Beijing Net Receivables vs Total Assets Analysis

002659 Stock   5.27  0.02  0.38%   
Beijing Kaiwen financial indicator trend analysis is way more than just evaluating Beijing Kaiwen Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Kaiwen Education is a good investment. Please check the relationship between Beijing Kaiwen Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Kaiwen Education. 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Kaiwen Education Net Receivables account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Kaiwen's Net Receivables and Total Assets is -0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Beijing Kaiwen Education, assuming nothing else is changed. The correlation between historical values of Beijing Kaiwen's Net Receivables 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 Net Receivables of Beijing Kaiwen Education 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 Net Receivables i.e., Beijing Kaiwen's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Total Assets

Total assets refers to the total amount of Beijing Kaiwen 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 Beijing Kaiwen Education 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 Beijing Kaiwen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Kaiwen Education 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 Beijing Kaiwen Education. 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 Tax Provision is expected to grow to about 4.1 M, whereas Selling General Administrative is forecasted to decline to about 11.2 M.

Beijing Kaiwen fundamental ratios Correlations

0.14-0.180.94-0.49-0.510.710.38-0.29-0.27-0.620.180.640.740.880.70.720.690.680.73-0.490.76-0.390.710.190.68
0.140.64-0.040.410.22-0.04-0.380.290.150.23-0.080.330.14-0.130.440.62-0.34-0.1-0.350.4-0.30.49-0.290.07-0.23
-0.180.64-0.420.780.79-0.35-0.610.560.520.72-0.190.33-0.09-0.420.270.22-0.57-0.53-0.630.53-0.620.54-0.530.08-0.66
0.94-0.04-0.42-0.62-0.720.620.47-0.44-0.43-0.790.30.340.720.940.580.610.780.810.84-0.570.83-0.560.740.090.68
-0.490.410.78-0.620.72-0.43-0.920.640.440.72-0.310.03-0.05-0.720.18-0.26-0.5-0.84-0.730.44-0.690.61-0.590.09-0.66
-0.510.220.79-0.720.72-0.4-0.550.640.730.93-0.330.17-0.46-0.63-0.18-0.23-0.74-0.68-0.80.55-0.780.65-0.710.12-0.63
0.71-0.04-0.350.62-0.43-0.40.28-0.31-0.14-0.49-0.120.620.490.580.360.270.640.420.59-0.60.69-0.140.580.120.84
0.38-0.38-0.610.47-0.92-0.550.28-0.59-0.35-0.570.440.0-0.160.59-0.340.240.330.760.61-0.180.57-0.60.51-0.070.49
-0.290.290.56-0.440.640.64-0.31-0.590.820.78-0.50.11-0.25-0.440.050.02-0.64-0.44-0.750.6-0.70.72-0.71-0.19-0.47
-0.270.150.52-0.430.440.73-0.14-0.350.820.8-0.510.14-0.47-0.34-0.180.0-0.67-0.27-0.690.54-0.660.69-0.73-0.3-0.43
-0.620.230.72-0.790.720.93-0.49-0.570.780.8-0.37-0.01-0.59-0.7-0.29-0.25-0.86-0.67-0.910.67-0.90.74-0.86-0.11-0.73
0.18-0.08-0.190.3-0.31-0.33-0.120.44-0.5-0.51-0.37-0.180.050.25-0.10.160.180.390.380.060.3-0.540.350.480.03
0.640.330.330.340.030.170.620.00.110.14-0.01-0.180.440.340.580.470.270.030.21-0.180.320.090.370.380.46
0.740.14-0.090.72-0.05-0.460.49-0.16-0.25-0.47-0.590.050.440.550.90.370.780.210.62-0.650.65-0.360.670.310.5
0.88-0.13-0.420.94-0.72-0.630.580.59-0.44-0.34-0.70.250.340.550.440.580.70.850.82-0.550.8-0.570.660.030.66
0.70.440.270.580.18-0.180.36-0.340.05-0.18-0.29-0.10.580.90.440.590.490.090.33-0.390.37-0.090.410.240.26
0.720.620.220.61-0.26-0.230.270.240.020.0-0.250.160.470.370.580.590.10.580.250.040.24-0.050.210.030.19
0.69-0.34-0.570.78-0.5-0.740.640.33-0.64-0.67-0.860.180.270.780.70.490.10.430.93-0.860.95-0.730.910.190.78
0.68-0.1-0.530.81-0.84-0.680.420.76-0.44-0.27-0.670.390.030.210.850.090.580.430.66-0.240.61-0.450.45-0.140.51
0.73-0.35-0.630.84-0.73-0.80.590.61-0.75-0.69-0.910.380.210.620.820.330.250.930.66-0.770.98-0.850.920.150.77
-0.490.40.53-0.570.440.55-0.6-0.180.60.540.670.06-0.18-0.65-0.55-0.390.04-0.86-0.24-0.77-0.750.6-0.72-0.09-0.67
0.76-0.3-0.620.83-0.69-0.780.690.57-0.7-0.66-0.90.30.320.650.80.370.240.950.610.98-0.75-0.760.940.220.85
-0.390.490.54-0.560.610.65-0.14-0.60.720.690.74-0.540.09-0.36-0.57-0.09-0.05-0.73-0.45-0.850.6-0.76-0.76-0.11-0.42
0.71-0.29-0.530.74-0.59-0.710.580.51-0.71-0.73-0.860.350.370.670.660.410.210.910.450.92-0.720.94-0.760.350.78
0.190.070.080.090.090.120.12-0.07-0.19-0.3-0.110.480.380.310.030.240.030.19-0.140.15-0.090.22-0.110.350.26
0.68-0.23-0.660.68-0.66-0.630.840.49-0.47-0.43-0.730.030.460.50.660.260.190.780.510.77-0.670.85-0.420.780.26
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Beijing Kaiwen Account Relationship Matchups

Beijing Kaiwen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.1B3.5B3.2B3.1B2.9B
Other Current Liab251.4M251.2M25.1M138.9M5.5M5.2M
Total Current Liabilities525.8M582.2M127.6M242.3M265.8M252.5M
Total Stockholder Equity2.1B2.5B2.3B2.3B2.2B1.5B
Retained Earnings(23.2M)(152.7M)(273.4M)(370.0M)(447.9M)(425.5M)
Accounts Payable13.9M120.7M42.1M38.4M48.8M46.4M
Cash550.9M877.1M507.1M441.2M395.7M391.2M
Other Assets579.5M596.1M570.5M2.2B2.5B2.6B
Net Receivables260.1M87.6K175.0M1.6M5.3M5.0M
Inventory168.3K253.9K206.0K200.4K121.5K115.4K
Other Current Assets26.3M13.7M6.2M152.1M146.9M85.1M
Total Liab1.6B1.6B1.1B992.3M909.3M1.3B
Intangible Assets845.4M826.6M808.0M113.0M27.1M25.7M
Property Plant Equipment1.2B1.2B1.2B161.8M186.1M176.8M
Net Tangible Assets1.1B1.5B1.3B1.9B2.2B1.4B
Other Stockholder Equity(47.3K)(646.9K)(942.2K)(10.8K)(9.7K)(10.2K)
Deferred Long Term Liab343.2M319.9M269.3M257.8M296.5M244.1M
Total Current Assets861.9M1.3B753.7M597.8M551.2M713.6M
Non Current Assets Total2.8B2.8B2.7B2.6B2.6B3.0B
Non Currrent Assets Other219.4K17.4M377.8K1.0M905.0K859.7K
Non Current Liabilities Total1.0B1.1B1.0B750.0M643.6M773.4M
Net Debt476.5M298.0M482.9M298.8M244.3M298.0M
Net Invested Capital3.2B3.7B3.3B3.0B2.8B3.4B
Net Working Capital336.2M731.6M626.1M355.5M285.5M266.5M

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Other Information on Investing in Beijing Stock

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