Kangyue Other Liab vs Deferred Long Term Liab Analysis

300391 Stock   7.17  0.28  4.06%   
Kangyue Technology financial indicator trend analysis is infinitely more than just investigating Kangyue Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kangyue Technology is a good investment. Please check the relationship between Kangyue Technology Other Liab and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kangyue Technology Co. 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 Liab vs Deferred Long Term Liab

Other Liab vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangyue Technology Other Liab account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Kangyue Technology's Other Liab and Deferred Long Term Liab is -0.83. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Kangyue Technology Co, assuming nothing else is changed. The correlation between historical values of Kangyue Technology's Other Liab and Deferred Long Term Liab 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 Liab of Kangyue Technology Co are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Liab i.e., Kangyue Technology's Other Liab and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Kangyue Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kangyue Technology 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 Kangyue Technology Co. 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 Tax Provision is expected to grow to about 27.6 M, whereas Selling General Administrative is forecasted to decline to about 71.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit535.8M346.8M196.0M264.6M
Research Development39.4M25.8M7.7M7.3M

Kangyue Technology fundamental ratios Correlations

0.710.980.50.89-0.580.860.030.680.70.850.580.80.980.720.870.84-0.53-0.710.90.970.810.960.40.890.26
0.710.760.390.6-0.120.730.120.810.180.380.740.850.740.390.440.37-0.43-0.250.590.580.410.760.580.630.62
0.980.760.390.91-0.620.86-0.020.740.660.840.560.811.00.70.840.83-0.6-0.710.840.960.760.950.460.930.24
0.50.390.390.150.20.530.730.250.240.170.820.390.330.580.520.10.350.090.60.40.650.450.270.080.69
0.890.60.910.15-0.790.71-0.260.730.790.920.30.680.930.560.730.94-0.72-0.830.790.920.640.920.380.95-0.06
-0.58-0.12-0.620.2-0.79-0.520.3-0.32-0.86-0.860.06-0.38-0.64-0.46-0.64-0.860.560.8-0.49-0.74-0.51-0.54-0.23-0.730.36
0.860.730.860.530.71-0.520.340.570.660.70.750.860.840.720.830.65-0.24-0.50.780.860.780.790.540.710.54
0.030.12-0.020.73-0.260.30.340.030.03-0.250.730.04-0.090.420.27-0.320.750.520.110.00.4-0.080.43-0.350.75
0.680.810.740.250.73-0.320.570.030.370.420.560.550.740.40.480.46-0.43-0.330.530.60.410.730.770.680.36
0.70.180.660.240.79-0.860.660.030.370.870.230.420.670.640.770.84-0.27-0.750.650.830.710.650.280.68-0.11
0.850.380.840.170.92-0.860.7-0.250.420.870.190.640.850.60.770.99-0.65-0.890.80.920.70.840.130.88-0.17
0.580.740.560.820.30.060.750.730.560.230.190.620.510.640.560.140.160.110.570.480.650.540.610.250.86
0.80.850.810.390.68-0.380.860.040.550.420.640.620.80.420.590.59-0.47-0.50.750.750.550.830.370.720.49
0.980.741.00.330.93-0.640.84-0.090.740.670.850.510.80.670.830.84-0.64-0.740.830.960.730.940.440.950.2
0.720.390.70.580.56-0.460.720.420.40.640.60.640.420.670.830.58-0.12-0.320.610.740.880.590.310.520.24
0.870.440.840.520.73-0.640.830.270.480.770.770.560.590.830.830.74-0.26-0.60.820.910.90.740.450.720.25
0.840.370.830.10.94-0.860.65-0.320.460.840.990.140.590.840.580.74-0.71-0.90.770.90.650.830.120.89-0.24
-0.53-0.43-0.60.35-0.720.56-0.240.75-0.43-0.27-0.650.16-0.47-0.64-0.12-0.26-0.710.69-0.42-0.52-0.15-0.610.04-0.770.4
-0.71-0.25-0.710.09-0.830.8-0.50.52-0.33-0.75-0.890.11-0.5-0.74-0.32-0.6-0.90.69-0.57-0.78-0.4-0.690.0-0.870.34
0.90.590.840.60.79-0.490.780.110.530.650.80.570.750.830.610.820.77-0.42-0.570.870.830.910.330.710.29
0.970.580.960.40.92-0.740.860.00.60.830.920.480.750.960.740.910.9-0.52-0.780.870.830.910.370.90.14
0.810.410.760.650.64-0.510.780.40.410.710.70.650.550.730.880.90.65-0.15-0.40.830.830.710.340.570.29
0.960.760.950.450.92-0.540.79-0.080.730.650.840.540.830.940.590.740.83-0.61-0.690.910.910.710.360.880.22
0.40.580.460.270.38-0.230.540.430.770.280.130.610.370.440.310.450.120.040.00.330.370.340.360.310.59
0.890.630.930.080.95-0.730.71-0.350.680.680.880.250.720.950.520.720.89-0.77-0.870.710.90.570.880.31-0.05
0.260.620.240.69-0.060.360.540.750.36-0.11-0.170.860.490.20.240.25-0.240.40.340.290.140.290.220.59-0.05
Click cells to compare fundamentals

Kangyue Technology Account Relationship Matchups

Kangyue Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B4.7B4.2B3.6B3.4B2.1B
Other Current Liab33.2M1.3B913.5M1.6M1.7M1.6M
Total Current Liabilities744.0M2.6B2.1B1.5B1.9B1.0B
Total Stockholder Equity757.9M776.7M826.3M800.7M195.1M185.4M
Other Liab28.4M27.2M266.6M163.6M188.1M197.5M
Retained Earnings(388.9M)(363.6M)(314.5M)(356.1M)(961.7M)(913.7M)
Accounts Payable425.3M530.3M642.9M199.6M358.5M265.1M
Cash409.3M139.4M107.7M17.5M15.2M14.4M
Other Assets47.9M51.4M627.5M84.6M97.3M95.8M
Net Receivables444.2M1.2B1.6B1.4B1.6B1.7B
Inventory188.1M251.6M195.3M59.5M51.9M49.3M
Other Current Assets52.5M129.2M180.3M57.2M50.4M60.2M
Total Liab771.2M3.2B2.6B1.9B2.4B1.2B
Intangible Assets63.9M72.9M62.7M41.7M99.2M51.7M
Property Plant Equipment341.7M313.8M1.2B1.3B1.5B1.6B
Net Tangible Assets781.6M694.0M2.1M61.9M55.7M52.9M
Deferred Long Term Liab18.6M19.3M15.4M13.3M12.0M14.4M
Short Long Term Debt234.5M452.7M495.4M538.5M205.1M321.6M
Total Current Assets1.1B2.1B2.1B1.7B2.1B1.4B
Non Current Assets Total429.1M2.6B2.2B1.8B1.3B1.5B
Non Currrent Assets Other429.1M559.1M5.1M1.7M3.0M2.9M
Non Current Liabilities Total27.2M606.6M495.3M368.9M548.0M301.3M
Non Current Liabilities Other12.3M12.0M11.6M4.1M1.3M1.3M
Other Stockholder Equity2.3M6.4M(125.1K)358.5K412.2K432.8K
Net Invested Capital992.4M1.6B1.6B1.7B919.1M1.1B
Net Working Capital350.0M(508.2M)(51.0M)196.6M248.2M260.6M

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Other Information on Investing in Kangyue Stock

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