Runjian Other Liab vs Non Currrent Assets Other Analysis

002929 Stock   29.08  0.55  1.86%   
Runjian Communication financial indicator trend analysis is much more than just breaking down Runjian Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runjian Communication is a good investment. Please check the relationship between Runjian Communication Other Liab and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. 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.

Other Liab vs Non Currrent Assets Other

Other Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Other Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Runjian Communication's Other Liab and Non Currrent Assets Other is 0.96. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Runjian Communication Co, assuming nothing else is changed. The correlation between historical values of Runjian Communication's Other Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Runjian Communication Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Liab i.e., Runjian Communication's Other Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Runjian Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runjian Communication 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 Runjian Communication Co. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 58.5 M. In addition to that, Tax Provision is expected to decline to about 59.6 M
 2021 2022 2023 2024 (projected)
Interest Expense77.2M119.6M104.8M110.0M
Depreciation And Amortization49.8M60.9M69.3M38.0M

Runjian Communication fundamental ratios Correlations

-0.180.990.980.980.310.991.00.810.980.980.80.990.870.890.70.950.991.00.960.860.90.990.850.840.22
-0.18-0.15-0.25-0.120.26-0.22-0.17-0.18-0.22-0.29-0.2-0.15-0.17-0.210.46-0.28-0.13-0.160.0-0.240.04-0.19-0.17-0.51-0.21
0.99-0.150.961.00.410.971.00.720.990.970.721.00.810.860.70.920.990.980.950.80.870.970.780.850.18
0.98-0.250.960.930.140.990.970.830.950.950.830.970.90.890.620.990.950.980.90.910.850.960.880.840.19
0.98-0.121.00.930.470.950.990.690.990.970.680.990.780.840.710.90.990.970.960.770.860.960.750.830.18
0.310.260.410.140.470.230.38-0.140.380.32-0.150.37-0.030.170.490.060.40.270.45-0.090.310.3-0.060.17-0.16
0.99-0.220.970.990.950.230.980.820.960.960.820.990.890.910.680.960.970.990.940.890.880.980.870.830.2
1.0-0.171.00.970.990.380.980.750.990.980.741.00.830.870.70.931.00.990.960.820.880.980.810.840.19
0.81-0.180.720.830.69-0.140.820.750.730.761.00.750.950.880.630.80.770.830.790.920.890.830.970.610.48
0.98-0.220.990.950.990.380.960.990.730.990.720.980.80.850.640.920.990.970.950.790.850.970.780.880.18
0.98-0.290.970.950.970.320.960.980.760.990.750.960.810.840.590.920.970.960.930.80.840.960.790.90.21
0.8-0.20.720.830.68-0.150.820.741.00.720.750.750.950.870.620.790.770.820.780.910.880.820.970.60.5
0.99-0.151.00.970.990.370.991.00.750.980.960.750.840.880.720.940.990.990.950.840.880.980.820.830.18
0.87-0.170.810.90.78-0.030.890.830.950.80.810.950.840.920.70.880.840.890.840.970.90.870.990.640.33
0.89-0.210.860.890.840.170.910.870.880.850.840.870.880.920.710.850.880.90.860.940.920.890.940.70.26
0.70.460.70.620.710.490.680.70.630.640.590.620.720.70.710.550.740.720.830.620.870.70.680.250.11
0.95-0.280.920.990.90.060.960.930.80.920.920.790.940.880.850.550.910.950.840.910.780.910.860.840.14
0.99-0.130.990.950.990.40.971.00.770.990.970.770.990.840.880.740.910.990.980.820.910.980.820.820.24
1.0-0.160.980.980.970.270.990.990.830.970.960.820.990.890.90.720.950.990.960.880.90.980.870.820.24
0.960.00.950.90.960.450.940.960.790.950.930.780.950.840.860.830.840.980.960.780.950.950.810.70.21
0.86-0.240.80.910.77-0.090.890.820.920.790.80.910.840.970.940.620.910.820.880.780.840.850.980.680.24
0.90.040.870.850.860.310.880.880.890.850.840.880.880.90.920.870.780.910.90.950.840.910.90.620.37
0.99-0.190.970.960.960.30.980.980.830.970.960.820.980.870.890.70.910.980.980.950.850.910.850.850.34
0.85-0.170.780.880.75-0.060.870.810.970.780.790.970.820.990.940.680.860.820.870.810.980.90.850.620.34
0.84-0.510.850.840.830.170.830.840.610.880.90.60.830.640.70.250.840.820.820.70.680.620.850.620.32
0.22-0.210.180.190.18-0.160.20.190.480.180.210.50.180.330.260.110.140.240.240.210.240.370.340.340.32
Click cells to compare fundamentals

Runjian Communication Account Relationship Matchups

Runjian Communication fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.9B10.2B12.7B14.9B15.6B
Other Current Liab(154.4M)23.8M23.8M666.2M18.7M17.8M
Total Current Liabilities2.0B2.7B5.2B7.2B8.8B9.2B
Total Stockholder Equity2.8B3.2B3.8B4.3B5.9B6.2B
Property Plant And Equipment Net202.1M278.9M705.9M1.1B1.3B1.3B
Net Debt(722.7M)(830.3M)(447.5M)754.7M193.4M203.1M
Retained Earnings1.0B1.3B1.6B2.0B2.3B2.4B
Accounts Payable1.5B1.9B3.4B4.7B5.7B6.0B
Cash1.2B2.0B2.5B1.9B1.9B1.2B
Non Current Assets Total642.5M1.6B2.2B2.8B3.9B4.1B
Non Currrent Assets Other434.5M1.1B1.3B1.3B2.2B2.3B
Cash And Short Term Investments1.4B2.1B2.6B2.0B1.9B1.2B
Net Receivables2.0B2.2B3.9B5.5B6.4B6.7B
Liabilities And Stockholders Equity4.9B6.9B10.2B12.7B14.9B15.6B
Inventory823.5M933.3M1.1B1.3B1.7B871.7M
Other Current Assets27.7M81.0M306.0M1.2B438.6M220.6M
Other Stockholder Equity1.4B1.4B1.6B1.7B3.0B3.1B
Total Liab2.0B3.6B6.2B8.3B8.9B9.3B
Total Current Assets4.3B5.3B8.0B10.0B11.0B11.5B
Intangible Assets12.9M37.8M52.1M92.0M69.5M73.0M
Net Tangible Assets2.6B2.7B3.0B3.6B4.2B2.3B
Other Assets40.8M59.3M1.01.2B1.151.09
Non Current Liabilities Total1.5M943.3M1.0B1.1B67.9M64.5M
Property Plant Equipment63.8M202.1M278.9M705.9M811.8M852.4M
Good Will95.0M161.4M165.9M180.0M159.1M108.9M
Deferred Long Term Liab918.0K559.9K5.5M5.4M6.3M6.6M
Net Invested Capital2.8B4.4B5.8B7.0B8.0B5.0B
Net Working Capital2.3B2.6B2.8B2.8B2.1B2.5B
Short Term Investments209.4M40.0M187.1M70.2M21.2M20.2M

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Other Information on Investing in Runjian Stock

Balance Sheet is a snapshot of the financial position of Runjian Communication at a specified time, usually calculated after every quarter, six months, or one year. Runjian Communication Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Runjian Communication 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 Runjian currently owns. An asset can also be divided into two categories, current and non-current.