Sinocelltech Total Current Liabilities vs Capital Stock 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 Current Liabilities and its Capital Stock 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 Current Liabilities vs Capital Stock

Total Current Liabilities vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Total Current Liabilities account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sinocelltech's Total Current Liabilities and Capital Stock is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Stock 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 Current Liabilities and Capital Stock 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 Current Liabilities of Sinocelltech Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Liabilities i.e., Sinocelltech's Total Current Liabilities and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Sinocelltech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sinocelltech Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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.