Guangxi Non Currrent Assets Other vs Long Term Debt 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 Currrent Assets Other and its Long Term Debt 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 Currrent Assets Other vs Long Term Debt

Non Currrent Assets Other vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Guitang Group Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangxi Guitang's Non Currrent Assets Other and Long Term Debt is 0.72. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt 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 Currrent Assets Other 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 Non Currrent Assets Other of Guangxi Guitang Group 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 Non Currrent Assets Other i.e., Guangxi Guitang's Non Currrent Assets Other and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Long Term Debt

Long-term debt is a debt that Guangxi Guitang Group has held for over one year. Long-term debt appears on Guangxi Guitang Group 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 Guangxi Guitang Group 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 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.