Hubei Other Current Liab vs Long Term Debt Analysis

600141 Stock   22.87  1.85  7.48%   
Hubei Xingfa financial indicator trend analysis is much more than just examining Hubei Xingfa Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Xingfa Chemicals is a good investment. Please check the relationship between Hubei Xingfa Other Current Liab and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Xingfa Chemicals. 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.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Xingfa Chemicals Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hubei Xingfa's Other Current Liab and Long Term Debt is -0.16. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Hubei Xingfa Chemicals, assuming nothing else is changed. The correlation between historical values of Hubei Xingfa's Other Current Liab 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 Other Current Liab of Hubei Xingfa Chemicals 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 Other Current Liab i.e., Hubei Xingfa's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Long Term Debt

Long-term debt is a debt that Hubei Xingfa Chemicals has held for over one year. Long-term debt appears on Hubei Xingfa Chemicals 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 Hubei Xingfa Chemicals 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 Hubei Xingfa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Xingfa Chemicals 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 Hubei Xingfa Chemicals. 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 410.7 M. The current year's Tax Provision is expected to grow to about 367.3 M
 2021 2022 2023 2024 (projected)
Operating Income6.2B8.5B2.3B1.3B
Total Revenue23.6B30.3B28.1B29.5B

Hubei Xingfa fundamental ratios Correlations

0.160.630.960.960.90.960.670.910.320.940.260.960.750.950.980.960.480.410.91-0.090.820.770.290.810.76
0.160.73-0.010.25-0.160.030.44-0.160.410.310.720.320.370.160.270.24-0.08-0.1-0.020.450.360.430.640.220.43
0.630.730.430.730.270.490.580.350.70.720.80.780.720.610.740.690.280.040.40.280.730.760.660.50.77
0.96-0.010.430.870.980.970.670.910.10.880.020.840.610.910.890.90.490.490.97-0.190.770.730.130.860.7
0.960.250.730.870.780.870.610.830.490.90.390.980.820.910.980.920.440.230.82-0.010.780.750.350.710.73
0.9-0.160.270.980.780.930.630.89-0.010.8-0.170.740.520.840.790.810.470.520.95-0.270.670.62-0.040.820.59
0.960.030.490.970.870.930.610.870.110.90.160.870.570.960.910.910.50.550.97-0.20.840.790.260.850.76
0.670.440.580.670.610.630.610.510.150.760.170.60.540.660.630.620.570.30.64-0.20.660.680.150.860.64
0.91-0.160.350.910.830.890.870.510.260.77-0.020.830.610.820.850.810.510.440.81-0.220.60.530.00.640.52
0.320.410.70.10.49-0.010.110.150.260.340.580.530.580.190.430.380.02-0.09-0.020.370.190.250.27-0.020.24
0.940.310.720.880.90.80.90.760.770.340.410.920.70.920.930.940.490.430.87-0.060.870.840.420.870.84
0.260.720.80.020.39-0.170.160.17-0.020.580.410.480.390.330.420.370.02-0.10.040.370.50.510.870.130.54
0.960.320.780.840.980.740.870.60.830.530.920.480.820.90.990.940.420.290.780.040.80.760.430.690.76
0.750.370.720.610.820.520.570.540.610.580.70.390.820.650.780.70.340.060.510.00.510.490.240.480.48
0.950.160.610.910.910.840.960.660.820.190.920.330.90.650.940.910.610.450.92-0.240.880.840.380.870.8
0.980.270.740.890.980.790.910.630.850.430.930.420.990.780.940.960.470.290.85-0.010.820.780.40.740.78
0.960.240.690.90.920.810.910.620.810.380.940.370.940.70.910.960.450.40.870.070.840.810.420.760.81
0.48-0.080.280.490.440.470.50.570.510.020.490.020.420.340.610.470.450.340.5-0.650.460.44-0.060.610.37
0.41-0.10.040.490.230.520.550.30.44-0.090.43-0.10.290.060.450.290.40.340.48-0.340.380.41-0.050.530.32
0.91-0.020.40.970.820.950.970.640.81-0.020.870.040.780.510.920.850.870.50.48-0.210.820.770.190.890.75
-0.090.450.28-0.19-0.01-0.27-0.2-0.2-0.220.37-0.060.370.040.0-0.24-0.010.07-0.65-0.34-0.210.060.10.5-0.320.19
0.820.360.730.770.780.670.840.660.60.190.870.50.80.510.880.820.840.460.380.820.060.980.640.830.98
0.770.430.760.730.750.620.790.680.530.250.840.510.760.490.840.780.810.440.410.770.10.980.620.820.98
0.290.640.660.130.35-0.040.260.150.00.270.420.870.430.240.380.40.42-0.06-0.050.190.50.640.620.230.69
0.810.220.50.860.710.820.850.860.64-0.020.870.130.690.480.870.740.760.610.530.89-0.320.830.820.230.77
0.760.430.770.70.730.590.760.640.520.240.840.540.760.480.80.780.810.370.320.750.190.980.980.690.77
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Hubei Xingfa Account Relationship Matchups

Hubei Xingfa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.3B29.5B33.5B41.6B44.6B46.8B
Other Current Liab1.6B2.5B1.9B2.0B257.0M244.2M
Total Current Liabilities13.0B13.1B12.9B10.7B11.8B6.2B
Total Stockholder Equity8.1B9.5B13.8B20.3B20.7B21.7B
Other Liab901.3M1.1B1.2B1.3B1.5B1.6B
Retained Earnings2.1B2.6B6.5B11.0B11.3B11.8B
Accounts Payable2.9B3.3B3.8B4.6B5.9B6.2B
Cash1.6B2.2B3.2B4.7B2.2B1.1B
Long Term Debt5.0B4.5B3.8B7.9B9.1B9.5B
Net Receivables1.5B868.2M933.7M928.0M1.2B761.6M
Inventory2.1B1.5B2.4B2.5B2.2B2.3B
Other Current Assets1.1B970.3M739.8M212.9M347.0M378.3M
Total Liab18.7B18.7B18.1B20.3B22.6B23.7B
Intangible Assets2.0B2.0B2.0B2.5B2.1B2.2B
Common Stock727.2M1.0B1.1B1.1B1.3B1.3B
Property Plant Equipment15.3B16.6B18.0B19.4B22.3B23.4B
Other Assets627.9M594.5M546.9M730.5M840.1M882.1M
Good Will951.1M806.7M831.2M948.4M999.5M955.0M
Net Tangible Assets5.2B5.2B6.7B11.0B12.6B13.3B
Other Stockholder Equity1.0B18.5M4.7M(7.4M)(6.7M)(6.4M)
Deferred Long Term Liab243.9M279.3M285.5M272.9M313.8M231.7M
Short Long Term Debt6.5B6.6B4.0B1.9B1.7B3.4B
Total Current Assets6.5B6.5B8.4B9.3B7.6B7.0B
Non Current Assets Total21.7B22.9B25.1B32.3B36.9B26.6B
Non Currrent Assets Other190.7M142.1M275.8M432.9M99.1M94.2M
Non Current Liabilities Total5.7B5.7B5.2B9.6B10.8B6.8B
Non Current Liabilities Other2.6B4.6B525.7M587.1M528.4M502.0M
Net Debt9.4B8.9B4.6B5.2B8.5B6.0B
Common Stock Shares Outstanding1.0B1.1B1.1B1.1B1.1B1.1B
Net Invested Capital19.2B20.6B21.6B30.2B31.5B24.4B
Net Working Capital(6.5B)(6.4B)(4.6B)(1.4B)(4.2B)(4.4B)
Capital Stock1.0B1.1B1.1B1.1B1.1B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Hubei Stock

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