Geely Other Current Assets vs Intangible Assets Analysis

0YZ2 Stock   15.00  0.58  4.02%   
Geely Automobile financial indicator trend analysis is much more than just examining Geely Automobile Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geely Automobile Holdings is a good investment. Please check the relationship between Geely Automobile Other Current Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Geely Automobile Holdings. 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.

Other Current Assets vs Intangible Assets

Other Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geely Automobile Holdings Other Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Geely Automobile's Other Current Assets and Intangible Assets is -0.74. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Geely Automobile Holdings, assuming nothing else is changed. The correlation between historical values of Geely Automobile's Other Current Assets and Intangible Assets 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 Current Assets of Geely Automobile Holdings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Current Assets i.e., Geely Automobile's Other Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Geely Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geely Automobile Holdings 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 Geely Automobile Holdings. 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 gain to about 1.2 B in 2025, whereas Selling General Administrative is likely to drop slightly above 9 B in 2025.
 2019 2020 2024 2025 (projected)
Interest Income772.0M1.1B1.2B1.3B
Tax Provision1.4B866.3M779.7M1.2B

Geely Automobile fundamental ratios Correlations

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0.990.940.820.990.980.940.920.980.990.930.67-0.770.880.710.780.920.990.840.990.140.760.910.80.89
0.990.930.860.990.990.930.920.990.980.90.74-0.730.90.750.810.920.990.871.00.180.810.920.840.91
0.970.920.850.980.990.920.941.00.970.910.71-0.710.890.670.820.870.970.850.990.180.810.930.850.92
0.941.00.780.940.930.920.970.930.950.890.64-0.910.920.710.770.790.920.830.930.110.740.910.810.9
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0.970.930.820.980.991.00.930.940.980.90.68-0.730.890.670.780.870.980.840.990.170.780.910.820.9
0.990.950.780.990.980.970.950.920.980.880.63-0.80.880.740.730.920.990.80.980.110.710.870.770.86
0.890.880.840.930.90.910.890.880.90.880.65-0.740.790.50.860.740.870.880.890.190.790.950.820.92
0.710.640.880.670.740.710.640.640.680.630.65-0.440.820.710.860.610.660.840.730.240.940.830.880.85
-0.77-0.91-0.56-0.77-0.73-0.71-0.91-0.82-0.73-0.8-0.74-0.44-0.77-0.6-0.57-0.6-0.74-0.64-0.73-0.14-0.57-0.73-0.57-0.71
0.90.920.780.880.90.890.920.910.890.880.790.82-0.770.770.760.750.870.850.90.00.870.90.850.89
0.80.710.650.710.750.670.710.670.670.740.50.71-0.60.770.550.80.750.690.730.080.590.630.620.65
0.770.770.980.780.810.820.770.780.780.730.860.86-0.570.760.550.620.730.890.810.320.890.940.960.95
0.940.790.720.920.920.870.790.730.870.920.740.61-0.60.750.80.620.950.680.90.10.60.730.640.71
0.990.920.790.990.990.970.920.90.980.990.870.66-0.740.870.750.730.950.810.990.120.720.870.760.85
0.850.830.890.840.870.850.830.880.840.80.880.84-0.640.850.690.890.680.810.860.270.910.960.890.96
0.980.930.860.991.00.990.930.930.990.980.890.73-0.730.90.730.810.90.990.860.210.80.920.840.91
0.140.110.390.140.180.180.110.140.170.110.190.24-0.140.00.080.320.10.120.270.210.30.250.160.29
0.760.740.880.760.810.810.740.770.780.710.790.94-0.570.870.590.890.60.720.910.80.30.930.890.93
0.90.910.930.910.920.930.910.920.910.870.950.83-0.730.90.630.940.730.870.960.920.250.930.931.0
0.80.810.950.80.840.850.810.840.820.770.820.88-0.570.850.620.960.640.760.890.840.160.890.930.95
0.890.890.950.890.910.920.90.910.90.860.920.85-0.710.890.650.950.710.850.960.910.290.931.00.95
Click cells to compare fundamentals

Geely Automobile Account Relationship Matchups

Geely Automobile fundamental ratios Accounts

202020212022202320242025 (projected)
Total Current Liabilities48.5B41.9B60.4B69.0B79.3B55.6B
Retained Earnings43.0B46.3B49.4B52.7B60.6B43.2B
Other Assets22.0B23.6B27.6B32.0B36.8B20.2B
Net Receivables25.9B28.1B31.7B34.5B39.7B22.6B
Inventory4.8B3.7B5.5B10.8B12.4B13.1B
Other Current Assets40.4M174.4M70.8M386.9M348.2M414.9M
Other Stockholder Equity3.7B3.4B1.8B4.2B4.8B5.1B
Total Current Assets50.0B50.9B65.3B79.1B90.9B61.0B
Common Stock167.7M179.7M183.0M183.7M211.2M189.4M
Property Plant Equipment27.1B26.6B30.9B32.2B37.0B25.9B
Other Current Liab9.8B6.5B18.5B11.3B13.0B12.6B
Other Liab301.1M794.2M1.4B2.1B2.5B2.6B
Net Tangible Assets54.4B63.6B68.5B75.1B86.3B67.4B
Accounts Payable33.8B30.2B32.1B45.6B52.4B37.2B
Deferred Long Term Liab17.6B18.6B20.9B22.5B25.9B20.8B

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When running Geely Automobile's price analysis, check to measure Geely Automobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Geely Automobile is operating at the current time. Most of Geely Automobile's value examination focuses on studying past and present price action to predict the probability of Geely Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geely Automobile's price. Additionally, you may evaluate how the addition of Geely Automobile to your portfolios can decrease your overall portfolio volatility.