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 Total Stockholder Equity and its Long Term Debt 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 Stockholder Equity vs Long Term Debt
Total Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ping An Bank Total Stockholder Equity account and
Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ping An's Total Stockholder Equity and Long Term Debt is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt 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 Stockholder Equity and Long 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 Total Stockholder Equity of Ping An Bank are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Ping An's Total Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Long Term Debt
Long-term debt is a debt that Ping An Bank has held for over one year. Long-term debt appears on Ping An Bank balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ping An Bank balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
Ping An fundamental ratios Correlations
Click cells to compare fundamentals
Ping An Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ping An fundamental ratios Accounts
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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.