Datang Long Term Investments vs Long Term Debt Analysis
600744 Stock | 3.35 0.07 2.05% |
Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Long Term Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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.
Long Term Investments vs Long Term Debt
Long Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Datang HuaYin's Long Term Investments and Long Term Debt is 0.34. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Long Term Investments 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 Long Term Investments of Datang HuaYin Electric 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 Long Term Investments i.e., Datang HuaYin's Long Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Datang HuaYin balance sheet that represents investments Datang HuaYin Electric intends to hold for over a year. Datang HuaYin Electric long term investments may include different instruments such as stocks, bonds, real estate and cash.Long Term Debt
Long-term debt is a debt that Datang HuaYin Electric has held for over one year. Long-term debt appears on Datang HuaYin Electric 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 Datang HuaYin Electric 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 Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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 Tax Provision is expected to grow to about 39.7 M, whereas Selling General Administrative is forecasted to decline to about 17 M.
Datang HuaYin fundamental ratios Correlations
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Datang HuaYin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datang HuaYin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.4B | 18.1B | 19.8B | 21.5B | 24.1B | 15.7B | |
Other Current Liab | 2.2B | 2.6B | 1.9B | 507.4M | 190.7M | 181.1M | |
Total Current Liabilities | 11.0B | 8.2B | 11.6B | 9.3B | 9.6B | 5.7B | |
Total Stockholder Equity | 3.1B | 3.0B | 532.9M | 1.4B | 1.7B | 1.9B | |
Other Liab | 402.7M | 433.1M | 1.7B | 267.2M | 307.2M | 424.2M | |
Retained Earnings | (3.6B) | (3.6B) | (5.9B) | (5.9B) | (6.1B) | (5.8B) | |
Accounts Payable | 1.5B | 734.0M | 1.8B | 1.7B | 1.8B | 1.2B | |
Cash | 892.7M | 1.4B | 1.0B | 2.0B | 730.6M | 713.9M | |
Other Assets | 401.2M | 475.6M | 345.7M | 341.9M | 393.2M | 354.6M | |
Long Term Debt | 5.1B | 5.2B | 6.1B | 9.7B | 12.2B | 6.6B | |
Net Receivables | 3.1B | 1.8B | 2.4B | 1.3B | 1.8B | 1.9B | |
Inventory | 889.1M | 565.1M | 1.1B | 542.3M | 578.6M | 715.8M | |
Other Current Assets | 255.8M | 356.9M | 612.8M | 291.0M | 556.7M | 351.5M | |
Total Liab | 16.4B | 15.1B | 19.2B | 20.0B | 22.2B | 12.9B | |
Intangible Assets | 817.5M | 817.8M | 973.8M | 822.3M | 757.2M | 617.1M | |
Property Plant Equipment | 11.8B | 11.8B | 11.1B | 11.8B | 13.6B | 9.6B | |
Net Tangible Assets | 2.2B | 2.3B | 2.2B | (432.4M) | (389.2M) | (369.7M) | |
Deferred Long Term Liab | 29.1M | 74.0M | 123.4M | 100.0M | 115.0M | 59.0M | |
Short Long Term Debt | 5.1B | 3.7B | 5.3B | 3.3B | 3.8B | 3.6B | |
Total Current Assets | 5.1B | 4.6B | 5.9B | 5.9B | 4.5B | 5.1B | |
Non Current Assets Total | 14.2B | 13.4B | 14.0B | 15.5B | 19.6B | 16.6B | |
Non Currrent Assets Other | 392.7M | 211.9M | 234.0M | 775.8M | 2.5B | 2.6B | |
Non Current Liabilities Total | 5.5B | 6.9B | 7.6B | 10.7B | 12.6B | 9.4B | |
Non Current Liabilities Other | 39.5M | 14.6M | 33.6M | 24.7M | 6.5M | 6.1M | |
Net Debt | 8.4B | 7.5B | 10.4B | 11.0B | 15.3B | 10.8B | |
Net Invested Capital | 12.4B | 11.9B | 12.0B | 14.4B | 17.8B | 14.3B | |
Net Working Capital | (5.9B) | (3.6B) | (5.7B) | (3.3B) | (5.1B) | (5.4B) |
Currently Active Assets on Macroaxis
Other Information on Investing in Datang Stock
Balance Sheet is a snapshot of the financial position of Datang HuaYin Electric at a specified time, usually calculated after every quarter, six months, or one year. Datang HuaYin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Datang HuaYin 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 Datang currently owns. An asset can also be divided into two categories, current and non-current.