BYD Inventory vs Long Term Debt Analysis

0VSO Stock

35.60 3.24 10.01%

BYD Co financial indicator trend analysis is way more than just evaluating BYD Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BYD Co is a good investment. Please check the relationship between BYD Co Inventory and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYD 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 board of governors.

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BYD Co Inventory account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between BYD Co's Inventory and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of BYD Co, assuming nothing else is changed. The correlation between historical values of BYD Co's Inventory 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 Inventory of BYD Co 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 Inventory i.e., BYD Co's Inventory and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Inventory

Long Term Debt

Long-term debt is a debt that BYD Co has held for over one year. Long-term debt appears on BYD Co 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 BYD Co 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 BYD Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BYD Co 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 BYD 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 board of governors.

Tax Provision is likely to drop to about 608.4 M in 2024. Selling General Administrative is likely to drop to about 9.4 B in 2024

	2019	2020	2023	2024 (projected)
Gross Profit	19.8B	28.9B	33.3B	23.7B
Total Revenue	127.7B	156.6B	180.1B	137.2B

Gross Profit Total Revenue

BYD Co fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.92	0.74	0.94	0.83	0.98	0.86	0.92	0.98	0.96	-0.46	0.63	0.89	0.88	-0.82	1.0	0.9	-0.54	0.98	0.71	0.71	0.14	0.66	0.66	0.72	0.67
Short Long Term Debt Total	0.92		0.67	0.85	0.84	0.93	0.84	1.0	0.93	0.85	-0.3	0.53	0.93	0.77	-0.86	0.92	0.89	-0.73	0.91	0.66	0.65	0.21	0.63	0.61	0.76	0.61
Total Current Liabilities	0.74	0.67		0.85	0.86	0.71	0.91	0.67	0.71	0.79	-0.79	0.83	0.78	0.96	-0.82	0.72	0.8	-0.6	0.69	0.88	1.0	-0.15	0.93	0.99	0.86	0.99
Total Stockholder Equity	0.94	0.85	0.85		0.86	0.9	0.88	0.86	0.9	0.92	-0.66	0.85	0.86	0.92	-0.81	0.92	0.87	-0.56	0.91	0.87	0.83	0.08	0.76	0.8	0.79	0.8
Retained Earnings	0.83	0.84	0.86	0.86		0.84	0.85	0.84	0.84	0.87	-0.43	0.72	0.94	0.87	-0.83	0.82	0.94	-0.74	0.76	0.87	0.85	-0.09	0.8	0.84	0.94	0.84
Cash	0.98	0.93	0.71	0.9	0.84		0.86	0.94	1.0	0.95	-0.38	0.57	0.92	0.84	-0.86	0.99	0.92	-0.62	0.95	0.68	0.68	0.05	0.66	0.63	0.74	0.64
Other Assets	0.86	0.84	0.91	0.88	0.85	0.86		0.84	0.86	0.85	-0.66	0.72	0.9	0.93	-0.93	0.85	0.9	-0.69	0.84	0.82	0.89	-0.03	0.91	0.86	0.87	0.88
Long Term Debt	0.92	1.0	0.67	0.86	0.84	0.94	0.84		0.94	0.86	-0.31	0.53	0.93	0.77	-0.86	0.93	0.89	-0.72	0.92	0.66	0.65	0.22	0.63	0.61	0.76	0.61
Cash And Short Term Investments	0.98	0.93	0.71	0.9	0.84	1.0	0.86	0.94		0.95	-0.38	0.57	0.92	0.84	-0.86	0.99	0.92	-0.62	0.95	0.68	0.68	0.05	0.66	0.63	0.74	0.64
Net Receivables	0.96	0.85	0.79	0.92	0.87	0.95	0.85	0.86	0.95		-0.47	0.67	0.86	0.9	-0.76	0.96	0.88	-0.47	0.95	0.73	0.76	0.12	0.66	0.72	0.74	0.71
Good Will	-0.46	-0.3	-0.79	-0.66	-0.43	-0.38	-0.66	-0.31	-0.38	-0.47		-0.83	-0.36	-0.73	0.54	-0.42	-0.38	0.27	-0.44	-0.71	-0.8	0.13	-0.71	-0.79	-0.46	-0.8
Capital Surpluse	0.63	0.53	0.83	0.85	0.72	0.57	0.72	0.53	0.57	0.67	-0.83		0.62	0.77	-0.62	0.59	0.64	-0.48	0.58	0.94	0.84	-0.13	0.75	0.83	0.72	0.83
Inventory	0.89	0.93	0.78	0.86	0.94	0.92	0.9	0.93	0.92	0.86	-0.36	0.62		0.83	-0.91	0.89	0.99	-0.8	0.83	0.8	0.76	-0.07	0.81	0.73	0.92	0.75
Other Current Assets	0.88	0.77	0.96	0.92	0.87	0.84	0.93	0.77	0.84	0.9	-0.73	0.77	0.83		-0.84	0.86	0.86	-0.55	0.83	0.83	0.95	-0.04	0.87	0.93	0.82	0.92
Other Stockholder Equity	-0.82	-0.86	-0.82	-0.81	-0.83	-0.86	-0.93	-0.86	-0.86	-0.76	0.54	-0.62	-0.91	-0.84		-0.82	-0.87	0.86	-0.76	-0.74	-0.81	0.21	-0.86	-0.79	-0.83	-0.81
Total Liab	1.0	0.92	0.72	0.92	0.82	0.99	0.85	0.93	0.99	0.96	-0.42	0.59	0.89	0.86	-0.82		0.89	-0.53	0.98	0.67	0.68	0.15	0.64	0.64	0.7	0.64
Total Current Assets	0.9	0.89	0.8	0.87	0.94	0.92	0.9	0.89	0.92	0.88	-0.38	0.64	0.99	0.86	-0.87	0.89		-0.71	0.84	0.82	0.77	-0.06	0.83	0.74	0.93	0.76
Short Term Debt	-0.54	-0.73	-0.6	-0.56	-0.74	-0.62	-0.69	-0.72	-0.62	-0.47	0.27	-0.48	-0.8	-0.55	0.86	-0.53	-0.71		-0.44	-0.65	-0.61	0.36	-0.71	-0.62	-0.78	-0.64
Intangible Assets	0.98	0.91	0.69	0.91	0.76	0.95	0.84	0.92	0.95	0.95	-0.44	0.58	0.83	0.83	-0.76	0.98	0.84	-0.44		0.64	0.66	0.32	0.58	0.6	0.64	0.6
Common Stock	0.71	0.66	0.88	0.87	0.87	0.68	0.82	0.66	0.68	0.73	-0.71	0.94	0.8	0.83	-0.74	0.67	0.82	-0.65	0.64		0.88	-0.17	0.87	0.87	0.9	0.89
Property Plant Equipment	0.71	0.65	1.0	0.83	0.85	0.68	0.89	0.65	0.68	0.76	-0.8	0.84	0.76	0.95	-0.81	0.68	0.77	-0.61	0.66	0.88		-0.14	0.92	1.0	0.85	0.99
Short Term Investments	0.14	0.21	-0.15	0.08	-0.09	0.05	-0.03	0.22	0.05	0.12	0.13	-0.13	-0.07	-0.04	0.21	0.15	-0.06	0.36	0.32	-0.17	-0.14		-0.3	-0.2	-0.19	-0.24
Other Current Liab	0.66	0.63	0.93	0.76	0.8	0.66	0.91	0.63	0.66	0.66	-0.71	0.75	0.81	0.87	-0.86	0.64	0.83	-0.71	0.58	0.87	0.92	-0.3		0.91	0.91	0.95
Other Liab	0.66	0.61	0.99	0.8	0.84	0.63	0.86	0.61	0.63	0.72	-0.79	0.83	0.73	0.93	-0.79	0.64	0.74	-0.62	0.6	0.87	1.0	-0.2	0.91		0.84	0.99
Net Tangible Assets	0.72	0.76	0.86	0.79	0.94	0.74	0.87	0.76	0.74	0.74	-0.46	0.72	0.92	0.82	-0.83	0.7	0.93	-0.78	0.64	0.9	0.85	-0.19	0.91	0.84		0.86
Accounts Payable	0.67	0.61	0.99	0.8	0.84	0.64	0.88	0.61	0.64	0.71	-0.8	0.83	0.75	0.92	-0.81	0.64	0.76	-0.64	0.6	0.89	0.99	-0.24	0.95	0.99	0.86

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BYD Co Account Relationship Matchups

BYD Co fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	178.1B	194.6B	195.6B	201.0B	231.2B	201.2B
Short Long Term Debt Total	10.9B	13.9B	22.5B	24.5B	28.1B	17.8B
Total Current Liabilities	108.0B	106.4B	171.3B	333.3B	383.3B	402.5B
Total Stockholder Equity	55.0B	55.2B	56.8B	56.9B	65.4B	60.5B
Retained Earnings	25.2B	28.9B	31.5B	47.8B	54.9B	31.4B
Cash	9.9B	13.1B	11.7B	13.7B	15.8B	12.3B
Other Assets	9.4B	9.1B	8.7B	18.4B	21.1B	22.2B
Long Term Debt	10.9B	13.9B	21.9B	23.6B	27.2B	17.5B
Cash And Short Term Investments	9.9B	13.1B	11.7B	13.7B	15.8B	12.3B
Net Receivables	60.6B	57.7B	56.1B	68.2B	78.5B	63.3B
Capital Surpluse	24.5B	24.5B	24.5B	24.7B	28.4B	27.0B
Inventory	26.3B	25.6B	31.4B	43.4B	49.9B	30.0B
Other Current Assets	8.2B	8.0B	10.6B	21.4B	24.6B	25.8B
Other Stockholder Equity	3.6B	4.3B	542.6M	(113.7M)	(102.3M)	(97.2M)
Total Liab	123.1B	139.4B	138.9B	144.1B	165.8B	140.6B
Total Current Assets	115.2B	107.0B	111.6B	166.1B	191.0B	124.8B
Short Term Debt	62.6B	58.9B	59.0B	25.3B	22.8B	40.7B
Intangible Assets	14.2B	16.7B	18.4B	16.7B	19.2B	17.2B
Property Plant Equipment	60.8B	61.6B	83.1B	179.6B	206.6B	216.9B
Other Liab	2.5B	5.7B	8.0B	28.9B	33.3B	34.9B
Net Tangible Assets	44.0B	45.0B	77.9B	87.7B	100.9B	65.7B
Accounts Payable	36.2B	51.9B	80.5B	143.8B	165.3B	173.6B

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BYD Inventory vs Long Term Debt Analysis

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

Correlation Coefficient

Inventory

Long Term Debt

BYD Co fundamental ratios Correlations

BYD Co Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BYD Co fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Property Plant Equipment	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Other Liab	+ 1.0	Property Plant Equipment
Other Liab	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.93	Other Assets
Other Stockholder Equity	- 0.91	Inventory
Total Current Assets	- 0.87	Other Stockholder Equity
Other Current Liab	- 0.86	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Cash And Short Term Investments
Other Stockholder Equity	- 0.86	Long Term Debt