Chenzhou Net Receivables vs Other Current Liab 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 Net Receivables and its Other Current Liab 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.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chenzhou Jingui Silver Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chenzhou Jingui's Net Receivables and Other Current Liab is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab 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 Net Receivables and Other Current Liab 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 Chenzhou Jingui Silver are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Chenzhou Jingui's Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Current Liab

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

0.840.850.850.460.750.450.680.160.810.660.650.230.660.750.80.840.350.210.930.940.670.55-0.020.40.72
0.840.70.92-0.020.510.520.910.210.70.460.40.120.460.90.660.670.07-0.160.950.890.920.32-0.330.610.59
0.850.70.710.510.540.080.460.410.730.710.440.020.710.690.560.770.21-0.040.750.90.570.36-0.240.150.61
0.850.920.71-0.030.50.480.920.060.880.280.410.020.280.950.50.670.02-0.020.970.850.930.34-0.140.660.36
0.46-0.020.51-0.030.51-0.11-0.330.280.190.740.470.320.74-0.140.460.530.540.40.090.37-0.290.40.19-0.450.59
0.750.510.540.50.510.370.4-0.350.540.420.970.220.420.50.790.380.410.690.630.530.330.920.510.510.63
0.450.520.080.48-0.110.370.53-0.160.330.120.320.480.120.410.520.360.50.160.540.410.410.260.030.550.39
0.680.910.460.92-0.330.40.53-0.070.680.070.33-0.010.070.920.450.44-0.14-0.090.90.670.960.29-0.160.80.27
0.160.210.410.060.28-0.35-0.16-0.07-0.050.64-0.480.030.64-0.020.030.550.08-0.760.060.430.1-0.56-0.87-0.590.31
0.810.70.730.880.190.540.330.68-0.050.250.50.040.250.790.380.660.120.210.840.770.710.450.10.490.27
0.660.460.710.280.740.420.120.070.640.250.30.351.00.190.70.760.52-0.090.420.720.150.19-0.36-0.270.87
0.650.40.440.410.470.970.320.33-0.480.50.30.230.30.430.710.250.310.780.530.410.240.990.620.520.55
0.230.120.020.020.320.220.48-0.010.030.040.350.230.35-0.070.380.280.390.290.120.19-0.090.190.02-0.050.43
0.660.460.710.280.740.420.120.070.640.251.00.30.350.190.70.760.52-0.090.420.720.150.19-0.36-0.270.87
0.750.90.690.95-0.140.50.410.92-0.020.790.190.43-0.070.190.440.46-0.13-0.040.910.770.950.39-0.150.760.29
0.80.660.560.50.460.790.520.450.030.380.70.710.380.70.440.610.550.330.690.680.360.620.090.350.94
0.840.670.770.670.530.380.360.440.550.660.760.250.280.760.460.610.47-0.110.720.90.470.13-0.32-0.040.67
0.350.070.210.020.540.410.5-0.140.080.120.520.310.390.52-0.130.550.470.290.160.3-0.20.20.14-0.130.58
0.21-0.16-0.04-0.020.40.690.16-0.09-0.760.21-0.090.780.29-0.09-0.040.33-0.110.290.07-0.12-0.240.80.940.290.13
0.930.950.750.970.090.630.540.90.060.840.420.530.120.420.910.690.720.160.070.90.880.45-0.10.650.55
0.940.890.90.850.370.530.410.670.430.770.720.410.190.720.770.680.90.3-0.120.90.740.3-0.350.290.7
0.670.920.570.93-0.290.330.410.960.10.710.150.24-0.090.150.950.360.47-0.2-0.240.880.740.19-0.320.710.23
0.550.320.360.340.40.920.260.29-0.560.450.190.990.190.190.390.620.130.20.80.450.30.190.680.530.46
-0.02-0.33-0.24-0.140.190.510.03-0.16-0.870.1-0.360.620.02-0.36-0.150.09-0.320.140.94-0.1-0.35-0.320.680.28-0.13
0.40.610.150.66-0.450.510.550.8-0.590.49-0.270.52-0.05-0.270.760.35-0.04-0.130.290.650.290.710.530.280.06
0.720.590.610.360.590.630.390.270.310.270.870.550.430.870.290.940.670.580.130.550.70.230.46-0.130.06
Click cells to compare fundamentals

Chenzhou Jingui Account Relationship Matchups

Chenzhou Jingui fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B3.6B4.2B4.1B4.2B5.8B
Short Long Term Debt Total6.2B692.2M692.9M693.0M787.4M748.0M
Other Current Liab802.5M229.3M2.5M479.2M10.3M9.7M
Total Current Liabilities9.0B616.3M1.1B1.3B2.0B3.0B
Total Stockholder Equity(637.5M)2.0B2.0B1.8B1.6B1.7B
Property Plant And Equipment Net1.4B1.3B1.3B1.2B968.4M1.0B
Current Deferred Revenue955.6M1.3M699.4M40.3M417.6M350.8M
Net Debt6.0B136.0M431.3M266.5M696.6M1.4B
Retained Earnings(3.2B)(3.0B)(3.0B)(3.1B)(3.3B)(3.1B)
Accounts Payable1.8B99.0M389.0M781.7M1.1B798.7M
Cash237.2M556.1M261.6M426.5M90.7M86.2M
Non Current Assets Total2.7B2.6B2.5B2.4B2.3B1.8B
Other Assets101.1M1.023.3M32.6M37.5M23.1M
Cash And Short Term Investments237.2M556.1M261.6M426.5M90.7M86.2M
Net Receivables4.6B274.7M117.5M79.3M77.1M73.2M
Liabilities And Stockholders Equity10.1B3.6B4.2B4.1B4.2B5.8B
Non Current Liabilities Total1.8B1.1B1.1B970.4M539.8M1.0B
Inventory2.6B197.5M1.2B1.2B1.7B2.3B
Other Current Assets32.7M59.2M106.9M77.8M58.7M64.8M
Other Stockholder Equity1.3B2.4B2.5B2.5B2.6B2.8B
Total Liab10.8B1.7B2.1B2.3B2.5B4.0B
Total Current Assets7.4B1.1B1.7B1.8B1.9B1.8B
Short Term Debt5.4B286.6M367.0K423.2K429.9M408.4M
Intangible Assets1.2B1.2B1.2B1.2B1.1B711.5M
Other Liab837.1M229.7M213.5M154.8M178.1M167.6M
Long Term Debt962.4M692.2M692.0M692.2M344.8M327.6M
Property Plant Equipment1.5B1.4B1.3B1.3B1.5B1.1B
Non Currrent Assets Other23.1M34.9M32.4M44.0M159.6M167.6M
Net Tangible Assets(1.9B)782.4M851.1M687.2M618.4M831.8M
Deferred Long Term Liab28.0M23.1M34.9M32.4M37.2M30.7M
Non Current Liabilities Other2.1M722.8M1.8M1.3M1.1M1.1M
Net Invested Capital4.0B2.7B2.7B2.5B2.0B3.0B
Net Working Capital(1.5B)471.2M608.0M451.7M(86.4M)(82.1M)

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Other Information on Investing in Chenzhou Stock

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.