Hubei Other Current Assets vs Long Term Debt Analysis

300054 Stock   27.90  1.08  4.03%   
Hubei Dinglong financial indicator trend analysis is much more than just examining Hubei Dinglong Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Dinglong Chemical is a good investment. Please check the relationship between Hubei Dinglong Other Current Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Dinglong Chemical. 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.

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Dinglong Chemical Other Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Dinglong's Other Current Assets and Long Term Debt is 0.58. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Hubei Dinglong Chemical, assuming nothing else is changed. The correlation between historical values of Hubei Dinglong's Other Current Assets and Long Term Debt 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 Hubei Dinglong Chemical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Assets i.e., Hubei Dinglong's Other Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
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.

Long Term Debt

Long-term debt is a debt that Hubei Dinglong Chemical has held for over one year. Long-term debt appears on Hubei Dinglong Chemical 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 Hubei Dinglong Chemical 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.
Most indicators from Hubei Dinglong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Dinglong Chemical 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 Hubei Dinglong Chemical. 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 236.1 M. The current year's Tax Provision is expected to grow to about 34 M
 2021 2022 2023 2024 (projected)
Operating Income278.9M466.0M353.7M178.3M
Total Revenue2.4B2.7B2.7B2.8B

Hubei Dinglong fundamental ratios Correlations

0.110.870.970.890.980.940.820.960.190.940.830.870.710.950.90.830.70.680.920.830.930.850.80.740.82
0.110.160.150.040.110.130.240.190.40.320.05-0.020.370.110.02-0.07-0.320.310.020.020.110.02-0.120.02-0.2
0.870.160.750.910.780.970.540.93-0.130.90.80.980.510.70.960.870.840.360.690.490.710.510.820.70.92
0.970.150.750.80.980.840.890.90.360.90.770.730.760.980.790.740.540.780.930.910.960.930.70.690.68
0.890.040.910.80.840.940.660.89-0.220.910.910.930.60.740.930.870.760.330.820.560.840.690.870.810.91
0.980.110.780.980.840.880.840.940.240.910.790.790.720.960.850.780.620.720.930.890.940.90.770.760.75
0.940.130.970.840.940.880.650.98-0.080.950.870.960.590.790.980.90.80.450.810.630.820.650.860.810.91
0.820.240.540.890.660.840.650.720.40.770.670.520.810.880.60.550.280.70.910.820.930.910.630.60.46
0.960.190.930.90.890.940.980.720.060.970.850.90.680.870.950.860.720.560.840.730.850.720.820.80.84
0.190.4-0.130.36-0.220.24-0.080.40.060.08-0.2-0.220.30.38-0.19-0.22-0.30.830.190.530.240.37-0.23-0.21-0.3
0.940.320.90.90.910.910.950.770.970.080.890.850.750.860.90.820.60.550.850.690.890.750.780.80.77
0.830.050.80.770.910.790.870.670.85-0.20.890.80.640.710.830.790.580.290.80.570.820.690.780.810.77
0.87-0.020.980.730.930.790.960.520.9-0.220.850.80.440.690.980.890.920.320.710.50.720.530.870.730.98
0.710.370.510.760.60.720.590.810.680.30.750.640.440.780.510.450.150.560.730.650.770.740.510.560.35
0.950.110.70.980.740.960.790.880.870.380.860.710.690.780.750.70.510.770.90.890.930.930.650.610.63
0.90.020.960.790.930.850.980.60.95-0.190.90.830.980.510.750.920.860.350.770.570.770.60.880.80.95
0.83-0.070.870.740.870.780.90.550.86-0.220.820.790.890.450.70.920.790.290.730.560.720.590.830.810.87
0.7-0.320.840.540.760.620.80.280.72-0.30.60.580.920.150.510.860.790.190.550.380.520.350.790.570.96
0.680.310.360.780.330.720.450.70.560.830.550.290.320.560.770.350.290.190.640.870.680.730.280.280.24
0.920.020.690.930.820.930.810.910.840.190.850.80.710.730.90.770.730.550.640.870.980.930.840.80.7
0.830.020.490.910.560.890.630.820.730.530.690.570.50.650.890.570.560.380.870.870.860.90.590.610.48
0.930.110.710.960.840.940.820.930.850.240.890.820.720.770.930.770.720.520.680.980.860.950.780.760.68
0.850.020.510.930.690.90.650.910.720.370.750.690.530.740.930.60.590.350.730.930.90.950.60.610.51
0.8-0.120.820.70.870.770.860.630.82-0.230.780.780.870.510.650.880.830.790.280.840.590.780.60.880.88
0.740.020.70.690.810.760.810.60.8-0.210.80.810.730.560.610.80.810.570.280.80.610.760.610.880.72
0.82-0.20.920.680.910.750.910.460.84-0.30.770.770.980.350.630.950.870.960.240.70.480.680.510.880.72
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Hubei Dinglong Account Relationship Matchups

Hubei Dinglong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.5B5.1B5.6B6.7B7.0B
Other Current Liab31.4M162.7M113.7M150.0M77.5K73.7K
Total Current Liabilities225.2M491.7M577.2M650.6M936.4M983.3M
Total Stockholder Equity3.8B3.5B4.0B4.2B4.5B4.7B
Other Liab54.4M228.8M242.7M279.7M321.6M337.7M
Retained Earnings1.2B1.1B1.2B1.6B1.6B1.7B
Accounts Payable145.7M183.1M254.6M296.2M340.8M357.9M
Cash816.4M1.1B1.0B1.0B1.1B616.2M
Net Receivables490.0M484.2M723.5M837.0M895.8M940.6M
Short Term Investments485.8M245.0M138.0M31.0M66.1M62.8M
Inventory285.6M401.3M523.9M546.9M499.1M524.0M
Other Current Assets40.2M72.3M153.7M104.7M108.7M114.1M
Total Liab303.0M721.0M852.1M1.1B1.8B1.9B
Intangible Assets294.3M380.1M363.6M287.1M284.5M163.6M
Common Stock981.5M933.0M940.6M947.9M1.1B1.1B
Property Plant Equipment492.7M684.5M901.1M1.4B1.6B1.7B
Other Assets154.3M125.2M202.4M282.6M325.0M341.2M
Good Will877.6M905.8M580.9M537.2M617.8M677.7M
Net Tangible Assets2.6B2.6B3.1B3.4B3.9B2.6B
Deferred Long Term Liab54.4M23.0M39.6M38.7M44.5M37.8M
Total Current Assets2.1B2.4B2.6B2.7B2.8B2.4B
Non Current Assets Total2.1B2.0B2.5B3.0B3.9B2.6B
Non Currrent Assets Other92.2M37.5M112.7M164.9M134.6M81.0M
Non Current Liabilities Total77.7M229.3M274.9M486.0M895.5M940.3M
Common Stock Shares Outstanding981.5M933.0M940.6M947.9M945.2M762.2M
Net Invested Capital3.8B3.6B4.2B4.5B5.3B4.5B
Net Working Capital1.9B1.9B2.1B2.0B1.9B2.1B
Capital Stock981.5M933.0M940.6M947.9M945.2M761.1M

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Other Information on Investing in Hubei Stock

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