Shanghai Short Long Term Debt vs Good Will Analysis

603057 Stock   18.67  0.07  0.37%   
Shanghai Ziyan financial indicator trend analysis is much more than just breaking down Shanghai Ziyan Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Ziyan Foods is a good investment. Please check the relationship between Shanghai Ziyan Short Long Term Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Ziyan Foods. 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.

Short Long Term Debt vs Good Will

Short Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Ziyan Foods Short Long Term Debt account and Good Will. At this time, the significance of the direction appears to have totally related.
The correlation between Shanghai Ziyan's Short Long Term Debt and Good Will is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Shanghai Ziyan Foods, assuming nothing else is changed. The correlation between historical values of Shanghai Ziyan's Short Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Shanghai Ziyan Foods are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Long Term Debt i.e., Shanghai Ziyan's Short Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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.
Most indicators from Shanghai Ziyan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Ziyan Foods 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 Shanghai Ziyan Foods. 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 4, 2024, Tax Provision is expected to decline to about 77.9 M. In addition to that, Selling General Administrative is expected to decline to about 176.6 M
 2021 2022 2023 2024 (projected)
Interest Expense5.8M3.2M2.8M4.2M
Interest Income6.0M6.4M6.7M6.6M

Shanghai Ziyan fundamental ratios Correlations

0.99-0.79-0.80.92-0.820.81-0.82-0.05-0.170.70.86-0.95-0.75-0.960.79-0.930.280.84-0.81-0.58-0.79-0.75-0.850.72-0.63
0.99-0.8-0.810.87-0.830.72-0.81-0.07-0.210.60.83-0.93-0.75-0.930.7-0.910.290.76-0.81-0.51-0.8-0.75-0.830.62-0.6
-0.79-0.80.94-0.820.99-0.780.99-0.250.63-0.74-0.970.860.960.83-0.780.9-0.74-0.761.00.780.990.960.98-0.590.81
-0.8-0.810.94-0.730.93-0.710.9-0.390.38-0.63-0.930.840.980.82-0.680.82-0.71-0.630.940.710.940.980.9-0.430.9
0.920.87-0.82-0.73-0.850.9-0.87-0.13-0.320.830.9-0.96-0.71-0.960.91-0.970.290.97-0.83-0.68-0.8-0.71-0.910.89-0.58
-0.82-0.830.990.93-0.85-0.760.99-0.150.62-0.7-0.960.90.930.86-0.760.93-0.67-0.771.00.721.00.930.98-0.60.75
0.810.72-0.78-0.710.9-0.76-0.810.23-0.290.980.9-0.79-0.75-0.830.99-0.820.480.95-0.76-0.9-0.72-0.75-0.880.92-0.75
-0.82-0.810.990.9-0.870.99-0.81-0.160.64-0.77-0.980.890.920.86-0.820.93-0.68-0.820.990.770.980.920.99-0.660.75
-0.05-0.07-0.25-0.39-0.13-0.150.23-0.16-0.070.290.260.12-0.480.090.180.120.74-0.06-0.2-0.57-0.21-0.48-0.19-0.11-0.71
-0.17-0.210.630.38-0.320.62-0.290.64-0.07-0.39-0.50.290.480.2-0.370.42-0.68-0.370.620.480.630.480.56-0.280.26
0.70.6-0.74-0.630.83-0.70.98-0.770.29-0.390.85-0.68-0.7-0.710.99-0.730.540.92-0.71-0.94-0.66-0.7-0.840.91-0.72
0.860.83-0.97-0.930.9-0.960.9-0.980.26-0.50.85-0.9-0.94-0.890.89-0.920.680.86-0.97-0.85-0.95-0.94-0.990.73-0.84
-0.95-0.930.860.84-0.960.9-0.790.890.120.29-0.68-0.90.780.99-0.780.99-0.32-0.850.880.570.870.780.91-0.710.61
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.780.77-0.730.79-0.81-0.650.950.810.951.00.92-0.470.93
-0.96-0.930.830.82-0.960.86-0.830.860.090.2-0.71-0.890.990.77-0.810.97-0.28-0.870.840.580.820.770.89-0.740.63
0.790.7-0.78-0.680.91-0.760.99-0.820.18-0.370.990.89-0.78-0.73-0.81-0.820.490.97-0.76-0.9-0.72-0.73-0.880.94-0.71
-0.93-0.910.90.82-0.970.93-0.820.930.120.42-0.73-0.920.990.790.97-0.82-0.38-0.890.910.620.890.790.94-0.760.6
0.280.29-0.74-0.710.29-0.670.48-0.680.74-0.680.540.68-0.32-0.81-0.280.49-0.380.33-0.71-0.78-0.72-0.81-0.660.19-0.81
0.840.76-0.76-0.630.97-0.770.95-0.82-0.06-0.370.920.86-0.85-0.65-0.870.97-0.890.33-0.76-0.77-0.72-0.65-0.870.97-0.56
-0.81-0.811.00.94-0.831.0-0.760.99-0.20.62-0.71-0.970.880.950.84-0.760.91-0.71-0.760.741.00.950.98-0.580.78
-0.58-0.510.780.71-0.680.72-0.90.77-0.570.48-0.94-0.850.570.810.58-0.90.62-0.78-0.770.740.710.810.83-0.720.86
-0.79-0.80.990.94-0.81.0-0.720.98-0.210.63-0.66-0.950.870.950.82-0.720.89-0.72-0.721.00.710.950.96-0.530.77
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.781.00.77-0.730.79-0.81-0.650.950.810.950.92-0.470.93
-0.85-0.830.980.9-0.910.98-0.880.99-0.190.56-0.84-0.990.910.920.89-0.880.94-0.66-0.870.980.830.960.92-0.740.79
0.720.62-0.59-0.430.89-0.60.92-0.66-0.11-0.280.910.73-0.71-0.47-0.740.94-0.760.190.97-0.58-0.72-0.53-0.47-0.74-0.43
-0.63-0.60.810.9-0.580.75-0.750.75-0.710.26-0.72-0.840.610.930.63-0.710.6-0.81-0.560.780.860.770.930.79-0.43
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Balance Sheet is a snapshot of the financial position of Shanghai Ziyan Foods at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Ziyan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Ziyan 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.