Jiangxi Long Term Debt vs Total Assets Analysis

600362 Stock   20.86  0.34  1.60%   
Jiangxi Copper financial indicator trend analysis is infinitely more than just investigating Jiangxi Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Copper is a good investment. Please check the relationship between Jiangxi Copper Long Term Debt and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Copper 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Copper Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangxi Copper's Long Term Debt and Total Assets is 0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jiangxi Copper Co, assuming nothing else is changed. The correlation between historical values of Jiangxi Copper's Long Term Debt 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 Long Term Debt of Jiangxi Copper 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 Long Term Debt i.e., Jiangxi Copper's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Jiangxi Copper has held for over one year. Long-term debt appears on Jiangxi Copper Co 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 Jiangxi Copper Co 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.

Total Assets

Total assets refers to the total amount of Jiangxi Copper 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 Jiangxi Copper 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 Jiangxi Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Copper 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 Jiangxi Copper 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 935.1 M. In addition to that, Tax Provision is expected to decline to about 1.3 B
 2021 2022 2023 2024 (projected)
Gross Profit17.5B14.3B14.0B11.5B
Total Revenue442.8B479.9B521.9B343.7B

Jiangxi Copper fundamental ratios Correlations

0.280.970.970.830.920.730.780.930.890.89-0.960.630.990.670.920.99-0.550.860.990.910.85-0.40.920.980.96
0.280.220.30.120.140.780.030.230.240.33-0.330.120.29-0.120.290.26-0.030.310.220.290.5-0.020.170.330.15
0.970.220.910.780.860.690.780.940.830.82-0.910.710.950.790.840.98-0.590.90.980.910.75-0.380.930.930.9
0.970.30.910.780.920.690.750.880.880.86-0.940.510.960.570.950.94-0.490.780.940.840.8-0.40.810.970.97
0.830.120.780.780.80.540.810.810.620.79-0.780.350.820.430.80.83-0.310.540.780.650.84-0.40.850.860.8
0.920.140.860.920.80.610.770.880.90.83-0.850.520.930.480.90.9-0.50.720.930.820.78-0.440.830.890.97
0.730.780.690.690.540.610.390.710.710.8-0.780.570.740.30.70.74-0.490.740.720.740.85-0.380.70.730.62
0.780.030.780.750.810.770.390.670.610.68-0.660.410.780.640.750.78-0.170.610.760.660.61-0.430.80.780.76
0.930.230.940.880.810.880.710.670.80.81-0.880.650.890.580.830.94-0.590.760.950.810.77-0.390.880.890.89
0.890.240.830.880.620.90.710.610.80.85-0.890.740.90.570.830.89-0.540.870.910.920.78-0.40.810.840.93
0.890.330.820.860.790.830.80.680.810.85-0.960.580.890.50.940.89-0.60.770.870.780.88-0.70.880.890.87
-0.96-0.33-0.91-0.94-0.78-0.85-0.78-0.66-0.88-0.89-0.96-0.64-0.95-0.61-0.93-0.950.61-0.84-0.94-0.87-0.870.52-0.88-0.96-0.93
0.630.120.710.510.350.520.570.410.650.740.58-0.640.590.740.430.69-0.450.850.70.790.47-0.280.720.530.56
0.990.290.950.960.820.930.740.780.890.90.89-0.950.590.650.910.98-0.560.870.970.930.88-0.390.920.980.96
0.67-0.120.790.570.430.480.30.640.580.570.5-0.610.740.650.470.71-0.50.830.710.750.35-0.250.740.610.57
0.920.290.840.950.80.90.70.750.830.830.94-0.930.430.910.470.88-0.540.690.890.730.81-0.660.810.920.93
0.990.260.980.940.830.90.740.780.940.890.89-0.950.690.980.710.88-0.570.890.990.930.85-0.40.960.970.94
-0.55-0.03-0.59-0.49-0.31-0.5-0.49-0.17-0.59-0.54-0.60.61-0.45-0.56-0.5-0.54-0.57-0.61-0.63-0.55-0.430.52-0.61-0.48-0.5
0.860.310.90.780.540.720.740.610.760.870.77-0.840.850.870.830.690.89-0.610.890.970.71-0.320.870.810.77
0.990.220.980.940.780.930.720.760.950.910.87-0.940.70.970.710.890.99-0.630.890.920.8-0.440.930.940.95
0.910.290.910.840.650.820.740.660.810.920.78-0.870.790.930.750.730.93-0.550.970.920.81-0.230.90.870.86
0.850.50.750.80.840.780.850.610.770.780.88-0.870.470.880.350.810.85-0.430.710.80.81-0.340.830.880.8
-0.4-0.02-0.38-0.4-0.4-0.44-0.38-0.43-0.39-0.4-0.70.52-0.28-0.39-0.25-0.66-0.40.52-0.32-0.44-0.23-0.34-0.49-0.38-0.41
0.920.170.930.810.850.830.70.80.880.810.88-0.880.720.920.740.810.96-0.610.870.930.90.83-0.490.890.84
0.980.330.930.970.860.890.730.780.890.840.89-0.960.530.980.610.920.97-0.480.810.940.870.88-0.380.890.94
0.960.150.90.970.80.970.620.760.890.930.87-0.930.560.960.570.930.94-0.50.770.950.860.8-0.410.840.94
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Jiangxi Copper Account Relationship Matchups

Jiangxi Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.9B140.9B161.0B167.3B168.2B140.5B
Other Current Liab8.6B9.8B13.4B6.6B6.3B9.5B
Total Current Liabilities68.4B56.3B67.2B73.2B70.3B61.7B
Total Stockholder Equity52.7B59.9B69.8B73.5B67.4B62.7B
Other Liab859.0M1.2B1.3B1.2B1.4B1.2B
Net Tangible Assets47.4B47.3B50.6B60.8B70.0B53.4B
Retained Earnings35.9B37.9B43.2B31.5B35.9B38.1B
Accounts Payable12.5B10.1B11.2B13.8B15.0B11.9B
Cash29.8B25.0B34.8B32.1B35.6B28.5B
Other Assets2.6B2.1B2.5B2.6B3.0B2.4B
Long Term Debt6.1B14.6B13.4B9.8B18.6B19.6B
Net Receivables11.5B4.4B5.0B4.5B4.0B3.8B
Short Term Investments10.7B4.5B4.0B4.5B7.6B5.2B
Inventory26.9B32.7B37.0B38.1B40.5B29.5B
Other Current Assets10.2B6.0B3.8B9.3B6.8B6.7B
Other Stockholder Equity504.6M1.7B7.4B11.9B13.7B14.4B
Total Liab75.9B74.0B83.2B85.4B91.4B72.0B
Short Long Term Debt42.1B33.8B33.5B35.7B36.1B31.4B
Total Current Assets84.0B78.1B93.2B96.7B102.0B85.6B
Intangible Assets4.2B8.0B7.7B4.1B7.4B5.0B
Property Plant Equipment22.4B28.2B26.8B26.4B30.3B26.8B
Non Current Assets Total50.9B62.8B67.8B70.6B66.1B57.7B
Non Currrent Assets Other2.1B4.5B6.2B8.2B8.6B4.5B
Non Current Liabilities Total7.5B17.7B16.0B12.2B21.1B11.3B
Non Current Liabilities Other252.6M352.3M1.6B388.3M1.4B1.4B
Net Debt18.1B23.3B12.0B13.3B19.1B16.0B
Net Invested Capital100.6B108.3B116.6B118.9B122.1B113.4B
Net Working Capital15.7B21.8B26.0B23.5B31.7B25.0B

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Other Information on Investing in Jiangxi Stock

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