Kuang Other Liab vs Total Assets 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 Other Liab and its Total 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.

Other Liab vs Total Assets

Other Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuang Chi Technologies Other Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kuang Chi's Other Liab and Total Assets is 0.96. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total 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 Other Liab and Total 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 Other Liab of Kuang Chi Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Kuang Chi's Other Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Total Assets

Total assets refers to the total amount of Kuang Chi assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kuang Chi Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
Click cells to compare fundamentals

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.