Runjian Property Plant And Equipment Net vs Total Stockholder Equity 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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Runjian Communication's Property Plant And Equipment Net and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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 Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Runjian Communication Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Runjian Communication's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
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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.