BaoJi Total Current Liabilities vs Selling General Administrative Analysis

600456 Stock   29.60  0.16  0.54%   
BaoJi Titanium financial indicator trend analysis is way more than just evaluating BaoJi Titanium Industry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BaoJi Titanium Industry is a good investment. Please check the relationship between BaoJi Titanium Total Current Liabilities and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BaoJi Titanium Industry. 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 Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BaoJi Titanium Industry Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BaoJi Titanium's Total Current Liabilities and Selling General Administrative is -0.1. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of BaoJi Titanium Industry, assuming nothing else is changed. The correlation between historical values of BaoJi Titanium's Total Current Liabilities and Selling General Administrative 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 BaoJi Titanium Industry are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., BaoJi Titanium's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on BaoJi Titanium balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BaoJi Titanium Industry 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.

Selling General Administrative

Most indicators from BaoJi Titanium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BaoJi Titanium Industry 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 BaoJi Titanium Industry. 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 140.9 M, whereas Tax Provision is forecasted to decline to about 52.2 M.
 2021 2022 2023 2024 (projected)
Operating Income824.9M906.7M904.8M950.1M
Total Revenue5.2B6.6B6.9B7.3B

BaoJi Titanium fundamental ratios Correlations

0.820.750.840.930.690.590.80.990.40.980.740.590.810.53-0.630.680.850.77-0.08-0.560.030.840.590.710.72
0.820.670.720.90.580.560.530.80.590.840.390.30.690.23-0.190.620.670.870.03-0.48-0.180.960.470.790.69
0.750.670.890.630.690.40.480.710.460.770.790.70.860.64-0.610.630.920.72-0.26-0.480.160.740.590.510.37
0.840.720.890.750.720.60.520.810.560.820.890.840.910.56-0.670.670.930.82-0.02-0.42-0.090.790.440.670.51
0.930.90.630.750.560.550.730.940.450.910.540.430.740.24-0.370.570.720.850.06-0.46-0.180.920.460.820.81
0.690.580.690.720.560.680.50.580.440.750.630.440.780.62-0.540.840.80.56-0.3-0.520.290.630.610.30.51
0.590.560.40.60.550.680.520.520.20.670.490.340.660.52-0.360.830.620.55-0.18-0.490.070.590.40.360.38
0.80.530.480.520.730.50.520.8-0.060.820.520.260.580.56-0.440.630.690.55-0.37-0.70.350.640.730.480.61
0.990.80.710.810.940.580.520.80.350.950.720.590.740.47-0.60.60.80.760.02-0.5-0.040.820.540.770.72
0.40.590.460.560.450.440.2-0.060.350.350.320.370.42-0.02-0.210.180.390.50.26-0.06-0.350.510.030.410.31
0.980.840.770.820.910.750.670.820.950.350.710.520.830.6-0.60.770.870.75-0.2-0.630.140.850.670.640.69
0.740.390.790.890.540.630.490.520.720.320.710.930.820.7-0.910.540.860.5-0.13-0.360.090.470.390.390.32
0.590.30.70.840.430.440.340.260.590.370.520.930.70.48-0.820.340.70.450.14-0.08-0.20.360.090.420.19
0.810.690.860.910.740.780.660.580.740.420.830.820.70.6-0.630.710.910.75-0.25-0.490.070.780.520.510.58
0.530.230.640.560.240.620.520.560.47-0.020.60.70.480.6-0.690.690.730.26-0.56-0.660.660.310.750.050.15
-0.63-0.19-0.61-0.67-0.37-0.54-0.36-0.44-0.6-0.21-0.6-0.91-0.82-0.63-0.69-0.38-0.66-0.170.20.28-0.22-0.21-0.32-0.1-0.15
0.680.620.630.670.570.840.830.630.60.180.770.540.340.710.69-0.380.80.65-0.34-0.650.320.690.710.430.42
0.850.670.920.930.720.80.620.690.80.390.870.860.70.910.73-0.660.80.77-0.3-0.630.230.790.70.560.51
0.770.870.720.820.850.560.550.550.760.50.750.50.450.750.26-0.170.650.770.09-0.44-0.220.960.460.90.72
-0.080.03-0.26-0.020.06-0.3-0.18-0.370.020.26-0.2-0.130.14-0.25-0.560.2-0.34-0.30.090.73-0.8-0.06-0.620.410.06
-0.56-0.48-0.48-0.42-0.46-0.52-0.49-0.7-0.5-0.06-0.63-0.36-0.08-0.49-0.660.28-0.65-0.63-0.440.73-0.56-0.55-0.82-0.23-0.42
0.03-0.180.16-0.09-0.180.290.070.35-0.04-0.350.140.09-0.20.070.66-0.220.320.23-0.22-0.8-0.56-0.090.75-0.44-0.11
0.840.960.740.790.920.630.590.640.820.510.850.470.360.780.31-0.210.690.790.96-0.06-0.55-0.090.570.820.74
0.590.470.590.440.460.610.40.730.540.030.670.390.090.520.75-0.320.710.70.46-0.62-0.820.750.570.250.41
0.710.790.510.670.820.30.360.480.770.410.640.390.420.510.05-0.10.430.560.90.41-0.23-0.440.820.250.69
0.720.690.370.510.810.510.380.610.720.310.690.320.190.580.15-0.150.420.510.720.06-0.42-0.110.740.410.69
Click cells to compare fundamentals

BaoJi Titanium Account Relationship Matchups

BaoJi Titanium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B8.7B11.8B12.5B12.5B13.1B
Other Current Liab312.5M635.3M1.2B1.5B847.0M889.4M
Total Current Liabilities2.3B3.0B3.2B3.9B3.7B1.8B
Total Stockholder Equity3.7B4.0B6.0B6.2B6.5B3.4B
Accounts Payable849.8M900.0M1.5B1.6B1.6B1.7B
Cash888.4M929.1M1.6B905.4M921.1M719.8M
Long Term Debt1.6B1.2B1.7B1.5B1.4B747.9M
Net Receivables2.4B1.3B1.5B1.7B2.9B3.0B
Inventory2.1B2.2B3.0B3.6B3.7B3.9B
Other Current Assets55.2M41.7M386.2M249.6M53.9M51.3M
Total Liab4.0B4.4B5.3B5.7B5.3B5.6B
Property Plant Equipment2.3B2.4B3.0B3.3B3.8B2.0B
Retained Earnings933.2M1.2B1.3B1.1B1.4B711.6M
Other Assets199.8M169.1M184.2M160.1M184.2M123.8M
Intangible Assets131.3M125.4M189.9M183.7M178.4M95.1M
Other Liab177.4M165.3M162.1M209.2M240.5M139.1M
Net Tangible Assets3.4B3.6B3.9B5.8B6.7B4.2B
Other Stockholder Equity45.4K41.1K28.3K555.2K499.6K524.6K
Short Long Term Debt1.0B1B400.4M250.2M374.2M625.5M
Total Current Assets5.5B6.0B8.4B8.8B8.7B6.6B
Non Current Assets Total2.6B2.7B3.3B3.6B3.8B3.4B
Non Current Liabilities Total1.8B1.4B2.1B1.8B1.7B1.6B
Net Debt1.7B1.3B509.1M808.5M858.1M826.2M
Net Invested Capital6.4B6.2B8.2B7.9B8.3B7.5B
Net Working Capital3.2B3.0B5.2B4.9B5.0B3.9B

Currently Active Assets on Macroaxis

Other Information on Investing in BaoJi Stock

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