Guilin Deferred Long Term Liab vs Short Term Investments Analysis

002956 Stock   14.56  0.37  2.61%   
Guilin Seamild financial indicator trend analysis is much more than just examining Guilin Seamild Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guilin Seamild Foods is a good investment. Please check the relationship between Guilin Seamild Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guilin Seamild Foods. 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.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guilin Seamild Foods Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guilin Seamild's Deferred Long Term Liab and Short Term Investments is 0.63. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Guilin Seamild Foods, assuming nothing else is changed. The correlation between historical values of Guilin Seamild's Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Guilin Seamild Foods are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Guilin Seamild's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Guilin Seamild balance sheet. It contains any investments Guilin Seamild Foods undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Guilin Seamild Foods can easily liquidate in the marketplace.
Most indicators from Guilin Seamild's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guilin Seamild Foods 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 Guilin Seamild Foods. 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 20.2 M, whereas Selling General Administrative is forecasted to decline to about 397.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit538.7M572.1M703.0M576.2M
Total Revenue1.2B1.3B1.6B1.1B

Guilin Seamild fundamental ratios Correlations

-0.030.871.00.961.00.980.910.570.950.550.80.750.70.940.920.970.880.720.51.0-0.930.850.930.970.93
-0.030.01-0.040.01-0.06-0.03-0.17-0.43-0.15-0.67-0.130.26-0.180.1-0.21-0.070.01-0.20.370.010.14-0.31-0.09-0.05-0.09
0.870.010.820.930.840.820.890.630.950.610.760.770.360.870.930.891.00.510.750.83-0.680.850.920.940.96
1.0-0.040.820.941.00.990.890.550.930.520.790.720.750.930.90.960.830.740.441.0-0.950.830.910.950.89
0.960.010.930.940.950.930.90.550.960.560.870.820.560.980.950.970.930.540.650.94-0.830.830.970.970.97
1.0-0.060.841.00.950.980.90.570.950.530.790.710.720.920.920.970.850.750.440.99-0.940.850.920.960.91
0.98-0.030.820.990.930.980.920.630.930.540.840.770.780.920.90.970.830.710.480.98-0.960.860.920.950.9
0.91-0.170.890.890.90.90.920.770.950.610.860.720.660.860.920.920.890.560.60.88-0.870.890.970.960.91
0.57-0.430.630.550.550.570.630.770.720.640.730.390.60.460.740.660.620.480.40.51-0.670.810.730.670.68
0.95-0.150.950.930.960.950.930.950.720.670.840.730.590.890.990.970.950.660.570.92-0.860.940.970.990.97
0.55-0.670.610.520.560.530.540.610.640.670.590.460.310.480.720.620.610.410.220.5-0.50.770.580.580.68
0.8-0.130.760.790.870.790.840.860.730.840.590.810.680.870.870.910.770.320.630.78-0.810.760.920.840.89
0.750.260.770.720.820.710.770.720.390.730.460.810.390.870.720.810.780.180.760.74-0.620.610.780.750.81
0.7-0.180.360.750.560.720.780.660.60.590.310.680.390.610.570.70.370.630.120.73-0.90.550.640.610.53
0.940.10.870.930.980.920.920.860.460.890.480.870.870.610.870.950.880.470.670.94-0.830.720.930.920.93
0.92-0.210.930.90.950.920.90.920.740.990.720.870.720.570.870.960.930.640.530.89-0.850.950.950.970.98
0.97-0.070.890.960.970.970.970.920.660.970.620.910.810.70.950.960.90.630.570.96-0.920.880.970.970.97
0.880.011.00.830.930.850.830.890.620.950.610.770.780.370.880.930.90.520.750.84-0.690.850.930.950.97
0.72-0.20.510.740.540.750.710.560.480.660.410.320.180.630.470.640.630.52-0.040.73-0.750.70.530.660.55
0.50.370.750.440.650.440.480.60.40.570.220.630.760.120.670.530.570.75-0.040.47-0.30.390.670.60.68
1.00.010.831.00.940.990.980.880.510.920.50.780.740.730.940.890.960.840.730.47-0.930.80.90.950.89
-0.930.14-0.68-0.95-0.83-0.94-0.96-0.87-0.67-0.86-0.5-0.81-0.62-0.9-0.83-0.85-0.92-0.69-0.75-0.3-0.93-0.82-0.86-0.88-0.8
0.85-0.310.850.830.830.850.860.890.810.940.770.760.610.550.720.950.880.850.70.390.8-0.820.860.910.89
0.93-0.090.920.910.970.920.920.970.730.970.580.920.780.640.930.950.970.930.530.670.9-0.860.860.970.97
0.97-0.050.940.950.970.960.950.960.670.990.580.840.750.610.920.970.970.950.660.60.95-0.880.910.970.97
0.93-0.090.960.890.970.910.90.910.680.970.680.890.810.530.930.980.970.970.550.680.89-0.80.890.970.97
Click cells to compare fundamentals

Guilin Seamild Account Relationship Matchups

Guilin Seamild fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.8B1.9B2.0B1.5B
Other Current Liab77.3M43.4M73.6M112.2M16.0M15.2M
Total Current Liabilities305.1M342.3M410.6M500.4M540.3M385.9M
Total Stockholder Equity1.3B1.3B1.4B1.4B1.5B1.1B
Other Liab8.8M9.9M13.8M12.2M14.0M9.0M
Net Tangible Assets1.3B1.3B1.3B1.4B1.6B1.0B
Retained Earnings429.8M433.9M478.4M527.3M504.1M397.4M
Accounts Payable85.9M215.6M196.1M236.7M267.1M171.3M
Cash148.3M251.3M276.7M411.5M526.2M349.9M
Non Current Assets Total296.0M354.0M400.2M458.4M602.6M354.4M
Non Currrent Assets Other1.6M1.4M6.4M354.9K18.6M19.5M
Other Assets9.3M13.0M26.7M18.3M21.1M15.6M
Net Receivables60.3M59.7M84.2M77.3M67.5M70.0M
Non Current Liabilities Total8.8M9.9M14.5M12.3M11.1M9.5M
Inventory111.4M110.4M164.1M153.9M246.4M131.1M
Other Current Assets37.9M35.8M55.2M49.7M57.6M39.3M
Total Liab314.0M352.2M425.0M512.7M551.4M395.4M
Deferred Long Term Liab2.0M1.5M849.5K1.6M1.8M1.5M
Short Long Term Debt20.0M47.0M100.1M128.1M75.0M67.8M
Total Current Assets1.4B1.3B1.4B1.5B1.4B1.2B
Intangible Assets23.3M22.7M23.7M28.0M41.9M26.6M
Common Stock80M160M223.9M223.3M256.8M131.6M
Property Plant Equipment263.4M318.2M349.8M412.1M473.9M271.0M
Net Invested Capital1.4B1.4B1.5B1.5B1.5B1.3B
Net Working Capital1.1B1.0B966.0M962.2M867.3M854.7M
Capital Stock80M160M223.9M223.3M256.8M177.9M

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Other Information on Investing in Guilin Stock

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