Sichuan Capital Stock vs Inventory Analysis

300987 Stock

16.76 0.28 1.70%

Sichuan Newsnet financial indicator trend analysis is much more than just breaking down Sichuan Newsnet Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Newsnet Media is a good investment. Please check the relationship between Sichuan Newsnet Capital Stock and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Newsnet Media. 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.

Capital Stock vs Inventory

Capital Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Newsnet Media Capital Stock account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sichuan Newsnet's Capital Stock and Inventory is -0.58. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Sichuan Newsnet Media, assuming nothing else is changed. The correlation between historical values of Sichuan Newsnet's Capital Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Sichuan Newsnet Media are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Capital Stock i.e., Sichuan Newsnet's Capital Stock and Inventory go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Inventory

Most indicators from Sichuan Newsnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Newsnet Media 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 Sichuan Newsnet Media. 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 39.1 M, whereas Tax Provision is projected to grow to (1.7 M).

	2021	2022	2023	2024 (projected)
Interest Income	6.5M	17.7M	15.6M	11.3M
Net Interest Income	6.2M	17.2M	15.0M	11.0M

Interest Income Net Interest Income

Sichuan Newsnet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Inventory
Total Assets		-0.9	0.96	1.0	0.99	0.49	0.98	0.94	0.97	-0.67	0.97	-0.94	0.72	0.49	1.0	0.99	0.92	0.99	-0.15	0.2	0.04	0.47	-0.59
Other Current Liab	-0.9		-0.83	-0.9	-0.95	-0.29	-0.9	-0.89	-0.83	0.83	-0.82	0.75	-0.63	-0.5	-0.9	-0.89	-0.78	-0.89	0.26	-0.13	-0.02	-0.38	0.52
Total Current Liabilities	0.96	-0.83		0.95	0.93	0.59	0.91	0.98	0.98	-0.56	0.98	-0.86	0.75	0.66	0.95	0.94	0.91	0.91	-0.22	0.41	0.07	0.64	-0.64
Total Stockholder Equity	1.0	-0.9	0.95		0.99	0.46	0.99	0.92	0.97	-0.66	0.97	-0.95	0.69	0.43	1.0	1.0	0.92	0.99	-0.12	0.14	0.03	0.42	-0.55
Retained Earnings	0.99	-0.95	0.93	0.99		0.39	0.99	0.94	0.95	-0.73	0.94	-0.91	0.68	0.47	0.99	0.98	0.87	0.98	-0.14	0.13	-0.02	0.41	-0.57
Accounts Payable	0.49	-0.29	0.59	0.46	0.39		0.36	0.51	0.46	-0.28	0.65	-0.41	0.84	0.55	0.46	0.47	0.75	0.43	-0.71	0.75	0.76	0.86	-0.64
Cash	0.98	-0.9	0.91	0.99	0.99	0.36		0.88	0.95	-0.66	0.93	-0.96	0.63	0.35	0.99	0.99	0.87	1.0	-0.03	0.02	-0.05	0.31	-0.5
Non Current Assets Total	0.94	-0.89	0.98	0.92	0.94	0.51	0.88		0.95	-0.64	0.94	-0.78	0.72	0.74	0.92	0.9	0.85	0.88	-0.26	0.43	0.0	0.65	-0.66
Non Currrent Assets Other	0.97	-0.83	0.98	0.97	0.95	0.46	0.95	0.95		-0.5	0.97	-0.92	0.62	0.53	0.97	0.96	0.88	0.94	-0.03	0.23	-0.06	0.48	-0.51
Net Receivables	-0.67	0.83	-0.56	-0.66	-0.73	-0.28	-0.66	-0.64	-0.5		-0.57	0.5	-0.73	-0.43	-0.66	-0.66	-0.58	-0.67	0.52	-0.18	-0.18	-0.38	0.72
Common Stock Shares Outstanding	0.97	-0.82	0.98	0.97	0.94	0.65	0.93	0.94	0.97	-0.57		-0.91	0.78	0.55	0.97	0.96	0.97	0.95	-0.25	0.34	0.18	0.6	-0.61
Non Current Liabilities Total	-0.94	0.75	-0.86	-0.95	-0.91	-0.41	-0.96	-0.78	-0.92	0.5	-0.91		-0.58	-0.19	-0.95	-0.96	-0.87	-0.97	-0.07	0.05	0.01	-0.24	0.42
Other Current Assets	0.72	-0.63	0.75	0.69	0.68	0.84	0.63	0.72	0.62	-0.73	0.78	-0.58		0.65	0.69	0.7	0.82	0.68	-0.73	0.64	0.54	0.82	-0.9
Total Liab	0.49	-0.5	0.66	0.43	0.47	0.55	0.35	0.74	0.53	-0.43	0.55	-0.19	0.65		0.43	0.4	0.46	0.34	-0.56	0.87	0.14	0.89	-0.72
Net Invested Capital	1.0	-0.9	0.95	1.0	0.99	0.46	0.99	0.92	0.97	-0.66	0.97	-0.95	0.69	0.43		1.0	0.92	0.99	-0.12	0.14	0.03	0.42	-0.55
Total Current Assets	0.99	-0.89	0.94	1.0	0.98	0.47	0.99	0.9	0.96	-0.66	0.96	-0.96	0.7	0.4	1.0		0.92	1.0	-0.12	0.12	0.05	0.41	-0.55
Capital Stock	0.92	-0.78	0.91	0.92	0.87	0.75	0.87	0.85	0.88	-0.58	0.97	-0.87	0.82	0.46	0.92	0.92		0.91	-0.39	0.35	0.4	0.61	-0.58
Net Working Capital	0.99	-0.89	0.91	0.99	0.98	0.43	1.0	0.88	0.94	-0.67	0.95	-0.97	0.68	0.34	0.99	1.0	0.91		-0.1	0.06	0.04	0.35	-0.53
Intangible Assets	-0.15	0.26	-0.22	-0.12	-0.14	-0.71	-0.03	-0.26	-0.03	0.52	-0.25	-0.07	-0.73	-0.56	-0.12	-0.12	-0.39	-0.1		-0.74	-0.81	-0.74	0.61
Property Plant And Equipment Net	0.2	-0.13	0.41	0.14	0.13	0.75	0.02	0.43	0.23	-0.18	0.34	0.05	0.64	0.87	0.14	0.12	0.35	0.06	-0.74		0.48	0.95	-0.66
Capital Lease Obligations	0.04	-0.02	0.07	0.03	-0.02	0.76	-0.05	0.0	-0.06	-0.18	0.18	0.01	0.54	0.14	0.03	0.05	0.4	0.04	-0.81	0.48		0.5	-0.25
Property Plant And Equipment Gross	0.47	-0.38	0.64	0.42	0.41	0.86	0.31	0.65	0.48	-0.38	0.6	-0.24	0.82	0.89	0.42	0.41	0.61	0.35	-0.74	0.95	0.5		-0.78
Inventory	-0.59	0.52	-0.64	-0.55	-0.57	-0.64	-0.5	-0.66	-0.51	0.72	-0.61	0.42	-0.9	-0.72	-0.55	-0.55	-0.58	-0.53	0.61	-0.66	-0.25	-0.78

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Sichuan Newsnet Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Sichuan Stock

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

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Sichuan Capital Stock vs Inventory Analysis

Capital Stock vs Inventory

Capital Stock vs Inventory Correlation Analysis

Correlation Coefficient

Capital Stock

Inventory

Sichuan Newsnet fundamental ratios Correlations

Sichuan Newsnet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Invested Capital

Net Working Capital	- 0.97	Non Current Liabilities Total
Total Current Assets	- 0.96	Non Current Liabilities Total
Non Current Liabilities Total	- 0.96	Cash
Net Invested Capital	- 0.95	Non Current Liabilities Total
Non Current Liabilities Total	- 0.95	Total Stockholder Equity
Retained Earnings	- 0.95	Other Current Liab