China Total Assets vs Long Term Debt 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 Total Assets and its Long Term Debt 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.

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

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

The correlation between China Eastern's Total Assets and Long Term Debt is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt 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 Total Assets and Long Term Debt 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 Assets of China Eastern Airlines are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., China Eastern's Total Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of China Eastern assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Eastern Airlines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that China Eastern Airlines has held for over one year. Long-term debt appears on China Eastern 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 Eastern 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.

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 Recurring	86.3M	90.6M
Cost Of Revenue	112.5B	89.6B

Non Recurring Cost Of Revenue

China Eastern fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Good Will	Non Current Assets Total
Total Assets		0.49	0.98	0.91	0.99	0.97	0.53	0.69	0.62	0.84	0.42	0.92	0.56	-0.97	0.99	0.99	0.96	0.89	0.96	0.87	0.46	0.98	1.0	-0.36	0.44	0.82
Other Current Liab	0.49		0.39	0.75	0.43	0.6	-0.2	-0.14	-0.35	0.02	0.9	0.73	-0.13	-0.53	0.4	0.49	0.65	0.24	0.35	0.55	0.08	0.42	0.49	0.59	0.84	0.09
Total Current Liabilities	0.98	0.39		0.83	0.98	0.92	0.59	0.77	0.66	0.88	0.33	0.88	0.59	-0.96	0.99	0.98	0.93	0.9	0.97	0.85	0.43	0.98	0.98	-0.46	0.32	0.78
Total Stockholder Equity	0.91	0.75	0.83		0.86	0.95	0.38	0.34	0.33	0.55	0.66	0.96	0.35	-0.89	0.85	0.89	0.96	0.73	0.78	0.88	0.4	0.85	0.9	-0.01	0.68	0.66
Other Liab	0.99	0.43	0.98	0.86		0.95	0.58	0.71	0.67	0.87	0.36	0.87	0.61	-0.95	0.99	0.99	0.94	0.86	0.96	0.81	0.45	0.99	0.99	-0.42	0.36	0.84
Net Tangible Assets	0.97	0.6	0.92	0.95	0.95		0.5	0.51	0.49	0.73	0.56	0.93	0.41	-0.93	0.94	0.94	0.98	0.82	0.87	0.91	0.33	0.94	0.98	-0.24	0.53	0.78
Accounts Payable	0.53	-0.2	0.59	0.38	0.58	0.5		0.49	0.78	0.64	-0.06	0.41	0.42	-0.54	0.56	0.55	0.49	0.47	0.56	0.49	0.13	0.59	0.55	-0.81	-0.34	0.58
Cash	0.69	-0.14	0.77	0.34	0.71	0.51	0.49		0.8	0.92	-0.19	0.44	0.7	-0.67	0.76	0.7	0.5	0.74	0.84	0.44	0.46	0.74	0.67	-0.7	-0.11	0.65
Other Assets	0.62	-0.35	0.66	0.33	0.67	0.49	0.78	0.8		0.84	-0.37	0.32	0.77	-0.54	0.68	0.62	0.44	0.69	0.7	0.38	0.52	0.65	0.61	-0.88	-0.25	0.83
Long Term Debt	0.84	0.02	0.88	0.55	0.87	0.73	0.64	0.92	0.84		0.0	0.6	0.7	-0.81	0.89	0.84	0.69	0.81	0.91	0.64	0.41	0.9	0.84	-0.71	0.03	0.77
Net Receivables	0.42	0.9	0.33	0.66	0.36	0.56	-0.06	-0.19	-0.37	0.0		0.67	-0.41	-0.48	0.34	0.4	0.61	0.06	0.28	0.53	-0.3	0.37	0.43	0.45	0.58	0.02
Inventory	0.92	0.73	0.88	0.96	0.87	0.93	0.41	0.44	0.32	0.6	0.67		0.31	-0.95	0.87	0.91	0.96	0.72	0.84	0.87	0.3	0.88	0.9	-0.09	0.58	0.58
Other Current Assets	0.56	-0.13	0.59	0.35	0.61	0.41	0.42	0.7	0.77	0.7	-0.41	0.31		-0.48	0.6	0.61	0.38	0.74	0.63	0.31	0.88	0.59	0.56	-0.48	0.12	0.67
Other Stockholder Equity	-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	-0.96	0.33	-0.43	-0.68
Total Liab	0.99	0.4	0.99	0.85	0.99	0.94	0.56	0.76	0.68	0.89	0.34	0.87	0.6	-0.96		0.98	0.93	0.9	0.97	0.84	0.46	0.99	0.99	-0.44	0.36	0.83
Deferred Long Term Liab	0.99	0.49	0.98	0.89	0.99	0.94	0.55	0.7	0.62	0.84	0.4	0.91	0.61	-0.97	0.98		0.95	0.86	0.97	0.82	0.49	0.98	0.98	-0.36	0.41	0.78
Long Term Investments	0.96	0.65	0.93	0.96	0.94	0.98	0.49	0.5	0.44	0.69	0.61	0.96	0.38	-0.95	0.93	0.95		0.79	0.87	0.89	0.33	0.93	0.97	-0.19	0.53	0.72
Short Long Term Debt	0.89	0.24	0.9	0.73	0.86	0.82	0.47	0.74	0.69	0.81	0.06	0.72	0.74	-0.83	0.9	0.86	0.79		0.85	0.8	0.65	0.87	0.87	-0.42	0.41	0.8
Total Current Assets	0.96	0.35	0.97	0.78	0.96	0.87	0.56	0.84	0.7	0.91	0.28	0.84	0.63	-0.95	0.97	0.97	0.87	0.85		0.76	0.49	0.97	0.95	-0.47	0.28	0.78
Short Term Debt	0.87	0.55	0.85	0.88	0.81	0.91	0.49	0.44	0.38	0.64	0.53	0.87	0.31	-0.88	0.84	0.82	0.89	0.8	0.76		0.25	0.86	0.87	-0.21	0.55	0.57
Intangible Assets	0.46	0.08	0.43	0.4	0.45	0.33	0.13	0.46	0.52	0.41	-0.3	0.3	0.88	-0.38	0.46	0.49	0.33	0.65	0.49	0.25		0.42	0.42	-0.1	0.39	0.56
Common Stock	0.98	0.42	0.98	0.85	0.99	0.94	0.59	0.74	0.65	0.9	0.37	0.88	0.59	-0.96	0.99	0.98	0.93	0.87	0.97	0.86	0.42		0.99	-0.44	0.36	0.78
Property Plant Equipment	1.0	0.49	0.98	0.9	0.99	0.98	0.55	0.67	0.61	0.84	0.43	0.9	0.56	-0.96	0.99	0.98	0.97	0.87	0.95	0.87	0.42	0.99		-0.36	0.43	0.81
Retained Earnings	-0.36	0.59	-0.46	-0.01	-0.42	-0.24	-0.81	-0.7	-0.88	-0.71	0.45	-0.09	-0.48	0.33	-0.44	-0.36	-0.19	-0.42	-0.47	-0.21	-0.1	-0.44	-0.36		0.6	-0.54
Good Will	0.44	0.84	0.32	0.68	0.36	0.53	-0.34	-0.11	-0.25	0.03	0.58	0.58	0.12	-0.43	0.36	0.41	0.53	0.41	0.28	0.55	0.39	0.36	0.43	0.6		0.18
Non Current Assets Total	0.82	0.09	0.78	0.66	0.84	0.78	0.58	0.65	0.83	0.77	0.02	0.58	0.67	-0.68	0.83	0.78	0.72	0.8	0.78	0.57	0.56	0.78	0.81	-0.54	0.18

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China Eastern Account Relationship Matchups

China Eastern fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	285.2B	284.7B	288.8B	285.7B	282.5B	256.3B
Other Current Liab	18.4B	10.3B	7.6B	229M	347M	329.7M
Total Current Liabilities	78.4B	99.8B	85.9B	106.4B	106.3B	86.1B
Total Stockholder Equity	69.0B	56.2B	53.6B	29.1B	40.6B	49.6B
Other Liab	12.9B	12.8B	12.8B	12.9B	14.8B	10.9B
Net Tangible Assets	45.0B	56.0B	43.2B	39.7B	45.6B	39.6B
Accounts Payable	2.2B	3.5B	3.4B	3.7B	16.1B	16.9B
Cash	1.4B	7.7B	13.0B	17.6B	12.1B	7.5B
Other Assets	4.1B	5.4B	10.5B	14.1B	16.3B	17.1B
Long Term Debt	26.6B	30.7B	50.8B	57.9B	58.0B	37.6B
Net Receivables	14.6B	1.1B	974M	817M	2.2B	2.1B
Inventory	2.4B	2.1B	1.8B	1.6B	1.6B	2.0B
Other Current Assets	1.3B	9.3B	9.8B	4.8B	7.1B	4.6B
Other Stockholder Equity	(2.2B)	(2.3B)	(2.4B)	(3.1B)	(2.8B)	(2.9B)
Total Liab	212.5B	225.5B	231.6B	255.6B	241.3B	204.0B
Deferred Long Term Liab	2.2B	2.4B	2.5B	2.2B	2.5B	2.0B
Long Term Investments	3.5B	3.9B	3.4B	2.7B	3.1B	3.0B
Short Long Term Debt	25.2B	57.2B	45.0B	49.2B	39.6B	37.1B
Total Current Assets	19.7B	22.5B	27.9B	27.4B	25.7B	21.9B
Intangible Assets	1.8B	11.7B	11.7B	2.5B	2.8B	4.5B
Property Plant Equipment	202.2B	243.1B	235.2B	230.1B	264.6B	199.5B
Retained Earnings	18.4B	5.7B	(6.4B)	(44.5B)	(52.5B)	(49.9B)
Non Current Assets Total	265.4B	262.2B	260.9B	258.3B	256.8B	266.0B
Non Currrent Assets Other	804M	5.3B	4.5B	2.1B	1.6B	2.3B
Short Term Investments	121M	95M	84M	72M	65M	83.8M
Non Current Liabilities Total	134.2B	125.7B	145.7B	149.2B	135.0B	134.3B
Capital Lease Obligations	110.8B	96.3B	98.5B	78.4B	64.7B	89.9B
Non Current Liabilities Other	2.3B	2.0B	2.2B	10.3B	9.7B	5.2B
Net Debt	50.5B	80.2B	82.8B	89.6B	85.6B	79.0B
Net Invested Capital	120.8B	144.1B	149.4B	136.2B	138.3B	144.8B
Net Working Capital	(58.6B)	(77.3B)	(58.0B)	(79.0B)	(80.6B)	(84.6B)

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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.

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China Total Assets vs Long Term Debt Analysis

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Total Assets

Long Term Debt

China Eastern fundamental ratios Correlations

China Eastern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Eastern fundamental ratios Accounts

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Other Information on Investing in China Stock

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Property Plant Equipment	+ 1.0	Total Assets
Other Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Deferred Long Term Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Other Liab

Deferred Long Term Liab	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Total Assets
Property Plant Equipment	- 0.96	Other Stockholder Equity
Common Stock	- 0.96	Other Stockholder Equity
Total Liab	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.96	Total Current Liabilities