East Long Term Investments vs Accounts Payable Analysis

300059 Stock   25.14  0.23  0.91%   
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 Investments and its Accounts Payable 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 Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East Money Information Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between East Money's Long Term Investments and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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 Investments and Accounts Payable 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 Investments of East Money Information are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., East Money's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of East Money balance sheet that represents investments East Money Information intends to hold for over a year. East Money Information long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents East Money obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of East Money Information are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 27, 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.