Jiangsu Accounts Payable vs Total Stockholder Equity Analysis

300651 Stock   12.85  0.11  0.85%   
Jiangsu Jinling financial indicator trend analysis is infinitely more than just investigating Jiangsu Jinling Sports recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Jinling Sports is a good investment. Please check the relationship between Jiangsu Jinling Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Jinling Sports. 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.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jinling Sports Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangsu Jinling's Accounts Payable and Total Stockholder Equity is 0.41. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Jiangsu Jinling Sports, assuming nothing else is changed. The correlation between historical values of Jiangsu Jinling's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jiangsu Jinling Sports are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Jiangsu Jinling's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Jiangsu Jinling obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jiangsu Jinling Sports are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Jiangsu Jinling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Jinling Sports 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 Jiangsu Jinling Sports. 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 46.1 M, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit164.8M154.3M177.4M172.6M
Total Revenue474.4M513.9M591.0M495.5M

Jiangsu Jinling fundamental ratios Correlations

0.86-0.910.650.980.910.90.690.970.570.680.970.650.690.680.490.960.330.880.910.98-0.20.750.940.780.97
0.86-0.860.610.780.680.820.580.780.640.910.770.850.780.890.260.870.320.690.890.89-0.420.550.750.960.85
-0.91-0.86-0.63-0.89-0.88-0.89-0.64-0.89-0.52-0.71-0.9-0.67-0.66-0.73-0.54-0.89-0.24-0.76-0.81-0.870.29-0.69-0.92-0.81-0.93
0.650.61-0.630.60.610.570.630.520.620.450.650.350.340.390.50.70.330.610.670.620.230.440.60.440.62
0.980.78-0.890.60.950.820.670.990.410.60.990.590.690.610.590.880.310.940.790.91-0.070.840.950.680.91
0.910.68-0.880.610.950.80.710.930.330.450.980.40.530.450.780.810.30.860.70.8-0.040.860.940.580.87
0.90.82-0.890.570.820.80.720.820.630.610.830.560.590.620.390.930.350.620.920.9-0.440.540.860.820.95
0.690.58-0.640.630.670.710.720.590.280.190.740.250.60.20.650.640.630.580.640.610.050.60.70.460.67
0.970.78-0.890.520.990.930.820.590.420.630.970.630.670.650.520.880.230.90.790.92-0.170.840.940.710.91
0.570.64-0.520.620.410.330.630.280.420.640.40.510.170.63-0.060.760.050.250.80.69-0.470.090.510.680.65
0.680.91-0.710.450.60.450.610.190.630.640.550.90.620.97-0.020.730.070.540.750.76-0.510.350.540.910.68
0.970.77-0.90.650.990.980.830.740.970.40.550.530.660.550.680.880.350.920.790.89-0.050.850.960.660.92
0.650.85-0.670.350.590.40.560.250.630.510.90.530.720.96-0.080.67-0.060.530.670.72-0.440.370.540.850.63
0.690.78-0.660.340.690.530.590.60.670.170.620.660.720.620.220.580.560.70.60.68-0.130.540.60.680.63
0.680.89-0.730.390.610.450.620.20.650.630.970.550.960.62-0.040.73-0.060.510.730.76-0.560.360.580.920.7
0.490.26-0.540.50.590.780.390.650.52-0.06-0.020.68-0.080.22-0.040.350.340.590.210.30.340.750.610.110.43
0.960.87-0.890.70.880.810.930.640.880.760.730.880.670.580.730.350.240.740.970.98-0.340.590.90.830.97
0.330.32-0.240.330.310.30.350.630.230.050.070.35-0.060.56-0.060.340.240.350.340.30.150.260.260.220.28
0.880.69-0.760.610.940.860.620.580.90.250.540.920.530.70.510.590.740.350.650.810.180.830.810.520.76
0.910.89-0.810.670.790.70.920.640.790.80.750.790.670.60.730.210.970.340.650.96-0.420.470.80.870.93
0.980.89-0.870.620.910.80.90.610.920.690.760.890.720.680.760.30.980.30.810.96-0.330.620.880.840.96
-0.2-0.420.290.23-0.07-0.04-0.440.05-0.17-0.47-0.51-0.05-0.44-0.13-0.560.34-0.340.150.18-0.42-0.330.13-0.18-0.66-0.36
0.750.55-0.690.440.840.860.540.60.840.090.350.850.370.540.360.750.590.260.830.470.620.130.790.420.62
0.940.75-0.920.60.950.940.860.70.940.510.540.960.540.60.580.610.90.260.810.80.88-0.180.790.690.95
0.780.96-0.810.440.680.580.820.460.710.680.910.660.850.680.920.110.830.220.520.870.84-0.660.420.690.82
0.970.85-0.930.620.910.870.950.670.910.650.680.920.630.630.70.430.970.280.760.930.96-0.360.620.950.82
Click cells to compare fundamentals

Jiangsu Jinling Account Relationship Matchups

Jiangsu Jinling fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets980.5M1.3B1.3B1.3B1.5B885.3M
Short Long Term Debt Total96.2M236.6M238.0M246.0M282.9M297.0M
Other Current Liab5.6M13.3M14.4M7.9M7.1M6.8M
Total Current Liabilities277.7M266.7M245.7M228.1M262.4M244.0M
Total Stockholder Equity686.4M739.3M765.5M815.1M937.3M565.9M
Property Plant And Equipment Net370.0M382.0M347.6M302.6M348.0M257.7M
Current Deferred Revenue98.2M138.6M133.0M105.2M121.0M64.8M
Net Debt44.5M95.2M98.1M6.8M7.8M7.4M
Retained Earnings319.7M332.3M355.3M399.7M459.7M280.3M
Accounts Payable77.7M101.4M93.4M107.5M123.6M84.9M
Cash51.7M141.4M140.0M239.2M275.1M288.8M
Non Current Assets Total507.5M562.1M561.3M520.1M598.1M400.7M
Non Currrent Assets Other27.2M2.7M281.2M327.5M376.6M395.4M
Other Assets1.019.4M18.8M63.2M72.6M76.3M
Cash And Short Term Investments71.7M141.4M343.7M489.9M563.4M591.6M
Net Receivables252.9M233.2M185.5M109.0M125.3M187.5M
Liabilities And Stockholders Equity980.5M1.3B1.3B1.3B1.5B885.3M
Inventory140.1M172.1M181.1M182.0M209.3M126.5M
Other Current Assets8.3M144.1M6.6M10.9M12.5M11.9M
Total Liab286.0M500.7M492.5M481.3M553.5M313.7M
Total Current Assets473.0M690.8M716.8M791.8M910.6M484.6M
Short Term Debt96.2M13.4M4.9M7.5M6.8M6.5M
Intangible Assets52.7M51.2M49.7M48.1M55.3M50.6M
Non Current Liabilities Total8.2M234.0M246.8M253.2M291.2M305.7M
Other Liab4.5M7.1M8.2M10.8M12.4M6.7M
Net Tangible Assets591.8M614.7M633.7M688.0M791.2M620.6M
Short Long Term Debt65.9M96.2M10.0M760K684K649.8K
Property Plant Equipment318.6M344.5M370.0M382.0M439.3M327.8M
Deferred Long Term Liab1.5M1.1M961.2K3.3M3.8M4.0M
Net Invested Capital782.6M968.4M994.3M1.1B1.2B948.4M
Net Working Capital195.3M424.1M471.1M563.6M648.2M353.6M
Short Term Investments20.0M(47.1M)203.8M250.8M288.4M302.8M
Property Plant And Equipment Gross504.1M539.2M536.3M516.2M593.7M560.7M
Accumulated Other Comprehensive Income42.4M81.9M85.1M36.1M41.5M61.4M

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Other Information on Investing in Jiangsu Stock

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