Ningxia Long Term Debt vs Retained Earnings Analysis

600449 Stock

15.07 0.07 0.47%

Ningxia Building financial indicator trend analysis is infinitely more than just investigating Ningxia Building Mat recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Building Mat is a good investment. Please check the relationship between Ningxia Building 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 Ningxia Building Materials. 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 Ningxia Building Mat Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ningxia Building's Long Term Debt and Retained Earnings is -0.27. 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 Ningxia Building Materials, assuming nothing else is changed. The correlation between historical values of Ningxia Building's 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 Ningxia Building Materials 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., Ningxia Building's Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Ningxia Building Mat has held for over one year. Long-term debt appears on Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Building Mat 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 Ningxia Building Materials. 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 110.4 M. In addition to that, Tax Provision is expected to decline to about 53.1 M

	2021	2022	2023	2024 (projected)
Operating Income	995.9M	751.3M	331.6M	408.4M
Total Revenue	5.8B	8.7B	10.4B	10.9B

Operating Income Total Revenue

Ningxia Building fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.38	0.8	0.75	0.61	0.34	0.73	0.61	0.28	0.56	0.54	0.42	0.66	0.63	0.85	0.86	0.65	0.31	0.45	0.54	0.41	0.23	0.38	0.55	0.15	-0.38
Other Current Liab	0.38		0.29	0.13	0.08	-0.44	0.23	0.36	0.0	0.01	0.32	0.6	0.16	0.54	0.46	0.44	0.03	-0.44	-0.05	-0.09	-0.18	-0.02	-0.16	-0.13	-0.42	0.11
Total Current Liabilities	0.8	0.29		0.4	0.21	0.44	0.45	0.21	0.47	0.65	0.61	0.57	0.92	0.31	0.66	0.85	0.32	0.14	-0.03	0.13	0.12	0.03	-0.07	0.33	0.15	-0.01
Total Stockholder Equity	0.75	0.13	0.4		0.96	0.56	0.69	0.74	-0.07	0.63	0.17	0.25	0.2	0.69	0.62	0.47	0.95	0.72	0.76	0.8	0.82	0.3	0.83	0.72	0.42	-0.76
Retained Earnings	0.61	0.08	0.21	0.96		0.47	0.68	0.75	-0.27	0.49	-0.04	0.14	-0.04	0.71	0.45	0.23	0.95	0.79	0.86	0.91	0.91	0.37	0.93	0.81	0.48	-0.86
Accounts Payable	0.34	-0.44	0.44	0.56	0.47		0.12	0.13	0.15	0.79	0.03	0.12	0.39	0.03	0.28	0.28	0.57	0.77	0.25	0.41	0.59	0.04	0.43	0.51	0.56	-0.41
Cash	0.73	0.23	0.45	0.69	0.68	0.12		0.54	0.06	0.29	0.42	0.37	0.29	0.6	0.41	0.4	0.67	0.38	0.54	0.63	0.56	0.44	0.5	0.65	0.24	-0.6
Other Assets	0.61	0.36	0.21	0.74	0.75	0.13	0.54		-0.4	0.19	-0.14	0.18	-0.07	0.91	0.66	0.34	0.73	0.39	0.71	0.68	0.54	0.34	0.64	0.54	-0.02	-0.53
Long Term Debt	0.28	0.0	0.47	-0.07	-0.27	0.15	0.06	-0.4		0.15	0.81	0.16	0.76	-0.41	0.14	0.53	-0.17	-0.15	-0.53	-0.36	-0.26	0.09	-0.43	-0.23	0.16	0.35
Net Receivables	0.56	0.01	0.65	0.63	0.49	0.79	0.29	0.19	0.15		0.27	0.5	0.55	0.28	0.56	0.55	0.6	0.5	0.26	0.34	0.48	-0.1	0.35	0.45	0.39	-0.44
Inventory	0.54	0.32	0.61	0.17	-0.04	0.03	0.42	-0.14	0.81	0.27		0.34	0.77	-0.08	0.34	0.72	0.06	-0.2	-0.27	-0.22	-0.19	0.12	-0.28	-0.14	-0.02	0.17
Other Current Assets	0.42	0.6	0.57	0.25	0.14	0.12	0.37	0.18	0.16	0.5	0.34		0.46	0.4	0.46	0.42	0.15	-0.07	-0.17	-0.02	0.11	-0.14	-0.15	0.17	-0.14	0.01
Total Liab	0.66	0.16	0.92	0.2	-0.04	0.39	0.29	-0.07	0.76	0.55	0.77	0.46		0.0	0.53	0.83	0.1	-0.01	-0.29	-0.12	-0.1	0.01	-0.28	0.08	0.14	0.17
Intangible Assets	0.63	0.54	0.31	0.69	0.71	0.03	0.6	0.91	-0.41	0.28	-0.08	0.4	0.0		0.66	0.36	0.67	0.27	0.65	0.62	0.49	0.21	0.56	0.53	-0.01	-0.53
Common Stock	0.85	0.46	0.66	0.62	0.45	0.28	0.41	0.66	0.14	0.56	0.34	0.46	0.53	0.66		0.84	0.52	0.12	0.36	0.34	0.21	0.04	0.25	0.31	-0.11	-0.22
Property Plant Equipment	0.86	0.44	0.85	0.47	0.23	0.28	0.4	0.34	0.53	0.55	0.72	0.42	0.83	0.36	0.84		0.33	-0.04	0.04	0.07	-0.02	0.0	-0.02	0.1	-0.05	0.0
Other Liab	0.65	0.03	0.32	0.95	0.95	0.57	0.67	0.73	-0.17	0.6	0.06	0.15	0.1	0.67	0.52	0.33		0.8	0.78	0.84	0.87	0.49	0.86	0.78	0.5	-0.85
Short Term Investments	0.31	-0.44	0.14	0.72	0.79	0.77	0.38	0.39	-0.15	0.5	-0.2	-0.07	-0.01	0.27	0.12	-0.04	0.8		0.63	0.81	0.93	0.41	0.8	0.84	0.73	-0.75
Good Will	0.45	-0.05	-0.03	0.76	0.86	0.25	0.54	0.71	-0.53	0.26	-0.27	-0.17	-0.29	0.65	0.36	0.04	0.78	0.63		0.9	0.75	0.22	0.93	0.72	0.27	-0.8
Net Tangible Assets	0.54	-0.09	0.13	0.8	0.91	0.41	0.63	0.68	-0.36	0.34	-0.22	-0.02	-0.12	0.62	0.34	0.07	0.84	0.81	0.9		0.91	0.4	0.92	0.93	0.48	-0.85
Other Stockholder Equity	0.41	-0.18	0.12	0.82	0.91	0.59	0.56	0.54	-0.26	0.48	-0.19	0.11	-0.1	0.49	0.21	-0.02	0.87	0.93	0.75	0.91		0.41	0.89	0.91	0.65	-0.86
Deferred Long Term Liab	0.23	-0.02	0.03	0.3	0.37	0.04	0.44	0.34	0.09	-0.1	0.12	-0.14	0.01	0.21	0.04	0.0	0.49	0.41	0.22	0.4	0.41		0.3	0.43	0.4	-0.46
Long Term Investments	0.38	-0.16	-0.07	0.83	0.93	0.43	0.5	0.64	-0.43	0.35	-0.28	-0.15	-0.28	0.56	0.25	-0.02	0.86	0.8	0.93	0.92	0.89	0.3		0.76	0.52	-0.9
Total Current Assets	0.55	-0.13	0.33	0.72	0.81	0.51	0.65	0.54	-0.23	0.45	-0.14	0.17	0.08	0.53	0.31	0.1	0.78	0.84	0.72	0.93	0.91	0.43	0.76		0.56	-0.77
Non Current Assets Total	0.15	-0.42	0.15	0.42	0.48	0.56	0.24	-0.02	0.16	0.39	-0.02	-0.14	0.14	-0.01	-0.11	-0.05	0.5	0.73	0.27	0.48	0.65	0.4	0.52	0.56		-0.59
Non Currrent Assets Other	-0.38	0.11	-0.01	-0.76	-0.86	-0.41	-0.6	-0.53	0.35	-0.44	0.17	0.01	0.17	-0.53	-0.22	0.0	-0.85	-0.75	-0.8	-0.85	-0.86	-0.46	-0.9	-0.77	-0.59

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Ningxia Building Account Relationship Matchups

Ningxia Building fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	8.3B	9.3B	10.1B	11.2B	5.9B
Other Current Liab	281.4M	309.1M	322.7M	497.0M	8.6M	8.2M
Total Current Liabilities	1.3B	1.4B	1.7B	2.4B	3.0B	1.6B
Total Stockholder Equity	5.6B	6.3B	6.8B	7.0B	7.1B	7.5B
Retained Earnings	3.1B	3.8B	4.3B	4.5B	4.3B	4.5B
Accounts Payable	573.8M	585.1M	488.8M	444.2M	2.1B	2.2B
Cash	833.0M	722.0M	1.3B	1.4B	1.1B	689.8M
Other Assets	184.6M	253.6M	280.7M	178.4M	205.2M	121.4M
Long Term Debt	507.0M	21.9M	160.6M	442.5M	508.9M	583.5M
Net Receivables	1.2B	510.0M	758.6M	1.6B	1.9B	2.0B
Inventory	272.9M	249.3M	390.4M	404.4M	276.5M	294.6M
Other Current Assets	59.6M	55.4M	61.1M	196.6M	88.0M	93.2M
Total Liab	1.6B	1.6B	2.0B	2.6B	3.7B	2.1B
Intangible Assets	431.1M	439.8M	506.1M	572.9M	401.7M	217.4M
Property Plant Equipment	4.3B	4.2B	4.2B	4.4B	5.0B	3.2B
Other Liab	175.0M	164.0M	275.6M	219.6M	252.5M	265.1M
Net Tangible Assets	5.1B	5.9B	6.3B	6.5B	7.4B	5.5B
Other Stockholder Equity	9.1M	21.6M	28.1M	35.9M	41.3M	43.4M
Deferred Long Term Liab	7.4M	7.7M	24.1M	9.9M	11.4M	10.6M
Total Current Assets	2.4B	3.1B	4.0B	4.6B	5.7B	3.6B
Non Current Assets Total	5.2B	5.2B	5.3B	5.4B	5.5B	5.7B
Non Currrent Assets Other	25.3M	4.3B	110.2M	37.9M	2.6M	2.5M
Non Current Liabilities Total	335.5M	165.5M	280.7M	223.3M	676.1M	709.9M
Short Long Term Debt	333M	430.4M	390.4M	380.3M	400.2M	353.1M
Non Current Liabilities Other	23.0M	24.0M	24.5M	20.3M	25.9M	19.5M
Net Invested Capital	6.1B	6.7B	7.1B	7.4B	8.0B	7.3B
Net Working Capital	1.1B	1.7B	2.3B	2.2B	2.7B	1.7B

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Other Information on Investing in Ningxia Stock

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

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Ningxia 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

Ningxia Building fundamental ratios Correlations

Ningxia Building Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningxia Building fundamental ratios Accounts

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Other Information on Investing in Ningxia Stock

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Retained Earnings	+ 0.96	Total Stockholder Equity
Other Liab	+ 0.95	Total Stockholder Equity
Other Liab	+ 0.95	Retained Earnings
Long Term Investments	+ 0.93	Retained Earnings
Other Stockholder Equity	+ 0.93	Short Term Investments
Long Term Investments	+ 0.93	Good Will

Non Currrent Assets Other	- 0.9	Long Term Investments
Non Currrent Assets Other	- 0.86	Other Stockholder Equity
Non Currrent Assets Other	- 0.86	Retained Earnings
Non Currrent Assets Other	- 0.85	Net Tangible Assets
Non Currrent Assets Other	- 0.85	Other Liab
Non Currrent Assets Other	- 0.8	Good Will