Ping Total Liab vs Total Assets Analysis

000001 Stock   11.34  0.05  0.44%   
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 Total Liab and its Total Assets 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.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Bank Total Liab account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ping An's Total Liab and Total Assets is 0.16. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total Assets 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 Liab of Ping An Bank are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Ping An's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of Ping An 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 Ping An Bank 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.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.