Beijing Net Receivables vs Cash And Short Term Investments Analysis

000786 Stock

28.84 0.58 1.97%

Beijing New financial indicator trend analysis is way more than just evaluating Beijing New Building prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing New Building is a good investment. Please check the relationship between Beijing New Net Receivables and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing New Building. 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.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing New Building Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Beijing New's Net Receivables and Cash And Short Term Investments is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Beijing New Building, assuming nothing else is changed. The correlation between historical values of Beijing New's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Beijing New Building are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Beijing New's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Beijing New Building balance sheet. This account contains Beijing New investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Beijing New Building fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Beijing New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing New Building 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 Beijing New Building. 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 Selling General Administrative is expected to grow to about 523 M, whereas Tax Provision is forecasted to decline to about 198.3 M.

	2021	2022	2023	2024 (projected)
Operating Income	3.9B	3.1B	3.9B	4.1B
Total Revenue	21.1B	19.9B	22.4B	23.5B

Operating Income Total Revenue

Beijing New fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Non Currrent Assets Other	Short Term Investments	Retained Earnings	Other Assets	Long Term Debt
Total Assets		0.4	0.5	0.79	0.98	0.99	0.38	0.63	0.93	0.05	0.99	0.91	0.92	0.47	0.94	0.14	0.62	0.98	0.06	0.85	0.53	0.56	0.89	0.97	0.87	0.56
Short Long Term Debt Total	0.4		0.01	0.66	0.27	0.43	0.28	0.81	0.56	0.54	0.42	0.26	0.38	0.53	0.58	-0.14	0.78	0.35	0.83	0.25	0.21	0.08	0.18	0.26	0.42	0.39
Other Current Liab	0.5	0.01		0.38	0.48	0.45	-0.19	0.1	0.49	0.06	0.45	0.57	0.58	0.52	0.58	-0.26	0.37	0.57	-0.36	0.22	0.04	0.46	0.56	0.53	0.43	0.6
Total Current Liabilities	0.79	0.66	0.38		0.67	0.82	0.61	0.73	0.94	0.38	0.81	0.62	0.82	0.38	0.85	-0.17	0.84	0.74	0.48	0.52	0.27	0.29	0.55	0.68	0.81	0.33
Total Stockholder Equity	0.98	0.27	0.48	0.67		0.96	0.31	0.54	0.85	-0.06	0.97	0.92	0.88	0.41	0.88	0.23	0.5	0.97	-0.06	0.88	0.56	0.58	0.92	0.99	0.82	0.54
Property Plant And Equipment Net	0.99	0.43	0.45	0.82	0.96		0.47	0.62	0.94	0.09	1.0	0.84	0.9	0.48	0.92	0.16	0.68	0.94	0.12	0.86	0.57	0.6	0.82	0.94	0.85	0.52
Current Deferred Revenue	0.38	0.28	-0.19	0.61	0.31	0.47		0.25	0.49	0.01	0.46	0.06	0.4	0.04	0.28	0.15	0.59	0.24	0.27	0.35	0.3	0.24	0.05	0.27	0.49	-0.01
Net Debt	0.63	0.81	0.1	0.73	0.54	0.62	0.25		0.71	0.2	0.62	0.57	0.62	0.45	0.76	-0.17	0.58	0.63	0.6	0.43	0.04	0.03	0.53	0.58	0.69	0.45
Accounts Payable	0.93	0.56	0.49	0.94	0.85	0.94	0.49	0.71		0.21	0.94	0.78	0.93	0.48	0.96	-0.09	0.79	0.89	0.27	0.69	0.39	0.5	0.75	0.86	0.9	0.51
Cash	0.05	0.54	0.06	0.38	-0.06	0.09	0.01	0.2	0.21		0.06	0.01	-0.03	0.16	0.22	-0.08	0.41	0.03	0.66	-0.01	0.3	-0.04	-0.13	-0.12	-0.09	-0.12
Non Current Assets Total	0.99	0.42	0.45	0.81	0.97	1.0	0.46	0.62	0.94	0.06		0.85	0.9	0.48	0.92	0.17	0.66	0.95	0.1	0.87	0.57	0.59	0.84	0.95	0.86	0.53
Cash And Short Term Investments	0.91	0.26	0.57	0.62	0.92	0.84	0.06	0.57	0.78	0.01	0.85		0.81	0.36	0.86	0.05	0.38	0.96	-0.04	0.73	0.38	0.39	0.99	0.94	0.76	0.52
Net Receivables	0.92	0.38	0.58	0.82	0.88	0.9	0.4	0.62	0.93	-0.03	0.9	0.81		0.4	0.92	-0.17	0.64	0.91	0.04	0.62	0.25	0.49	0.81	0.91	0.97	0.55
Non Current Liabilities Total	0.47	0.53	0.52	0.38	0.41	0.48	0.04	0.45	0.48	0.16	0.48	0.36	0.4		0.58	0.03	0.64	0.44	0.03	0.41	0.3	0.6	0.33	0.4	0.38	0.91
Inventory	0.94	0.58	0.58	0.85	0.88	0.92	0.28	0.76	0.96	0.22	0.92	0.86	0.92	0.58		-0.08	0.72	0.94	0.22	0.68	0.38	0.53	0.82	0.89	0.87	0.64
Other Current Assets	0.14	-0.14	-0.26	-0.17	0.23	0.16	0.15	-0.17	-0.09	-0.08	0.17	0.05	-0.17	0.03	-0.08		-0.1	0.09	-0.16	0.58	0.69	0.23	0.06	0.12	-0.22	0.0
Total Liab	0.62	0.78	0.37	0.84	0.5	0.68	0.59	0.58	0.79	0.41	0.66	0.38	0.64	0.64	0.72	-0.1		0.54	0.49	0.42	0.38	0.46	0.31	0.48	0.63	0.52
Total Current Assets	0.98	0.35	0.57	0.74	0.97	0.94	0.24	0.63	0.89	0.03	0.95	0.96	0.91	0.44	0.94	0.09	0.54		0.01	0.8	0.45	0.5	0.95	0.98	0.86	0.58
Short Term Debt	0.06	0.83	-0.36	0.48	-0.06	0.12	0.27	0.6	0.27	0.66	0.1	-0.04	0.04	0.03	0.22	-0.16	0.49	0.01		-0.02	0.06	-0.31	-0.14	-0.08	0.1	-0.18
Common Stock	0.85	0.25	0.22	0.52	0.88	0.86	0.35	0.43	0.69	-0.01	0.87	0.73	0.62	0.41	0.68	0.58	0.42	0.8	-0.02		0.78	0.56	0.73	0.81	0.57	0.45
Other Stockholder Equity	0.53	0.21	0.04	0.27	0.56	0.57	0.3	0.04	0.39	0.3	0.57	0.38	0.25	0.3	0.38	0.69	0.38	0.45	0.06	0.78		0.63	0.34	0.43	0.16	0.21
Non Currrent Assets Other	0.56	0.08	0.46	0.29	0.58	0.6	0.24	0.03	0.5	-0.04	0.59	0.39	0.49	0.6	0.53	0.23	0.46	0.5	-0.31	0.56	0.63		0.4	0.52	0.4	0.61
Short Term Investments	0.89	0.18	0.56	0.55	0.92	0.82	0.05	0.53	0.75	-0.13	0.84	0.99	0.81	0.33	0.82	0.06	0.31	0.95	-0.14	0.73	0.34	0.4		0.95	0.76	0.53
Retained Earnings	0.97	0.26	0.53	0.68	0.99	0.94	0.27	0.58	0.86	-0.12	0.95	0.94	0.91	0.4	0.89	0.12	0.48	0.98	-0.08	0.81	0.43	0.52	0.95		0.87	0.56
Other Assets	0.87	0.42	0.43	0.81	0.82	0.85	0.49	0.69	0.9	-0.09	0.86	0.76	0.97	0.38	0.87	-0.22	0.63	0.86	0.1	0.57	0.16	0.4	0.76	0.87		0.54
Long Term Debt	0.56	0.39	0.6	0.33	0.54	0.52	-0.01	0.45	0.51	-0.12	0.53	0.52	0.55	0.91	0.64	0.0	0.52	0.58	-0.18	0.45	0.21	0.61	0.53	0.56	0.54

Click cells to compare fundamentals

Beijing New Account Relationship Matchups

Beijing New fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.5B	22.9B	26.6B	28.6B	30.7B	32.2B
Short Long Term Debt Total	2.2B	1.7B	3.5B	1.9B	3.2B	1.7B
Other Current Liab	204.4K	564.0M	68.6M	2.7B	1.0B	1.1B
Total Current Liabilities	6.2B	4.9B	5.4B	5.3B	5.6B	5.9B
Total Stockholder Equity	14.0B	16.7B	18.9B	21.0B	23.4B	24.5B
Property Plant And Equipment Net	12.1B	12.9B	13.8B	13.9B	14.4B	15.1B
Current Deferred Revenue	2.7B	1.2B	1.4B	466.2M	638.2M	393.8M
Net Debt	1.6B	1.1B	2.9B	1.4B	2.6B	2.8B
Accounts Payable	1.6B	1.6B	1.8B	1.9B	1.8B	1.9B
Cash	623.1M	590.2M	572.2M	555.7M	546.5M	549.9M
Non Current Assets Total	15.1B	16.1B	17.4B	17.6B	18.4B	19.3B
Cash And Short Term Investments	2.0B	2.2B	3.2B	4.5B	6.1B	6.4B
Net Receivables	1.9B	2.7B	3.1B	3.5B	3.2B	3.4B
Liabilities And Stockholders Equity	21.5B	22.9B	26.6B	28.6B	30.7B	32.2B
Non Current Liabilities Total	714.3M	575.1M	1.6B	1.9B	1.1B	758.8M
Inventory	1.6B	1.7B	2.6B	2.7B	2.6B	2.7B
Other Current Assets	825.1M	243.9M	250.3M	239.9M	384.7M	244.0M
Total Liab	6.9B	5.5B	7.0B	7.2B	6.7B	3.4B
Total Current Assets	6.3B	6.9B	9.2B	11.0B	12.3B	12.9B
Short Term Debt	1.9B	1.5B	2.2B	284.0M	2.1B	1.3B
Other Stockholder Equity	3.1B	3.1B	2.8B	2.7B	2.7B	1.7B
Non Currrent Assets Other	1.6B	1.9B	3.1B	4.3B	541.6M	832.7M
Short Term Investments	1.3B	1.6B	2.6B	3.9B	5.5B	5.8B
Retained Earnings	8.5B	11.1B	13.5B	15.5B	17.9B	18.8B
Other Assets	345.9M	354.9M	558.2M	438.6M	504.4M	529.6M
Long Term Debt	235.6M	120M	1.2B	1.5B	870M	536.2M
Property Plant Equipment	12.1B	12.9B	13.8B	13.9B	16.0B	16.8B
Intangible Assets	2.0B	2.1B	2.3B	2.5B	2.5B	2.6B
Other Liab	374.4M	329.1M	289.8M	246.1M	283.0M	395.8M
Good Will	322.2M	311.1M	388.0M	344.1M	382.5M	401.7M
Net Tangible Assets	11.6B	14.2B	16.2B	18.1B	20.8B	13.6B
Deferred Long Term Liab	25.0M	16.2M	38.0M	79.7M	91.7M	96.3M
Short Long Term Debt	1.6B	1.3B	2.1B	168.0M	378.4M	359.5M
Non Current Liabilities Other	12.9M	13.2M	11.9M	50K	13.0M	12.3M
Net Invested Capital	15.8B	18.1B	22.2B	22.6B	24.6B	20.8B
Net Working Capital	128.1M	2.0B	3.8B	5.7B	6.7B	3.8B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Beijing Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Beijing Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

Beijing New fundamental ratios Correlations

Beijing New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing New fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Stockholder Equity	+ 0.98	Total Assets

Short Term Debt	- 0.36	Other Current Liab
Non Currrent Assets Other	- 0.31	Short Term Debt
Other Current Assets	- 0.26	Other Current Liab
Other Assets	- 0.22	Other Current Assets
Current Deferred Revenue	- 0.19	Other Current Liab
Long Term Debt	- 0.18	Short Term Debt