Shineco Other Current Liab vs Short Term Debt Analysis

SISI Stock  USD 2.18  0.04  1.87%   
Shineco financial indicator trend analysis is much more than just breaking down Shineco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shineco is a good investment. Please check the relationship between Shineco Other Current Liab and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.

Other Current Liab vs Short Term Debt

Other Current Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shineco Other Current Liab account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Shineco's Other Current Liab and Short Term Debt is 0.18. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Shineco, assuming nothing else is changed. The correlation between historical values of Shineco's Other Current Liab and Short 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 Other Current Liab of Shineco are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Current Liab i.e., Shineco's Other Current Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Short Term Debt

Most indicators from Shineco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shineco 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.As of now, Shineco's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense1.3M1.7M2.3M2.2M
Depreciation And Amortization101.0697.5K5.0M5.2M

Shineco fundamental ratios Correlations

0.290.340.450.780.62-0.07-0.270.10.330.630.460.630.290.22-0.20.210.540.390.790.280.290.230.060.160.38
0.290.370.9-0.22-0.260.40.8-0.890.05-0.440.77-0.44-0.610.9-0.020.490.920.98-0.010.960.970.88-0.540.74-0.47
0.340.370.620.04-0.33-0.030.2-0.38-0.14-0.01-0.01-0.01-0.460.02-0.070.770.630.420.450.180.18-0.02-0.28-0.15-0.1
0.450.90.62-0.06-0.230.260.58-0.780.01-0.190.53-0.19-0.620.670.10.750.950.950.330.870.80.65-0.560.43-0.18
0.78-0.220.04-0.060.85-0.25-0.690.610.290.870.160.870.7-0.19-0.23-0.190.04-0.130.81-0.2-0.18-0.160.4-0.110.66
0.62-0.26-0.33-0.230.85-0.25-0.660.630.360.790.230.790.75-0.07-0.24-0.5-0.15-0.190.53-0.18-0.14-0.040.350.00.55
-0.070.4-0.030.26-0.25-0.250.34-0.4-0.04-0.20.39-0.2-0.420.5-0.37-0.110.270.4-0.230.360.510.55-0.540.61-0.29
-0.270.80.20.58-0.69-0.660.34-0.95-0.13-0.890.52-0.89-0.750.750.060.370.60.7-0.540.740.760.7-0.430.62-0.8
0.1-0.89-0.38-0.780.610.63-0.4-0.950.120.74-0.510.740.85-0.77-0.04-0.55-0.75-0.840.32-0.82-0.83-0.740.57-0.580.66
0.330.05-0.140.010.290.36-0.04-0.130.120.230.290.230.370.13-0.2-0.240.030.080.130.050.130.160.330.290.08
0.63-0.44-0.01-0.190.870.79-0.2-0.890.740.23-0.191.00.66-0.43-0.11-0.17-0.19-0.30.81-0.37-0.4-0.380.24-0.360.84
0.460.77-0.010.530.160.230.390.52-0.510.29-0.19-0.19-0.140.92-0.4-0.080.690.74-0.020.730.870.91-0.170.89-0.4
0.63-0.44-0.01-0.190.870.79-0.2-0.890.740.231.0-0.190.66-0.44-0.11-0.17-0.19-0.310.81-0.37-0.4-0.380.24-0.360.84
0.29-0.61-0.46-0.620.70.75-0.42-0.750.850.370.66-0.140.66-0.46-0.06-0.6-0.53-0.610.31-0.54-0.52-0.430.65-0.230.54
0.220.90.020.67-0.19-0.070.50.75-0.770.13-0.430.92-0.44-0.46-0.230.10.740.87-0.190.890.980.99-0.430.89-0.52
-0.2-0.02-0.070.1-0.23-0.24-0.370.06-0.04-0.2-0.11-0.4-0.11-0.06-0.230.4-0.13-0.050.030.16-0.15-0.26-0.12-0.290.17
0.210.490.770.75-0.19-0.5-0.110.37-0.55-0.24-0.17-0.08-0.17-0.60.10.40.640.540.350.460.280.07-0.34-0.140.0
0.540.920.630.950.04-0.150.270.6-0.750.03-0.190.69-0.19-0.530.74-0.130.640.940.30.830.840.72-0.440.54-0.28
0.390.980.420.95-0.13-0.190.40.7-0.840.08-0.30.74-0.31-0.610.87-0.050.540.940.140.950.950.86-0.560.66-0.33
0.79-0.010.450.330.810.53-0.23-0.540.320.130.81-0.020.810.31-0.190.030.350.30.140.02-0.07-0.170.05-0.280.74
0.280.960.180.87-0.2-0.180.360.74-0.820.05-0.370.73-0.37-0.540.890.160.460.830.950.020.940.88-0.540.71-0.33
0.290.970.180.8-0.18-0.140.510.76-0.830.13-0.40.87-0.4-0.520.98-0.150.280.840.95-0.070.940.97-0.510.85-0.46
0.230.88-0.020.65-0.16-0.040.550.7-0.740.16-0.380.91-0.38-0.430.99-0.260.070.720.86-0.170.880.97-0.440.9-0.45
0.06-0.54-0.28-0.560.40.35-0.54-0.430.570.330.24-0.170.240.65-0.43-0.12-0.34-0.44-0.560.05-0.54-0.51-0.44-0.210.22
0.160.74-0.150.43-0.110.00.610.62-0.580.29-0.360.89-0.36-0.230.89-0.29-0.140.540.66-0.280.710.850.9-0.21-0.53
0.38-0.47-0.1-0.180.660.55-0.29-0.80.660.080.84-0.40.840.54-0.520.170.0-0.28-0.330.74-0.33-0.46-0.450.22-0.53
Click cells to compare fundamentals

Shineco Account Relationship Matchups

Shineco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.1M61.3M63.8M63.5M84.2M57.4M
Short Long Term Debt Total2.8M3.7M16.4M16.5M29.7M31.1M
Other Current Liab8.8M10.1M14.0M28.8M5.4M7.0M
Total Current Liabilities11.3M14.8M29.0M23.3M27.6M28.9M
Total Stockholder Equity65.3M44.7M33.7M32.6M26.0M41.6M
Property Plant And Equipment Net12.7M5.8M3.5M1.3M6.4M6.7M
Current Deferred Revenue6.3K7.5K6.7K89.5K319.5K335.4K
Net Debt(29.5M)(12.6M)1.2M15.9M29.3M30.8M
Retained Earnings40.1M8.7M(18.4M)(31.7M)(54.3M)(51.6M)
Accounts Payable148.2K76.6K1.5K191.1K812.9K422.5K
Cash32.4M16.3M15.2M626.0K366.1K347.8K
Non Current Assets Total19.6M12.0M4.1M22.5M63.3M66.4M
Cash And Short Term Investments32.4M16.3M15.2M626.0K366.1K347.8K
Net Receivables11.1M2.8M1.8M34.6K1.2M1.2M
Liabilities And Stockholders Equity79.1M61.3M63.8M63.5M84.2M57.4M
Non Current Liabilities Total1.2M1.1M1.5M3.3M20.0M21.0M
Inventory1.8M1.3M18.7M324.4K1.6M1.5M
Other Current Assets905.4K28.8M58.8M42.0M17.7M11.8M
Other Stockholder Equity27.3M32.6M50.0M65.1M69.5M72.9M
Total Liab12.6M15.9M30.5M26.6M47.6M50.0M
Total Current Assets59.5M49.3M59.7M40.9M20.9M37.0M
Short Term Debt2.4M3.4M14.4M5.1M19.6M20.6M
Intangible Assets2.3M2.2M1.1M12.0M43.7M45.8M
Common Stock3.0K7.9K11.0K26.4K6.7M7.1M
Non Currrent Assets Other96.3K5.1M9.5K2.6M615.6K584.8K
Common Stock Shares Outstanding327.7K440.1K945.8K1.9M5.3M5.6M
Accumulated Other Comprehensive Income(2.1M)3.5M2.1M(794.3K)4.1M4.3M
Other Liab827.0K792.1K446.9K3.2M3.7M3.9M
Net Tangible Assets64.3M43.6M33.7M13.9M12.5M11.9M
Other Assets12.9M5.1M9.5K1.00.90.86
Net Invested Capital67.7M47.6M48.1M48.9M55.4M47.5M
Short Long Term Debt2.3M2.9M14.4M16.4M19.4M20.3M
Net Working Capital48.2M34.5M30.7M17.6M(6.7M)(6.3M)
Property Plant Equipment5.7M5.8M3.5M1.3M1.2M1.2M
Capital Stock3.0K7.9K11.0K26.4K6.7M7.1M

Currently Active Assets on Macroaxis

When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(171.02)
Revenue Per Share
44.227
Quarterly Revenue Growth
13.101
Return On Assets
(0.14)
Return On Equity
(0.90)
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.