Shandong Long Term Debt vs Short Term Debt Analysis

300243 Stock

11.00 0.01 0.09%

Shandong Ruifeng financial indicator trend analysis is much more than just breaking down Shandong Ruifeng Chemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Ruifeng Chemical is a good investment. Please check the relationship between Shandong Ruifeng Long Term Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Ruifeng 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.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Ruifeng Chemical Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shandong Ruifeng's Long Term Debt and Short Term Debt is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Shandong Ruifeng Chemical, assuming nothing else is changed. The correlation between historical values of Shandong Ruifeng's Long Term Debt and Short 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 Long Term Debt of Shandong Ruifeng Chemical are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Shandong Ruifeng's Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

Long-term debt is a debt that Shandong Ruifeng Chemical has held for over one year. Long-term debt appears on Shandong Ruifeng 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 Shandong Ruifeng 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.

Short Term Debt

Most indicators from Shandong Ruifeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Ruifeng 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 Shandong Ruifeng 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 111.7 M. In addition to that, Tax Provision is expected to decline to about 4.5 M

	2021	2022	2023	2024 (projected)
Operating Income	153.3M	73.2M	110.0M	80.9M
Total Revenue	1.9B	1.8B	1.8B	1.1B

Operating Income Total Revenue

Shandong Ruifeng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Treasury Stock	Net Tangible Assets	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Debt
Total Assets		-0.78	0.67	0.97	0.94	0.81	0.86	0.59	0.26	0.76	-0.04	0.83	0.74	0.68	0.97	0.67	0.27	0.61	0.82	0.65	0.7	0.55	0.84	0.69	0.88	0.75
Other Current Liab	-0.78		-0.59	-0.71	-0.61	-0.52	-0.77	-0.5	0.0	-0.68	-0.24	-0.72	-0.45	-0.43	-0.77	-0.29	-0.08	-0.29	-0.53	-0.34	-0.56	-0.19	-0.71	-0.49	-0.72	-0.74
Total Current Liabilities	0.67	-0.59		0.56	0.58	0.57	0.4	0.92	0.56	0.57	-0.28	0.84	0.75	0.74	0.55	0.31	0.38	0.63	0.47	0.42	0.43	0.27	0.48	0.42	0.35	0.45
Total Stockholder Equity	0.97	-0.71	0.56		0.97	0.83	0.85	0.47	0.25	0.75	0.03	0.75	0.72	0.7	0.95	0.77	0.31	0.62	0.84	0.73	0.64	0.64	0.81	0.71	0.85	0.68
Retained Earnings	0.94	-0.61	0.58	0.97		0.88	0.74	0.52	0.27	0.71	-0.07	0.76	0.81	0.76	0.93	0.84	0.3	0.73	0.89	0.81	0.6	0.72	0.8	0.8	0.81	0.65
Accounts Payable	0.81	-0.52	0.57	0.83	0.88		0.6	0.54	0.19	0.82	-0.03	0.84	0.72	0.72	0.82	0.69	0.2	0.63	0.96	0.68	0.71	0.57	0.87	0.8	0.74	0.73
Cash	0.86	-0.77	0.4	0.85	0.74	0.6		0.34	-0.03	0.69	0.3	0.63	0.39	0.38	0.83	0.41	0.03	0.23	0.69	0.4	0.76	0.28	0.75	0.59	0.84	0.66
Other Assets	0.59	-0.5	0.92	0.47	0.52	0.54	0.34		0.49	0.39	-0.29	0.78	0.66	0.65	0.49	0.23	0.22	0.62	0.46	0.29	0.4	0.17	0.42	0.48	0.32	0.34
Net Receivables	0.26	0.0	0.56	0.25	0.27	0.19	-0.03	0.49		0.01	-0.34	0.29	0.5	0.6	0.13	0.31	0.64	0.63	0.04	0.21	-0.19	0.36	-0.11	-0.16	-0.06	-0.17
Inventory	0.76	-0.68	0.57	0.75	0.71	0.82	0.69	0.39	0.01		0.07	0.82	0.57	0.56	0.75	0.46	0.2	0.32	0.81	0.58	0.79	0.38	0.87	0.59	0.71	0.85
Other Current Assets	-0.04	-0.24	-0.28	0.03	-0.07	-0.03	0.3	-0.29	-0.34	0.07		-0.14	-0.38	-0.18	-0.03	-0.16	-0.03	-0.32	-0.03	-0.18	0.05	-0.19	0.0	0.15	0.04	0.0
Total Liab	0.83	-0.72	0.84	0.75	0.76	0.84	0.63	0.78	0.29	0.82	-0.14		0.78	0.72	0.8	0.45	0.2	0.58	0.81	0.5	0.74	0.37	0.85	0.61	0.72	0.81
Intangible Assets	0.74	-0.45	0.75	0.72	0.81	0.72	0.39	0.66	0.5	0.57	-0.38	0.78		0.92	0.69	0.76	0.42	0.86	0.69	0.77	0.33	0.73	0.6	0.55	0.52	0.51
Common Stock	0.68	-0.43	0.74	0.7	0.76	0.72	0.38	0.65	0.6	0.56	-0.18	0.72	0.92		0.62	0.71	0.61	0.81	0.63	0.71	0.24	0.69	0.48	0.51	0.38	0.34
Property Plant Equipment	0.97	-0.77	0.55	0.95	0.93	0.82	0.83	0.49	0.13	0.75	-0.03	0.8	0.69	0.62		0.67	0.2	0.54	0.85	0.63	0.71	0.54	0.88	0.7	0.94	0.8
Long Term Debt	0.67	-0.29	0.31	0.77	0.84	0.69	0.41	0.23	0.31	0.46	-0.16	0.45	0.76	0.71	0.67		0.4	0.83	0.7	0.95	0.19	0.97	0.53	0.6	0.54	0.37
Other Liab	0.27	-0.08	0.38	0.31	0.3	0.2	0.03	0.22	0.64	0.2	-0.03	0.2	0.42	0.61	0.2	0.4		0.45	0.06	0.38	-0.17	0.47	-0.06	-0.03	-0.02	-0.11
Treasury Stock	0.61	-0.29	0.63	0.62	0.73	0.63	0.23	0.62	0.63	0.32	-0.32	0.58	0.86	0.81	0.54	0.83	0.45		0.55	0.8	0.07	0.83	0.38	0.51	0.35	0.25
Net Tangible Assets	0.82	-0.53	0.47	0.84	0.89	0.96	0.69	0.46	0.04	0.81	-0.03	0.81	0.69	0.63	0.85	0.7	0.06	0.55		0.69	0.79	0.56	0.93	0.81	0.81	0.78
Short Long Term Debt	0.65	-0.34	0.42	0.73	0.81	0.68	0.4	0.29	0.21	0.58	-0.18	0.5	0.77	0.71	0.63	0.95	0.38	0.8	0.69		0.24	0.93	0.55	0.65	0.47	0.43
Total Current Assets	0.7	-0.56	0.43	0.64	0.6	0.71	0.76	0.4	-0.19	0.79	0.05	0.74	0.33	0.24	0.71	0.19	-0.17	0.07	0.79	0.24		0.04	0.87	0.59	0.78	0.81
Short Term Debt	0.55	-0.19	0.27	0.64	0.72	0.57	0.28	0.17	0.36	0.38	-0.19	0.37	0.73	0.69	0.54	0.97	0.47	0.83	0.56	0.93	0.04		0.39	0.46	0.4	0.27
Non Current Assets Total	0.84	-0.71	0.48	0.81	0.8	0.87	0.75	0.42	-0.11	0.87	0.0	0.85	0.6	0.48	0.88	0.53	-0.06	0.38	0.93	0.55	0.87	0.39		0.72	0.91	0.94
Non Currrent Assets Other	0.69	-0.49	0.42	0.71	0.8	0.8	0.59	0.48	-0.16	0.59	0.15	0.61	0.55	0.51	0.7	0.6	-0.03	0.51	0.81	0.65	0.59	0.46	0.72		0.62	0.56
Non Current Liabilities Total	0.88	-0.72	0.35	0.85	0.81	0.74	0.84	0.32	-0.06	0.71	0.04	0.72	0.52	0.38	0.94	0.54	-0.02	0.35	0.81	0.47	0.78	0.4	0.91	0.62		0.87
Net Debt	0.75	-0.74	0.45	0.68	0.65	0.73	0.66	0.34	-0.17	0.85	0.0	0.81	0.51	0.34	0.8	0.37	-0.11	0.25	0.78	0.43	0.81	0.27	0.94	0.56	0.87

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Shandong Ruifeng Account Relationship Matchups

Shandong Ruifeng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.3B	1.7B	1.9B	2.2B	2.3B
Other Current Liab	59.2M	31.6M	21.3M	1.5M	1.0M	955.4K
Total Current Liabilities	360.5M	545.2M	400.2M	622.8M	599.7M	423.0M
Total Stockholder Equity	675.0M	745.8M	894.0M	935.5M	1.1B	1.2B
Retained Earnings	392.0M	454.1M	519.1M	552.4M	568.4M	596.8M
Accounts Payable	89.5M	95.3M	133.3M	137.8M	140.9M	71.7M
Cash	80.0M	158.8M	233.3M	186.1M	305.8M	321.1M
Other Assets	48.4M	102.5M	90.1M	82.5M	94.9M	49.7M
Net Receivables	466.4M	188.4M	251.2M	292.8M	288.9M	298.4M
Inventory	74.2M	128.3M	118.6M	203.1M	217.2M	112.9M
Other Current Assets	25.1M	43.2M	58.1M	32.6M	23.4M	37.5M
Total Liab	371.0M	554.6M	794.3M	1.0B	1.0B	517.5M
Intangible Assets	65.4M	73.5M	75.7M	99.4M	96.6M	64.0M
Common Stock	206.9M	211.2M	232.3M	232.3M	267.2M	168.3M
Property Plant Equipment	223.8M	285.8M	350.8M	647.0M	744.1M	781.3M
Other Liab	10.4M	9.4M	8.3M	8.7M	10.0M	10.4M
Net Tangible Assets	534.4M	609.7M	657.6M	818.3M	941.1M	607.3M
Short Long Term Debt	193.4M	362.0M	175M	312.6M	320.5M	262.6M
Total Current Assets	645.8M	774.9M	874.8M	947.5M	1.1B	835.6M
Non Current Assets Total	400.2M	542.2M	813.5M	994.0M	1.1B	667.8M
Non Currrent Assets Other	30.8M	85.4M	73.0M	61.5M	47.0M	47.7M
Non Current Liabilities Total	10.4M	9.4M	394.1M	383.2M	433.2M	454.8M
Net Debt	113.4M	203.2M	327.4M	501.1M	440.2M	302.4M
Net Invested Capital	868.4M	1.1B	1.5B	1.6B	1.9B	1.3B
Net Working Capital	285.2M	229.7M	474.6M	324.7M	505.8M	359.0M

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Other Information on Investing in Shandong Stock

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

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Shandong Long Term Debt vs Short Term Debt Analysis

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Short Term Debt

Shandong Ruifeng fundamental ratios Correlations

Shandong Ruifeng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Ruifeng fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity
Short Term Debt	+ 0.97	Long Term Debt
Net Tangible Assets	+ 0.96	Accounts Payable
Property Plant Equipment	+ 0.95	Total Stockholder Equity

Other Current Liab	- 0.78	Total Assets
Property Plant Equipment	- 0.77	Other Current Liab
Cash	- 0.77	Other Current Liab
Net Debt	- 0.74	Other Current Liab
Non Current Liabilities Total	- 0.72	Other Current Liab
Total Liab	- 0.72	Other Current Liab