |
Total Current Liabilities | 11.3M | 14.8M | 29.0M | 23.3M | 27.6M | 28.9M | |
Total Stockholder Equity | 65.3M | 44.7M | 33.7M | 32.6M | 26.0M | 41.6M | |
Property Plant And Equipment Net | 12.7M | 5.8M | 3.5M | 1.3M | 6.4M | 6.7M | |
Current Deferred Revenue | 6.3K | 7.5K | 6.7K | 89.5K | 319.5K | 335.4K | |
Net Debt | (29.5M) | (12.6M) | 1.2M | 15.9M | 29.3M | 30.8M | |
Retained Earnings | 40.1M | 8.7M | (18.4M) | (31.7M) | (54.3M) | (51.6M) | |
Accounts Payable | 148.2K | 76.6K | 1.5K | 191.1K | 812.9K | 422.5K | |
Cash | 32.4M | 16.3M | 15.2M | 626.0K | 366.1K | 347.8K | |
Non Current Assets Total | 19.6M | 12.0M | 4.1M | 22.5M | 63.3M | 66.4M | |
Cash And Short Term Investments | 32.4M | 16.3M | 15.2M | 626.0K | 366.1K | 347.8K | |
Net Receivables | 11.1M | 2.8M | 1.8M | 34.6K | 1.2M | 1.2M | |
Liabilities And Stockholders Equity | 79.1M | 61.3M | 63.8M | 63.5M | 84.2M | 57.4M | |
Non Current Liabilities Total | 1.2M | 1.1M | 1.5M | 3.3M | 20.0M | 21.0M | |
Inventory | 1.8M | 1.3M | 18.7M | 324.4K | 1.6M | 1.5M | |
Other Current Assets | 905.4K | 28.8M | 58.8M | 42.0M | 17.7M | 11.8M | |
Other Stockholder Equity | 27.3M | 32.6M | 50.0M | 65.1M | 69.5M | 72.9M | |
Total Liab | 12.6M | 15.9M | 30.5M | 26.6M | 47.6M | 50.0M | |
Total Current Assets | 59.5M | 49.3M | 59.7M | 40.9M | 20.9M | 37.0M | |
Short Term Debt | 2.4M | 3.4M | 14.4M | 5.1M | 19.6M | 20.6M | |
Intangible Assets | 2.3M | 2.2M | 1.1M | 12.0M | 43.7M | 45.8M | |
Common Stock | 3.0K | 7.9K | 11.0K | 26.4K | 6.7M | 7.1M | |
Non Currrent Assets Other | 96.3K | 5.1M | 9.5K | 2.6M | 615.6K | 584.8K | |
Common Stock Shares Outstanding | 327.7K | 440.1K | 945.8K | 1.9M | 5.3M | 5.6M | |
Accumulated Other Comprehensive Income | (2.1M) | 3.5M | 2.1M | (794.3K) | 4.1M | 4.3M | |
Other Liab | 827.0K | 792.1K | 446.9K | 3.2M | 3.7M | 3.9M | |
Net Tangible Assets | 64.3M | 43.6M | 33.7M | 13.9M | 12.5M | 11.9M | |
Other Assets | 12.9M | 5.1M | 9.5K | 1.0 | 0.9 | 0.86 | |
Net Invested Capital | 67.7M | 47.6M | 48.1M | 48.9M | 55.4M | 47.5M | |
Short Long Term Debt | 2.3M | 2.9M | 14.4M | 16.4M | 19.4M | 20.3M | |
Net Working Capital | 48.2M | 34.5M | 30.7M | 17.6M | (6.7M) | (6.3M) | |
Property Plant Equipment | 5.7M | 5.8M | 3.5M | 1.3M | 1.2M | 1.2M | |
Capital Stock | 3.0K | 7.9K | 11.0K | 26.4K | 6.7M | 7.1M |
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When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Packaged Foods & Meats 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 Shineco. If investors know Shineco 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 Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (171.02) | Revenue Per Share 44.227 | Quarterly Revenue Growth 13.101 | Return On Assets (0.14) | Return On Equity (0.90) |
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco'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 Shineco's market value can be influenced by many factors that don't directly affect Shineco'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 Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco'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.