Beijing Total Current Liabilities vs Net Receivables Analysis

300010 Stock   10.21  0.38  3.87%   
Beijing Lanxum financial indicator trend analysis is way more than just evaluating Beijing Lanxum Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Lanxum Tech is a good investment. Please check the relationship between Beijing Lanxum Total Current Liabilities and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Lanxum Tech. 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Lanxum Tech Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Lanxum's Total Current Liabilities and Net Receivables is 0.59. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Beijing Lanxum Tech, assuming nothing else is changed. The correlation between historical values of Beijing Lanxum's Total Current Liabilities and Net Receivables 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 Beijing Lanxum Tech are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Beijing Lanxum's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

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

Net Receivables

Most indicators from Beijing Lanxum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Lanxum Tech 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 Beijing Lanxum Tech. 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.
The current year's Selling General Administrative is expected to grow to about 222.7 M, whereas Tax Provision is projected to grow to (24 M).
 2021 2022 2023 2024 (projected)
Research Development89.9M67.1M41.9M83.0M
Minority Interest118.6M23.0M5.1M4.9M

Beijing Lanxum fundamental ratios Correlations

0.830.670.860.120.710.350.70.880.90.850.750.660.740.580.430.750.9-0.770.110.570.480.960.180.4-0.34
0.830.90.48-0.310.880.310.850.730.910.720.930.670.840.560.650.60.6-0.82-0.350.30.820.76-0.210.59-0.7
0.670.90.2-0.530.960.150.880.590.850.670.990.690.870.580.680.430.36-0.77-0.560.190.910.54-0.420.34-0.8
0.860.480.20.50.260.390.320.730.610.630.30.380.40.390.110.640.94-0.530.530.580.00.890.490.250.12
0.12-0.31-0.530.5-0.47-0.35-0.40.31-0.170.19-0.44-0.03-0.44-0.19-0.710.370.480.350.950.59-0.710.20.980.080.8
0.710.880.960.26-0.470.190.830.580.880.720.970.730.870.610.640.510.39-0.74-0.480.240.860.59-0.380.33-0.76
0.350.310.150.39-0.350.190.250.00.24-0.020.16-0.050.430.310.66-0.050.17-0.45-0.27-0.210.270.36-0.4-0.03-0.39
0.70.850.880.32-0.40.830.250.620.750.690.880.580.820.670.610.520.44-0.69-0.440.270.850.61-0.280.29-0.72
0.880.730.590.730.310.580.00.620.760.940.680.720.560.510.170.840.84-0.480.190.640.380.80.420.58-0.22
0.90.910.850.61-0.170.880.240.750.760.780.890.730.830.620.490.610.7-0.85-0.130.370.660.84-0.110.41-0.5
0.850.720.670.630.190.72-0.020.690.940.780.760.810.630.60.220.860.74-0.460.080.640.480.740.30.44-0.32
0.750.930.990.3-0.440.970.160.880.680.890.760.730.860.580.660.550.46-0.76-0.480.280.890.62-0.310.41-0.78
0.660.670.690.38-0.030.73-0.050.580.720.730.810.730.540.610.210.610.46-0.46-0.080.530.510.560.070.3-0.36
0.740.840.870.4-0.440.870.430.820.560.830.630.860.540.740.720.350.45-0.79-0.40.110.810.61-0.390.24-0.65
0.580.560.580.39-0.190.610.310.670.510.620.60.580.610.740.370.240.32-0.51-0.160.190.460.45-0.180.06-0.32
0.430.650.680.11-0.710.640.660.610.170.490.220.660.210.720.370.040.13-0.68-0.74-0.190.750.29-0.660.22-0.87
0.750.60.430.640.370.51-0.050.520.840.610.860.550.610.350.240.040.75-0.270.250.710.320.750.50.57-0.2
0.90.60.360.940.480.390.170.440.840.70.740.460.460.450.320.130.75-0.590.460.670.140.910.520.40.01
-0.77-0.82-0.77-0.530.35-0.74-0.45-0.69-0.48-0.85-0.46-0.76-0.46-0.79-0.51-0.68-0.27-0.590.25-0.21-0.62-0.740.33-0.180.54
0.11-0.35-0.560.530.95-0.48-0.27-0.440.19-0.130.08-0.48-0.08-0.4-0.16-0.740.250.460.250.52-0.740.240.87-0.110.88
0.570.30.190.580.590.24-0.210.270.640.370.640.280.530.110.19-0.190.710.67-0.210.52-0.060.590.680.130.17
0.480.820.910.0-0.710.860.270.850.380.660.480.890.510.810.460.750.320.14-0.62-0.74-0.060.38-0.590.32-0.91
0.960.760.540.890.20.590.360.610.80.840.740.620.560.610.450.290.750.91-0.740.240.590.380.240.36-0.21
0.18-0.21-0.420.490.98-0.38-0.4-0.280.42-0.110.3-0.310.07-0.39-0.18-0.660.50.520.330.870.68-0.590.240.180.68
0.40.590.340.250.080.33-0.030.290.580.410.440.410.30.240.060.220.570.4-0.18-0.110.130.320.360.18-0.36
-0.34-0.7-0.80.120.8-0.76-0.39-0.72-0.22-0.5-0.32-0.78-0.36-0.65-0.32-0.87-0.20.010.540.880.17-0.91-0.210.68-0.36
Click cells to compare fundamentals

Beijing Lanxum Account Relationship Matchups

Beijing Lanxum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B4.5B3.5B2.4B3.0B3.3B
Other Current Liab1.1B1.1B994.5M695.9M926.0M579.8M
Total Current Liabilities3.2B3.1B3.3B2.9B2.0B1.5B
Total Stockholder Equity3.3B761.8M97.5M(649.5M)962.4M1.6B
Retained Earnings(482.4M)(3.0B)(3.6B)(4.3B)(4.3B)(4.1B)
Accounts Payable327.7M429.3M292.5M319.5M222.0M188.3M
Cash458.2M365.5M155.4M130.5M1.2B1.3B
Other Assets461.5M352.4M332.1M295.7M340.1M196.2M
Net Receivables1.5B529.7M833.2M274.0M158.0M150.1M
Inventory426.0M506.4M454.2M342.0M245.9M280.6M
Other Current Assets211.3M132.2M109.2M84.2M42.3M40.1M
Total Liab4.1B3.7B3.5B3.1B2.1B1.7B
Intangible Assets571.2M527.8M460.7M181.4M103.5M98.3M
Property Plant Equipment281.7M288.8M305.3M237.1M272.7M218.3M
Other Liab212.7M131.5M112.8M228.8M263.1M276.2M
Good Will2.9B601.1M331.0M292.9M287.4M273.0M
Net Tangible Assets26.4M(296.9M)(664.6M)(1.1B)(1.0B)(953.3M)
Deferred Long Term Liab155.4M105.5M34.7M10.1M9.1M8.6M
Total Current Assets2.7B2.3B1.8B1.2B1.8B1.8B
Non Current Assets Total5.0B2.3B1.7B1.2B1.1B1.1B
Non Currrent Assets Other371.7M2.8M71.4M66.3M58.6M55.6M
Short Term Investments41.3M104.0M265.9M7.6M6.9M6.5M
Non Current Liabilities Total856.4M594.1M158.2M232.3M89.1M84.7M
Short Long Term Debt774.4M517.4M390.9M391.1M21.8M20.7M
Non Current Liabilities Other19.5M35.2M21.2M215.5M73.9M71.5M
Net Debt858.7M571.3M235.4M260.6M234.5M378.3M
Other Stockholder Equity50.2M20.4M(45.6M)(99.3M)(89.3M)(84.9M)
Net Invested Capital4.7B1.7B488.4M(258.4M)984.2M935.0M
Net Working Capital(524.7M)(833.4M)(1.5B)(1.7B)(133.1M)(139.7M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Beijing Stock

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