Penyao Total Current Liabilities vs Cash Analysis

300664 Stock

5.50 0.19 3.58%

Penyao Environmental financial indicator trend analysis is much more than just breaking down Penyao Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Penyao Environmental is a good investment. Please check the relationship between Penyao Environmental Total Current Liabilities and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Penyao Environmental Protection. 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Penyao Environmental Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Penyao Environmental's Total Current Liabilities and Cash is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Penyao Environmental Protection, assuming nothing else is changed. The correlation between historical values of Penyao Environmental's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Penyao Environmental Protection are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Penyao Environmental's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Penyao Environmental balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Penyao Environmental Protection 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.

Cash

Cash refers to the most liquid asset of Penyao Environmental, which is listed under current asset account on Penyao Environmental Protection balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Penyao Environmental customers. The amounts must be unrestricted with restricted cash listed in a different Penyao Environmental account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Penyao Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Penyao Environmental 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 Penyao Environmental Protection. 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 November 23, 2024, Tax Provision is expected to decline to about 93.1 M. In addition to that, Selling General Administrative is expected to decline to about 71.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	701.8M	648.4M	731.3M	656.0M
Total Revenue	2.1B	1.9B	2.1B	1.7B

Gross Profit Total Revenue

Penyao Environmental fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.47	0.99	1.0	0.97	0.98	0.98	0.99	0.69	0.99	-0.93	0.88	0.88	0.9	0.94	0.5	0.79	1.0	0.98	0.9	0.99	0.97	0.81	0.81	0.94	0.9
Other Current Liab	0.47		0.49	0.45	0.35	0.43	0.42	0.5	0.69	0.44	-0.52	0.32	0.32	0.42	0.36	0.46	0.46	0.47	0.46	0.4	0.49	0.31	0.55	-0.05	0.32	0.12
Total Current Liabilities	0.99	0.49		0.99	0.96	0.97	0.97	0.99	0.67	0.98	-0.93	0.88	0.82	0.9	0.89	0.47	0.78	0.99	0.98	0.93	0.98	0.96	0.86	0.79	0.95	0.89
Total Stockholder Equity	1.0	0.45	0.99		0.98	0.98	0.98	0.99	0.68	0.99	-0.92	0.88	0.89	0.91	0.94	0.49	0.77	1.0	0.98	0.9	0.99	0.98	0.8	0.82	0.94	0.91
Other Liab	0.97	0.35	0.96	0.98		0.96	0.99	0.97	0.53	0.98	-0.85	0.9	0.84	0.87	0.91	0.41	0.67	0.97	0.97	0.89	0.95	0.99	0.77	0.83	0.98	0.9
Net Tangible Assets	0.98	0.43	0.97	0.98	0.96		0.95	0.98	0.65	0.96	-0.95	0.93	0.85	0.86	0.91	0.55	0.78	0.97	0.95	0.83	0.98	0.95	0.83	0.74	0.92	0.89
Retained Earnings	0.98	0.42	0.97	0.98	0.99	0.95		0.98	0.59	0.99	-0.86	0.89	0.86	0.89	0.93	0.41	0.68	0.98	0.98	0.91	0.95	0.99	0.75	0.84	0.97	0.9
Accounts Payable	0.99	0.5	0.99	0.99	0.97	0.98	0.98		0.65	0.98	-0.93	0.91	0.82	0.9	0.9	0.55	0.73	0.99	0.97	0.88	0.98	0.96	0.84	0.77	0.94	0.87
Cash	0.69	0.69	0.67	0.68	0.53	0.65	0.59	0.65		0.65	-0.74	0.48	0.69	0.47	0.69	0.38	0.76	0.69	0.57	0.61	0.71	0.56	0.55	0.37	0.49	0.59
Non Current Assets Total	0.99	0.44	0.98	0.99	0.98	0.96	0.99	0.98	0.65		-0.89	0.89	0.86	0.88	0.93	0.42	0.72	0.99	0.98	0.91	0.97	0.98	0.76	0.84	0.96	0.92
Non Currrent Assets Other	-0.93	-0.52	-0.93	-0.92	-0.85	-0.95	-0.86	-0.93	-0.74	-0.89		-0.86	-0.78	-0.86	-0.83	-0.64	-0.88	-0.92	-0.89	-0.78	-0.96	-0.84	-0.85	-0.65	-0.79	-0.82
Other Assets	0.88	0.32	0.88	0.88	0.9	0.93	0.89	0.91	0.48	0.89	-0.86		0.71	0.78	0.79	0.5	0.61	0.87	0.87	0.7	0.86	0.88	0.68	0.7	0.87	0.85
Long Term Debt	0.88	0.32	0.82	0.89	0.84	0.85	0.86	0.82	0.69	0.86	-0.78	0.71		0.78	0.99	0.42	0.72	0.88	0.81	0.72	0.88	0.88	0.52	0.78	0.77	0.84
Net Receivables	0.9	0.42	0.9	0.91	0.87	0.86	0.89	0.9	0.47	0.88	-0.86	0.78	0.78		0.84	0.58	0.72	0.9	0.93	0.8	0.91	0.87	0.77	0.76	0.82	0.74
Non Current Liabilities Total	0.94	0.36	0.89	0.94	0.91	0.91	0.93	0.9	0.69	0.93	-0.83	0.79	0.99	0.84		0.44	0.73	0.94	0.89	0.8	0.93	0.94	0.61	0.82	0.85	0.88
Inventory	0.5	0.46	0.47	0.49	0.41	0.55	0.41	0.55	0.38	0.42	-0.64	0.5	0.42	0.58	0.44		0.34	0.48	0.41	0.19	0.55	0.39	0.51	0.21	0.25	0.33
Other Current Assets	0.79	0.46	0.78	0.77	0.67	0.78	0.68	0.73	0.76	0.72	-0.88	0.61	0.72	0.72	0.73	0.34		0.78	0.76	0.73	0.83	0.68	0.75	0.52	0.65	0.67
Total Liab	1.0	0.47	0.99	1.0	0.97	0.97	0.98	0.99	0.69	0.99	-0.92	0.87	0.88	0.9	0.94	0.48	0.78		0.98	0.92	0.99	0.98	0.81	0.82	0.94	0.91
Deferred Long Term Liab	0.98	0.46	0.98	0.98	0.97	0.95	0.98	0.97	0.57	0.98	-0.89	0.87	0.81	0.93	0.89	0.41	0.76	0.98		0.92	0.96	0.97	0.83	0.8	0.97	0.85
Short Long Term Debt	0.9	0.4	0.93	0.9	0.89	0.83	0.91	0.88	0.61	0.91	-0.78	0.7	0.72	0.8	0.8	0.19	0.73	0.92	0.92		0.88	0.9	0.81	0.82	0.92	0.84
Total Current Assets	0.99	0.49	0.98	0.99	0.95	0.98	0.95	0.98	0.71	0.97	-0.96	0.86	0.88	0.91	0.93	0.55	0.83	0.99	0.96	0.88		0.95	0.84	0.77	0.9	0.88
Non Current Liabilities Other	0.97	0.31	0.96	0.98	0.99	0.95	0.99	0.96	0.56	0.98	-0.84	0.88	0.88	0.87	0.94	0.39	0.68	0.98	0.97	0.9	0.95		0.74	0.88	0.97	0.93
Short Term Debt	0.81	0.55	0.86	0.8	0.77	0.83	0.75	0.84	0.55	0.76	-0.85	0.68	0.52	0.77	0.61	0.51	0.75	0.81	0.83	0.81	0.84	0.74		0.49	0.76	0.62
Intangible Assets	0.81	-0.05	0.79	0.82	0.83	0.74	0.84	0.77	0.37	0.84	-0.65	0.7	0.78	0.76	0.82	0.21	0.52	0.82	0.8	0.82	0.77	0.88	0.49		0.83	0.92
Common Stock	0.94	0.32	0.95	0.94	0.98	0.92	0.97	0.94	0.49	0.96	-0.79	0.87	0.77	0.82	0.85	0.25	0.65	0.94	0.97	0.92	0.9	0.97	0.76	0.83		0.88
Property Plant Equipment	0.9	0.12	0.89	0.91	0.9	0.89	0.9	0.87	0.59	0.92	-0.82	0.85	0.84	0.74	0.88	0.33	0.67	0.91	0.85	0.84	0.88	0.93	0.62	0.92	0.88

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Penyao Environmental Account Relationship Matchups

Penyao Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	6.7B	7.1B	8.1B	7.9B	6.8B
Other Current Liab	336.4M	365.4M	312.3M	358.1M	69.2M	65.7M
Total Current Liabilities	1.7B	2.0B	2.1B	2.4B	2.4B	1.9B
Total Stockholder Equity	3.3B	3.5B	3.8B	4.3B	4.3B	3.6B
Other Liab	252.9M	287.8M	298.0M	327.4M	376.5M	274.2M
Net Tangible Assets	3.2B	3.4B	3.1B	3.4B	4.0B	3.2B
Retained Earnings	1.6B	1.9B	2.2B	2.4B	2.4B	1.9B
Accounts Payable	841.7M	917.6M	951.8M	1.0B	1.1B	814.4M
Cash	632.2M	693.1M	447.2M	904.7M	376.9M	627.0M
Non Current Assets Total	3.8B	4.3B	4.4B	4.9B	4.7B	4.3B
Non Currrent Assets Other	7.9M	3.1M	385.2M	274.3M	69.0M	65.6M
Other Assets	3.2B	3.5B	3.2B	3.1B	3.5B	3.4B
Long Term Debt	702.3M	613.6M	717.9M	922.9M	831.3M	787.4M
Net Receivables	1.0B	705.6M	1.7B	1.0B	1.3B	1.0B
Non Current Liabilities Total	955.1M	901.4M	1.0B	1.3B	1.2B	1.1B
Inventory	601.3M	110.8M	227.3M	81.7M	144.8M	191.3M
Other Current Assets	181.2M	288.0M	273.6M	333.4M	280.4M	275.5M
Total Liab	2.7B	2.9B	3.1B	3.7B	3.5B	3.0B
Deferred Long Term Liab	4.0M	6.4M	8.5M	8.0M	9.2M	5.1M
Short Long Term Debt	309M	546.7M	676.7M	877.5M	735.7M	546.2M
Total Current Assets	2.5B	2.4B	2.6B	3.2B	3.2B	2.5B
Non Current Liabilities Other	154.6M	169.0M	184.0M	207.8M	225.6M	181.5M
Intangible Assets	72.0M	75.5M	646.2M	822.1M	1.0B	1.1B
Property Plant Equipment	366.1M	527.1M	426.0M	838.8M	964.6M	1.0B
Net Debt	379.1M	467.2M	947.4M	895.7M	1.2B	746.9M
Net Invested Capital	4.3B	4.7B	5.2B	6.1B	5.8B	5.2B
Net Working Capital	769.2M	384.4M	523.8M	795.9M	815.6M	663.3M

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Other Information on Investing in Penyao Stock

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

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Penyao Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

Penyao Environmental fundamental ratios Correlations

Penyao Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Penyao Environmental fundamental ratios Accounts

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Other Information on Investing in Penyao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Total Current Assets	- 0.96	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Net Tangible Assets
Non Currrent Assets Other	- 0.93	Accounts Payable
Non Currrent Assets Other	- 0.93	Total Current Liabilities
Non Currrent Assets Other	- 0.93	Total Assets
Total Liab	- 0.92	Non Currrent Assets Other