Longjian Change To Liabilities vs Capital Expenditures Analysis

600853 Stock   3.92  0.09  2.35%   
Longjian Road financial indicator trend analysis is infinitely more than just investigating Longjian Road Bridge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longjian Road Bridge is a good investment. Please check the relationship between Longjian Road Change To Liabilities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longjian Road Bridge. 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.

Change To Liabilities vs Capital Expenditures

Change To Liabilities vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longjian Road Bridge Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Longjian Road's Change To Liabilities and Capital Expenditures is 0.42. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Longjian Road Bridge, assuming nothing else is changed. The correlation between historical values of Longjian Road's Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Longjian Road Bridge are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Longjian Road's Change To Liabilities and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Liabilities

Capital Expenditures

Capital Expenditures are funds used by Longjian Road Bridge to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Longjian Road operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Longjian Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longjian Road Bridge 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 Longjian Road Bridge. 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 140.9 M, whereas Tax Provision is forecasted to decline to about 68.3 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue13.3B15.1B15.4B16.2B
Total Revenue15.2B17.0B17.4B18.3B

Longjian Road fundamental ratios Correlations

0.160.990.980.930.920.980.93-0.220.811.00.880.810.860.30.990.99-0.850.570.650.910.870.940.820.920.98
0.160.210.23-0.020.310.03-0.020.010.40.160.010.340.360.570.120.19-0.270.470.580.220.170.190.220.120.09
0.990.210.970.920.90.950.94-0.160.821.00.840.80.850.370.980.97-0.860.630.670.920.870.930.830.890.97
0.980.230.970.860.940.940.86-0.290.880.970.820.860.890.390.970.99-0.910.690.750.950.880.950.840.920.97
0.93-0.020.920.860.760.910.96-0.260.560.920.90.640.680.110.950.88-0.660.360.460.750.670.80.60.840.94
0.920.310.90.940.760.910.72-0.310.850.920.820.870.910.390.890.93-0.850.610.770.860.860.930.830.90.88
0.980.030.950.940.910.910.9-0.230.770.980.920.780.830.140.980.97-0.820.460.540.880.870.920.810.920.97
0.93-0.020.940.860.960.720.9-0.130.630.930.810.620.690.210.940.89-0.70.460.470.810.750.820.690.80.93
-0.220.01-0.16-0.29-0.26-0.31-0.23-0.13-0.07-0.19-0.38-0.36-0.240.08-0.28-0.250.060.06-0.4-0.030.06-0.260.06-0.39-0.33
0.810.40.820.880.560.850.770.63-0.070.810.520.840.850.470.770.87-0.930.840.780.920.910.860.910.760.77
1.00.161.00.970.920.920.980.93-0.190.810.880.810.860.310.990.98-0.850.580.650.920.880.940.830.910.98
0.880.010.840.820.90.820.920.81-0.380.520.880.660.71-0.020.910.86-0.620.170.390.670.630.780.560.870.9
0.810.340.80.860.640.870.780.62-0.360.840.810.660.970.370.790.84-0.860.630.80.810.820.940.850.930.79
0.860.360.850.890.680.910.830.69-0.240.850.860.710.970.450.830.87-0.880.640.780.860.890.960.910.930.82
0.30.570.370.390.110.390.140.210.080.470.31-0.020.370.450.230.27-0.490.770.690.470.430.380.480.190.21
0.990.120.980.970.950.890.980.94-0.280.770.990.910.790.830.230.98-0.820.510.60.890.820.920.770.921.0
0.990.190.970.990.880.930.970.89-0.250.870.980.860.840.870.270.98-0.890.60.670.930.890.940.840.930.98
-0.85-0.27-0.86-0.91-0.66-0.85-0.82-0.70.06-0.93-0.85-0.62-0.86-0.88-0.49-0.82-0.89-0.8-0.7-0.98-0.93-0.9-0.92-0.83-0.83
0.570.470.630.690.360.610.460.460.060.840.580.170.630.640.770.510.6-0.80.820.780.710.650.750.470.51
0.650.580.670.750.460.770.540.47-0.40.780.650.390.80.780.690.60.67-0.70.820.670.640.750.680.650.6
0.910.220.920.950.750.860.880.81-0.030.920.920.670.810.860.470.890.93-0.980.780.670.950.910.930.830.89
0.870.170.870.880.670.860.870.750.060.910.880.630.820.890.430.820.89-0.930.710.640.950.920.990.820.81
0.940.190.930.950.80.930.920.82-0.260.860.940.780.940.960.380.920.94-0.90.650.750.910.920.910.960.91
0.820.220.830.840.60.830.810.690.060.910.830.560.850.910.480.770.84-0.920.750.680.930.990.910.80.75
0.920.120.890.920.840.90.920.8-0.390.760.910.870.930.930.190.920.93-0.830.470.650.830.820.960.80.93
0.980.090.970.970.940.880.970.93-0.330.770.980.90.790.820.211.00.98-0.830.510.60.890.810.910.750.93
Click cells to compare fundamentals

Longjian Road Account Relationship Matchups

Longjian Road fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.7B23.4B26.6B32.5B36.5B38.3B
Other Current Liab2.0B3.7B3.3B1.1B1.6B1.7B
Total Current Liabilities13.1B16.0B15.6B18.6B22.0B23.2B
Total Stockholder Equity1.8B2.4B2.3B2.6B2.7B2.9B
Accounts Payable4.2B4.4B4.5B8.9B11.3B11.9B
Cash2.5B4.8B5.4B6.4B4.2B4.4B
Long Term Debt4.4B3.4B6.9B8.9B8.6B9.0B
Net Receivables4.4B4.3B4.0B5.9B9.4B9.8B
Inventory4.8B1.5B1.8B1.3B1.4B2.3B
Other Current Assets1.6B1.6B1.6B1.2B1.2B1.2B
Total Liab17.5B20.1B22.6B28.0B30.7B32.2B
Intangible Assets453.2M461.9M1.6B2.2B1.9B2.0B
Common Stock644.2M837.4M1.0B1.0B1.2B661.6M
Property Plant Equipment561.0M616.5M873.1M914.7M1.1B551.7M
Other Liab448.7M110.7M688.1M168.1M193.3M201.6M
Retained Earnings632.4M756.3M1.0B1.2B1.5B1.6B
Other Assets3.0B5.1B5.5B7.7B8.9B9.3B
Net Tangible Assets1.1B1.4B2.0B768.3M883.6M1.0B
Other Stockholder Equity5.0M106.8M528.2M191.1M219.8M130.0M
Short Long Term Debt2.8B2.5B2.8B3.0B3.1B2.4B
Total Current Assets13.4B16.1B15.9B18.9B20.5B14.8B
Non Current Assets Total6.4B7.4B10.8B13.5B16.1B8.6B
Non Currrent Assets Other4.2B5.0B7.5B9.2B11.6B12.2B
Non Current Liabilities Total4.5B4.1B7.0B9.4B8.6B5.7B
Deferred Long Term Liab2.7M4.7M5.4M50.1M57.6M60.4M
Non Current Liabilities Other2.4B3.8B655.0M161.7M145.5M138.3M
Net Debt4.0B1.1B4.3B5.5B7.4B4.4B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.2B1.1B
Net Invested Capital8.4B8.3B12.0B14.5B14.4B10.9B
Net Working Capital300.3M52.0M313.1M347.4M(1.6B)(1.5B)

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Other Information on Investing in Longjian Stock

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