China Long Term Debt vs Cash Analysis

600029 Stock

7.24 0.27 3.87%

China Southern financial indicator trend analysis is way more than just evaluating China Southern Airlines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Southern Airlines is a good investment. Please check the relationship between China Southern Long Term Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Southern Airlines. 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.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Southern Airlines Long Term Debt account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between China Southern's Long Term Debt and Cash is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of China Southern Airlines, assuming nothing else is changed. The correlation between historical values of China Southern's Long Term Debt 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 Long Term Debt of China Southern Airlines 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 Long Term Debt i.e., China Southern's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that China Southern Airlines has held for over one year. Long-term debt appears on China Southern Airlines balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Southern Airlines balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of China Southern Airlines, which is listed under current asset account on China Southern Airlines balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from China Southern customers. The amounts must be unrestricted with restricted cash listed in a different China Southern 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 China Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Southern Airlines 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 China Southern Airlines. 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 7.9 B. The current year's Tax Provision is expected to grow to about 1.5 B

	2023	2024 (projected)
Non Recurring	57.5M	30.0M
Research Development	511M	293.4M

Non Recurring Research Development

China Southern fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Intangible Assets	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Other Stockholder Equity	Non Current Assets Total
Total Assets		0.15	0.79	0.82	-0.07	-0.11	0.08	0.42	0.62	-0.04	0.2	0.64	0.3	0.99	0.39	0.85	0.54	0.55	0.75	0.67	0.84	0.79	0.82	0.85	0.6	0.79
Other Current Liab	0.15		-0.04	0.13	0.83	0.2	-0.3	0.48	-0.21	0.62	0.45	0.31	0.79	0.15	0.76	-0.03	-0.23	0.07	-0.22	-0.22	-0.2	-0.03	-0.14	-0.14	-0.15	-0.13
Total Current Liabilities	0.79	-0.04		0.48	-0.11	-0.59	0.57	0.29	0.9	-0.09	0.02	0.38	0.18	0.82	0.31	0.94	0.81	0.75	0.68	0.63	0.85	0.88	0.82	0.79	0.61	0.86
Total Stockholder Equity	0.82	0.13	0.48		-0.09	0.37	-0.3	0.28	0.28	-0.21	0.38	0.75	0.26	0.72	0.18	0.65	0.21	0.21	0.83	0.68	0.67	0.5	0.68	0.7	0.62	0.56
Other Liab	-0.07	0.83	-0.11	-0.09		0.04	-0.12	0.29	-0.16	0.58	0.3	0.14	0.89	-0.06	0.86	-0.09	-0.14	0.15	-0.27	-0.18	-0.26	-0.19	-0.22	-0.22	-0.21	-0.16
Retained Earnings	-0.11	0.2	-0.59	0.37	0.04		-0.87	-0.21	-0.77	-0.17	0.48	0.31	-0.01	-0.23	-0.2	-0.38	-0.76	-0.69	0.06	-0.17	-0.26	-0.49	-0.33	-0.22	-0.02	-0.47
Accounts Payable	0.08	-0.3	0.57	-0.3	-0.12	-0.87		0.0	0.65	0.12	-0.24	-0.05	-0.1	0.18	0.1	0.4	0.59	0.55	-0.04	0.11	0.25	0.38	0.21	0.2	0.15	0.38
Cash	0.42	0.48	0.29	0.28	0.29	-0.21	0.0		0.39	0.61	-0.23	0.26	0.46	0.43	0.52	0.24	0.47	0.55	0.02	0.4	0.03	0.32	0.45	0.14	-0.22	0.32
Other Assets	0.62	-0.21	0.9	0.28	-0.16	-0.77	0.65	0.39		-0.01	-0.32	0.13	0.12	0.67	0.25	0.81	0.95	0.86	0.53	0.66	0.7	0.81	0.81	0.67	0.37	0.84
Long Term Debt	-0.04	0.62	-0.09	-0.21	0.58	-0.17	0.12	0.61	-0.01		0.19	0.21	0.51	0.0	0.58	-0.1	-0.01	0.29	-0.54	-0.2	-0.45	-0.23	-0.27	-0.35	-0.47	-0.17
Net Receivables	0.2	0.45	0.02	0.38	0.3	0.48	-0.24	-0.23	-0.32	0.19		0.66	0.3	0.15	0.24	0.18	-0.49	-0.21	0.13	-0.16	0.06	-0.18	-0.24	0.02	0.31	-0.15
Inventory	0.64	0.31	0.38	0.75	0.14	0.31	-0.05	0.26	0.13	0.21	0.66		0.31	0.58	0.33	0.56	0.0	0.25	0.45	0.38	0.34	0.16	0.29	0.33	0.32	0.3
Other Current Assets	0.3	0.79	0.18	0.26	0.89	-0.01	-0.1	0.46	0.12	0.51	0.3	0.31		0.3	0.95	0.21	0.11	0.36	0.05	0.14	0.08	0.16	0.15	0.14	0.06	0.17
Total Liab	0.99	0.15	0.82	0.72	-0.06	-0.23	0.18	0.43	0.67	0.0	0.15	0.58	0.3		0.42	0.85	0.59	0.61	0.69	0.63	0.83	0.81	0.81	0.83	0.57	0.8
Common Stock	0.39	0.76	0.31	0.18	0.86	-0.2	0.1	0.52	0.25	0.58	0.24	0.33	0.95	0.42		0.3	0.24	0.49	0.01	0.14	0.14	0.25	0.21	0.19	0.03	0.24
Property Plant Equipment	0.85	-0.03	0.94	0.65	-0.09	-0.38	0.4	0.24	0.81	-0.1	0.18	0.56	0.21	0.85	0.3		0.71	0.71	0.8	0.73	0.88	0.78	0.81	0.83	0.69	0.88
Short Term Investments	0.54	-0.23	0.81	0.21	-0.14	-0.76	0.59	0.47	0.95	-0.01	-0.49	0.0	0.11	0.59	0.24	0.71		0.81	0.48	0.72	0.64	0.77	0.83	0.64	0.32	0.8
Intangible Assets	0.55	0.07	0.75	0.21	0.15	-0.69	0.55	0.55	0.86	0.29	-0.21	0.25	0.36	0.61	0.49	0.71	0.81		0.31	0.59	0.46	0.57	0.63	0.41	0.1	0.79
Net Tangible Assets	0.75	-0.22	0.68	0.83	-0.27	0.06	-0.04	0.02	0.53	-0.54	0.13	0.45	0.05	0.69	0.01	0.8	0.48	0.31		0.8	0.9	0.66	0.83	0.85	0.79	0.72
Deferred Long Term Liab	0.67	-0.22	0.63	0.68	-0.18	-0.17	0.11	0.4	0.66	-0.2	-0.16	0.38	0.14	0.63	0.14	0.73	0.72	0.59	0.8		0.72	0.56	0.87	0.69	0.52	0.77
Long Term Investments	0.84	-0.2	0.85	0.67	-0.26	-0.26	0.25	0.03	0.7	-0.45	0.06	0.34	0.08	0.83	0.14	0.88	0.64	0.46	0.9	0.72		0.85	0.86	0.95	0.84	0.83
Short Long Term Debt	0.79	-0.03	0.88	0.5	-0.19	-0.49	0.38	0.32	0.81	-0.23	-0.18	0.16	0.16	0.81	0.25	0.78	0.77	0.57	0.66	0.56	0.85		0.86	0.88	0.64	0.83
Total Current Assets	0.82	-0.14	0.82	0.68	-0.22	-0.33	0.21	0.45	0.81	-0.27	-0.24	0.29	0.15	0.81	0.21	0.81	0.83	0.63	0.83	0.87	0.86	0.86		0.85	0.57	0.85
Short Term Debt	0.85	-0.14	0.79	0.7	-0.22	-0.22	0.2	0.14	0.67	-0.35	0.02	0.33	0.14	0.83	0.19	0.83	0.64	0.41	0.85	0.69	0.95	0.88	0.85		0.85	0.82
Other Stockholder Equity	0.6	-0.15	0.61	0.62	-0.21	-0.02	0.15	-0.22	0.37	-0.47	0.31	0.32	0.06	0.57	0.03	0.69	0.32	0.1	0.79	0.52	0.84	0.64	0.57	0.85		0.61
Non Current Assets Total	0.79	-0.13	0.86	0.56	-0.16	-0.47	0.38	0.32	0.84	-0.17	-0.15	0.3	0.17	0.8	0.24	0.88	0.8	0.79	0.72	0.77	0.83	0.83	0.85	0.82	0.61

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China Southern Account Relationship Matchups

China Southern fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	306.9B	326.4B	323.2B	312.2B	309.2B	173.1B
Other Current Liab	18.8B	17.3B	15.5B	27.7B	7.2B	6.8B
Total Current Liabilities	95.5B	95.7B	111.0B	141.5B	129.4B	135.9B
Total Stockholder Equity	64.1B	69.6B	67.9B	41.3B	36.8B	33.9B
Other Liab	6.4B	6.9B	7.2B	8.0B	9.2B	7.4B
Retained Earnings	25.6B	14.7B	2.6B	(30.1B)	(36.9B)	(35.0B)
Accounts Payable	1.7B	1.7B	1.4B	14.4B	20.0B	21.0B
Cash	1.8B	25.4B	21.5B	19.9B	9.9B	8.9B
Other Assets	4.9B	10.7B	16.5B	15.1B	17.4B	18.3B
Long Term Debt	13.6B	38.1B	38.4B	34.4B	50.5B	32.4B
Net Receivables	5.6B	2.5B	2.9B	2.7B	3.3B	3.3B
Inventory	2.0B	2.0B	1.7B	1.4B	1.6B	1.5B
Other Current Assets	5.9B	6.4B	9.6B	6.5B	7.4B	4.1B
Total Liab	229.6B	241.3B	238.7B	256.9B	257.2B	131.2B
Property Plant Equipment	273.7B	263.7B	255.4B	250.6B	288.2B	302.6B
Short Term Investments	313M	704M	0.0	3.2B	3.6B	3.8B
Intangible Assets	3.7B	5.5B	6.6B	5.5B	6.6B	7.0B
Net Tangible Assets	60.2B	63.2B	61.1B	34.5B	39.7B	50.0B
Deferred Long Term Liab	652M	887M	768M	624M	717.6M	738.5M
Long Term Investments	7.6B	6.6B	6.6B	7.3B	8.4B	6.0B
Short Long Term Debt	37.5B	40.1B	57.9B	85.3B	51.4B	40.9B
Total Current Assets	16.7B	39.0B	37.9B	32.8B	27.7B	25.2B
Other Stockholder Equity	406M	242M	159M	261M	300.2M	290.1M
Non Current Assets Total	290.2B	287.4B	285.3B	278.8B	281.5B	279.6B
Non Currrent Assets Other	1.2B	2.9B	2.2B	2.3B	1.2B	1.6B
Non Current Liabilities Total	134.1B	145.6B	127.7B	115.4B	127.8B	123.7B
Capital Lease Obligations	134.1B	121.2B	102.7B	94.8B	69.2B	99.6B
Net Debt	49.3B	52.8B	74.8B	99.9B	92.0B	71.9B
Net Invested Capital	115.3B	147.8B	164.1B	161.1B	138.7B	148.5B
Net Working Capital	(78.8B)	(56.7B)	(73.1B)	(108.0B)	(101.7B)	(106.8B)

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

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China Long Term Debt vs Cash Analysis

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash

China Southern fundamental ratios Correlations

China Southern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Southern fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Liab	+ 0.99	Total Assets
Short Term Investments	+ 0.95	Other Assets
Common Stock	+ 0.95	Other Current Assets
Short Term Debt	+ 0.95	Long Term Investments
Property Plant Equipment	+ 0.94	Total Current Liabilities
Other Assets	+ 0.9	Total Current Liabilities

Accounts Payable	- 0.87	Retained Earnings
Other Assets	- 0.77	Retained Earnings
Short Term Investments	- 0.76	Retained Earnings
Intangible Assets	- 0.69	Retained Earnings
Retained Earnings	- 0.59	Total Current Liabilities
Net Tangible Assets	- 0.54	Long Term Debt