China Total Stockholder Equity vs Long Term Debt Analysis

001979 Stock   11.78  0.02  0.17%   
China Merchants financial indicator trend analysis is way more than just evaluating China Merchants Shekou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Merchants Shekou is a good investment. Please check the relationship between China Merchants Total Stockholder Equity and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Merchants Shekou. 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 Stockholder Equity vs Long Term Debt

Total Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Merchants Shekou Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China Merchants' Total Stockholder Equity and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of China Merchants Shekou, assuming nothing else is changed. The correlation between historical values of China Merchants' Total Stockholder Equity and Long Term Debt 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 Stockholder Equity of China Merchants Shekou are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., China Merchants' Total Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that China Merchants Shekou has held for over one year. Long-term debt appears on China Merchants Shekou balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Merchants Shekou balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from China Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Merchants Shekou 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 Merchants Shekou. 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 7 B, whereas Selling General Administrative is forecasted to decline to about 3.3 B.
 2021 2022 2023 2024 (projected)
Operating Income25.3B21.3B15.0B20.2B
Total Revenue160.6B183.0B175.0B117.6B

China Merchants fundamental ratios Correlations

0.97-0.630.980.980.960.930.970.661.01.00.670.660.621.00.98-0.010.850.970.990.860.01.00.940.860.98
0.97-0.770.980.930.980.90.940.610.970.970.590.760.560.960.990.130.860.950.960.920.140.970.950.810.92
-0.63-0.77-0.7-0.53-0.77-0.55-0.62-0.33-0.62-0.63-0.21-0.71-0.4-0.61-0.68-0.33-0.59-0.59-0.59-0.73-0.3-0.61-0.66-0.45-0.51
0.980.98-0.70.920.980.90.930.580.980.970.570.660.660.980.990.170.810.970.950.930.190.980.970.790.92
0.980.93-0.530.920.90.920.980.720.970.980.760.670.520.980.95-0.160.850.930.990.8-0.150.980.890.90.99
0.960.98-0.770.980.90.890.920.590.960.960.540.710.610.960.970.190.830.940.930.890.180.950.930.780.9
0.930.9-0.550.90.920.890.910.820.930.920.830.760.390.930.92-0.140.810.90.930.84-0.120.940.830.950.95
0.970.94-0.620.930.980.920.910.740.960.980.730.710.510.960.94-0.120.820.90.980.84-0.110.970.90.890.97
0.660.61-0.330.580.720.590.820.740.640.670.910.73-0.050.650.61-0.450.560.530.690.59-0.460.660.510.910.75
1.00.97-0.620.980.970.960.930.960.641.00.660.650.641.00.980.010.840.980.990.860.031.00.940.850.98
1.00.97-0.630.970.980.960.920.980.671.00.680.670.611.00.98-0.020.840.960.990.86-0.011.00.940.870.98
0.670.59-0.210.570.760.540.830.730.910.660.680.69-0.020.680.62-0.610.590.590.710.55-0.580.690.490.940.77
0.660.76-0.710.660.670.710.760.710.730.650.670.69-0.080.650.72-0.070.740.60.690.73-0.090.660.620.760.66
0.620.56-0.40.660.520.610.390.51-0.050.640.61-0.02-0.080.620.580.320.360.660.550.460.340.610.620.240.53
1.00.96-0.610.980.980.960.930.960.651.01.00.680.650.620.98-0.010.840.970.980.870.011.00.930.870.98
0.980.99-0.680.990.950.970.920.940.610.980.980.620.720.580.980.120.860.980.970.920.140.980.970.820.94
-0.010.13-0.330.17-0.160.19-0.14-0.12-0.450.01-0.02-0.61-0.070.32-0.010.120.030.11-0.060.260.96-0.010.26-0.37-0.17
0.850.86-0.590.810.850.830.810.820.560.840.840.590.740.360.840.860.030.820.880.7-0.060.840.760.750.82
0.970.95-0.590.970.930.940.90.90.530.980.960.590.60.660.970.980.110.820.960.850.150.970.940.780.94
0.990.96-0.590.950.990.930.930.980.690.990.990.710.690.550.980.97-0.060.880.960.83-0.060.990.920.870.99
0.860.92-0.730.930.80.890.840.840.590.860.860.550.730.460.870.920.260.70.850.830.290.870.930.750.79
0.00.14-0.30.19-0.150.18-0.12-0.11-0.460.03-0.01-0.58-0.090.340.010.140.96-0.060.15-0.060.290.010.3-0.37-0.15
1.00.97-0.610.980.980.950.940.970.661.01.00.690.660.611.00.98-0.010.840.970.990.870.010.940.870.98
0.940.95-0.660.970.890.930.830.90.510.940.940.490.620.620.930.970.260.760.940.920.930.30.940.710.88
0.860.81-0.450.790.90.780.950.890.910.850.870.940.760.240.870.82-0.370.750.780.870.75-0.370.870.710.91
0.980.92-0.510.920.990.90.950.970.750.980.980.770.660.530.980.94-0.170.820.940.990.79-0.150.980.880.91
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China Merchants Account Relationship Matchups

China Merchants fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets617.7B737.2B856.2B886.5B908.5B593.1B
Total Stockholder Equity94.8B101.4B108.7B101.7B119.7B88.6B
Other Liab8.0B9.2B11.7B11.5B10.4B11.1B
Retained Earnings57.4B62.1B66.1B65.0B64.1B51.5B
Accounts Payable31.5B40.2B51.7B52.6B60.7B36.0B
Cash75.3B89.3B79.5B86.2B88.3B70.8B
Other Assets106.2B113.4B126.0B137.9B158.6B166.5B
Long Term Debt87.2B100.4B133.9B160.8B170.1B101.5B
Inventory311.9B360.8B417.6B411.5B416.7B290.6B
Total Liab390.3B483.8B579.4B602.0B611.8B403.3B
Intangible Assets612.3M603.9M1.4B1.5B2.0B2.1B
Other Current Liab197.8B241.6B275.8B271.0B37.4B35.5B
Total Current Liabilities295.0B373.9B428.1B423.9B426.0B314.6B
Net Tangible Assets94.1B100.2B106.9B98.3B113.1B88.9B
Net Receivables70.7B85.9B3.3B3.9B3.5B3.3B
Other Current Assets7.4B24.8B19.4B11.9B27.4B14.0B
Other Stockholder Equity19.9B21.1B24.5B18.7B21.5B13.5B
Deferred Long Term Liab842.5M1.0B1.2B1.2B1.4B828.9M
Short Long Term Debt22.2B17.7B3.6B1.5B1.4B1.3B
Total Current Assets477.6B575.5B653.1B655.2B664.0B497.9B
Property Plant Equipment5.7B7.8B11.9B13.8B15.8B16.6B
Non Current Assets Total140.4B161.6B203.1B231.3B244.5B156.2B
Non Currrent Assets Other199.7M5.6B640.4M486.2M485.6M461.4M
Non Current Liabilities Total95.3B110.0B151.4B178.1B185.8B127.7B
Non Current Liabilities Other476.8M1.1B9.0B4.9B3.1B2.6B
Net Debt34.0B28.8B58.0B76.1B83.2B54.7B
Net Invested Capital204.1B219.4B246.2B264.0B291.2B243.6B
Net Working Capital182.2B201.7B225.0B231.3B237.9B207.6B

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Merchants Shekou at a specified time, usually calculated after every quarter, six months, or one year. China Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Merchants 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.