Hubei Other Current Liab vs Total Assets Analysis

600566 Stock   30.10  0.26  0.87%   
Hubei Jumpcan financial indicator trend analysis is much more than just examining Hubei Jumpcan Pharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Jumpcan Pharma is a good investment. Please check the relationship between Hubei Jumpcan Other Current Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Jumpcan Pharmaceutical. 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.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Jumpcan Pharma Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hubei Jumpcan's Other Current Liab and Total Assets is 0.25. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hubei Jumpcan Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Hubei Jumpcan's Other Current Liab and Total 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 Other Current Liab of Hubei Jumpcan Pharmaceutical are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Hubei Jumpcan's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Total Assets

Total assets refers to the total amount of Hubei Jumpcan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hubei Jumpcan Pharma books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Hubei Jumpcan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Jumpcan Pharma 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 Hubei Jumpcan Pharmaceutical. 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 4.1 B, whereas Tax Provision is forecasted to decline to about 298.4 M.
 2021 2022 2023 2024 (projected)
Operating Income1.7B2.3B2.9B3.0B
Total Revenue7.6B9.0B9.7B10.1B

Hubei Jumpcan fundamental ratios Correlations

0.250.991.00.981.00.930.970.540.940.960.070.990.830.570.90.92-0.160.890.70.470.780.970.89-0.290.33
0.250.120.250.370.18-0.110.020.420.490.260.410.240.590.630.560.01-0.10.34-0.460.510.510.060.52-0.080.61
0.990.120.990.940.990.970.990.540.90.950.020.980.760.530.840.94-0.20.860.770.380.720.980.82-0.290.22
1.00.250.990.981.00.930.970.530.940.960.060.990.820.570.890.93-0.160.90.690.480.790.980.89-0.310.31
0.980.370.940.980.970.840.930.50.930.950.130.970.840.580.930.86-0.120.90.590.60.860.930.95-0.330.41
1.00.180.991.00.970.950.980.490.920.960.050.990.80.520.870.93-0.160.890.730.420.770.990.87-0.330.28
0.93-0.110.970.930.840.950.980.430.790.88-0.080.920.620.380.70.95-0.190.780.870.230.590.970.69-0.30.08
0.970.020.990.970.930.980.980.420.840.92-0.040.960.70.420.790.95-0.120.850.820.390.720.990.81-0.320.18
0.540.420.540.530.50.490.430.420.690.480.060.560.660.860.670.36-0.620.370.270.290.320.40.390.040.29
0.940.490.90.940.930.920.790.840.690.920.250.950.940.740.970.78-0.320.830.510.450.760.850.88-0.270.49
0.960.260.950.960.950.960.880.920.480.920.180.970.830.540.90.84-0.120.840.660.40.760.920.88-0.310.38
0.070.410.020.060.130.05-0.08-0.040.060.250.180.10.340.210.29-0.12-0.270.08-0.18-0.020.09-0.020.26-0.270.43
0.990.240.980.990.970.990.920.960.560.950.970.10.830.580.910.9-0.170.870.710.450.760.960.89-0.240.4
0.830.590.760.820.840.80.620.70.660.940.830.340.830.730.940.57-0.280.720.360.480.730.70.83-0.270.58
0.570.630.530.570.580.520.380.420.860.740.540.210.580.730.740.37-0.480.620.220.380.620.420.56-0.080.36
0.90.560.840.890.930.870.70.790.670.970.90.290.910.940.740.68-0.250.80.450.60.810.790.93-0.20.63
0.920.010.940.930.860.930.950.950.360.780.84-0.120.90.570.370.68-0.050.850.730.340.650.970.72-0.270.05
-0.16-0.1-0.2-0.16-0.12-0.16-0.19-0.12-0.62-0.32-0.12-0.27-0.17-0.28-0.48-0.25-0.05-0.06-0.160.21-0.02-0.11-0.020.370.03
0.890.340.860.90.90.890.780.850.370.830.840.080.870.720.620.80.85-0.060.580.460.920.870.87-0.330.25
0.7-0.460.770.690.590.730.870.820.270.510.66-0.180.710.360.220.450.73-0.160.580.060.40.780.43-0.14-0.05
0.470.510.380.480.60.420.230.390.290.450.4-0.020.450.480.380.60.340.210.460.060.580.390.630.10.5
0.780.510.720.790.860.770.590.720.320.760.760.090.760.730.620.810.65-0.020.920.40.580.730.91-0.390.4
0.970.060.980.980.930.990.970.990.40.850.92-0.020.960.70.420.790.97-0.110.870.780.390.730.82-0.320.19
0.890.520.820.890.950.870.690.810.390.880.880.260.890.830.560.930.72-0.020.870.430.630.910.82-0.290.59
-0.29-0.08-0.29-0.31-0.33-0.33-0.3-0.320.04-0.27-0.31-0.27-0.24-0.27-0.08-0.2-0.270.37-0.33-0.140.1-0.39-0.32-0.290.17
0.330.610.220.310.410.280.080.180.290.490.380.430.40.580.360.630.050.030.25-0.050.50.40.190.590.17
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Hubei Jumpcan Account Relationship Matchups

Hubei Jumpcan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7B10.5B12.1B15.0B18.1B19.1B
Other Current Liab1.2B1.3B1.2B1.3B47.1M44.7M
Total Current Liabilities1.8B2.0B2.8B3.4B4.6B4.8B
Total Stockholder Equity6.1B7.8B9.1B11.3B13.3B14.0B
Other Liab144.2M183.1M198.4M201.2M231.4M242.9M
Retained Earnings3.8B4.1B5.4B7.0B8.8B9.3B
Accounts Payable436.1M452.5M705.4M1.3B2.1B2.2B
Cash2.3B3.0B3.8B4.8B7.7B8.1B
Net Receivables2.1B1.9B2.1B2.8B2.7B2.9B
Inventory338.5M278.4M375.6M391.5M490.1M514.6M
Other Current Assets33.0M38.1M58.3M54.2M6.9M6.5M
Total Liab2.6B2.8B3.0B3.6B4.8B5.0B
Intangible Assets335.8M283.8M280.0M320.6M315.7M331.5M
Common Stock400.2M436.3M436.3M452.7M520.7M262.8M
Property Plant Equipment3.0B3.1B3.0B2.9B3.3B3.4B
Short Term Investments190M1.3B1.7B3.0B3.2B3.3B
Other Assets125.2M192.8M198.5M128.2M115.4M128.5M
Net Tangible Assets5.6B7.3B8.7B10.8B12.5B6.5B
Deferred Long Term Liab4.4M23.7M13.2M3.9M4.5M8.1M
Total Current Assets4.9B6.6B8.1B11.2B14.2B14.9B
Non Current Assets Total3.8B3.9B4.0B3.8B3.9B3.9B
Non Currrent Assets Other31.6M76.8M78.6M15.2M56.3M52.6M
Non Current Liabilities Total720.3M785.6M199.4M201.4M183.0M359.6M
Common Stock Shares Outstanding814.9M888.3M888.3M921.8M921.8M952.2M
Other Stockholder Equity101.6M100.9M100.9M100.8M90.7M86.2M
Net Invested Capital6.7B8.4B9.1B11.7B14.4B9.6B
Net Working Capital3.1B4.6B5.3B7.7B9.6B5.5B
Capital Stock400.2M436.3M436.3M452.7M452.7M472.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Hubei Stock

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