CSSC Total Stockholder Equity vs Long Term Investments Analysis

600685 Stock   24.73  0.02  0.08%   
CSSC Offshore financial indicator trend analysis is way more than just evaluating CSSC Offshore Marine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSSC Offshore Marine is a good investment. Please check the relationship between CSSC Offshore Total Stockholder Equity and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSSC Offshore Marine. 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 Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSSC Offshore Marine Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CSSC Offshore's Total Stockholder Equity and Long Term Investments is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of CSSC Offshore Marine, assuming nothing else is changed. The correlation between historical values of CSSC Offshore's Total Stockholder Equity and Long Term Investments 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 Stockholder Equity of CSSC Offshore Marine are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., CSSC Offshore's Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Investments

Long Term Investments is an item on the asset side of CSSC Offshore balance sheet that represents investments CSSC Offshore Marine intends to hold for over a year. CSSC Offshore Marine long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from CSSC Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSSC Offshore Marine 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 CSSC Offshore Marine. 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 341.7 M, whereas Tax Provision is projected to grow to (108 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue10.5B11.9B15.1B13.9B
Research Development617.5M576.3M658.5M577.0M

CSSC Offshore fundamental ratios Correlations

0.460.88-0.40.48-0.32-0.270.490.75-0.210.410.32-0.110.310.41-0.460.8-0.370.320.83-0.390.520.460.48-0.170.24
0.460.6-0.590.71-0.580.07-0.170.48-0.630.47-0.050.280.570.88-0.630.63-0.620.150.59-0.750.610.820.51-0.610.52
0.880.6-0.680.71-0.62-0.280.450.86-0.570.60.28-0.180.560.45-0.670.96-0.660.20.96-0.630.780.390.7-0.450.4
-0.4-0.59-0.68-0.660.990.55-0.21-0.370.79-0.84-0.470.22-0.67-0.560.94-0.790.49-0.27-0.750.78-0.99-0.43-0.960.78-0.12
0.480.710.71-0.66-0.650.110.090.66-0.820.73-0.120.140.850.38-0.590.82-0.58-0.310.76-0.880.730.350.59-0.650.79
-0.32-0.58-0.620.99-0.650.55-0.21-0.320.79-0.82-0.470.21-0.64-0.550.9-0.750.49-0.27-0.690.75-0.97-0.37-0.950.75-0.12
-0.270.07-0.280.550.110.55-0.380.16-0.02-0.28-0.950.430.13-0.240.46-0.27-0.13-0.71-0.24-0.01-0.53-0.05-0.670.040.67
0.49-0.170.45-0.210.09-0.21-0.380.370.090.170.51-0.15-0.1-0.17-0.140.38-0.180.410.420.160.28-0.190.270.15-0.13
0.750.480.86-0.370.66-0.320.160.37-0.540.47-0.16-0.130.590.19-0.40.82-0.73-0.130.86-0.540.490.220.38-0.390.65
-0.21-0.63-0.570.79-0.820.79-0.020.09-0.54-0.840.150.04-0.94-0.360.76-0.730.670.29-0.70.94-0.79-0.33-0.690.93-0.59
0.410.470.6-0.840.73-0.82-0.280.170.47-0.840.17-0.160.880.35-0.780.8-0.38-0.070.77-0.850.860.320.85-0.810.33
0.32-0.050.28-0.47-0.12-0.47-0.950.51-0.160.150.17-0.41-0.260.27-0.40.230.190.810.20.110.460.080.580.1-0.67
-0.110.28-0.180.220.140.210.43-0.15-0.130.04-0.16-0.410.00.130.24-0.16-0.23-0.19-0.15-0.03-0.210.29-0.33-0.010.34
0.310.570.56-0.670.85-0.640.13-0.10.59-0.940.88-0.260.00.27-0.650.75-0.54-0.430.72-0.940.710.310.61-0.870.68
0.410.880.45-0.560.38-0.55-0.24-0.170.19-0.360.350.270.130.27-0.620.44-0.340.530.41-0.520.540.880.53-0.440.08
-0.46-0.63-0.670.94-0.590.90.46-0.14-0.40.76-0.78-0.40.24-0.65-0.62-0.760.48-0.31-0.740.79-0.92-0.61-0.880.84-0.1
0.80.630.96-0.790.82-0.75-0.270.380.82-0.730.80.23-0.160.750.44-0.76-0.630.080.99-0.790.880.40.81-0.620.47
-0.37-0.62-0.660.49-0.580.49-0.13-0.18-0.730.67-0.380.19-0.23-0.54-0.340.48-0.630.05-0.670.56-0.53-0.32-0.380.57-0.55
0.320.150.2-0.27-0.31-0.27-0.710.41-0.130.29-0.070.81-0.19-0.430.53-0.310.080.050.10.230.240.380.350.15-0.67
0.830.590.96-0.750.76-0.69-0.240.420.86-0.70.770.2-0.150.720.41-0.740.99-0.670.1-0.750.830.410.76-0.620.44
-0.39-0.75-0.630.78-0.880.75-0.010.16-0.540.94-0.850.11-0.03-0.94-0.520.79-0.790.560.23-0.75-0.8-0.55-0.70.9-0.61
0.520.610.78-0.990.73-0.97-0.530.280.49-0.790.860.46-0.210.710.54-0.920.88-0.530.240.83-0.80.420.97-0.750.2
0.460.820.39-0.430.35-0.37-0.05-0.190.22-0.330.320.080.290.310.88-0.610.4-0.320.380.41-0.550.420.35-0.520.15
0.480.510.7-0.960.59-0.95-0.670.270.38-0.690.850.58-0.330.610.53-0.880.81-0.380.350.76-0.70.970.35-0.660.02
-0.17-0.61-0.450.78-0.650.750.040.15-0.390.93-0.810.1-0.01-0.87-0.440.84-0.620.570.15-0.620.9-0.75-0.52-0.66-0.39
0.240.520.4-0.120.79-0.120.67-0.130.65-0.590.33-0.670.340.680.08-0.10.47-0.55-0.670.44-0.610.20.150.02-0.39
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CSSC Offshore Account Relationship Matchups

CSSC Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3B38.9B44.3B46.5B50.9B37.3B
Other Current Liab9.1B6.9B11.0B13.6B167.1M158.7M
Total Current Liabilities29.4B18.5B21.0B24.4B26.5B20.1B
Total Stockholder Equity10.1B14.4B15.5B15.6B16.4B13.8B
Other Liab1.2B673.6M1.2B1.0B920.6M1.1B
Net Tangible Assets7.9B13.5B14.6B14.7B16.9B11.5B
Retained Earnings(642.9M)3.0B2.9B3.3B2.3B1.8B
Accounts Payable11.8B6.7B7.2B6.3B8.8B8.4B
Cash14.3B8.8B9.6B14.8B16.4B10.3B
Other Assets3.3B2.9B3.7B3.4B3.9B2.6B
Long Term Debt6.0B2.1B3.2B2.2B3.3B3.9B
Net Receivables11.8B1.2B1.1B1.1B2.1B3.3B
Short Term Investments48.8M1.1B3.3B29.9M9.1M8.7M
Inventory4.3B4.2B4.9B4.4B5.4B5.5B
Other Current Assets2.7B1.8B2.3B3.0B445.7M423.4M
Other Stockholder Equity(41.3M)699.0M1.9B1.5B1.7B1.8B
Total Liab36.8B21.4B25.6B27.7B31.3B25.1B
Short Long Term Debt6.1B2.0B1.9B2.9B780.5M741.5M
Total Current Assets33.2B21.8B24.1B25.8B29.8B23.0B
Intangible Assets2.1B918.9M933.6M910.4M886.4M1.2B
Property Plant Equipment12.8B4.4B5.2B5.8B5.2B7.6B
Non Current Assets Total19.1B17.1B20.2B20.6B21.0B20.2B
Non Currrent Assets Other78.0M389.9M728.1M736.4M596.5M523.8M
Non Current Liabilities Total7.3B2.9B4.6B3.4B4.8B4.8B
Non Current Liabilities Other694.9M146.7M314.5M302.8M267.8M357.4M
Deferred Long Term Liab75.6M21.2M51.2M49.6M44.6M48.7M
Net Invested Capital22.3B18.6B20.6B20.7B20.5B22.4B
Net Working Capital3.8B3.3B3.1B1.5B3.3B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in CSSC Stock

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