Nanjing Long Term Debt vs Intangible Assets Analysis

200468 Stock   4.60  0.12  2.68%   
Nanjing Putian financial indicator trend analysis is infinitely more than just investigating Nanjing Putian Telec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Putian Telec is a good investment. Please check the relationship between Nanjing Putian Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Putian Telecommunications. 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Putian Telec Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nanjing Putian's Long Term Debt and Intangible Assets is -0.06. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Nanjing Putian Telecommunications, assuming nothing else is changed. The correlation between historical values of Nanjing Putian's Long Term Debt 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 Long Term Debt of Nanjing Putian Telecommunications 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 Long Term Debt i.e., Nanjing Putian's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Nanjing Putian Telec has held for over one year. Long-term debt appears on Nanjing Putian Telecommunications 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 Nanjing Putian Telecommunications 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Nanjing Putian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Putian Telec 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 Nanjing Putian Telecommunications. 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 Selling General Administrative is expected to grow to about 146.1 M. The current year's Tax Provision is expected to grow to about 5.4 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses3.5M3.4M3.0M4.8M
Research Development55.5M42.7M38.0M48.6M

Nanjing Putian fundamental ratios Correlations

0.730.920.650.720.90.86-0.10.880.230.850.340.98-0.220.230.37-0.21-0.470.770.7-0.680.820.78-0.480.740.81
0.730.790.610.670.540.51-0.220.780.010.740.560.720.140.480.390.16-0.560.710.6-0.470.630.64-0.560.590.63
0.920.790.670.740.90.79-0.20.950.20.90.370.94-0.220.540.45-0.23-0.680.80.74-0.630.790.81-0.670.790.78
0.650.610.670.990.450.46-0.410.74-0.530.710.490.520.130.590.74-0.42-0.690.980.9-0.810.880.89-0.770.880.95
0.720.670.740.990.530.52-0.380.8-0.450.740.510.60.130.590.71-0.37-0.720.990.92-0.790.90.91-0.790.880.96
0.90.540.90.450.530.870.00.810.460.810.120.94-0.430.30.25-0.32-0.50.610.59-0.50.60.59-0.470.580.62
0.860.510.790.460.520.870.080.640.320.77-0.030.87-0.350.10.21-0.44-0.310.580.5-0.650.610.58-0.320.570.67
-0.1-0.22-0.2-0.41-0.380.00.08-0.270.34-0.23-0.25-0.040.28-0.45-0.880.120.53-0.35-0.380.08-0.27-0.290.53-0.32-0.28
0.880.780.950.740.80.810.64-0.270.080.780.560.86-0.060.560.53-0.08-0.720.840.84-0.550.830.84-0.710.810.79
0.230.010.2-0.53-0.450.460.320.340.080.1-0.270.39-0.57-0.35-0.50.230.26-0.36-0.320.33-0.31-0.320.37-0.35-0.35
0.850.740.90.710.740.810.77-0.230.780.10.140.84-0.320.480.46-0.42-0.590.80.68-0.750.740.74-0.610.730.8
0.340.560.370.490.510.12-0.03-0.250.56-0.270.140.280.370.360.330.28-0.410.50.41-0.180.450.46-0.430.460.42
0.980.720.940.520.60.940.87-0.040.860.390.840.28-0.310.230.27-0.16-0.440.660.61-0.590.730.7-0.420.670.7
-0.220.14-0.220.130.13-0.43-0.350.28-0.06-0.57-0.320.37-0.310.11-0.120.4-0.060.060.10.080.090.1-0.090.070.02
0.230.480.540.590.590.30.1-0.450.56-0.350.480.360.230.110.6-0.21-0.870.590.58-0.30.440.52-0.870.590.46
0.370.390.450.740.710.250.21-0.880.53-0.50.460.330.27-0.120.6-0.31-0.730.680.68-0.420.610.62-0.770.650.63
-0.210.16-0.23-0.42-0.37-0.32-0.440.12-0.080.23-0.420.28-0.160.4-0.21-0.310.22-0.37-0.270.6-0.29-0.290.29-0.39-0.47
-0.47-0.56-0.68-0.69-0.72-0.5-0.310.53-0.720.26-0.59-0.41-0.44-0.06-0.87-0.730.22-0.72-0.720.32-0.59-0.620.99-0.67-0.6
0.770.710.80.980.990.610.58-0.350.84-0.360.80.50.660.060.590.68-0.37-0.720.92-0.790.90.91-0.780.880.96
0.70.60.740.90.920.590.5-0.380.84-0.320.680.410.610.10.580.68-0.27-0.720.92-0.620.860.87-0.760.810.86
-0.68-0.47-0.63-0.81-0.79-0.5-0.650.08-0.550.33-0.75-0.18-0.590.08-0.3-0.420.60.32-0.79-0.62-0.83-0.820.42-0.82-0.9
0.820.630.790.880.90.60.61-0.270.83-0.310.740.450.730.090.440.61-0.29-0.590.90.86-0.830.99-0.640.960.95
0.780.640.810.890.910.590.58-0.290.84-0.320.740.460.70.10.520.62-0.29-0.620.910.87-0.820.99-0.670.980.94
-0.48-0.56-0.67-0.77-0.79-0.47-0.320.53-0.710.37-0.61-0.43-0.42-0.09-0.87-0.770.290.99-0.78-0.760.42-0.64-0.67-0.73-0.68
0.740.590.790.880.880.580.57-0.320.81-0.350.730.460.670.070.590.65-0.39-0.670.880.81-0.820.960.98-0.730.92
0.810.630.780.950.960.620.67-0.280.79-0.350.80.420.70.020.460.63-0.47-0.60.960.86-0.90.950.94-0.680.92
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Nanjing Putian Account Relationship Matchups

Nanjing Putian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.2B993.6M891.4M826.2M1.6B
Other Current Liab82.9M83.9M81.8M71.3M2.0M1.9M
Total Current Liabilities1.3B867.1M848.9M684.8M566.4M538.1M
Total Stockholder Equity169.5M189.6M65.2M22.0M5.1M4.9M
Retained Earnings(224.1M)(202.1M)(340.9M)(388.2M)(405.7M)(385.4M)
Accounts Payable761.2M679.2M539.6M470.9M407.3M621.0M
Cash261.3M209.8M188.7M173.9M178.3M325.8M
Other Assets12.1M9.8M11.8M24.3M28.0M29.3M
Net Receivables799.9M572.1M398.3M304.6M301.6M286.5M
Inventory209.4M199.6M186.5M166.4M122.7M116.6M
Other Current Assets34.7M21.2M37.8M19.1M3.5M3.3M
Total Liab1.4B871.2M848.9M790.6M742.4M1.2B
Intangible Assets28.4M21.3M21.1M20.5M19.6M17.6M
Property Plant Equipment123.8M122.6M118.1M97.9M88.1M94.5M
Other Liab8.7M7.3M6.0M4.0M4.6M4.9M
Net Tangible Assets141.2M168.4M44.1M1.5M1.4M1.3M
Other Stockholder Equity39.0M38.9M(6.8M)(1.9M)(1.7M)(1.6M)
Deferred Long Term Liab4.3M5.5M5.0M4.0M4.5M4.0M
Non Current Assets Total346.7M164.8M162.2M153.9M146.0M203.2M
Non Currrent Assets Other356.0M348.2M346.7M40.9K36.8K35.0K
Non Current Liabilities Total18.8M4.0M0.0105.8M176.0M184.8M
Short Long Term Debt451.9M65M199M112.8M69.9M66.4M
Total Current Assets1.3B1.0B831.4M737.5M680.2M1.0B
Net Debt183.1M190.6M10.3M44.8M67.6M74.2M
Net Invested Capital621.5M254.6M264.2M240.6M251.0M362.3M
Net Working Capital(27.8M)135.6M(17.6M)52.8M113.8M60.3M

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Other Information on Investing in Nanjing Stock

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