Kuang Accounts Payable vs Long Term Investments Analysis

002625 Stock   38.46  1.59  3.97%   
Kuang Chi financial indicator trend analysis is infinitely more than just investigating Kuang Chi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuang Chi Technologies is a good investment. Please check the relationship between Kuang Chi Accounts Payable and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuang Chi Technologies. 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.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuang Chi Technologies Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kuang Chi's Accounts Payable and Long Term Investments is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Kuang Chi Technologies, assuming nothing else is changed. The correlation between historical values of Kuang Chi's Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kuang Chi Technologies are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Kuang Chi's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Kuang Chi obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kuang Chi Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Kuang Chi balance sheet that represents investments Kuang Chi Technologies intends to hold for over a year. Kuang Chi Technologies long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Kuang Chi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuang Chi Technologies 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 Kuang Chi Technologies. 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 44.9 M, whereas Tax Provision is forecasted to decline to about 44.3 M.
 2021 2022 2023 2024 (projected)
Operating Income203.6M307.7M536.1M562.9M
Total Revenue859.4M1.2B1.5B1.6B

Kuang Chi fundamental ratios Correlations

0.60.91.00.830.770.980.860.790.710.830.950.890.980.810.960.940.980.850.810.980.880.430.940.66-0.45
0.60.50.60.210.270.670.280.150.450.370.60.330.470.250.60.610.640.350.260.670.410.190.74-0.030.18
0.90.50.890.910.90.860.840.880.810.870.990.920.870.920.950.820.850.90.810.840.890.120.830.73-0.59
1.00.60.890.810.760.990.860.780.70.820.940.880.980.790.950.940.980.850.80.990.870.460.940.66-0.44
0.830.210.910.810.970.730.930.980.820.870.890.960.860.990.880.730.760.970.860.730.90.180.710.89-0.76
0.770.270.90.760.970.660.90.960.90.880.870.940.790.980.870.690.70.960.790.670.90.120.70.8-0.68
0.980.670.860.990.730.660.770.690.620.760.920.810.940.70.920.940.980.760.750.990.80.420.950.57-0.35
0.860.280.840.860.930.90.770.90.840.910.840.960.90.910.870.770.830.940.780.80.940.510.730.77-0.58
0.790.150.880.780.980.960.690.90.760.810.850.920.810.960.870.680.710.950.850.690.850.130.670.9-0.81
0.710.450.810.70.820.90.620.840.760.930.810.860.720.870.790.620.680.870.570.650.90.230.710.54-0.37
0.830.370.870.820.870.880.760.910.810.930.870.930.860.890.840.740.80.870.660.780.960.370.760.64-0.41
0.950.60.990.940.890.870.920.840.850.810.870.910.910.890.980.880.910.890.810.910.90.180.910.69-0.52
0.890.330.920.880.960.940.810.960.920.860.930.910.920.960.90.830.840.950.830.820.950.360.770.79-0.61
0.980.470.870.980.860.790.940.90.810.720.860.910.920.830.910.930.960.860.820.950.890.480.890.72-0.48
0.810.250.920.790.990.980.70.910.960.870.890.890.960.830.870.720.740.970.820.710.910.140.710.84-0.71
0.960.60.950.950.880.870.920.870.870.790.840.980.90.910.870.880.920.920.820.920.890.260.920.71-0.54
0.940.610.820.940.730.690.940.770.680.620.740.880.830.930.720.880.940.740.80.940.790.470.890.56-0.32
0.980.640.850.980.760.70.980.830.710.680.80.910.840.960.740.920.940.80.81.00.870.480.940.63-0.31
0.850.350.90.850.970.960.760.940.950.870.870.890.950.860.970.920.740.80.830.770.920.240.770.83-0.69
0.810.260.810.80.860.790.750.780.850.570.660.810.830.820.820.820.80.80.830.770.80.180.70.89-0.61
0.980.670.840.990.730.670.990.80.690.650.780.910.820.950.710.920.941.00.770.770.840.470.950.59-0.3
0.880.410.890.870.90.90.80.940.850.90.960.90.950.890.910.890.790.870.920.80.840.380.80.75-0.42
0.430.190.120.460.180.120.420.510.130.230.370.180.360.480.140.260.470.480.240.180.470.380.30.060.17
0.940.740.830.940.710.70.950.730.670.710.760.910.770.890.710.920.890.940.770.70.950.80.30.52-0.3
0.66-0.030.730.660.890.80.570.770.90.540.640.690.790.720.840.710.560.630.830.890.590.750.060.52-0.78
-0.450.18-0.59-0.44-0.76-0.68-0.35-0.58-0.81-0.37-0.41-0.52-0.61-0.48-0.71-0.54-0.32-0.31-0.69-0.61-0.3-0.420.17-0.3-0.78
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Kuang Chi Account Relationship Matchups

Kuang Chi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B8.6B9.0B9.2B9.8B10.3B
Other Current Liab71.1M70.1M115.8M236.3M29.9M28.4M
Total Current Liabilities218.3M613.9M534.8M715.1M747.3M784.7M
Total Stockholder Equity7.7B7.9B8.2B8.2B8.8B9.3B
Retained Earnings511.3M674.5M945.7M1.0B1.5B1.6B
Accounts Payable121.2M169.1M384.7M398.9M453.0M475.7M
Cash5.0B6.3B5.5B5.4B5.6B5.9B
Other Assets206.6M129.2M240.4M218.8M251.6M264.2M
Net Receivables424.6M512.6M983.7M745.7M1.5B1.6B
Inventory83.8M127.4M376.7M480.0M264.6M277.9M
Other Current Assets34.9M74.0M89.9M100.2M71.2M74.8M
Total Liab346.5M780.4M808.4M972.7M958.8M1.0B
Intangible Assets231.9M260.4M304.1M371.3M391.3M410.8M
Property Plant Equipment465.6M698.1M962.9M1.2B1.4B1.5B
Other Liab128.2M166.5M260.8M247.0M284.1M298.3M
Net Tangible Assets7.2B7.3B7.6B7.6B8.8B6.2B
Deferred Long Term Liab41.6M24.7M67.9M87.1M100.2M105.2M
Total Current Assets6.8B7.2B7.1B7.2B7.7B6.3B
Non Current Assets Total1.2B1.5B1.8B2.0B2.1B1.5B
Non Currrent Assets Other154.9M43.0M71.9M32.0M3.5M3.3M
Non Current Liabilities Total128.2M166.5M273.6M257.6M211.5M217.3M
Net Invested Capital7.7B8.2B8.2B8.2B8.8B8.9B
Net Working Capital6.6B6.6B6.6B6.4B6.9B5.4B

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Other Information on Investing in Kuang Stock

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