Cofco Common Stock vs Long Term Debt Analysis

000930 Stock   5.92  0.06  1.02%   
Cofco Biochemical financial indicator trend analysis is way more than just evaluating Cofco Biochemical Anhui prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cofco Biochemical Anhui is a good investment. Please check the relationship between Cofco Biochemical Common Stock and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofco Biochemical Anhui. 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.

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cofco Biochemical Anhui Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cofco Biochemical's Common Stock and Long Term Debt is -0.4. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Cofco Biochemical Anhui, assuming nothing else is changed. The correlation between historical values of Cofco Biochemical's Common Stock 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 Common Stock of Cofco Biochemical Anhui 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 Common Stock i.e., Cofco Biochemical's Common Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Long Term Debt

Long-term debt is a debt that Cofco Biochemical Anhui has held for over one year. Long-term debt appears on Cofco Biochemical Anhui 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 Cofco Biochemical Anhui 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 Cofco Biochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cofco Biochemical Anhui 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 Cofco Biochemical Anhui. 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 139.8 M, whereas Selling General Administrative is forecasted to decline to about 184.1 M.
 2021 2022 2023 2024 (projected)
EBITDA2.0B1.9B2.2B1.5B
Interest Income15.4M16.2M16.2M10.9M

Cofco Biochemical fundamental ratios Correlations

0.340.460.910.740.790.58-0.310.60.940.40.90.850.830.540.170.86-0.520.890.870.840.780.840.730.850.93
0.340.90.150.060.71-0.020.140.880.490.910.470.160.55-0.090.440.49-0.280.270.470.560.480.420.710.290.25
0.460.90.320.160.790.24-0.030.830.640.980.590.390.710.160.430.62-0.450.450.630.690.670.640.870.480.39
0.910.150.320.790.730.8-0.50.480.820.270.720.940.780.690.010.8-0.470.940.890.850.870.770.70.940.97
0.740.060.160.790.620.46-0.30.310.750.140.430.620.690.55-0.340.45-0.370.740.650.590.570.460.480.610.69
0.790.710.790.730.620.52-0.270.880.870.760.70.690.890.360.220.83-0.430.810.890.920.880.760.920.790.77
0.58-0.020.240.80.460.52-0.550.370.480.130.420.870.590.740.20.63-0.430.810.750.740.80.570.560.860.76
-0.310.14-0.03-0.5-0.3-0.27-0.550.0-0.27-0.09-0.11-0.4-0.22-0.530.02-0.4-0.23-0.56-0.52-0.47-0.52-0.44-0.35-0.58-0.53
0.60.880.830.480.310.880.370.00.660.790.630.510.750.160.460.71-0.420.590.720.810.730.560.820.60.57
0.940.490.640.820.750.870.48-0.270.660.610.870.750.850.450.170.83-0.490.830.850.830.790.870.850.790.84
0.40.910.980.270.140.760.13-0.090.790.610.520.290.630.070.370.57-0.30.390.580.650.630.620.860.430.35
0.90.470.590.720.430.70.42-0.110.630.870.520.750.70.390.380.86-0.560.680.730.710.680.880.730.730.8
0.850.160.390.940.620.690.87-0.40.510.750.290.750.780.730.180.82-0.660.880.860.830.870.760.690.930.92
0.830.550.710.780.690.890.59-0.220.750.850.630.70.780.570.090.72-0.660.860.90.90.860.710.830.780.77
0.54-0.090.160.690.550.360.74-0.530.160.450.070.390.730.57-0.080.4-0.550.630.570.530.580.470.410.650.61
0.170.440.430.01-0.340.220.20.020.460.170.370.380.180.09-0.080.47-0.240.110.20.270.210.30.30.220.14
0.860.490.620.80.450.830.63-0.40.710.830.570.860.820.720.40.47-0.430.810.870.870.850.870.820.880.87
-0.52-0.28-0.45-0.47-0.37-0.43-0.43-0.23-0.42-0.49-0.3-0.56-0.66-0.66-0.55-0.24-0.43-0.4-0.43-0.43-0.43-0.37-0.41-0.42-0.39
0.890.270.450.940.740.810.81-0.560.590.830.390.680.880.860.630.110.81-0.40.970.940.920.780.770.950.95
0.870.470.630.890.650.890.75-0.520.720.850.580.730.860.90.570.20.87-0.430.970.990.970.830.880.950.93
0.840.560.690.850.590.920.74-0.470.810.830.650.710.830.90.530.270.87-0.430.940.990.970.80.910.930.89
0.780.480.670.870.570.880.8-0.520.730.790.630.680.870.860.580.210.85-0.430.920.970.970.820.920.950.89
0.840.420.640.770.460.760.57-0.440.560.870.620.880.760.710.470.30.87-0.370.780.830.80.820.860.840.84
0.730.710.870.70.480.920.56-0.350.820.850.860.730.690.830.410.30.82-0.410.770.880.910.920.860.810.76
0.850.290.480.940.610.790.86-0.580.60.790.430.730.930.780.650.220.88-0.420.950.950.930.950.840.810.97
0.930.250.390.970.690.770.76-0.530.570.840.350.80.920.770.610.140.87-0.390.950.930.890.890.840.760.97
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Cofco Biochemical Account Relationship Matchups

Cofco Biochemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.2B20.5B18.1B18.1B16.6B9.9B
Other Current Liab2.5B1.3B1.4B952.6M30.2M28.7M
Total Current Liabilities6.5B9.3B5.6B5.2B5.1B4.9B
Total Stockholder Equity9.8B10.4B11.4B12.1B10.5B11.0B
Retained Earnings1.3B1.8B2.8B3.2B1.4B824.6M
Accounts Payable854.8M845.8M920.2M919.6M766.5M615.6M
Cash700.5M662.3M1.1B1.0B1.5B1.6B
Long Term Debt274.7M189.7M406.4M191.3M165.6M157.4M
Net Receivables1.4B734.5M1.5B1.1B1.0B742.2M
Inventory2.8B5.0B4.1B3.8B2.5B1.6B
Other Current Assets1.8B2.9B982.0M1.3B485.7M819.8M
Total Liab7.0B9.7B6.3B5.6B5.7B5.1B
Property Plant Equipment8.2B8.5B8.5B8.6B9.9B5.5B
Other Liab108.3M125.8M169.6M189.2M217.6M228.4M
Other Assets522.8M354.3M400.0M306.4M352.3M337.1M
Intangible Assets823.9M852.7M629.7M610.6M602.7M632.8M
Net Tangible Assets8.6B9.2B10.4B11.1B12.8B7.4B
Other Stockholder Equity683.1M651.2M616.9M692.8M796.8M521.5M
Deferred Long Term Liab26.7M27.2M22.2M25.2M29.0M20.5M
Short Long Term Debt2.5B6.6B2.8B2.9B3.2B3.3B
Total Current Assets6.7B9.9B7.6B7.7B6.0B7.5B
Non Current Assets Total10.4B10.6B10.4B10.4B10.5B9.8B
Non Currrent Assets Other121.0M198.8M(86.5M)109.4M80.0M95.1M
Non Current Liabilities Total412.7M359.3M712.9M427.3M562.5M499.8M
Net Debt2.1B6.1B2.1B2.0B1.9B2.4B
Net Invested Capital12.6B17.2B14.6B15.2B13.8B14.6B
Net Working Capital186.6M578.0M2.0B2.5B893.5M700.6M

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Other Information on Investing in Cofco Stock

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