Chenzhou Long Term Debt vs Non Current Liabilities Total 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 Long Term Debt and its Non Current Liabilities Total 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.
Long Term Debt vs Non Current Liabilities Total
Long Term Debt vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chenzhou Jingui Silver Long Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chenzhou Jingui's Long Term Debt and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Total 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 Long Term Debt and Non Current Liabilities Total 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 Chenzhou Jingui Silver are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Debt i.e., Chenzhou Jingui's Long Term Debt and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Chenzhou Jingui Silver has held for over one year. Long-term debt appears on Chenzhou Jingui Silver 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 Chenzhou Jingui Silver 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.Non Current Liabilities Total
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.