Kuangda Total Liab vs Long Term Debt Analysis

002516 Stock   5.29  0.07  1.34%   
Kuangda Technology financial indicator trend analysis is infinitely more than just investigating Kuangda Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuangda Technology is a good investment. Please check the relationship between Kuangda Technology Total Liab and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuangda Technology Group. 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.

Total Liab vs Long Term Debt

Total Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuangda Technology Total Liab account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kuangda Technology's Total Liab and Long Term Debt is 0.19. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Kuangda Technology Group, assuming nothing else is changed. The correlation between historical values of Kuangda Technology's Total Liab 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 Total Liab of Kuangda Technology Group 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 Total Liab i.e., Kuangda Technology's Total Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt

Long-term debt is a debt that Kuangda Technology has held for over one year. Long-term debt appears on Kuangda Technology Group 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 Kuangda Technology Group 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 Kuangda Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuangda Technology 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 Kuangda Technology Group. 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.
At present, Kuangda Technology's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 43 M, whereas Discontinued Operations is projected to grow to (506.16).
 2021 2022 2023 2024 (projected)
Operating Income251.7M259.9M239.7M267.4M
Total Revenue1.7B1.8B1.8B1.6B

Kuangda Technology fundamental ratios Correlations

0.050.720.690.790.840.410.80.860.850.450.720.840.60.950.750.760.410.49-0.11-0.270.330.320.370.33-0.23
0.050.51-0.4-0.190.280.370.44-0.120.010.030.450.16-0.530.180.38-0.410.51-0.560.460.60.280.21-0.590.280.58
0.720.510.00.240.930.480.850.350.630.221.00.72-0.030.880.930.180.84-0.190.20.380.560.27-0.310.560.4
0.69-0.40.00.910.240.10.30.880.570.440.010.490.890.440.090.89-0.30.9-0.35-0.78-0.120.20.87-0.12-0.76
0.79-0.190.240.910.450.260.550.890.570.670.230.70.770.60.290.82-0.080.77-0.11-0.59-0.050.340.71-0.05-0.61
0.840.280.930.240.450.440.880.520.80.30.930.820.170.930.840.370.680.020.060.160.420.28-0.090.420.19
0.410.370.480.10.260.440.410.260.330.270.470.23-0.110.410.5-0.070.49-0.140.30.380.40.53-0.270.40.34
0.80.440.850.30.550.880.410.510.710.550.820.80.190.840.750.390.540.070.120.080.20.2-0.010.20.06
0.86-0.120.350.880.890.520.260.510.730.390.350.680.780.690.410.830.040.73-0.31-0.540.160.30.650.16-0.51
0.850.010.630.570.570.80.330.710.730.160.640.630.460.790.580.60.320.33-0.35-0.220.220.10.240.22-0.15
0.450.030.220.440.670.30.270.550.390.160.20.460.290.40.290.360.130.350.37-0.090.030.470.250.03-0.19
0.720.451.00.010.230.930.470.820.350.640.20.7-0.020.890.950.190.86-0.190.190.380.580.26-0.310.580.41
0.840.160.720.490.70.820.230.80.680.630.460.70.40.850.640.530.40.30.07-0.130.30.240.240.3-0.13
0.6-0.53-0.030.890.770.17-0.110.190.780.460.29-0.020.40.390.050.92-0.380.97-0.54-0.88-0.17-0.050.93-0.17-0.86
0.950.180.880.440.60.930.410.840.690.790.40.890.850.390.90.570.660.250.060.00.530.340.110.530.04
0.750.380.930.090.290.840.50.750.410.580.290.950.640.050.90.270.9-0.110.270.350.670.38-0.250.670.38
0.76-0.410.180.890.820.37-0.070.390.830.60.360.190.530.920.570.27-0.160.87-0.43-0.79-0.130.070.84-0.13-0.75
0.410.510.84-0.3-0.080.680.490.540.040.320.130.860.4-0.380.660.9-0.16-0.50.50.720.780.4-0.630.780.74
0.49-0.56-0.190.90.770.02-0.140.070.730.330.35-0.190.30.970.25-0.110.87-0.5-0.47-0.9-0.240.060.96-0.24-0.89
-0.110.460.2-0.35-0.110.060.30.12-0.31-0.350.370.190.07-0.540.060.27-0.430.5-0.470.610.360.5-0.540.360.55
-0.270.60.38-0.78-0.590.160.380.08-0.54-0.22-0.090.38-0.13-0.880.00.35-0.790.72-0.90.610.560.27-0.970.560.99
0.330.280.56-0.12-0.050.420.40.20.160.220.030.580.3-0.170.530.67-0.130.78-0.240.360.560.48-0.431.00.62
0.320.210.270.20.340.280.530.20.30.10.470.260.24-0.050.340.380.070.40.060.50.270.48-0.130.480.27
0.37-0.59-0.310.870.71-0.09-0.27-0.010.650.240.25-0.310.240.930.11-0.250.84-0.630.96-0.54-0.97-0.43-0.13-0.43-0.97
0.330.280.56-0.12-0.050.420.40.20.160.220.030.580.3-0.170.530.67-0.130.78-0.240.360.561.00.48-0.430.62
-0.230.580.4-0.76-0.610.190.340.06-0.51-0.15-0.190.41-0.13-0.860.040.38-0.750.74-0.890.550.990.620.27-0.970.62
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Kuangda Technology Account Relationship Matchups

Kuangda Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.0B4.1B4.4B4.4B3.8B
Other Current Liab86.6M41.9M28.9M298.1K804.6K764.4K
Total Current Liabilities526.1M507.2M556.2M578.0M686.5M904.6M
Total Stockholder Equity3.6B3.4B3.4B3.7B3.6B2.6B
Retained Earnings1.0B875.1M991.5M897.3M787.7M751.7M
Accounts Payable357.1M384.1M438.1M435.1M540.0M486.8M
Cash356.0M371.4M278.7M614.1M306.9M571.1M
Other Assets164.5M78.8M79.0M87.0M100.1M96.9M
Net Receivables871.6M784.7M1.1B867.2M894.3M728.4M
Inventory209.8M209.4M274.8M266.6M332.7M229.6M
Other Current Assets162.6M88.4M60.8M26.2M84.5M80.3M
Total Liab530.2M511.1M619.0M658.1M777.2M1.1B
Intangible Assets155.1M156.9M150.3M147.6M74.8M130.5M
Property Plant Equipment1.6B1.5B1.4B1.4B1.6B1.5B
Other Liab6.7M4.1M3.8M2.6M2.3M2.2M
Net Tangible Assets3.6B3.4B3.2B3.2B3.7B3.5B
Other Stockholder Equity(6.5K)(8.5K)(689.0K)(9.6M)(8.6M)(8.2M)
Deferred Long Term Liab32.8M25.9M25.6M27.6M24.9M29.0M
Total Current Assets2.3B2.1B2.0B2.3B2.3B1.9B
Non Current Assets Total1.8B1.9B2.0B2.1B2.1B1.8B
Non Currrent Assets Other4.2M6.1M10.6M8.6M5.7M5.4M
Non Current Liabilities Total4.1M3.8M62.8M80.0M90.7M128.5M
Net Invested Capital3.6B3.4B3.4B3.7B3.6B2.9B
Net Working Capital1.8B1.6B1.5B1.7B1.7B1.4B

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Other Information on Investing in Kuangda Stock

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