Guangdong Long Term Debt vs Net Receivables Analysis

300281 Stock

6.72 0.06 0.90%

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

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Jinming Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Guangdong Jinming's Long Term Debt and Net Receivables is 0.65. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Guangdong Jinming Machinery, assuming nothing else is changed. The correlation between historical values of Guangdong Jinming's Long Term Debt and Net Receivables 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 Guangdong Jinming Machinery are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Guangdong Jinming's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Guangdong Jinming has held for over one year. Long-term debt appears on Guangdong Jinming Machinery 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 Guangdong Jinming Machinery 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.

Net Receivables

Most indicators from Guangdong Jinming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Jinming 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 Guangdong Jinming Machinery. 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 25.1 M, whereas Tax Provision is projected to grow to (2.4 M).

	2023	2024 (projected)
Research Development	24.2M	23.5M
Minority Interest	1.2M	1.2M

Research Development Minority Interest

Guangdong Jinming fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Treasury Stock	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets
Total Assets		0.22	0.41	0.98	0.94	0.48	-0.15	0.61	-0.3	0.19	0.94	0.57	0.43	0.45	0.91	0.92	0.83	0.2	0.81	0.78	0.53	-0.51	-0.61	0.45	-0.67	0.75
Other Current Liab	0.22		-0.16	0.27	0.23	-0.34	0.39	-0.28	-0.12	-0.03	0.18	0.21	-0.14	-0.18	0.19	0.15	0.1	-0.67	0.11	0.09	0.07	0.32	-0.05	-0.03	-0.1	0.26
Total Current Liabilities	0.41	-0.16		0.22	0.3	0.14	-0.03	0.18	0.46	0.76	0.41	0.21	0.99	0.66	0.14	0.4	0.21	0.01	0.32	-0.08	-0.13	-0.11	0.16	0.28	0.22	0.09
Total Stockholder Equity	0.98	0.27	0.22		0.94	0.5	-0.16	0.61	-0.44	0.03	0.91	0.56	0.23	0.31	0.94	0.9	0.83	0.23	0.79	0.86	0.61	-0.53	-0.7	0.42	-0.77	0.79
Retained Earnings	0.94	0.23	0.3	0.94		0.48	-0.32	0.62	-0.43	0.05	0.95	0.63	0.32	0.46	0.94	0.91	0.89	0.17	0.87	0.79	0.59	-0.41	-0.69	0.31	-0.74	0.67
Accounts Payable	0.48	-0.34	0.14	0.5	0.48		-0.45	0.71	-0.52	-0.36	0.42	0.55	0.07	-0.05	0.49	0.52	0.32	0.71	0.31	0.63	0.65	-0.49	-0.76	0.08	-0.7	0.17
Cash	-0.15	0.39	-0.03	-0.16	-0.32	-0.45		-0.55	0.52	0.12	-0.36	-0.38	-0.01	-0.13	-0.37	-0.3	-0.33	-0.47	-0.33	-0.41	-0.46	0.29	0.47	0.02	0.42	-0.12
Other Assets	0.61	-0.28	0.18	0.61	0.62	0.71	-0.55		-0.35	-0.13	0.67	0.52	0.2	0.4	0.64	0.56	0.63	0.61	0.52	0.65	0.74	-0.43	-0.55	0.17	-0.7	0.27
Long Term Debt	-0.3	-0.12	0.46	-0.44	-0.43	-0.52	0.52	-0.35		0.65	-0.32	-0.31	0.51	0.42	-0.55	-0.37	-0.39	-0.41	-0.27	-0.77	-0.66	0.38	0.88	0.06	0.81	-0.39
Net Receivables	0.19	-0.03	0.76	0.03	0.05	-0.36	0.12	-0.13	0.65		0.17	-0.08	0.78	0.56	-0.09	0.19	0.0	-0.32	0.11	-0.33	-0.44	0.03	0.5	0.32	0.54	0.11
Inventory	0.94	0.18	0.41	0.91	0.95	0.42	-0.36	0.67	-0.32	0.17		0.62	0.44	0.56	0.93	0.88	0.91	0.18	0.89	0.76	0.55	-0.48	-0.57	0.37	-0.67	0.71
Other Current Assets	0.57	0.21	0.21	0.56	0.63	0.55	-0.38	0.52	-0.31	-0.08	0.62		0.2	0.26	0.57	0.5	0.43	-0.05	0.58	0.47	0.34	-0.39	-0.51	0.15	-0.5	0.44
Total Liab	0.43	-0.14	0.99	0.23	0.32	0.07	-0.01	0.2	0.51	0.78	0.44	0.2		0.74	0.16	0.4	0.28	-0.04	0.37	-0.09	-0.15	-0.11	0.21	0.3	0.22	0.1
Intangible Assets	0.45	-0.18	0.66	0.31	0.46	-0.05	-0.13	0.4	0.42	0.56	0.56	0.26	0.74		0.3	0.31	0.55	-0.09	0.57	0.03	-0.04	-0.14	0.19	0.37	0.04	0.22
Common Stock	0.91	0.19	0.14	0.94	0.94	0.49	-0.37	0.64	-0.55	-0.09	0.93	0.57	0.16	0.3		0.88	0.9	0.3	0.86	0.88	0.64	-0.52	-0.76	0.24	-0.81	0.73
Property Plant Equipment	0.92	0.15	0.4	0.9	0.91	0.52	-0.3	0.56	-0.37	0.19	0.88	0.5	0.4	0.31	0.88		0.76	0.27	0.71	0.73	0.51	-0.45	-0.64	0.24	-0.65	0.62
Other Liab	0.83	0.1	0.21	0.83	0.89	0.32	-0.33	0.63	-0.39	0.0	0.91	0.43	0.28	0.55	0.9	0.76		0.22	0.91	0.75	0.52	-0.47	-0.57	0.26	-0.71	0.64
Good Will	0.2	-0.67	0.01	0.23	0.17	0.71	-0.47	0.61	-0.41	-0.32	0.18	-0.05	-0.04	-0.09	0.3	0.27	0.22		0.09	0.5	0.58	-0.41	-0.53	0.03	-0.49	0.02
Treasury Stock	0.81	0.11	0.32	0.79	0.87	0.31	-0.33	0.52	-0.27	0.11	0.89	0.58	0.37	0.57	0.86	0.71	0.91	0.09		0.67	0.44	-0.44	-0.52	0.39	-0.59	0.66
Net Tangible Assets	0.78	0.09	-0.08	0.86	0.79	0.63	-0.41	0.65	-0.77	-0.33	0.76	0.47	-0.09	0.03	0.88	0.73	0.75	0.5	0.67		0.78	-0.63	-0.89	0.39	-0.93	0.74
Non Current Assets Total	0.53	0.07	-0.13	0.61	0.59	0.65	-0.46	0.74	-0.66	-0.44	0.55	0.34	-0.15	-0.04	0.64	0.51	0.52	0.58	0.44	0.78		-0.12	-0.77	0.14	-0.84	0.25
Non Currrent Assets Other	-0.51	0.32	-0.11	-0.53	-0.41	-0.49	0.29	-0.43	0.38	0.03	-0.48	-0.39	-0.11	-0.14	-0.52	-0.45	-0.47	-0.41	-0.44	-0.63	-0.12		0.47	-0.46	0.49	-0.73
Non Current Liabilities Total	-0.61	-0.05	0.16	-0.7	-0.69	-0.76	0.47	-0.55	0.88	0.5	-0.57	-0.51	0.21	0.19	-0.76	-0.64	-0.57	-0.53	-0.52	-0.89	-0.77	0.47		-0.07	0.9	-0.48
Deferred Long Term Liab	0.45	-0.03	0.28	0.42	0.31	0.08	0.02	0.17	0.06	0.32	0.37	0.15	0.3	0.37	0.24	0.24	0.26	0.03	0.39	0.39	0.14	-0.46	-0.07		-0.16	0.66
Short Long Term Debt	-0.67	-0.1	0.22	-0.77	-0.74	-0.7	0.42	-0.7	0.81	0.54	-0.67	-0.5	0.22	0.04	-0.81	-0.65	-0.71	-0.49	-0.59	-0.93	-0.84	0.49	0.9	-0.16		-0.52
Total Current Assets	0.75	0.26	0.09	0.79	0.67	0.17	-0.12	0.27	-0.39	0.11	0.71	0.44	0.1	0.22	0.73	0.62	0.64	0.02	0.66	0.74	0.25	-0.73	-0.48	0.66	-0.52

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Guangdong Jinming Account Relationship Matchups

Guangdong Jinming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.4B	1.5B	1.5B	1.5B	1.1B
Other Current Liab	73.2M	63.4M	101.0M	71.7M	13.6M	12.9M
Total Current Liabilities	233.3M	132.1M	157.2M	183.0M	194.8M	208.8M
Total Stockholder Equity	1.2B	1.3B	1.3B	1.3B	1.3B	880.3M
Retained Earnings	314.5M	345.1M	373.9M	355.5M	316.1M	232.3M
Accounts Payable	36.3M	57.3M	47.4M	104.3M	101.6M	106.7M
Cash	119.2M	254.2M	168.3M	45.9M	24.2M	23.0M
Other Assets	17.0M	13.9M	32.7M	48.0M	55.2M	58.0M
Net Receivables	146.1M	12.2M	41.4M	26.0M	38.5M	36.5M
Inventory	273.7M	249.7M	279.6M	284.5M	274.4M	202.7M
Other Current Assets	56.2M	50.3M	44.1M	186.4M	40.5M	48.9M
Total Liab	273.4M	171.1M	194.0M	212.5M	223.3M	251.4M
Intangible Assets	49.9M	48.4M	51.8M	49.1M	46.9M	64.6M
Property Plant Equipment	505.5M	503.5M	485.9M	479.0M	550.8M	361.4M
Other Liab	36.0M	39.0M	36.8M	29.5M	33.9M	32.9M
Net Tangible Assets	1.2B	1.2B	1.2B	1.2B	1.4B	1.2B
Non Current Assets Total	576.1M	568.7M	774.7M	669.6M	731.4M	697.8M
Non Currrent Assets Other	8.5M	4.9M	223.3M	33.0M	12.7M	12.1M
Non Current Liabilities Total	40.1M	39.0M	36.8M	29.5M	28.5M	37.9M
Short Long Term Debt	60M	115.2M	3M	1.6M	1.4M	1.4M
Total Current Assets	926.1M	860.9M	704.7M	810.4M	768.7M	646.5M
Net Invested Capital	1.3B	1.3B	1.3B	1.3B	1.3B	1.0B
Net Working Capital	692.8M	728.8M	547.5M	627.4M	573.9M	514.9M

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Other Information on Investing in Guangdong Stock

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

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Guangdong Long Term Debt vs Net Receivables Analysis

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Receivables

Guangdong Jinming fundamental ratios Correlations

Guangdong Jinming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Jinming fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Inventory	+ 0.95	Retained Earnings
Retained Earnings	+ 0.94	Total Assets
Inventory	+ 0.94	Total Assets
Retained Earnings	+ 0.94	Total Stockholder Equity

Short Long Term Debt	- 0.93	Net Tangible Assets
Non Current Liabilities Total	- 0.89	Net Tangible Assets
Short Long Term Debt	- 0.84	Non Current Assets Total
Short Long Term Debt	- 0.81	Common Stock
Non Current Liabilities Total	- 0.77	Non Current Assets Total
Net Tangible Assets	- 0.77	Long Term Debt