Shuhua Net Debt vs Common Stock Shares Outstanding Analysis

605299 Stock

8.59 0.13 1.54%

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

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shuhua Sports Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shuhua Sports' Net Debt and Common Stock Shares Outstanding is -0.7. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Shuhua Sports Co, assuming nothing else is changed. The correlation between historical values of Shuhua Sports' Net Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Shuhua Sports Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Shuhua Sports' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Shuhua Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shuhua Sports 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 Shuhua Sports 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 1, 2024, Tax Provision is expected to decline to about 28 M. In addition to that, Selling General Administrative is expected to decline to about 135 M

	2021	2022	2023	2024 (projected)
Interest Expense	4.3M	5.4M	3.3M	6.3M
Interest Income	1.1M	1.5M	1.5M	1.2M

Interest Expense Interest Income

Shuhua Sports fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.95	-0.58	0.96	-0.66	0.98	0.93	0.76	-0.44	-0.64	-0.66	-0.75	0.96	-0.95	0.51	0.67	-0.65	0.99	-0.65	0.99	0.96	0.94	-0.82	-0.72	0.68	0.73
Other Current Liab	-0.95		0.72	-1.0	0.53	-0.99	-0.86	-0.7	0.3	0.72	0.53	0.83	-0.97	0.97	-0.69	-0.83	0.78	-0.96	0.82	-0.95	-0.97	-0.99	0.78	0.63	-0.7	-0.71
Total Current Liabilities	-0.58	0.72		-0.73	0.56	-0.7	-0.4	-0.07	0.5	0.85	0.56	0.88	-0.78	0.77	-0.5	-0.83	1.0	-0.6	0.93	-0.53	-0.78	-0.69	0.79	0.67	-0.57	-0.86
Total Stockholder Equity	0.96	-1.0	-0.73		-0.57	0.99	0.87	0.69	-0.34	-0.74	-0.57	-0.83	0.98	-0.97	0.65	0.82	-0.79	0.97	-0.81	0.96	0.98	0.99	-0.81	-0.67	0.72	0.74
Net Debt	-0.66	0.53	0.56	-0.57		-0.64	-0.56	-0.11	0.95	0.71	1.0	0.49	-0.7	0.64	0.16	-0.28	0.59	-0.65	0.38	-0.62	-0.7	-0.54	0.92	0.98	-0.64	-0.89
Retained Earnings	0.98	-0.99	-0.7	0.99	-0.64		0.89	0.7	-0.43	-0.73	-0.64	-0.83	0.99	-0.98	0.59	0.77	-0.77	0.99	-0.76	0.97	0.99	0.97	-0.85	-0.73	0.71	0.78
Accounts Payable	0.93	-0.86	-0.4	0.87	-0.56	0.89		0.8	-0.28	-0.42	-0.56	-0.57	0.85	-0.87	0.53	0.65	-0.49	0.9	-0.56	0.92	0.85	0.84	-0.67	-0.55	0.49	0.55
Cash	0.76	-0.7	-0.07	0.69	-0.11	0.7	0.8		0.13	-0.07	-0.11	-0.44	0.62	-0.65	0.63	0.43	-0.16	0.74	-0.29	0.76	0.62	0.67	-0.26	-0.15	0.23	0.16
Non Current Assets Total	-0.44	0.3	0.5	-0.34	0.95	-0.43	-0.28	0.13		0.64	0.95	0.41	-0.51	0.44	0.36	-0.09	0.51	-0.43	0.23	-0.39	-0.51	-0.31	0.81	0.92	-0.52	-0.84
Non Currrent Assets Other	-0.64	0.72	0.85	-0.74	0.71	-0.73	-0.42	-0.07	0.64		0.71	0.68	-0.76	0.69	-0.19	-0.57	0.85	-0.7	0.71	-0.67	-0.76	-0.76	0.89	0.83	-0.91	-0.86
Long Term Debt	-0.66	0.53	0.56	-0.57	1.0	-0.64	-0.56	-0.11	0.95	0.71		0.49	-0.7	0.64	0.16	-0.28	0.59	-0.65	0.38	-0.62	-0.7	-0.54	0.92	0.98	-0.64	-0.89
Net Receivables	-0.75	0.83	0.88	-0.83	0.49	-0.83	-0.57	-0.44	0.41	0.68	0.49		-0.88	0.89	-0.67	-0.84	0.91	-0.75	0.88	-0.68	-0.88	-0.77	0.74	0.62	-0.46	-0.81
Common Stock Shares Outstanding	0.96	-0.97	-0.78	0.98	-0.7	0.99	0.85	0.62	-0.51	-0.76	-0.7	-0.88		-0.99	0.57	0.79	-0.84	0.96	-0.81	0.93	1.0	0.95	-0.89	-0.78	0.69	0.85
Non Current Liabilities Total	-0.95	0.97	0.77	-0.97	0.64	-0.98	-0.87	-0.65	0.44	0.69	0.64	0.89	-0.99		-0.64	-0.84	0.83	-0.94	0.83	-0.91	-0.99	-0.93	0.84	0.71	-0.6	-0.81
Inventory	0.51	-0.69	-0.5	0.65	0.16	0.59	0.53	0.63	0.36	-0.19	0.16	-0.67	0.57	-0.64		0.86	-0.54	0.51	-0.75	0.48	0.57	0.62	-0.18	0.05	0.08	0.18
Other Current Assets	0.67	-0.83	-0.83	0.82	-0.28	0.77	0.65	0.43	-0.09	-0.57	-0.28	-0.84	0.79	-0.84	0.86		-0.86	0.67	-0.97	0.62	0.79	0.78	-0.58	-0.37	0.37	0.59
Total Liab	-0.65	0.78	1.0	-0.79	0.59	-0.77	-0.49	-0.16	0.51	0.85	0.59	0.91	-0.84	0.83	-0.54	-0.86		-0.67	0.95	-0.61	-0.84	-0.75	0.82	0.7	-0.6	-0.88
Net Invested Capital	0.99	-0.96	-0.6	0.97	-0.65	0.99	0.9	0.74	-0.43	-0.7	-0.65	-0.75	0.96	-0.94	0.51	0.67	-0.67		-0.66	0.99	0.96	0.96	-0.82	-0.72	0.74	0.73
Short Long Term Debt	-0.65	0.82	0.93	-0.81	0.38	-0.76	-0.56	-0.29	0.23	0.71	0.38	0.88	-0.81	0.83	-0.75	-0.97	0.95	-0.66		-0.61	-0.81	-0.78	0.68	0.49	-0.49	-0.71
Total Current Assets	0.99	-0.95	-0.53	0.96	-0.62	0.97	0.92	0.76	-0.39	-0.67	-0.62	-0.68	0.93	-0.91	0.48	0.62	-0.61	0.99	-0.61		0.93	0.96	-0.79	-0.69	0.75	0.68
Capital Stock	0.96	-0.97	-0.78	0.98	-0.7	0.99	0.85	0.62	-0.51	-0.76	-0.7	-0.88	1.0	-0.99	0.57	0.79	-0.84	0.96	-0.81	0.93		0.95	-0.89	-0.78	0.69	0.85
Net Working Capital	0.94	-0.99	-0.69	0.99	-0.54	0.97	0.84	0.67	-0.31	-0.76	-0.54	-0.77	0.95	-0.93	0.62	0.78	-0.75	0.96	-0.78	0.96	0.95		-0.79	-0.65	0.79	0.7
Intangible Assets	-0.82	0.78	0.79	-0.81	0.92	-0.85	-0.67	-0.26	0.81	0.89	0.92	0.74	-0.89	0.84	-0.18	-0.58	0.82	-0.82	0.68	-0.79	-0.89	-0.79		0.97	-0.79	-0.97
Property Plant And Equipment Net	-0.72	0.63	0.67	-0.67	0.98	-0.73	-0.55	-0.15	0.92	0.83	0.98	0.62	-0.78	0.71	0.05	-0.37	0.7	-0.72	0.49	-0.69	-0.78	-0.65	0.97		-0.75	-0.95
Capital Lease Obligations	0.68	-0.7	-0.57	0.72	-0.64	0.71	0.49	0.23	-0.52	-0.91	-0.64	-0.46	0.69	-0.6	0.08	0.37	-0.6	0.74	-0.49	0.75	0.69	0.79	-0.79	-0.75		0.68
Property Plant And Equipment Gross	0.73	-0.71	-0.86	0.74	-0.89	0.78	0.55	0.16	-0.84	-0.86	-0.89	-0.81	0.85	-0.81	0.18	0.59	-0.88	0.73	-0.71	0.68	0.85	0.7	-0.97	-0.95	0.68

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

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Shuhua Net Debt vs Common Stock Shares Outstanding Analysis

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock Shares Outstanding

Shuhua Sports fundamental ratios Correlations

Shuhua Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shuhua Stock

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Total Liab	+ 1.0	Total Current Liabilities
Long Term Debt	+ 1.0	Net Debt
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Net Invested Capital	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Total Stockholder Equity	- 1.0	Other Current Liab
Capital Stock	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.99	Common Stock Shares Outstanding
Net Working Capital	- 0.99	Other Current Liab
Retained Earnings	- 0.99	Other Current Liab
Non Current Liabilities Total	- 0.98	Retained Earnings