Sinocelltech Total Assets vs Long Term Debt 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 Total Assets and its Long Term Debt 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.

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Total Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sinocelltech's Total Assets and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt 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 Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Sinocelltech Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Sinocelltech's Total Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Sinocelltech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sinocelltech Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Sinocelltech Group has held for over one year. Long-term debt appears on Sinocelltech Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sinocelltech Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Expense33.7M84.5M111.5M56.9M
Interest Income4.7M3.6M7.0M4.2M

Sinocelltech fundamental ratios Correlations

-0.550.95-0.570.79-0.920.770.670.930.30.910.930.950.940.580.970.970.870.960.930.9-0.470.850.880.610.88
-0.55-0.590.72-0.910.74-0.30.02-0.630.46-0.6-0.71-0.49-0.54-0.21-0.57-0.6-0.87-0.45-0.71-0.40.86-0.87-0.7-0.95-0.7
0.95-0.59-0.730.84-0.910.580.441.00.130.970.940.920.970.520.990.960.910.840.940.85-0.650.890.970.710.98
-0.570.72-0.73-0.740.74-0.290.16-0.750.15-0.77-0.65-0.69-0.77-0.56-0.73-0.56-0.81-0.39-0.65-0.40.91-0.82-0.8-0.75-0.8
0.79-0.910.84-0.74-0.90.420.220.85-0.280.850.930.690.750.320.80.860.970.670.930.72-0.830.940.880.950.88
-0.920.74-0.910.74-0.9-0.72-0.48-0.9-0.15-0.95-0.95-0.91-0.9-0.67-0.93-0.91-0.95-0.87-0.95-0.870.66-0.91-0.87-0.74-0.88
0.77-0.30.58-0.290.42-0.720.830.530.690.580.570.820.660.780.680.620.560.890.570.68-0.040.540.430.180.44
0.670.020.440.160.22-0.480.830.390.690.40.470.590.450.420.510.590.290.830.470.710.310.260.26-0.050.27
0.93-0.631.0-0.750.85-0.90.530.390.060.960.940.890.970.480.980.950.920.810.940.81-0.70.910.990.750.99
0.30.460.130.15-0.28-0.150.690.690.060.140.00.440.270.670.250.11-0.110.460.00.330.53-0.13-0.08-0.53-0.07
0.91-0.60.97-0.770.85-0.950.580.40.960.140.950.90.940.620.960.930.890.80.950.89-0.670.850.930.690.94
0.93-0.710.94-0.650.93-0.950.570.470.940.00.950.830.870.450.920.980.930.841.00.91-0.660.890.920.790.92
0.95-0.490.92-0.690.69-0.910.820.590.890.440.90.830.970.780.970.860.830.910.830.81-0.470.820.830.510.84
0.94-0.540.97-0.770.75-0.90.660.450.970.270.940.870.970.650.990.890.870.840.870.78-0.610.870.930.620.94
0.58-0.210.52-0.560.32-0.670.780.420.480.670.620.450.780.650.630.430.480.610.450.55-0.210.430.390.10.41
0.97-0.570.99-0.730.8-0.930.680.510.980.250.960.920.970.990.630.940.90.880.920.85-0.60.880.940.650.95
0.97-0.60.96-0.560.86-0.910.620.590.950.110.930.980.860.890.430.940.890.90.980.93-0.550.850.910.70.92
0.87-0.870.91-0.810.97-0.950.560.290.92-0.110.890.930.830.870.480.90.890.760.930.73-0.820.990.930.90.93
0.96-0.450.84-0.390.67-0.870.890.830.810.460.80.840.910.840.610.880.90.760.840.89-0.260.740.720.450.73
0.93-0.710.94-0.650.93-0.950.570.470.940.00.951.00.830.870.450.920.980.930.840.91-0.660.890.920.790.92
0.9-0.40.85-0.40.72-0.870.680.710.810.330.890.910.810.780.550.850.930.730.890.91-0.320.650.730.470.74
-0.470.86-0.650.91-0.830.66-0.040.31-0.70.53-0.67-0.66-0.47-0.61-0.21-0.6-0.55-0.82-0.26-0.66-0.32-0.82-0.79-0.92-0.79
0.85-0.870.89-0.820.94-0.910.540.260.91-0.130.850.890.820.870.430.880.850.990.740.890.65-0.820.930.90.93
0.88-0.70.97-0.80.88-0.870.430.260.99-0.080.930.920.830.930.390.940.910.930.720.920.73-0.790.930.831.0
0.61-0.950.71-0.750.95-0.740.18-0.050.75-0.530.690.790.510.620.10.650.70.90.450.790.47-0.920.90.830.82
0.88-0.70.98-0.80.88-0.880.440.270.99-0.070.940.920.840.940.410.950.920.930.730.920.74-0.790.931.00.82
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Sinocelltech Account Relationship Matchups

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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.