Guangdong Non Current Liabilities Total vs Long Term Debt Analysis

002400 Stock   8.56  0.78  10.03%   
Guangdong Advertising financial indicator trend analysis is much more than just examining Guangdong Advertising latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Advertising is a good investment. Please check the relationship between Guangdong Advertising Non Current Liabilities Total and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Advertising 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 board of governors.

Non Current Liabilities Total vs Long Term Debt

Non Current Liabilities Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Advertising Non Current Liabilities Total account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Advertising's Non Current Liabilities Total and Long Term Debt is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Guangdong Advertising Co, assuming nothing else is changed. The correlation between historical values of Guangdong Advertising's Non Current Liabilities Total 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 Non Current Liabilities Total of Guangdong Advertising Co 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 Non Current Liabilities Total i.e., Guangdong Advertising's Non Current Liabilities Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Long Term Debt

Long-term debt is a debt that Guangdong Advertising has held for over one year. Long-term debt appears on Guangdong Advertising Co 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 Guangdong Advertising Co 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 Guangdong Advertising's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Advertising 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 Advertising 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 board of governors.
The current year's Tax Provision is expected to grow to about 53.7 M, whereas Selling General Administrative is forecasted to decline to about 127.1 M.
 2021 2022 2023 2024 (projected)
Operating Income335.8M451.2M269.0M416.0M
Total Revenue13.0B14.6B16.7B9.2B

Guangdong Advertising fundamental ratios Correlations

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0.95-0.20.720.920.710.70.590.890.370.790.90.890.210.41-0.30.240.9-0.390.860.45-0.02-0.6-0.76-0.38-0.68
0.930.020.70.920.570.640.370.840.590.830.790.720.510.23-0.180.510.69-0.150.660.320.2-0.38-0.55-0.18-0.46
0.74-0.550.930.710.570.520.720.810.240.710.920.86-0.040.54-0.28-0.310.86-0.660.790.67-0.56-0.75-0.8-0.71-0.8
0.71-0.050.60.70.640.520.390.660.290.640.60.620.120.38-0.240.140.65-0.260.520.63-0.12-0.47-0.39-0.35-0.38
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0.96-0.180.840.890.840.810.660.50.530.930.850.770.320.49-0.20.10.82-0.460.760.61-0.23-0.58-0.68-0.46-0.62
0.570.530.520.370.590.240.29-0.120.530.710.270.10.850.060.10.550.050.3-0.020.220.180.150.10.230.17
0.94-0.060.860.790.830.710.640.320.930.710.750.630.570.38-0.230.310.64-0.250.580.62-0.06-0.42-0.46-0.21-0.37
0.87-0.460.880.90.790.920.60.750.850.270.750.960.070.44-0.3-0.030.93-0.580.90.52-0.27-0.76-0.87-0.57-0.81
0.81-0.550.780.890.720.860.620.730.770.10.630.96-0.080.44-0.4-0.060.97-0.530.910.57-0.26-0.75-0.86-0.56-0.81
0.410.530.280.210.51-0.040.12-0.430.320.850.570.07-0.08-0.130.030.79-0.150.48-0.190.010.440.270.310.480.39
0.41-0.190.420.410.230.540.380.440.490.060.380.440.44-0.13-0.08-0.330.5-0.420.420.41-0.45-0.4-0.39-0.34-0.42
-0.270.49-0.26-0.3-0.18-0.28-0.24-0.08-0.20.1-0.23-0.3-0.40.03-0.08-0.13-0.390.19-0.37-0.230.090.280.330.20.31
0.30.48-0.010.240.51-0.310.14-0.370.10.550.31-0.03-0.060.79-0.33-0.13-0.160.61-0.15-0.20.80.380.290.640.42
0.81-0.560.740.90.690.860.650.730.820.050.640.930.97-0.150.5-0.39-0.16-0.640.950.57-0.35-0.78-0.91-0.66-0.87
-0.330.58-0.42-0.39-0.15-0.66-0.26-0.72-0.460.3-0.25-0.58-0.530.48-0.420.190.61-0.64-0.73-0.230.590.870.790.820.85
0.76-0.570.640.860.660.790.520.790.76-0.020.580.90.91-0.190.42-0.37-0.150.95-0.730.4-0.23-0.78-0.97-0.6-0.9
0.55-0.410.710.450.320.670.630.310.610.220.620.520.570.010.41-0.23-0.20.57-0.230.4-0.37-0.39-0.3-0.35-0.26
-0.030.41-0.34-0.020.2-0.56-0.12-0.32-0.230.18-0.06-0.27-0.260.44-0.450.090.8-0.350.59-0.23-0.370.480.340.810.53
-0.530.56-0.61-0.6-0.38-0.75-0.47-0.74-0.580.15-0.42-0.76-0.750.27-0.40.280.38-0.780.87-0.78-0.390.480.770.750.81
-0.650.62-0.6-0.76-0.55-0.8-0.39-0.82-0.680.1-0.46-0.87-0.860.31-0.390.330.29-0.910.79-0.97-0.30.340.770.70.96
-0.310.53-0.47-0.38-0.18-0.71-0.35-0.58-0.460.23-0.21-0.57-0.560.48-0.340.20.64-0.660.82-0.6-0.350.810.750.70.85
-0.550.6-0.56-0.68-0.46-0.8-0.38-0.79-0.620.17-0.37-0.81-0.810.39-0.420.310.42-0.870.85-0.9-0.260.530.810.960.85
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Guangdong Advertising Account Relationship Matchups

Guangdong Advertising fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B8.1B7.9B9.3B10.6B6.4B
Other Current Liab541.7M430.1M485.3M343.8M196.1M186.2M
Total Current Liabilities3.0B3.4B3.1B4.2B5.4B5.7B
Total Stockholder Equity5.4B4.4B4.6B4.8B4.9B3.2B
Retained Earnings2.2B1.2B1.4B1.4B1.5B1.1B
Accounts Payable1.7B2.5B2.4B2.9B3.4B3.6B
Cash1.4B707.2M1.4B878.6M1.8B968.2M
Other Assets392.2M388.2M417.2M429.1M493.5M518.2M
Net Receivables3.0B3.2B2.9B4.1B4.3B2.2B
Other Current Assets719.5M847.9M621.5M857.1M870.5M854.5M
Total Liab3.1B3.5B3.1B4.4B5.7B3.0B
Property Plant Equipment701.2M681.5M709.6M694.1M798.2M838.1M
Other Liab358.0M193.4M135.8M41.8M48.0M45.6M
Inventory1.3K869.7K4.3M4.2M2.2M2.0M
Intangible Assets87.9M33.7M96.8M74.5M53.4M99.3M
Good Will1.7B582.6M480.9M341.7M307.6M292.2M
Net Tangible Assets3.3B3.6B3.8B4.1B4.7B3.3B
Deferred Long Term Liab33.1M17.0M15.6M11.5M10.3M20.2M
Total Current Assets5.1B5.5B5.3B6.6B7.8B6.6B
Non Current Assets Total3.7B2.6B2.6B2.7B2.8B2.6B
Non Currrent Assets Other13M4.0B61.5M4.0M21.5M20.4M
Short Term Investments609.8M10.9M8.6M1.8M1.6M1.5M
Non Current Liabilities Total193.4M135.8M51.3M211.8M258.8M323.6M
Other Stockholder Equity73.3M73.7M72.4M72.4M83.3M67.0M
Short Long Term Debt601.7M337.9M6M319.5M837.5M879.3M
Non Current Liabilities Other338.9M175.5M119.8M25.9M24.0M22.8M
Net Invested Capital6.0B4.8B4.6B5.1B5.7B4.4B
Net Working Capital2.1B2.1B2.2B2.4B2.4B2.4B

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Other Information on Investing in Guangdong Stock

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