Beijing Long Term Debt vs Intangible Assets Analysis

002893 Stock   11.56  0.75  6.09%   
Beijing HuaYuanYiTong financial indicator trend analysis is way more than just evaluating Beijing HuaYuanYiTong prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing HuaYuanYiTong is a good investment. Please check the relationship between Beijing HuaYuanYiTong Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing HuaYuanYiTong Thermal. 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing HuaYuanYiTong Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing HuaYuanYiTong's Long Term Debt and Intangible Assets is 0.14. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Beijing HuaYuanYiTong Thermal, assuming nothing else is changed. The correlation between historical values of Beijing HuaYuanYiTong's Long Term Debt and Intangible 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 Long Term Debt of Beijing HuaYuanYiTong Thermal are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Beijing HuaYuanYiTong's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Beijing HuaYuanYiTong has held for over one year. Long-term debt appears on Beijing HuaYuanYiTong Thermal 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 Beijing HuaYuanYiTong Thermal 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Beijing HuaYuanYiTong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing HuaYuanYiTong 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 HuaYuanYiTong Thermal. 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 16.3 M. The current year's Selling General Administrative is expected to grow to about 21.2 M
 2021 2022 2023 2024 (projected)
Gross Profit163.2M155.3M175.4M168.0M
Total Revenue1.0B1.0B1.1B1.1B

Beijing HuaYuanYiTong fundamental ratios Correlations

-0.540.920.920.950.920.980.780.650.86-0.940.930.210.370.790.62-0.860.440.930.780.840.810.260.940.80.96
-0.54-0.49-0.65-0.54-0.43-0.63-0.81-0.49-0.320.42-0.4-0.05-0.01-0.550.060.460.5-0.37-0.26-0.39-0.61-0.11-0.41-0.49-0.54
0.92-0.490.750.880.860.90.70.390.9-0.930.870.070.240.760.5-0.710.470.950.750.960.630.320.890.790.88
0.92-0.650.750.880.880.940.870.810.66-0.850.860.10.450.720.4-0.820.20.720.720.650.910.310.870.690.88
0.95-0.540.880.880.810.970.790.520.88-0.840.80.170.270.890.55-0.820.40.880.590.780.70.320.890.890.98
0.92-0.430.860.880.810.890.650.730.69-0.980.990.070.60.520.47-0.740.460.830.940.850.870.430.960.530.79
0.98-0.630.90.940.970.890.830.620.84-0.910.880.150.320.830.51-0.830.340.880.70.80.80.320.920.830.96
0.78-0.810.70.870.790.650.830.540.62-0.690.64-0.120.110.810.1-0.6-0.080.580.470.560.690.210.670.760.8
0.65-0.490.390.810.520.730.620.540.19-0.620.720.20.750.220.28-0.680.020.40.70.40.960.270.670.180.5
0.86-0.320.90.660.880.690.840.620.19-0.790.720.14-0.030.880.66-0.70.610.930.540.780.410.150.760.930.9
-0.940.42-0.93-0.85-0.84-0.98-0.91-0.69-0.62-0.79-0.98-0.03-0.48-0.61-0.480.73-0.51-0.89-0.91-0.9-0.79-0.39-0.96-0.63-0.83
0.93-0.40.870.860.80.990.880.640.720.72-0.980.040.570.530.5-0.790.50.850.950.880.850.440.970.550.79
0.21-0.050.070.10.170.070.15-0.120.20.14-0.030.040.190.110.7-0.190.150.29-0.040.020.22-0.610.020.140.27
0.37-0.010.240.450.270.60.320.110.75-0.03-0.480.570.19-0.150.18-0.310.250.250.630.390.710.350.54-0.160.22
0.79-0.550.760.720.890.520.830.810.220.88-0.610.530.11-0.150.46-0.660.270.750.280.570.410.080.630.990.91
0.620.060.50.40.550.470.510.10.280.66-0.480.50.70.180.46-0.640.70.740.410.440.36-0.220.490.530.62
-0.860.46-0.71-0.82-0.82-0.74-0.83-0.6-0.68-0.70.73-0.79-0.19-0.31-0.66-0.64-0.35-0.78-0.66-0.68-0.75-0.38-0.84-0.67-0.78
0.440.50.470.20.40.460.34-0.080.020.61-0.510.50.150.250.270.7-0.350.610.490.490.10.130.50.350.42
0.93-0.370.950.720.880.830.880.580.40.93-0.890.850.290.250.750.74-0.780.610.730.90.610.170.870.80.9
0.78-0.260.750.720.590.940.70.470.70.54-0.910.95-0.040.630.280.41-0.660.490.730.80.790.440.880.310.58
0.84-0.390.960.650.780.850.80.560.40.78-0.90.880.020.390.570.44-0.680.490.90.80.620.460.90.620.75
0.81-0.610.630.910.70.870.80.690.960.41-0.790.850.220.710.410.36-0.750.10.610.790.620.30.820.380.69
0.26-0.110.320.310.320.430.320.210.270.15-0.390.44-0.610.350.08-0.22-0.380.130.170.440.460.30.550.060.13
0.94-0.410.890.870.890.960.920.670.670.76-0.960.970.020.540.630.49-0.840.50.870.880.90.820.550.640.84
0.8-0.490.790.690.890.530.830.760.180.93-0.630.550.14-0.160.990.53-0.670.350.80.310.620.380.060.640.92
0.96-0.540.880.880.980.790.960.80.50.9-0.830.790.270.220.910.62-0.780.420.90.580.750.690.130.840.92
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Beijing HuaYuanYiTong Account Relationship Matchups

Beijing HuaYuanYiTong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.2B2.1B2.1B2.4B2.1B
Other Current Liab415.6M454.9M470.7M17.4M7.1M6.7M
Total Current Liabilities1.0B1.2B1.1B1.3B1.1B1.2B
Total Stockholder Equity636.1M605.4M632.8M663.5M1.1B716.8M
Other Liab128.5M122.7M164.6M191.0M219.7M131.6M
Net Tangible Assets615.1M631.7M521.0M551.4M634.1M590.2M
Retained Earnings248.5M261.7M289.1M296.7M337.0M281.9M
Accounts Payable115.5M165.0M149.3M208.6M242.2M180.4M
Cash648.7M293.0M203.8M294.5M820.1M474.7M
Non Current Assets Total829.1M1.4B1.4B1.2B1.0B1.1B
Non Currrent Assets Other40.7M47.7M48.4M24.6M4.2M4.0M
Other Assets405.8M390.5M369.9M345.6M397.4M385.7M
Long Term Debt231.0M129.6M108.5M100M115M111.9M
Net Receivables401.2M274.6M263.6M298.0M337.4M253.8M
Good Will4.6M767.1K37.5M36.8M42.3M22.4M
Non Current Liabilities Total353.7M363.9M302.4M124.4M218.7M240.1M
Inventory60.2M49.0M61.3M69.4M40.6M49.3M
Other Current Assets75.7M110.4M108.0M7.2M6.0M5.7M
Total Liab1.4B1.6B1.4B1.4B1.3B1.4B
Deferred Long Term Liab309.7M296.0M263.7M225.7M259.5M287.6M
Short Long Term Debt381.0M459.5M340.0M509.4M300.2M404.6M
Total Current Assets1.2B785.5M691.1M919.9M1.4B1.0B
Non Current Liabilities Other515.1K2.2M194.9K780.2K702.2K563.7K
Intangible Assets3.6M46.8M43.9M40.4M42.2M26.4M
Common Stock123.0M159.7M205.1M202.8M233.2M165.1M
Property Plant Equipment435.6M424.2M863.1M848.6M975.9M621.9M
Net Invested Capital1.2B1.2B1.1B1.2B1.5B1.3B
Net Working Capital160.8M(435.0M)(428.3M)(358.5M)321.7M337.7M

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing HuaYuanYiTong at a specified time, usually calculated after every quarter, six months, or one year. Beijing HuaYuanYiTong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing HuaYuanYiTong 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.