Iflytek Non Current Assets Total vs Total Current Assets Analysis

002230 Stock   47.82  0.66  1.36%   
Iflytek Co financial indicator trend analysis is infinitely more than just investigating Iflytek Co recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iflytek Co is a good investment. Please check the relationship between Iflytek Co Non Current Assets Total and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iflytek Co. 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iflytek Co Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Iflytek Co's Non Current Assets Total and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Iflytek Co, assuming nothing else is changed. The correlation between historical values of Iflytek Co's Non Current Assets Total 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 Non Current Assets Total of Iflytek Co 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 Non Current Assets Total i.e., Iflytek Co's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 Iflytek Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iflytek Co 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 Iflytek Co. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 1.1 B. The current year's Tax Provision is expected to grow to about (183.7 M)
 2021 2022 2023 2024 (projected)
Operating Income1.6B1.1B909.0M505.4M
Total Revenue18.3B18.8B19.7B20.6B

Iflytek Co fundamental ratios Correlations

0.60.990.990.990.990.980.740.990.990.960.930.990.980.950.990.780.790.860.730.870.850.930.930.480.86
0.60.670.670.580.660.560.880.560.520.690.310.540.670.690.55-0.010.770.530.750.710.740.650.53-0.280.13
0.990.670.980.990.990.980.770.980.970.980.90.990.970.940.970.720.80.870.770.890.880.940.930.410.81
0.990.670.980.970.990.960.810.970.970.950.880.960.980.960.970.70.820.850.740.860.860.920.90.390.79
0.990.580.990.970.990.990.70.990.990.960.940.990.970.930.980.780.760.860.740.890.860.930.940.470.87
0.990.660.990.990.990.990.780.990.980.980.90.980.980.940.980.720.790.880.740.880.860.940.930.40.81
0.980.560.980.960.990.990.70.990.980.970.940.990.950.890.960.780.710.890.690.850.810.950.950.460.87
0.740.880.770.810.70.780.70.70.660.780.50.670.770.790.670.180.750.730.740.770.780.790.7-0.130.31
0.990.560.980.970.990.990.990.70.990.960.950.990.950.910.980.80.730.880.710.860.820.930.940.50.88
0.990.520.970.970.990.980.980.660.990.930.960.990.950.910.990.830.740.870.70.850.820.910.940.540.9
0.960.690.980.950.960.980.970.780.960.930.860.960.940.890.930.670.770.870.730.840.840.940.910.350.77
0.930.310.90.880.940.90.940.50.950.960.860.960.870.810.930.910.60.820.550.740.70.840.890.690.96
0.990.540.990.960.990.980.990.670.990.990.960.960.960.920.980.830.760.850.710.850.840.920.940.550.9
0.980.670.970.980.970.980.950.770.950.950.940.870.960.980.970.70.840.80.780.90.890.890.890.410.79
0.950.690.940.960.930.940.890.790.910.910.890.810.920.980.940.650.870.730.780.890.90.830.840.380.72
0.990.550.970.970.980.980.960.670.980.990.930.930.980.970.940.810.790.820.710.850.840.890.910.540.88
0.78-0.010.720.70.780.720.780.180.80.830.670.910.830.70.650.810.450.60.370.530.520.620.730.880.98
0.790.770.80.820.760.790.710.750.730.740.770.60.760.840.870.790.450.580.770.780.90.710.690.240.5
0.860.530.870.850.860.880.890.730.880.870.870.820.850.80.730.820.60.580.70.830.770.980.960.260.72
0.730.750.770.740.740.740.690.740.710.70.730.550.710.780.780.710.370.770.70.890.940.790.790.170.46
0.870.710.890.860.890.880.850.770.860.850.840.740.850.90.890.850.530.780.830.890.950.90.90.20.64
0.850.740.880.860.860.860.810.780.820.820.840.70.840.890.90.840.520.90.770.940.950.860.870.260.6
0.930.650.940.920.930.940.950.790.930.910.940.840.920.890.830.890.620.710.980.790.90.860.980.270.74
0.930.530.930.90.940.930.950.70.940.940.910.890.940.890.840.910.730.690.960.790.90.870.980.420.82
0.48-0.280.410.390.470.40.46-0.130.50.540.350.690.550.410.380.540.880.240.260.170.20.260.270.420.8
0.860.130.810.790.870.810.870.310.880.90.770.960.90.790.720.880.980.50.720.460.640.60.740.820.8
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Iflytek Co Account Relationship Matchups

Iflytek Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.1B24.8B31.4B32.9B37.8B39.7B
Other Current Liab2.4B3.3B3.7B3.0B623.3M1.2B
Total Current Liabilities6.9B10.4B11.7B12.1B12.9B13.6B
Total Stockholder Equity11.4B12.7B16.8B16.4B17.0B17.9B
Other Liab1.1B1.4B1.7B1.9B2.2B2.3B
Retained Earnings3.0B4.0B5.1B5.4B5.4B5.6B
Accounts Payable3.1B5.2B6.4B7.5B7.9B8.3B
Cash3.8B5.4B5.9B4.3B3.6B2.2B
Other Assets1.6B2.0B2.8B3.0B3.4B3.6B
Net Receivables5.8B5.5B9.7B9.9B12.2B12.8B
Inventory826.4M2.4B2.4B2.7B2.5B2.6B
Other Current Assets260.5M309.0M543.3M447.4M923.8M970.0M
Total Liab8.4B11.9B14.1B16.0B20.1B21.1B
Intangible Assets2.8B3.0B3.2B3.5B3.8B4.0B
Common Stock2.2B2.2B2.3B2.3B2.7B2.8B
Property Plant Equipment2.1B2.1B3.3B3.7B4.3B4.5B
Long Term Debt397.6M82.5M392.0M1.7B4.6B4.8B
Good Will1.1B1.1B1.1B1.1B1.1B1.1B
Net Tangible Assets7.5B8.6B12.5B11.8B13.5B8.1B
Deferred Long Term Liab164.7M138.0M154.0M165.8M190.7M113.1M
Total Current Assets11.4B15.0B19.0B19.8B21.2B13.6B
Non Current Assets Total8.7B9.9B12.4B13.1B16.6B10.9B
Non Currrent Assets Other5.7M5.3M8.9M8.3M123.8M130.0M
Non Current Liabilities Total1.5B1.5B2.4B3.9B7.2B7.6B
Other Stockholder Equity509.0K321.3K1.2M1.1M1.3M1.3M
Short Long Term Debt733.2M642.6M525.4M364.0M242.7M395.1M
Non Current Liabilities Other616.3M703.0M789.8M971.8M1.0B711.5M
Common Stock Shares Outstanding2.2B2.2B2.3B2.3B2.3B2.4B
Net Invested Capital12.5B13.4B17.7B18.5B21.8B16.0B
Net Working Capital4.6B4.6B7.3B7.7B8.3B5.8B
Capital Stock2.2B2.2B2.3B2.3B2.3B2.5B

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Other Information on Investing in Iflytek Stock

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