Changsha Net Receivables vs Long Term Debt Analysis

300474 Stock

101.69 7.31 6.71%

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

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

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

The correlation between Changsha Jingjia's Net Receivables and Long Term Debt is 0.35. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Changsha Jingjia Microelectronics, assuming nothing else is changed. The correlation between historical values of Changsha Jingjia's Net Receivables 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 Net Receivables of Changsha Jingjia Microelectronics 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 Net Receivables i.e., Changsha Jingjia's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Receivables

Long Term Debt

Long-term debt is a debt that Changsha Jingjia Mic has held for over one year. Long-term debt appears on Changsha Jingjia Microelectronics 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 Changsha Jingjia Microelectronics 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 Changsha Jingjia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha Jingjia Mic 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 Changsha Jingjia Microelectronics. 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.

As of December 27, 2024, Selling General Administrative is expected to decline to about 63.2 M. The current year's Tax Provision is expected to grow to about (67.6 M)

	2021	2022	2023	2024 (projected)
Operating Income	298.1M	319.1M	18.8M	17.9M
Total Revenue	1.1B	1.2B	713.2M	505.8M

Operating Income Total Revenue

Changsha Jingjia 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	Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.21	0.94	1.0	0.98	0.91	0.96	0.81	0.93	0.86	0.94	0.87	0.95	0.85	0.8	0.99	0.42	0.93	0.92	0.96	0.9	0.23	0.8	0.25	0.82	0.97
Other Current Liab	0.21		0.09	0.24	0.22	0.36	0.04	0.53	0.1	0.41	0.01	0.02	0.03	0.27	0.45	0.29	-0.36	0.37	0.06	0.31	0.09	0.16	-0.08	0.61	-0.26	0.18
Total Current Liabilities	0.94	0.09		0.92	0.96	0.81	0.99	0.63	0.95	0.71	0.96	0.96	0.98	0.8	0.65	0.94	0.36	0.81	0.94	0.84	0.88	0.07	0.74	-0.04	0.82	0.89
Total Stockholder Equity	1.0	0.24	0.92		0.97	0.91	0.94	0.84	0.92	0.88	0.92	0.85	0.93	0.84	0.82	0.98	0.39	0.95	0.9	0.97	0.89	0.27	0.78	0.3	0.8	0.97
Other Liab	0.98	0.22	0.96	0.97		0.9	0.97	0.74	0.93	0.83	0.95	0.9	0.96	0.88	0.75	0.97	0.42	0.89	0.93	0.92	0.9	0.21	0.81	0.17	0.78	0.94
Retained Earnings	0.91	0.36	0.81	0.91	0.9		0.84	0.82	0.85	0.95	0.84	0.69	0.83	0.94	0.86	0.91	0.43	0.96	0.83	0.95	0.93	0.22	0.83	0.34	0.77	0.93
Accounts Payable	0.96	0.04	0.99	0.94	0.97	0.84		0.64	0.96	0.75	0.99	0.93	0.99	0.82	0.65	0.95	0.47	0.84	0.96	0.87	0.92	0.1	0.83	0.02	0.87	0.93
Cash	0.81	0.53	0.63	0.84	0.74	0.82	0.64		0.59	0.81	0.57	0.59	0.61	0.68	0.87	0.79	0.12	0.92	0.57	0.91	0.65	0.45	0.52	0.57	0.48	0.81
Other Assets	0.93	0.1	0.95	0.92	0.93	0.85	0.96	0.59		0.8	0.99	0.86	0.95	0.82	0.64	0.93	0.4	0.81	0.98	0.84	0.92	0.05	0.77	0.03	0.85	0.9
Net Receivables	0.86	0.41	0.71	0.88	0.83	0.95	0.75	0.81	0.8		0.77	0.56	0.73	0.85	0.85	0.87	0.35	0.92	0.78	0.91	0.84	0.36	0.72	0.53	0.7	0.88
Inventory	0.94	0.01	0.96	0.92	0.95	0.84	0.99	0.57	0.99	0.77		0.88	0.98	0.83	0.61	0.92	0.5	0.81	0.98	0.85	0.94	0.06	0.84	0.0	0.89	0.92
Other Current Assets	0.87	0.02	0.96	0.85	0.9	0.69	0.93	0.59	0.86	0.56	0.88		0.91	0.67	0.59	0.87	0.22	0.74	0.87	0.76	0.78	0.15	0.62	-0.13	0.72	0.8
Total Liab	0.95	0.03	0.98	0.93	0.96	0.83	0.99	0.61	0.95	0.73	0.98	0.91		0.85	0.64	0.93	0.52	0.81	0.94	0.85	0.91	0.05	0.84	-0.01	0.87	0.91
Intangible Assets	0.85	0.27	0.8	0.84	0.88	0.94	0.82	0.68	0.82	0.85	0.83	0.67	0.85		0.77	0.83	0.52	0.86	0.8	0.87	0.91	0.07	0.85	0.17	0.76	0.88
Common Stock	0.8	0.45	0.65	0.82	0.75	0.86	0.65	0.87	0.64	0.85	0.61	0.59	0.64	0.77		0.82	0.17	0.87	0.59	0.84	0.69	0.3	0.57	0.46	0.55	0.75
Property Plant Equipment	0.99	0.29	0.94	0.98	0.97	0.91	0.95	0.79	0.93	0.87	0.92	0.87	0.93	0.83	0.82		0.34	0.92	0.91	0.93	0.89	0.23	0.75	0.27	0.78	0.93
Long Term Debt	0.42	-0.36	0.36	0.39	0.42	0.43	0.47	0.12	0.4	0.35	0.5	0.22	0.52	0.52	0.17	0.34		0.33	0.4	0.4	0.54	-0.17	0.84	0.05	0.64	0.5
Net Tangible Assets	0.93	0.37	0.81	0.95	0.89	0.96	0.84	0.92	0.81	0.92	0.81	0.74	0.81	0.86	0.87	0.92	0.33		0.8	0.99	0.89	0.33	0.76	0.4	0.74	0.96
Deferred Long Term Liab	0.92	0.06	0.94	0.9	0.93	0.83	0.96	0.57	0.98	0.78	0.98	0.87	0.94	0.8	0.59	0.91	0.4	0.8		0.83	0.92	0.16	0.77	0.03	0.85	0.9
Total Current Assets	0.96	0.31	0.84	0.97	0.92	0.95	0.87	0.91	0.84	0.91	0.85	0.76	0.85	0.87	0.84	0.93	0.4	0.99	0.83		0.9	0.31	0.8	0.38	0.78	0.98
Non Current Assets Total	0.9	0.09	0.88	0.89	0.9	0.93	0.92	0.65	0.92	0.84	0.94	0.78	0.91	0.91	0.69	0.89	0.54	0.89	0.92	0.9		0.08	0.9	0.08	0.92	0.94
Non Currrent Assets Other	0.23	0.16	0.07	0.27	0.21	0.22	0.1	0.45	0.05	0.36	0.06	0.15	0.05	0.07	0.3	0.23	-0.17	0.33	0.16	0.31	0.08		0.02	0.58	0.06	0.25
Non Current Liabilities Total	0.8	-0.08	0.74	0.78	0.81	0.83	0.83	0.52	0.77	0.72	0.84	0.62	0.84	0.85	0.57	0.75	0.84	0.76	0.77	0.8	0.9	0.02		0.12	0.88	0.86
Non Current Liabilities Other	0.25	0.61	-0.04	0.3	0.17	0.34	0.02	0.57	0.03	0.53	0.0	-0.13	-0.01	0.17	0.46	0.27	0.05	0.4	0.03	0.38	0.08	0.58	0.12		-0.06	0.26
Common Stock Shares Outstanding	0.82	-0.26	0.82	0.8	0.78	0.77	0.87	0.48	0.85	0.7	0.89	0.72	0.87	0.76	0.55	0.78	0.64	0.74	0.85	0.78	0.92	0.06	0.88	-0.06		0.86
Net Invested Capital	0.97	0.18	0.89	0.97	0.94	0.93	0.93	0.81	0.9	0.88	0.92	0.8	0.91	0.88	0.75	0.93	0.5	0.96	0.9	0.98	0.94	0.25	0.86	0.26	0.86

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Changsha Jingjia Account Relationship Matchups

Changsha Jingjia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	3.0B	3.3B	4.0B	4.2B	4.4B
Other Current Liab	44.7M	58.9M	109.3M	1.4M	7.2M	6.8M
Total Current Liabilities	187.2M	335.9M	367.3M	364.2M	602.2M	632.3M
Total Stockholder Equity	2.4B	2.5B	2.9B	3.3B	3.4B	3.6B
Other Liab	29.0M	52.2M	71.9M	75.4M	86.7M	91.0M
Retained Earnings	714.0M	885.4M	1.1B	1.2B	1.2B	623.8M
Accounts Payable	111.5M	197.3M	205.3M	279.2M	344.7M	362.0M
Cash	1.3B	1.2B	1.2B	846.9M	1.1B	684.6M
Other Assets	41.9M	37.9M	54.9M	142.7M	164.1M	172.3M
Net Receivables	602.9M	387.6M	799.0M	850.4M	635.8M	430.0M
Inventory	179.0M	294.1M	454.0M	596.3M	637.1M	669.0M
Other Current Assets	38.8M	57.7M	44.8M	32.4M	99.7M	104.6M
Total Liab	239.4M	508.0M	460.3M	657.2M	780.7M	819.7M
Intangible Assets	85.4M	178.4M	189.1M	211.1M	213.7M	108.6M
Common Stock	301.4M	301.3M	301.2M	301.2M	346.4M	215.2M
Property Plant Equipment	272.0M	314.4M	348.8M	452.6M	520.5M	546.5M
Long Term Debt	3.5M	100.1M	0.0	197.8M	46M	57.0M
Net Tangible Assets	2.1B	2.3B	2.4B	2.7B	3.1B	1.8B
Deferred Long Term Liab	5.7M	16.0M	13.7M	34.1M	39.2M	41.1M
Total Current Assets	2.2B	2.4B	2.5B	2.8B	2.9B	2.0B
Non Current Assets Total	440.7M	659.2M	866.9M	1.2B	1.3B	733.3M
Non Currrent Assets Other	440.7M	9.3M	59.7M	51.1M	40.3M	38.3M
Non Current Liabilities Total	52.2M	172.0M	93.0M	293.0M	178.4M	118.7M
Non Current Liabilities Other	20.4M	15.8M	17.7M	17.9M	10.3M	13.1M
Common Stock Shares Outstanding	301.3M	301.2M	301.2M	454.7M	457.7M	375.3M
Net Invested Capital	2.4B	2.6B	2.9B	3.5B	3.5B	2.8B
Net Working Capital	2.0B	2.0B	2.1B	2.4B	2.3B	2.1B
Capital Stock	301.3M	301.2M	301.2M	454.6M	457.6M	388.2M

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Other Information on Investing in Changsha Stock

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

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Changsha Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

Changsha Jingjia fundamental ratios Correlations

Changsha Jingjia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Changsha Jingjia fundamental ratios Accounts

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Other Information on Investing in Changsha Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Accounts Payable
Total Liab	+ 0.99	Accounts Payable
Inventory	+ 0.99	Other Assets

Long Term Debt	- 0.36	Other Current Liab
Common Stock Shares Outstanding	- 0.26	Other Current Liab
Non Currrent Assets Other	- 0.17	Long Term Debt
Non Current Liabilities Other	- 0.13	Other Current Assets
Non Current Liabilities Total	- 0.08	Other Current Liab
Common Stock Shares Outstanding	- 0.06	Non Current Liabilities Other