Wuxi Deferred Long Term Liab vs Intangible Assets Analysis

300450 Stock   24.44  1.52  5.86%   
Wuxi Lead financial indicator trend analysis is more than just analyzing Wuxi Lead Auto current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Lead Auto is a good investment. Please check the relationship between Wuxi Lead Deferred Long Term Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuxi Lead Auto. 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 Intangible Assets

Deferred Long Term Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wuxi Lead Auto Deferred Long Term Liab account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Wuxi Lead's Deferred Long Term Liab and Intangible Assets is 0.99. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Wuxi Lead Auto, assuming nothing else is changed. The correlation between historical values of Wuxi Lead's Deferred Long Term Liab and Intangible Assets 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 Wuxi Lead Auto are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Wuxi Lead's Deferred Long Term Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

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

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Wuxi Lead's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Lead Auto 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 Wuxi Lead Auto. 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 851.6 M, whereas Tax Provision is forecasted to decline to about 116.8 M.
 2021 2022 2023 2024 (projected)
Operating Income1.9B3.0B3.0B3.2B
Total Revenue10.0B13.9B16.6B17.5B

Wuxi Lead fundamental ratios Correlations

0.471.00.991.00.980.830.990.980.990.991.01.00.970.990.890.31.00.180.981.00.93-0.410.5-0.710.9
0.470.470.490.50.570.80.430.320.460.50.460.470.450.450.410.10.440.290.430.470.55-0.160.210.180.22
1.00.470.980.990.970.810.990.981.00.991.01.00.950.990.860.250.990.150.991.00.91-0.40.46-0.730.91
0.990.490.981.00.990.850.970.980.970.970.990.990.981.00.920.350.990.240.960.990.95-0.420.54-0.670.88
1.00.50.991.00.980.860.980.980.980.970.990.990.980.990.920.350.990.180.970.990.94-0.450.54-0.680.88
0.980.570.970.990.980.860.960.950.960.960.970.980.970.990.890.270.980.350.950.980.94-0.420.48-0.60.86
0.830.80.810.850.860.860.80.740.80.820.820.820.830.820.820.350.810.180.780.820.91-0.420.52-0.240.67
0.990.430.990.970.980.960.80.970.990.970.990.990.940.980.870.20.990.121.00.990.89-0.440.41-0.750.92
0.980.320.980.980.980.950.740.970.970.960.980.980.970.990.880.340.990.170.960.980.9-0.430.54-0.790.93
0.990.461.00.970.980.960.80.990.970.991.00.990.940.980.830.240.980.130.980.990.9-0.360.45-0.740.91
0.990.50.990.970.970.960.820.970.960.990.990.980.950.970.810.30.970.150.960.980.91-0.350.47-0.690.89
1.00.461.00.990.990.970.820.990.981.00.990.990.960.990.870.280.990.150.981.00.91-0.40.48-0.730.91
1.00.471.00.990.990.980.820.990.980.990.980.990.960.990.880.240.990.190.990.990.92-0.390.44-0.710.91
0.970.450.950.980.980.970.830.940.970.940.950.960.960.980.930.450.960.260.920.960.94-0.460.62-0.650.85
0.990.450.991.00.990.990.820.980.990.980.970.990.990.980.910.321.00.260.970.990.93-0.460.53-0.70.9
0.890.410.860.920.920.890.820.870.880.830.810.870.880.930.910.50.90.220.850.870.89-0.560.68-0.570.75
0.30.10.250.350.350.270.350.20.340.240.30.280.240.450.320.50.26-0.110.140.260.43-0.210.9-0.150.1
1.00.440.990.990.990.980.810.990.990.980.970.990.990.961.00.90.260.220.991.00.92-0.450.48-0.730.92
0.180.290.150.240.180.350.180.120.170.130.150.150.190.260.260.22-0.110.220.150.180.25-0.150.050.170.14
0.980.430.990.960.970.950.781.00.960.980.960.980.990.920.970.850.140.990.150.990.88-0.430.35-0.750.92
1.00.471.00.990.990.980.820.990.980.990.981.00.990.960.990.870.261.00.180.990.92-0.420.48-0.720.91
0.930.550.910.950.940.940.910.890.90.90.910.910.920.940.930.890.430.920.250.880.92-0.370.6-0.470.85
-0.41-0.16-0.4-0.42-0.45-0.42-0.42-0.44-0.43-0.36-0.35-0.4-0.39-0.46-0.46-0.56-0.21-0.45-0.15-0.43-0.42-0.37-0.360.26-0.38
0.50.210.460.540.540.480.520.410.540.450.470.480.440.620.530.680.90.480.050.350.480.6-0.36-0.260.35
-0.710.18-0.73-0.67-0.68-0.6-0.24-0.75-0.79-0.74-0.69-0.73-0.71-0.65-0.7-0.57-0.15-0.730.17-0.75-0.72-0.470.26-0.26-0.72
0.90.220.910.880.880.860.670.920.930.910.890.910.910.850.90.750.10.920.140.920.910.85-0.380.35-0.72
Click cells to compare fundamentals

Wuxi Lead Account Relationship Matchups

Wuxi Lead fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5B12.7B24.0B32.9B35.3B37.1B
Other Current Liab896.8M2.3B4.2B10.6B41.2M39.1M
Total Current Liabilities4.2B7.0B14.2B21.4B23.0B24.1B
Total Stockholder Equity4.3B5.6B9.5B11.1B11.8B12.4B
Retained Earnings2.1B2.7B4.0B5.6B5.7B6.0B
Accounts Payable2.4B4.0B9.3B9.9B9.0B9.4B
Cash2.1B2.7B2.9B6.2B3.7B1.9B
Other Assets104.5M311.4M435.3M690.5M794.1M833.8M
Net Receivables2.8B2.7B6.2B6.4B9.7B10.2B
Inventory2.2B2.9B7.8B12.4B13.2B13.9B
Other Current Assets71.7M111.3M324.4M513.3M505.4M530.6M
Total Liab5.2B7.0B14.5B21.8B23.4B24.6B
Intangible Assets148.0M308.1M493.4M645.9M700.1M735.1M
Common Stock881.4M907.3M1.6B1.6B1.8B1.9B
Property Plant Equipment641.9M791.0M1.5B1.6B1.9B2.0B
Other Liab267.7M60.2M57.6M66.9M76.9M106.1M
Net Tangible Assets3.0B4.4B8.1B9.5B10.9B11.5B
Short Term Investments116.2M323.3M3.2B301.1M60.0M57.0M
Deferred Long Term Liab33.3M224.1M309.1M459.6M528.6M555.0M
Total Current Assets7.5B10.3B20.7B29.0B30.7B32.2B
Non Current Assets Total2.0B2.3B3.4B3.9B4.6B2.8B
Non Currrent Assets Other178.7K1.4M753.7K2.0M2.9M2.7M
Non Current Liabilities Total1.1B60.2M377.1M373.5M455.9M408.5M
Good Will1.1B1.1B1.1B1.1B978.0M871.5M
Common Stock Shares Outstanding1.4B1.5B1.6B1.6B1.8B1.6B
Net Invested Capital5.4B6.0B9.5B11.1B12.0B8.0B
Short Long Term Debt299.0M348.2M33M184.2M165.8M184.3M
Net Working Capital3.4B3.3B6.5B7.6B7.7B5.0B
Other Stockholder Equity315.9M127.6K(3.0M)4.8M4.3M4.1M
Capital Stock881.4M907.3M1.6B1.6B1.8B1.4B

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Other Information on Investing in Wuxi Stock

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