Dirui Cash vs Long Term Debt Analysis

300396 Stock

16.21 0.11 0.68%

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

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dirui Industrial Cash account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Dirui Industrial's Cash and Long Term Debt is 0.19. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Dirui Industrial Co, assuming nothing else is changed. The correlation between historical values of Dirui Industrial's Cash and Long 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 Cash of Dirui Industrial Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Dirui Industrial's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Cash

Cash refers to the most liquid asset of Dirui Industrial, which is listed under current asset account on Dirui Industrial Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dirui Industrial customers. The amounts must be unrestricted with restricted cash listed in a different Dirui Industrial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Dirui Industrial has held for over one year. Long-term debt appears on Dirui Industrial Co 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 Dirui Industrial Co 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.

Most indicators from Dirui Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dirui Industrial 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 Dirui Industrial 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 22.5 M, whereas Selling General Administrative is forecasted to decline to about 184.4 M.

	2021	2022	2023	2024 (projected)
Operating Income	199.4M	268.5M	269.7M	200.6M
Total Revenue	905.8M	1.2B	1.4B	871.5M

Operating Income Total Revenue

Dirui Industrial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Long Term Debt	Net Tangible Assets	Good Will	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.32	0.73	0.97	0.6	0.95	0.64	0.83	0.77	0.77	0.67	0.61	0.77	0.45	0.92	0.55	0.3	0.35	0.84	0.49	0.87	0.8	0.81	0.55	0.1	0.44
Other Current Liab	0.32		-0.11	0.38	0.33	0.36	-0.21	0.11	-0.03	-0.06	-0.2	-0.27	-0.09	0.39	0.32	0.39	0.3	-0.13	0.18	-0.49	0.36	0.08	0.02	-0.06	-0.32	-0.48
Total Current Liabilities	0.73	-0.11		0.66	0.27	0.68	0.98	0.65	0.98	0.97	0.98	0.96	0.99	0.11	0.6	0.21	-0.03	0.2	0.73	0.84	0.69	0.81	0.84	0.44	0.43	0.88
Total Stockholder Equity	0.97	0.38	0.66		0.52	0.98	0.58	0.86	0.74	0.68	0.63	0.54	0.68	0.38	0.95	0.5	0.47	0.25	0.88	0.4	0.91	0.77	0.79	0.53	-0.06	0.37
Other Liab	0.6	0.33	0.27	0.52		0.39	0.15	0.23	0.25	0.47	0.21	0.21	0.39	0.87	0.47	0.88	-0.09	0.6	0.13	0.13	0.32	0.11	0.1	0.35	0.21	0.14
Retained Earnings	0.95	0.36	0.68	0.98	0.39		0.62	0.87	0.77	0.67	0.65	0.56	0.68	0.27	0.96	0.39	0.5	0.16	0.93	0.41	0.94	0.83	0.85	0.52	-0.09	0.38
Accounts Payable	0.64	-0.21	0.98	0.58	0.15	0.62		0.63	0.97	0.93	0.98	0.98	0.96	-0.04	0.52	0.06	-0.06	0.12	0.7	0.85	0.61	0.8	0.84	0.39	0.47	0.89
Cash	0.83	0.11	0.65	0.86	0.23	0.87	0.63		0.74	0.63	0.63	0.58	0.65	0.03	0.78	0.17	0.42	0.19	0.84	0.46	0.74	0.84	0.85	0.41	-0.06	0.41
Other Assets	0.77	-0.03	0.98	0.74	0.25	0.77	0.97	0.74		0.94	0.96	0.93	0.96	0.06	0.67	0.16	0.13	0.19	0.82	0.77	0.75	0.85	0.9	0.4	0.33	0.8
Net Receivables	0.77	-0.06	0.97	0.68	0.47	0.67	0.93	0.63	0.94		0.94	0.94	0.98	0.3	0.62	0.39	-0.14	0.3	0.64	0.79	0.66	0.74	0.77	0.47	0.5	0.83
Inventory	0.67	-0.2	0.98	0.63	0.21	0.65	0.98	0.63	0.96	0.94		0.98	0.95	0.05	0.59	0.17	-0.05	0.09	0.71	0.88	0.68	0.76	0.81	0.46	0.44	0.92
Other Current Assets	0.61	-0.27	0.96	0.54	0.21	0.56	0.98	0.58	0.93	0.94	0.98		0.95	0.04	0.5	0.12	-0.17	0.14	0.62	0.89	0.55	0.72	0.77	0.44	0.56	0.92
Total Liab	0.77	-0.09	0.99	0.68	0.39	0.68	0.96	0.65	0.96	0.98	0.95	0.95		0.21	0.61	0.3	-0.04	0.33	0.71	0.81	0.66	0.8	0.82	0.46	0.44	0.84
Intangible Assets	0.45	0.39	0.11	0.38	0.87	0.27	-0.04	0.03	0.06	0.3	0.05	0.04	0.21		0.44	0.94	-0.15	0.45	-0.03	-0.06	0.32	-0.07	-0.1	0.39	0.02	-0.02
Common Stock	0.92	0.32	0.6	0.95	0.47	0.96	0.52	0.78	0.67	0.62	0.59	0.5	0.61	0.44		0.51	0.45	0.21	0.84	0.36	0.92	0.72	0.74	0.63	-0.12	0.33
Property Plant Equipment	0.55	0.39	0.21	0.5	0.88	0.39	0.06	0.17	0.16	0.39	0.17	0.12	0.3	0.94	0.51		-0.1	0.36	0.09	0.06	0.44	0.03	0.0	0.5	0.01	0.09
Short Term Investments	0.3	0.3	-0.03	0.47	-0.09	0.5	-0.06	0.42	0.13	-0.14	-0.05	-0.17	-0.04	-0.15	0.45	-0.1		0.16	0.56	-0.24	0.4	0.31	0.3	0.06	-0.73	-0.25
Long Term Debt	0.35	-0.13	0.2	0.25	0.6	0.16	0.12	0.19	0.19	0.3	0.09	0.14	0.33	0.45	0.21	0.36	0.16		0.12	0.1	-0.01	0.2	0.13	0.2	-0.02	0.1
Net Tangible Assets	0.84	0.18	0.73	0.88	0.13	0.93	0.7	0.84	0.82	0.64	0.71	0.62	0.71	-0.03	0.84	0.09	0.56	0.12		0.52	0.87	0.9	0.94	0.42	-0.06	0.47
Good Will	0.49	-0.49	0.84	0.4	0.13	0.41	0.85	0.46	0.77	0.79	0.88	0.89	0.81	-0.06	0.36	0.06	-0.24	0.1	0.52		0.45	0.55	0.67	0.31	0.6	0.97
Deferred Long Term Liab	0.87	0.36	0.69	0.91	0.32	0.94	0.61	0.74	0.75	0.66	0.68	0.55	0.66	0.32	0.92	0.44	0.4	-0.01	0.87	0.45		0.71	0.76	0.48	-0.1	0.44
Short Long Term Debt	0.8	0.08	0.81	0.77	0.11	0.83	0.8	0.84	0.85	0.74	0.76	0.72	0.8	-0.07	0.72	0.03	0.31	0.2	0.9	0.55	0.71		0.97	0.5	0.13	0.51
Total Current Assets	0.81	0.02	0.84	0.79	0.1	0.85	0.84	0.85	0.9	0.77	0.81	0.77	0.82	-0.1	0.74	0.0	0.3	0.13	0.94	0.67	0.76	0.97		0.39	0.2	0.61
Short Term Debt	0.55	-0.06	0.44	0.53	0.35	0.52	0.39	0.41	0.4	0.47	0.46	0.44	0.46	0.39	0.63	0.5	0.06	0.2	0.42	0.31	0.48	0.5	0.39		0.06	0.31
Non Current Assets Total	0.1	-0.32	0.43	-0.06	0.21	-0.09	0.47	-0.06	0.33	0.5	0.44	0.56	0.44	0.02	-0.12	0.01	-0.73	-0.02	-0.06	0.6	-0.1	0.13	0.2	0.06		0.58
Non Currrent Assets Other	0.44	-0.48	0.88	0.37	0.14	0.38	0.89	0.41	0.8	0.83	0.92	0.92	0.84	-0.02	0.33	0.09	-0.25	0.1	0.47	0.97	0.44	0.51	0.61	0.31	0.58

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Dirui Industrial Account Relationship Matchups

Dirui Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.0B	2.4B	2.9B	3.3B	1.9B
Other Current Liab	71.0M	61.9M	108.2M	132.3M	4.6M	4.4M
Total Current Liabilities	267.3M	339.1M	443.7M	906.8M	1.2B	1.3B
Total Stockholder Equity	1.5B	1.7B	1.9B	1.9B	2.0B	1.3B
Other Liab	60.2M	29.9M	54.2M	47.3M	54.4M	54.7M
Retained Earnings	979.6M	1.1B	1.2B	1.3B	1.4B	784.6M
Accounts Payable	93.4M	94.4M	151.9M	416.0M	556.8M	584.7M
Cash	450.3M	687.5M	460.7M	838.1M	845.7M	443.1M
Other Assets	80.2M	88.1M	141.2M	257.8M	296.4M	311.2M
Net Receivables	188.1M	107.7M	156.4M	345.3M	432.1M	453.7M
Inventory	219.6M	218.4M	237.3M	375.9M	572.9M	601.6M
Other Current Assets	25.5M	10.0M	34.5M	92.9M	161.6M	169.7M
Total Liab	327.5M	368.9M	499.3M	1.0B	1.3B	1.3B
Intangible Assets	280.8M	100.3M	102.7M	99.2M	92.9M	166.1M
Property Plant Equipment	282.2M	214.4M	197.2M	183.7M	211.2M	244.0M
Short Term Investments	171.2K	85.4M	421.4M	170.6M	185.8K	176.6K
Net Tangible Assets	869.8M	1.6B	1.8B	1.8B	2.1B	1.1B
Deferred Long Term Liab	29.7M	31.3M	26.6M	30.0M	34.5M	25.5M
Total Current Assets	969.0M	1.2B	1.3B	1.8B	2.0B	1.3B
Non Current Assets Total	1.1B	827.9M	1.1B	1.1B	1.3B	1.2B
Non Currrent Assets Other	8.4M	3.4M	7.4M	10.2M	134.8M	141.5M
Non Current Liabilities Total	60.2M	29.9M	55.6M	98.7M	49.6M	58.2M
Other Stockholder Equity	7.1M	6.7M	150.1M	75.8M	87.1M	91.5M
Net Invested Capital	1.6B	1.8B	2.0B	2.3B	2.3B	2.0B
Net Working Capital	701.6M	856.5M	866.7M	921.7M	811.9M	793.2M

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Other Information on Investing in Dirui Stock

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

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Dirui Cash vs Long Term Debt Analysis

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash

Long Term Debt

Dirui Industrial fundamental ratios Correlations

Dirui Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dirui Industrial fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.98	Total Current Liabilities
Other Assets	+ 0.98	Total Current Liabilities
Inventory	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Inventory	+ 0.98	Accounts Payable

Non Current Assets Total	- 0.73	Short Term Investments
Good Will	- 0.49	Other Current Liab
Non Currrent Assets Other	- 0.48	Other Current Liab
Non Current Assets Total	- 0.32	Other Current Liab
Other Current Assets	- 0.27	Other Current Liab
Non Currrent Assets Other	- 0.25	Short Term Investments