Chengdu Property Plant And Equipment Gross vs Other Current Assets Analysis

301239 Stock

57.12 2.26 4.12%

Chengdu Bright financial indicator trend analysis is way more than just evaluating Chengdu Bright Eye prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu Bright Eye is a good investment. Please check the relationship between Chengdu Bright Property Plant And Equipment Gross and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu Bright Eye. 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.

Property Plant And Equipment Gross vs Other Current Assets

Property Plant And Equipment Gross vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu Bright Eye Property Plant And Equipment Gross account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Chengdu Bright's Property Plant And Equipment Gross and Other Current Assets is -0.62. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Chengdu Bright Eye, assuming nothing else is changed. The correlation between historical values of Chengdu Bright's Property Plant And Equipment Gross and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Chengdu Bright Eye are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Chengdu Bright's Property Plant And Equipment Gross and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Property Plant And Equipment Gross

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Chengdu Bright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Bright Eye 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 Chengdu Bright Eye. 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 December 2, 2024, Tax Provision is expected to decline to about 53.6 M. In addition to that, Selling General Administrative is expected to decline to about 381.4 M

	2021	2022	2023	2024 (projected)
Interest Expense	48.4M	57.6M	74.7M	41.4M
Interest Income	4.3M	14.4M	17.2M	9.2M

Interest Expense Interest Income

Chengdu Bright fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Non Current Liabilities Other
Total Assets		-0.88	0.98	0.96	0.91	0.89	0.9	1.0	0.54	0.9	0.84	0.69	0.94	0.96	0.98	-0.88	0.98	0.97	0.94	0.94	0.29	0.8	0.86	0.88	0.88	-0.6
Other Current Liab	-0.88		-0.82	-0.75	-0.85	-0.63	-0.68	-0.9	-0.48	-0.82	-0.61	-0.51	-0.66	-0.97	-0.79	1.0	-0.93	-0.75	-0.73	-0.66	-0.11	-0.69	-0.61	-0.63	-0.63	0.52
Total Current Liabilities	0.98	-0.82		0.93	0.92	0.95	0.83	0.98	0.37	0.88	0.91	0.76	0.93	0.94	1.0	-0.81	0.97	0.94	0.89	0.93	0.14	0.85	0.94	0.94	0.95	-0.63
Total Stockholder Equity	0.96	-0.75	0.93		0.84	0.88	0.97	0.93	0.65	0.86	0.79	0.66	0.98	0.86	0.95	-0.76	0.9	1.0	0.99	0.98	0.49	0.74	0.83	0.86	0.85	-0.57
Retained Earnings	0.91	-0.85	0.92	0.84		0.85	0.74	0.92	0.29	0.82	0.82	0.87	0.84	0.9	0.92	-0.85	0.92	0.85	0.81	0.84	0.1	0.95	0.88	0.9	0.89	-0.85
Accounts Payable	0.89	-0.63	0.95	0.88	0.85		0.77	0.89	0.21	0.73	0.98	0.83	0.93	0.8	0.96	-0.61	0.86	0.89	0.84	0.93	0.11	0.85	0.99	0.98	0.99	-0.65
Cash	0.9	-0.68	0.83	0.97	0.74	0.77		0.85	0.77	0.76	0.68	0.55	0.94	0.78	0.86	-0.71	0.81	0.96	0.99	0.94	0.67	0.62	0.7	0.75	0.73	-0.48
Non Current Assets Total	1.0	-0.9	0.98	0.93	0.92	0.89	0.85		0.48	0.91	0.84	0.69	0.91	0.98	0.97	-0.9	1.0	0.94	0.91	0.91	0.2	0.81	0.86	0.88	0.88	-0.6
Non Currrent Assets Other	0.54	-0.48	0.37	0.65	0.29	0.21	0.77	0.48		0.55	0.07	-0.05	0.52	0.47	0.39	-0.53	0.44	0.62	0.69	0.52	0.84	0.06	0.11	0.17	0.16	0.01
Long Term Debt	0.9	-0.82	0.88	0.86	0.82	0.73	0.76	0.91	0.55		0.62	0.51	0.79	0.87	0.86	-0.83	0.89	0.87	0.81	0.79	0.17	0.62	0.72	0.73	0.75	-0.45
Net Receivables	0.84	-0.61	0.91	0.79	0.82	0.98	0.68	0.84	0.07	0.62		0.85	0.87	0.77	0.92	-0.59	0.83	0.81	0.76	0.87	0.01	0.87	0.97	0.97	0.97	-0.67
Good Will	0.69	-0.51	0.76	0.66	0.87	0.83	0.55	0.69	-0.05	0.51	0.85		0.75	0.62	0.79	-0.51	0.67	0.68	0.63	0.75	0.0	0.97	0.89	0.9	0.88	-0.95
Common Stock Shares Outstanding	0.94	-0.66	0.93	0.98	0.84	0.93	0.94	0.91	0.52	0.79	0.87	0.75		0.81	0.96	-0.68	0.86	0.98	0.97	1.0	0.44	0.79	0.9	0.92	0.92	-0.63
Non Current Liabilities Total	0.96	-0.97	0.94	0.86	0.9	0.8	0.78	0.98	0.47	0.87	0.77	0.62	0.81		0.91	-0.96	0.99	0.87	0.84	0.81	0.14	0.77	0.77	0.79	0.79	-0.56
Inventory	0.98	-0.79	1.0	0.95	0.92	0.96	0.86	0.97	0.39	0.86	0.92	0.79	0.96	0.91		-0.78	0.95	0.96	0.92	0.96	0.2	0.86	0.95	0.96	0.96	-0.67
Other Current Assets	-0.88	1.0	-0.81	-0.76	-0.85	-0.61	-0.71	-0.9	-0.53	-0.83	-0.59	-0.51	-0.68	-0.96	-0.78		-0.93	-0.76	-0.75	-0.68	-0.17	-0.69	-0.6	-0.62	-0.62	0.54
Total Liab	0.98	-0.93	0.97	0.9	0.92	0.86	0.81	1.0	0.44	0.89	0.83	0.67	0.86	0.99	0.95	-0.93		0.9	0.87	0.86	0.14	0.81	0.84	0.85	0.85	-0.59
Net Invested Capital	0.97	-0.75	0.94	1.0	0.85	0.89	0.96	0.94	0.62	0.87	0.81	0.68	0.98	0.87	0.96	-0.76	0.9		0.99	0.98	0.46	0.75	0.85	0.88	0.87	-0.57
Total Current Assets	0.94	-0.73	0.89	0.99	0.81	0.84	0.99	0.91	0.69	0.81	0.76	0.63	0.97	0.84	0.92	-0.75	0.87	0.99		0.97	0.57	0.7	0.78	0.82	0.81	-0.54
Capital Stock	0.94	-0.66	0.93	0.98	0.84	0.93	0.94	0.91	0.52	0.79	0.87	0.75	1.0	0.81	0.96	-0.68	0.86	0.98	0.97		0.44	0.79	0.9	0.92	0.92	-0.63
Net Working Capital	0.29	-0.11	0.14	0.49	0.1	0.11	0.67	0.2	0.84	0.17	0.01	0.0	0.44	0.14	0.2	-0.17	0.14	0.46	0.57	0.44		0.0	0.02	0.09	0.05	-0.04
Intangible Assets	0.8	-0.69	0.85	0.74	0.95	0.85	0.62	0.81	0.06	0.62	0.87	0.97	0.79	0.77	0.86	-0.69	0.81	0.75	0.7	0.79	0.0		0.9	0.92	0.9	-0.93
Property Plant And Equipment Net	0.86	-0.61	0.94	0.83	0.88	0.99	0.7	0.86	0.11	0.72	0.97	0.89	0.9	0.77	0.95	-0.6	0.84	0.85	0.78	0.9	0.02	0.9		1.0	1.0	-0.73
Capital Lease Obligations	0.88	-0.63	0.94	0.86	0.9	0.98	0.75	0.88	0.17	0.73	0.97	0.9	0.92	0.79	0.96	-0.62	0.85	0.88	0.82	0.92	0.09	0.92	1.0		1.0	-0.76
Property Plant And Equipment Gross	0.88	-0.63	0.95	0.85	0.89	0.99	0.73	0.88	0.16	0.75	0.97	0.88	0.92	0.79	0.96	-0.62	0.85	0.87	0.81	0.92	0.05	0.9	1.0	1.0		-0.73
Non Current Liabilities Other	-0.6	0.52	-0.63	-0.57	-0.85	-0.65	-0.48	-0.6	0.01	-0.45	-0.67	-0.95	-0.63	-0.56	-0.67	0.54	-0.59	-0.57	-0.54	-0.63	-0.04	-0.93	-0.73	-0.76	-0.73

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TITAN	Titan Company Limited
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PAYC	Paycom Soft

Other Information on Investing in Chengdu Stock

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

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Chengdu Property Plant And Equipment Gross vs Other Current Assets Analysis

Property Plant And Equipment Gross vs Other Current Assets

Property Plant And Equipment Gross vs Other Current Assets Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Gross

Other Current Assets

Chengdu Bright fundamental ratios Correlations

Chengdu Bright Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Chengdu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Other Current Liab
Inventory	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Non Current Assets Total
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Non Current Liabilities Total	- 0.97	Other Current Liab
Other Current Assets	- 0.96	Non Current Liabilities Total
Non Current Liabilities Other	- 0.95	Good Will
Non Current Liabilities Other	- 0.93	Intangible Assets
Total Liab	- 0.93	Other Current Assets
Total Liab	- 0.93	Other Current Liab