Tsingtao Deferred Long Term Liab vs Other Stockholder Equity Analysis

600600 Stock   72.98  2.70  3.84%   
Tsingtao Brewery financial indicator trend analysis is much more than just breaking down Tsingtao Brewery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsingtao Brewery is a good investment. Please check the relationship between Tsingtao Brewery Deferred Long Term Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tsingtao Brewery Co. 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.

Deferred Long Term Liab vs Other Stockholder Equity

Deferred Long Term Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tsingtao Brewery Deferred Long Term Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tsingtao Brewery's Deferred Long Term Liab and Other Stockholder Equity is -0.68. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Tsingtao Brewery Co, assuming nothing else is changed. The correlation between historical values of Tsingtao Brewery's Deferred Long Term Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Tsingtao Brewery Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Deferred Long Term Liab i.e., Tsingtao Brewery's Deferred Long Term Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Other Stockholder Equity

Most indicators from Tsingtao Brewery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsingtao Brewery 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 Tsingtao Brewery Co. 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.
The current year's Selling General Administrative is expected to grow to about 4.8 B, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Operating Income3.5B4.3B4.8B5.0B
Total Revenue30.2B32.2B33.9B22.1B

Tsingtao Brewery fundamental ratios Correlations

0.210.980.810.820.830.90.80.79-0.5-0.650.930.520.990.180.710.850.780.790.82-0.60.59-0.720.560.840.7
0.210.22-0.070.04-0.020.190.0-0.08-0.050.00.22-0.610.260.340.10.210.330.06-0.080.17-0.28-0.120.26-0.020.08
0.980.220.780.810.810.880.790.79-0.54-0.620.920.540.990.090.60.760.670.840.83-0.630.63-0.710.550.870.68
0.81-0.070.780.970.990.750.940.97-0.54-0.750.780.740.770.10.770.720.620.80.78-0.70.8-0.710.570.810.71
0.820.040.810.970.990.70.970.96-0.62-0.720.760.640.8-0.010.680.70.590.850.79-0.70.76-0.80.710.840.79
0.83-0.020.810.990.990.740.950.97-0.59-0.730.770.690.80.030.720.720.610.840.8-0.710.79-0.780.640.840.77
0.90.190.880.750.70.740.650.66-0.51-0.510.870.490.880.460.780.850.840.570.6-0.460.46-0.470.310.620.46
0.80.00.790.940.970.950.650.95-0.49-0.770.780.690.79-0.050.660.620.510.860.82-0.660.78-0.770.720.870.76
0.79-0.080.790.970.960.970.660.95-0.51-0.770.750.740.78-0.090.640.60.460.890.87-0.760.89-0.760.610.90.75
-0.5-0.05-0.54-0.54-0.62-0.59-0.51-0.49-0.51-0.03-0.29-0.29-0.470.15-0.23-0.53-0.36-0.45-0.360.38-0.30.57-0.47-0.41-0.57
-0.650.0-0.62-0.75-0.72-0.73-0.51-0.77-0.77-0.03-0.76-0.58-0.66-0.12-0.62-0.44-0.43-0.72-0.720.53-0.760.46-0.47-0.75-0.45
0.930.220.920.780.760.770.870.780.75-0.29-0.760.560.940.350.750.750.760.740.75-0.570.57-0.60.470.790.57
0.52-0.610.540.740.640.690.490.690.74-0.29-0.580.560.5-0.130.410.30.190.630.69-0.620.8-0.40.20.720.41
0.990.260.990.770.80.80.880.790.78-0.47-0.660.940.50.140.630.770.70.830.82-0.610.6-0.70.570.860.68
0.180.340.090.1-0.010.030.46-0.05-0.090.15-0.120.35-0.130.140.620.450.64-0.27-0.230.21-0.250.22-0.2-0.25-0.22
0.710.10.60.770.680.720.780.660.64-0.23-0.620.750.410.630.620.840.880.360.48-0.350.41-0.410.310.420.43
0.850.210.760.720.70.720.850.620.6-0.53-0.440.750.30.770.450.840.940.460.5-0.410.3-0.660.490.480.66
0.780.330.670.620.590.610.840.510.46-0.36-0.430.760.190.70.640.880.940.310.37-0.260.15-0.470.360.350.47
0.790.060.840.80.850.840.570.860.89-0.45-0.720.740.630.83-0.270.360.460.310.88-0.830.82-0.780.640.960.75
0.82-0.080.830.780.790.80.60.820.87-0.36-0.720.750.690.82-0.230.480.50.370.88-0.690.87-0.640.490.960.63
-0.60.17-0.63-0.7-0.7-0.71-0.46-0.66-0.760.380.53-0.57-0.62-0.610.21-0.35-0.41-0.26-0.83-0.69-0.680.66-0.33-0.74-0.66
0.59-0.280.630.80.760.790.460.780.89-0.3-0.760.570.80.6-0.250.410.30.150.820.87-0.68-0.50.40.860.5
-0.72-0.12-0.71-0.71-0.8-0.78-0.47-0.77-0.760.570.46-0.6-0.4-0.70.22-0.41-0.66-0.47-0.78-0.640.66-0.5-0.83-0.73-1.0
0.560.260.550.570.710.640.310.720.61-0.47-0.470.470.20.57-0.20.310.490.360.640.49-0.330.4-0.830.580.81
0.84-0.020.870.810.840.840.620.870.9-0.41-0.750.790.720.86-0.250.420.480.350.960.96-0.740.86-0.730.580.7
0.70.080.680.710.790.770.460.760.75-0.57-0.450.570.410.68-0.220.430.660.470.750.63-0.660.5-1.00.810.7
Click cells to compare fundamentals

Tsingtao Brewery Account Relationship Matchups

Tsingtao Brewery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.3B41.5B46.6B50.3B49.3B26.0B
Other Current Liab8.1B9.3B11.5B478.8M359.5M341.5M
Total Current Liabilities13.4B15.5B18.3B19.7B16.9B9.6B
Total Stockholder Equity19.2B20.6B23.0B25.5B27.4B28.8B
Other Liab3.3B4.0B4.5B4.4B5.1B5.3B
Retained Earnings14.4B15.9B18.0B18.5B20.3B21.4B
Accounts Payable2.3B2.6B3.2B3.7B3.1B2.1B
Cash15.3B18.5B14.6B17.9B19.3B20.2B
Other Assets1.4B1.6B1.9B2.4B2.7B2.9B
Net Receivables267.0M119.5M124.7M119.6M100.4M95.4M
Inventory3.2B3.3B3.5B4.2B3.5B2.5B
Other Current Assets712.7M725.0M683.1M6.2B4.4B4.6B
Total Liab17.4B20.1B22.8B24.0B21.0B12.0B
Intangible Assets2.6B2.5B2.5B2.6B2.5B2.0B
Property Plant Equipment10.7B10.5B10.8B11.1B12.7B8.7B
Short Term Investments1.5B1.9B2.8B2.7B1.9B2.0B
Net Tangible Assets14.1B15.3B16.8B19.2B22.1B16.2B
Other Stockholder Equity(44.7M)(47.3M)(19.9M)(59.6M)(53.7M)(56.4M)
Deferred Long Term Liab33.1M35.3M86.3M127.0M146.1M153.4M
Short Long Term Debt270.9M703.3M245.8M225.4M259.2M320.0M
Total Current Assets21.0B24.6B29.0B32.0B29.6B23.5B
Non Current Assets Total16.3B16.9B17.6B18.3B19.6B19.2B
Non Currrent Assets Other72.9M57.7M86.9M74.2M108.7M78.1M
Non Current Liabilities Total4.0B4.6B4.5B4.4B4.1B4.2B
Non Current Liabilities Other37.7M462.0M24.5M16.3M16.2M15.4M
Net Invested Capital19.4B21.3B23.2B25.7B27.4B24.0B
Net Working Capital7.6B9.1B10.7B12.3B12.7B9.7B

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Other Information on Investing in Tsingtao Stock

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