Guangxi Non Current Assets Total vs Total Liab Analysis

000833 Stock   14.02  0.31  2.16%   
Guangxi Guitang financial indicator trend analysis is much more than just examining Guangxi Guitang Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Guitang Group is a good investment. Please check the relationship between Guangxi Guitang Non Current Assets Total and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Guitang Group. 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.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Guitang Group Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangxi Guitang's Non Current Assets Total and Total Liab is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Guangxi Guitang Group, assuming nothing else is changed. The correlation between historical values of Guangxi Guitang's Non Current Assets Total and Total 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 Non Current Assets Total of Guangxi Guitang Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Guangxi Guitang's Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Guangxi Guitang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Guitang Group 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 Guangxi Guitang Group. 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 36.4 M. In addition to that, Tax Provision is expected to decline to about 35.3 M
 2021 2022 2023 2024 (projected)
Operating Income443.7M363.2M136.8M128.0M
Total Revenue3.1B3.4B3.4B1.9B

Guangxi Guitang fundamental ratios Correlations

0.180.910.970.630.830.740.850.610.080.160.670.750.130.940.810.930.950.74-0.830.080.80.820.780.570.24
0.18-0.010.310.57-0.180.09-0.03-0.53-0.580.380.360.00.150.00.560.370.03-0.440.190.41-0.3-0.22-0.38-0.57-0.56
0.91-0.010.790.280.790.910.780.640.04-0.050.710.870.040.990.560.710.960.78-0.84-0.130.870.940.880.640.23
0.970.310.790.780.780.610.830.520.040.280.640.620.170.830.910.990.870.62-0.760.250.680.680.650.450.15
0.630.570.280.780.430.10.550.13-0.050.530.380.110.220.350.90.840.40.14-0.350.450.190.160.130.03-0.06
0.83-0.180.790.780.430.640.930.910.53-0.10.440.680.160.810.570.730.820.83-0.9-0.110.80.870.90.860.43
0.740.090.910.610.10.640.580.49-0.03-0.250.70.930.080.870.40.510.860.63-0.68-0.250.690.820.780.520.1
0.85-0.030.780.830.550.930.580.750.33-0.010.50.53-0.010.80.70.810.810.72-0.90.080.80.80.80.680.23
0.61-0.530.640.520.130.910.490.750.73-0.220.180.590.160.670.230.440.650.88-0.81-0.30.720.810.890.990.67
0.08-0.580.040.04-0.050.53-0.030.330.73-0.46-0.390.160.190.11-0.190.010.130.57-0.31-0.450.30.320.470.720.8
0.160.38-0.050.280.53-0.1-0.25-0.01-0.22-0.460.36-0.220.11-0.030.510.34-0.05-0.31-0.020.48-0.2-0.19-0.31-0.27-0.36
0.670.360.710.640.380.440.70.50.18-0.390.360.590.020.670.650.630.680.23-0.610.240.470.550.410.15-0.33
0.750.00.870.620.110.680.930.530.590.16-0.220.590.20.860.350.520.860.72-0.64-0.350.70.830.810.620.32
0.130.150.040.170.220.160.08-0.010.160.190.110.020.20.060.160.140.030.05-0.03-0.06-0.080.120.050.160.12
0.940.00.990.830.350.810.870.80.670.11-0.030.670.860.060.590.750.960.82-0.85-0.170.890.940.890.670.31
0.810.560.560.910.90.570.40.70.23-0.190.510.650.350.160.590.950.650.26-0.560.490.410.40.330.13-0.18
0.930.370.710.990.840.730.510.810.440.010.340.630.520.140.750.950.810.54-0.70.320.640.590.560.350.09
0.950.030.960.870.40.820.860.810.650.13-0.050.680.860.030.960.650.810.81-0.83-0.070.890.870.880.630.29
0.74-0.440.780.620.140.830.630.720.880.57-0.310.230.720.050.820.260.540.81-0.78-0.350.880.860.950.890.74
-0.830.19-0.84-0.76-0.35-0.9-0.68-0.9-0.81-0.31-0.02-0.61-0.64-0.03-0.85-0.56-0.7-0.83-0.780.07-0.83-0.87-0.87-0.77-0.28
0.080.41-0.130.250.45-0.11-0.250.08-0.3-0.450.480.24-0.35-0.06-0.170.490.32-0.07-0.350.07-0.21-0.3-0.33-0.42-0.52
0.8-0.30.870.680.190.80.690.80.720.3-0.20.470.7-0.080.890.410.640.890.88-0.83-0.210.890.90.710.42
0.82-0.220.940.680.160.870.820.80.810.32-0.190.550.830.120.940.40.590.870.86-0.87-0.30.890.940.820.41
0.78-0.380.880.650.130.90.780.80.890.47-0.310.410.810.050.890.330.560.880.95-0.87-0.330.90.940.90.55
0.57-0.570.640.450.030.860.520.680.990.72-0.270.150.620.160.670.130.350.630.89-0.77-0.420.710.820.90.71
0.24-0.560.230.15-0.060.430.10.230.670.8-0.36-0.330.320.120.31-0.180.090.290.74-0.28-0.520.420.410.550.71
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Guangxi Guitang Account Relationship Matchups

Guangxi Guitang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.9B5.2B5.4B5.4B2.7B
Other Current Liab212.1M322.4M126.4M158.0M6.2M5.9M
Total Current Liabilities1.4B1.8B1.8B1.8B1.6B905.2M
Total Stockholder Equity2.8B2.9B3.1B3.3B3.3B1.7B
Other Liab168.2M137.3M132.9M132.3M152.2M76.2M
Retained Earnings752.5M805.2M1.1B1.2B1.2B1.3B
Accounts Payable575.6M675.7M518.4M609.6M359.6M268.7M
Cash1.1B1.2B1.0B1.4B1.5B1.6B
Other Assets98.1M109.5M375.4M400.4M460.4M483.4M
Long Term Debt53.5M84.8M150.4M199.9M300.1M315.1M
Net Receivables170.8M35.5M430.3M11.3M25.5M24.3M
Inventory589.4M694.7M741.9M708.7M602.7M378.8M
Other Current Assets15.7M41.8M68.0M62.1M27.1M40.2M
Total Liab1.6B2.0B2.1B2.1B2.0B1.0B
Intangible Assets909.4M879.0M835.0M770.3M671.8M407.4M
Property Plant Equipment988.7M1.4B1.5B1.4B1.7B943.4M
Net Tangible Assets1.9B2.0B2.3B2.5B2.9B2.1B
Other Stockholder Equity(1.2M)4.5M(4.5M)(3.2M)(2.9M)(2.7M)
Deferred Long Term Liab13.9M6.9M5.7M3.0M2.7M2.6M
Total Current Assets1.9B2.4B2.5B2.5B2.4B2.2B
Non Current Assets Total2.5B2.5B2.7B2.9B3.1B2.7B
Non Currrent Assets Other70.7M88.1M348.9M380.6M393.9M413.6M
Non Current Liabilities Total154.2M217.7M293.5M325.6M435.4M282.1M
Short Long Term Debt590.8M710.9M1.1B958.9M1.1B720.2M
Non Current Liabilities Other21.6M23.3M25.1M26.9M28.8M26.7M
Net Invested Capital3.4B3.7B4.3B4.5B4.7B4.2B
Net Working Capital453.4M587.1M711.4M708.8M804.5M585.7M

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Other Information on Investing in Guangxi Stock

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