Shuhua Selling General Administrative vs Ebitda 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 Selling General Administrative and its Ebitda 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.

Selling General Administrative vs Ebitda

Selling General Administrative vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shuhua Sports Selling General Administrative account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shuhua Sports' Selling General Administrative and Ebitda is 0.79. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda 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' Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Shuhua Sports Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., Shuhua Sports' Selling General Administrative and Ebitda go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Ebitda

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 Expense4.3M5.4M3.3M6.3M
Interest Income1.1M1.5M1.5M1.2M

Shuhua Sports fundamental ratios Correlations

-0.95-0.580.96-0.660.980.930.76-0.44-0.64-0.66-0.750.96-0.950.510.67-0.650.99-0.650.990.960.94-0.82-0.720.680.73
-0.950.72-1.00.53-0.99-0.86-0.70.30.720.530.83-0.970.97-0.69-0.830.78-0.960.82-0.95-0.97-0.990.780.63-0.7-0.71
-0.580.72-0.730.56-0.7-0.4-0.070.50.850.560.88-0.780.77-0.5-0.831.0-0.60.93-0.53-0.78-0.690.790.67-0.57-0.86
0.96-1.0-0.73-0.570.990.870.69-0.34-0.74-0.57-0.830.98-0.970.650.82-0.790.97-0.810.960.980.99-0.81-0.670.720.74
-0.660.530.56-0.57-0.64-0.56-0.110.950.711.00.49-0.70.640.16-0.280.59-0.650.38-0.62-0.7-0.540.920.98-0.64-0.89
0.98-0.99-0.70.99-0.640.890.7-0.43-0.73-0.64-0.830.99-0.980.590.77-0.770.99-0.760.970.990.97-0.85-0.730.710.78
0.93-0.86-0.40.87-0.560.890.8-0.28-0.42-0.56-0.570.85-0.870.530.65-0.490.9-0.560.920.850.84-0.67-0.550.490.55
0.76-0.7-0.070.69-0.110.70.80.13-0.07-0.11-0.440.62-0.650.630.43-0.160.74-0.290.760.620.67-0.26-0.150.230.16
-0.440.30.5-0.340.95-0.43-0.280.130.640.950.41-0.510.440.36-0.090.51-0.430.23-0.39-0.51-0.310.810.92-0.52-0.84
-0.640.720.85-0.740.71-0.73-0.42-0.070.640.710.68-0.760.69-0.19-0.570.85-0.70.71-0.67-0.76-0.760.890.83-0.91-0.86
-0.660.530.56-0.571.0-0.64-0.56-0.110.950.710.49-0.70.640.16-0.280.59-0.650.38-0.62-0.7-0.540.920.98-0.64-0.89
-0.750.830.88-0.830.49-0.83-0.57-0.440.410.680.49-0.880.89-0.67-0.840.91-0.750.88-0.68-0.88-0.770.740.62-0.46-0.81
0.96-0.97-0.780.98-0.70.990.850.62-0.51-0.76-0.7-0.88-0.990.570.79-0.840.96-0.810.931.00.95-0.89-0.780.690.85
-0.950.970.77-0.970.64-0.98-0.87-0.650.440.690.640.89-0.99-0.64-0.840.83-0.940.83-0.91-0.99-0.930.840.71-0.6-0.81
0.51-0.69-0.50.650.160.590.530.630.36-0.190.16-0.670.57-0.640.86-0.540.51-0.750.480.570.62-0.180.050.080.18
0.67-0.83-0.830.82-0.280.770.650.43-0.09-0.57-0.28-0.840.79-0.840.86-0.860.67-0.970.620.790.78-0.58-0.370.370.59
-0.650.781.0-0.790.59-0.77-0.49-0.160.510.850.590.91-0.840.83-0.54-0.86-0.670.95-0.61-0.84-0.750.820.7-0.6-0.88
0.99-0.96-0.60.97-0.650.990.90.74-0.43-0.7-0.65-0.750.96-0.940.510.67-0.67-0.660.990.960.96-0.82-0.720.740.73
-0.650.820.93-0.810.38-0.76-0.56-0.290.230.710.380.88-0.810.83-0.75-0.970.95-0.66-0.61-0.81-0.780.680.49-0.49-0.71
0.99-0.95-0.530.96-0.620.970.920.76-0.39-0.67-0.62-0.680.93-0.910.480.62-0.610.99-0.610.930.96-0.79-0.690.750.68
0.96-0.97-0.780.98-0.70.990.850.62-0.51-0.76-0.7-0.881.0-0.990.570.79-0.840.96-0.810.930.95-0.89-0.780.690.85
0.94-0.99-0.690.99-0.540.970.840.67-0.31-0.76-0.54-0.770.95-0.930.620.78-0.750.96-0.780.960.95-0.79-0.650.790.7
-0.820.780.79-0.810.92-0.85-0.67-0.260.810.890.920.74-0.890.84-0.18-0.580.82-0.820.68-0.79-0.89-0.790.97-0.79-0.97
-0.720.630.67-0.670.98-0.73-0.55-0.150.920.830.980.62-0.780.710.05-0.370.7-0.720.49-0.69-0.78-0.650.97-0.75-0.95
0.68-0.7-0.570.72-0.640.710.490.23-0.52-0.91-0.64-0.460.69-0.60.080.37-0.60.74-0.490.750.690.79-0.79-0.750.68
0.73-0.71-0.860.74-0.890.780.550.16-0.84-0.86-0.89-0.810.85-0.810.180.59-0.880.73-0.710.680.850.7-0.97-0.950.68
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Shuhua Sports Account Relationship Matchups

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Other Information on Investing in Shuhua Stock

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.