Gotion Long Term Debt vs Common Stock Analysis

002074 Stock

22.70 1.05 4.42%

Gotion High financial indicator trend analysis is much more than just examining Gotion High tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gotion High tech is a good investment. Please check the relationship between Gotion High Long Term Debt and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gotion High tech. 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.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gotion High tech Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Gotion High's Long Term Debt and Common Stock is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gotion High tech, assuming nothing else is changed. The correlation between historical values of Gotion High's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Gotion High tech are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Gotion High's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Gotion High tech has held for over one year. Long-term debt appears on Gotion High tech 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 Gotion High tech 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.

Common Stock

Most indicators from Gotion High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gotion High tech 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 Gotion High tech. 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 Selling General Administrative is expected to grow to about 1.4 B, whereas Tax Provision is projected to grow to (19.9 M).

	2021	2022	2023	2024 (projected)
Operating Income	866.7M	1.3B	1.9B	2.0B
Total Revenue	10.4B	23.1B	31.6B	33.2B

Operating Income Total Revenue

Gotion High fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock
Total Assets		0.74	1.0	0.98	0.85	1.0	0.97	0.95	0.92	0.99	1.0	1.0	0.9	0.94	0.43	0.96	0.98	0.94	0.97	0.96	0.94	0.96	0.66	0.99	1.0	0.13
Other Current Liab	0.74		0.72	0.76	0.85	0.72	0.72	0.83	0.63	0.73	0.72	0.73	0.86	0.8	0.68	0.74	0.7	0.6	0.61	0.76	0.68	0.69	0.68	0.69	0.71	0.25
Total Current Liabilities	1.0	0.72		0.96	0.83	0.99	0.96	0.94	0.91	0.99	1.0	0.99	0.87	0.93	0.39	0.95	0.99	0.96	0.97	0.95	0.93	0.95	0.63	1.0	0.99	0.09
Total Stockholder Equity	0.98	0.76	0.96		0.91	0.99	0.99	0.96	0.96	0.94	0.95	0.98	0.95	0.98	0.53	0.99	0.92	0.86	0.93	0.99	0.95	0.97	0.76	0.94	0.98	0.31
Retained Earnings	0.85	0.85	0.83	0.91		0.87	0.85	0.96	0.88	0.8	0.82	0.83	0.98	0.94	0.79	0.89	0.77	0.69	0.76	0.89	0.76	0.82	0.91	0.8	0.85	0.52
Accounts Payable	1.0	0.72	0.99	0.99	0.87		0.97	0.96	0.95	0.97	0.99	0.99	0.91	0.96	0.45	0.97	0.96	0.92	0.96	0.97	0.94	0.97	0.71	0.98	1.0	0.2
Cash	0.97	0.72	0.96	0.99	0.85	0.97		0.92	0.93	0.93	0.95	0.97	0.91	0.94	0.47	0.98	0.92	0.87	0.94	0.98	0.96	0.97	0.68	0.94	0.98	0.23
Net Receivables	0.95	0.83	0.94	0.96	0.96	0.96	0.92		0.92	0.92	0.93	0.94	0.96	0.97	0.61	0.96	0.91	0.83	0.86	0.96	0.87	0.92	0.82	0.92	0.94	0.33
Inventory	0.92	0.63	0.91	0.96	0.88	0.95	0.93	0.92		0.85	0.89	0.92	0.9	0.96	0.5	0.94	0.85	0.79	0.89	0.94	0.88	0.93	0.8	0.88	0.94	0.44
Other Current Assets	0.99	0.73	0.99	0.94	0.8	0.97	0.93	0.92	0.85		0.99	0.98	0.85	0.9	0.36	0.92	0.99	0.96	0.96	0.93	0.92	0.93	0.59	0.99	0.97	0.02
Total Liab	1.0	0.72	1.0	0.95	0.82	0.99	0.95	0.93	0.89	0.99		0.99	0.87	0.92	0.38	0.94	0.99	0.96	0.97	0.94	0.92	0.94	0.62	1.0	0.99	0.06
Intangible Assets	1.0	0.73	0.99	0.98	0.83	0.99	0.97	0.94	0.92	0.98	0.99		0.89	0.95	0.39	0.96	0.98	0.93	0.96	0.97	0.96	0.97	0.64	0.99	0.99	0.12
Common Stock	0.9	0.86	0.87	0.95	0.98	0.91	0.91	0.96	0.9	0.85	0.87	0.89		0.96	0.73	0.94	0.81	0.75	0.83	0.93	0.84	0.88	0.85	0.84	0.89	0.44
Property Plant Equipment	0.94	0.8	0.93	0.98	0.94	0.96	0.94	0.97	0.96	0.9	0.92	0.95	0.96		0.56	0.97	0.88	0.78	0.86	0.98	0.92	0.96	0.82	0.9	0.95	0.39
Other Liab	0.43	0.68	0.39	0.53	0.79	0.45	0.47	0.61	0.5	0.36	0.38	0.39	0.73	0.56		0.5	0.3	0.28	0.37	0.49	0.3	0.36	0.83	0.33	0.41	0.67
Other Assets	0.96	0.74	0.95	0.99	0.89	0.97	0.98	0.96	0.94	0.92	0.94	0.96	0.94	0.97	0.5		0.91	0.83	0.9	0.99	0.95	0.98	0.74	0.93	0.97	0.29
Long Term Debt	0.98	0.7	0.99	0.92	0.77	0.96	0.92	0.91	0.85	0.99	0.99	0.98	0.81	0.88	0.3	0.91		0.97	0.96	0.91	0.91	0.92	0.55	1.0	0.97	-0.03
Short Term Investments	0.94	0.6	0.96	0.86	0.69	0.92	0.87	0.83	0.79	0.96	0.96	0.93	0.75	0.78	0.28	0.83	0.97		0.97	0.82	0.83	0.83	0.45	0.96	0.92	-0.11
Good Will	0.97	0.61	0.97	0.93	0.76	0.96	0.94	0.86	0.89	0.96	0.97	0.96	0.83	0.86	0.37	0.9	0.96	0.97		0.89	0.9	0.9	0.56	0.96	0.96	0.05
Net Tangible Assets	0.96	0.76	0.95	0.99	0.89	0.97	0.98	0.96	0.94	0.93	0.94	0.97	0.93	0.98	0.49	0.99	0.91	0.82	0.89		0.96	0.98	0.76	0.93	0.98	0.32
Other Stockholder Equity	0.94	0.68	0.93	0.95	0.76	0.94	0.96	0.87	0.88	0.92	0.92	0.96	0.84	0.92	0.3	0.95	0.91	0.83	0.9	0.96		0.98	0.58	0.92	0.96	0.12
Deferred Long Term Liab	0.96	0.69	0.95	0.97	0.82	0.97	0.97	0.92	0.93	0.93	0.94	0.97	0.88	0.96	0.36	0.98	0.92	0.83	0.9	0.98	0.98		0.67	0.94	0.97	0.21
Long Term Investments	0.66	0.68	0.63	0.76	0.91	0.71	0.68	0.82	0.8	0.59	0.62	0.64	0.85	0.82	0.83	0.74	0.55	0.45	0.56	0.76	0.58	0.67		0.59	0.68	0.77
Short Long Term Debt	0.99	0.69	1.0	0.94	0.8	0.98	0.94	0.92	0.88	0.99	1.0	0.99	0.84	0.9	0.33	0.93	1.0	0.96	0.96	0.93	0.92	0.94	0.59		0.98	0.02
Total Current Assets	1.0	0.71	0.99	0.98	0.85	1.0	0.98	0.94	0.94	0.97	0.99	0.99	0.89	0.95	0.41	0.97	0.97	0.92	0.96	0.98	0.96	0.97	0.68	0.98		0.18
Treasury Stock	0.13	0.25	0.09	0.31	0.52	0.2	0.23	0.33	0.44	0.02	0.06	0.12	0.44	0.39	0.67	0.29	-0.03	-0.11	0.05	0.32	0.12	0.21	0.77	0.02	0.18

Click cells to compare fundamentals

Gotion High Account Relationship Matchups

High Positive Relationship

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities

High Negative Relationship

Treasury Stock	- 0.11	Short Term Investments
Treasury Stock	- 0.03	Long Term Debt

Gotion High fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.2B	27.8B	43.6B	72.6B	93.6B	98.3B
Other Current Liab	654.4M	1.3B	1.1B	366.9M	1.5B	1.6B
Total Current Liabilities	11.4B	11.9B	18.3B	34.4B	45.4B	47.6B
Total Stockholder Equity	8.9B	10.9B	18.8B	23.5B	25.1B	26.3B
Retained Earnings	3.2B	3.3B	3.6B	3.5B	4.5B	4.7B
Accounts Payable	6.5B	7.0B	10.2B	17.3B	19.5B	20.5B
Cash	3.6B	3.3B	11.4B	14.1B	14.5B	15.2B
Net Receivables	6.9B	6.6B	8.3B	8.6B	12.9B	13.6B
Inventory	4.0B	3.2B	4.5B	7.6B	5.7B	6.0B
Other Current Assets	299.1M	876.0M	1.1B	2.0B	3.2B	3.3B
Total Liab	16.1B	16.8B	24.2B	48.1B	67.3B	70.7B
Intangible Assets	938.3M	1.4B	2.3B	3.5B	4.4B	4.6B
Property Plant Equipment	5.2B	6.8B	8.3B	11.4B	13.1B	13.8B
Other Liab	1.4B	1.0B	1.3B	1.1B	1.2B	805.9M
Other Assets	1.2B	1.3B	969.9M	2.8B	3.3B	3.4B
Long Term Debt	3.2B	3.6B	4.9B	11.1B	18.5B	19.4B
Net Tangible Assets	7.9B	8.0B	9.6B	16.7B	19.2B	20.2B
Other Stockholder Equity	6.7M	12.0M	188.3M	495.9M	570.3M	598.8M
Deferred Long Term Liab	94.4M	125.7M	161.9M	409.6M	471.1M	494.6M
Short Long Term Debt	3.9B	3.3B	5.5B	10.8B	16.2B	17.0B
Total Current Assets	14.8B	15.6B	25.3B	37.5B	42.4B	44.6B
Non Current Assets Total	10.4B	12.2B	18.3B	35.1B	51.2B	53.7B
Non Currrent Assets Other	663.6M	270.4M	1.8B	4.1B	2.0B	1.4B
Non Current Liabilities Total	4.7B	4.9B	6.0B	13.8B	21.9B	23.0B
Non Current Liabilities Other	308.3M	281.6M	275.9M	385.6M	497.7M	311.8M
Net Invested Capital	16.0B	17.7B	29.1B	45.4B	59.8B	30.0B
Net Working Capital	3.4B	3.7B	7.0B	3.1B	(2.9B)	(2.8B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Gotion Stock

Balance Sheet is a snapshot of the financial position of Gotion High tech at a specified time, usually calculated after every quarter, six months, or one year. Gotion High Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gotion High 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 Gotion currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC