Scienjoy Accounts Payable vs Other Current Liab Analysis
SJ Stock | USD 0.96 0.04 4.35% |
Scienjoy Holding financial indicator trend analysis is much more than just breaking down Scienjoy Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scienjoy Holding Corp is a good investment. Please check the relationship between Scienjoy Holding Accounts Payable and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scienjoy Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Accounts Payable vs Other Current Liab
Accounts Payable vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scienjoy Holding Corp Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scienjoy Holding's Accounts Payable and Other Current Liab is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Scienjoy Holding Corp, assuming nothing else is changed. The correlation between historical values of Scienjoy Holding's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Scienjoy Holding Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Scienjoy Holding's Accounts Payable and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Scienjoy Holding obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Scienjoy Holding Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Current Liab
Most indicators from Scienjoy Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scienjoy Holding Corp 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 Scienjoy Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. At this time, Scienjoy Holding's Enterprise Value is relatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 4.0M | 2.5M | 2.7M | 2.7M | Tax Provision | 5.6M | 18.1M | 8.5M | 9.3M |
Scienjoy Holding fundamental ratios Correlations
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Scienjoy Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scienjoy Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 280.0M | 811.8M | 1.1B | 1.5B | 1.4B | 940.9M | |
Other Current Liab | 32.5M | 152.2M | 61.7M | 30.2M | 42.4M | 58.6M | |
Total Current Liabilities | 105.5M | 277.5M | 221.2M | 265.5M | 234.1M | 202.4M | |
Total Stockholder Equity | 174.5M | 459.5M | 809.4M | 1.2B | 1.2B | 688.3M | |
Net Debt | (131.8M) | (224.8M) | (240.9M) | (150.3M) | (192.7M) | (202.3M) | |
Retained Earnings | 152.8M | 322.6M | 479.2M | 665.1M | 673.5M | 420.4M | |
Accounts Payable | 27.2M | 67.1M | 85.8M | 116.3M | 73.2M | 82.7M | |
Cash | 137.4M | 224.8M | 240.9M | 175.3M | 205.5M | 180.4M | |
Non Current Assets Total | 10.5M | 345.1M | 436.8M | 853.2M | 871.5M | 461.5M | |
Non Currrent Assets Other | 4.1M | 1.4M | 1.2M | 953K | 8.1M | 8.5M | |
Cash And Short Term Investments | 137.4M | 224.8M | 279.7M | 215.8M | 237.0M | 200.7M | |
Net Receivables | 127.2M | 228.2M | 258.4M | 317.8M | 261.0M | 265.6M | |
Liabilities And Stockholders Equity | 280.0M | 811.8M | 1.1B | 1.5B | 1.4B | 940.9M | |
Other Stockholder Equity | 0.0 | 122.1M | 159.9M | 17.4M | (50.0M) | (47.5M) | |
Total Liab | 105.5M | 352.3M | 279.9M | 339.5M | 298.7M | 252.3M | |
Total Current Assets | 269.5M | 466.7M | 652.5M | 648.8M | 577.0M | 479.3M | |
Common Stock | 9.7M | (96.3M) | 153.2M | 420.8M | 447.5M | 469.9M |
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Is Movies & Entertainment 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 Scienjoy Holding. If investors know Scienjoy 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 Scienjoy Holding 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 (0.59) | Earnings Share (0.24) | Revenue Per Share 36.299 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0194 |
The market value of Scienjoy Holding Corp is measured differently than its book value, which is the value of Scienjoy that is recorded on the company's balance sheet. Investors also form their own opinion of Scienjoy Holding's value that differs from its market value or its book value, called intrinsic value, which is Scienjoy Holding'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 Scienjoy Holding's market value can be influenced by many factors that don't directly affect Scienjoy Holding'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 Scienjoy Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scienjoy Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scienjoy Holding'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.