Gansu Long Term Debt vs Short Long Term Debt Analysis

600307 Stock   1.63  0.06  3.55%   
Gansu Jiu financial indicator trend analysis is much more than just examining Gansu Jiu Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gansu Jiu Steel is a good investment. Please check the relationship between Gansu Jiu Long Term Debt and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gansu Jiu Steel. 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.

Long Term Debt vs Short Long Term Debt

Long Term Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gansu Jiu Steel Long Term Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gansu Jiu's Long Term Debt and Short Long Term Debt is -0.4. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Gansu Jiu Steel, assuming nothing else is changed. The correlation between historical values of Gansu Jiu's Long Term Debt and Short 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 Long Term Debt of Gansu Jiu Steel are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt i.e., Gansu Jiu's Long Term Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Gansu Jiu Steel has held for over one year. Long-term debt appears on Gansu Jiu Steel 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 Gansu Jiu Steel 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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Gansu Jiu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gansu Jiu Steel 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 Gansu Jiu Steel. 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.
The current year's Selling General Administrative is expected to grow to about 2.1 B, whereas Tax Provision is forecasted to decline to about 7 M.

Gansu Jiu fundamental ratios Correlations

0.390.940.930.290.440.70.510.430.480.830.420.990.740.920.220.430.020.010.020.04-0.05-0.02-0.02-0.030.05
0.390.360.390.670.090.56-0.180.010.450.580.750.37-0.070.18-0.45-0.22-0.21-0.30.31-0.25-0.35-0.22-0.36-0.34-0.23
0.940.360.830.160.380.560.370.180.450.710.480.950.790.930.360.57-0.020.020.040.060.170.040.09-0.18-0.03
0.930.390.830.460.410.770.520.390.390.890.340.860.620.780.120.230.120.05-0.010.03-0.10.08-0.07-0.180.07
0.290.670.160.46-0.20.790.040.060.490.60.520.2-0.31-0.05-0.63-0.61-0.32-0.450.54-0.48-0.58-0.37-0.67-0.340.02
0.440.090.380.41-0.20.150.010.55-0.250.43-0.110.430.420.420.260.290.670.64-0.740.60.190.550.510.470.3
0.70.560.560.770.790.150.370.440.590.830.470.640.10.38-0.37-0.27-0.32-0.380.4-0.38-0.51-0.39-0.54-0.03-0.05
0.51-0.180.370.520.040.010.370.460.350.26-0.270.490.440.510.220.19-0.14-0.220.18-0.2-0.45-0.28-0.350.160.06
0.430.010.180.390.060.550.440.460.210.44-0.110.430.120.31-0.2-0.050.090.03-0.20.02-0.4-0.13-0.120.720.21
0.480.450.450.390.49-0.250.590.350.210.40.590.490.030.34-0.45-0.14-0.64-0.630.72-0.67-0.47-0.67-0.68-0.16-0.16
0.830.580.710.890.60.430.830.260.440.40.580.770.390.59-0.190.040.07-0.010.030.05-0.150.07-0.12-0.130.14
0.420.750.480.340.52-0.110.47-0.27-0.110.590.580.430.040.27-0.380.03-0.39-0.420.46-0.290.03-0.22-0.22-0.46-0.1
0.990.370.950.860.20.430.640.490.430.490.770.430.770.940.250.49-0.020.00.020.05-0.02-0.060.010.030.04
0.74-0.070.790.62-0.310.420.10.440.120.030.390.040.770.920.750.830.350.39-0.360.440.410.330.49-0.030.11
0.920.180.930.78-0.050.420.380.510.310.340.590.270.940.920.510.70.140.16-0.140.20.180.10.22-0.010.07
0.22-0.450.360.12-0.630.26-0.370.22-0.2-0.45-0.19-0.380.250.750.510.840.420.48-0.480.520.580.450.650.030.12
0.43-0.220.570.23-0.610.29-0.270.19-0.05-0.140.040.030.490.830.70.840.230.31-0.340.390.640.340.630.00.08
0.02-0.21-0.020.12-0.320.67-0.32-0.140.09-0.640.07-0.39-0.020.350.140.420.230.91-0.930.850.430.890.740.130.46
0.01-0.30.020.05-0.450.64-0.38-0.220.03-0.63-0.01-0.420.00.390.160.480.310.91-0.920.910.570.850.810.170.23
0.020.310.04-0.010.54-0.740.40.18-0.20.720.030.460.02-0.36-0.14-0.48-0.34-0.93-0.92-0.89-0.51-0.84-0.84-0.34-0.3
0.04-0.250.060.03-0.480.6-0.38-0.20.02-0.670.05-0.290.050.440.20.520.390.850.91-0.890.570.840.820.160.24
-0.05-0.350.17-0.1-0.580.19-0.51-0.45-0.4-0.47-0.150.03-0.020.410.180.580.640.430.57-0.510.570.670.87-0.230.02
-0.02-0.220.040.08-0.370.55-0.39-0.28-0.13-0.670.07-0.22-0.060.330.10.450.340.890.85-0.840.840.670.8-0.140.31
-0.02-0.360.09-0.07-0.670.51-0.54-0.35-0.12-0.68-0.12-0.220.010.490.220.650.630.740.81-0.840.820.870.80.090.17
-0.03-0.34-0.18-0.18-0.340.47-0.030.160.72-0.16-0.13-0.460.03-0.03-0.010.030.00.130.17-0.340.16-0.23-0.140.090.28
0.05-0.23-0.030.070.020.3-0.050.060.21-0.160.14-0.10.040.110.070.120.080.460.23-0.30.240.020.310.170.28
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Gansu Jiu Account Relationship Matchups

Gansu Jiu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.6B41.4B41.9B40.4B44.4B31.0B
Other Current Liab727.9M1.0B1.5B1.7B101.8M96.7M
Total Current Liabilities26.4B27.2B23.9B23.0B24.5B18.3B
Total Stockholder Equity11.8B12.3B13.8B11.2B10.1B9.4B
Retained Earnings(1.3B)(798.5M)689.1M(3.3B)(4.3B)(4.1B)
Accounts Payable8.3B10.4B11.3B11.3B14.0B14.7B
Cash4.1B4.4B4.8B4.5B4.3B4.3B
Other Assets165.0M154.5M174.8M307.9M354.1M237.8M
Long Term Debt1.0B1.3B3.9B5.8B9.4B9.9B
Net Receivables1.8B164.2M242.3M161.9M320.3M304.3M
Inventory5.4B6.6B8.1B5.4B5.6B4.9B
Other Current Assets594.4M421.1M758.0M346.3M101.2M96.1M
Total Liab27.7B29.1B28.1B29.2B34.2B21.5B
Property Plant Equipment23.8B24.0B23.9B24.0B27.6B16.5B
Intangible Assets2.8B2.7B2.6B2.6B3.4B1.7B
Other Liab326.8M301.5M293.3M320.3M368.3M235.5M
Net Tangible Assets9.0B9.6B11.2B8.5B9.8B8.9B
Other Stockholder Equity106.6M142.2M142.4M122.8M141.2M124.1M
Deferred Long Term Liab8.5M8.0M7.5M7.0M6.3M6.8M
Short Long Term Debt16.7B14.3B9.5B7.3B8.0B9.9B
Total Current Assets11.9B13.9B14.2B10.7B10.8B12.5B
Non Current Assets Total27.6B27.5B27.7B29.7B33.6B31.8B
Non Currrent Assets Other97.8M105.7M215.9M9.3M201.2M128.9M
Non Current Liabilities Total1.3B1.9B4.3B6.2B9.8B10.2B
Non Current Liabilities Other960M1.0B18.0M17.9M15.8M15.0M
Net Debt13.6B11.3B8.6B8.6B13.1B9.8B
Net Invested Capital29.5B28.0B27.2B24.3B27.6B22.3B
Net Working Capital(14.4B)(13.2B)(9.6B)(12.3B)(13.7B)(14.4B)

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Other Information on Investing in Gansu Stock

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