Sino Change To Account Receivables vs Change To Netincome Analysis

600459 Stock   14.36  0.17  1.20%   
Sino Platinum financial indicator trend analysis is much more than just breaking down Sino Platinum Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sino Platinum Metals is a good investment. Please check the relationship between Sino Platinum Change To Account Receivables and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sino Platinum Metals Co. 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.

Change To Account Receivables vs Change To Netincome

Change To Account Receivables vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sino Platinum Metals Change To Account Receivables account and Change To Netincome. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sino Platinum's Change To Account Receivables and Change To Netincome is -0.7. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Sino Platinum Metals Co, assuming nothing else is changed. The correlation between historical values of Sino Platinum's Change To Account Receivables and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Sino Platinum Metals Co are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Account Receivables i.e., Sino Platinum's Change To Account Receivables and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Account Receivables

Change To Netincome

Most indicators from Sino Platinum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sino Platinum Metals 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 Sino Platinum Metals Co. 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 12, 2024, Selling General Administrative is expected to decline to about 88.1 M. In addition to that, Tax Provision is expected to decline to about 57.9 M
 2021 2022 2023 2024 (projected)
Operating Income759.4M723.5M732.2M768.8M
Total Revenue36.4B40.8B45.1B47.3B

Sino Platinum fundamental ratios Correlations

0.610.770.940.950.930.980.930.90.720.980.840.960.880.970.93-0.350.760.89-0.25-0.5-0.520.960.880.130.89
0.610.920.360.410.50.680.660.520.590.620.440.770.330.450.45-0.190.290.28-0.01-0.40.20.70.40.20.54
0.770.920.540.630.680.780.750.660.820.780.550.910.570.650.67-0.330.490.440.11-0.40.060.840.570.170.69
0.940.360.540.950.920.910.870.820.560.910.810.810.910.970.91-0.340.780.97-0.36-0.48-0.710.850.9-0.010.8
0.950.410.630.950.910.910.840.880.670.910.850.870.920.980.96-0.340.860.9-0.29-0.44-0.630.870.850.170.86
0.930.50.680.920.910.850.750.740.670.970.620.850.890.940.93-0.360.760.85-0.13-0.7-0.630.830.77-0.070.7
0.980.680.780.910.910.850.970.910.660.930.890.950.810.930.86-0.270.690.87-0.34-0.44-0.450.970.880.20.91
0.930.660.750.870.840.750.970.880.640.850.890.910.770.870.77-0.270.630.84-0.33-0.29-0.360.950.890.20.89
0.90.520.660.820.880.740.910.880.640.850.890.890.70.890.78-0.210.650.8-0.41-0.3-0.440.910.780.40.98
0.720.590.820.560.670.670.660.640.640.730.490.790.660.660.71-0.440.610.420.13-0.310.030.730.53-0.030.67
0.980.620.780.910.910.970.930.850.850.730.720.940.860.950.91-0.330.70.86-0.16-0.63-0.530.930.810.030.83
0.840.440.550.810.850.620.890.890.890.490.720.790.690.830.77-0.310.630.79-0.5-0.12-0.420.830.820.410.9
0.960.770.910.810.870.850.950.910.890.790.940.790.780.890.85-0.320.670.74-0.14-0.47-0.310.960.770.230.89
0.880.330.570.910.920.890.810.770.70.660.860.690.780.880.9-0.270.780.86-0.13-0.47-0.610.780.83-0.170.69
0.970.450.650.970.980.940.930.870.890.660.950.830.890.880.95-0.390.820.91-0.3-0.5-0.640.890.860.170.86
0.930.450.670.910.960.930.860.770.780.710.910.770.850.90.95-0.530.850.81-0.19-0.52-0.580.810.760.080.76
-0.35-0.19-0.33-0.34-0.34-0.36-0.27-0.27-0.21-0.44-0.33-0.31-0.32-0.27-0.39-0.53-0.36-0.17-0.010.180.1-0.21-0.170.01-0.19
0.760.290.490.780.860.760.690.630.650.610.70.630.670.780.820.85-0.360.68-0.21-0.3-0.50.640.650.130.63
0.890.280.440.970.90.850.870.840.80.420.860.790.740.860.910.81-0.170.68-0.43-0.44-0.770.820.92-0.010.78
-0.25-0.010.11-0.36-0.29-0.13-0.34-0.33-0.410.13-0.16-0.5-0.14-0.13-0.3-0.19-0.01-0.21-0.430.150.28-0.26-0.33-0.22-0.42
-0.5-0.4-0.4-0.48-0.44-0.7-0.44-0.29-0.3-0.31-0.63-0.12-0.47-0.47-0.5-0.520.18-0.3-0.440.150.42-0.39-0.230.17-0.23
-0.520.20.06-0.71-0.63-0.63-0.45-0.36-0.440.03-0.53-0.42-0.31-0.61-0.64-0.580.1-0.5-0.770.280.42-0.33-0.510.05-0.34
0.960.70.840.850.870.830.970.950.910.730.930.830.960.780.890.81-0.210.640.82-0.26-0.39-0.330.890.170.94
0.880.40.570.90.850.770.880.890.780.530.810.820.770.830.860.76-0.170.650.92-0.33-0.23-0.510.89-0.010.83
0.130.20.17-0.010.17-0.070.20.20.4-0.030.030.410.23-0.170.170.080.010.13-0.01-0.220.170.050.17-0.010.36
0.890.540.690.80.860.70.910.890.980.670.830.90.890.690.860.76-0.190.630.78-0.42-0.23-0.340.940.830.36
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Sino Platinum Account Relationship Matchups

Sino Platinum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B9.6B11.1B13.1B11.8B12.4B
Other Current Liab530.8M1.8B1.2B1.3B179.4M170.4M
Total Current Liabilities2.7B4.8B4.3B4.2B2.5B1.5B
Total Stockholder Equity3.2B3.4B3.7B5.9B6.5B6.8B
Other Liab297.6M321.9M314.8M552.2M635.1M666.8M
Retained Earnings787.4M995.4M683.4M821.9M1.1B1.2B
Accounts Payable181.1M317.6M387.1M472.4M347.7M365.1M
Cash1.0B1.5B2.1B3.2B1.8B1.9B
Long Term Debt1.2B769.5M2.8B2.0B1.8B1.9B
Net Receivables2.0B1.3B1.7B1.9B1.5B795.6M
Inventory3.3B4.0B3.5B3.9B4.2B4.4B
Other Current Assets87.4M139.7M485.7M496.7M347.1M364.5M
Total Liab4.1B5.9B7.1B6.9B5.0B5.3B
Intangible Assets134.8M122.4M119.8M284.1M275.8M289.6M
Property Plant Equipment901.5M863.2M1.0B1.2B1.4B1.4B
Other Assets151.1M132.4M133.5M226.3M260.2M273.2M
Net Tangible Assets3.1B3.3B3.6B5.7B6.5B6.9B
Other Stockholder Equity13.2M496.7K1.3M(3.0M)(2.7M)(2.6M)
Deferred Long Term Liab90.4M63.7M56.1M90.2M81.2M63.5M
Total Current Assets6.4B8.3B10.0B11.2B9.9B7.3B
Non Current Assets Total1.2B1.3B1.4B1.8B1.9B1.5B
Non Currrent Assets Other25.8M27.4M64.4M26.7M22.6M33.9M
Non Current Liabilities Total1.5B1.1B3.3B2.6B2.5B1.7B
Short Long Term Debt1.9B1.9B1.7B694.0M710.2M1.1B
Non Current Liabilities Other650M150M1.1B3.9M3.1M2.9M
Net Debt2.0B1.2B2.4B727.0M654.3M1.3B
Net Invested Capital6.2B6.1B8.2B8.6B9.0B7.3B
Net Working Capital3.7B3.4B5.9B7.0B7.4B4.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Sino Stock

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