Gotion Long Term Debt vs Total Stockholder Equity Analysis

002074 Stock   23.14  0.08  0.34%   
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 Total Stockholder Equity 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 Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gotion High's Long Term Debt and Total Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Gotion High's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.
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 Income866.7M1.3B1.9B2.0B
Total Revenue10.4B23.1B31.6B33.2B

Gotion High fundamental ratios Correlations

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0.740.720.760.850.720.720.830.630.730.720.730.860.80.680.740.70.60.610.760.680.690.680.690.710.25
1.00.720.960.830.990.960.940.910.991.00.990.870.930.390.950.990.960.970.950.930.950.631.00.990.09
0.980.760.960.910.990.990.960.960.940.950.980.950.980.530.990.920.860.930.990.950.970.760.940.980.31
0.850.850.830.910.870.850.960.880.80.820.830.980.940.790.890.770.690.760.890.760.820.910.80.850.52
1.00.720.990.990.870.970.960.950.970.990.990.910.960.450.970.960.920.960.970.940.970.710.981.00.2
0.970.720.960.990.850.970.920.930.930.950.970.910.940.470.980.920.870.940.980.960.970.680.940.980.23
0.950.830.940.960.960.960.920.920.920.930.940.960.970.610.960.910.830.860.960.870.920.820.920.940.33
0.920.630.910.960.880.950.930.920.850.890.920.90.960.50.940.850.790.890.940.880.930.80.880.940.44
0.990.730.990.940.80.970.930.920.850.990.980.850.90.360.920.990.960.960.930.920.930.590.990.970.02
1.00.721.00.950.820.990.950.930.890.990.990.870.920.380.940.990.960.970.940.920.940.621.00.990.06
1.00.730.990.980.830.990.970.940.920.980.990.890.950.390.960.980.930.960.970.960.970.640.990.990.12
0.90.860.870.950.980.910.910.960.90.850.870.890.960.730.940.810.750.830.930.840.880.850.840.890.44
0.940.80.930.980.940.960.940.970.960.90.920.950.960.560.970.880.780.860.980.920.960.820.90.950.39
0.430.680.390.530.790.450.470.610.50.360.380.390.730.560.50.30.280.370.490.30.360.830.330.410.67
0.960.740.950.990.890.970.980.960.940.920.940.960.940.970.50.910.830.90.990.950.980.740.930.970.29
0.980.70.990.920.770.960.920.910.850.990.990.980.810.880.30.910.970.960.910.910.920.551.00.97-0.03
0.940.60.960.860.690.920.870.830.790.960.960.930.750.780.280.830.970.970.820.830.830.450.960.92-0.11
0.970.610.970.930.760.960.940.860.890.960.970.960.830.860.370.90.960.970.890.90.90.560.960.960.05
0.960.760.950.990.890.970.980.960.940.930.940.970.930.980.490.990.910.820.890.960.980.760.930.980.32
0.940.680.930.950.760.940.960.870.880.920.920.960.840.920.30.950.910.830.90.960.980.580.920.960.12
0.960.690.950.970.820.970.970.920.930.930.940.970.880.960.360.980.920.830.90.980.980.670.940.970.21
0.660.680.630.760.910.710.680.820.80.590.620.640.850.820.830.740.550.450.560.760.580.670.590.680.77
0.990.691.00.940.80.980.940.920.880.991.00.990.840.90.330.931.00.960.960.930.920.940.590.980.02
1.00.710.990.980.851.00.980.940.940.970.990.990.890.950.410.970.970.920.960.980.960.970.680.980.18
0.130.250.090.310.520.20.230.330.440.020.060.120.440.390.670.29-0.03-0.110.050.320.120.210.770.020.18
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Gotion High Account Relationship Matchups

Gotion High fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.2B27.8B43.6B72.6B93.6B98.3B
Other Current Liab654.4M1.3B1.1B366.9M1.5B1.6B
Total Current Liabilities11.4B11.9B18.3B34.4B45.4B47.6B
Total Stockholder Equity8.9B10.9B18.8B23.5B25.1B26.3B
Retained Earnings3.2B3.3B3.6B3.5B4.5B4.7B
Accounts Payable6.5B7.0B10.2B17.3B19.5B20.5B
Cash3.6B3.3B11.4B14.1B14.5B15.2B
Net Receivables6.9B6.6B8.3B8.6B12.9B13.6B
Inventory4.0B3.2B4.5B7.6B5.7B6.0B
Other Current Assets299.1M876.0M1.1B2.0B3.2B3.3B
Total Liab16.1B16.8B24.2B48.1B67.3B70.7B
Intangible Assets938.3M1.4B2.3B3.5B4.4B4.6B
Property Plant Equipment5.2B6.8B8.3B11.4B13.1B13.8B
Other Liab1.4B1.0B1.3B1.1B1.2B805.9M
Other Assets1.2B1.3B969.9M2.8B3.3B3.4B
Long Term Debt3.2B3.6B4.9B11.1B18.5B19.4B
Net Tangible Assets7.9B8.0B9.6B16.7B19.2B20.2B
Other Stockholder Equity6.7M12.0M188.3M495.9M570.3M598.8M
Deferred Long Term Liab94.4M125.7M161.9M409.6M471.1M494.6M
Short Long Term Debt3.9B3.3B5.5B10.8B16.2B17.0B
Total Current Assets14.8B15.6B25.3B37.5B42.4B44.6B
Non Current Assets Total10.4B12.2B18.3B35.1B51.2B53.7B
Non Currrent Assets Other663.6M270.4M1.8B4.1B2.0B1.4B
Non Current Liabilities Total4.7B4.9B6.0B13.8B21.9B23.0B
Non Current Liabilities Other308.3M281.6M275.9M385.6M497.7M311.8M
Net Invested Capital16.0B17.7B29.1B45.4B59.8B30.0B
Net Working Capital3.4B3.7B7.0B3.1B(2.9B)(2.8B)

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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.