Guangdong Total Current Liabilities vs Selling General Administrative Analysis

200539 Stock   2.00  0.01  0.50%   
Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric Total Current Liabilities and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Electric Power. 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.

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Electric Power Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangdong Electric's Total Current Liabilities and Selling General Administrative is 0.65. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric's Total Current Liabilities and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Guangdong Electric Power are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., Guangdong Electric's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Guangdong Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guangdong Electric Power 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.

Selling General Administrative

Most indicators from Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. 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 1.4 B. The current year's Tax Provision is expected to grow to about 829.4 M
 2021 2022 2023 2024 (projected)
EBITDA726.5M2.9B2.6B4.2B
Interest Income133.8M132.6M124.3M100.5M

Guangdong Electric fundamental ratios Correlations

0.40.970.39-0.190.560.970.950.980.980.320.66-0.270.990.880.560.960.220.360.170.66-0.210.740.810.820.54
0.40.50.470.210.770.230.480.270.490.320.740.050.360.410.470.530.30.8-0.060.580.190.310.530.470.29
0.970.50.31-0.280.680.910.940.930.990.340.73-0.220.970.80.480.940.40.430.160.69-0.150.730.80.850.49
0.390.470.310.770.370.230.330.240.30.720.47-0.020.250.450.910.59-0.040.180.270.41-0.150.350.380.20.56
-0.190.21-0.280.77-0.09-0.32-0.18-0.32-0.270.39-0.050.15-0.340.010.510.04-0.36-0.040.260.01-0.08-0.11-0.12-0.320.3
0.560.770.680.37-0.090.410.610.470.630.580.93-0.060.550.410.50.620.60.72-0.210.620.250.460.640.650.3
0.970.230.910.23-0.320.410.920.990.940.140.51-0.360.980.880.430.870.10.270.180.6-0.250.740.790.820.52
0.950.480.940.33-0.180.610.920.930.950.240.69-0.340.950.890.470.90.160.470.160.77-0.170.770.810.860.47
0.980.270.930.24-0.320.470.990.930.940.20.58-0.30.990.880.460.890.120.330.090.58-0.190.70.780.820.49
0.980.490.990.3-0.270.630.940.950.940.250.69-0.240.980.840.480.930.330.420.20.73-0.180.780.820.870.51
0.320.320.340.720.390.580.140.240.20.250.650.10.240.150.70.480.410.15-0.040.240.080.250.260.230.25
0.660.740.730.47-0.050.930.510.690.580.690.65-0.110.650.560.630.710.450.73-0.240.670.140.570.740.730.37
-0.270.05-0.22-0.020.15-0.06-0.36-0.34-0.3-0.240.1-0.11-0.28-0.47-0.04-0.150.18-0.07-0.27-0.480.42-0.47-0.42-0.32-0.35
0.990.360.970.25-0.340.550.980.950.990.980.240.65-0.280.850.450.910.250.370.120.63-0.170.730.80.850.48
0.880.410.80.450.010.410.880.890.880.840.150.56-0.470.850.60.84-0.180.450.190.71-0.210.740.870.790.69
0.560.470.480.910.510.50.430.470.460.480.70.63-0.040.450.60.70.040.310.090.51-0.060.520.610.470.63
0.960.530.940.590.040.620.870.90.890.930.480.71-0.150.910.840.70.260.380.240.67-0.180.690.770.750.58
0.220.30.4-0.04-0.360.60.10.160.120.330.410.450.180.25-0.180.040.260.050.060.280.010.230.090.25-0.15
0.360.80.430.18-0.040.720.270.470.330.420.150.73-0.070.370.450.310.380.05-0.50.420.360.20.60.510.26
0.17-0.060.160.270.26-0.210.180.160.090.2-0.04-0.24-0.270.120.190.090.240.06-0.50.38-0.410.310.010.070.21
0.660.580.690.410.010.620.60.770.580.730.240.67-0.480.630.710.510.670.280.420.38-0.240.870.750.810.48
-0.210.19-0.15-0.15-0.080.25-0.25-0.17-0.19-0.180.080.140.42-0.17-0.21-0.06-0.180.010.36-0.41-0.24-0.42-0.090.05-0.33
0.740.310.730.35-0.110.460.740.770.70.780.250.57-0.470.730.740.520.690.230.20.310.87-0.420.780.840.55
0.810.530.80.38-0.120.640.790.810.780.820.260.74-0.420.80.870.610.770.090.60.010.75-0.090.780.880.78
0.820.470.850.2-0.320.650.820.860.820.870.230.73-0.320.850.790.470.750.250.510.070.810.050.840.880.45
0.540.290.490.560.30.30.520.470.490.510.250.37-0.350.480.690.630.58-0.150.260.210.48-0.330.550.780.45
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Guangdong Electric Account Relationship Matchups

Guangdong Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.5B86.0B114.3B131.5B161.2B169.3B
Other Current Liab4.2B8.0B11.3B10.3B2.8B3.7B
Total Current Liabilities19.7B27.9B37.8B42.0B46.8B49.2B
Total Stockholder Equity26.2B27.4B23.2B20.2B22.1B16.9B
Retained Earnings14.2B16.6B11.9B200.7M1.3B1.2B
Accounts Payable3.8B4.1B7.3B7.4B5.2B3.1B
Cash5.1B5.8B8.1B11.5B16.4B17.3B
Other Assets2.5B3.3B3.9B6.4B7.3B7.7B
Long Term Debt20.6B20.5B37.6B52.0B67.9B71.3B
Net Receivables3.4B5.3B7.0B7.6B9.0B9.4B
Inventory1.8B1.7B3.0B3.4B2.7B1.4B
Other Current Assets976.3M1.5B2.3B875.6M1.5B1.4B
Total Liab41.3B50.2B81.5B102.8B127.3B133.7B
Intangible Assets1.8B2.1B2.7B3.3B3.5B3.7B
Property Plant Equipment48.9B49.4B63.7B70.7B81.3B85.4B
Other Liab703.4M1.2B1.4B1.4B1.6B978.2M
Net Tangible Assets22.4B24.3B29.2B20.2B23.3B25.4B
Other Stockholder Equity550.0M1.7B2.0B1.8B2.0B1.0B
Deferred Long Term Liab22.1M19.5M28.3M30.3M27.3M21.8M
Short Long Term Debt5.9B7.6B12.4B16.3B15.8B10.0B
Total Current Assets11.3B18.4B22.9B25.8B31.9B19.1B
Non Current Assets Total64.2B72.4B91.4B105.7B129.3B88.4B
Non Currrent Assets Other2.8B3.2B4.7B6.6B8.8B9.3B
Non Current Liabilities Total21.6B24.9B43.8B60.8B80.5B41.3B
Non Current Liabilities Other216.4M201.0M197.2M795.7M907.2M952.6M
Net Debt18.9B22.3B41.9B56.7B67.3B39.8B
Net Invested Capital50.2B55.5B73.2B88.5B105.8B75.1B
Net Working Capital(8.4B)(11.8B)(14.9B)(16.2B)(14.9B)(15.7B)

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Other Information on Investing in Guangdong Stock

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