Beijing Net Receivables vs Total Current Assets Analysis

600386 Stock   4.97  0.21  4.41%   
Beijing Bashi financial indicator trend analysis is way more than just evaluating Beijing Bashi Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Bashi Media is a good investment. Please check the relationship between Beijing Bashi Net Receivables and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Bashi Media. 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.

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Bashi Media Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing Bashi's Net Receivables and Total Current Assets is 0.13. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Beijing Bashi Media, assuming nothing else is changed. The correlation between historical values of Beijing Bashi's Net Receivables and Total Current 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 Net Receivables of Beijing Bashi Media are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., Beijing Bashi's Net Receivables and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Beijing Bashi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Bashi Media 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 Beijing Bashi Media. 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 314 M. The current year's Tax Provision is expected to grow to about 46.7 M
 2021 2022 2023 2024 (projected)
Operating Income359.6M227.6M173.0M230.7M
Total Revenue4.3B3.6B4.8B3.1B

Beijing Bashi fundamental ratios Correlations

0.110.930.8-0.510.890.790.680.760.610.69-0.390.890.410.960.560.910.83-0.6-0.810.74-0.740.75-0.350.80.8
0.110.00.190.10.22-0.010.28-0.220.270.520.10.260.740.070.360.05-0.060.010.3-0.350.27-0.20.460.09-0.16
0.930.00.6-0.570.710.790.480.840.540.5-0.50.860.320.960.650.870.86-0.77-0.860.81-0.840.93-0.340.930.89
0.80.190.6-0.090.850.610.930.480.340.80.170.80.320.610.410.670.41-0.22-0.450.39-0.360.36-0.20.40.4
-0.510.1-0.57-0.09-0.53-0.490.05-0.4-0.470.00.78-0.34-0.07-0.640.03-0.48-0.730.50.67-0.570.62-0.540.41-0.57-0.63
0.890.220.710.85-0.530.590.740.490.510.66-0.260.80.350.790.340.760.69-0.32-0.630.51-0.490.49-0.310.570.58
0.79-0.010.790.61-0.490.590.540.760.570.57-0.280.70.260.770.380.670.59-0.74-0.760.6-0.780.65-0.390.650.69
0.680.280.480.930.050.740.540.290.360.810.240.780.280.480.30.560.21-0.07-0.280.12-0.180.240.030.270.19
0.76-0.220.840.48-0.40.490.760.290.310.37-0.440.590.160.80.680.760.8-0.86-0.90.86-0.950.83-0.670.830.94
0.610.270.540.34-0.470.510.570.360.310.62-0.390.580.670.650.170.460.41-0.42-0.390.24-0.370.410.150.430.37
0.690.520.50.80.00.660.570.810.370.620.070.790.740.560.490.620.3-0.26-0.260.18-0.260.240.130.350.29
-0.390.1-0.50.170.78-0.26-0.280.24-0.44-0.390.07-0.25-0.09-0.59-0.14-0.55-0.770.470.65-0.550.64-0.570.35-0.62-0.65
0.890.260.860.8-0.340.80.70.780.590.580.79-0.250.480.830.580.850.63-0.46-0.590.5-0.550.690.00.70.6
0.410.740.320.32-0.070.350.260.280.160.670.74-0.090.480.420.510.320.24-0.3-0.040.07-0.080.130.340.30.19
0.960.070.960.61-0.640.790.770.480.80.650.56-0.590.830.420.580.90.91-0.71-0.860.8-0.820.84-0.370.880.88
0.560.360.650.410.030.340.380.30.680.170.49-0.140.580.510.580.560.52-0.68-0.430.5-0.520.63-0.170.750.64
0.910.050.870.67-0.480.760.670.560.760.460.62-0.550.850.320.90.560.86-0.54-0.820.76-0.780.75-0.380.80.81
0.83-0.060.860.41-0.730.690.590.210.80.410.3-0.770.630.240.910.520.86-0.68-0.910.88-0.860.81-0.570.880.94
-0.60.01-0.77-0.220.5-0.32-0.74-0.07-0.86-0.42-0.260.47-0.46-0.3-0.71-0.68-0.54-0.680.74-0.690.86-0.80.5-0.84-0.86
-0.810.3-0.86-0.450.67-0.63-0.76-0.28-0.9-0.39-0.260.65-0.59-0.04-0.86-0.43-0.82-0.910.74-0.880.95-0.840.71-0.83-0.94
0.74-0.350.810.39-0.570.510.60.120.860.240.18-0.550.50.070.80.50.760.88-0.69-0.88-0.870.79-0.660.760.92
-0.740.27-0.84-0.360.62-0.49-0.78-0.18-0.95-0.37-0.260.64-0.55-0.08-0.82-0.52-0.78-0.860.860.95-0.87-0.850.69-0.85-0.96
0.75-0.20.930.36-0.540.490.650.240.830.410.24-0.570.690.130.840.630.750.81-0.8-0.840.79-0.85-0.380.930.88
-0.350.46-0.34-0.20.41-0.31-0.390.03-0.670.150.130.350.00.34-0.37-0.17-0.38-0.570.50.71-0.660.69-0.38-0.42-0.66
0.80.090.930.4-0.570.570.650.270.830.430.35-0.620.70.30.880.750.80.88-0.84-0.830.76-0.850.93-0.420.91
0.8-0.160.890.4-0.630.580.690.190.940.370.29-0.650.60.190.880.640.810.94-0.86-0.940.92-0.960.88-0.660.91
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Beijing Bashi Account Relationship Matchups

Beijing Bashi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B4.5B4.4B4.7B4.8B3.5B
Other Current Liab469.8M538.3M346.8M5.8M5.5M5.2M
Total Current Liabilities1.6B1.4B1.2B1.6B1.8B1.2B
Total Stockholder Equity1.8B1.8B1.8B1.8B1.8B1.5B
Other Liab13.3M12.5M10.0M10.4M9.4M8.9M
Retained Earnings690.9M726.8M795.0M817.0M529.2M471.1M
Accounts Payable567.0M585.9M355.8M351.8M660.0M693.0M
Cash952.8M1.1B937.5M1.0B996.9M860.6M
Other Assets197.4M177.9M187.9M197.7M227.4M238.7M
Long Term Debt910.4M1.1B1.5B338.6M389.4M655.8M
Net Receivables355.5M255.4M238.8M180.1M214.1M193.8M
Inventory444.2M384.0M252.6M395.8M397.7M212.7M
Other Current Assets526.8M193.4M196.0M12.3M33.4M31.8M
Total Liab3.1B2.6B2.4B2.7B2.8B1.9B
Intangible Assets502.7M442.0M400.3M348.1M334.4M210.6M
Property Plant Equipment1.3B1.5B1.5B1.7B1.5B1.0B
Net Tangible Assets1.3B1.3B1.4B1.5B1.3B1.2B
Other Stockholder Equity35.7M27.2M13.5M(9.7M)(8.7M)(8.3M)
Deferred Long Term Liab80.8M68.0M83.8M89.2M102.5M70.8M
Short Long Term Debt342.7M208.9M203.4M489.9M504.3M294.7M
Total Current Assets2.3B2.0B1.7B1.9B1.9B1.7B
Non Current Assets Total2.7B2.6B2.7B2.8B2.8B2.6B
Non Currrent Assets Other75.8M1.5B48.2M47.2M33.8M32.1M
Non Current Liabilities Total1.5B1.2B1.2B1.1B1.0B1.2B
Net Invested Capital2.2B2.0B2.0B2.3B2.6B2.5B
Net Working Capital674.4M547.6M494.2M302.6M177.0M168.1M

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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