China Total Assets vs Non Current Liabilities Total 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 Total Assets and its Non Current Liabilities Total 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.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.
The correlation between China Longyuan's Total Assets and Non Current Liabilities Total is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of China Longyuan Power are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., China Longyuan's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of China Longyuan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Longyuan Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Liabilities Total
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 |
China Longyuan fundamental ratios Correlations
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China Longyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.