Ping Non Current Liabilities Total vs Non Currrent Assets Other Analysis

000001 Stock   11.28  0.31  2.67%   
Ping An financial indicator trend analysis is much more than just breaking down Ping An Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ping An Bank is a good investment. Please check the relationship between Ping An Non Current Liabilities Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Non Currrent Assets Other

Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Bank Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ping An's Non Current Liabilities Total and Non Currrent Assets Other is -0.21. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ping An Bank, assuming nothing else is changed. The correlation between historical values of Ping An's Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ping An Bank are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., Ping An's Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Ping An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ping An Bank 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 Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 40.3 B, whereas Tax Provision is forecasted to decline to about 9.6 B.
 2023 2024 (projected)
Operating Income42.9B27.2B
Total Revenue164.6B172.8B

Ping An fundamental ratios Correlations

0.990.920.690.920.960.20.990.920.570.960.880.860.970.01-0.370.460.950.160.95-0.53-0.450.590.960.95-0.55
0.990.930.750.90.980.280.990.90.50.980.920.880.99-0.02-0.450.450.910.090.92-0.53-0.510.540.970.96-0.59
0.920.930.770.860.950.290.910.860.40.950.90.890.870.02-0.530.460.860.010.87-0.55-0.570.390.970.95-0.34
0.690.750.770.470.80.630.720.47-0.050.810.90.760.74-0.22-0.70.310.55-0.250.52-0.3-0.570.270.770.68-0.38
0.920.90.860.470.86-0.040.881.00.730.90.710.780.870.16-0.220.450.910.230.94-0.67-0.520.430.880.95-0.46
0.960.980.950.80.860.290.960.860.350.970.940.950.960.07-0.610.510.860.020.86-0.53-0.580.470.980.95-0.53
0.20.280.290.63-0.040.290.24-0.04-0.320.290.590.150.3-0.8-0.49-0.210.0-0.520.01-0.05-0.14-0.020.320.18-0.26
0.990.990.910.720.880.960.240.880.510.950.890.860.97-0.02-0.40.460.940.140.93-0.49-0.40.630.950.92-0.57
0.920.90.860.471.00.86-0.040.880.730.90.710.780.870.16-0.220.450.910.230.94-0.67-0.520.430.880.95-0.46
0.570.50.4-0.050.730.35-0.320.510.730.470.180.170.440.00.50.140.70.470.73-0.4-0.10.390.440.55-0.2
0.960.980.950.810.90.970.290.950.90.470.920.890.950.0-0.490.450.880.040.89-0.6-0.630.420.970.97-0.49
0.880.920.90.90.710.940.590.890.710.180.920.860.91-0.21-0.690.370.73-0.150.72-0.48-0.540.380.930.86-0.53
0.860.880.890.760.780.950.150.860.780.170.890.860.880.31-0.720.580.75-0.010.75-0.5-0.640.350.890.87-0.47
0.970.990.870.740.870.960.30.970.870.440.950.910.88-0.02-0.490.450.860.060.87-0.51-0.520.530.950.93-0.68
0.01-0.020.02-0.220.160.07-0.8-0.020.160.00.0-0.210.31-0.02-0.110.470.080.30.09-0.1-0.22-0.04-0.030.070.1
-0.37-0.45-0.53-0.7-0.22-0.61-0.49-0.4-0.220.5-0.49-0.69-0.72-0.49-0.11-0.34-0.160.4-0.160.280.50.01-0.51-0.420.31
0.460.450.460.310.450.51-0.210.460.450.140.450.370.580.450.47-0.340.440.70.38-0.34-0.40.280.390.440.07
0.950.910.860.550.910.860.00.940.910.70.880.730.750.860.08-0.160.440.290.97-0.48-0.320.630.880.89-0.4
0.160.090.01-0.250.230.02-0.520.140.230.470.04-0.15-0.010.060.30.40.70.290.21-0.090.130.37-0.040.060.25
0.950.920.870.520.940.860.010.930.940.730.890.720.750.870.09-0.160.380.970.21-0.55-0.40.510.910.93-0.46
-0.53-0.53-0.55-0.3-0.67-0.53-0.05-0.49-0.67-0.4-0.6-0.48-0.5-0.51-0.10.28-0.34-0.48-0.09-0.550.490.16-0.57-0.640.14
-0.45-0.51-0.57-0.57-0.52-0.58-0.14-0.4-0.52-0.1-0.63-0.54-0.64-0.52-0.220.5-0.4-0.320.13-0.40.490.22-0.57-0.660.23
0.590.540.390.270.430.47-0.020.630.430.390.420.380.350.53-0.040.010.280.630.370.510.160.220.410.37-0.4
0.960.970.970.770.880.980.320.950.880.440.970.930.890.95-0.03-0.510.390.88-0.040.91-0.57-0.570.410.97-0.52
0.950.960.950.680.950.950.180.920.950.550.970.860.870.930.07-0.420.440.890.060.93-0.64-0.660.370.97-0.5
-0.55-0.59-0.34-0.38-0.46-0.53-0.26-0.57-0.46-0.2-0.49-0.53-0.47-0.680.10.310.07-0.40.25-0.460.140.23-0.4-0.52-0.5
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Ping An Account Relationship Matchups

Ping An fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9T4.5T4.9T5.3T5.6T5.9T
Total Stockholder Equity313.0B364.1B395.4B434.7B472.3B495.9B
Property Plant And Equipment Net18.6B18.0B18.7B17.6B15.6B16.4B
Net Debt79.0B167.8B360.8B218.2B185.0B194.2B
Cash468.5B492.5B502.5B534.1B598.6B628.6B
Non Current Assets Total1.1T1.2T1.3T1.4T1.5T1.5T
Non Currrent Assets Other(36.3B)(40.5B)(41.3B)(46.5B)(50.1B)(52.6B)
Other Assets2.4T2.8T3.1T3.4T3.5T3.7T
Cash And Short Term Investments468.5B492.5B502.5B534.1B598.6B628.6B
Liabilities And Stockholders Equity3.9T4.5T4.9T5.3T5.6T5.9T
Total Current Assets468.5B492.5B502.5B534.1B598.6B628.6B
Short Long Term Debt Total547.4B660.2B863.3B752.3B783.6B822.8B
Other Current Liab880.8B1.2T1.2T1.3T1.3T1.4T
Total Current Liabilities1.9T2.4T2.5T2.6T2.7T2.9T
Retained Earnings113.4B131.2B154.4B186.3B221.3B232.3B
Accounts Payable6.2B4.3B6.0B5.4B10.4B9.9B
Net Receivables1.6B2.4B3.4B4.9B5.6B5.3B
Non Current Liabilities Total547.4B660.2B863.3B4.9T783.6B460.3B
Other Stockholder Equity105.3B107.9B100.8B130.8B130.8B137.3B
Total Liab547.4B660.2B863.3B4.9T783.6B1.0T
Other Liab13.1B11.0B15.5B13.2B11.9B22.4B
Intangible Assets4.4B3.9B5.8B6.9B6.6B7.0B
Property Plant Equipment19.5B19.4B19.5B18.4B21.2B22.2B
Net Tangible Assets281.1B332.8B362.1B400.3B460.3B287.7B
Inventory4.0B2.4B439M360M324M307.8M
Other Current Assets698.7B888.8B926.0B1.1T1.2T762.3B
Deferred Long Term Liab1.9B1.6B1.8B1.6B1.8B1.8B
Long Term Investments1.1T1.2T1.3T1.4T1.4T1.1T
Net Invested Capital832.9B997.1B1.2T1.2T1.2T1.0T

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Other Information on Investing in Ping Stock

Balance Sheet is a snapshot of the financial position of Ping An Bank at a specified time, usually calculated after every quarter, six months, or one year. Ping An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ping An 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 Ping currently owns. An asset can also be divided into two categories, current and non-current.