Kuang Long Term Debt vs Net Tangible Assets Analysis

002625 Stock

40.13 0.73 1.85%

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 Long Term Debt and its Net Tangible Assets 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.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuang Chi Technologies Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kuang Chi's Long Term Debt and Net Tangible Assets is 0.63. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Kuang Chi Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Kuang Chi's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Kuang Chi Technologies has held for over one year. Long-term debt appears on Kuang Chi Technologies 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 Kuang Chi Technologies 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Income	203.6M	307.7M	536.1M	562.9M
Total Revenue	859.4M	1.2B	1.5B	1.6B

Operating Income Total Revenue

Kuang Chi 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	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Long Term Debt	Good Will
Total Assets		0.6	0.9	1.0	0.83	0.77	0.98	0.86	0.79	0.71	0.83	0.95	0.89	0.98	0.81	0.96	0.94	0.98	0.85	0.81	0.98	0.88	0.43	0.94	0.66	-0.45
Other Current Liab	0.6		0.5	0.6	0.21	0.27	0.67	0.28	0.15	0.45	0.37	0.6	0.33	0.47	0.25	0.6	0.61	0.64	0.35	0.26	0.67	0.41	0.19	0.74	-0.03	0.18
Total Current Liabilities	0.9	0.5		0.89	0.91	0.9	0.86	0.84	0.88	0.81	0.87	0.99	0.92	0.87	0.92	0.95	0.82	0.85	0.9	0.81	0.84	0.89	0.12	0.83	0.73	-0.59
Total Stockholder Equity	1.0	0.6	0.89		0.81	0.76	0.99	0.86	0.78	0.7	0.82	0.94	0.88	0.98	0.79	0.95	0.94	0.98	0.85	0.8	0.99	0.87	0.46	0.94	0.66	-0.44
Retained Earnings	0.83	0.21	0.91	0.81		0.97	0.73	0.93	0.98	0.82	0.87	0.89	0.96	0.86	0.99	0.88	0.73	0.76	0.97	0.86	0.73	0.9	0.18	0.71	0.89	-0.76
Accounts Payable	0.77	0.27	0.9	0.76	0.97		0.66	0.9	0.96	0.9	0.88	0.87	0.94	0.79	0.98	0.87	0.69	0.7	0.96	0.79	0.67	0.9	0.12	0.7	0.8	-0.68
Cash	0.98	0.67	0.86	0.99	0.73	0.66		0.77	0.69	0.62	0.76	0.92	0.81	0.94	0.7	0.92	0.94	0.98	0.76	0.75	0.99	0.8	0.42	0.95	0.57	-0.35
Other Assets	0.86	0.28	0.84	0.86	0.93	0.9	0.77		0.9	0.84	0.91	0.84	0.96	0.9	0.91	0.87	0.77	0.83	0.94	0.78	0.8	0.94	0.51	0.73	0.77	-0.58
Net Receivables	0.79	0.15	0.88	0.78	0.98	0.96	0.69	0.9		0.76	0.81	0.85	0.92	0.81	0.96	0.87	0.68	0.71	0.95	0.85	0.69	0.85	0.13	0.67	0.9	-0.81
Inventory	0.71	0.45	0.81	0.7	0.82	0.9	0.62	0.84	0.76		0.93	0.81	0.86	0.72	0.87	0.79	0.62	0.68	0.87	0.57	0.65	0.9	0.23	0.71	0.54	-0.37
Other Current Assets	0.83	0.37	0.87	0.82	0.87	0.88	0.76	0.91	0.81	0.93		0.87	0.93	0.86	0.89	0.84	0.74	0.8	0.87	0.66	0.78	0.96	0.37	0.76	0.64	-0.41
Total Liab	0.95	0.6	0.99	0.94	0.89	0.87	0.92	0.84	0.85	0.81	0.87		0.91	0.91	0.89	0.98	0.88	0.91	0.89	0.81	0.91	0.9	0.18	0.91	0.69	-0.52
Intangible Assets	0.89	0.33	0.92	0.88	0.96	0.94	0.81	0.96	0.92	0.86	0.93	0.91		0.92	0.96	0.9	0.83	0.84	0.95	0.83	0.82	0.95	0.36	0.77	0.79	-0.61
Common Stock	0.98	0.47	0.87	0.98	0.86	0.79	0.94	0.9	0.81	0.72	0.86	0.91	0.92		0.83	0.91	0.93	0.96	0.86	0.82	0.95	0.89	0.48	0.89	0.72	-0.48
Property Plant Equipment	0.81	0.25	0.92	0.79	0.99	0.98	0.7	0.91	0.96	0.87	0.89	0.89	0.96	0.83		0.87	0.72	0.74	0.97	0.82	0.71	0.91	0.14	0.71	0.84	-0.71
Other Liab	0.96	0.6	0.95	0.95	0.88	0.87	0.92	0.87	0.87	0.79	0.84	0.98	0.9	0.91	0.87		0.88	0.92	0.92	0.82	0.92	0.89	0.26	0.92	0.71	-0.54
Treasury Stock	0.94	0.61	0.82	0.94	0.73	0.69	0.94	0.77	0.68	0.62	0.74	0.88	0.83	0.93	0.72	0.88		0.94	0.74	0.8	0.94	0.79	0.47	0.89	0.56	-0.32
Net Tangible Assets	0.98	0.64	0.85	0.98	0.76	0.7	0.98	0.83	0.71	0.68	0.8	0.91	0.84	0.96	0.74	0.92	0.94		0.8	0.8	1.0	0.87	0.48	0.94	0.63	-0.31
Deferred Long Term Liab	0.85	0.35	0.9	0.85	0.97	0.96	0.76	0.94	0.95	0.87	0.87	0.89	0.95	0.86	0.97	0.92	0.74	0.8		0.83	0.77	0.92	0.24	0.77	0.83	-0.69
Long Term Investments	0.81	0.26	0.81	0.8	0.86	0.79	0.75	0.78	0.85	0.57	0.66	0.81	0.83	0.82	0.82	0.82	0.8	0.8	0.83		0.77	0.8	0.18	0.7	0.89	-0.61
Total Current Assets	0.98	0.67	0.84	0.99	0.73	0.67	0.99	0.8	0.69	0.65	0.78	0.91	0.82	0.95	0.71	0.92	0.94	1.0	0.77	0.77		0.84	0.47	0.95	0.59	-0.3
Non Current Assets Total	0.88	0.41	0.89	0.87	0.9	0.9	0.8	0.94	0.85	0.9	0.96	0.9	0.95	0.89	0.91	0.89	0.79	0.87	0.92	0.8	0.84		0.38	0.8	0.75	-0.42
Non Currrent Assets Other	0.43	0.19	0.12	0.46	0.18	0.12	0.42	0.51	0.13	0.23	0.37	0.18	0.36	0.48	0.14	0.26	0.47	0.48	0.24	0.18	0.47	0.38		0.3	0.06	0.17
Non Current Liabilities Total	0.94	0.74	0.83	0.94	0.71	0.7	0.95	0.73	0.67	0.71	0.76	0.91	0.77	0.89	0.71	0.92	0.89	0.94	0.77	0.7	0.95	0.8	0.3		0.52	-0.3
Long Term Debt	0.66	-0.03	0.73	0.66	0.89	0.8	0.57	0.77	0.9	0.54	0.64	0.69	0.79	0.72	0.84	0.71	0.56	0.63	0.83	0.89	0.59	0.75	0.06	0.52		-0.78
Good Will	-0.45	0.18	-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	-0.42	0.17	-0.3	-0.78

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Kuang Chi Account Relationship Matchups

Kuang Chi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.1B	8.6B	9.0B	9.2B	9.8B	10.3B
Other Current Liab	71.1M	70.1M	115.8M	236.3M	29.9M	28.4M
Total Current Liabilities	218.3M	613.9M	534.8M	715.1M	747.3M	784.7M
Total Stockholder Equity	7.7B	7.9B	8.2B	8.2B	8.8B	9.3B
Retained Earnings	511.3M	674.5M	945.7M	1.0B	1.5B	1.6B
Accounts Payable	121.2M	169.1M	384.7M	398.9M	453.0M	475.7M
Cash	5.0B	6.3B	5.5B	5.4B	5.6B	5.9B
Other Assets	206.6M	129.2M	240.4M	218.8M	251.6M	264.2M
Net Receivables	424.6M	512.6M	983.7M	745.7M	1.5B	1.6B
Inventory	83.8M	127.4M	376.7M	480.0M	264.6M	277.9M
Other Current Assets	34.9M	74.0M	89.9M	100.2M	71.2M	74.8M
Total Liab	346.5M	780.4M	808.4M	972.7M	958.8M	1.0B
Intangible Assets	231.9M	260.4M	304.1M	371.3M	391.3M	410.8M
Property Plant Equipment	465.6M	698.1M	962.9M	1.2B	1.4B	1.5B
Other Liab	128.2M	166.5M	260.8M	247.0M	284.1M	298.3M
Net Tangible Assets	7.2B	7.3B	7.6B	7.6B	8.8B	6.2B
Deferred Long Term Liab	41.6M	24.7M	67.9M	87.1M	100.2M	105.2M
Total Current Assets	6.8B	7.2B	7.1B	7.2B	7.7B	6.3B
Non Current Assets Total	1.2B	1.5B	1.8B	2.0B	2.1B	1.5B
Non Currrent Assets Other	154.9M	43.0M	71.9M	32.0M	3.5M	3.3M
Non Current Liabilities Total	128.2M	166.5M	273.6M	257.6M	211.5M	217.3M
Net Invested Capital	7.7B	8.2B	8.2B	8.2B	8.8B	8.9B
Net Working Capital	6.6B	6.6B	6.6B	6.4B	6.9B	5.4B

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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.

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Kuang Long Term Debt vs Net Tangible Assets Analysis

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Tangible Assets

Kuang Chi fundamental ratios Correlations

Kuang Chi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kuang Chi fundamental ratios Accounts

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Other Information on Investing in Kuang Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Net Tangible Assets
Total Liab	+ 0.99	Total Current Liabilities
Cash	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.99	Retained Earnings

Good Will	- 0.81	Net Receivables
Good Will	- 0.78	Long Term Debt
Good Will	- 0.76	Retained Earnings
Good Will	- 0.71	Property Plant Equipment
Good Will	- 0.69	Deferred Long Term Liab
Good Will	- 0.68	Accounts Payable