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 Total Assets and its Long Term Debt 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
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Total Assets vs Long Term Debt
Total Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing HuaYuanYiTong Total Assets account and
Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing HuaYuanYiTong's Total Assets and Long Term Debt is 0.21. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt 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 Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Beijing HuaYuanYiTong Thermal are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Beijing HuaYuanYiTong's Total Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Beijing HuaYuanYiTong 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 HuaYuanYiTong 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.
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.
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
MBeijing HuaYuanYiTong fundamental ratios Correlations
Click cells to compare fundamentals
Beijing HuaYuanYiTong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing HuaYuanYiTong fundamental ratios Accounts
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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.