Anhui Cash vs Non Current Assets Total Analysis

002571 Stock   4.96  0.02  0.40%   
Anhui Deli financial indicator trend analysis is way more than just evaluating Anhui Deli Household prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Deli Household is a good investment. Please check the relationship between Anhui Deli Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Deli Household. 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 Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Deli Household Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anhui Deli's Cash and Non Current Assets Total is -0.3. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Anhui Deli Household, assuming nothing else is changed. The correlation between historical values of Anhui Deli's Cash and Non Current Assets Total 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 Anhui Deli Household are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Anhui Deli's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

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

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.
Most indicators from Anhui Deli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Deli Household 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 Anhui Deli Household. 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 Selling General Administrative is expected to grow to about 63.2 M, whereas Tax Provision is forecasted to decline to about 1.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit164.2M180.2M204.9M181.5M
Research Development2.4M8.3M17.3M18.1M

Anhui Deli fundamental ratios Correlations

0.520.730.73-0.130.710.150.730.430.340.91-0.060.680.70.860.80.59-0.63-0.610.590.530.57-0.130.370.680.46
0.520.610.12-0.260.59-0.290.610.17-0.250.76-0.150.530.650.270.520.66-0.53-0.550.680.240.480.040.180.650.34
0.730.610.25-0.620.96-0.120.810.84-0.050.8-0.180.990.980.450.970.86-0.67-0.920.880.570.910.120.370.880.85
0.730.120.250.340.260.490.38-0.010.730.480.090.190.20.870.430.13-0.37-0.040.090.310.1-0.370.260.03-0.01
-0.13-0.26-0.620.34-0.70.55-0.34-0.750.64-0.380.32-0.67-0.680.05-0.54-0.770.60.83-0.67-0.6-0.820.13-0.38-0.68-0.67
0.710.590.960.26-0.7-0.230.820.82-0.140.81-0.220.960.960.480.940.93-0.8-0.920.930.740.93-0.10.470.890.86
0.15-0.29-0.120.490.55-0.23-0.1-0.110.58-0.190.43-0.14-0.250.1-0.01-0.350.40.34-0.3-0.41-0.30.34-0.25-0.3-0.13
0.730.610.810.38-0.340.82-0.10.570.050.77-0.380.790.810.550.770.73-0.72-0.640.820.570.68-0.050.420.730.74
0.430.170.84-0.01-0.750.82-0.110.57-0.150.44-0.060.90.80.180.830.74-0.45-0.840.750.530.830.210.210.760.93
0.34-0.25-0.050.730.64-0.140.580.05-0.15-0.020.29-0.09-0.160.530.11-0.340.160.33-0.27-0.19-0.250.050.06-0.33-0.19
0.910.760.80.48-0.380.81-0.190.770.44-0.02-0.210.740.820.70.80.78-0.78-0.770.760.610.7-0.190.410.830.51
-0.06-0.15-0.180.090.32-0.220.43-0.38-0.060.29-0.21-0.16-0.32-0.11-0.04-0.240.490.18-0.18-0.41-0.240.42-0.36-0.14-0.08
0.680.530.990.19-0.670.96-0.140.790.9-0.090.74-0.160.970.40.960.86-0.64-0.930.880.580.920.140.340.890.9
0.70.650.980.2-0.680.96-0.250.810.8-0.160.82-0.320.970.450.920.89-0.73-0.930.90.640.910.00.370.890.81
0.860.270.450.870.050.480.10.550.180.530.7-0.110.40.450.590.37-0.61-0.330.310.550.36-0.450.430.330.18
0.80.520.970.43-0.540.94-0.010.770.830.110.8-0.040.960.920.590.83-0.67-0.870.830.60.870.030.360.820.82
0.590.660.860.13-0.770.93-0.350.730.74-0.340.78-0.240.860.890.370.83-0.83-0.890.920.70.86-0.160.370.860.79
-0.63-0.53-0.67-0.370.6-0.80.4-0.72-0.450.16-0.780.49-0.64-0.73-0.61-0.67-0.830.67-0.69-0.83-0.730.56-0.6-0.63-0.5
-0.61-0.55-0.92-0.040.83-0.920.34-0.64-0.840.33-0.770.18-0.93-0.93-0.33-0.87-0.890.67-0.87-0.64-0.94-0.01-0.38-0.93-0.81
0.590.680.880.09-0.670.93-0.30.820.75-0.270.76-0.180.880.90.310.830.92-0.69-0.870.60.820.010.350.890.87
0.530.240.570.31-0.60.74-0.410.570.53-0.190.61-0.410.580.640.550.60.7-0.83-0.640.60.7-0.630.520.590.53
0.570.480.910.1-0.820.93-0.30.680.83-0.250.7-0.240.920.910.360.870.86-0.73-0.940.820.7-0.070.580.850.81
-0.130.040.12-0.370.13-0.10.34-0.050.210.05-0.190.420.140.0-0.450.03-0.160.56-0.010.01-0.63-0.07-0.440.130.23
0.370.180.370.26-0.380.47-0.250.420.210.060.41-0.360.340.370.430.360.37-0.6-0.380.350.520.58-0.440.30.26
0.680.650.880.03-0.680.89-0.30.730.76-0.330.83-0.140.890.890.330.820.86-0.63-0.930.890.590.850.130.30.82
0.460.340.85-0.01-0.670.86-0.130.740.93-0.190.51-0.080.90.810.180.820.79-0.5-0.810.870.530.810.230.260.82
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Anhui Deli Account Relationship Matchups

Anhui Deli fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B2.6B2.8B3.1B2.0B
Other Current Liab66.3M66.4M159.1M213.0M56.7M61.2M
Total Current Liabilities449.9M495.3M896.6M1.2B1.3B1.4B
Total Stockholder Equity1.4B1.4B1.4B1.3B1.2B1.3B
Retained Earnings84.2M89.3M135.8M25.9M(104.3M)(99.1M)
Accounts Payable292.7M267.2M531.1M586.6M670.6M704.1M
Cash207.0M261.2M235.4M161.4M184.6M268.9M
Other Assets17.4M51.0M123.1M71.5M82.3M86.4M
Net Receivables209.3M110.2M174.3M120.5M123.8M188.9M
Inventory309.6M314.0M443.2M531.7M484.9M288.6M
Other Current Assets25.5M25.1M44.4M48.3M49.2M49.9M
Total Liab467.2M529.5M1.1B1.5B1.8B1.9B
Intangible Assets67.6M76.1M173.1M265.4M257.5M270.4M
Property Plant Equipment656.9M660.2M967.0M1.2B1.4B1.4B
Other Liab17.2M14.0M24.5M23.4M26.9M28.3M
Net Tangible Assets1.4B1.4B1.3B1.1B948.8M1.1B
Deferred Long Term Liab920.0K683.6K4.7M3.4M3.9M4.1M
Short Long Term Debt62.0M128.9M128.7M271.4M326.3M342.6M
Total Current Assets755.3M758.4M897.6M929.3M933.0M923.2M
Non Current Assets Total1.2B1.2B1.7B1.9B2.1B1.6B
Non Currrent Assets Other5.1M23.1M93.3M45.2M126.7M133.0M
Non Current Liabilities Total17.2M34.2M226.0M217.3M550.4M577.9M
Other Stockholder Equity52.4M48.4M4.9M(3.6M)(3.3M)(3.1M)
Net Invested Capital1.5B1.6B1.7B1.7B2.1B1.8B
Net Working Capital305.4M263.1M979.8K(307.4M)(364.1M)(345.9M)

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Other Information on Investing in Anhui Stock

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