East Long Term Debt vs Total Current Assets Analysis

300059 Stock   27.26  1.48  5.74%   
East Money financial indicator trend analysis is much more than just examining East Money Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East Money Information is a good investment. Please check the relationship between East Money Long Term Debt and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in East Money Information. 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 Total Current Assets

Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East Money Information Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between East Money's Long Term Debt and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of East Money Information, assuming nothing else is changed. The correlation between historical values of East Money's Long Term Debt and Total Current 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 East Money Information are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., East Money's Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that East Money Information has held for over one year. Long-term debt appears on East Money Information 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 East Money Information 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from East Money's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East Money Information 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 East Money Information. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 578.9 M. In addition to that, Tax Provision is expected to decline to about 719.7 M
 2021 2022 2023 2024 (projected)
Income Before Tax10.1B9.8B9.3B9.8B
Cost Of Revenue663.4M534.3M538.0M274.6M

East Money fundamental ratios Correlations

0.221.00.990.990.98-0.170.711.00.980.950.560.490.260.960.970.630.990.920.190.320.691.00.860.740.92
0.220.230.190.180.29-0.20.580.230.170.130.430.58-0.150.190.17-0.010.180.220.14-0.230.150.230.30.240.22
1.00.230.990.980.99-0.190.721.00.980.940.580.50.250.950.960.620.980.910.180.290.691.00.860.750.92
0.990.190.990.990.97-0.140.690.980.990.960.550.460.310.970.980.660.990.880.120.370.690.990.820.750.89
0.990.180.980.990.95-0.220.640.980.970.930.490.390.210.990.990.571.00.90.090.30.630.990.850.790.91
0.980.290.990.970.95-0.140.80.990.970.930.650.60.310.90.930.670.950.880.210.30.740.980.840.710.89
-0.17-0.2-0.19-0.14-0.22-0.14-0.04-0.19-0.030.050.220.040.83-0.29-0.280.42-0.21-0.180.260.680.28-0.24-0.27-0.6-0.17
0.710.580.720.690.640.8-0.040.720.70.690.630.930.290.580.610.590.650.640.370.210.730.70.680.460.64
1.00.231.00.980.980.99-0.190.720.970.940.560.510.240.950.960.620.980.930.210.30.691.00.870.740.93
0.980.170.980.990.970.97-0.030.70.970.970.60.490.410.920.950.720.970.870.180.460.750.970.790.680.87
0.950.130.940.960.930.930.050.690.940.970.520.490.420.880.90.770.930.880.290.490.710.920.780.580.89
0.560.430.580.550.490.650.220.630.560.60.520.540.550.40.480.720.490.410.140.260.660.520.480.310.41
0.490.580.50.460.390.60.040.930.510.490.490.540.250.330.350.510.410.470.540.250.660.470.470.210.48
0.26-0.150.250.310.210.310.830.290.240.410.420.550.250.120.180.720.240.10.110.750.630.20.05-0.160.1
0.960.190.950.970.990.9-0.290.580.950.920.880.40.330.120.990.470.980.870.010.250.540.970.820.830.88
0.970.170.960.980.990.93-0.280.610.960.950.90.480.350.180.990.550.990.84-0.030.260.570.970.790.830.84
0.63-0.010.620.660.570.670.420.590.620.720.770.720.510.720.470.550.570.530.350.60.680.560.450.180.53
0.990.180.980.991.00.95-0.210.650.980.970.930.490.410.240.980.990.570.890.070.320.650.990.830.790.89
0.920.220.910.880.90.88-0.180.640.930.870.880.410.470.10.870.840.530.890.460.290.590.910.910.571.0
0.190.140.180.120.090.210.260.370.210.180.290.140.540.110.01-0.030.350.070.460.360.370.150.33-0.350.46
0.32-0.230.290.370.30.30.680.210.30.460.490.260.250.750.250.260.60.320.290.360.640.280.1-0.160.3
0.690.150.690.690.630.740.280.730.690.750.710.660.660.630.540.570.680.650.590.370.640.670.630.340.6
1.00.231.00.990.990.98-0.240.71.00.970.920.520.470.20.970.970.560.990.910.150.280.670.860.780.92
0.860.30.860.820.850.84-0.270.680.870.790.780.480.470.050.820.790.450.830.910.330.10.630.860.640.91
0.740.240.750.750.790.71-0.60.460.740.680.580.310.21-0.160.830.830.180.790.57-0.35-0.160.340.780.640.58
0.920.220.920.890.910.89-0.170.640.930.870.890.410.480.10.880.840.530.891.00.460.30.60.920.910.58
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East Money Account Relationship Matchups

East Money fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.8B110.3B185.0B211.9B239.6B251.6B
Other Current Liab304.1M688.1M2.8B4.7B4.8M4.5M
Total Current Liabilities39.4B75.9B121.1B134.0B150.1B157.6B
Total Stockholder Equity21.2B33.2B44.0B65.2B72.0B75.6B
Retained Earnings5.6B10.1B18.2B25.8B31.6B33.2B
Cash25.0B41.4B59.6B64.2B61.4B64.5B
Net Receivables20.6B726.0M1.8B1.0B795.9M756.1M
Other Current Assets1.8B3.4B5.6B7.5B2.5B1.6B
Total Liab40.6B77.2B141.0B146.7B167.6B176.0B
Common Stock6.7B8.6B10.4B13.2B15.2B16.0B
Property Plant Equipment1.6B1.8B3.0B3.4B3.9B4.1B
Intangible Assets180.3M174.3M174.4M173.5M168.2M91.6M
Accounts Payable550.2M1.8B2.9B3.4B213.7M203.0M
Other Assets371.4M174.4M65.1M135.4M155.7M104.1M
Short Term Investments5.0B20.4B47.5B100.0B114.6B120.3B
Other Liab18.8M64.7M68.4M145.3M167.1M175.5M
Net Tangible Assets18.1B30.0B40.9B62.0B71.4B74.9B
Long Term Debt1.2B1.2B19.7B12.5B17.3B18.1B
Other Stockholder Equity9.6M(41.1M)2.0B77.9M89.6M85.1M
Deferred Long Term Liab75.2M55.7M43.3M56.0M64.4M65.6M
Total Current Assets56.2B104.6B164.1B195.4B216.0B226.8B
Non Current Assets Total5.7B5.7B20.9B16.5B23.6B12.2B
Non Currrent Assets Other(5.2B)(2.1B)(3.1B)400M460M483M
Non Current Liabilities Total1.2B1.3B19.9B12.8B17.5B18.4B
Short Long Term Debt5.2B12.4B4.0B53.5B58.9B61.9B
Non Current Liabilities Other(3.2B)(8.5B)(26.7B)117.6M186.4M195.7M
Common Stock Shares Outstanding9.7B10.3B10.4B13.2B15.9B12.1B
Net Invested Capital27.6B46.7B67.8B131.2B148.1B155.5B
Net Working Capital16.8B28.8B43.0B61.5B65.9B38.6B
Capital Stock6.7B8.6B10.4B13.2B15.9B11.0B

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Other Information on Investing in East Stock

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