Chengtun Total Current Assets vs Non Current Liabilities Total Analysis

600711 Stock

4.74 0.02 0.42%

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

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengtun Mining Group Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.

The correlation between Chengtun Mining's Total Current Assets and Non Current Liabilities Total is 0.29. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Chengtun Mining Group, assuming nothing else is changed. The correlation between historical values of Chengtun Mining's Total Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Chengtun Mining Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Chengtun Mining's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Liabilities Total

Most indicators from Chengtun Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengtun Mining Group 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 Chengtun Mining Group. 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 305.3 M, whereas Tax Provision is forecasted to decline to about 8 M.

	2021	2022	2023	2024 (projected)
Operating Income	3.5B	1.8B	1.4B	1.5B
Total Revenue	45.2B	25.4B	24.5B	25.7B

Operating Income Total Revenue

Chengtun Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Short Term Investments	Long Term Debt	Other Liab	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		0.38	0.99	0.98	0.96	0.96	0.94	0.85	0.98	0.81	0.99	0.07	0.97	0.98	0.81	0.76	0.67	0.73	0.76	0.98	-0.71	0.88	0.79	0.92	0.92	0.63
Other Current Liab	0.38		0.43	0.51	0.54	0.17	0.46	0.5	0.44	0.74	0.3	0.79	0.44	0.27	0.75	0.68	-0.23	0.64	0.72	0.32	0.16	0.6	0.71	0.5	0.37	0.58
Total Current Liabilities	0.99	0.43		0.99	0.98	0.94	0.95	0.85	0.99	0.83	0.98	0.07	0.96	0.97	0.84	0.77	0.62	0.75	0.81	0.98	-0.69	0.91	0.83	0.94	0.92	0.67
Total Stockholder Equity	0.98	0.51	0.99		0.98	0.91	0.94	0.86	0.98	0.86	0.96	0.21	0.98	0.95	0.88	0.81	0.56	0.76	0.84	0.96	-0.64	0.92	0.85	0.94	0.91	0.66
Accounts Payable	0.96	0.54	0.98	0.98		0.87	0.96	0.82	0.97	0.85	0.93	0.15	0.93	0.93	0.88	0.8	0.5	0.75	0.9	0.96	-0.58	0.95	0.88	0.94	0.91	0.72
Cash	0.96	0.17	0.94	0.91	0.87		0.88	0.77	0.93	0.67	0.97	-0.12	0.91	0.96	0.67	0.59	0.75	0.61	0.61	0.95	-0.86	0.77	0.66	0.86	0.87	0.6
Other Assets	0.94	0.46	0.95	0.94	0.96	0.88		0.74	0.92	0.77	0.93	0.08	0.89	0.93	0.79	0.8	0.5	0.69	0.79	0.94	-0.6	0.89	0.77	0.91	0.9	0.79
Net Receivables	0.85	0.5	0.85	0.86	0.82	0.77	0.74		0.85	0.87	0.84	0.29	0.89	0.74	0.82	0.65	0.63	0.84	0.72	0.76	-0.43	0.75	0.81	0.78	0.68	0.47
Inventory	0.98	0.44	0.99	0.98	0.97	0.93	0.92	0.85		0.79	0.96	0.07	0.93	0.96	0.87	0.77	0.58	0.73	0.83	0.98	-0.7	0.91	0.85	0.95	0.91	0.64
Other Current Assets	0.81	0.74	0.83	0.86	0.85	0.67	0.77	0.87	0.79		0.78	0.49	0.87	0.7	0.85	0.71	0.45	0.88	0.82	0.72	-0.28	0.81	0.88	0.76	0.69	0.61
Total Liab	0.99	0.3	0.98	0.96	0.93	0.97	0.93	0.84	0.96	0.78		-0.01	0.96	0.97	0.76	0.71	0.74	0.71	0.7	0.97	-0.72	0.84	0.76	0.89	0.9	0.6
Intangible Assets	0.07	0.79	0.07	0.21	0.15	-0.12	0.08	0.29	0.07	0.49	-0.01		0.22	-0.05	0.44	0.39	-0.32	0.4	0.34	-0.05	0.34	0.22	0.36	0.14	0.03	0.19
Common Stock	0.97	0.44	0.96	0.98	0.93	0.91	0.89	0.89	0.93	0.87	0.96	0.22		0.92	0.81	0.73	0.67	0.75	0.76	0.92	-0.63	0.85	0.8	0.88	0.86	0.61
Property Plant Equipment	0.98	0.27	0.97	0.95	0.93	0.96	0.93	0.74	0.96	0.7	0.97	-0.05	0.92		0.75	0.75	0.63	0.63	0.71	0.99	-0.78	0.86	0.72	0.91	0.93	0.6
Retained Earnings	0.81	0.75	0.84	0.88	0.88	0.67	0.79	0.82	0.87	0.85	0.76	0.44	0.81	0.75		0.88	0.26	0.86	0.88	0.79	-0.38	0.93	0.95	0.93	0.84	0.63
Short Term Investments	0.76	0.68	0.77	0.81	0.8	0.59	0.8	0.65	0.77	0.71	0.71	0.39	0.73	0.75	0.88		0.14	0.69	0.74	0.75	-0.32	0.83	0.74	0.84	0.81	0.6
Long Term Debt	0.67	-0.23	0.62	0.56	0.5	0.75	0.5	0.63	0.58	0.45	0.74	-0.32	0.67	0.63	0.26	0.14		0.4	0.19	0.6	-0.6	0.34	0.35	0.44	0.49	0.11
Other Liab	0.73	0.64	0.75	0.76	0.75	0.61	0.69	0.84	0.73	0.88	0.71	0.4	0.75	0.63	0.86	0.69	0.4		0.71	0.65	-0.3	0.78	0.86	0.78	0.71	0.51
Good Will	0.76	0.72	0.81	0.84	0.9	0.61	0.79	0.72	0.83	0.82	0.7	0.34	0.76	0.71	0.88	0.74	0.19	0.71		0.77	-0.26	0.92	0.91	0.82	0.74	0.65
Net Tangible Assets	0.98	0.32	0.98	0.96	0.96	0.95	0.94	0.76	0.98	0.72	0.97	-0.05	0.92	0.99	0.79	0.75	0.6	0.65	0.77		-0.76	0.89	0.76	0.93	0.93	0.64
Other Stockholder Equity	-0.71	0.16	-0.69	-0.64	-0.58	-0.86	-0.6	-0.43	-0.7	-0.28	-0.72	0.34	-0.63	-0.78	-0.38	-0.32	-0.6	-0.3	-0.26	-0.76		-0.5	-0.33	-0.65	-0.69	-0.42
Deferred Long Term Liab	0.88	0.6	0.91	0.92	0.95	0.77	0.89	0.75	0.91	0.81	0.84	0.22	0.85	0.86	0.93	0.83	0.34	0.78	0.92	0.89	-0.5		0.93	0.97	0.94	0.72
Long Term Investments	0.79	0.71	0.83	0.85	0.88	0.66	0.77	0.81	0.85	0.88	0.76	0.36	0.8	0.72	0.95	0.74	0.35	0.86	0.91	0.76	-0.33	0.93		0.88	0.8	0.58
Total Current Assets	0.92	0.5	0.94	0.94	0.94	0.86	0.91	0.78	0.95	0.76	0.89	0.14	0.88	0.91	0.93	0.84	0.44	0.78	0.82	0.93	-0.65	0.97	0.88		0.97	0.69
Non Current Assets Total	0.92	0.37	0.92	0.91	0.91	0.87	0.9	0.68	0.91	0.69	0.9	0.03	0.86	0.93	0.84	0.81	0.49	0.71	0.74	0.93	-0.69	0.94	0.8	0.97		0.65
Non Currrent Assets Other	0.63	0.58	0.67	0.66	0.72	0.6	0.79	0.47	0.64	0.61	0.6	0.19	0.61	0.6	0.63	0.6	0.11	0.51	0.65	0.64	-0.42	0.72	0.58	0.69	0.65

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Chengtun Mining Account Relationship Matchups

Chengtun Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.0B	23.2B	27.3B	32.0B	37.7B	39.6B
Other Current Liab	2.6B	2.4B	2.2B	2.2B	180.7M	171.7M
Total Current Liabilities	9.2B	9.7B	11.3B	13.5B	15.6B	16.3B
Total Stockholder Equity	9.0B	10.7B	11.9B	14.0B	13.9B	14.6B
Accounts Payable	3.9B	4.0B	4.1B	4.6B	4.9B	5.2B
Cash	2.0B	1.4B	2.2B	3.9B	4.9B	5.1B
Other Assets	1.2B	1.2B	1.2B	1.3B	1.5B	1.6B
Net Receivables	1.3B	795.3M	1.7B	1.1B	1.5B	1.6B
Inventory	3.8B	3.5B	5.4B	6.5B	6.8B	7.1B
Other Current Assets	3.1B	3.5B	2.7B	2.9B	2.6B	2.7B
Total Liab	9.8B	12.0B	13.6B	15.2B	21.5B	22.6B
Intangible Assets	3.3B	3.8B	3.6B	3.6B	384.9M	365.7M
Common Stock	2.3B	2.6B	2.7B	3.1B	3.6B	3.8B
Property Plant Equipment	2.9B	5.8B	6.6B	9.0B	10.3B	10.9B
Retained Earnings	1.7B	1.7B	2.6B	2.3B	2.0B	1.0B
Short Term Investments	327.0M	815.3M	1.2B	879.4M	537.7M	405.2M
Long Term Debt	594.6M	969.4M	696.2M	453.3M	4.1B	4.3B
Other Liab	705.4M	695.3M	790.1M	746.0M	857.9M	473.0M
Good Will	1.2B	1.1B	1.1B	1.1B	990.0M	964.4M
Net Tangible Assets	4.6B	5.8B	7.2B	9.3B	10.7B	11.3B
Other Stockholder Equity	38.1M	111.7M	31.8M	(354.7M)	(319.2M)	(303.2M)
Deferred Long Term Liab	142.3M	152.9M	159.9M	177.8M	204.5M	113.2M
Total Current Assets	10.5B	10.8B	14.4B	16.2B	18.0B	11.4B
Non Current Assets Total	9.0B	12.5B	13.0B	15.7B	19.7B	12.0B
Non Currrent Assets Other	794.6M	380.5M	343.6M	605.3M	415.5M	378.9M
Non Current Liabilities Total	1.2B	2.3B	2.2B	1.6B	5.9B	6.2B
Short Long Term Debt	2.1B	2.9B	4.6B	5.9B	6.9B	3.6B
Non Current Liabilities Other	117.3M	61.2M	63.3M	63.6M	64.5M	61.3M
Net Debt	392.7M	2.5B	3.1B	2.4B	6.1B	6.4B
Common Stock Shares Outstanding	2.3B	2.6B	2.7B	3.1B	3.1B	2.7B
Net Invested Capital	11.3B	14.6B	17.2B	20.4B	24.9B	16.9B
Net Working Capital	1.4B	1.1B	3.0B	2.7B	2.4B	2.3B
Capital Stock	2.3B	2.6B	2.7B	3.1B	3.1B	2.9B

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Other Information on Investing in Chengtun Stock

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

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Chengtun Total Current Assets vs Non Current Liabilities Total Analysis

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Total Current Assets

Non Current Liabilities Total

Chengtun Mining fundamental ratios Correlations

Chengtun Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chengtun Mining fundamental ratios Accounts

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Other Information on Investing in Chengtun Stock

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Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.99	Property Plant Equipment
Total Stockholder Equity	+ 0.98	Total Assets

Other Stockholder Equity	- 0.86	Cash
Other Stockholder Equity	- 0.78	Property Plant Equipment
Other Stockholder Equity	- 0.76	Net Tangible Assets
Other Stockholder Equity	- 0.72	Total Liab
Other Stockholder Equity	- 0.71	Total Assets
Other Stockholder Equity	- 0.7	Inventory