Jiangsu Non Current Assets Total vs Total Liab 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 Non Current Assets Total and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jinling Sports Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangsu Jinling's Non Current Assets Total and Total Liab is 0.79. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab 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 Non Current Assets Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Jiangsu Jinling Sports are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Jiangsu Jinling's Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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. 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.