Shenzhen Total Current Liabilities vs Deferred Long Term Liab Analysis

300647 Stock   6.76  0.03  0.45%   
Shenzhen Fluence financial indicator trend analysis is much more than just breaking down Shenzhen Fluence Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Fluence Tec is a good investment. Please check the relationship between Shenzhen Fluence Total Current Liabilities and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Fluence Technology. 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 Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Fluence Tec Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Fluence's Total Current Liabilities and Deferred Long Term Liab is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Shenzhen Fluence Technology, assuming nothing else is changed. The correlation between historical values of Shenzhen Fluence's Total Current Liabilities and Deferred Long Term 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 Total Current Liabilities of Shenzhen Fluence Technology are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., Shenzhen Fluence's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Shenzhen Fluence balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shenzhen Fluence Technology 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Shenzhen Fluence's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Fluence Tec 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 Fluence Technology. 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 Tax Provision is expected to grow to about 23.3 M. The current year's Selling General Administrative is expected to grow to about 67.5 M
 2022 2023 2024 2025 (projected)
Gross Profit204.5M123.2M103.1M122.3M
Total Revenue1.2B859.8M697.7M696.8M

Shenzhen Fluence fundamental ratios Correlations

0.70.990.950.880.94-0.570.960.750.960.850.930.690.930.590.910.950.970.930.970.440.920.960.97-0.790.88
0.70.660.760.450.50.050.570.640.570.560.470.190.83-0.010.630.730.590.660.760.440.620.610.59-0.190.34
0.990.660.890.880.95-0.640.970.680.990.850.940.770.910.650.840.920.990.930.920.450.870.970.98-0.810.9
0.950.760.890.780.82-0.370.860.80.830.80.840.450.940.390.960.910.840.870.990.370.940.860.84-0.670.73
0.880.450.880.780.94-0.660.860.620.850.640.870.750.750.590.80.820.890.90.850.310.850.880.92-0.850.93
0.940.50.950.820.94-0.670.960.670.930.780.910.780.780.640.860.850.960.890.880.30.870.960.98-0.850.96
-0.570.05-0.64-0.37-0.66-0.67-0.67-0.31-0.67-0.45-0.8-0.78-0.38-0.94-0.42-0.48-0.69-0.54-0.45-0.27-0.47-0.61-0.670.9-0.83
0.960.570.970.860.860.96-0.670.660.960.840.940.730.850.650.870.860.970.890.90.310.90.970.96-0.850.92
0.750.640.680.80.620.67-0.310.660.620.440.630.430.620.410.810.730.670.510.820.440.640.580.68-0.540.57
0.960.570.990.830.850.93-0.670.960.620.870.930.830.860.710.780.890.990.90.860.460.810.960.97-0.80.9
0.850.560.850.80.640.78-0.450.840.440.870.810.550.860.50.750.840.830.830.770.340.770.890.83-0.570.73
0.930.470.940.840.870.91-0.80.940.630.930.810.750.830.780.840.880.940.890.880.430.860.930.93-0.920.95
0.690.190.770.450.750.78-0.780.730.430.830.550.750.470.850.440.670.830.630.530.570.460.740.8-0.740.82
0.930.830.910.940.750.78-0.380.850.620.860.860.830.470.380.830.910.850.930.930.40.880.880.85-0.60.71
0.59-0.010.650.390.590.64-0.940.650.410.710.50.780.850.380.410.540.710.470.450.470.390.60.67-0.820.78
0.910.630.840.960.80.86-0.420.870.810.780.750.840.440.830.410.860.810.810.960.230.950.850.84-0.730.79
0.950.730.920.910.820.85-0.480.860.730.890.840.880.670.910.540.860.90.90.930.640.830.910.9-0.660.8
0.970.590.990.840.890.96-0.690.970.670.990.830.940.830.850.710.810.90.90.880.460.830.970.99-0.830.93
0.930.660.930.870.90.89-0.540.890.510.90.830.890.630.930.470.810.90.90.890.350.910.950.91-0.740.85
0.970.760.920.990.850.88-0.450.90.820.860.770.880.530.930.450.960.930.880.890.390.940.890.89-0.730.8
0.440.440.450.370.310.3-0.270.310.440.460.340.430.570.40.470.230.640.460.350.390.160.380.38-0.20.31
0.920.620.870.940.850.87-0.470.90.640.810.770.860.460.880.390.950.830.830.910.940.160.890.85-0.770.82
0.960.610.970.860.880.96-0.610.970.580.960.890.930.740.880.60.850.910.970.950.890.380.890.97-0.780.92
0.970.590.980.840.920.98-0.670.960.680.970.830.930.80.850.670.840.90.990.910.890.380.850.97-0.820.95
-0.79-0.19-0.81-0.67-0.85-0.850.9-0.85-0.54-0.8-0.57-0.92-0.74-0.6-0.82-0.73-0.66-0.83-0.74-0.73-0.2-0.77-0.78-0.82-0.93
0.880.340.90.730.930.96-0.830.920.570.90.730.950.820.710.780.790.80.930.850.80.310.820.920.95-0.93
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Shenzhen Fluence Account Relationship Matchups

Shenzhen Fluence fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B2.1B2.4B2.4B2.0B1.8B
Other Current Liab118.1M138.9M118.0M69.2M37.8M35.9M
Total Current Liabilities693.1M948.0M976.7M1.2B1.1B806.2M
Total Stockholder Equity648.6M1.0B1.2B998.5M567.9M785.9M
Other Liab11.5M7.6M17.8M16.1M18.5M12.9M
Net Tangible Assets480.5M489.1M852.8M1.1B1.2B628.3M
Retained Earnings157.3M(5.2M)14.2M(241.8M)(659.9M)(626.9M)
Accounts Payable178.6M197.3M227.9M268.9M244.5M185.7M
Cash91.8M196.6M449.8M309.2M185.5M250.0M
Non Current Assets Total799.9M846.9M936.0M1.2B1.2B874.9M
Non Currrent Assets Other74.5M42.9M69.0M56.8M58.3M48.5M
Other Assets79.3M119.3M208.3M233.6M268.6M282.1M
Long Term Debt79.4M52.4M70.1M147.5M194.2M105.9M
Net Receivables335.0M460.4M382.2M323.1M246.1M296.9M
Non Current Liabilities Total60.0M32.4M112.5M211.4M313.7M329.4M
Inventory143.9M258.3M416.6M285.5M179.8M201.2M
Other Current Assets47.9M75.6M93.3M66.1M67.3M59.1M
Total Liab753.1M980.4M1.1B1.4B1.4B937.8M
Deferred Long Term Liab28.0M32.6M63.8M42.5M48.9M31.6M
Total Current Assets642.5M1.2B1.5B1.1B807.9M889.4M
Intangible Assets52.4M118.7M116.5M103.4M64.0M64.1M
Common Stock237.9M356.9M430.6M457.3M525.9M303.9M
Property Plant Equipment363.9M367.2M467.8M536.2M616.6M407.9M
Net Invested Capital1.0B1.5B1.9B1.7B1.3B1.4B
Short Long Term Debt325.9M493.2M572.8M585.6M585.7M465.3M
Net Working Capital(50.6M)293.7M492.4M(36.4M)(317.3M)(301.4M)
Net Debt286.5M296.6M193.2M423.9M594.3M349.2M
Other Stockholder Equity721.4K(4.5M)(3.8M)(3.5M)(3.1M)(3.3M)
Capital Stock237.9M356.9M430.6M457.3M525.9M414.1M
Property Plant And Equipment Net367.2M467.8M536.2M910.2M951.6M659.5M
Property Plant And Equipment Gross487.4M648.7M536.2M1.2B1.3B844.9M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Fluence Tec at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Fluence Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Fluence 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.