China Total Liab vs Total Current Assets 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 Liab 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.

Total Liab vs Total Current Assets

Total Liab 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 Total Liab 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 Total Liab and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Total Liab 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 Total Liab 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 Total Liab 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 Total Liab i.e., China Longyuan's Total Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 Expense3.1B3.5B3.4B3.6B
Interest Income33.5M182.8M231.5M138.9M

China Longyuan fundamental ratios Correlations

0.760.990.990.80.990.940.650.990.780.99-0.910.960.780.810.990.42-0.930.831.00.990.760.980.780.64-0.78
0.760.820.730.260.710.50.890.70.770.7-0.840.620.370.520.69-0.21-0.740.50.770.660.190.850.370.68-0.39
0.990.820.980.740.980.90.720.980.780.98-0.920.950.740.790.980.34-0.920.821.00.970.70.990.740.64-0.72
0.990.730.980.810.980.950.590.990.780.98-0.920.960.750.870.980.48-0.950.860.990.980.750.960.750.69-0.8
0.80.260.740.810.850.950.10.860.60.85-0.660.830.910.680.860.71-0.750.650.80.880.970.670.910.46-0.88
0.990.710.980.980.850.960.60.990.761.0-0.890.970.830.791.00.45-0.90.820.990.990.810.960.830.61-0.79
0.940.50.90.950.950.960.360.960.70.96-0.820.960.850.830.960.66-0.860.820.930.970.90.860.850.58-0.84
0.650.890.720.590.10.60.360.570.420.6-0.580.560.270.360.59-0.22-0.550.540.670.550.140.780.270.28-0.17
0.990.70.980.990.860.990.960.570.780.99-0.90.960.830.821.00.47-0.940.820.991.00.810.950.830.64-0.83
0.780.770.780.780.60.760.70.420.780.75-0.940.630.580.620.750.06-0.830.40.770.740.440.750.580.93-0.7
0.990.70.980.980.851.00.960.60.990.75-0.870.960.850.771.00.45-0.910.810.991.00.830.960.850.58-0.81
-0.91-0.84-0.92-0.92-0.66-0.89-0.82-0.58-0.9-0.94-0.87-0.82-0.6-0.81-0.88-0.240.91-0.67-0.9-0.87-0.53-0.9-0.6-0.890.71
0.960.620.950.960.830.970.960.560.960.630.96-0.820.740.860.960.6-0.820.920.960.970.810.930.740.53-0.69
0.780.370.740.750.910.830.850.270.830.580.85-0.60.740.420.850.4-0.750.490.790.850.930.681.00.32-0.87
0.810.520.790.870.680.790.830.360.820.620.77-0.810.860.420.780.69-0.760.910.790.80.560.780.420.7-0.61
0.990.690.980.980.861.00.960.591.00.751.0-0.880.960.850.780.46-0.910.810.991.00.830.950.850.59-0.81
0.42-0.210.340.480.710.450.66-0.220.470.060.45-0.240.60.40.690.46-0.330.690.390.510.690.290.40.13-0.48
-0.93-0.74-0.92-0.95-0.75-0.9-0.86-0.55-0.94-0.83-0.910.91-0.82-0.75-0.76-0.91-0.33-0.71-0.92-0.92-0.66-0.89-0.75-0.740.89
0.830.50.820.860.650.820.820.540.820.40.81-0.670.920.490.910.810.69-0.710.820.830.640.820.490.4-0.54
1.00.771.00.990.80.990.930.670.990.770.99-0.90.960.790.790.990.39-0.920.820.990.760.980.790.62-0.77
0.990.660.970.980.880.990.970.551.00.741.0-0.870.970.850.81.00.51-0.920.830.990.850.940.850.59-0.83
0.760.190.70.750.970.810.90.140.810.440.83-0.530.810.930.560.830.69-0.660.640.760.850.640.930.24-0.81
0.980.850.990.960.670.960.860.780.950.750.96-0.90.930.680.780.950.29-0.890.820.980.940.640.680.62-0.65
0.780.370.740.750.910.830.850.270.830.580.85-0.60.741.00.420.850.4-0.750.490.790.850.930.680.32-0.87
0.640.680.640.690.460.610.580.280.640.930.58-0.890.530.320.70.590.13-0.740.40.620.590.240.620.32-0.58
-0.78-0.39-0.72-0.8-0.88-0.79-0.84-0.17-0.83-0.7-0.810.71-0.69-0.87-0.61-0.81-0.480.89-0.54-0.77-0.83-0.81-0.65-0.87-0.58
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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.