Shenzhen Good Will vs Long Term Debt Analysis

002786 Stock

9.74 0.43 4.23%

Shenzhen Silver financial indicator trend analysis is much more than just breaking down Shenzhen Silver Basis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Silver Basis is a good investment. Please check the relationship between Shenzhen Silver Good Will and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Silver Basis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Silver Basis Good Will account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shenzhen Silver's Good Will and Long Term Debt is -0.13. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shenzhen Silver Basis, assuming nothing else is changed. The correlation between historical values of Shenzhen Silver's Good Will 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 Good Will of Shenzhen Silver Basis 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 Good Will i.e., Shenzhen Silver's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Shenzhen Silver Basis has held for over one year. Long-term debt appears on Shenzhen Silver Basis 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 Shenzhen Silver Basis 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 Shenzhen Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Silver Basis 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Silver Basis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 134.1 M. The current year's Tax Provision is expected to grow to about 4.8 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	2.5B	2.3B	2.1B	2.3B
Research Development	180.8M	171.8M	151.9M	110.8M

Cost Of Revenue Research Development

Shenzhen Silver fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.57	0.97	0.3	0.81	-0.36	0.97	0.39	0.83	0.68	0.7	-0.23	0.96	0.43	0.97	0.92	0.91	0.9	-0.6	-0.93	0.08	0.86	0.87	0.52	0.9	0.77
Other Current Liab	0.57		0.66	-0.11	0.62	-0.28	0.52	0.26	0.54	0.0	0.23	-0.02	0.65	0.65	0.62	0.62	0.43	0.47	-0.58	-0.47	-0.22	0.56	0.82	0.62	0.58	0.43
Total Current Liabilities	0.97	0.66		0.06	0.9	-0.53	0.93	0.26	0.73	0.54	0.51	-0.24	0.93	0.4	1.0	0.94	0.9	0.94	-0.77	-0.88	0.11	0.83	0.9	0.46	0.93	0.85
Total Stockholder Equity	0.3	-0.11	0.06		-0.23	0.7	0.3	0.67	0.58	0.43	0.83	0.17	0.33	0.37	0.07	0.11	0.1	-0.04	0.55	-0.25	-0.39	0.32	0.08	0.5	0.02	-0.26
Other Liab	0.81	0.62	0.9	-0.23		-0.76	0.76	-0.08	0.54	0.39	0.24	-0.56	0.76	0.19	0.89	0.82	0.8	0.86	-0.87	-0.79	0.27	0.75	0.83	0.16	0.94	0.93
Retained Earnings	-0.36	-0.28	-0.53	0.7	-0.76		-0.34	0.46	0.1	-0.19	0.27	0.56	-0.25	0.28	-0.54	-0.44	-0.53	-0.64	0.89	0.4	-0.69	-0.19	-0.4	0.37	-0.59	-0.8
Accounts Payable	0.97	0.52	0.93	0.3	0.76	-0.34		0.49	0.8	0.69	0.72	-0.19	0.95	0.31	0.94	0.85	0.84	0.84	-0.56	-0.86	0.1	0.78	0.8	0.48	0.82	0.68
Cash	0.39	0.26	0.26	0.67	-0.08	0.46	0.49		0.49	0.35	0.7	0.4	0.47	0.32	0.26	0.16	0.16	0.13	0.19	-0.19	-0.29	0.18	0.24	0.56	0.01	-0.19
Other Assets	0.83	0.54	0.73	0.58	0.54	0.1	0.8	0.49		0.52	0.79	-0.09	0.87	0.63	0.72	0.74	0.63	0.53	-0.2	-0.78	-0.36	0.9	0.74	0.74	0.69	0.4
Long Term Debt	0.68	0.0	0.54	0.43	0.39	-0.19	0.69	0.35	0.52		0.67	-0.13	0.6	0.08	0.61	0.53	0.76	0.61	-0.2	-0.78	0.42	0.47	0.43	0.23	0.52	0.42
Net Receivables	0.7	0.23	0.51	0.83	0.24	0.27	0.72	0.7	0.79	0.67		-0.02	0.74	0.45	0.52	0.53	0.47	0.36	0.11	-0.6	-0.15	0.62	0.51	0.63	0.45	0.14
Good Will	-0.23	-0.02	-0.24	0.17	-0.56	0.56	-0.19	0.4	-0.09	-0.13	-0.02		-0.13	0.27	-0.24	-0.19	-0.23	-0.26	0.34	0.33	-0.46	-0.29	-0.17	0.46	-0.48	-0.51
Inventory	0.96	0.65	0.93	0.33	0.76	-0.25	0.95	0.47	0.87	0.6	0.74	-0.13		0.55	0.92	0.91	0.81	0.79	-0.51	-0.86	-0.09	0.89	0.92	0.67	0.86	0.65
Other Current Assets	0.43	0.65	0.4	0.37	0.19	0.28	0.31	0.32	0.63	0.08	0.45	0.27	0.55		0.36	0.59	0.3	0.23	-0.03	-0.38	-0.51	0.64	0.62	0.88	0.38	0.13
Total Liab	0.97	0.62	1.0	0.07	0.89	-0.54	0.94	0.26	0.72	0.61	0.52	-0.24	0.92	0.36		0.93	0.93	0.95	-0.76	-0.9	0.17	0.81	0.88	0.43	0.93	0.86
Intangible Assets	0.92	0.62	0.94	0.11	0.82	-0.44	0.85	0.16	0.74	0.53	0.53	-0.19	0.91	0.59	0.93		0.87	0.88	-0.65	-0.87	0.05	0.9	0.91	0.56	0.93	0.82
Common Stock	0.91	0.43	0.9	0.1	0.8	-0.53	0.84	0.16	0.63	0.76	0.47	-0.23	0.81	0.3	0.93	0.87		0.96	-0.7	-0.95	0.32	0.73	0.77	0.32	0.87	0.86
Property Plant Equipment	0.9	0.47	0.94	-0.04	0.86	-0.64	0.84	0.13	0.53	0.61	0.36	-0.26	0.79	0.23	0.95	0.88	0.96		-0.82	-0.86	0.34	0.69	0.77	0.24	0.88	0.93
Net Tangible Assets	-0.6	-0.58	-0.77	0.55	-0.87	0.89	-0.56	0.19	-0.2	-0.2	0.11	0.34	-0.51	-0.03	-0.76	-0.65	-0.7	-0.82		0.57	-0.42	-0.41	-0.65	0.03	-0.72	-0.88
Short Term Investments	-0.93	-0.47	-0.88	-0.25	-0.79	0.4	-0.86	-0.19	-0.78	-0.78	-0.6	0.33	-0.86	-0.38	-0.9	-0.87	-0.95	-0.86	0.57		-0.2	-0.84	-0.81	-0.42	-0.91	-0.78
Other Stockholder Equity	0.08	-0.22	0.11	-0.39	0.27	-0.69	0.1	-0.29	-0.36	0.42	-0.15	-0.46	-0.09	-0.51	0.17	0.05	0.32	0.34	-0.42	-0.2		-0.22	-0.07	-0.61	0.16	0.41
Deferred Long Term Liab	0.86	0.56	0.83	0.32	0.75	-0.19	0.78	0.18	0.9	0.47	0.62	-0.29	0.89	0.64	0.81	0.9	0.73	0.69	-0.41	-0.84	-0.22		0.85	0.63	0.89	0.66
Short Long Term Debt	0.87	0.82	0.9	0.08	0.83	-0.4	0.8	0.24	0.74	0.43	0.51	-0.17	0.92	0.62	0.88	0.91	0.77	0.77	-0.65	-0.81	-0.07	0.85		0.65	0.89	0.7
Total Current Assets	0.52	0.62	0.46	0.5	0.16	0.37	0.48	0.56	0.74	0.23	0.63	0.46	0.67	0.88	0.43	0.56	0.32	0.24	0.03	-0.42	-0.61	0.63	0.65		0.35	0.02
Short Term Debt	0.9	0.58	0.93	0.02	0.94	-0.59	0.82	0.01	0.69	0.52	0.45	-0.48	0.86	0.38	0.93	0.93	0.87	0.88	-0.72	-0.91	0.16	0.89	0.89	0.35		0.9
Non Current Assets Total	0.77	0.43	0.85	-0.26	0.93	-0.8	0.68	-0.19	0.4	0.42	0.14	-0.51	0.65	0.13	0.86	0.82	0.86	0.93	-0.88	-0.78	0.41	0.66	0.7	0.02	0.9

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Shenzhen Silver Account Relationship Matchups

Shenzhen Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	4.3B	4.3B	4.0B	4.1B	3.6B
Other Current Liab	271.0M	469.7M	401.1M	170.0M	164.7M	236.5M
Total Current Liabilities	2.9B	3.4B	3.3B	3.2B	3.1B	2.5B
Total Stockholder Equity	890.1M	569.5M	500.1M	241.2M	493.6M	569.0M
Other Liab	36.3M	69.0M	75.0M	73.7M	84.7M	89.0M
Retained Earnings	336.5M	14.3M	(582.2M)	(900.3M)	(702.9M)	(667.8M)
Accounts Payable	1.3B	1.3B	1.3B	1.4B	1.1B	1.1B
Cash	410.4M	415.8M	426.7M	171.0M	119.6M	113.6M
Other Assets	170.8M	202.9M	211.8M	79.6M	91.5M	122.5M
Long Term Debt	260.0M	75.4M	293.7M	362.7M	261.5M	242.6M
Net Receivables	824.1M	639.9M	710.0M	558.1M	445.4M	737.0M
Inventory	1.4B	1.3B	1.3B	1.1B	917.2M	1.1B
Other Current Assets	89.0M	98.5M	94.1M	5.6M	23.9M	22.7M
Total Liab	3.3B	3.7B	3.8B	3.8B	3.6B	2.8B
Intangible Assets	146.7M	142.6M	157.4M	149.7M	137.1M	112.3M
Property Plant Equipment	1.0B	1.0B	1.1B	1.4B	1.7B	883.9M
Net Tangible Assets	989.1M	743.4M	426.9M	342.7M	308.4M	614.8M
Other Stockholder Equity	(898.2K)	(1.3M)	(1.2M)	1.1M	958.0K	1.0M
Deferred Long Term Liab	52.1M	58.5M	49.9M	38.3M	44.1M	46.9M
Short Long Term Debt	1.0B	1.0B	1.1B	620.8M	456.8M	688.1M
Total Current Assets	2.8B	2.7B	2.5B	2.1B	1.8B	1.9B
Non Current Assets Total	1.5B	1.5B	1.8B	1.9B	2.4B	1.7B
Non Currrent Assets Other	28.3M	40.1M	6.3M	6.1M	763.3M	801.5M
Non Current Liabilities Total	329.0M	320.7M	503.2M	556.3M	536.3M	474.6M
Non Current Liabilities Other	289.3M	71.0K	68.3M	2.1M	8.8M	8.3M
Net Debt	668.2M	679.7M	1.0B	812.6M	598.6M	707.3M
Net Invested Capital	2.0B	1.7B	1.9B	1.2B	1.2B	1.3B
Net Working Capital	(195.8M)	(622.7M)	(765.3M)	(1.1B)	(1.3B)	(1.3B)

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Silver Basis at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Silver and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.

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Shenzhen Good Will vs Long Term Debt Analysis

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Long Term Debt

Shenzhen Silver fundamental ratios Correlations

Shenzhen Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Silver fundamental ratios Accounts

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Assets
Inventory	+ 0.96	Total Assets
Property Plant Equipment	+ 0.96	Common Stock

Short Term Investments	- 0.95	Common Stock
Short Term Investments	- 0.93	Total Assets
Short Term Debt	- 0.91	Short Term Investments
Short Term Investments	- 0.9	Total Liab
Non Current Assets Total	- 0.88	Net Tangible Assets
Short Term Investments	- 0.88	Total Current Liabilities