Northking Selling General Administrative vs Total Current Liabilities Analysis

002987 Stock   16.02  1.09  7.30%   
Northking Information financial indicator trend analysis is infinitely more than just investigating Northking Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northking Information is a good investment. Please check the relationship between Northking Information Selling General Administrative and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Northking Information Technology. 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.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northking Information Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Northking Information's Selling General Administrative and Total Current Liabilities is 0.29. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Northking Information Technology, assuming nothing else is changed. The correlation between historical values of Northking Information's Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Northking Information Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Northking Information's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Northking Information balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northking Information Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Northking Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northking Information 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 Northking Information Technology. 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 (5.9 M). In addition to that, Selling General Administrative is expected to decline to about 76.7 M
 2021 2022 2023 2024 (projected)
Gross Profit720.1M826.5M989.2M588.9M
Total Revenue3.1B3.7B4.2B2.5B

Northking Information fundamental ratios Correlations

0.220.991.00.90.940.92-0.210.970.670.980.930.840.92-0.580.980.97-0.711.00.530.930.87-0.410.861.00.99
0.220.180.220.380.05-0.020.030.34-0.460.220.360.440.220.050.210.35-0.010.28-0.610.030.190.57-0.190.190.27
0.990.180.980.860.930.93-0.270.960.70.970.930.850.92-0.611.00.93-0.690.980.570.950.87-0.450.880.980.97
1.00.220.980.90.940.92-0.190.970.670.980.930.830.92-0.570.980.97-0.721.00.520.920.87-0.410.851.00.99
0.90.380.860.90.850.80.00.930.520.840.850.690.79-0.450.860.9-0.590.910.380.70.77-0.310.660.90.91
0.940.050.930.940.850.99-0.180.910.830.90.880.770.87-0.590.930.89-0.750.940.710.840.83-0.670.820.950.95
0.92-0.020.930.920.80.99-0.190.890.860.890.870.760.87-0.640.930.85-0.770.910.740.850.84-0.70.830.930.92
-0.210.03-0.27-0.190.0-0.18-0.19-0.19-0.2-0.29-0.21-0.43-0.17-0.26-0.29-0.2-0.32-0.19-0.25-0.410.050.18-0.38-0.21-0.18
0.970.340.960.970.930.910.89-0.190.630.960.980.880.92-0.570.960.98-0.70.970.480.840.88-0.390.810.970.97
0.67-0.460.70.670.520.830.86-0.20.630.640.620.470.66-0.570.690.58-0.660.630.970.670.64-0.930.820.690.64
0.980.220.970.980.840.90.89-0.290.960.640.950.890.95-0.610.980.97-0.690.980.50.950.89-0.370.870.980.97
0.930.360.930.930.850.880.87-0.210.980.620.950.940.97-0.670.950.96-0.70.930.450.830.93-0.370.770.930.93
0.840.440.850.830.690.770.76-0.430.880.470.890.940.91-0.550.880.89-0.540.850.310.80.81-0.250.670.830.84
0.920.220.920.920.790.870.87-0.170.920.660.950.970.91-0.780.930.95-0.740.910.480.850.97-0.390.790.910.91
-0.580.05-0.61-0.57-0.45-0.59-0.64-0.26-0.57-0.57-0.61-0.67-0.55-0.78-0.61-0.570.78-0.56-0.41-0.54-0.890.37-0.52-0.57-0.56
0.980.211.00.980.860.930.93-0.290.960.690.980.950.880.93-0.610.94-0.680.980.550.940.88-0.440.870.980.97
0.970.350.930.970.90.890.85-0.20.980.580.970.960.890.95-0.570.94-0.670.970.420.850.88-0.320.790.960.97
-0.71-0.01-0.69-0.72-0.59-0.75-0.77-0.32-0.7-0.66-0.69-0.7-0.54-0.740.78-0.68-0.67-0.7-0.52-0.6-0.830.49-0.6-0.72-0.71
1.00.280.981.00.910.940.91-0.190.970.630.980.930.850.91-0.560.980.97-0.70.480.910.86-0.380.821.01.0
0.53-0.610.570.520.380.710.74-0.250.480.970.50.450.310.48-0.410.550.42-0.520.480.560.46-0.950.760.550.49
0.930.030.950.920.70.840.85-0.410.840.670.950.830.80.85-0.540.940.85-0.60.910.560.77-0.40.920.920.9
0.870.190.870.870.770.830.840.050.880.640.890.930.810.97-0.890.880.88-0.830.860.460.77-0.380.730.860.86
-0.410.57-0.45-0.41-0.31-0.67-0.70.18-0.39-0.93-0.37-0.37-0.25-0.390.37-0.44-0.320.49-0.38-0.95-0.4-0.38-0.57-0.45-0.41
0.86-0.190.880.850.660.820.83-0.380.810.820.870.770.670.79-0.520.870.79-0.60.820.760.920.73-0.570.860.81
1.00.190.981.00.90.950.93-0.210.970.690.980.930.830.91-0.570.980.96-0.721.00.550.920.86-0.450.861.0
0.990.270.970.990.910.950.92-0.180.970.640.970.930.840.91-0.560.970.97-0.711.00.490.90.86-0.410.811.0
Click cells to compare fundamentals

Northking Information Account Relationship Matchups

Northking Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets890.2M2.1B2.4B2.7B3.1B1.8B
Other Current Liab31.0M37.2M55.7M36.6M998.8K948.9K
Total Current Liabilities257.9M313.4M407.3M451.0M506.8M338.7M
Total Stockholder Equity630.4M1.8B2.0B2.2B2.5B1.4B
Other Liab1.9M3.5M3.0M2.5M2.9M2.3M
Net Tangible Assets630.3M1.8B2.0B2.2B2.6B2.7B
Retained Earnings286.2M562.3M760.8M1.0B1.2B1.2B
Accounts Payable8.5M9.0M2.8M2.9M2.3M4.4M
Cash366.2M622.3M861.2M653.2M809.8M537.6M
Non Current Assets Total71.6M81.5M133.2M113.8M449.8M472.2M
Other Assets5.1M12.3M19.0M19.3M22.3M11.4M
Net Receivables438.1M563.5M1.1B777.2M892.2M638.8M
Non Current Liabilities Total1.9M3.5M37.8M27.1M20.0M12.9M
Inventory7.3M11.0M23.3M18.8M21.0M14.4M
Other Current Assets7.0M16.7M6.3M8.1M5.4M7.5M
Total Liab259.8M316.9M445.1M478.1M526.8M351.6M
Deferred Long Term Liab1.3M6.3M9.2M7.1M8.1M4.5M
Total Current Assets818.6M2.0B2.3B2.6B2.6B1.6B
Intangible Assets73.1K103.8K665.3K627.9K339.8M356.8M
Property Plant Equipment66.4M69.1M113.5M93.8M107.9M79.3M
Net Invested Capital676.4M1.8B2.0B2.2B2.5B1.6B
Net Working Capital560.7M1.7B1.9B2.1B2.1B1.4B

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Other Information on Investing in Northking Stock

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