Shenzhen Net Debt vs Total Liab Analysis

688518 Stock

16.74 0.08 0.48%

Shenzhen United financial indicator trend analysis is much more than just breaking down Shenzhen United Winners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen United Winners is a good investment. Please check the relationship between Shenzhen United Net Debt and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen United Winners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen United Winners Net Debt account and Total Liab. At this time, the significance of the direction appears to have no relationship.

The correlation between Shenzhen United's Net Debt and Total Liab is 0.06. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shenzhen United Winners, assuming nothing else is changed. The correlation between historical values of Shenzhen United's Net Debt and Total Liab 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 Shenzhen United Winners are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Shenzhen United's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

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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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Shenzhen United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen United Winners 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 Shenzhen United Winners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 283.1 M, whereas Tax Provision is forecasted to decline to about 19.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.2M	3.7M	7.4M	3.9M
Depreciation And Amortization	52.9M	117.7M	135.3M	142.1M

Interest Expense Depreciation And Amortization

Shenzhen United fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.89	0.24	0.89	0.98	0.99	0.07	0.99	0.99	0.91	1.0	0.58	0.87	-0.5	0.88	-0.54	0.83	0.89	0.91	0.88	0.85	0.83	0.46	-0.87	0.92	0.97
Short Long Term Debt Total	0.89		0.15	0.79	0.85	0.88	0.44	0.88	0.88	0.83	0.89	0.28	0.75	-0.58	0.79	-0.19	0.63	0.79	0.79	1.0	0.76	0.69	0.37	-0.66	0.73	0.9
Other Current Liab	0.24	0.15		0.51	0.09	0.22	-0.2	0.14	0.31	-0.18	0.27	0.37	0.42	-0.09	0.55	-0.18	0.46	0.51	0.41	0.14	0.39	0.41	0.71	-0.15	0.38	0.21
Total Current Liabilities	0.89	0.79	0.51		0.81	0.88	0.06	0.84	0.91	0.68	0.9	0.54	0.87	-0.32	1.0	-0.47	0.87	1.0	0.98	0.78	0.88	0.84	0.62	-0.7	0.94	0.88
Total Stockholder Equity	0.98	0.85	0.09	0.81		0.96	-0.02	0.99	0.95	0.95	0.96	0.64	0.87	-0.56	0.79	-0.56	0.83	0.81	0.86	0.84	0.85	0.85	0.26	-0.91	0.9	0.93
Property Plant And Equipment Net	0.99	0.88	0.22	0.88	0.96		0.12	0.98	0.99	0.91	1.0	0.51	0.81	-0.42	0.88	-0.55	0.77	0.88	0.89	0.88	0.81	0.76	0.52	-0.84	0.91	0.99
Net Debt	0.07	0.44	-0.2	0.06	-0.02	0.12		0.06	0.08	0.1	0.1	-0.73	-0.15	0.03	0.07	0.4	-0.33	0.06	-0.02	0.45	-0.07	-0.25	0.17	0.34	-0.19	0.22
Retained Earnings	0.99	0.88	0.14	0.84	0.99	0.98	0.06		0.97	0.94	0.98	0.58	0.86	-0.55	0.83	-0.57	0.82	0.84	0.88	0.88	0.86	0.82	0.36	-0.88	0.9	0.96
Accounts Payable	0.99	0.88	0.31	0.91	0.95	0.99	0.08	0.97		0.87	1.0	0.55	0.85	-0.43	0.91	-0.55	0.81	0.91	0.91	0.87	0.83	0.8	0.55	-0.84	0.92	0.98
Cash	0.91	0.83	-0.18	0.68	0.95	0.91	0.1	0.94	0.87		0.89	0.47	0.71	-0.48	0.65	-0.47	0.65	0.68	0.74	0.82	0.69	0.68	0.15	-0.84	0.79	0.89
Non Current Assets Total	1.0	0.89	0.27	0.9	0.96	1.0	0.1	0.98	1.0	0.89		0.54	0.84	-0.45	0.9	-0.56	0.8	0.9	0.91	0.88	0.84	0.8	0.52	-0.84	0.92	0.99
Cash And Short Term Investments	0.58	0.28	0.37	0.54	0.64	0.51	-0.73	0.58	0.55	0.47	0.54		0.77	-0.5	0.54	-0.57	0.85	0.54	0.63	0.26	0.68	0.83	0.07	-0.82	0.74	0.41
Common Stock Shares Outstanding	0.87	0.75	0.42	0.87	0.87	0.81	-0.15	0.86	0.85	0.71	0.84	0.77		-0.6	0.87	-0.48	0.96	0.87	0.92	0.74	0.94	0.99	0.27	-0.79	0.9	0.76
Non Current Liabilities Total	-0.5	-0.58	-0.09	-0.32	-0.56	-0.42	0.03	-0.55	-0.43	-0.48	-0.45	-0.5	-0.6		-0.31	0.19	-0.51	-0.32	-0.4	-0.58	-0.59	-0.63	0.17	0.62	-0.41	-0.39
Inventory	0.88	0.79	0.55	1.0	0.79	0.88	0.07	0.83	0.91	0.65	0.9	0.54	0.87	-0.31		-0.46	0.86	1.0	0.97	0.78	0.86	0.83	0.66	-0.68	0.92	0.87
Other Current Assets	-0.54	-0.19	-0.18	-0.47	-0.56	-0.55	0.4	-0.57	-0.55	-0.47	-0.56	-0.57	-0.48	0.19	-0.46		-0.55	-0.47	-0.51	-0.18	-0.5	-0.48	-0.3	0.63	-0.62	-0.51
Other Stockholder Equity	0.83	0.63	0.46	0.87	0.83	0.77	-0.33	0.82	0.81	0.65	0.8	0.85	0.96	-0.51	0.86	-0.55		0.87	0.93	0.62	0.95	0.97	0.3	-0.83	0.93	0.72
Total Liab	0.89	0.79	0.51	1.0	0.81	0.88	0.06	0.84	0.91	0.68	0.9	0.54	0.87	-0.32	1.0	-0.47	0.87		0.98	0.78	0.88	0.84	0.62	-0.7	0.94	0.88
Total Current Assets	0.91	0.79	0.41	0.98	0.86	0.89	-0.02	0.88	0.91	0.74	0.91	0.63	0.92	-0.4	0.97	-0.51	0.93	0.98		0.78	0.93	0.9	0.48	-0.77	0.97	0.87
Short Term Debt	0.88	1.0	0.14	0.78	0.84	0.88	0.45	0.88	0.87	0.82	0.88	0.26	0.74	-0.58	0.78	-0.18	0.62	0.78	0.78		0.75	0.68	0.37	-0.65	0.72	0.9
Intangible Assets	0.85	0.76	0.39	0.88	0.85	0.81	-0.07	0.86	0.83	0.69	0.84	0.68	0.94	-0.59	0.86	-0.5	0.95	0.88	0.93	0.75		0.93	0.28	-0.76	0.89	0.78
Common Stock	0.83	0.69	0.41	0.84	0.85	0.76	-0.25	0.82	0.8	0.68	0.8	0.83	0.99	-0.63	0.83	-0.48	0.97	0.84	0.9	0.68	0.93		0.21	-0.82	0.89	0.71
Non Currrent Assets Other	0.46	0.37	0.71	0.62	0.26	0.52	0.17	0.36	0.55	0.15	0.52	0.07	0.27	0.17	0.66	-0.3	0.3	0.62	0.48	0.37	0.28	0.21		-0.23	0.48	0.55
Other Liab	-0.87	-0.66	-0.15	-0.7	-0.91	-0.84	0.34	-0.88	-0.84	-0.84	-0.84	-0.82	-0.79	0.62	-0.68	0.63	-0.83	-0.7	-0.77	-0.65	-0.76	-0.82	-0.23		-0.89	-0.78
Net Tangible Assets	0.92	0.73	0.38	0.94	0.9	0.91	-0.19	0.9	0.92	0.79	0.92	0.74	0.9	-0.41	0.92	-0.62	0.93	0.94	0.97	0.72	0.89	0.89	0.48	-0.89		0.87
Other Assets	0.97	0.9	0.21	0.88	0.93	0.99	0.22	0.96	0.98	0.89	0.99	0.41	0.76	-0.39	0.87	-0.51	0.72	0.88	0.87	0.9	0.78	0.71	0.55	-0.78	0.87

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Shenzhen United Account Relationship Matchups

Shenzhen United fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.5B	4.0B	5.7B	7.0B	7.3B
Short Long Term Debt Total	42.5M	3.4M	40.1M	242.6M	278.9M	292.9M
Other Current Liab	390.3M	597.9M	1.4B	2.0B	62.2M	59.1M
Total Current Liabilities	704.8M	1.1B	2.5B	3.9B	3.9B	2.0B
Total Stockholder Equity	875.2M	1.4B	1.5B	1.8B	3.0B	3.2B
Property Plant And Equipment Net	27.9M	119.5M	323.8M	579.7M	731.2M	767.8M
Net Debt	(58.1M)	(305.9M)	(209.1M)	(34.3M)	(30.9M)	(32.4M)
Retained Earnings	263.1M	329.0M	378.7M	580.7M	801.3M	841.4M
Accounts Payable	273.2M	486.0M	1.1B	1.6B	1.7B	1.8B
Cash	100.6M	309.3M	249.2M	276.9M	986.3M	1.0B
Non Current Assets Total	123.8M	213.8M	490.5M	831.0M	951.8M	999.4M
Cash And Short Term Investments	219.4M	864.7M	653.5M	372.2M	428.0M	387.2M
Common Stock Shares Outstanding	225.2M	257.6M	296.8M	300.9M	339.0M	270.1M
Liabilities And Stockholders Equity	1.6B	2.5B	4.0B	5.7B	6.5B	6.8B
Non Current Liabilities Total	15.7M	12.8M	22.5M	15.6M	17.8M	13.8M
Inventory	572.2M	775.1M	1.8B	2.6B	2.5B	1.4B
Other Current Assets	11.1M	20.5M	50.4M	77.2M	22.8M	21.7M
Other Stockholder Equity	387.7M	812.8M	841.0M	898.3M	1.0B	546.9M
Total Liab	720.5M	1.1B	2.5B	3.9B	4.0B	2.0B
Total Current Assets	1.5B	2.3B	3.5B	4.8B	6.0B	3.0B
Short Term Debt	41.2M	717.1K	30.2M	238.8M	274.6M	288.3M
Intangible Assets	69.9M	67.5M	68.1M	104.6M	113.1M	71.8M

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Net Debt vs Total Liab Analysis

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

Correlation Coefficient

Net Debt

Total Liab

Shenzhen United fundamental ratios Correlations

Shenzhen United Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen United fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

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Non Current Assets Total	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Accounts Payable

Other Liab	- 0.91	Total Stockholder Equity
Net Tangible Assets	- 0.89	Other Liab
Other Liab	- 0.88	Retained Earnings
Other Liab	- 0.87	Total Assets
Other Liab	- 0.84	Non Current Assets Total
Other Liab	- 0.84	Cash