CGN Non Current Assets Total vs Accounts Payable Analysis

000881 Stock   7.09  0.01  0.14%   
CGN Nuclear financial indicator trend analysis is way more than just evaluating CGN Nuclear Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CGN Nuclear Technology is a good investment. Please check the relationship between CGN Nuclear Non Current Assets Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CGN Nuclear Technology. 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 Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGN Nuclear Technology Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CGN Nuclear's Non Current Assets Total and Accounts Payable is 0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CGN Nuclear Technology, assuming nothing else is changed. The correlation between historical values of CGN Nuclear's Non Current Assets Total and Accounts Payable 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 CGN Nuclear Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., CGN Nuclear's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.84
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.

Accounts Payable

An accounting item on the balance sheet that represents CGN Nuclear obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CGN Nuclear Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from CGN Nuclear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CGN Nuclear Technology 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 CGN Nuclear Technology. 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 Tax Provision is expected to grow to about 67.4 M, whereas Discontinued Operations is forecasted to decline to (43.6 K).
 2022 2024 2025 (projected)
Other Operating Expenses164.2M188.9M100.6M
Gross Profit1.2B882.4M1.2B

CGN Nuclear fundamental ratios Correlations

0.87-0.280.830.80.640.390.220.570.960.570.910.930.60.870.880.70.810.410.170.50.830.870.680.4-0.13
0.87-0.450.690.950.530.29-0.070.350.770.810.880.940.450.970.980.720.920.360.440.740.870.970.80.45-0.15
-0.28-0.45-0.05-0.39-0.250.330.690.38-0.08-0.23-0.61-0.51-0.43-0.55-0.54-0.6-0.5-0.34-0.02-0.11-0.41-0.56-0.2-0.230.28
0.830.69-0.050.60.380.480.250.660.790.480.630.720.520.610.640.430.70.330.090.470.750.620.640.39-0.03
0.80.95-0.390.60.50.29-0.030.390.710.870.80.880.330.910.920.550.810.160.490.80.780.890.840.470.06
0.640.53-0.250.380.5-0.030.390.470.690.120.620.530.640.580.550.530.320.24-0.110.010.190.620.110.13-0.02
0.390.290.330.480.29-0.030.210.330.380.360.160.35-0.060.190.29-0.150.29-0.090.250.450.450.180.580.690.29
0.22-0.070.690.25-0.030.390.210.730.45-0.24-0.11-0.110.07-0.11-0.13-0.08-0.160.02-0.26-0.2-0.19-0.09-0.15-0.050.26
0.570.350.380.660.390.470.330.730.710.170.240.310.320.290.270.120.250.1-0.10.180.230.30.280.230.31
0.960.77-0.080.790.710.690.380.450.710.440.80.80.590.780.770.640.70.380.070.380.690.780.550.33-0.06
0.570.81-0.230.480.870.120.36-0.240.170.440.580.72-0.010.70.760.270.670.050.740.980.730.670.930.340.08
0.910.88-0.610.630.80.620.16-0.110.240.80.580.950.60.930.930.80.830.460.210.470.820.920.630.36-0.25
0.930.94-0.510.720.880.530.35-0.110.310.80.720.950.530.940.970.720.890.380.310.640.920.930.80.46-0.13
0.60.45-0.430.520.330.64-0.060.070.320.59-0.010.60.530.580.470.680.510.44-0.54-0.150.380.620.060.07-0.07
0.870.97-0.550.610.910.580.19-0.110.290.780.70.930.940.580.980.810.920.430.290.610.841.00.690.39-0.19
0.880.98-0.540.640.920.550.29-0.130.270.770.760.930.970.470.980.760.920.380.410.680.880.970.780.47-0.19
0.70.72-0.60.430.550.53-0.15-0.080.120.640.270.80.720.680.810.760.80.63-0.030.170.650.820.260.06-0.53
0.810.92-0.50.70.810.320.29-0.160.250.70.670.830.890.510.920.920.80.510.270.620.940.910.720.44-0.26
0.410.36-0.340.330.160.24-0.090.020.10.380.050.460.380.440.430.380.630.51-0.2-0.010.380.460.08-0.01-0.2
0.170.44-0.020.090.49-0.110.25-0.26-0.10.070.740.210.31-0.540.290.41-0.030.27-0.20.810.370.250.610.18-0.23
0.50.74-0.110.470.80.010.45-0.20.180.380.980.470.64-0.150.610.680.170.62-0.010.810.70.570.930.370.06
0.830.87-0.410.750.780.190.45-0.190.230.690.730.820.920.380.840.880.650.940.380.370.70.820.850.49-0.21
0.870.97-0.560.620.890.620.18-0.090.30.780.670.920.930.621.00.970.820.910.460.250.570.820.660.39-0.17
0.680.8-0.20.640.840.110.58-0.150.280.550.930.630.80.060.690.780.260.720.080.610.930.850.660.530.15
0.40.45-0.230.390.470.130.69-0.050.230.330.340.360.460.070.390.470.060.44-0.010.180.370.490.390.530.27
-0.13-0.150.28-0.030.06-0.020.290.260.31-0.060.08-0.25-0.13-0.07-0.19-0.19-0.53-0.26-0.2-0.230.06-0.21-0.170.150.27
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CGN Nuclear Account Relationship Matchups

CGN Nuclear fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.3B13.3B12.0B11.3B13.0B7.0B
Total Stockholder Equity6.0B6.1B6.3B5.6B6.4B6.7B
Other Liab110.9M136.7M434.8M340.7M306.6M399.7M
Retained Earnings1.8B1.9B2.1B1.2B1.4B921.5M
Accounts Payable1.3B1.6B1.2B1.4B1.6B1.7B
Cash1.8B1.7B1.6B1.0B1.2B1.1B
Other Assets235.6M686.1M419.3M453.1M521.1M295.7M
Long Term Debt911.7M1.1B502.3M708.7M815.0M749.9M
Inventory1.5B1.8B1.2B1.1B1.2B1.2B
Total Liab5.9B6.6B5.2B5.3B6.0B3.8B
Intangible Assets482.1M1.1B1.2B1.2B1.4B1.4B
Property Plant Equipment2.8B2.9B3.1B2.9B3.3B1.7B
Other Current Liab576.6M862.3M437.9M2.1M1.9M1.8M
Total Current Liabilities4.5B5.0B4.3B4.1B4.8B4.6B
Net Tangible Assets4.9B5.1B4.7B4.9B5.6B4.7B
Net Receivables2.0B2.2B2.0B2.0B1.8B2.0B
Good Will458.2M443.8M421.6M370.6M426.2M437.2M
Other Current Assets219.9M432.0M330.3M99.0M89.1M84.6M
Other Stockholder Equity4.0M(1.7M)(15.1M)41.3M47.5M49.9M
Deferred Long Term Liab102.4M124.0M205.5M264.5M304.2M319.4M
Total Current Assets7.8B8.3B7.2B6.4B7.3B7.7B
Non Current Assets Total4.5B5.0B4.8B4.9B5.6B4.6B
Non Currrent Assets Other454.9M48.3M46.6M135.9M156.3M105.6M
Non Current Liabilities Total1.4B1.6B961.4M1.1B1.3B1.2B
Short Long Term Debt2.3B2.2B1.7B1.7B1.5B1.8B
Non Current Liabilities Other16.1M293.9M181.1M24.7M28.5M27.0M
Net Debt1.4B1.6B642.0M1.3B1.2B1.1B
Short Term Investments566.1M458.9M341.3M289.2M260.3M247.3M
Net Invested Capital9.2B9.5B8.6B8.0B7.2B7.0B
Net Working Capital3.3B3.3B2.9B2.2B2.0B2.4B
Property Plant And Equipment Net2.9B3.1B2.9B3.0B3.5B3.2B
Property Plant And Equipment Gross5.4B5.8B2.9B5.1B4.6B3.9B

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Other Information on Investing in CGN Stock

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