Dirui Deferred Long Term Liab vs Non Current Assets Total 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 Deferred Long Term Liab and its Non Current Assets Total 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.

Deferred Long Term Liab vs Non Current Assets Total

Deferred Long Term Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dirui Industrial Deferred Long Term Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dirui Industrial's Deferred Long Term Liab and Non Current Assets Total is -0.1. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Non Current Assets Total 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 Deferred Long Term Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Dirui Industrial Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Deferred Long Term Liab i.e., Dirui Industrial's Deferred Long Term Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Income199.4M268.5M269.7M200.6M
Total Revenue905.8M1.2B1.4B871.5M

Dirui Industrial fundamental ratios Correlations

0.320.730.970.60.950.640.830.770.770.670.610.770.450.920.550.30.350.840.490.870.80.810.550.10.44
0.32-0.110.380.330.36-0.210.11-0.03-0.06-0.2-0.27-0.090.390.320.390.3-0.130.18-0.490.360.080.02-0.06-0.32-0.48
0.73-0.110.660.270.680.980.650.980.970.980.960.990.110.60.21-0.030.20.730.840.690.810.840.440.430.88
0.970.380.660.520.980.580.860.740.680.630.540.680.380.950.50.470.250.880.40.910.770.790.53-0.060.37
0.60.330.270.520.390.150.230.250.470.210.210.390.870.470.88-0.090.60.130.130.320.110.10.350.210.14
0.950.360.680.980.390.620.870.770.670.650.560.680.270.960.390.50.160.930.410.940.830.850.52-0.090.38
0.64-0.210.980.580.150.620.630.970.930.980.980.96-0.040.520.06-0.060.120.70.850.610.80.840.390.470.89
0.830.110.650.860.230.870.630.740.630.630.580.650.030.780.170.420.190.840.460.740.840.850.41-0.060.41
0.77-0.030.980.740.250.770.970.740.940.960.930.960.060.670.160.130.190.820.770.750.850.90.40.330.8
0.77-0.060.970.680.470.670.930.630.940.940.940.980.30.620.39-0.140.30.640.790.660.740.770.470.50.83
0.67-0.20.980.630.210.650.980.630.960.940.980.950.050.590.17-0.050.090.710.880.680.760.810.460.440.92
0.61-0.270.960.540.210.560.980.580.930.940.980.950.040.50.12-0.170.140.620.890.550.720.770.440.560.92
0.77-0.090.990.680.390.680.960.650.960.980.950.950.210.610.3-0.040.330.710.810.660.80.820.460.440.84
0.450.390.110.380.870.27-0.040.030.060.30.050.040.210.440.94-0.150.45-0.03-0.060.32-0.07-0.10.390.02-0.02
0.920.320.60.950.470.960.520.780.670.620.590.50.610.440.510.450.210.840.360.920.720.740.63-0.120.33
0.550.390.210.50.880.390.060.170.160.390.170.120.30.940.51-0.10.360.090.060.440.030.00.50.010.09
0.30.3-0.030.47-0.090.5-0.060.420.13-0.14-0.05-0.17-0.04-0.150.45-0.10.160.56-0.240.40.310.30.06-0.73-0.25
0.35-0.130.20.250.60.160.120.190.190.30.090.140.330.450.210.360.160.120.1-0.010.20.130.2-0.020.1
0.840.180.730.880.130.930.70.840.820.640.710.620.71-0.030.840.090.560.120.520.870.90.940.42-0.060.47
0.49-0.490.840.40.130.410.850.460.770.790.880.890.81-0.060.360.06-0.240.10.520.450.550.670.310.60.97
0.870.360.690.910.320.940.610.740.750.660.680.550.660.320.920.440.4-0.010.870.450.710.760.48-0.10.44
0.80.080.810.770.110.830.80.840.850.740.760.720.8-0.070.720.030.310.20.90.550.710.970.50.130.51
0.810.020.840.790.10.850.840.850.90.770.810.770.82-0.10.740.00.30.130.940.670.760.970.390.20.61
0.55-0.060.440.530.350.520.390.410.40.470.460.440.460.390.630.50.060.20.420.310.480.50.390.060.31
0.1-0.320.43-0.060.21-0.090.47-0.060.330.50.440.560.440.02-0.120.01-0.73-0.02-0.060.6-0.10.130.20.060.58
0.44-0.480.880.370.140.380.890.410.80.830.920.920.84-0.020.330.09-0.250.10.470.970.440.510.610.310.58
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Dirui Industrial Account Relationship Matchups

Dirui Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.0B2.4B2.9B3.3B1.9B
Other Current Liab71.0M61.9M108.2M132.3M4.6M4.4M
Total Current Liabilities267.3M339.1M443.7M906.8M1.2B1.3B
Total Stockholder Equity1.5B1.7B1.9B1.9B2.0B1.3B
Other Liab60.2M29.9M54.2M47.3M54.4M54.7M
Retained Earnings979.6M1.1B1.2B1.3B1.4B784.6M
Accounts Payable93.4M94.4M151.9M416.0M556.8M584.7M
Cash450.3M687.5M460.7M838.1M845.7M443.1M
Other Assets80.2M88.1M141.2M257.8M296.4M311.2M
Net Receivables188.1M107.7M156.4M345.3M432.1M453.7M
Inventory219.6M218.4M237.3M375.9M572.9M601.6M
Other Current Assets25.5M10.0M34.5M92.9M161.6M169.7M
Total Liab327.5M368.9M499.3M1.0B1.3B1.3B
Intangible Assets280.8M100.3M102.7M99.2M92.9M166.1M
Property Plant Equipment282.2M214.4M197.2M183.7M211.2M244.0M
Short Term Investments171.2K85.4M421.4M170.6M185.8K176.6K
Net Tangible Assets869.8M1.6B1.8B1.8B2.1B1.1B
Deferred Long Term Liab29.7M31.3M26.6M30.0M34.5M25.5M
Total Current Assets969.0M1.2B1.3B1.8B2.0B1.3B
Non Current Assets Total1.1B827.9M1.1B1.1B1.3B1.2B
Non Currrent Assets Other8.4M3.4M7.4M10.2M134.8M141.5M
Non Current Liabilities Total60.2M29.9M55.6M98.7M49.6M58.2M
Other Stockholder Equity7.1M6.7M150.1M75.8M87.1M91.5M
Net Invested Capital1.6B1.8B2.0B2.3B2.3B2.0B
Net Working Capital701.6M856.5M866.7M921.7M811.9M793.2M

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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.