Jiangsu Short Long Term Debt vs Intangible Assets Analysis

600522 Stock   14.75  0.36  2.38%   
Jiangsu Zhongtian financial indicator trend analysis is infinitely more than just investigating Jiangsu Zhongtian recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Zhongtian is a good investment. Please check the relationship between Jiangsu Zhongtian Short Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Zhongtian Technology. 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.

Short Long Term Debt vs Intangible Assets

Short Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Zhongtian Short Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Zhongtian's Short Long Term Debt and Intangible Assets is 0.83. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Jiangsu Zhongtian Technology, assuming nothing else is changed. The correlation between historical values of Jiangsu Zhongtian's Short Long Term Debt and Intangible 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 Short Long Term Debt of Jiangsu Zhongtian Technology are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt i.e., Jiangsu Zhongtian's Short Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Jiangsu Zhongtian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Zhongtian 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 Jiangsu Zhongtian Technology. 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 1.5 B, whereas Tax Provision is forecasted to decline to about 363.1 M.
 2021 2022 2023 2024 (projected)
Operating Income4.5B4.1B3.6B3.8B
Total Revenue46.2B40.3B45.1B47.3B

Jiangsu Zhongtian fundamental ratios Correlations

0.380.990.990.990.980.990.980.780.610.980.960.950.980.980.540.820.120.470.92-0.670.480.90.850.950.88
0.380.450.280.310.470.310.270.630.870.540.480.320.390.390.750.240.240.60.390.150.560.30.150.480.47
0.990.450.970.980.990.970.960.80.670.990.960.940.980.980.570.810.140.50.91-0.610.520.90.840.950.89
0.990.280.970.990.960.990.990.740.510.940.940.950.970.970.450.820.070.380.92-0.730.410.890.880.920.85
0.990.310.980.990.961.00.990.720.550.960.930.930.960.960.490.830.060.420.92-0.720.420.880.850.940.84
0.980.470.990.960.960.960.940.840.70.990.980.950.990.980.660.760.240.60.9-0.540.610.910.810.940.91
0.990.310.970.991.00.960.980.720.530.950.920.920.960.960.490.820.040.410.93-0.750.390.870.860.950.83
0.980.270.960.990.990.940.980.690.490.930.920.950.960.960.410.830.010.330.89-0.730.370.890.870.90.83
0.780.630.80.740.720.840.720.690.80.840.890.790.840.80.770.520.50.70.81-0.250.620.780.690.820.91
0.610.870.670.510.550.70.530.490.80.740.690.550.610.610.80.380.290.70.580.050.720.540.340.680.67
0.980.540.990.940.960.990.950.930.840.740.970.920.970.970.680.770.220.610.9-0.540.60.880.780.950.9
0.960.480.960.940.930.980.920.920.890.690.970.950.980.970.630.690.320.60.89-0.520.590.90.830.910.93
0.950.320.940.950.930.950.920.950.790.550.920.950.970.970.480.740.180.430.87-0.560.550.960.880.870.91
0.980.390.980.970.960.990.960.960.840.610.970.980.970.980.580.790.280.550.9-0.60.560.920.850.920.92
0.980.390.980.970.960.980.960.960.80.610.970.970.970.980.560.730.140.50.89-0.590.530.930.850.920.9
0.540.750.570.450.490.660.490.410.770.80.680.630.480.580.560.280.540.920.510.030.770.490.230.60.6
0.820.240.810.820.830.760.820.830.520.380.770.690.740.790.730.28-0.040.190.8-0.710.230.680.730.790.65
0.120.240.140.070.060.240.040.010.50.290.220.320.180.280.140.54-0.040.740.10.270.590.210.070.10.37
0.470.60.50.380.420.60.410.330.70.70.610.60.430.550.50.920.190.740.360.120.830.410.150.460.53
0.920.390.910.920.920.90.930.890.810.580.90.890.870.90.890.510.80.10.36-0.70.320.880.90.980.91
-0.670.15-0.61-0.73-0.72-0.54-0.75-0.73-0.250.05-0.54-0.52-0.56-0.6-0.590.03-0.710.270.12-0.70.26-0.5-0.75-0.66-0.44
0.480.560.520.410.420.610.390.370.620.720.60.590.550.560.530.770.230.590.830.320.260.520.170.40.55
0.90.30.90.890.880.910.870.890.780.540.880.90.960.920.930.490.680.210.410.88-0.50.520.880.870.95
0.850.150.840.880.850.810.860.870.690.340.780.830.880.850.850.230.730.070.150.9-0.750.170.880.850.88
0.950.480.950.920.940.940.950.90.820.680.950.910.870.920.920.60.790.10.460.98-0.660.40.870.850.9
0.880.470.890.850.840.910.830.830.910.670.90.930.910.920.90.60.650.370.530.91-0.440.550.950.880.9
Click cells to compare fundamentals

Jiangsu Zhongtian Account Relationship Matchups

Jiangsu Zhongtian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2B47.1B45.6B48.7B54.7B57.5B
Other Current Liab2.2B5.1B3.1B465.8M288.4M274.0M
Total Current Liabilities12.9B18.0B15.0B16.3B17.7B18.5B
Total Stockholder Equity21.2B23.5B26.9B30.0B33.2B34.8B
Retained Earnings10.3B12.4B12.3B13.9B16.5B17.3B
Accounts Payable9.0B10.2B8.2B8.3B9.9B10.4B
Cash10.0B11.1B12.4B13.7B15.5B16.3B
Net Receivables7.6B9.4B11.2B10.7B13.6B14.2B
Inventory7.1B6.4B5.6B5.4B5.1B2.6B
Other Current Assets2.5B4.9B1.6B1.8B1.3B848.8M
Total Liab18.7B22.9B17.9B17.4B20.1B21.1B
Intangible Assets1.0B1.1B1.0B1.0B1.0B1.1B
Property Plant Equipment8.9B9.6B9.5B9.5B10.9B11.5B
Other Liab597.4M815.0M889.0M884.0M1.0B1.1B
Long Term Debt5.1B3.9B1.9B133.8M1.4B980.6M
Other Assets838.4M588.0M1.0B1.1B1.3B1.4B
Good Will33.4M22.4M8.4M5.6M6.4M12.5M
Net Tangible Assets18.3B20.3B22.4B25.9B29.8B19.7B
Other Stockholder Equity610.1M665.4M831.3M21.3M19.1M18.2M
Deferred Long Term Liab17.3M23.9M23.7M7.7M8.9M17.5M
Short Long Term Debt1.3B1.2B3.5B3.7B3.4B2.3B
Total Current Assets27.7B33.7B32.3B33.7B37.4B27.8B
Non Current Assets Total12.6B13.4B13.6B14.9B17.3B13.6B
Non Currrent Assets Other192.3M290.6M217.9M160.1M683.9M347.2M
Non Current Liabilities Total5.8B4.9B2.9B1.1B2.4B2.8B
Non Current Liabilities Other555.3M25M40M15M13.5M12.8M
Net Invested Capital27.5B28.6B32.3B33.8B38.0B31.8B
Net Working Capital14.7B15.7B17.0B17.5B19.7B16.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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