China Long Term Debt vs Non Currrent Assets Other Analysis

600536 Stock

54.10 1.34 2.42%

China National financial indicator trend analysis is way more than just evaluating China National Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China National Software is a good investment. Please check the relationship between China National Long Term Debt and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China National Software. 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 Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China National Software Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between China National's Long Term Debt and Non Currrent Assets Other is -0.24. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of China National Software, assuming nothing else is changed. The correlation between historical values of China National's Long Term Debt and Non Currrent Assets Other 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 China National Software are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., China National's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that China National Software has held for over one year. Long-term debt appears on China National Software 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 China National Software 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from China National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China National Software 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 China National Software. 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 676.1 M, whereas Discontinued Operations is forecasted to decline to (743.4 K).

	2021	2022	2023	2024 (projected)
Other Operating Expenses	275.7M	358.1M	411.8M	432.4M
Gross Profit	3.1B	3.0B	2.5B	2.4B

Other Operating Expenses Gross Profit

China National fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Long Term Debt	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		0.27	0.98	0.75	0.75	0.95	0.76	0.81	0.87	0.8	0.1	0.99	0.66	0.84	0.86	0.09	-0.84	0.87	-0.45	0.83	0.83	0.84	0.74	0.86	0.74	-0.16
Other Current Liab	0.27		0.31	0.43	0.57	0.41	0.67	0.04	0.33	0.71	0.9	0.3	-0.19	-0.07	-0.02	0.4	-0.31	-0.02	-0.27	-0.03	0.31	-0.11	0.21	0.39	-0.25	-0.39
Total Current Liabilities	0.98	0.31		0.68	0.72	0.98	0.73	0.81	0.85	0.83	0.08	1.0	0.56	0.77	0.77	0.05	-0.78	0.84	-0.39	0.85	0.86	0.86	0.76	0.93	0.75	-0.13
Total Stockholder Equity	0.75	0.43	0.68		0.93	0.7	0.88	0.43	0.91	0.74	0.45	0.68	0.49	0.67	0.63	0.14	-0.86	0.55	-0.49	0.53	0.61	0.35	0.64	0.47	0.38	-0.2
Retained Earnings	0.75	0.57	0.72	0.93		0.78	0.88	0.44	0.89	0.85	0.5	0.71	0.34	0.58	0.5	0.09	-0.86	0.53	-0.51	0.52	0.73	0.33	0.74	0.56	0.32	-0.27
Accounts Payable	0.95	0.41	0.98	0.7	0.78		0.76	0.74	0.86	0.89	0.16	0.97	0.45	0.7	0.66	0.01	-0.77	0.79	-0.38	0.82	0.9	0.79	0.82	0.93	0.68	-0.2
Cash	0.76	0.67	0.73	0.88	0.88	0.76		0.44	0.82	0.88	0.62	0.72	0.33	0.53	0.55	0.3	-0.71	0.54	-0.47	0.46	0.7	0.37	0.54	0.65	0.35	-0.15
Other Assets	0.81	0.04	0.81	0.43	0.44	0.74	0.44		0.59	0.51	-0.17	0.83	0.55	0.68	0.78	0.31	-0.68	0.74	-0.24	0.79	0.64	0.83	0.61	0.72	0.72	-0.1
Net Receivables	0.87	0.33	0.85	0.91	0.89	0.86	0.82	0.59		0.82	0.22	0.84	0.5	0.72	0.66	0.01	-0.82	0.68	-0.48	0.75	0.81	0.59	0.78	0.71	0.65	-0.11
Inventory	0.8	0.71	0.83	0.74	0.85	0.89	0.88	0.51	0.82		0.52	0.83	0.19	0.44	0.49	0.22	-0.67	0.58	-0.37	0.57	0.85	0.52	0.66	0.84	0.46	-0.3
Other Current Assets	0.1	0.9	0.08	0.45	0.5	0.16	0.62	-0.17	0.22	0.52		0.07	-0.12	-0.1	-0.03	0.44	-0.26	-0.14	-0.33	-0.26	0.08	-0.33	-0.04	0.09	-0.42	-0.36
Total Liab	0.99	0.3	1.0	0.68	0.71	0.97	0.72	0.83	0.84	0.83	0.07		0.57	0.77	0.8	0.08	-0.78	0.86	-0.38	0.86	0.87	0.88	0.76	0.92	0.77	-0.16
Intangible Assets	0.66	-0.19	0.56	0.49	0.34	0.45	0.33	0.55	0.5	0.19	-0.12	0.57		0.92	0.84	-0.12	-0.65	0.76	-0.55	0.59	0.28	0.62	0.37	0.3	0.52	-0.14
Common Stock	0.84	-0.07	0.77	0.67	0.58	0.7	0.53	0.68	0.72	0.44	-0.1	0.77	0.92		0.86	-0.12	-0.8	0.88	-0.5	0.76	0.55	0.74	0.63	0.51	0.65	-0.15
Property Plant Equipment	0.86	-0.02	0.77	0.63	0.5	0.66	0.55	0.78	0.66	0.49	-0.03	0.8	0.84	0.86		0.22	-0.76	0.84	-0.39	0.69	0.54	0.79	0.46	0.56	0.71	-0.13
Other Liab	0.09	0.4	0.05	0.14	0.09	0.01	0.3	0.31	0.01	0.22	0.44	0.08	-0.12	-0.12	0.22		-0.08	-0.1	0.04	-0.19	-0.06	-0.06	-0.25	0.07	-0.08	-0.1
Short Term Investments	-0.84	-0.31	-0.78	-0.86	-0.86	-0.77	-0.71	-0.68	-0.82	-0.67	-0.26	-0.78	-0.65	-0.8	-0.76	-0.08		-0.7	0.48	-0.67	-0.65	-0.54	-0.74	-0.54	-0.45	0.32
Long Term Debt	0.87	-0.02	0.84	0.55	0.53	0.79	0.54	0.74	0.68	0.58	-0.14	0.86	0.76	0.88	0.84	-0.1	-0.7		-0.38	0.85	0.76	0.9	0.7	0.71	0.81	-0.24
Good Will	-0.45	-0.27	-0.39	-0.49	-0.51	-0.38	-0.47	-0.24	-0.48	-0.37	-0.33	-0.38	-0.55	-0.5	-0.39	0.04	0.48	-0.38		-0.21	-0.35	-0.16	-0.23	-0.25	-0.12	0.03
Net Tangible Assets	0.83	-0.03	0.85	0.53	0.52	0.82	0.46	0.79	0.75	0.57	-0.26	0.86	0.59	0.76	0.69	-0.19	-0.67	0.85	-0.21		0.78	0.89	0.87	0.76	0.88	-0.22
Other Stockholder Equity	0.83	0.31	0.86	0.61	0.73	0.9	0.7	0.64	0.81	0.85	0.08	0.87	0.28	0.55	0.54	-0.06	-0.65	0.76	-0.35	0.78		0.72	0.78	0.88	0.74	-0.08
Deferred Long Term Liab	0.84	-0.11	0.86	0.35	0.33	0.79	0.37	0.83	0.59	0.52	-0.33	0.88	0.62	0.74	0.79	-0.06	-0.54	0.9	-0.16	0.89	0.72		0.64	0.82	0.9	-0.11
Long Term Investments	0.74	0.21	0.76	0.64	0.74	0.82	0.54	0.61	0.78	0.66	-0.04	0.76	0.37	0.63	0.46	-0.25	-0.74	0.7	-0.23	0.87	0.78	0.64		0.66	0.61	-0.41
Total Current Assets	0.86	0.39	0.93	0.47	0.56	0.93	0.65	0.72	0.71	0.84	0.09	0.92	0.3	0.51	0.56	0.07	-0.54	0.71	-0.25	0.76	0.88	0.82	0.66		0.71	-0.08
Non Current Assets Total	0.74	-0.25	0.75	0.38	0.32	0.68	0.35	0.72	0.65	0.46	-0.42	0.77	0.52	0.65	0.71	-0.08	-0.45	0.81	-0.12	0.88	0.74	0.9	0.61	0.71		0.06
Non Currrent Assets Other	-0.16	-0.39	-0.13	-0.2	-0.27	-0.2	-0.15	-0.1	-0.11	-0.3	-0.36	-0.16	-0.14	-0.15	-0.13	-0.1	0.32	-0.24	0.03	-0.22	-0.08	-0.11	-0.41	-0.08	0.06

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China National Account Relationship Matchups

China National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	8.7B	10.9B	10.3B	9.3B	9.7B
Other Current Liab	777.0M	1.3B	1.6B	20.6M	22.0M	20.9M
Total Current Liabilities	3.5B	5.4B	6.4B	5.9B	5.0B	5.2B
Total Stockholder Equity	2.3B	2.3B	2.4B	2.5B	2.3B	1.5B
Retained Earnings	803.0M	824.5M	879.3M	828.6M	573.4M	424.8M
Accounts Payable	2.3B	3.5B	4.1B	3.5B	2.6B	2.7B
Cash	2.6B	2.5B	3.3B	2.4B	1.9B	1.4B
Other Assets	117.4M	150.5M	183.5M	229.4M	263.8M	276.9M
Net Receivables	1.6B	2.1B	2.1B	2.5B	2.1B	1.1B
Inventory	1.1B	1.7B	2.6B	1.6B	976.6M	719.3M
Other Current Assets	234.0M	294.3M	387.5M	32.4M	49.8M	47.3M
Total Liab	4.0B	5.8B	7.6B	6.7B	5.8B	6.1B
Intangible Assets	197.5M	182.5M	191.8M	243.3M	443.9M	466.1M
Property Plant Equipment	500.5M	484.2M	483.8M	811.3M	933.0M	979.6M
Other Liab	99.5M	175.4M	353.3M	128.4M	147.7M	153.0M
Long Term Debt	402.6M	210M	675M	630M	676M	709.8M
Net Tangible Assets	2.1B	2.1B	2.3B	2.3B	2.7B	2.2B
Other Stockholder Equity	(35.8M)	(33.2M)	(34.3M)	(29.5M)	(33.9M)	(35.6M)
Deferred Long Term Liab	9.9M	17.0M	29.8M	65.5M	75.3M	79.1M
Total Current Assets	5.5B	7.4B	8.7B	7.4B	6.3B	6.5B
Non Current Assets Total	1.3B	1.3B	2.2B	2.9B	2.9B	2.0B
Non Currrent Assets Other	7.5M	7.2M	8.5K	13.8M	4.6M	5.9M
Non Current Liabilities Total	489.5M	385.4M	1.2B	855.5M	844.6M	709.6M
Short Long Term Debt	249.9M	308.1M	302.8M	415.9M	557.8M	377.1M
Non Current Liabilities Other	390M	15.5M	42.1M	29.5M	30.1M	28.6M
Net Invested Capital	2.9B	2.8B	3.4B	3.5B	3.5B	3.4B
Net Working Capital	2.0B	1.9B	2.4B	1.5B	1.3B	1.5B

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

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China Long Term Debt vs Non Currrent Assets Other Analysis

Long Term Debt vs Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Long Term Debt

Non Currrent Assets Other

China National fundamental ratios Correlations

China National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China National fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.95	Total Assets

Short Term Investments	- 0.86	Retained Earnings
Short Term Investments	- 0.86	Total Stockholder Equity
Short Term Investments	- 0.84	Total Assets
Short Term Investments	- 0.82	Net Receivables
Short Term Investments	- 0.8	Common Stock
Short Term Investments	- 0.78	Total Liab