China Non Current Assets Total vs Total Current Assets Analysis

001289 Stock

17.23 0.53 2.98%

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 Non Current Assets Total and its Total Current Assets 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Longyuan's Non Current Assets Total and Total Current Assets is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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 Non Current Assets Total and Total Current Assets 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 China Longyuan Power are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., China Longyuan's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

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China Longyuan Account Relationship Matchups

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RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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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.

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China Non Current Assets Total vs Total Current Assets Analysis

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Current Assets

China Longyuan fundamental ratios Correlations

China Longyuan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in China Stock

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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