Chenzhou Cash vs Property Plant And Equipment Net Analysis
002716 Stock | 3.64 0.10 2.67% |
Chenzhou Jingui financial indicator trend analysis is way more than just evaluating Chenzhou Jingui Silver prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chenzhou Jingui Silver is a good investment. Please check the relationship between Chenzhou Jingui Cash and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chenzhou Jingui Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chenzhou Jingui Silver Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chenzhou Jingui's Cash and Property Plant And Equipment Net is 0.42. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chenzhou Jingui Silver, assuming nothing else is changed. The correlation between historical values of Chenzhou Jingui's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Chenzhou Jingui Silver are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Chenzhou Jingui's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Chenzhou Jingui Silver, which is listed under current asset account on Chenzhou Jingui Silver balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chenzhou Jingui customers. The amounts must be unrestricted with restricted cash listed in a different Chenzhou Jingui 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Chenzhou Jingui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chenzhou Jingui Silver 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 Chenzhou Jingui Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of November 29, 2024, Selling General Administrative is expected to decline to about 22.6 M. In addition to that, Tax Provision is expected to decline to about 153.8 K
Chenzhou Jingui fundamental ratios Correlations
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Chenzhou Jingui Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chenzhou Jingui fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1B | 3.6B | 4.2B | 4.1B | 4.2B | 5.8B | |
Short Long Term Debt Total | 6.2B | 692.2M | 692.9M | 693.0M | 787.4M | 748.0M | |
Other Current Liab | 802.5M | 229.3M | 2.5M | 479.2M | 10.3M | 9.7M | |
Total Current Liabilities | 9.0B | 616.3M | 1.1B | 1.3B | 2.0B | 3.0B | |
Total Stockholder Equity | (637.5M) | 2.0B | 2.0B | 1.8B | 1.6B | 1.7B | |
Property Plant And Equipment Net | 1.4B | 1.3B | 1.3B | 1.2B | 968.4M | 1.0B | |
Current Deferred Revenue | 955.6M | 1.3M | 699.4M | 40.3M | 417.6M | 350.8M | |
Net Debt | 6.0B | 136.0M | 431.3M | 266.5M | 696.6M | 1.4B | |
Retained Earnings | (3.2B) | (3.0B) | (3.0B) | (3.1B) | (3.3B) | (3.1B) | |
Accounts Payable | 1.8B | 99.0M | 389.0M | 781.7M | 1.1B | 798.7M | |
Cash | 237.2M | 556.1M | 261.6M | 426.5M | 90.7M | 86.2M | |
Non Current Assets Total | 2.7B | 2.6B | 2.5B | 2.4B | 2.3B | 1.8B | |
Other Assets | 101.1M | 1.0 | 23.3M | 32.6M | 37.5M | 23.1M | |
Cash And Short Term Investments | 237.2M | 556.1M | 261.6M | 426.5M | 90.7M | 86.2M | |
Net Receivables | 4.6B | 274.7M | 117.5M | 79.3M | 77.1M | 73.2M | |
Liabilities And Stockholders Equity | 10.1B | 3.6B | 4.2B | 4.1B | 4.2B | 5.8B | |
Non Current Liabilities Total | 1.8B | 1.1B | 1.1B | 970.4M | 539.8M | 1.0B | |
Inventory | 2.6B | 197.5M | 1.2B | 1.2B | 1.7B | 2.3B | |
Other Current Assets | 32.7M | 59.2M | 106.9M | 77.8M | 58.7M | 64.8M | |
Other Stockholder Equity | 1.3B | 2.4B | 2.5B | 2.5B | 2.6B | 2.8B | |
Total Liab | 10.8B | 1.7B | 2.1B | 2.3B | 2.5B | 4.0B | |
Total Current Assets | 7.4B | 1.1B | 1.7B | 1.8B | 1.9B | 1.8B | |
Short Term Debt | 5.4B | 286.6M | 367.0K | 423.2K | 429.9M | 408.4M | |
Intangible Assets | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 711.5M | |
Other Liab | 837.1M | 229.7M | 213.5M | 154.8M | 178.1M | 167.6M | |
Long Term Debt | 962.4M | 692.2M | 692.0M | 692.2M | 344.8M | 327.6M | |
Property Plant Equipment | 1.5B | 1.4B | 1.3B | 1.3B | 1.5B | 1.1B | |
Non Currrent Assets Other | 23.1M | 34.9M | 32.4M | 44.0M | 159.6M | 167.6M | |
Net Tangible Assets | (1.9B) | 782.4M | 851.1M | 687.2M | 618.4M | 831.8M | |
Deferred Long Term Liab | 28.0M | 23.1M | 34.9M | 32.4M | 37.2M | 30.7M | |
Non Current Liabilities Other | 2.1M | 722.8M | 1.8M | 1.3M | 1.1M | 1.1M | |
Net Invested Capital | 4.0B | 2.7B | 2.7B | 2.5B | 2.0B | 3.0B | |
Net Working Capital | (1.5B) | 471.2M | 608.0M | 451.7M | (86.4M) | (82.1M) |
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Balance Sheet is a snapshot of the financial position of Chenzhou Jingui Silver at a specified time, usually calculated after every quarter, six months, or one year. Chenzhou Jingui Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chenzhou Jingui 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 Chenzhou currently owns. An asset can also be divided into two categories, current and non-current.