Guangdong Total Stockholder Equity vs Cash Analysis

002295 Stock

6.98 0.11 1.55%

Guangdong Jingyi financial indicator trend analysis is much more than just examining Guangdong Jingyi Metal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Jingyi Metal is a good investment. Please check the relationship between Guangdong Jingyi Total Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Jingyi Metal. 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 Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Jingyi Metal Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Guangdong Jingyi's Total Stockholder Equity and Cash is 0.68. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Guangdong Jingyi Metal, assuming nothing else is changed. The correlation between historical values of Guangdong Jingyi's Total Stockholder Equity and Cash 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 Guangdong Jingyi Metal are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Guangdong Jingyi's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Guangdong Jingyi Metal, which is listed under current asset account on Guangdong Jingyi Metal balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guangdong Jingyi customers. The amounts must be unrestricted with restricted cash listed in a different Guangdong Jingyi account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Guangdong Jingyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Jingyi Metal 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 Guangdong Jingyi Metal. 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 9.2 M, whereas Selling General Administrative is forecasted to decline to about 11.9 M.

	2021	2022	2023	2024 (projected)
Operating Income	112.4M	67.5M	58.1M	90.1M
Total Revenue	6.7B	4.8B	2.7B	4.0B

Operating Income Total Revenue

Guangdong Jingyi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Long Term Investments
Total Assets		0.0	0.93	0.89	0.7	0.88	0.79	0.86	0.66	0.88	0.46	0.2	0.94	0.34	0.74	-0.07	-0.05	0.7	-0.56	-0.7	0.91	0.84	0.61	0.1	0.67	-0.12
Other Current Liab	0.0		0.13	-0.09	-0.58	-0.32	-0.08	-0.04	-0.48	0.17	0.05	-0.53	0.08	0.31	-0.06	-0.01	0.39	-0.51	0.51	0.38	-0.02	-0.04	-0.55	-0.11	-0.54	0.65
Total Current Liabilities	0.93	0.13		0.65	0.59	0.73	0.8	0.83	0.43	0.87	0.3	0.04	1.0	0.16	0.48	0.01	-0.14	0.52	-0.45	-0.54	0.88	0.72	0.46	0.02	0.54	-0.01
Total Stockholder Equity	0.89	-0.09	0.65		0.64	0.84	0.59	0.68	0.76	0.74	0.58	0.34	0.68	0.53	0.95	-0.13	0.12	0.72	-0.5	-0.72	0.75	0.81	0.6	0.17	0.63	-0.21
Other Liab	0.7	-0.58	0.59	0.64		0.86	0.72	0.76	0.88	0.44	0.26	0.55	0.64	0.08	0.45	-0.31	-0.37	0.92	-0.89	-0.86	0.79	0.7	0.85	0.15	0.92	-0.62
Retained Earnings	0.88	-0.32	0.73	0.84	0.86		0.8	0.81	0.78	0.63	0.34	0.35	0.78	0.18	0.68	-0.12	-0.26	0.9	-0.77	-0.81	0.83	0.78	0.79	0.3	0.9	-0.25
Accounts Payable	0.79	-0.08	0.8	0.59	0.72	0.8		0.95	0.52	0.49	0.23	0.05	0.82	0.08	0.37	-0.19	-0.3	0.65	-0.68	-0.67	0.84	0.63	0.51	0.3	0.73	-0.06
Cash	0.86	-0.04	0.83	0.68	0.76	0.81	0.95		0.62	0.59	0.26	0.06	0.86	0.31	0.47	-0.34	-0.22	0.7	-0.64	-0.71	0.91	0.74	0.57	0.22	0.71	-0.13
Other Assets	0.66	-0.48	0.43	0.76	0.88	0.78	0.52	0.62		0.45	0.46	0.58	0.48	0.4	0.66	-0.45	-0.01	0.86	-0.79	-0.85	0.71	0.75	0.84	0.15	0.82	-0.62
Net Receivables	0.88	0.17	0.87	0.74	0.44	0.63	0.49	0.59	0.45		0.35	0.11	0.86	0.33	0.64	-0.01	0.17	0.44	-0.24	-0.5	0.78	0.79	0.4	-0.15	0.39	-0.01
Inventory	0.46	0.05	0.3	0.58	0.26	0.34	0.23	0.26	0.46	0.35		0.22	0.31	0.44	0.66	0.12	0.1	0.19	-0.41	-0.32	0.27	0.16	0.14	-0.16	0.32	-0.12
Other Current Assets	0.2	-0.53	0.04	0.34	0.55	0.35	0.05	0.06	0.58	0.11	0.22		0.07	0.0	0.37	-0.02	-0.14	0.59	-0.46	-0.45	0.25	0.31	0.56	-0.19	0.36	-0.84
Total Liab	0.94	0.08	1.0	0.68	0.64	0.78	0.82	0.86	0.48	0.86	0.31	0.07		0.16	0.5	-0.01	-0.16	0.57	-0.51	-0.58	0.9	0.74	0.51	0.04	0.6	-0.03
Intangible Assets	0.34	0.31	0.16	0.53	0.08	0.18	0.08	0.31	0.4	0.33	0.44	0.0	0.16		0.61	-0.46	0.38	0.18	0.04	-0.23	0.3	0.42	0.1	-0.04	0.02	-0.02
Common Stock	0.74	-0.06	0.48	0.95	0.45	0.68	0.37	0.47	0.66	0.64	0.66	0.37	0.5	0.61		0.0	0.22	0.58	-0.34	-0.56	0.53	0.64	0.47	0.06	0.44	-0.21
Property Plant Equipment	-0.07	-0.01	0.01	-0.13	-0.31	-0.12	-0.19	-0.34	-0.45	-0.01	0.12	-0.02	-0.01	-0.46	0.0		-0.3	-0.33	0.26	0.49	-0.36	-0.46	-0.19	0.02	-0.25	0.22
Short Term Investments	-0.05	0.39	-0.14	0.12	-0.37	-0.26	-0.3	-0.22	-0.01	0.17	0.1	-0.14	-0.16	0.38	0.22	-0.3		-0.23	0.34	-0.02	-0.08	0.18	-0.28	-0.11	-0.34	0.2
Net Tangible Assets	0.7	-0.51	0.52	0.72	0.92	0.9	0.65	0.7	0.86	0.44	0.19	0.59	0.57	0.18	0.58	-0.33	-0.23		-0.8	-0.85	0.74	0.76	0.88	0.18	0.88	-0.54
Other Stockholder Equity	-0.56	0.51	-0.45	-0.5	-0.89	-0.77	-0.68	-0.64	-0.79	-0.24	-0.41	-0.46	-0.51	0.04	-0.34	0.26	0.34	-0.8		0.82	-0.63	-0.49	-0.7	-0.22	-0.91	0.52
Deferred Long Term Liab	-0.7	0.38	-0.54	-0.72	-0.86	-0.81	-0.67	-0.71	-0.85	-0.5	-0.32	-0.45	-0.58	-0.23	-0.56	0.49	-0.02	-0.85	0.82		-0.79	-0.82	-0.62	-0.19	-0.8	0.5
Total Current Assets	0.91	-0.02	0.88	0.75	0.79	0.83	0.84	0.91	0.71	0.78	0.27	0.25	0.9	0.3	0.53	-0.36	-0.08	0.74	-0.63	-0.79		0.91	0.64	0.08	0.7	-0.25
Treasury Stock	0.84	-0.04	0.72	0.81	0.7	0.78	0.63	0.74	0.75	0.79	0.16	0.31	0.74	0.42	0.64	-0.46	0.18	0.76	-0.49	-0.82	0.91		0.64	0.13	0.61	-0.28
Non Current Assets Total	0.61	-0.55	0.46	0.6	0.85	0.79	0.51	0.57	0.84	0.4	0.14	0.56	0.51	0.1	0.47	-0.19	-0.28	0.88	-0.7	-0.62	0.64	0.64		0.23	0.82	-0.54
Non Currrent Assets Other	0.1	-0.11	0.02	0.17	0.15	0.3	0.3	0.22	0.15	-0.15	-0.16	-0.19	0.04	-0.04	0.06	0.02	-0.11	0.18	-0.22	-0.19	0.08	0.13	0.23		0.22	0.07
Non Current Liabilities Total	0.67	-0.54	0.54	0.63	0.92	0.9	0.73	0.71	0.82	0.39	0.32	0.36	0.6	0.02	0.44	-0.25	-0.34	0.88	-0.91	-0.8	0.7	0.61	0.82	0.22		-0.35
Long Term Investments	-0.12	0.65	-0.01	-0.21	-0.62	-0.25	-0.06	-0.13	-0.62	-0.01	-0.12	-0.84	-0.03	-0.02	-0.21	0.22	0.2	-0.54	0.52	0.5	-0.25	-0.28	-0.54	0.07	-0.35

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Guangdong Jingyi Account Relationship Matchups

Guangdong Jingyi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.6B	2.6B	2.3B	2.0B	1.8B
Other Current Liab	24.6M	61.8M	23.4M	21.5M	3.3M	3.1M
Total Current Liabilities	826.7M	1.4B	1.2B	898.3M	629.4M	715.0M
Total Stockholder Equity	1.2B	1.2B	1.3B	1.3B	1.3B	1.1B
Other Liab	20.1M	26.5M	44.8M	39.0M	44.9M	47.1M
Retained Earnings	321.7M	351.9M	410.6M	439.0M	424.7M	302.9M
Accounts Payable	278.5M	755.3M	578.2M	629.5M	338.7M	244.0M
Cash	346.9M	689.9M	535.9M	528.2M	366.5M	314.9M
Other Assets	75.5M	71.5M	168.0M	163.7M	188.2M	197.7M
Net Receivables	1.0B	1.1B	1.2B	792.0M	754.4M	822.1M
Inventory	152.8M	246.6M	309.7M	232.9M	231.7M	254.4M
Other Current Assets	28.8M	32.1M	38.1M	21.9M	95.5M	100.3M
Total Liab	846.8M	1.4B	1.3B	985.0M	712.6M	740.4M
Intangible Assets	40.4M	39.5M	24.8M	24.0M	33.2M	27.5M
Property Plant Equipment	242.0M	230.3M	211.7M	232.9M	209.6M	193.6M
Net Tangible Assets	1.1B	1.2B	1.3B	1.3B	1.5B	1.3B
Other Stockholder Equity	388.3K	(484.0K)	(1.1M)	(1.1M)	(1.0M)	(961.8K)
Deferred Long Term Liab	105.8K	59.4K	17.5K	9.7K	8.7K	8.3K
Total Current Assets	1.7B	2.3B	2.2B	1.9B	1.6B	1.8B
Non Current Assets Total	367.9M	341.3M	404.5M	420.6M	449.8M	414.1M
Non Currrent Assets Other	1.9M	1.3M	(5.5M)	15.9M	662.3K	629.2K
Non Current Liabilities Total	20.1M	26.5M	98.2M	86.7M	83.2M	46.4M
Short Long Term Debt	491.5M	532.6M	611.0M	223.0M	253.0M	353.9M
Net Invested Capital	1.7B	1.8B	1.9B	1.5B	1.6B	1.4B
Net Working Capital	841.9M	904.3M	970.8M	971.6M	970.0M	984.1M

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Other Information on Investing in Guangdong Stock

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

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Guangdong Total Stockholder Equity vs Cash Analysis

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Cash

Guangdong Jingyi fundamental ratios Correlations

Guangdong Jingyi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Jingyi fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 0.95	Total Stockholder Equity
Cash	+ 0.95	Accounts Payable
Total Liab	+ 0.94	Total Assets
Total Current Liabilities	+ 0.93	Total Assets
Net Tangible Assets	+ 0.92	Other Liab

Non Current Liabilities Total	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Other Liab
Deferred Long Term Liab	- 0.86	Other Liab
Deferred Long Term Liab	- 0.85	Net Tangible Assets
Deferred Long Term Liab	- 0.85	Other Assets
Long Term Investments	- 0.84	Other Current Assets