Jiangsu Long Term Debt vs Intangible Assets Analysis

300013 Stock   3.73  0.06  1.63%   
Jiangsu Xinning financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinning Modern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinning Modern is a good investment. Please check the relationship between Jiangsu Xinning 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 Jiangsu Xinning Modern. 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.

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 Jiangsu Xinning Modern Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Xinning's Long Term Debt and Intangible Assets is 0.92. 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 Jiangsu Xinning Modern, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinning'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 Jiangsu Xinning Modern 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., Jiangsu Xinning's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Jiangsu Xinning Modern has held for over one year. Long-term debt appears on Jiangsu Xinning Modern 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 Jiangsu Xinning Modern 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 Jiangsu Xinning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinning Modern 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 Jiangsu Xinning Modern. 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.
As of November 23, 2024, Selling General Administrative is expected to decline to about 41.2 M. The current year's Tax Provision is expected to grow to about (2.1 M)
 2021 2022 2023 2024 (projected)
Gross Profit221.2M125.5M46.7M44.4M
Research Development34.7M8.5M7.1M6.8M

Jiangsu Xinning fundamental ratios Correlations

0.790.80.860.250.810.380.940.950.490.760.870.350.59-0.050.740.710.320.160.30.720.470.380.450.320.42
0.790.640.790.430.730.420.810.750.580.580.80.050.39-0.340.650.60.470.270.360.810.270.590.480.340.35
0.80.640.48-0.250.780.00.780.850.360.950.760.740.780.410.480.6-0.16-0.370.090.630.7-0.04-0.070.380.5
0.860.790.480.660.670.680.830.760.570.390.71-0.130.24-0.520.840.530.720.580.440.670.120.730.710.250.14
0.250.43-0.250.660.060.660.310.160.44-0.310.22-0.81-0.33-0.960.370.210.980.940.270.39-0.520.940.890.16-0.21
0.810.730.780.670.060.290.720.770.630.660.610.460.390.070.780.30.16-0.030.440.540.560.210.10.170.17
0.380.420.00.680.660.290.250.230.52-0.110.15-0.35-0.16-0.640.570.020.680.60.30.25-0.330.650.510.16-0.23
0.940.810.780.830.310.720.250.970.390.740.860.250.54-0.10.680.740.390.150.30.870.480.480.470.490.43
0.950.750.850.760.160.770.230.970.410.810.820.410.590.050.640.680.26-0.010.180.840.490.370.340.540.47
0.490.580.360.570.440.630.520.390.410.240.44-0.040.1-0.340.420.220.460.350.090.39-0.140.490.40.2-0.02
0.760.580.950.39-0.310.66-0.110.740.810.240.80.740.890.490.330.7-0.26-0.410.00.570.68-0.12-0.050.340.74
0.870.80.760.710.220.610.150.860.820.440.80.270.74-0.050.460.920.220.150.110.690.380.330.510.240.63
0.350.050.74-0.13-0.810.46-0.350.250.41-0.040.740.270.630.890.090.17-0.73-0.83-0.10.070.75-0.66-0.610.10.37
0.590.390.780.24-0.330.39-0.160.540.590.10.890.740.630.50.050.76-0.36-0.34-0.170.330.55-0.240.00.120.81
-0.05-0.340.41-0.52-0.960.07-0.64-0.10.05-0.340.49-0.050.890.5-0.3-0.01-0.93-0.92-0.27-0.250.61-0.88-0.77-0.040.36
0.740.650.480.840.370.780.570.680.640.420.330.460.090.05-0.30.180.490.330.710.50.40.460.320.12-0.1
0.710.60.60.530.210.30.020.740.680.220.70.920.170.76-0.010.180.170.15-0.040.620.280.280.560.290.73
0.320.47-0.160.720.980.160.680.390.260.46-0.260.22-0.73-0.36-0.930.490.170.880.360.48-0.410.960.840.27-0.28
0.160.27-0.370.580.94-0.030.60.15-0.010.35-0.410.15-0.83-0.34-0.920.330.150.880.310.12-0.510.780.87-0.16-0.26
0.30.360.090.440.270.440.30.30.180.090.00.11-0.1-0.17-0.270.71-0.040.360.310.210.480.260.2-0.08-0.21
0.720.810.630.670.390.540.250.870.840.390.570.690.070.33-0.250.50.620.480.120.210.260.640.450.780.34
0.470.270.70.12-0.520.56-0.330.480.49-0.140.680.380.750.550.610.40.28-0.41-0.510.480.26-0.4-0.340.050.32
0.380.59-0.040.730.940.210.650.480.370.49-0.120.33-0.66-0.24-0.880.460.280.960.780.260.64-0.40.820.43-0.1
0.450.48-0.070.710.890.10.510.470.340.4-0.050.51-0.610.0-0.770.320.560.840.870.20.45-0.340.820.130.09
0.320.340.380.250.160.170.160.490.540.20.340.240.10.12-0.040.120.290.27-0.16-0.080.780.050.430.130.2
0.420.350.50.14-0.210.17-0.230.430.47-0.020.740.630.370.810.36-0.10.73-0.28-0.26-0.210.340.32-0.10.090.2
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Jiangsu Xinning Account Relationship Matchups

Jiangsu Xinning fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.1B881.8M759.4M559.8M1.0B
Other Current Liab68.1M73.3M14.0M31.4M24.6K23.4K
Total Current Liabilities834.2M666.6M482.1M426.0M611.2M390.6M
Total Stockholder Equity808.0M213.9M21.7M19.6M(136.7M)(129.8M)
Retained Earnings(387.9M)(987.9M)(1.2B)(1.2B)(1.4B)(1.3B)
Accounts Payable200.9M194.8M163.1M109.7M101.2M128.3M
Cash163.4M79.2M59.4M107.9M43.9M41.7M
Other Assets267.0M79.3M34.4M25.4M29.2M27.8M
Net Receivables778.8M292.3M277.9M193.1M138.2M273.2M
Other Current Assets56.1M41.4M14.0M12.1M9.7M9.2M
Total Liab1.1B859.6M836.0M714.8M673.8M501.9M
Intangible Assets119.7M122.6M37.0M28.3M25.1M23.9M
Property Plant Equipment331.1M313.4M361.3M306.0M351.9M220.4M
Other Liab101.1M102.5M180.0M160.7M184.8M194.1M
Inventory46.8M28.6M2.5M2.9M2.3M2.2M
Long Term Debt164.5M90.6M30M20.0M23.1M21.9M
Net Tangible Assets638.2M103.3M(10.7M)(8.1M)(7.3M)(6.9M)
Other Stockholder Equity(7.8M)(2.5M)(5.3M)(5.7M)(5.2M)(4.9M)
Deferred Long Term Liab111.2M52.0M22.0M16.7M15.0M14.3M
Total Current Assets1.0B524.8M353.9M331.6M210.4M199.8M
Non Current Assets Total895.2M584.1M528.0M427.8M349.4M660.9M
Non Currrent Assets Other895.2M1.7M5.8M1.5M1.4M1.3M
Non Current Liabilities Total265.6M193.1M353.9M288.8M62.6M59.5M
Short Long Term Debt442.7M329.0M192.8M170.5M210.5M216.0M
Non Current Liabilities Other92.1M90.3M179.5M159.7M1.6M1.6M
Net Debt443.8M340.3M163.3M82.6M166.6M222.8M
Net Invested Capital1.4B633.4M244.5M210.2M73.8M70.1M
Net Working Capital210.8M(141.8M)(128.2M)(94.3M)(400.8M)(380.8M)

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Other Information on Investing in Jiangsu Stock

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