Dalian Total Stockholder Equity vs Non Currrent Assets Other Analysis

600719 Stock   8.19  0.13  1.61%   
Dalian Thermal financial indicator trend analysis is much more than just examining Dalian Thermal Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Thermal Power is a good investment. Please check the relationship between Dalian Thermal Total Stockholder Equity and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Thermal Power. 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 Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Thermal Power Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dalian Thermal's Total Stockholder Equity and Non Currrent Assets Other is 0.34. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Dalian Thermal Power, assuming nothing else is changed. The correlation between historical values of Dalian Thermal's Total Stockholder Equity 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 Total Stockholder Equity of Dalian Thermal Power 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 Total Stockholder Equity i.e., Dalian Thermal's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Dalian Thermal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Thermal Power 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 Dalian Thermal Power. 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 Tax Provision is expected to grow to about 11.5 M, whereas Selling General Administrative is forecasted to decline to about 5.2 M.

Dalian Thermal fundamental ratios Correlations

0.210.93-0.510.71-0.250.760.520.84-0.720.640.410.990.730.98-0.350.31-0.63-0.86-0.220.830.950.380.940.720.94
0.210.260.270.040.740.20.6-0.12-0.50.040.710.190.520.16-0.260.560.310.070.590.19-0.010.360.020.110.16
0.930.26-0.50.72-0.220.790.370.67-0.710.520.530.930.770.92-0.460.46-0.61-0.8-0.190.660.880.260.770.760.91
-0.510.27-0.5-0.720.82-0.70.2-0.680.35-0.280.02-0.59-0.21-0.57-0.110.160.920.750.48-0.31-0.690.34-0.64-0.34-0.46
0.710.040.72-0.72-0.470.850.010.6-0.520.610.050.760.580.78-0.170.19-0.81-0.7-0.20.380.73-0.280.690.280.6
-0.250.74-0.220.82-0.47-0.330.46-0.53-0.07-0.20.4-0.30.15-0.31-0.120.450.810.550.66-0.09-0.480.42-0.43-0.16-0.21
0.760.20.79-0.70.85-0.330.190.61-0.660.390.30.80.660.79-0.140.37-0.75-0.69-0.190.520.76-0.080.70.480.69
0.520.60.370.20.010.460.190.42-0.550.450.390.460.510.37-0.340.350.16-0.250.140.770.330.620.480.250.41
0.84-0.120.67-0.680.6-0.530.610.42-0.610.60.040.840.450.8-0.20.0-0.74-0.92-0.580.820.910.220.960.550.75
-0.72-0.5-0.710.35-0.52-0.07-0.66-0.55-0.61-0.28-0.39-0.7-0.85-0.710.36-0.650.440.720.3-0.57-0.72-0.27-0.64-0.66-0.74
0.640.040.52-0.280.61-0.20.390.450.6-0.28-0.080.630.250.57-0.38-0.1-0.37-0.51-0.070.670.560.030.660.040.47
0.410.710.530.020.050.40.30.390.04-0.39-0.080.40.480.37-0.30.510.08-0.150.450.260.230.460.180.510.43
0.990.190.93-0.590.76-0.30.80.460.84-0.70.630.40.710.98-0.30.26-0.68-0.86-0.20.790.950.310.940.690.92
0.730.520.77-0.210.580.150.660.510.45-0.850.250.480.710.73-0.360.75-0.36-0.56-0.080.460.620.280.550.60.7
0.980.160.92-0.570.78-0.310.790.370.8-0.710.570.370.980.73-0.320.28-0.71-0.86-0.220.70.950.30.910.730.93
-0.35-0.26-0.46-0.11-0.17-0.12-0.14-0.34-0.20.36-0.38-0.3-0.3-0.36-0.32-0.370.140.240.11-0.2-0.25-0.1-0.21-0.24-0.26
0.310.560.460.160.190.450.370.350.0-0.65-0.10.510.260.750.28-0.370.04-0.180.030.150.190.080.060.460.4
-0.630.31-0.610.92-0.810.81-0.750.16-0.740.44-0.370.08-0.68-0.36-0.710.140.040.820.57-0.32-0.790.29-0.72-0.44-0.57
-0.860.07-0.80.75-0.70.55-0.69-0.25-0.920.72-0.51-0.15-0.86-0.56-0.860.24-0.180.820.59-0.68-0.96-0.11-0.9-0.7-0.85
-0.220.59-0.190.48-0.20.66-0.190.14-0.580.3-0.070.45-0.2-0.08-0.220.110.030.570.59-0.22-0.470.16-0.36-0.36-0.29
0.830.190.66-0.310.38-0.090.520.770.82-0.570.670.260.790.460.7-0.20.15-0.32-0.68-0.220.750.50.850.480.73
0.95-0.010.88-0.690.73-0.480.760.330.91-0.720.560.230.950.620.95-0.250.19-0.79-0.96-0.470.750.250.940.760.93
0.380.360.260.34-0.280.42-0.080.620.22-0.270.030.460.310.280.3-0.10.080.29-0.110.160.50.250.290.470.41
0.940.020.77-0.640.69-0.430.70.480.96-0.640.660.180.940.550.91-0.210.06-0.72-0.9-0.360.850.940.290.590.83
0.720.110.76-0.340.28-0.160.480.250.55-0.660.040.510.690.60.73-0.240.46-0.44-0.7-0.360.480.760.470.590.88
0.940.160.91-0.460.6-0.210.690.410.75-0.740.470.430.920.70.93-0.260.4-0.57-0.85-0.290.730.930.410.830.88
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Dalian Thermal Account Relationship Matchups

Dalian Thermal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.7B2.8B2.7B2.8B2.0B
Other Current Liab341.3M330.8M311.5M337.4M25.1M23.8M
Total Current Liabilities1.3B1.1B1.4B1.4B1.4B995.4M
Total Stockholder Equity737.6M743.6M597.2M441.2M548.1M554.3M
Other Liab23.4M19.5M45.3M39.4M45.4M24.9M
Retained Earnings230.8M236.8M90.4M(65.6M)(134.9M)(128.2M)
Accounts Payable237.2M198.4M405.0M474.7M438.6M232.4M
Cash208.6M522.1M322.7M159.1M84.0M157.3M
Long Term Debt229.3M868.6M779.7M740.6M852.0M894.6M
Net Receivables69.5M55.7M46.8M39.0M53.0M50.4M
Inventory66.8M117.5M223.0M88.3M119.1M84.1M
Other Current Assets318.7M272.4M121.1M404.3M6.6M6.3M
Total Liab1.5B2.0B2.2B2.2B2.3B1.2B
Property Plant Equipment1.6B1.7B1.9B1.9B2.2B1.2B
Intangible Assets909.3K864.7K835.5K819.5K737.5K700.7K
Other Assets39.5M36.3M32.9M31.4M36.1M29.7M
Net Tangible Assets736.7M742.8M596.3M441.2M397.0M541.5M
Deferred Long Term Liab3.9M2.8M2.0M1.3M1.2M1.2M
Total Current Assets663.6M971.3M912.8M700.8M668.5M750.3M
Non Current Assets Total1.6B1.7B1.9B2.0B2.1B1.8B
Non Currrent Assets Other51.6M1.6B1.7B943.4K1.1M1.0M
Non Current Liabilities Total252.7M888.1M833.8M787.5M895.2M527.5M
Short Long Term Debt550M473M237.2M500.0M514.1M455.7M
Net Debt570.7M819.5M694.2M1.1B1.3B798.9M
Net Invested Capital1.5B2.1B1.6B1.7B1.9B1.8B
Net Working Capital(607.1M)(107.3M)(466.6M)(743.8M)(701.6M)(736.6M)

Currently Active Assets on Macroaxis

Other Information on Investing in Dalian Stock

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