Changjiang Net Receivables vs Total Current Liabilities Analysis

600757 Stock   8.55  0.16  1.91%   
Changjiang Publishing financial indicator trend analysis is way more than just evaluating Changjiang Publishing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changjiang Publishing is a good investment. Please check the relationship between Changjiang Publishing Net Receivables and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changjiang Publishing Media. 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.

Net Receivables vs Total Current Liabilities

Net Receivables vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changjiang Publishing Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Changjiang Publishing's Net Receivables and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Changjiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Changjiang Publishing's Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Changjiang Publishing Media are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Changjiang Publishing's Net Receivables and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Total Current Liabilities

Total Current Liabilities is an item on Changjiang Publishing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Changjiang Publishing Media are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Changjiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changjiang Publishing 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 Changjiang Publishing Media. 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 Selling General Administrative is expected to grow to about 606.3 M, whereas Tax Provision is projected to grow to (105.8 M).
 2021 2022 2023 2024 (projected)
Operating Income766.6M802.8M840.5M882.5M
Total Revenue6.0B6.3B6.8B5.5B

Changjiang Publishing fundamental ratios Correlations

0.410.880.830.80.820.730.570.4-0.560.440.00.840.350.880.620.730.00.79-0.77-0.610.680.350.550.27-0.07
0.410.230.180.260.220.170.55-0.27-0.290.050.230.52-0.10.230.390.370.310.11-0.180.070.180.42-0.22-0.480.12
0.880.230.70.850.660.880.230.38-0.440.70.20.750.331.00.770.59-0.230.57-0.59-0.480.390.260.430.28-0.01
0.830.180.70.640.980.470.540.71-0.590.23-0.140.670.580.710.440.57-0.040.88-0.91-0.870.710.550.630.62-0.39
0.80.260.850.640.610.740.190.15-0.410.780.060.610.030.870.740.51-0.420.49-0.62-0.50.430.450.170.080.19
0.820.220.660.980.610.40.60.69-0.510.16-0.230.620.570.670.370.48-0.060.93-0.96-0.890.770.610.630.59-0.41
0.730.170.880.470.740.40.090.23-0.530.760.180.740.220.870.60.66-0.010.3-0.34-0.230.140.060.260.110.15
0.570.550.230.540.190.60.090.1-0.38-0.27-0.040.430.110.230.150.440.420.61-0.58-0.340.630.440.25-0.01-0.34
0.4-0.270.380.710.150.690.230.1-0.32-0.11-0.220.380.930.380.050.23-0.020.7-0.58-0.740.470.060.850.96-0.55
-0.56-0.29-0.44-0.59-0.41-0.51-0.53-0.38-0.32-0.21-0.05-0.77-0.2-0.43-0.26-0.91-0.55-0.340.380.33-0.28-0.26-0.19-0.170.07
0.440.050.70.230.780.160.76-0.27-0.11-0.210.080.37-0.150.70.560.3-0.430.0-0.19-0.11-0.080.24-0.17-0.140.39
0.00.230.2-0.140.06-0.230.18-0.04-0.22-0.050.080.14-0.170.20.650.140.01-0.340.40.34-0.27-0.25-0.2-0.190.07
0.840.520.750.670.610.620.740.430.38-0.770.370.140.390.740.510.860.330.54-0.5-0.460.510.210.420.170.08
0.35-0.10.330.580.030.570.220.110.93-0.2-0.15-0.170.390.330.020.160.050.59-0.45-0.590.39-0.020.780.83-0.53
0.880.231.00.710.870.670.870.230.38-0.430.70.20.740.330.770.57-0.260.57-0.6-0.50.40.280.430.29-0.01
0.620.390.770.440.740.370.60.150.05-0.260.560.650.510.020.770.42-0.330.22-0.27-0.170.150.190.090.010.04
0.730.370.590.570.510.480.660.440.23-0.910.30.140.860.160.570.420.490.4-0.37-0.270.350.070.310.090.06
0.00.31-0.23-0.04-0.42-0.06-0.010.42-0.02-0.55-0.430.010.330.05-0.26-0.330.49-0.060.150.23-0.05-0.160.01-0.15-0.15
0.790.110.570.880.490.930.30.610.7-0.340.0-0.340.540.590.570.220.4-0.06-0.93-0.870.860.40.80.63-0.38
-0.77-0.18-0.59-0.91-0.62-0.96-0.34-0.58-0.580.38-0.190.4-0.5-0.45-0.6-0.27-0.370.15-0.930.87-0.77-0.66-0.56-0.490.38
-0.610.07-0.48-0.87-0.5-0.89-0.23-0.34-0.740.33-0.110.34-0.46-0.59-0.5-0.17-0.270.23-0.870.87-0.82-0.5-0.66-0.710.27
0.680.180.390.710.430.770.140.630.47-0.28-0.08-0.270.510.390.40.150.35-0.050.86-0.77-0.820.340.630.41-0.12
0.350.420.260.550.450.610.060.440.06-0.260.24-0.250.21-0.020.280.190.07-0.160.4-0.66-0.50.34-0.18-0.03-0.17
0.55-0.220.430.630.170.630.260.250.85-0.19-0.17-0.20.420.780.430.090.310.010.8-0.56-0.660.63-0.180.83-0.39
0.27-0.480.280.620.080.590.11-0.010.96-0.17-0.14-0.190.170.830.290.010.09-0.150.63-0.49-0.710.41-0.030.83-0.54
-0.070.12-0.01-0.390.19-0.410.15-0.34-0.550.070.390.070.08-0.53-0.010.040.06-0.15-0.380.380.27-0.12-0.17-0.39-0.54
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Changjiang Publishing Account Relationship Matchups

Changjiang Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B10.9B11.7B12.5B13.2B7.0B
Other Current Liab833.6M923.5M1.2B1.4B33.4M31.7M
Total Current Liabilities3.2B2.9B3.3B3.9B4.0B2.8B
Total Stockholder Equity7.3B7.9B8.2B8.4B9.1B9.5B
Other Liab139.1M127.3M103.6M102.3M117.7M86.5M
Retained Earnings4.3B4.8B5.1B5.4B5.2B5.5B
Accounts Payable1.6B1.2B1.2B1.8B1.8B1.1B
Cash1.7B2.4B2.0B1.7B1.4B973.8M
Other Assets501.0M493.8M559.1M2.2B2.6B2.7B
Net Receivables1.4B682.7M869.8M819.1M826.6M949.7M
Short Term Investments61.5M62.8M359.0M48.3M53.0M50.3M
Inventory1.1B937.9M1.2B1.4B1.2B879.0M
Other Current Assets138.0M89.4M54.7M4.0B2.8B2.9B
Total Liab3.4B3.0B3.5B4.0B4.1B3.0B
Intangible Assets282.3M271.7M290.8M278.7M267.8M214.3M
Property Plant Equipment1.1B1.1B1.2B1.2B1.1B899.9M
Net Tangible Assets7.0B7.6B7.9B8.2B9.4B7.2B
Other Stockholder Equity(743.5K)2.3M3.1M5.0M4.5M4.3M
Deferred Long Term Liab64.2M71.3M64.4M64.8M58.3M55.7M
Total Current Assets8.4B8.5B8.9B8.0B6.4B8.7B
Non Current Assets Total2.4B2.5B2.8B4.5B6.8B3.5B
Non Currrent Assets Other25.2M22.1M74.2M1.8B4.0B4.2B
Non Current Liabilities Total137.4M127.3M152.7M131.7M140.1M118.5M
Net Invested Capital7.3B7.9B8.2B8.4B9.1B8.4B
Net Working Capital5.2B5.6B5.6B4.1B2.5B3.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Changjiang Stock

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