Sihui Total Current Assets vs Total Current Liabilities Analysis

300852 Stock   29.20  0.38  1.32%   
Sihui Fuji financial indicator trend analysis is much more than just breaking down Sihui Fuji Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sihui Fuji Electronics is a good investment. Please check the relationship between Sihui Fuji Total Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sihui Fuji Electronics. 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.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sihui Fuji Electronics Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sihui Fuji's Total Current Assets and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Sihui Fuji Electronics, assuming nothing else is changed. The correlation between historical values of Sihui Fuji's Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Sihui Fuji Electronics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Sihui Fuji's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on Sihui Fuji balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sihui Fuji Electronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Sihui Fuji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sihui Fuji Electronics 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 Sihui Fuji Electronics. 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.
As of December 22, 2024, Tax Provision is expected to decline to about 17.3 M. In addition to that, Selling General Administrative is expected to decline to about 32.3 M
 2021 2022 2023 2024 (projected)
Gross Profit310.9M351.4M356.5M229.9M
Total Revenue1.0B1.2B1.3B768.9M

Sihui Fuji fundamental ratios Correlations

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0.870.860.970.850.90.871.00.830.990.580.910.450.980.550.990.850.770.920.250.830.830.910.920.760.85
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0.930.850.850.840.890.950.840.920.860.460.890.70.850.780.850.750.90.940.240.920.950.950.920.580.86
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0.870.851.00.970.840.90.860.830.990.580.910.440.980.550.990.850.760.920.220.830.830.910.920.780.85
0.990.740.830.880.920.960.970.830.870.660.950.790.870.860.860.610.960.960.160.990.960.970.970.80.91
0.890.80.990.980.860.910.880.990.870.640.920.511.00.611.00.80.80.930.20.860.860.920.930.780.91
0.640.250.580.70.460.710.580.580.660.640.730.420.670.480.620.280.560.59-0.140.640.520.590.650.770.68
0.960.790.910.910.890.970.950.910.950.920.730.650.930.740.920.730.890.980.080.940.920.970.990.860.86
0.790.560.450.510.70.610.80.440.790.510.420.650.480.990.490.130.910.680.010.820.820.710.670.460.73
0.880.770.980.980.850.920.870.980.871.00.670.930.480.580.990.820.780.930.180.850.850.920.940.810.89
0.860.630.550.610.780.710.870.550.860.610.480.740.990.580.590.250.950.770.030.880.890.790.760.540.79
0.880.830.990.980.850.910.880.990.861.00.620.920.490.990.590.820.790.930.190.850.850.920.930.780.89
0.630.760.850.740.750.70.660.850.610.80.280.730.130.820.250.820.50.780.190.560.660.760.750.510.54
0.970.790.770.790.90.870.970.760.960.80.560.890.910.780.950.790.50.920.110.970.980.930.910.690.88
0.960.850.920.90.940.940.970.920.960.930.590.980.680.930.770.930.780.920.140.940.971.00.990.790.86
0.140.20.250.210.240.170.120.220.160.2-0.140.080.010.180.030.190.190.110.140.130.120.150.17-0.050.18
1.00.790.830.880.920.950.980.830.990.860.640.940.820.850.880.850.560.970.940.130.960.960.960.780.92
0.970.840.830.830.950.890.980.830.960.860.520.920.820.850.890.850.660.980.970.120.960.980.950.690.87
0.980.840.910.90.950.960.980.910.970.920.590.970.710.920.790.920.760.931.00.150.960.980.990.790.88
0.980.810.920.920.920.980.960.920.970.930.650.990.670.940.760.930.750.910.990.170.960.950.990.840.88
0.80.510.760.810.580.860.730.780.80.780.770.860.460.810.540.780.510.690.79-0.050.780.690.790.840.71
0.910.690.850.940.860.890.90.850.910.910.680.860.730.890.790.890.540.880.860.180.920.870.880.880.71
Click cells to compare fundamentals

Sihui Fuji Account Relationship Matchups

Sihui Fuji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets481.0M1.1B1.4B1.7B2.4B2.5B
Other Current Liab1.7M445.7K9.9M33.0M21.3M22.4M
Total Current Liabilities105.7M152.6M268.2M371.2M332.3M200.1M
Total Stockholder Equity354.6M878.2M1.0B1.2B1.5B768.8M
Other Liab9.2M12.9M38.3M68.9M79.2M83.1M
Net Tangible Assets254.0M342.3M860.9M960.6M1.1B1.2B
Retained Earnings127.0M228.3M389.9M530.9M701.7M736.7M
Accounts Payable84.5M118.7M212.9M296.6M262.8M156.5M
Cash50.2M149.0M231.2M177.6M338.6M355.5M
Non Current Assets Total207.0M308.5M599.6M675.5M793.3M405.9M
Non Currrent Assets Other19.1M15.4M12.9M6.1M17.7M10.9M
Other Assets8.4M28.6M27.6M50.5M58.1M61.0M
Net Receivables110.8M142.8M270.5M271.0M303.8M177.6M
Non Current Liabilities Total20.3M38.3M68.9M66.7M538.0M564.9M
Inventory41.8M54.6M103.4M128.1M133.8M74.1M
Other Current Assets191.2K720.5K17.0M17.5M6.5M6.0M
Total Liab126.0M190.9M337.0M437.8M870.3M913.8M
Deferred Long Term Liab4.5M7.8M8.3M32.7M37.7M39.5M
Total Current Assets274.0M760.6M777.3M994.2M1.6B1.7B
Intangible Assets12.2M17.4M79.2M77.5M123.5M129.7M
Property Plant Equipment142.2M166.1M263.5M469.9M540.4M567.4M
Net Invested Capital363.6M885.8M1.0B1.2B2.0B2.1B
Net Working Capital168.3M608.0M509.1M623.0M1.3B1.3B

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Other Information on Investing in Sihui Stock

Balance Sheet is a snapshot of the financial position of Sihui Fuji Electronics at a specified time, usually calculated after every quarter, six months, or one year. Sihui Fuji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sihui Fuji 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 Sihui currently owns. An asset can also be divided into two categories, current and non-current.