Beijing Total Current Liabilities vs Deferred Long Term Liab Analysis

300895 Stock   34.51  0.13  0.38%   
Beijing Topnew financial indicator trend analysis is way more than just evaluating Beijing Topnew Info prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Topnew Info is a good investment. Please check the relationship between Beijing Topnew Total Current Liabilities and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Topnew Info. 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 Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Topnew Info Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Topnew's Total Current Liabilities and Deferred Long Term Liab is 0.82. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Beijing Topnew Info, assuming nothing else is changed. The correlation between historical values of Beijing Topnew's Total Current Liabilities and Deferred Long Term 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 Total Current Liabilities of Beijing Topnew Info are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., Beijing Topnew's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

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

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Beijing Topnew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Topnew Info 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 Beijing Topnew Info. 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 26.9 M, whereas Tax Provision is projected to grow to (22.6 M).
 2021 2022 2023 2024 (projected)
Interest Income8.6M4.5M2.7M5.1M
Net Interest Income5.9M3.4M2.4M4.7M

Beijing Topnew fundamental ratios Correlations

0.32-0.070.20.02-0.040.02-0.03-0.060.290.12-0.08-0.16-0.02-0.090.24-0.070.3-0.06-0.18-0.12-0.12-0.2-0.210.01-0.27
0.320.750.830.910.760.680.840.850.820.930.660.610.840.770.750.711.00.690.60.760.810.620.530.710.51
-0.070.750.770.750.970.830.830.690.920.90.980.890.970.980.620.970.750.940.960.970.910.930.820.390.82
0.20.830.770.880.790.690.860.820.750.90.670.520.840.810.670.760.820.760.590.790.840.560.450.640.31
0.020.910.750.880.750.640.880.980.670.90.650.520.820.770.670.70.910.670.580.760.850.60.480.830.46
-0.040.760.970.790.750.820.870.70.880.870.940.870.970.980.530.990.760.980.930.970.860.910.770.460.78
0.020.680.830.690.640.820.870.50.790.770.870.810.840.830.320.830.690.770.840.830.770.870.890.450.73
-0.030.840.830.860.880.870.870.790.740.870.780.720.90.870.440.850.850.810.730.870.850.770.710.750.59
-0.060.850.690.820.980.70.50.790.580.840.570.450.770.730.680.650.850.640.520.720.810.530.390.80.41
0.290.820.920.750.670.880.790.740.580.90.890.830.90.880.710.870.810.840.850.870.830.820.710.320.72
0.120.930.90.90.90.870.770.870.840.90.820.760.950.910.80.850.920.830.770.910.960.770.670.580.62
-0.080.660.980.670.650.940.870.780.570.890.820.910.920.930.480.950.660.910.980.930.830.960.880.330.88
-0.160.610.890.520.520.870.810.720.450.830.760.910.880.90.480.910.620.880.950.910.810.960.920.180.9
-0.020.840.970.840.820.970.840.90.770.90.950.920.880.990.670.970.840.960.910.990.950.90.790.490.75
-0.090.770.980.810.770.980.830.870.730.880.910.930.90.990.630.990.770.970.931.00.940.920.810.420.76
0.240.750.620.670.670.530.320.440.680.710.80.480.480.670.630.530.730.540.470.620.770.420.310.240.33
-0.070.710.970.760.70.990.830.850.650.870.850.950.910.970.990.530.720.990.950.990.870.930.820.370.79
0.31.00.750.820.910.760.690.850.850.810.920.660.620.840.770.730.720.690.610.770.820.640.550.720.52
-0.060.690.940.760.670.980.770.810.640.840.830.910.880.960.970.540.990.690.910.970.850.890.750.330.73
-0.180.60.960.590.580.930.840.730.520.850.770.980.950.910.930.470.950.610.910.940.830.990.910.220.91
-0.120.760.970.790.760.970.830.870.720.870.910.930.910.991.00.620.990.770.970.940.940.920.820.410.78
-0.120.810.910.840.850.860.770.850.810.830.960.830.810.950.940.770.870.820.850.830.940.820.740.470.67
-0.20.620.930.560.60.910.870.770.530.820.770.960.960.90.920.420.930.640.890.990.920.820.950.290.94
-0.210.530.820.450.480.770.890.710.390.710.670.880.920.790.810.310.820.550.750.910.820.740.950.20.89
0.010.710.390.640.830.460.450.750.80.320.580.330.180.490.420.240.370.720.330.220.410.470.290.20.22
-0.270.510.820.310.460.780.730.590.410.720.620.880.90.750.760.330.790.520.730.910.780.670.940.890.22
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Beijing Topnew Account Relationship Matchups

Beijing Topnew fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab64.1M24.4M29.9M37.4M4.9M4.7M
Total Current Liabilities101.5M222.2M346.2M141.1M98.6M149.7M
Net Tangible Assets537.4M868.0M917.6M843.6M970.2M524.6M
Retained Earnings167.6M223.1M267.7M192.7M46.3M44.0M
Accounts Payable35.8M196.1M307.5M93.3M45.0M42.8M
Other Assets168.3M174.6M232.6M179.3M206.2M110.3M
Net Receivables47.3M45.5M153.7M197.2M105.7M78.9M
Inventory78.8M76.6M225.9M141.1M54.5M74.7M
Other Current Assets16.1M145.6M182.5M29.1M21.6M20.5M
Deferred Long Term Liab20.9M25.6M27.6M25.5M29.3M20.2M
Total Current Assets321.8M724.9M817.0M540.2M386.6M438.6M
Common Stock72.7M97.0M116.4M128.0M147.2M77.6M
Property Plant Equipment180.0M221.6M253.2M313.9M361.0M379.0M
Total Assets928.1M1.4B1.5B1.3B1.1B991.9M
Total Stockholder Equity795.3M1.1B1.2B1.1B968.0M790.7M
Cash179.5M440.8M254.9M170.3M185.4M256.6M
Non Current Assets Total606.3M646.6M731.2M737.0M720.5M502.9M
Total Liab101.5M222.2M353.5M150.3M102.9M168.8M
Intangible Assets258.0M250.4M245.4M243.8M242.6M171.7M
Common Stock Shares Outstanding58.8M87.3M116.4M140.8M161.9M111.1M
Net Invested Capital795.3M1.1B1.2B1.1B975.2M884.0M
Net Working Capital220.3M502.7M470.8M399.2M288.0M353.4M
Capital Stock72.7M97.0M116.4M128.0M140.8M110.7M

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Other Information on Investing in Beijing Stock

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