Fujian Inventory vs Total Current Liabilities Analysis

000997 Stock

20.05 0.56 2.72%

Fujian Newland financial indicator trend analysis is much more than just examining Fujian Newland Computer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Newland Computer is a good investment. Please check the relationship between Fujian Newland Inventory and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Newland Computer. 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Newland Computer Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Fujian Newland's Inventory and Total Current Liabilities is -0.16. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Fujian Newland Computer, assuming nothing else is changed. The correlation between historical values of Fujian Newland's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Fujian Newland Computer are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Fujian Newland's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Fujian Newland balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fujian Newland Computer are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Fujian Newland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Newland Computer 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 Fujian Newland Computer. 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 November 23, 2024, Selling General Administrative is expected to decline to about 282.7 M. In addition to that, Discontinued Operations is expected to decline to about (3.9 M)

	2021	2022	2023	2024 (projected)
Operating Income	551.6M	869.9M	1.7B	1.8B
Total Revenue	7.2B	7.4B	8.2B	8.7B

Operating Income Total Revenue

Fujian Newland fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total
Total Assets		0.5	0.99	0.99	0.44	0.98	0.76	0.97	0.86	0.45	-0.08	-0.19	0.83	0.99	0.62	0.78	0.79	-0.13	0.92	0.93	0.11	0.11	0.91	0.96	0.95	0.92
Other Current Liab	0.5		0.5	0.49	0.18	0.53	0.36	0.48	0.62	0.44	0.02	0.07	0.35	0.5	0.58	0.61	0.69	-0.17	0.52	0.51	0.02	0.04	0.52	0.56	0.55	0.42
Total Current Liabilities	0.99	0.5		0.95	0.48	0.95	0.73	0.94	0.82	0.46	-0.11	-0.16	0.81	1.0	0.63	0.78	0.77	-0.18	0.91	0.87	0.07	0.04	0.88	0.93	0.92	0.9
Total Stockholder Equity	0.99	0.49	0.95		0.39	0.99	0.75	0.96	0.86	0.44	-0.04	-0.23	0.84	0.95	0.61	0.76	0.76	-0.13	0.91	0.96	0.16	0.18	0.93	0.97	0.96	0.91
Other Liab	0.44	0.18	0.48	0.39		0.46	0.1	0.42	0.18	0.2	-0.3	-0.12	0.38	0.5	0.43	0.43	0.16	-0.24	0.65	0.24	-0.09	-0.08	0.42	0.35	0.48	0.29
Retained Earnings	0.98	0.53	0.95	0.99	0.46		0.73	0.96	0.85	0.39	-0.06	-0.21	0.87	0.95	0.63	0.78	0.75	-0.18	0.92	0.94	0.06	0.1	0.9	0.95	0.94	0.9
Accounts Payable	0.76	0.36	0.73	0.75	0.1	0.73		0.77	0.73	0.27	-0.31	-0.08	0.68	0.75	0.17	0.46	0.66	0.33	0.58	0.76	-0.17	-0.27	0.6	0.78	0.64	0.77
Cash	0.97	0.48	0.94	0.96	0.42	0.96	0.77		0.91	0.26	-0.16	-0.3	0.79	0.94	0.51	0.68	0.78	-0.12	0.89	0.93	-0.06	0.04	0.87	0.94	0.9	0.96
Other Assets	0.86	0.62	0.82	0.86	0.18	0.85	0.73	0.91		0.34	0.03	-0.27	0.66	0.82	0.55	0.64	0.93	-0.16	0.78	0.87	0.0	0.13	0.8	0.88	0.83	0.88
Net Receivables	0.45	0.44	0.46	0.44	0.2	0.39	0.27	0.26	0.34		0.18	0.02	0.28	0.47	0.68	0.58	0.57	-0.11	0.51	0.38	0.7	0.39	0.58	0.5	0.57	0.22
Short Term Investments	-0.08	0.02	-0.11	-0.04	-0.3	-0.06	-0.31	-0.16	0.03	0.18		0.33	0.09	-0.13	0.14	0.25	0.11	-0.34	-0.11	-0.06	0.51	0.67	0.02	-0.13	-0.04	-0.19
Inventory	-0.19	0.07	-0.16	-0.23	-0.12	-0.21	-0.08	-0.3	-0.27	0.02	0.33		0.03	-0.15	0.01	0.16	-0.1	0.16	-0.3	-0.35	-0.06	-0.08	-0.32	-0.34	-0.33	-0.35
Other Current Assets	0.83	0.35	0.81	0.84	0.38	0.87	0.68	0.79	0.66	0.28	0.09	0.03		0.81	0.44	0.69	0.54	-0.24	0.72	0.76	0.02	0.06	0.7	0.75	0.73	0.72
Total Liab	0.99	0.5	1.0	0.95	0.5	0.95	0.75	0.94	0.82	0.47	-0.13	-0.15	0.81		0.62	0.78	0.78	-0.13	0.92	0.87	0.06	0.03	0.88	0.93	0.92	0.9
Intangible Assets	0.62	0.58	0.63	0.61	0.43	0.63	0.17	0.51	0.55	0.68	0.14	0.01	0.44	0.62		0.73	0.65	-0.45	0.71	0.55	0.41	0.36	0.71	0.61	0.7	0.46
Common Stock	0.78	0.61	0.78	0.76	0.43	0.78	0.46	0.68	0.64	0.58	0.25	0.16	0.69	0.78	0.73		0.75	-0.18	0.81	0.71	0.26	0.22	0.81	0.73	0.77	0.67
Property Plant Equipment	0.79	0.69	0.77	0.76	0.16	0.75	0.66	0.78	0.93	0.57	0.11	-0.1	0.54	0.78	0.65	0.75		-0.11	0.75	0.78	0.17	0.2	0.79	0.82	0.79	0.77
Long Term Debt	-0.13	-0.17	-0.18	-0.13	-0.24	-0.18	0.33	-0.12	-0.16	-0.11	-0.34	0.16	-0.24	-0.13	-0.45	-0.18	-0.11		-0.22	-0.08	-0.16	-0.31	-0.18	-0.09	-0.18	-0.07
Good Will	0.92	0.52	0.91	0.91	0.65	0.92	0.58	0.89	0.78	0.51	-0.11	-0.3	0.72	0.92	0.71	0.81	0.75	-0.22		0.87	0.2	0.2	0.95	0.91	0.96	0.84
Net Tangible Assets	0.93	0.51	0.87	0.96	0.24	0.94	0.76	0.93	0.87	0.38	-0.06	-0.35	0.76	0.87	0.55	0.71	0.78	-0.08	0.87		0.16	0.17	0.93	0.97	0.93	0.94
Other Stockholder Equity	0.11	0.02	0.07	0.16	-0.09	0.06	-0.17	-0.06	0.0	0.7	0.51	-0.06	0.02	0.06	0.41	0.26	0.17	-0.16	0.2	0.16		0.85	0.38	0.16	0.32	-0.08
Deferred Long Term Liab	0.11	0.04	0.04	0.18	-0.08	0.1	-0.27	0.04	0.13	0.39	0.67	-0.08	0.06	0.03	0.36	0.22	0.2	-0.31	0.2	0.17	0.85		0.35	0.12	0.3	-0.04
Long Term Investments	0.91	0.52	0.88	0.93	0.42	0.9	0.6	0.87	0.8	0.58	0.02	-0.32	0.7	0.88	0.71	0.81	0.79	-0.18	0.95	0.93	0.38	0.35		0.95	0.98	0.86
Total Current Assets	0.96	0.56	0.93	0.97	0.35	0.95	0.78	0.94	0.88	0.5	-0.13	-0.34	0.75	0.93	0.61	0.73	0.82	-0.09	0.91	0.97	0.16	0.12	0.95		0.96	0.93
Treasury Stock	0.95	0.55	0.92	0.96	0.48	0.94	0.64	0.9	0.83	0.57	-0.04	-0.33	0.73	0.92	0.7	0.77	0.79	-0.18	0.96	0.93	0.32	0.3	0.98	0.96		0.85
Non Current Assets Total	0.92	0.42	0.9	0.91	0.29	0.9	0.77	0.96	0.88	0.22	-0.19	-0.35	0.72	0.9	0.46	0.67	0.77	-0.07	0.84	0.94	-0.08	-0.04	0.86	0.93	0.85

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Fujian Newland Account Relationship Matchups

Fujian Newland fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2B	11.8B	11.3B	11.6B	13.2B	13.9B
Other Current Liab	3.5B	3.3B	3.0B	4.3B	14.3M	13.6M
Total Current Liabilities	5.9B	5.1B	4.5B	5.7B	6.3B	6.6B
Total Stockholder Equity	5.8B	6.1B	6.3B	5.6B	6.4B	6.7B
Other Liab	40.0M	50.1M	111.5M	98.1M	112.8M	118.5M
Retained Earnings	3.1B	3.4B	3.7B	3.1B	3.4B	3.6B
Accounts Payable	796.3M	771.3M	949.4M	625.6M	910.2M	955.7M
Cash	4.6B	4.4B	3.8B	3.8B	4.5B	4.7B
Other Assets	2.5B	1.7B	1.3B	989.0M	1.1B	1.2B
Net Receivables	1.4B	1.0B	1.1B	1.0B	927.9M	863.4M
Short Term Investments	485.8M	171.4M	291.2M	65.4M	100.2M	95.2M
Inventory	1.0B	902.9M	1.1B	1.1B	882.6M	835.8M
Other Current Assets	209.6M	257.3M	319.6M	186.6M	278.4M	292.3M
Total Liab	5.9B	5.4B	4.8B	5.8B	6.5B	6.8B
Intangible Assets	172.1M	155.3M	139.2M	132.3M	133.0M	72.8M
Common Stock	1.0B	1.0B	1.1B	1.0B	1.2B	639.6M
Property Plant Equipment	800.3M	556.3M	390.1M	385.6M	443.4M	291.3M
Long Term Debt	234M	38.3M	157M	155M	178.3M	159.4M
Net Tangible Assets	5.0B	5.3B	5.5B	4.8B	5.6B	4.5B
Other Stockholder Equity	2.8M	2.1M	1.2M	(1.8M)	(1.7M)	(1.6M)
Deferred Long Term Liab	22.5M	22.8M	17.6M	14.5M	13.1M	17.2M
Total Current Assets	7.8B	7.7B	7.7B	7.6B	7.9B	7.6B
Non Current Assets Total	4.5B	4.1B	3.5B	3.9B	5.3B	3.9B
Non Currrent Assets Other	2.7M	488.5M	325.3M	988.8M	2.5B	2.7B
Non Current Liabilities Total	78.3M	207.1M	278.2M	116.7M	170.7M	153.0M
Short Long Term Debt	606.7M	804.0M	327.5M	505.1M	1.2B	624.4M
Non Current Liabilities Other	40M	234M	38.3M	25.6M	23.1M	21.9M
Common Stock Shares Outstanding	1.0B	1.0B	1.1B	1.0B	1.2B	1.1B
Net Invested Capital	6.4B	7.1B	6.7B	6.1B	7.6B	7.1B
Net Working Capital	1.9B	2.6B	3.2B	1.9B	1.6B	1.9B

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Other Information on Investing in Fujian Stock

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

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Fujian Inventory vs Total Current Liabilities Analysis

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Inventory

Total Current Liabilities

Fujian Newland fundamental ratios Correlations

Fujian Newland Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fujian Newland fundamental ratios Accounts

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Other Information on Investing in Fujian Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets

Long Term Debt	- 0.45	Intangible Assets
Non Current Assets Total	- 0.35	Inventory
Net Tangible Assets	- 0.35	Inventory
Total Current Assets	- 0.34	Inventory
Long Term Debt	- 0.34	Short Term Investments
Treasury Stock	- 0.33	Inventory