China Short Term Investments vs Accounts Payable 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 Short Term Investments and its Accounts Payable 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.

Short Term Investments vs Accounts Payable

Short Term Investments vs Accounts Payable Correlation Analysis

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

The correlation between China Longyuan's Short Term Investments and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable 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 Short Term Investments 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 Short Term Investments of China Longyuan Power 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 Short Term Investments i.e., China Longyuan's Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Accounts Payable

An accounting item on the balance sheet that represents China Longyuan 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 China Longyuan Power 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 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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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.

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China Short Term Investments vs Accounts Payable Analysis

Short Term Investments vs Accounts Payable

Short Term Investments vs Accounts Payable Correlation Analysis

Correlation Coefficient

Short Term Investments

Accounts Payable

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