Kuang Non Currrent Assets Other vs Cash Analysis

002625 Stock   40.40  1.48  3.53%   
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 Non Currrent Assets Other and its Cash 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.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuang Chi Technologies Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kuang Chi's Non Currrent Assets Other and Cash is 0.35. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other 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 Non Currrent Assets Other of Kuang Chi Technologies 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 Non Currrent Assets Other i.e., Kuang Chi's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Kuang Chi Technologies, which is listed under current asset account on Kuang Chi Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kuang Chi customers. The amounts must be unrestricted with restricted cash listed in a different Kuang Chi 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 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. The current year's Tax Provision is expected to grow to about 103.2 M
 2022 2023 2024 2025 (projected)
Operating Income307.7M536.1M616.5M647.4M
Total Revenue1.2B1.5B1.7B1.8B

Kuang Chi fundamental ratios Correlations

0.510.921.00.850.810.980.890.820.750.860.960.910.980.850.970.930.970.890.830.970.870.350.930.71-0.49
0.510.380.510.110.170.590.240.060.380.30.480.230.430.210.550.580.60.30.260.60.30.20.69-0.020.15
0.920.380.910.940.920.870.860.910.830.890.990.940.870.950.950.810.840.930.820.840.890.050.820.75-0.6
1.00.510.910.840.80.990.890.810.740.850.950.90.980.840.960.930.970.890.830.970.870.370.930.71-0.48
0.850.110.940.840.980.750.910.990.830.870.910.970.830.980.870.710.740.970.830.740.90.080.70.85-0.7
0.810.170.920.80.980.710.90.970.890.890.90.960.790.990.860.680.710.970.780.70.90.040.710.79-0.66
0.980.590.870.990.750.710.810.720.670.790.920.830.960.760.940.940.980.810.790.980.80.350.950.63-0.4
0.890.240.860.890.910.90.810.880.870.930.860.960.90.920.880.790.840.950.770.820.930.460.750.74-0.53
0.820.060.910.810.990.970.720.880.780.820.880.940.790.950.850.660.70.940.810.70.860.040.670.85-0.73
0.750.380.830.740.830.890.670.870.780.930.830.870.750.90.820.650.70.90.620.680.880.180.730.6-0.41
0.860.30.890.850.870.890.790.930.820.930.890.940.880.920.860.760.810.90.70.790.940.30.770.68-0.45
0.960.480.990.950.910.90.920.860.880.830.890.930.910.930.980.860.90.920.820.90.890.110.90.73-0.55
0.910.230.940.90.970.960.830.960.940.870.940.930.910.980.90.810.830.970.830.820.940.250.770.8-0.61
0.980.430.870.980.830.790.960.90.790.750.880.910.910.840.920.930.960.870.810.950.870.440.910.7-0.45
0.850.210.950.840.980.990.760.920.950.90.920.930.980.840.880.730.750.970.80.750.920.10.730.8-0.64
0.970.550.950.960.870.860.940.880.850.820.860.980.90.920.880.890.930.920.810.930.880.220.930.69-0.5
0.930.580.810.930.710.680.940.790.660.650.760.860.810.930.730.890.940.760.80.940.770.430.90.55-0.3
0.970.60.840.970.740.710.980.840.70.70.810.90.830.960.750.930.940.810.791.00.860.440.950.62-0.28
0.890.30.930.890.970.970.810.950.940.90.90.920.970.870.970.920.760.810.80.810.930.190.790.79-0.62
0.830.260.820.830.830.780.790.770.810.620.70.820.830.810.80.810.80.790.80.80.80.170.730.89-0.6
0.970.60.840.970.740.70.980.820.70.680.790.90.820.950.750.930.941.00.810.80.850.410.950.62-0.29
0.870.30.890.870.90.90.80.930.860.880.940.890.940.870.920.880.770.860.930.80.850.270.790.75-0.37
0.350.20.050.370.080.040.350.460.040.180.30.110.250.440.10.220.430.440.190.170.410.270.260.060.15
0.930.690.820.930.70.710.950.750.670.730.770.90.770.910.730.930.90.950.790.730.950.790.260.56-0.3
0.71-0.020.750.710.850.790.630.740.850.60.680.730.80.70.80.690.550.620.790.890.620.750.060.56-0.77
-0.490.15-0.6-0.48-0.7-0.66-0.4-0.53-0.73-0.41-0.45-0.55-0.61-0.45-0.64-0.5-0.3-0.28-0.62-0.6-0.29-0.370.15-0.3-0.77
Click cells to compare fundamentals

Kuang Chi Account Relationship Matchups

Kuang Chi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.6B9.0B9.2B9.8B11.2B11.8B
Other Current Liab70.1M115.8M236.3M29.9M34.4M32.7M
Total Current Liabilities613.9M534.8M715.1M747.3M859.4M902.4M
Total Stockholder Equity7.9B8.2B8.2B8.8B10.1B10.7B
Retained Earnings674.5M945.7M1.0B1.5B1.7B1.8B
Accounts Payable169.1M384.7M398.9M453.0M521.0M547.0M
Cash6.3B5.5B5.4B5.6B6.5B6.8B
Other Assets206.6M129.2M240.4M218.8M251.6M264.2M
Net Receivables512.6M983.7M745.7M1.5B1.7B1.8B
Inventory127.4M376.7M480.0M264.6M304.3M319.6M
Other Current Assets74.0M89.9M100.2M71.2M81.9M86.0M
Total Liab780.4M808.4M972.7M958.8M1.1B1.2B
Intangible Assets260.4M304.1M371.3M391.3M450.0M472.5M
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 Assets7.2B7.1B7.2B7.7B8.8B6.3B
Non Current Assets Total1.5B1.8B2.0B2.1B2.4B1.5B
Non Currrent Assets Other43.0M71.9M32.0M3.5M4.0M3.8M
Non Current Liabilities Total166.5M273.6M257.6M211.5M243.2M217.3M
Net Invested Capital8.2B8.2B8.2B8.8B10.1B8.9B
Net Working Capital6.6B6.6B6.4B6.9B6.2B5.4B
Property Plant And Equipment Net698.1M962.9M1.2B1.3B1.5B1.0B
Property Plant And Equipment Gross1.0B1.3B1.2B1.5B1.7B1.3B

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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.