Fujian Cash vs Long Term Debt Analysis

002474 Stock

6.68 0.15 2.30%

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

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Rongji Software Cash account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Fujian Rongji's Cash and Long Term Debt is 0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Fujian Rongji Software, assuming nothing else is changed. The correlation between historical values of Fujian Rongji's Cash 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 Cash of Fujian Rongji Software 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 Cash i.e., Fujian Rongji's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

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Cash

Cash refers to the most liquid asset of Fujian Rongji Software, which is listed under current asset account on Fujian Rongji Software balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fujian Rongji customers. The amounts must be unrestricted with restricted cash listed in a different Fujian Rongji 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.

Long Term Debt

Long-term debt is a debt that Fujian Rongji Software has held for over one year. Long-term debt appears on Fujian Rongji Software 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 Fujian Rongji Software 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 Fujian Rongji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Rongji Software 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 Fujian Rongji Software. 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 30, 2024, Selling General Administrative is expected to decline to about 104.3 M. The current year's Tax Provision is expected to grow to about (18.7 M)

	2021	2022	2023	2024 (projected)
Gross Profit	264.4M	216.6M	106.2M	184.3M
Research Development	92.7M	85.1M	86.5M	88.1M

Gross Profit Research Development

Fujian Rongji fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Deferred Long Term Liab
Total Assets		0.56	0.92	0.87	0.94	0.91	-0.21	0.38	0.85	0.92	0.01	0.93	0.8	0.85	0.78	0.8	-0.42	0.59	0.54	0.78	0.61	0.7	0.07	-0.07	-0.31	0.39
Other Current Liab	0.56		0.52	0.48	0.62	0.55	-0.06	-0.45	0.71	0.57	0.05	0.52	0.45	0.52	0.43	0.1	0.26	-0.26	-0.25	0.12	0.81	-0.05	0.02	0.56	-0.48	-0.47
Total Current Liabilities	0.92	0.52		0.62	0.82	0.97	-0.46	0.38	0.85	0.97	-0.07	1.0	0.77	0.81	0.86	0.84	-0.4	0.65	0.58	0.89	0.7	0.76	0.04	-0.09	-0.41	0.42
Total Stockholder Equity	0.87	0.48	0.62		0.88	0.63	0.16	0.28	0.64	0.66	0.13	0.63	0.65	0.7	0.51	0.57	-0.32	0.38	0.37	0.48	0.35	0.47	0.07	-0.03	-0.15	0.27
Retained Earnings	0.94	0.62	0.82	0.88		0.85	-0.17	0.28	0.85	0.86	0.01	0.82	0.78	0.8	0.73	0.71	-0.42	0.43	0.45	0.59	0.54	0.62	0.2	0.06	-0.19	0.3
Accounts Payable	0.91	0.55	0.97	0.63	0.85		-0.44	0.31	0.82	0.98	-0.06	0.98	0.76	0.8	0.86	0.81	-0.43	0.59	0.52	0.8	0.73	0.71	0.22	-0.04	-0.32	0.37
Cash	-0.21	-0.06	-0.46	0.16	-0.17	-0.44		-0.35	-0.38	-0.39	-0.1	-0.46	-0.46	-0.45	-0.27	-0.44	0.16	-0.37	-0.34	-0.47	-0.2	-0.41	0.12	0.17	0.23	-0.32
Other Assets	0.38	-0.45	0.38	0.28	0.28	0.31	-0.35		0.21	0.32	-0.03	0.39	0.36	0.36	0.19	0.76	-0.71	0.85	0.89	0.66	-0.33	0.77	-0.19	-0.79	0.1	0.98
Net Receivables	0.85	0.71	0.85	0.64	0.85	0.82	-0.38	0.21		0.87	0.03	0.86	0.72	0.76	0.74	0.69	-0.32	0.4	0.44	0.66	0.65	0.59	-0.19	0.04	-0.41	0.2
Inventory	0.92	0.57	0.97	0.66	0.86	0.98	-0.39	0.32	0.87		-0.1	0.97	0.77	0.82	0.86	0.83	-0.5	0.6	0.56	0.8	0.7	0.72	0.14	-0.05	-0.28	0.38
Other Current Assets	0.01	0.05	-0.07	0.13	0.01	-0.06	-0.1	-0.03	0.03	-0.1		-0.08	-0.15	-0.04	-0.11	-0.13	0.14	-0.11	-0.16	-0.02	-0.05	-0.15	-0.22	0.0	-0.34	-0.09
Total Liab	0.93	0.52	1.0	0.63	0.82	0.98	-0.46	0.39	0.86	0.97	-0.08		0.78	0.82	0.85	0.84	-0.42	0.66	0.59	0.88	0.69	0.77	0.06	-0.09	-0.39	0.43
Intangible Assets	0.8	0.45	0.77	0.65	0.78	0.76	-0.46	0.36	0.72	0.77	-0.15	0.78		0.97	0.54	0.72	-0.35	0.49	0.43	0.62	0.44	0.54	-0.01	-0.08	-0.26	0.33
Common Stock	0.85	0.52	0.81	0.7	0.8	0.8	-0.45	0.36	0.76	0.82	-0.04	0.82	0.97		0.53	0.72	-0.35	0.49	0.41	0.64	0.47	0.52	-0.03	-0.07	-0.29	0.31
Property Plant Equipment	0.78	0.43	0.86	0.51	0.73	0.86	-0.27	0.19	0.74	0.86	-0.11	0.85	0.54	0.53		0.71	-0.44	0.55	0.54	0.74	0.68	0.72	0.22	-0.01	-0.22	0.3
Other Liab	0.8	0.1	0.84	0.57	0.71	0.81	-0.44	0.76	0.69	0.83	-0.13	0.84	0.72	0.72	0.71		-0.73	0.86	0.88	0.89	0.29	0.9	-0.01	-0.54	-0.12	0.8
Short Term Investments	-0.42	0.26	-0.4	-0.32	-0.42	-0.43	0.16	-0.71	-0.32	-0.5	0.14	-0.42	-0.35	-0.35	-0.44	-0.73		-0.78	-0.83	-0.51	0.18	-0.75	-0.16	0.49	-0.41	-0.78
Net Tangible Assets	0.59	-0.26	0.65	0.38	0.43	0.59	-0.37	0.85	0.4	0.6	-0.11	0.66	0.49	0.49	0.55	0.86	-0.78		0.93	0.87	0.0	0.93	-0.03	-0.56	0.08	0.9
Other Stockholder Equity	0.54	-0.25	0.58	0.37	0.45	0.52	-0.34	0.89	0.44	0.56	-0.16	0.59	0.43	0.41	0.54	0.88	-0.83	0.93		0.79	-0.06	0.92	-0.1	-0.68	0.13	0.93
Long Term Investments	0.78	0.12	0.89	0.48	0.59	0.8	-0.47	0.66	0.66	0.8	-0.02	0.88	0.62	0.64	0.74	0.89	-0.51	0.87	0.79		0.42	0.87	-0.15	-0.42	-0.38	0.69
Total Current Assets	0.61	0.81	0.7	0.35	0.54	0.73	-0.2	-0.33	0.65	0.7	-0.05	0.69	0.44	0.47	0.68	0.29	0.18	0.0	-0.06	0.42		0.15	0.14	0.35	-0.58	-0.27
Non Current Assets Total	0.7	-0.05	0.76	0.47	0.62	0.71	-0.41	0.77	0.59	0.72	-0.15	0.77	0.54	0.52	0.72	0.9	-0.75	0.93	0.92	0.87	0.15		0.07	-0.4	0.03	0.84
Non Currrent Assets Other	0.07	0.02	0.04	0.07	0.2	0.22	0.12	-0.19	-0.19	0.14	-0.22	0.06	-0.01	-0.03	0.22	-0.01	-0.16	-0.03	-0.1	-0.15	0.14	0.07		0.36	0.46	-0.04
Long Term Debt	-0.07	0.56	-0.09	-0.03	0.06	-0.04	0.17	-0.79	0.04	-0.05	0.0	-0.09	-0.08	-0.07	-0.01	-0.54	0.49	-0.56	-0.68	-0.42	0.35	-0.4	0.36		-0.03	-0.76
Non Current Liabilities Total	-0.31	-0.48	-0.41	-0.15	-0.19	-0.32	0.23	0.1	-0.41	-0.28	-0.34	-0.39	-0.26	-0.29	-0.22	-0.12	-0.41	0.08	0.13	-0.38	-0.58	0.03	0.46	-0.03		0.17
Deferred Long Term Liab	0.39	-0.47	0.42	0.27	0.3	0.37	-0.32	0.98	0.2	0.38	-0.09	0.43	0.33	0.31	0.3	0.8	-0.78	0.9	0.93	0.69	-0.27	0.84	-0.04	-0.76	0.17

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Fujian Rongji Account Relationship Matchups

Fujian Rongji fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.9B	2.9B	2.7B	2.7B	2.0B
Other Current Liab	319.6M	201.4M	217.9M	149.4M	10.6M	10.1M
Total Current Liabilities	1.1B	1.2B	1.2B	985.4M	1.1B	632.0M
Total Stockholder Equity	1.5B	1.6B	1.6B	1.6B	1.5B	1.3B
Retained Earnings	500.0M	549.6M	570.2M	577.3M	352.9M	371.3M
Accounts Payable	274.5M	395.6M	357.0M	273.4M	263.4M	179.7M
Cash	364.5M	469.5M	312.1M	235.1M	224.0M	346.8M
Other Assets	102.2M	159.9M	163.3M	626.8M	720.8M	756.9M
Net Receivables	272.7M	158.7M	256.4M	215.8M	150.0M	151.9M
Inventory	917.4M	1.1B	1.2B	831.3M	819.7M	540.6M
Other Current Assets	36.4M	46.2M	43.4M	66.5M	134.3M	115.6M
Total Liab	1.2B	1.3B	1.3B	1.1B	1.2B	687.1M
Intangible Assets	182.7M	181.1M	188.4M	190.3M	203.3M	128.1M
Property Plant Equipment	348.4M	413.3M	457.0M	179.5M	206.5M	149.8M
Other Liab	81.1M	101.4M	110.8M	106.7M	122.7M	128.8M
Short Term Investments	320.8M	86.7M	27.7M	25.8M	828K	786.6K
Net Tangible Assets	1.4B	1.4B	1.5B	1.5B	1.7B	1.5B
Other Stockholder Equity	46.0M	40.1M	48.2M	67.0M	77.0M	80.9M
Total Current Assets	1.9B	1.9B	1.8B	1.4B	1.5B	1.4B
Non Current Assets Total	846.8M	940.8M	1.1B	1.3B	1.2B	959.7M
Non Currrent Assets Other	227.6K	25.6M	14.8M	13.3M	4.4M	4.2M
Non Current Liabilities Total	81.1M	101.4M	117.4M	110.1M	99.5M	99.1M
Deferred Long Term Liab	3.4M	38.2M	33.6M	86.5M	99.5M	104.5M
Short Long Term Debt	501.6M	570.5M	569.5M	543.6M	623.5M	529.1M
Net Debt	137.1M	101.0M	257.4M	308.5M	399.5M	250.2M
Net Invested Capital	2.0B	2.2B	2.2B	2.2B	2.1B	2.3B
Net Working Capital	782.4M	751.2M	616.3M	461.8M	373.5M	548.3M

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Other Information on Investing in Fujian Stock

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

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Fujian Cash vs Long Term Debt Analysis

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash

Long Term Debt

Fujian Rongji fundamental ratios Correlations

Fujian Rongji Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fujian Rongji fundamental ratios Accounts

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Other Information on Investing in Fujian Stock

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Total Liab	+ 1.0	Total Current Liabilities
Inventory	+ 0.98	Accounts Payable
Total Liab	+ 0.98	Accounts Payable
Deferred Long Term Liab	+ 0.98	Other Assets
Accounts Payable	+ 0.97	Total Current Liabilities
Inventory	+ 0.97	Total Current Liabilities

Other Stockholder Equity	- 0.83	Short Term Investments
Long Term Debt	- 0.79	Other Assets
Deferred Long Term Liab	- 0.78	Short Term Investments
Net Tangible Assets	- 0.78	Short Term Investments
Deferred Long Term Liab	- 0.76	Long Term Debt
Non Current Assets Total	- 0.75	Short Term Investments