Lushang Total Current Liabilities vs Total Assets Analysis

600223 Stock   6.87  0.01  0.15%   
Lushang Property financial indicator trend analysis is infinitely more than just investigating Lushang Property recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lushang Property is a good investment. Please check the relationship between Lushang Property Total Current Liabilities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lushang Property Co. 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lushang Property Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Lushang Property's Total Current Liabilities and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lushang Property Co, assuming nothing else is changed. The correlation between historical values of Lushang Property's Total Current Liabilities and Total 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 Total Current Liabilities of Lushang Property Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Lushang Property's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Lushang Property balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lushang Property Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Lushang Property 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 Lushang Property 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.
Most indicators from Lushang Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lushang Property 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 Lushang Property Co. 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 1.5 B, whereas Tax Provision is forecasted to decline to about 44.5 M.
 2021 2022 2023 2024 (projected)
Operating Income863.9M881.6M308.5M448.5M
Total Revenue12.4B13.0B4.6B5.5B

Lushang Property fundamental ratios Correlations

0.760.990.560.420.970.860.590.080.990.781.00.510.370.10.46-0.32-0.180.210.49-0.44-0.210.420.70.78-0.35
0.760.740.270.150.650.650.640.130.770.860.770.170.29-0.160.28-0.160.05-0.160.07-0.180.10.210.50.66-0.02
0.990.740.540.380.980.840.530.071.00.760.990.490.350.110.42-0.26-0.180.190.49-0.43-0.190.410.70.81-0.33
0.560.270.540.850.60.620.06-0.070.50.240.50.840.40.610.61-0.45-0.60.890.87-0.73-0.720.670.740.18-0.85
0.420.150.380.850.420.520.05-0.010.340.220.360.950.380.550.83-0.57-0.60.810.86-0.88-0.920.830.64-0.12-0.95
0.970.650.980.60.420.840.480.050.970.650.970.530.330.170.4-0.3-0.210.280.57-0.41-0.210.380.70.8-0.38
0.860.650.840.620.520.840.520.030.830.570.840.550.450.160.49-0.19-0.180.330.59-0.44-0.310.40.660.55-0.45
0.590.640.530.060.050.480.520.250.590.740.620.010.28-0.320.34-0.420.3-0.26-0.15-0.010.210.060.050.380.17
0.080.130.07-0.07-0.010.050.030.250.090.130.1-0.20.46-0.330.36-0.210.57-0.11-0.290.050.080.0-0.29-0.150.16
0.990.771.00.50.340.970.830.590.090.771.00.440.340.050.39-0.28-0.120.140.43-0.36-0.130.340.670.83-0.27
0.780.860.760.240.220.650.570.740.130.770.80.250.26-0.080.46-0.28-0.02-0.140.08-0.38-0.050.440.430.6-0.11
1.00.770.990.50.360.970.840.620.11.00.80.450.360.050.43-0.29-0.130.140.43-0.39-0.150.380.660.8-0.28
0.510.170.490.840.950.530.550.01-0.20.440.250.450.270.610.73-0.55-0.750.770.92-0.87-0.880.810.720.05-0.93
0.370.290.350.40.380.330.450.280.460.340.260.360.27-0.360.54-0.040.280.370.24-0.31-0.310.320.17-0.08-0.3
0.1-0.160.110.610.550.170.16-0.32-0.330.05-0.080.050.61-0.360.22-0.3-0.840.630.64-0.58-0.60.540.460.02-0.65
0.460.280.420.610.830.40.490.340.360.390.460.430.730.540.22-0.58-0.270.520.55-0.82-0.740.830.34-0.13-0.7
-0.32-0.16-0.26-0.45-0.57-0.3-0.19-0.42-0.21-0.28-0.28-0.29-0.55-0.04-0.3-0.580.32-0.29-0.320.370.37-0.36-0.240.040.37
-0.180.05-0.18-0.6-0.6-0.21-0.180.30.57-0.12-0.02-0.13-0.750.28-0.84-0.270.32-0.59-0.710.640.66-0.59-0.58-0.080.69
0.21-0.160.190.890.810.280.33-0.26-0.110.14-0.140.140.770.370.630.52-0.29-0.590.85-0.7-0.820.630.53-0.16-0.88
0.490.070.490.870.860.570.59-0.15-0.290.430.080.430.920.240.640.55-0.32-0.710.85-0.77-0.820.680.760.15-0.92
-0.44-0.18-0.43-0.73-0.88-0.41-0.44-0.010.05-0.36-0.38-0.39-0.87-0.31-0.58-0.820.370.64-0.7-0.770.92-0.99-0.580.030.91
-0.210.1-0.19-0.72-0.92-0.21-0.310.210.08-0.13-0.05-0.15-0.88-0.31-0.6-0.740.370.66-0.82-0.820.92-0.88-0.530.280.96
0.420.210.410.670.830.380.40.060.00.340.440.380.810.320.540.83-0.36-0.590.630.68-0.99-0.880.53-0.04-0.85
0.70.50.70.740.640.70.660.05-0.290.670.430.660.720.170.460.34-0.24-0.580.530.76-0.58-0.530.530.52-0.68
0.780.660.810.18-0.120.80.550.38-0.150.830.60.80.05-0.080.02-0.130.04-0.08-0.160.150.030.28-0.040.520.11
-0.35-0.02-0.33-0.85-0.95-0.38-0.450.170.16-0.27-0.11-0.28-0.93-0.3-0.65-0.70.370.69-0.88-0.920.910.96-0.85-0.680.11
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Lushang Property Account Relationship Matchups

Lushang Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.0B61.5B61.4B58.5B7.8B7.4B
Other Current Liab33.5B34.3B36.7B713.8M16.0M15.2M
Total Current Liabilities47.5B50.5B51.1B50.6B2.4B2.3B
Total Stockholder Equity2.7B4.1B4.7B3.7B4.0B2.2B
Retained Earnings1.6B2.1B2.2B1.9B2.1B2.2B
Accounts Payable6.3B8.4B8.7B9.3B453.0M430.3M
Cash3.6B5.1B5.1B4.3B1.7B2.2B
Long Term Debt3.8B4.4B3.8B2.2B665.0M631.8M
Net Receivables352.2M190.9M277.7M351.3M455.0M346.0M
Inventory44.4B46.7B48.2B46.0B525.4M499.2M
Other Current Assets5.8B6.1B3.8B1.7B12.4M11.8M
Total Liab51.3B55.0B54.9B52.9B3.1B3.0B
Intangible Assets178.4M217.7M222.7M225.5M182.2M191.3M
Property Plant Equipment854.5M864.0M1.2B1.3B1.2B1.0B
Other Assets192.4M138.9M167.1M155.7M179.0M188.0M
Other Liab83.3M63.6M67.9M64.4M58.0M55.1M
Net Tangible Assets2.3B2.6B3.7B4.4B5.0B3.2B
Non Current Assets Total1.6B2.4B2.7B2.8B1.8B2.0B
Non Currrent Assets Other67.6M53.1M5.3M19.2M12.0M11.4M
Non Current Liabilities Total3.8B4.5B3.8B2.3B735.9M699.1M
Deferred Long Term Liab50.0M42.7M44.1M40.5M46.6M42.7M
Short Long Term Debt3.6B4.3B3.2B2.3B705.2M670.0M
Total Current Assets54.4B59.1B58.7B55.6B6.0B5.7B
Non Current Liabilities Other6.1B5.9B3.8B6.4M5.8M5.5M
Net Debt3.7B3.7B1.8B167.5M150.7M143.2M
Net Invested Capital10.1B12.8B11.7B8.2B5.4B7.5B
Net Working Capital6.9B8.6B7.6B5.0B3.6B5.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Lushang Stock

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