China Deferred Long Term Liab vs Other Assets Analysis

600115 Stock   4.08  0.04  0.97%   
China Eastern financial indicator trend analysis is way more than just evaluating China Eastern Airlines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Eastern Airlines is a good investment. Please check the relationship between China Eastern Deferred Long Term Liab and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Eastern 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 board of governors.

Deferred Long Term Liab vs Other Assets

Deferred Long Term Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Eastern Airlines Deferred Long Term Liab account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Eastern's Deferred Long Term Liab and Other Assets is 0.62. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of China Eastern Airlines, assuming nothing else is changed. The correlation between historical values of China Eastern's Deferred Long Term Liab and Other 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 Deferred Long Term Liab of China Eastern Airlines are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Deferred Long Term Liab i.e., China Eastern's Deferred Long Term Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Other Assets

Most indicators from China Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Eastern 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 Eastern 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 board of governors.
At present, China Eastern's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 13.1 B, whereas Selling General Administrative is forecasted to decline to about 2.9 B.
 2023 2024 (projected)
Non Recurring86.3M90.6M
Cost Of Revenue112.5B89.6B

China Eastern fundamental ratios Correlations

0.490.980.910.990.970.530.690.620.840.420.920.56-0.970.990.990.960.890.960.870.460.981.0-0.360.440.82
0.490.390.750.430.6-0.2-0.14-0.350.020.90.73-0.13-0.530.40.490.650.240.350.550.080.420.490.590.840.09
0.980.390.830.980.920.590.770.660.880.330.880.59-0.960.990.980.930.90.970.850.430.980.98-0.460.320.78
0.910.750.830.860.950.380.340.330.550.660.960.35-0.890.850.890.960.730.780.880.40.850.9-0.010.680.66
0.990.430.980.860.950.580.710.670.870.360.870.61-0.950.990.990.940.860.960.810.450.990.99-0.420.360.84
0.970.60.920.950.950.50.510.490.730.560.930.41-0.930.940.940.980.820.870.910.330.940.98-0.240.530.78
0.53-0.20.590.380.580.50.490.780.64-0.060.410.42-0.540.560.550.490.470.560.490.130.590.55-0.81-0.340.58
0.69-0.140.770.340.710.510.490.80.92-0.190.440.7-0.670.760.70.50.740.840.440.460.740.67-0.7-0.110.65
0.62-0.350.660.330.670.490.780.80.84-0.370.320.77-0.540.680.620.440.690.70.380.520.650.61-0.88-0.250.83
0.840.020.880.550.870.730.640.920.840.00.60.7-0.810.890.840.690.810.910.640.410.90.84-0.710.030.77
0.420.90.330.660.360.56-0.06-0.19-0.370.00.67-0.41-0.480.340.40.610.060.280.53-0.30.370.430.450.580.02
0.920.730.880.960.870.930.410.440.320.60.670.31-0.950.870.910.960.720.840.870.30.880.9-0.090.580.58
0.56-0.130.590.350.610.410.420.70.770.7-0.410.31-0.480.60.610.380.740.630.310.880.590.56-0.480.120.67
-0.97-0.53-0.96-0.89-0.95-0.93-0.54-0.67-0.54-0.81-0.48-0.95-0.48-0.96-0.97-0.95-0.83-0.95-0.88-0.38-0.96-0.960.33-0.43-0.68
0.990.40.990.850.990.940.560.760.680.890.340.870.6-0.960.980.930.90.970.840.460.990.99-0.440.360.83
0.990.490.980.890.990.940.550.70.620.840.40.910.61-0.970.980.950.860.970.820.490.980.98-0.360.410.78
0.960.650.930.960.940.980.490.50.440.690.610.960.38-0.950.930.950.790.870.890.330.930.97-0.190.530.72
0.890.240.90.730.860.820.470.740.690.810.060.720.74-0.830.90.860.790.850.80.650.870.87-0.420.410.8
0.960.350.970.780.960.870.560.840.70.910.280.840.63-0.950.970.970.870.850.760.490.970.95-0.470.280.78
0.870.550.850.880.810.910.490.440.380.640.530.870.31-0.880.840.820.890.80.760.250.860.87-0.210.550.57
0.460.080.430.40.450.330.130.460.520.41-0.30.30.88-0.380.460.490.330.650.490.250.420.42-0.10.390.56
0.980.420.980.850.990.940.590.740.650.90.370.880.59-0.960.990.980.930.870.970.860.420.99-0.440.360.78
1.00.490.980.90.990.980.550.670.610.840.430.90.56-0.960.990.980.970.870.950.870.420.99-0.360.430.81
-0.360.59-0.46-0.01-0.42-0.24-0.81-0.7-0.88-0.710.45-0.09-0.480.33-0.44-0.36-0.19-0.42-0.47-0.21-0.1-0.44-0.360.6-0.54
0.440.840.320.680.360.53-0.34-0.11-0.250.030.580.580.12-0.430.360.410.530.410.280.550.390.360.430.60.18
0.820.090.780.660.840.780.580.650.830.770.020.580.67-0.680.830.780.720.80.780.570.560.780.81-0.540.18
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China Eastern Account Relationship Matchups

China Eastern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets285.2B284.7B288.8B285.7B282.5B256.3B
Other Current Liab18.4B10.3B7.6B229M347M329.7M
Total Current Liabilities78.4B99.8B85.9B106.4B106.3B86.1B
Total Stockholder Equity69.0B56.2B53.6B29.1B40.6B49.6B
Other Liab12.9B12.8B12.8B12.9B14.8B10.9B
Net Tangible Assets45.0B56.0B43.2B39.7B45.6B39.6B
Accounts Payable2.2B3.5B3.4B3.7B16.1B16.9B
Cash1.4B7.7B13.0B17.6B12.1B7.5B
Other Assets4.1B5.4B10.5B14.1B16.3B17.1B
Long Term Debt26.6B30.7B50.8B57.9B58.0B37.6B
Net Receivables14.6B1.1B974M817M2.2B2.1B
Inventory2.4B2.1B1.8B1.6B1.6B2.0B
Other Current Assets1.3B9.3B9.8B4.8B7.1B4.6B
Other Stockholder Equity(2.2B)(2.3B)(2.4B)(3.1B)(2.8B)(2.9B)
Total Liab212.5B225.5B231.6B255.6B241.3B204.0B
Deferred Long Term Liab2.2B2.4B2.5B2.2B2.5B2.0B
Long Term Investments3.5B3.9B3.4B2.7B3.1B3.0B
Short Long Term Debt25.2B57.2B45.0B49.2B39.6B37.1B
Total Current Assets19.7B22.5B27.9B27.4B25.7B21.9B
Intangible Assets1.8B11.7B11.7B2.5B2.8B4.5B
Property Plant Equipment202.2B243.1B235.2B230.1B264.6B199.5B
Retained Earnings18.4B5.7B(6.4B)(44.5B)(52.5B)(49.9B)
Non Current Assets Total265.4B262.2B260.9B258.3B256.8B266.0B
Non Currrent Assets Other804M5.3B4.5B2.1B1.6B2.3B
Short Term Investments121M95M84M72M65M83.8M
Non Current Liabilities Total134.2B125.7B145.7B149.2B135.0B134.3B
Capital Lease Obligations110.8B96.3B98.5B78.4B64.7B89.9B
Non Current Liabilities Other2.3B2.0B2.2B10.3B9.7B5.2B
Net Debt50.5B80.2B82.8B89.6B85.6B79.0B
Net Invested Capital120.8B144.1B149.4B136.2B138.3B144.8B
Net Working Capital(58.6B)(77.3B)(58.0B)(79.0B)(80.6B)(84.6B)

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Eastern Airlines at a specified time, usually calculated after every quarter, six months, or one year. China Eastern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Eastern 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.