Jiangxi Property Plant And Equipment Net vs Cash Analysis

002591 Stock

5.79 0.05 0.87%

Jiangxi Hengda financial indicator trend analysis is infinitely more than just investigating Jiangxi Hengda Hi recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Hengda Hi is a good investment. Please check the relationship between Jiangxi Hengda Property Plant And Equipment Net and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Hengda Hi Tech. 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.

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Hengda Hi Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Jiangxi Hengda's Property Plant And Equipment Net and Cash is -0.37. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Jiangxi Hengda Hi Tech, assuming nothing else is changed. The correlation between historical values of Jiangxi Hengda's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Jiangxi Hengda Hi Tech 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 Property Plant And Equipment Net i.e., Jiangxi Hengda's Property Plant And Equipment Net and Cash go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash

Cash refers to the most liquid asset of Jiangxi Hengda Hi, which is listed under current asset account on Jiangxi Hengda Hi Tech balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangxi Hengda customers. The amounts must be unrestricted with restricted cash listed in a different Jiangxi Hengda 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 Jiangxi Hengda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Hengda Hi 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 Jiangxi Hengda Hi Tech. 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 15.8 M. The current year's Tax Provision is expected to grow to about 3.8 M

	2021	2022	2023	2024 (projected)
Interest Expense	3.4M	5.2M	7.0M	4.3M
Depreciation And Amortization	32.6M	29.0M	37.0M	18.7M

Interest Expense Depreciation And Amortization

Jiangxi Hengda fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.53	0.29	0.63	0.97	0.49	0.4	0.17	0.0	0.1	0.07	0.92	0.65	0.17	0.69	0.36	0.17	-0.19	0.24	0.36	0.82	0.57	0.64	0.64	0.47	0.76
Short Long Term Debt Total	0.53		0.2	0.8	0.36	0.76	0.1	0.67	-0.42	0.39	-0.34	0.5	0.51	-0.2	0.69	0.12	-0.03	0.46	0.45	-0.19	0.55	0.84	0.31	0.96	0.26	0.76
Other Current Liab	0.29	0.2		0.16	0.31	0.07	-0.44	0.02	0.1	-0.24	0.02	0.32	0.32	-0.03	0.26	0.2	0.3	-0.21	-0.23	-0.04	0.27	0.12	0.07	0.29	0.02	0.1
Total Current Liabilities	0.63	0.8	0.16		0.43	0.77	0.49	0.66	-0.65	0.66	-0.43	0.65	0.44	-0.26	0.55	0.21	-0.13	0.18	0.49	-0.02	0.82	0.99	0.26	0.83	-0.03	0.88
Total Stockholder Equity	0.97	0.36	0.31	0.43		0.3	0.32	-0.02	0.19	-0.07	0.24	0.87	0.61	0.3	0.64	0.38	0.23	-0.32	0.14	0.4	0.73	0.37	0.67	0.49	0.52	0.61
Property Plant And Equipment Net	0.49	0.76	0.07	0.77	0.3		0.3	0.59	-0.54	0.48	-0.37	0.48	0.38	-0.25	0.48	0.09	-0.02	0.49	0.45	0.13	0.58	0.81	0.26	0.69	0.25	0.85
Current Deferred Revenue	0.4	0.1	-0.44	0.49	0.32	0.3		0.21	-0.47	0.59	-0.09	0.43	-0.15	-0.02	0.01	0.09	-0.54	-0.17	0.16	0.35	0.49	0.45	0.14	0.16	-0.06	0.48
Net Debt	0.17	0.67	0.02	0.66	-0.02	0.59	0.21		-0.55	0.5	-0.9	0.37	0.34	-0.8	0.24	-0.29	-0.18	0.44	0.08	-0.11	0.23	0.7	-0.31	0.57	0.04	0.55
Retained Earnings	0.0	-0.42	0.1	-0.65	0.19	-0.54	-0.47	-0.55		-0.95	0.4	-0.05	0.06	0.26	-0.09	-0.13	0.44	-0.4	-0.54	0.38	-0.45	-0.69	0.09	-0.35	0.46	-0.45
Accounts Payable	0.1	0.39	-0.24	0.66	-0.07	0.48	0.59	0.5	-0.95		-0.35	0.1	0.03	-0.16	0.15	0.12	-0.36	0.36	0.63	-0.33	0.52	0.69	0.04	0.32	-0.44	0.47
Cash	0.07	-0.34	0.02	-0.43	0.24	-0.37	-0.09	-0.9	0.4	-0.35		-0.21	-0.24	0.94	0.07	0.52	0.06	-0.35	0.15	0.04	-0.01	-0.46	0.6	-0.23	0.13	-0.32
Non Current Assets Total	0.92	0.5	0.32	0.65	0.87	0.48	0.43	0.37	-0.05	0.1	-0.21		0.61	-0.14	0.47	0.16	0.1	-0.2	0.01	0.35	0.75	0.59	0.29	0.59	0.38	0.76
Non Currrent Assets Other	0.65	0.51	0.32	0.44	0.61	0.38	-0.15	0.34	0.06	0.03	-0.24	0.61		-0.07	0.69	0.17	0.67	0.27	0.32	0.02	0.55	0.47	0.41	0.47	0.36	0.51
Cash And Short Term Investments	0.17	-0.2	-0.03	-0.26	0.3	-0.25	-0.02	-0.8	0.26	-0.16	0.94	-0.14	-0.07		0.18	0.58	0.2	-0.22	0.35	-0.07	0.15	-0.29	0.7	-0.11	0.05	-0.21
Net Receivables	0.69	0.69	0.26	0.55	0.64	0.48	0.01	0.24	-0.09	0.15	0.07	0.47	0.69	0.18		0.35	0.23	0.14	0.55	0.04	0.57	0.55	0.78	0.73	0.52	0.64
Common Stock Shares Outstanding	0.36	0.12	0.2	0.21	0.38	0.09	0.09	-0.29	-0.13	0.12	0.52	0.16	0.17	0.58	0.35		0.01	-0.1	0.47	-0.16	0.47	0.18	0.57	0.2	0.01	0.14
Short Term Investments	0.17	-0.03	0.3	-0.13	0.23	-0.02	-0.54	-0.18	0.44	-0.36	0.06	0.1	0.67	0.2	0.23	0.01		0.13	0.1	0.01	0.07	-0.11	0.24	-0.07	0.15	-0.05
Non Current Liabilities Total	-0.19	0.46	-0.21	0.18	-0.32	0.49	-0.17	0.44	-0.4	0.36	-0.35	-0.2	0.27	-0.22	0.14	-0.1	0.13		0.42	-0.35	-0.03	0.33	-0.06	0.21	0.03	0.17
Inventory	0.24	0.45	-0.23	0.49	0.14	0.45	0.16	0.08	-0.54	0.63	0.15	0.01	0.32	0.35	0.55	0.47	0.1	0.42		-0.41	0.54	0.54	0.58	0.39	-0.09	0.44
Other Current Assets	0.36	-0.19	-0.04	-0.02	0.4	0.13	0.35	-0.11	0.38	-0.33	0.04	0.35	0.02	-0.07	0.04	-0.16	0.01	-0.35	-0.41		0.07	-0.07	0.19	-0.1	0.38	0.15
Other Stockholder Equity	0.82	0.55	0.27	0.82	0.73	0.58	0.49	0.23	-0.45	0.52	-0.01	0.75	0.55	0.15	0.57	0.47	0.07	-0.03	0.54	0.07		0.78	0.53	0.63	-0.02	0.77
Total Liab	0.57	0.84	0.12	0.99	0.37	0.81	0.45	0.7	-0.69	0.69	-0.46	0.59	0.47	-0.29	0.55	0.18	-0.11	0.33	0.54	-0.07	0.78		0.24	0.82	-0.03	0.87
Total Current Assets	0.64	0.31	0.07	0.26	0.67	0.26	0.14	-0.31	0.09	0.04	0.6	0.29	0.41	0.7	0.78	0.57	0.24	-0.06	0.58	0.19	0.53	0.24		0.4	0.41	0.38
Short Term Debt	0.64	0.96	0.29	0.83	0.49	0.69	0.16	0.57	-0.35	0.32	-0.23	0.59	0.47	-0.11	0.73	0.2	-0.07	0.21	0.39	-0.1	0.63	0.82	0.4		0.27	0.77
Intangible Assets	0.47	0.26	0.02	-0.03	0.52	0.25	-0.06	0.04	0.46	-0.44	0.13	0.38	0.36	0.05	0.52	0.01	0.15	0.03	-0.09	0.38	-0.02	-0.03	0.41	0.27		0.37
Common Stock	0.76	0.76	0.1	0.88	0.61	0.85	0.48	0.55	-0.45	0.47	-0.32	0.76	0.51	-0.21	0.64	0.14	-0.05	0.17	0.44	0.15	0.77	0.87	0.38	0.77	0.37

Click cells to compare fundamentals

Jiangxi Hengda Account Relationship Matchups

Jiangxi Hengda fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	989.0M	1.1B	1.0B	1.0B	923.3M
Short Long Term Debt Total	134.1M	52.7M	147.4M	153.1M	157.4M	91.1M
Other Current Liab	8.1M	1.4M	2.4M	40.9M	2.1M	2.0M
Total Current Liabilities	225.4M	197.6M	279.5M	257.3M	320.8M	169.1M
Total Stockholder Equity	1.3B	758.3M	776.1M	712.7M	671.4M	720.8M
Property Plant And Equipment Net	174.6M	209.4M	272.9M	331.6M	249.0M	168.3M
Current Deferred Revenue	46.5M	55.9M	56.3M	15.7M	77.4M	81.3M
Net Debt	(28.7M)	(106.3M)	33.5M	81.3M	31.0M	32.6M
Retained Earnings	118.4M	(390.1M)	(371.7M)	(434.1M)	(474.7M)	(450.9M)
Accounts Payable	36.7M	97.0M	104.6M	69.5M	93.3M	97.9M
Cash	162.8M	159.0M	113.9M	71.8M	126.4M	146.1M
Non Current Assets Total	884.0M	379.4M	418.9M	484.9M	483.0M	388.6M
Non Currrent Assets Other	141.3M	82.3M	147.5M	116.9M	9.3M	8.8M
Cash And Short Term Investments	212.0M	180.0M	203.7M	98.9M	126.4M	157.7M
Net Receivables	364.1M	317.5M	374.6M	346.6M	318.6M	301.8M
Common Stock Shares Outstanding	284.7M	301.2M	299.3M	300.2M	300.1M	298.8M
Short Term Investments	49.2M	21.0M	89.8M	27.1M	(137.9M)	(131.0M)
Liabilities And Stockholders Equity	1.5B	989.0M	1.1B	1.0B	1.0B	923.3M
Non Current Liabilities Total	3.9M	14.9M	39.1M	31.3M	16.9M	16.1M
Inventory	66.0M	100.1M	97.0M	66.1M	74.7M	48.6M
Other Current Assets	4.1M	12.0M	8.8M	12.1M	13.0M	12.3M
Other Stockholder Equity	828.6M	851.7M	807.4M	811.7M	811.7M	511.5M
Total Liab	229.3M	212.5M	318.6M	288.6M	337.7M	185.2M
Total Current Assets	646.2M	609.6M	684.2M	523.8M	532.6M	534.7M
Short Term Debt	134.1M	43.3M	116.1M	131.2M	147.9M	81.4M
Intangible Assets	35.5M	26.4M	25.7M	24.9M	24.2M	31.3M
Common Stock	306.8M	306.7M	304.5M	300.2M	345.2M	212.5M
Other Liab	3.8M	3.9M	5.6M	7.9M	7.1M	5.4M
Property Plant Equipment	174.6M	209.4M	272.9M	333.1M	383.0M	402.2M
Net Tangible Assets	643.5M	738.4M	715.9M	734.5M	844.7M	766.5M
Short Long Term Debt	133.9M	43.3M	82.1M	102.8M	142.8M	91.1M
Deferred Long Term Liab	329.4K	228.2K	630.2K	436.0K	392.4K	558.6K
Net Invested Capital	1.4B	811.0M	886.4M	837.1M	819.7M	844.6M
Net Working Capital	420.8M	412.0M	404.7M	266.5M	211.9M	280.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Jiangxi Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Jiangxi Property Plant And Equipment Net vs Cash Analysis

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Cash

Jiangxi Hengda fundamental ratios Correlations

Jiangxi Hengda Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangxi Hengda fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Jiangxi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.97	Total Assets
Short Term Debt	+ 0.96	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.94	Cash
Non Current Assets Total	+ 0.92	Total Assets
Common Stock	+ 0.88	Total Current Liabilities

Accounts Payable	- 0.95	Retained Earnings
Cash	- 0.9	Net Debt
Cash And Short Term Investments	- 0.8	Net Debt
Total Liab	- 0.69	Retained Earnings
Retained Earnings	- 0.65	Total Current Liabilities
Retained Earnings	- 0.55	Net Debt