China Long Term Debt vs Retained Earnings Analysis

600158 Stock

8.14 0.09 1.12%

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

Long Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Sports Industry Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.

The correlation between China Sports' Long Term Debt and Retained Earnings is 0.3. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of China Sports Industry, assuming nothing else is changed. The correlation between historical values of China Sports' Long Term Debt and Retained Earnings 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 Sports Industry are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt i.e., China Sports' Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Long Term Debt

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

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from China Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Sports Industry 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 Sports Industry. 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 Tax Provision is expected to grow to about 256.3 M, whereas Selling General Administrative is forecasted to decline to about 92.9 M.

	2021	2022	2023	2024 (projected)
Income Tax Expense	37.3M	20.6M	23.7M	22.5M
Net Income	54.9M	11.6M	71.9M	75.1M

Income Tax Expense Net Income

China Sports fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.94	-0.3	0.8	0.4	0.82	0.68	0.29	0.91	-0.25	0.82	0.48	0.21	0.06	-0.4	0.34	0.61	0.77	-0.58	0.77	-0.19	0.68	0.76	-0.63	0.79	-0.63
Total Stockholder Equity	0.94		-0.45	0.86	0.39	0.79	0.67	0.16	0.72	-0.36	0.75	0.58	0.31	-0.01	-0.38	0.23	0.4	0.85	-0.66	0.79	-0.16	0.67	0.84	-0.72	0.73	-0.72
Other Liab	-0.3	-0.45		-0.55	-0.38	-0.38	-0.29	0.09	-0.13	0.76	0.0	-0.45	0.17	0.21	0.14	-0.11	-0.22	-0.5	0.27	-0.52	0.24	-0.51	-0.63	0.72	-0.37	0.72
Retained Earnings	0.8	0.86	-0.55		0.36	0.85	0.85	0.11	0.62	-0.43	0.61	0.58	0.3	-0.06	-0.17	0.13	0.41	0.91	-0.58	0.85	-0.47	0.76	0.85	-0.83	0.78	-0.83
Accounts Payable	0.4	0.39	-0.38	0.36		0.1	0.24	0.64	0.43	-0.3	0.6	-0.27	-0.02	0.38	-0.13	-0.04	0.08	0.19	0.13	0.08	-0.05	0.31	0.45	-0.42	0.04	-0.41
Cash	0.82	0.79	-0.38	0.85	0.1		0.83	-0.1	0.67	-0.3	0.49	0.67	0.15	-0.21	-0.41	0.13	0.63	0.85	-0.75	0.83	-0.6	0.68	0.72	-0.65	0.89	-0.68
Other Assets	0.68	0.67	-0.29	0.85	0.24	0.83		-0.09	0.55	-0.17	0.49	0.52	0.18	-0.12	-0.16	0.03	0.5	0.83	-0.41	0.69	-0.58	0.76	0.78	-0.68	0.76	-0.69
Inventory	0.29	0.16	0.09	0.11	0.64	-0.1	-0.09		0.5	0.05	0.67	-0.61	0.21	0.68	-0.18	0.12	-0.01	-0.19	0.18	-0.08	0.15	-0.04	-0.05	-0.06	-0.16	-0.05
Total Liab	0.91	0.72	-0.13	0.62	0.43	0.67	0.55	0.5		-0.15	0.8	0.23	0.03	0.17	-0.31	0.46	0.75	0.54	-0.31	0.62	-0.16	0.62	0.56	-0.48	0.71	-0.47
Intangible Assets	-0.25	-0.36	0.76	-0.43	-0.3	-0.3	-0.17	0.05	-0.15		-0.06	-0.32	0.24	0.57	-0.08	-0.09	-0.13	-0.41	0.18	-0.42	0.14	-0.44	-0.56	0.65	-0.25	0.64
Common Stock	0.82	0.75	0.0	0.61	0.6	0.49	0.49	0.67	0.8	-0.06		-0.01	0.37	0.4	-0.31	0.08	0.24	0.49	-0.3	0.39	-0.07	0.42	0.51	-0.44	0.4	-0.43
Property Plant Equipment	0.48	0.58	-0.45	0.58	-0.27	0.67	0.52	-0.61	0.23	-0.32	-0.01		0.06	-0.52	0.01	0.21	0.46	0.8	-0.53	0.71	-0.25	0.62	0.61	-0.44	0.79	-0.44
Long Term Debt	0.21	0.31	0.17	0.3	-0.02	0.15	0.18	0.21	0.03	0.24	0.37	0.06		0.33	-0.2	-0.13	-0.42	0.17	-0.34	0.19	0.07	-0.1	-0.02	0.08	-0.02	0.07
Good Will	0.06	-0.01	0.21	-0.06	0.38	-0.21	-0.12	0.68	0.17	0.57	0.4	-0.52	0.33		-0.28	-0.1	-0.15	-0.27	0.14	-0.26	0.08	-0.23	-0.27	0.19	-0.24	0.19
Short Term Investments	-0.4	-0.38	0.14	-0.17	-0.13	-0.41	-0.16	-0.18	-0.31	-0.08	-0.31	0.01	-0.2	-0.28		0.08	-0.14	-0.07	0.59	-0.2	0.23	0.05	-0.1	0.09	-0.12	0.14
Other Current Liab	0.34	0.23	-0.11	0.13	-0.04	0.13	0.03	0.12	0.46	-0.09	0.08	0.21	-0.13	-0.1	0.08		0.51	0.07	-0.09	0.54	0.51	0.19	0.22	-0.19	0.32	-0.16
Total Current Liabilities	0.61	0.4	-0.22	0.41	0.08	0.63	0.5	-0.01	0.75	-0.13	0.24	0.46	-0.42	-0.15	-0.14	0.51		0.47	-0.18	0.57	-0.33	0.65	0.45	-0.37	0.81	-0.37
Net Tangible Assets	0.77	0.85	-0.5	0.91	0.19	0.85	0.83	-0.19	0.54	-0.41	0.49	0.8	0.17	-0.27	-0.07	0.07	0.47		-0.56	0.8	-0.44	0.82	0.88	-0.75	0.87	-0.75
Net Receivables	-0.58	-0.66	0.27	-0.58	0.13	-0.75	-0.41	0.18	-0.31	0.18	-0.3	-0.53	-0.34	0.14	0.59	-0.09	-0.18	-0.56		-0.67	0.28	-0.15	-0.4	0.38	-0.51	0.42
Other Current Assets	0.77	0.79	-0.52	0.85	0.08	0.83	0.69	-0.08	0.62	-0.42	0.39	0.71	0.19	-0.26	-0.2	0.54	0.57	0.8	-0.67		-0.21	0.67	0.78	-0.74	0.81	-0.75
Other Stockholder Equity	-0.19	-0.16	0.24	-0.47	-0.05	-0.6	-0.58	0.15	-0.16	0.14	-0.07	-0.25	0.07	0.08	0.23	0.51	-0.33	-0.44	0.28	-0.21		-0.41	-0.26	0.32	-0.46	0.38
Deferred Long Term Liab	0.68	0.67	-0.51	0.76	0.31	0.68	0.76	-0.04	0.62	-0.44	0.42	0.62	-0.1	-0.23	0.05	0.19	0.65	0.82	-0.15	0.67	-0.41		0.85	-0.79	0.8	-0.77
Long Term Investments	0.76	0.84	-0.63	0.85	0.45	0.72	0.78	-0.05	0.56	-0.56	0.51	0.61	-0.02	-0.27	-0.1	0.22	0.45	0.88	-0.4	0.78	-0.26	0.85		-0.91	0.71	-0.9
Short Long Term Debt	-0.63	-0.72	0.72	-0.83	-0.42	-0.65	-0.68	-0.06	-0.48	0.65	-0.44	-0.44	0.08	0.19	0.09	-0.19	-0.37	-0.75	0.38	-0.74	0.32	-0.79	-0.91		-0.58	1.0
Total Current Assets	0.79	0.73	-0.37	0.78	0.04	0.89	0.76	-0.16	0.71	-0.25	0.4	0.79	-0.02	-0.24	-0.12	0.32	0.81	0.87	-0.51	0.81	-0.46	0.8	0.71	-0.58		-0.58
Short Term Debt	-0.63	-0.72	0.72	-0.83	-0.41	-0.68	-0.69	-0.05	-0.47	0.64	-0.43	-0.44	0.07	0.19	0.14	-0.16	-0.37	-0.75	0.42	-0.75	0.38	-0.77	-0.9	1.0	-0.58

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China Sports Account Relationship Matchups

China Sports fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	5.3B	5.6B	7.2B	6.6B	3.9B
Total Stockholder Equity	1.8B	2.5B	2.5B	2.5B	2.6B	1.6B
Other Liab	7.3M	25.3M	38.8M	34.7M	31.3M	29.7M
Retained Earnings	1.4B	1.4B	1.5B	1.5B	1.4B	1.5B
Accounts Payable	483.2M	457.1M	376.9M	325.6M	554.6M	365.5M
Cash	822.6M	2.0B	1.9B	2.8B	2.4B	2.5B
Other Assets	543.3M	494.4M	509.0M	542.8M	624.2M	655.5M
Inventory	1.8B	1.5B	1.6B	1.9B	1.6B	1.6B
Total Liab	2.0B	1.9B	2.0B	3.8B	3.0B	1.9B
Intangible Assets	13.3M	19.8M	19.9M	29.3M	22.8M	29.5M
Property Plant Equipment	307.2M	303.7M	415.3M	454.9M	409.4M	245.2M
Long Term Debt	222M	284.0M	507.1M	161.3M	120M	227.8M
Short Term Investments	75M	45M	300M	30.4M	34.9M	33.2M
Other Current Liab	1.3B	912.7M	893.4M	3.0B	51.0M	48.5M
Total Current Liabilities	2.0B	1.6B	1.4B	3.6B	2.7B	2.3B
Net Tangible Assets	2.4B	2.4B	2.5B	2.5B	2.8B	2.2B
Net Receivables	487.6M	129.9M	223.5M	213.7M	318.8M	260.1M
Other Current Assets	154.8M	196.0M	227.1M	331.6M	121.6M	162.9M
Deferred Long Term Liab	35.4M	17.4M	32.0M	35.2M	40.5M	28.3M
Short Long Term Debt	22.3M	30M	15.0M	36.6M	27M	46.3M
Total Current Assets	4.4B	4.2B	4.3B	5.8B	5.3B	4.6B
Non Current Assets Total	806.3M	1.2B	1.3B	1.4B	1.4B	1.0B
Non Currrent Assets Other	430.5M	736.8M	20.2M	(11.0K)	(9.9K)	(9.4K)
Non Current Liabilities Total	226.7M	309.3M	591.8M	270.3M	259.6M	284.2M
Non Current Liabilities Other	222M	18.1M	24.2M	23.0M	51.6M	73.2M
Net Invested Capital	2.0B	2.8B	3.0B	2.7B	2.7B	2.7B
Net Working Capital	1.5B	2.6B	2.8B	2.3B	2.6B	2.3B

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

Long Term Debt vs Retained Earnings

Long Term Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Long Term Debt

Retained Earnings

China Sports fundamental ratios Correlations

China Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Sports fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Total Stockholder Equity	+ 0.94	Total Assets
Total Liab	+ 0.91	Total Assets
Net Tangible Assets	+ 0.91	Retained Earnings
Total Current Assets	+ 0.89	Cash
Long Term Investments	+ 0.88	Net Tangible Assets

Short Long Term Debt	- 0.91	Long Term Investments
Short Term Debt	- 0.9	Long Term Investments
Short Term Debt	- 0.83	Retained Earnings
Short Long Term Debt	- 0.83	Retained Earnings
Short Long Term Debt	- 0.79	Deferred Long Term Liab
Short Term Debt	- 0.77	Deferred Long Term Liab