Tengda Total Stockholder Equity vs Long Term Debt Analysis

600512 Stock   2.46  0.04  1.65%   
Tengda Construction financial indicator trend analysis is much more than just breaking down Tengda Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tengda Construction is a good investment. Please check the relationship between Tengda Construction Total Stockholder Equity and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tengda Construction Group. 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.

Total Stockholder Equity vs Long Term Debt

Total Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tengda Construction Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tengda Construction's Total Stockholder Equity and Long Term Debt is 0.11. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Tengda Construction Group, assuming nothing else is changed. The correlation between historical values of Tengda Construction's Total Stockholder Equity and 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 Total Stockholder Equity of Tengda Construction Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Tengda Construction's Total Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Tengda Construction has held for over one year. Long-term debt appears on Tengda Construction Group 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 Tengda Construction Group 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.
Most indicators from Tengda Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tengda Construction 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 Tengda Construction Group. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 72.5 M. In addition to that, Tax Provision is expected to decline to about 1.1 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses50.1M128.5M147.8M155.1M
Gross Profit1.3B759.8M415.5M642.0M

Tengda Construction fundamental ratios Correlations

0.420.830.820.690.830.870.370.510.440.9-0.270.840.390.660.110.590.840.30.90.340.850.820.78-0.30.2
0.420.640.1-0.010.130.190.110.570.160.560.210.11-0.050.07-0.32-0.060.07-0.310.250.020.150.030.150.090.05
0.830.640.570.550.570.550.150.660.270.88-0.010.610.410.56-0.330.120.560.230.67-0.030.560.410.58-0.25-0.04
0.820.10.570.930.980.70.070.180.250.59-0.550.960.660.880.110.530.960.680.860.160.940.890.84-0.54-0.15
0.69-0.010.550.930.890.49-0.14-0.010.160.47-0.630.840.830.96-0.050.250.910.850.81-0.150.870.710.83-0.66-0.33
0.830.130.570.980.890.740.130.20.360.63-0.510.940.640.840.20.580.940.620.850.220.930.90.85-0.45-0.06
0.870.190.550.70.490.740.650.450.60.8-0.270.770.080.40.440.850.70.060.790.70.770.870.72-0.020.52
0.370.110.150.07-0.140.130.650.360.420.520.220.22-0.34-0.190.480.630.07-0.480.310.840.240.370.260.440.83
0.510.570.660.18-0.010.20.450.360.150.680.520.36-0.180.01-0.110.280.09-0.270.150.340.130.20.040.10.23
0.440.160.270.250.160.360.60.420.150.54-0.110.330.07-0.010.490.520.21-0.180.430.390.350.390.590.420.59
0.90.560.880.590.470.630.80.520.680.540.020.670.250.450.090.490.570.050.750.340.670.590.69-0.090.38
-0.270.21-0.01-0.55-0.63-0.51-0.270.220.52-0.110.02-0.35-0.36-0.59-0.11-0.14-0.62-0.53-0.580.11-0.6-0.48-0.590.40.23
0.840.110.610.960.840.940.770.220.360.330.67-0.350.590.760.170.610.890.560.810.30.880.90.8-0.4-0.03
0.39-0.050.410.660.830.640.08-0.34-0.180.070.25-0.360.590.79-0.18-0.10.640.860.53-0.450.560.360.64-0.56-0.51
0.660.070.560.880.960.840.4-0.190.01-0.010.45-0.590.760.79-0.150.170.880.850.77-0.240.850.640.74-0.8-0.36
0.11-0.32-0.330.11-0.050.20.440.48-0.110.490.09-0.110.17-0.18-0.150.730.13-0.140.150.660.230.440.210.230.63
0.59-0.060.120.530.250.580.850.630.280.520.49-0.140.61-0.10.170.730.52-0.020.510.850.590.830.460.030.62
0.840.070.560.960.910.940.70.070.090.210.57-0.620.890.640.880.130.520.680.910.150.950.90.83-0.6-0.12
0.3-0.310.230.680.850.620.06-0.48-0.27-0.180.05-0.530.560.860.85-0.14-0.020.680.43-0.450.550.410.49-0.79-0.59
0.90.250.670.860.810.850.790.310.150.430.75-0.580.810.530.770.150.510.910.430.240.950.830.93-0.390.13
0.340.02-0.030.16-0.150.220.70.840.340.390.340.110.3-0.45-0.240.660.850.15-0.450.240.250.550.160.420.74
0.850.150.560.940.870.930.770.240.130.350.67-0.60.880.560.850.230.590.950.550.950.250.90.9-0.530.09
0.820.030.410.890.710.90.870.370.20.390.59-0.480.90.360.640.440.830.90.410.830.550.90.76-0.320.2
0.780.150.580.840.830.850.720.260.040.590.69-0.590.80.640.740.210.460.830.490.930.160.90.76-0.270.12
-0.30.09-0.25-0.54-0.66-0.45-0.020.440.10.42-0.090.4-0.4-0.56-0.80.230.03-0.6-0.79-0.390.42-0.53-0.32-0.270.45
0.20.05-0.04-0.15-0.33-0.060.520.830.230.590.380.23-0.03-0.51-0.360.630.62-0.12-0.590.130.740.090.20.120.45
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Tengda Construction Account Relationship Matchups

Tengda Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B10.9B11.6B11.3B11.1B5.9B
Other Current Liab2.5B3.0B2.5B1.8B238.5M226.6M
Total Current Liabilities4.8B5.2B5.1B4.9B5.0B2.8B
Total Stockholder Equity4.7B5.3B6.0B6.1B6.2B6.5B
Accounts Payable1.6B1.9B2.5B3.0B3.0B3.2B
Cash2.0B1.9B3.1B2.4B2.6B2.7B
Other Assets1.2B896.1M1.0B859.9M988.9M534.1M
Net Receivables1.5B314.6M344.8M451.8M350.6M333.1M
Inventory3.1B3.5B2.8B1.9B2.2B1.8B
Other Current Assets113.2M151.6M193.5M72.8M109.1M88.0M
Total Liab5.7B5.8B5.6B5.3B5.0B3.4B
Intangible Assets226.4M189.1M151.2M112.8M136.5M129.7M
Property Plant Equipment280.0M299.3M487.2M608.4M699.7M734.7M
Retained Earnings825.5M1.4B2.1B2.1B1.9B2.0B
Other Liab500M597.8M505.5M397.4M457.0M485.2M
Net Tangible Assets4.5B5.1B5.9B6.0B6.9B5.0B
Other Stockholder Equity8.5M59.4M113.3M159.1M182.9M192.1M
Short Long Term Debt650M545.7M150.2M4M3.6M3.4M
Total Current Assets7.2B8.1B8.4B8.1B8.0B8.1B
Non Current Assets Total3.0B2.8B3.1B3.2B3.2B3.2B
Non Currrent Assets Other3.6B3.0B76.2M8.0M7.2M6.8M
Non Current Liabilities Total802.5M597.8M507.8M398.6M2.5M2.3M
Short Term Investments418.3M1.1B612.5M1.5B539.7M697.9M
Deferred Long Term Liab689.9K4.6M3.3M4.6M5.3M2.8M
Net Invested Capital5.5B5.4B6.0B6.1B6.2B6.5B
Net Working Capital2.4B2.9B3.3B3.3B3.0B2.6B

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Other Information on Investing in Tengda Stock

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