China Good Will vs Short Term Investments Analysis

001289 Stock

16.98 0.13 0.76%

China Longyuan financial indicator trend analysis is way more than just evaluating China Longyuan Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Longyuan Power is a good investment. Please check the relationship between China Longyuan Good Will and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Longyuan Power. 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.

Good Will vs Short Term Investments

Good Will vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Good Will account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between China Longyuan's Good Will and Short Term Investments is 0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of China Longyuan Power, assuming nothing else is changed. The correlation between historical values of China Longyuan's Good Will and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of China Longyuan Power are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Good Will i.e., China Longyuan's Good Will and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Investments

Short Term Investments is an item under the current assets section of China Longyuan balance sheet. It contains any investments China Longyuan Power undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that China Longyuan Power can easily liquidate in the marketplace.

Most indicators from China Longyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Longyuan Power 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 China Longyuan Power. 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 1.5 B. The current year's Selling General Administrative is expected to grow to about 170.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	3.1B	3.5B	3.4B	3.6B
Interest Income	33.5M	182.8M	231.5M	138.9M

Interest Expense Interest Income

China Longyuan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		0.76	0.99	0.99	0.8	0.99	0.94	0.65	0.99	0.78	0.99	-0.91	0.96	0.78	0.81	0.99	0.42	-0.93	0.83	1.0	0.99	0.76	0.98	0.78	0.64	-0.78
Other Current Liab	0.76		0.82	0.73	0.26	0.71	0.5	0.89	0.7	0.77	0.7	-0.84	0.62	0.37	0.52	0.69	-0.21	-0.74	0.5	0.77	0.66	0.19	0.85	0.37	0.68	-0.39
Total Current Liabilities	0.99	0.82		0.98	0.74	0.98	0.9	0.72	0.98	0.78	0.98	-0.92	0.95	0.74	0.79	0.98	0.34	-0.92	0.82	1.0	0.97	0.7	0.99	0.74	0.64	-0.72
Total Stockholder Equity	0.99	0.73	0.98		0.81	0.98	0.95	0.59	0.99	0.78	0.98	-0.92	0.96	0.75	0.87	0.98	0.48	-0.95	0.86	0.99	0.98	0.75	0.96	0.75	0.69	-0.8
Net Debt	0.8	0.26	0.74	0.81		0.85	0.95	0.1	0.86	0.6	0.85	-0.66	0.83	0.91	0.68	0.86	0.71	-0.75	0.65	0.8	0.88	0.97	0.67	0.91	0.46	-0.88
Retained Earnings	0.99	0.71	0.98	0.98	0.85		0.96	0.6	0.99	0.76	1.0	-0.89	0.97	0.83	0.79	1.0	0.45	-0.9	0.82	0.99	0.99	0.81	0.96	0.83	0.61	-0.79
Accounts Payable	0.94	0.5	0.9	0.95	0.95	0.96		0.36	0.96	0.7	0.96	-0.82	0.96	0.85	0.83	0.96	0.66	-0.86	0.82	0.93	0.97	0.9	0.86	0.85	0.58	-0.84
Cash	0.65	0.89	0.72	0.59	0.1	0.6	0.36		0.57	0.42	0.6	-0.58	0.56	0.27	0.36	0.59	-0.22	-0.55	0.54	0.67	0.55	0.14	0.78	0.27	0.28	-0.17
Non Current Assets Total	0.99	0.7	0.98	0.99	0.86	0.99	0.96	0.57		0.78	0.99	-0.9	0.96	0.83	0.82	1.0	0.47	-0.94	0.82	0.99	1.0	0.81	0.95	0.83	0.64	-0.83
Non Currrent Assets Other	0.78	0.77	0.78	0.78	0.6	0.76	0.7	0.42	0.78		0.75	-0.94	0.63	0.58	0.62	0.75	0.06	-0.83	0.4	0.77	0.74	0.44	0.75	0.58	0.93	-0.7
Long Term Debt	0.99	0.7	0.98	0.98	0.85	1.0	0.96	0.6	0.99	0.75		-0.87	0.96	0.85	0.77	1.0	0.45	-0.91	0.81	0.99	1.0	0.83	0.96	0.85	0.58	-0.81
Net Receivables	-0.91	-0.84	-0.92	-0.92	-0.66	-0.89	-0.82	-0.58	-0.9	-0.94	-0.87		-0.82	-0.6	-0.81	-0.88	-0.24	0.91	-0.67	-0.9	-0.87	-0.53	-0.9	-0.6	-0.89	0.71
Good Will	0.96	0.62	0.95	0.96	0.83	0.97	0.96	0.56	0.96	0.63	0.96	-0.82		0.74	0.86	0.96	0.6	-0.82	0.92	0.96	0.97	0.81	0.93	0.74	0.53	-0.69
Common Stock Shares Outstanding	0.78	0.37	0.74	0.75	0.91	0.83	0.85	0.27	0.83	0.58	0.85	-0.6	0.74		0.42	0.85	0.4	-0.75	0.49	0.79	0.85	0.93	0.68	1.0	0.32	-0.87
Short Term Investments	0.81	0.52	0.79	0.87	0.68	0.79	0.83	0.36	0.82	0.62	0.77	-0.81	0.86	0.42		0.78	0.69	-0.76	0.91	0.79	0.8	0.56	0.78	0.42	0.7	-0.61
Non Current Liabilities Total	0.99	0.69	0.98	0.98	0.86	1.0	0.96	0.59	1.0	0.75	1.0	-0.88	0.96	0.85	0.78		0.46	-0.91	0.81	0.99	1.0	0.83	0.95	0.85	0.59	-0.81
Capital Lease Obligations	0.42	-0.21	0.34	0.48	0.71	0.45	0.66	-0.22	0.47	0.06	0.45	-0.24	0.6	0.4	0.69	0.46		-0.33	0.69	0.39	0.51	0.69	0.29	0.4	0.13	-0.48
Inventory	-0.93	-0.74	-0.92	-0.95	-0.75	-0.9	-0.86	-0.55	-0.94	-0.83	-0.91	0.91	-0.82	-0.75	-0.76	-0.91	-0.33		-0.71	-0.92	-0.92	-0.66	-0.89	-0.75	-0.74	0.89
Other Current Assets	0.83	0.5	0.82	0.86	0.65	0.82	0.82	0.54	0.82	0.4	0.81	-0.67	0.92	0.49	0.91	0.81	0.69	-0.71		0.82	0.83	0.64	0.82	0.49	0.4	-0.54
Total Liab	1.0	0.77	1.0	0.99	0.8	0.99	0.93	0.67	0.99	0.77	0.99	-0.9	0.96	0.79	0.79	0.99	0.39	-0.92	0.82		0.99	0.76	0.98	0.79	0.62	-0.77
Net Invested Capital	0.99	0.66	0.97	0.98	0.88	0.99	0.97	0.55	1.0	0.74	1.0	-0.87	0.97	0.85	0.8	1.0	0.51	-0.92	0.83	0.99		0.85	0.94	0.85	0.59	-0.83
Short Long Term Debt	0.76	0.19	0.7	0.75	0.97	0.81	0.9	0.14	0.81	0.44	0.83	-0.53	0.81	0.93	0.56	0.83	0.69	-0.66	0.64	0.76	0.85		0.64	0.93	0.24	-0.81
Total Current Assets	0.98	0.85	0.99	0.96	0.67	0.96	0.86	0.78	0.95	0.75	0.96	-0.9	0.93	0.68	0.78	0.95	0.29	-0.89	0.82	0.98	0.94	0.64		0.68	0.62	-0.65
Capital Stock	0.78	0.37	0.74	0.75	0.91	0.83	0.85	0.27	0.83	0.58	0.85	-0.6	0.74	1.0	0.42	0.85	0.4	-0.75	0.49	0.79	0.85	0.93	0.68		0.32	-0.87
Non Current Liabilities Other	0.64	0.68	0.64	0.69	0.46	0.61	0.58	0.28	0.64	0.93	0.58	-0.89	0.53	0.32	0.7	0.59	0.13	-0.74	0.4	0.62	0.59	0.24	0.62	0.32		-0.58
Net Working Capital	-0.78	-0.39	-0.72	-0.8	-0.88	-0.79	-0.84	-0.17	-0.83	-0.7	-0.81	0.71	-0.69	-0.87	-0.61	-0.81	-0.48	0.89	-0.54	-0.77	-0.83	-0.81	-0.65	-0.87	-0.58

Click cells to compare fundamentals

China Longyuan Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in China Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Good Will vs Short Term Investments Analysis

Good Will vs Short Term Investments

Good Will vs Short Term Investments Correlation Analysis

Correlation Coefficient

Good Will

Short Term Investments

China Longyuan fundamental ratios Correlations

China Longyuan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Long Term Debt	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 1.0	Non Current Assets Total

Inventory	- 0.95	Total Stockholder Equity
Net Receivables	- 0.94	Non Currrent Assets Other
Inventory	- 0.94	Non Current Assets Total
Inventory	- 0.93	Total Assets
Net Invested Capital	- 0.92	Inventory
Total Liab	- 0.92	Inventory