Sinocelltech Property Plant And Equipment Net vs Total Stockholder Equity Analysis
688520 Stock | 37.21 0.79 2.08% |
Sinocelltech financial indicator trend analysis is much more than just breaking down Sinocelltech Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinocelltech Group is a good investment. Please check the relationship between Sinocelltech Property Plant And Equipment Net and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinocelltech Group. 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.
Property Plant And Equipment Net vs Total Stockholder Equity
Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Sinocelltech's Property Plant And Equipment Net and Total Stockholder Equity is -0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sinocelltech Group, assuming nothing else is changed. The correlation between historical values of Sinocelltech's Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sinocelltech Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Sinocelltech's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Sinocelltech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinocelltech Group 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 Sinocelltech Group. 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 Selling General Administrative is expected to grow to about 487.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 33.7M | 84.5M | 111.5M | 56.9M | Interest Income | 4.7M | 3.6M | 7.0M | 4.2M |
Sinocelltech fundamental ratios Correlations
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Sinocelltech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Sinocelltech Stock
Balance Sheet is a snapshot of the financial position of Sinocelltech Group at a specified time, usually calculated after every quarter, six months, or one year. Sinocelltech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sinocelltech 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 Sinocelltech currently owns. An asset can also be divided into two categories, current and non-current.