Guangzhou Other Liab vs Total Current Liabilities Analysis

300616 Stock   13.29  0.47  3.42%   
Guangzhou Shangpin financial indicator trend analysis is much more than just examining Guangzhou Shangpin Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Shangpin Home is a good investment. Please check the relationship between Guangzhou Shangpin Other Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Shangpin Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Total Current Liabilities

Other Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Shangpin Home Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Shangpin's Other Liab and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Guangzhou Shangpin Home, assuming nothing else is changed. The correlation between historical values of Guangzhou Shangpin's Other Liab and Total Current Liabilities 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 Guangzhou Shangpin Home are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Guangzhou Shangpin's Other Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Current Liabilities

Total Current Liabilities is an item on Guangzhou Shangpin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guangzhou Shangpin Home are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Guangzhou Shangpin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Shangpin Home 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 Guangzhou Shangpin Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 1.3 B, whereas Tax Provision is projected to grow to (9.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.4B1.8B1.7B1.8B
Total Revenue7.3B5.3B4.9B6.5B

Guangzhou Shangpin fundamental ratios Correlations

-0.040.990.970.970.060.980.990.770.910.560.420.880.890.750.950.190.930.90.970.780.940.880.870.890.92
-0.04-0.060.06-0.2-0.70.0-0.06-0.1-0.28-0.280.15-0.22-0.36-0.47-0.120.780.15-0.20.15-0.36-0.05-0.40.11-0.12-0.39
0.99-0.060.940.970.110.960.990.790.920.520.380.880.860.780.920.140.880.910.940.80.90.870.810.860.93
0.970.060.940.92-0.110.990.950.720.850.540.470.860.840.630.960.290.980.840.990.70.960.830.940.90.82
0.97-0.20.970.920.190.950.980.720.930.680.460.870.950.820.950.010.850.90.890.780.910.90.80.860.96
0.06-0.70.11-0.110.19-0.090.060.070.310.31-0.090.060.290.62-0.03-0.37-0.150.27-0.140.37-0.110.26-0.21-0.130.38
0.980.00.960.990.95-0.090.980.740.880.560.460.890.870.660.980.170.940.860.970.730.960.860.910.920.86
0.99-0.060.990.950.980.060.980.770.910.550.450.890.880.750.950.120.890.90.950.770.910.870.840.880.91
0.77-0.10.790.720.720.070.740.770.870.10.040.930.580.760.680.020.660.920.750.890.730.870.690.80.72
0.91-0.280.920.850.930.310.880.910.870.530.280.940.880.930.88-0.040.780.990.830.930.840.970.770.840.92
0.56-0.280.520.540.680.310.560.550.10.530.730.370.790.50.66-0.090.50.440.450.260.530.50.50.390.6
0.420.150.380.470.46-0.090.460.450.040.280.730.260.460.190.480.160.470.250.43-0.080.430.250.540.330.31
0.88-0.220.880.860.870.060.890.890.930.940.370.260.790.790.87-0.060.790.950.840.880.870.970.830.920.84
0.89-0.360.860.840.950.290.870.880.580.880.790.460.790.810.93-0.120.770.820.770.740.870.880.730.80.92
0.75-0.470.780.630.820.620.660.750.760.930.50.190.790.810.68-0.180.560.910.610.90.640.880.520.640.88
0.95-0.120.920.960.95-0.030.980.950.680.880.660.480.870.930.680.050.90.840.910.720.950.880.880.90.86
0.190.780.140.290.01-0.370.170.120.02-0.04-0.090.16-0.06-0.12-0.180.050.440.040.37-0.110.12-0.150.36-0.01-0.13
0.930.150.880.980.85-0.150.940.890.660.780.50.470.790.770.560.90.440.780.980.630.920.760.960.850.75
0.9-0.20.910.840.90.270.860.90.920.990.440.250.950.820.910.840.040.780.840.930.820.950.770.820.88
0.970.150.940.990.89-0.140.970.950.750.830.450.430.840.770.610.910.370.980.840.690.930.80.930.870.8
0.78-0.360.80.70.780.370.730.770.890.930.26-0.080.880.740.90.72-0.110.630.930.690.710.920.590.750.84
0.94-0.050.90.960.91-0.110.960.910.730.840.530.430.870.870.640.950.120.920.820.930.710.860.910.970.84
0.88-0.40.870.830.90.260.860.870.870.970.50.250.970.880.880.88-0.150.760.950.80.920.860.780.880.91
0.870.110.810.940.8-0.210.910.840.690.770.50.540.830.730.520.880.360.960.770.930.590.910.780.860.67
0.89-0.120.860.90.86-0.130.920.880.80.840.390.330.920.80.640.9-0.010.850.820.870.750.970.880.860.82
0.92-0.390.930.820.960.380.860.910.720.920.60.310.840.920.880.86-0.130.750.880.80.840.840.910.670.82
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Guangzhou Shangpin Account Relationship Matchups

Guangzhou Shangpin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.2B8.0B8.2B8.8B4.9B
Other Current Liab478.2M163.4M122.5M77.5M87.5M83.1M
Total Current Liabilities2.5B2.6B3.5B3.7B4.4B2.2B
Total Stockholder Equity3.5B3.5B3.6B3.6B3.6B2.4B
Property Plant And Equipment Net1.7B2.0B2.9B2.7B2.6B1.4B
Net Debt(1.5B)(900.1M)417.8M442.8M22.2M23.3M
Retained Earnings1.8B1.8B1.8B1.8B1.9B1.2B
Accounts Payable833.3M691.3M995.7M960.3M1.0B594.2M
Cash1.5B1.0B1.4B1.6B3.0B3.1B
Non Current Assets Total2.4B2.8B4.2B4.5B4.4B4.6B
Non Currrent Assets Other71.0M1.2B1.7B800.4M56.5M53.6M
Other Assets282.7M249.0M761.2M1.01.151.09
Cash And Short Term Investments2.7B2.2B2.5B2.3B3.3B3.5B
Net Receivables172.6M240.0M289.4M300.9M196.7M158.0M
Liabilities And Stockholders Equity6.1B6.2B8.0B8.2B8.8B4.9B
Non Current Liabilities Total57.6M178.7M883.1M926.1M808.4M848.9M
Inventory814.3M944.4M886.5M883.0M776.6M588.8M
Other Current Assets82.4M125.8M44.5M164.0M86.7M82.3M
Other Stockholder Equity1.5B1.5B1.5B1.5B1.5B966.9M
Total Liab2.6B2.7B4.4B4.6B5.2B5.4B
Total Current Assets3.7B3.5B3.7B3.6B4.4B2.7B
Intangible Assets498.1M569.0M613.8M1.5B1.5B1.6B
Other Liab26.3M57.6M67.3M80.1M92.1M96.7M
Net Tangible Assets3.1B3.0B3.0B2.1B2.4B2.7B
Deferred Long Term Liab156.0M174.6M145.0M148.4M170.6M141.1M
Property Plant Equipment1.2B1.7B2.0B2.9B3.3B1.7B
Net Invested Capital3.5B3.6B4.8B5.1B6.2B4.6B
Net Working Capital1.2B921.0M215.7M(25.9M)62.8M59.7M
Short Term Debt59.7M28.0M1.0B1.2B2.3B2.4B
Short Term Investments1.2B1.1B1.1B731.7M301.2M286.1M

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Other Information on Investing in Guangzhou Stock

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