Yangmei Other Current Assets vs Long Term Debt Analysis

600691 Stock   2.16  0.03  1.41%   
Yangmei Chemical financial indicator trend analysis is more than just analyzing Yangmei Chemical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yangmei Chemical is a good investment. Please check the relationship between Yangmei Chemical Other Current Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yangmei Chemical 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 nation.

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yangmei Chemical Other Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yangmei Chemical's Other Current Assets and Long Term Debt is 0.85. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Yangmei Chemical Co, assuming nothing else is changed. The correlation between historical values of Yangmei Chemical's Other Current Assets 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 Other Current Assets of Yangmei Chemical Co 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 Other Current Assets i.e., Yangmei Chemical's Other Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt

Long-term debt is a debt that Yangmei Chemical has held for over one year. Long-term debt appears on Yangmei Chemical Co 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 Yangmei Chemical Co 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 Yangmei Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yangmei Chemical 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 Yangmei Chemical 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 nation.
As of February 25, 2025, Selling General Administrative is expected to decline to about 120.7 M. In addition to that, Tax Provision is expected to decline to about 7.9 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue15.6B12.9B14.8B9.3B
Total Revenue17.0B13.6B15.7B10.5B

Yangmei Chemical fundamental ratios Correlations

0.70.980.460.650.920.640.80.860.680.660.990.870.530.980.60.580.11-0.05-0.160.020.48-0.290.530.560.36
0.70.670.460.560.60.270.580.760.290.640.650.460.220.670.350.320.36-0.120.210.080.37-0.130.210.530.16
0.980.670.420.570.920.720.850.790.690.550.980.880.560.940.490.560.060.01-0.27-0.010.5-0.40.660.680.48
0.460.460.420.220.190.450.450.250.480.030.390.290.580.34-0.060.360.00.52-0.23-0.57-0.21-0.520.360.130.51
0.650.560.570.220.570.130.570.820.450.650.620.270.120.720.5-0.110.21-0.360.190.310.470.180.070.28-0.14
0.920.60.920.190.570.50.810.850.520.740.950.890.320.950.710.520.14-0.32-0.060.310.69-0.090.460.590.19
0.640.270.720.450.130.50.620.270.86-0.060.630.610.870.53-0.090.62-0.50.55-0.74-0.5-0.07-0.830.90.510.84
0.80.580.850.450.570.810.620.670.60.470.820.660.40.810.40.34-0.03-0.12-0.20.110.58-0.310.630.690.36
0.860.760.790.250.820.850.270.670.470.890.850.650.230.90.690.380.23-0.380.150.370.520.120.130.37-0.05
0.680.290.690.480.450.520.860.60.470.120.650.510.810.610.020.49-0.480.42-0.58-0.36-0.07-0.610.680.320.62
0.660.640.550.030.650.74-0.060.470.890.120.670.56-0.110.740.850.320.42-0.620.460.630.60.46-0.210.26-0.4
0.990.650.980.390.620.950.630.820.850.650.670.910.490.980.640.580.1-0.11-0.160.080.53-0.260.540.590.33
0.870.460.880.290.270.890.610.660.650.510.560.910.470.850.650.750.05-0.06-0.20.030.45-0.270.520.50.34
0.530.220.560.580.120.320.870.40.230.81-0.110.490.470.39-0.180.64-0.560.7-0.76-0.69-0.37-0.820.710.120.82
0.980.670.940.340.720.950.530.810.90.610.740.980.850.390.710.480.15-0.23-0.040.180.6-0.120.440.550.19
0.60.350.49-0.060.50.71-0.090.40.690.020.850.640.65-0.180.710.270.44-0.680.490.580.70.51-0.160.22-0.45
0.580.320.560.36-0.110.520.620.340.380.490.320.580.750.640.480.27-0.270.3-0.38-0.27-0.11-0.40.380.120.42
0.110.360.060.00.210.14-0.5-0.030.23-0.480.420.10.05-0.560.150.44-0.27-0.470.650.390.510.44-0.380.27-0.39
-0.05-0.120.010.52-0.36-0.320.55-0.12-0.380.42-0.62-0.11-0.060.7-0.23-0.680.3-0.47-0.69-0.92-0.74-0.840.44-0.10.78
-0.160.21-0.27-0.230.19-0.06-0.74-0.20.15-0.580.46-0.16-0.2-0.76-0.040.49-0.380.65-0.690.620.410.79-0.69-0.03-0.8
0.020.08-0.01-0.570.310.31-0.50.110.37-0.360.630.080.03-0.690.180.58-0.270.39-0.920.620.650.81-0.480.14-0.74
0.480.370.5-0.210.470.69-0.070.580.52-0.070.60.530.45-0.370.60.7-0.110.51-0.740.410.650.350.140.6-0.25
-0.29-0.13-0.4-0.520.18-0.09-0.83-0.310.12-0.610.46-0.26-0.27-0.82-0.120.51-0.40.44-0.840.790.810.35-0.83-0.33-0.98
0.530.210.660.360.070.460.90.630.130.68-0.210.540.520.710.44-0.160.38-0.380.44-0.69-0.480.14-0.830.610.86
0.560.530.680.130.280.590.510.690.370.320.260.590.50.120.550.220.120.27-0.1-0.030.140.6-0.330.610.37
0.360.160.480.51-0.140.190.840.36-0.050.62-0.40.330.340.820.19-0.450.42-0.390.78-0.8-0.74-0.25-0.980.860.37
Click cells to compare fundamentals

Yangmei Chemical Account Relationship Matchups

Yangmei Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.2B24.4B24.7B22.5B25.9B17.7B
Other Current Liab3.4B2.5B2.5B615.4M707.7M672.3M
Total Current Liabilities16.8B16.1B16.7B16.1B18.5B11.9B
Total Stockholder Equity5.5B6.0B6.0B4.6B5.3B3.4B
Other Liab347.9M171.2M158.4M144.2M165.9M162.9M
Accounts Payable3.1B2.9B2.6B2.9B3.3B3.0B
Cash4.9B5.9B7.6B7.2B8.3B8.7B
Other Assets532.3M531.5M323.5M285.5M328.3M354.8M
Net Receivables1.4B1.3B986.4M861.5M990.8M1.0B
Inventory1.0B1.8B2.3B2.2B2.5B2.6B
Other Current Assets908.6M874.1M161.5M98.5M113.3M107.6M
Total Liab17.9B17.6B18.0B18.0B20.7B14.3B
Intangible Assets783.7M880.5M831.0M911.8M1.0B682.0M
Property Plant Equipment25.5B25.1B11.7B11.1B12.8B10.1B
Long Term Debt524.7M518.1M646.7M500.1M450.1M427.6M
Net Tangible Assets3.6B4.8B5.1B5.2B6.0B4.1B
Retained Earnings(1.2B)(785.3M)(782.4M)(2.1B)(1.9B)(1.8B)
Other Stockholder Equity9.5M13.6M7.2M9.9M8.9M16.0M
Deferred Long Term Liab242.2M216.5M111.2M81.3M73.1M69.5M
Short Long Term Debt8.5B8.7B10.8B9.8B11.3B12.3B
Total Current Assets11.4B12.2B13.1B12.0B10.8B10.5B
Non Current Assets Total12.8B12.3B11.6B10.5B9.5B15.6B
Non Currrent Assets Other53.6M64.0M90.2M75.4M67.9M86.4M
Non Current Liabilities Total1.1B1.5B1.3B1.9B1.7B2.7B
Non Current Liabilities Other5.3B3.3B1.4M398.0M358.2M340.3M
Net Debt4.2B3.3B3.8B3.1B2.8B2.6B
Net Invested Capital14.6B15.2B17.4B15.0B13.5B15.9B
Net Working Capital(5.4B)(4.0B)(3.6B)(4.1B)(4.7B)(5.0B)
Property Plant And Equipment Net11.7B11.1B10.0B8.8B7.9B10.7B
Property Plant And Equipment Gross18.0B18.3B10.0B17.7B15.9B16.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Yangmei Stock

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