Shanghai Other Current Assets vs Capital Lease Obligations Analysis

688385 Stock

40.68 0.64 1.55%

Shanghai Fudan financial indicator trend analysis is much more than just breaking down Shanghai Fudan Micro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Fudan Micro is a good investment. Please check the relationship between Shanghai Fudan Other Current Assets and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Fudan Microelectronics. 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.

Other Current Assets vs Capital Lease Obligations

Other Current Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Fudan Micro Other Current Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shanghai Fudan's Other Current Assets and Capital Lease Obligations is -0.13. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Shanghai Fudan Microelectronics, assuming nothing else is changed. The correlation between historical values of Shanghai Fudan's Other Current Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Shanghai Fudan Microelectronics are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Other Current Assets i.e., Shanghai Fudan's Other Current Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Capital Lease Obligations

Shanghai Fudan Micro capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Shanghai Fudan asset purchases. For example, Shanghai Fudan can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Shanghai Fudan control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Shanghai Fudan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Fudan Micro 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 Fudan Microelectronics. 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 Tax Provision is expected to grow to about 5.4 M, whereas Selling General Administrative is forecasted to decline to about 103.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.5M	4.4M	28.0M	29.4M
Interest Income	8.4M	14.8M	15.5M	11.7M

Interest Expense Interest Income

Shanghai Fudan fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Other Current Assets	Property Plant And Equipment Gross	Other Current Liab	Non Currrent Assets Other	Short Term Investments
Total Assets		0.97	0.99	1.0	0.95	0.92	1.0	0.73	0.97	0.87	0.73	0.2	0.87	0.84	1.0	0.78	1.0	0.87	0.99	0.99	0.98	0.67	0.86	0.96	0.96	-0.91
Total Current Liabilities	0.97		0.93	0.94	0.9	0.79	0.97	0.8	0.96	0.78	0.81	0.19	0.88	0.87	0.98	0.83	0.97	0.78	0.93	0.98	0.99	0.48	0.95	0.9	0.9	-0.85
Total Stockholder Equity	0.99	0.93		1.0	0.96	0.96	0.99	0.68	0.95	0.91	0.68	0.21	0.85	0.81	0.99	0.73	0.99	0.91	1.0	0.97	0.95	0.73	0.8	0.95	0.95	-0.91
Retained Earnings	1.0	0.94	1.0		0.95	0.94	0.99	0.7	0.97	0.88	0.7	0.19	0.86	0.82	0.99	0.75	1.0	0.88	1.0	0.98	0.96	0.73	0.82	0.97	0.97	-0.93
Accounts Payable	0.95	0.9	0.96	0.95		0.91	0.93	0.7	0.86	0.95	0.72	0.43	0.85	0.84	0.95	0.76	0.96	0.95	0.96	0.92	0.92	0.6	0.82	0.85	0.85	-0.85
Cash	0.92	0.79	0.96	0.94	0.91		0.9	0.52	0.86	0.93	0.52	0.17	0.74	0.69	0.9	0.58	0.92	0.93	0.96	0.87	0.84	0.85	0.61	0.91	0.9	-0.88
Non Current Assets Total	1.0	0.97	0.99	0.99	0.93	0.9		0.74	0.98	0.85	0.74	0.17	0.87	0.84	1.0	0.78	1.0	0.85	0.99	1.0	0.98	0.67	0.86	0.97	0.97	-0.92
Long Term Debt	0.73	0.8	0.68	0.7	0.7	0.52	0.74		0.76	0.67	1.0	-0.03	0.95	0.97	0.74	1.0	0.73	0.67	0.68	0.76	0.83	0.25	0.87	0.67	0.67	-0.81
Net Receivables	0.97	0.96	0.95	0.97	0.86	0.86	0.98	0.76		0.78	0.76	0.02	0.87	0.84	0.97	0.8	0.97	0.78	0.95	0.99	0.97	0.68	0.84	0.98	0.98	-0.94
Common Stock Shares Outstanding	0.87	0.78	0.91	0.88	0.95	0.93	0.85	0.67	0.78		0.68	0.3	0.84	0.82	0.86	0.73	0.88	1.0	0.91	0.82	0.83	0.66	0.69	0.78	0.78	-0.85
Non Current Liabilities Total	0.73	0.81	0.68	0.7	0.72	0.52	0.74	1.0	0.76	0.68		0.02	0.96	0.98	0.75	1.0	0.73	0.68	0.68	0.77	0.83	0.25	0.87	0.66	0.67	-0.8
Capital Lease Obligations	0.2	0.19	0.21	0.19	0.43	0.17	0.17	-0.03	0.02	0.3	0.02		0.05	0.07	0.2	0.02	0.21	0.3	0.21	0.18	0.16	-0.13	0.23	-0.01	-0.01	0.05
Inventory	0.87	0.88	0.85	0.86	0.85	0.74	0.87	0.95	0.87	0.84	0.96	0.05		1.0	0.87	0.98	0.87	0.84	0.85	0.88	0.91	0.51	0.86	0.82	0.83	-0.93
Total Liab	0.84	0.87	0.81	0.82	0.84	0.69	0.84	0.97	0.84	0.82	0.98	0.07	1.0		0.85	0.99	0.84	0.82	0.81	0.85	0.9	0.43	0.87	0.78	0.78	-0.9
Net Invested Capital	1.0	0.98	0.99	0.99	0.95	0.9	1.0	0.74	0.97	0.86	0.75	0.2	0.87	0.85		0.79	1.0	0.86	0.99	0.99	0.99	0.63	0.88	0.95	0.95	-0.9
Short Long Term Debt	0.78	0.83	0.73	0.75	0.76	0.58	0.78	1.0	0.8	0.73	1.0	0.02	0.98	0.99	0.79		0.77	0.73	0.73	0.8	0.86	0.32	0.87	0.71	0.72	-0.85
Total Current Assets	1.0	0.97	0.99	1.0	0.96	0.92	1.0	0.73	0.97	0.88	0.73	0.21	0.87	0.84	1.0	0.77		0.88	0.99	0.99	0.98	0.66	0.86	0.95	0.95	-0.91
Capital Stock	0.87	0.78	0.91	0.88	0.95	0.93	0.85	0.67	0.78	1.0	0.68	0.3	0.84	0.82	0.86	0.73	0.88		0.91	0.82	0.83	0.66	0.69	0.78	0.78	-0.85
Net Working Capital	0.99	0.93	1.0	1.0	0.96	0.96	0.99	0.68	0.95	0.91	0.68	0.21	0.85	0.81	0.99	0.73	0.99	0.91		0.97	0.96	0.73	0.8	0.95	0.95	-0.91
Intangible Assets	0.99	0.98	0.97	0.98	0.92	0.87	1.0	0.76	0.99	0.82	0.77	0.18	0.88	0.85	0.99	0.8	0.99	0.82	0.97		0.99	0.63	0.88	0.96	0.96	-0.91
Property Plant And Equipment Net	0.98	0.99	0.95	0.96	0.92	0.84	0.98	0.83	0.97	0.83	0.83	0.16	0.91	0.9	0.99	0.86	0.98	0.83	0.96	0.99		0.55	0.94	0.92	0.92	-0.9
Other Current Assets	0.67	0.48	0.73	0.73	0.6	0.85	0.67	0.25	0.68	0.66	0.25	-0.13	0.51	0.43	0.63	0.32	0.66	0.66	0.73	0.63	0.55		0.21	0.8	0.8	-0.77
Property Plant And Equipment Gross	0.86	0.95	0.8	0.82	0.82	0.61	0.86	0.87	0.84	0.69	0.87	0.23	0.86	0.87	0.88	0.87	0.86	0.69	0.8	0.88	0.94	0.21		0.74	0.74	-0.73
Other Current Liab	0.96	0.9	0.95	0.97	0.85	0.91	0.97	0.67	0.98	0.78	0.66	-0.01	0.82	0.78	0.95	0.71	0.95	0.78	0.95	0.96	0.92	0.8	0.74		1.0	-0.94
Non Currrent Assets Other	0.96	0.9	0.95	0.97	0.85	0.9	0.97	0.67	0.98	0.78	0.67	-0.01	0.83	0.78	0.95	0.72	0.95	0.78	0.95	0.96	0.92	0.8	0.74	1.0		-0.95
Short Term Investments	-0.91	-0.85	-0.91	-0.93	-0.85	-0.88	-0.92	-0.81	-0.94	-0.85	-0.8	0.05	-0.93	-0.9	-0.9	-0.85	-0.91	-0.85	-0.91	-0.91	-0.9	-0.77	-0.73	-0.94	-0.95

Click cells to compare fundamentals

Shanghai Fudan Account Relationship Matchups

Currently Active Assets on Macroaxis

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft
HBI	Hanesbrands
STLD	Steel Dynamics

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Fudan Micro at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Fudan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Fudan 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shanghai Other Current Assets vs Capital Lease Obligations Analysis

Other Current Assets vs Capital Lease Obligations

Other Current Assets vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Other Current Assets

Capital Lease Obligations

Shanghai Fudan fundamental ratios Correlations

Shanghai Fudan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity

Short Term Investments	- 0.95	Non Currrent Assets Other
Short Term Investments	- 0.94	Other Current Liab
Short Term Investments	- 0.94	Net Receivables
Short Term Investments	- 0.93	Inventory
Short Term Investments	- 0.93	Retained Earnings
Short Term Investments	- 0.92	Non Current Assets Total