Chongqing Short Term Debt vs Net Receivables Analysis

600917 Stock

6.32 0.09 1.40%

Chongqing Gas financial indicator trend analysis is way more than just evaluating Chongqing Gas Grp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Gas Grp is a good investment. Please check the relationship between Chongqing Gas Short Term Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Gas Grp. 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.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Gas Grp Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Chongqing Gas' Short Term Debt and Net Receivables is 0.43. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Chongqing Gas Grp, assuming nothing else is changed. The correlation between historical values of Chongqing Gas' Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Chongqing Gas Grp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Chongqing Gas' Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Net Receivables

Most indicators from Chongqing Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Gas Grp 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 Chongqing Gas Grp. 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 291.6 M. In addition to that, Tax Provision is expected to decline to about 58.3 M

	2021	2022	2023	2024 (projected)
Operating Income	358.1M	332.7M	387.4M	372.4M
Total Revenue	7.8B	8.7B	10.2B	7.2B

Operating Income Total Revenue

Chongqing Gas fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.12	0.98	0.98	-0.13	0.95	0.76	-0.79	0.85	0.36	0.62	-0.6	0.36	0.96	0.69	0.87	0.99	-0.35	0.84	-0.86	0.5	0.88	0.81	-0.61	0.87	0.83
Other Current Liab	0.12		0.14	0.06	0.46	0.13	-0.39	0.23	0.15	-0.59	-0.56	0.02	0.9	0.19	0.09	-0.31	0.1	0.79	-0.23	0.16	0.06	0.06	-0.06	0.0	0.1	-0.22
Total Current Liabilities	0.98	0.14		0.97	-0.25	0.96	0.78	-0.75	0.79	0.41	0.61	-0.55	0.39	0.94	0.64	0.83	0.95	-0.32	0.86	-0.86	0.42	0.83	0.86	-0.5	0.81	0.85
Total Stockholder Equity	0.98	0.06	0.97		-0.26	0.99	0.79	-0.86	0.85	0.38	0.59	-0.63	0.33	0.9	0.73	0.87	0.97	-0.36	0.91	-0.92	0.55	0.91	0.84	-0.62	0.9	0.89
Other Liab	-0.13	0.46	-0.25	-0.26		-0.32	-0.56	0.41	-0.03	-0.74	-0.34	0.24	0.21	0.04	-0.16	-0.19	-0.07	0.41	-0.61	0.51	-0.09	-0.2	-0.53	-0.05	-0.14	-0.62
Retained Earnings	0.95	0.13	0.96	0.99	-0.32		0.76	-0.86	0.86	0.36	0.5	-0.61	0.41	0.85	0.7	0.78	0.94	-0.28	0.92	-0.93	0.58	0.92	0.86	-0.61	0.9	0.9
Accounts Payable	0.76	-0.39	0.78	0.79	-0.56	0.76		-0.8	0.56	0.71	0.82	-0.47	-0.1	0.67	0.48	0.8	0.72	-0.75	0.87	-0.86	0.28	0.66	0.72	-0.55	0.62	0.91
Cash	-0.79	0.23	-0.75	-0.86	0.41	-0.86	-0.8		-0.85	-0.4	-0.56	0.58	-0.05	-0.62	-0.58	-0.76	-0.82	0.5	-0.9	0.92	-0.6	-0.92	-0.72	0.76	-0.9	-0.89
Other Assets	0.85	0.15	0.79	0.85	-0.03	0.86	0.56	-0.85		0.16	0.42	-0.51	0.39	0.77	0.51	0.67	0.88	-0.22	0.74	-0.77	0.6	0.93	0.67	-0.72	0.94	0.72
Long Term Debt	0.36	-0.59	0.41	0.38	-0.74	0.36	0.71	-0.4	0.16		0.8	-0.37	-0.29	0.32	0.19	0.48	0.28	-0.74	0.62	-0.56	0.11	0.27	0.58	-0.03	0.24	0.66
Net Receivables	0.62	-0.56	0.61	0.59	-0.34	0.5	0.82	-0.56	0.42	0.8		-0.34	-0.3	0.64	0.28	0.79	0.59	-0.84	0.65	-0.62	0.18	0.44	0.52	-0.31	0.43	0.67
Inventory	-0.6	0.02	-0.55	-0.63	0.24	-0.61	-0.47	0.58	-0.51	-0.37	-0.34		-0.16	-0.51	-0.86	-0.57	-0.56	0.29	-0.58	0.63	-0.33	-0.68	-0.62	0.51	-0.7	-0.59
Other Current Assets	0.36	0.9	0.39	0.33	0.21	0.41	-0.1	-0.05	0.39	-0.29	-0.3	-0.16		0.39	0.29	-0.08	0.31	0.57	0.1	-0.17	0.35	0.31	0.2	-0.14	0.32	0.13
Total Liab	0.96	0.19	0.94	0.9	0.04	0.85	0.67	-0.62	0.77	0.32	0.64	-0.51	0.39		0.59	0.82	0.94	-0.32	0.7	-0.73	0.39	0.76	0.72	-0.52	0.77	0.7
Intangible Assets	0.69	0.09	0.64	0.73	-0.16	0.7	0.48	-0.58	0.51	0.19	0.28	-0.86	0.29	0.59		0.68	0.64	-0.19	0.61	-0.64	0.45	0.67	0.57	-0.49	0.66	0.6
Common Stock	0.87	-0.31	0.83	0.87	-0.19	0.78	0.8	-0.76	0.67	0.48	0.79	-0.57	-0.08	0.82	0.68		0.87	-0.61	0.8	-0.78	0.37	0.74	0.7	-0.52	0.72	0.77
Property Plant Equipment	0.99	0.1	0.95	0.97	-0.07	0.94	0.72	-0.82	0.88	0.28	0.59	-0.56	0.31	0.94	0.64	0.87		-0.32	0.83	-0.84	0.51	0.9	0.77	-0.63	0.9	0.8
Good Will	-0.35	0.79	-0.32	-0.36	0.41	-0.28	-0.75	0.5	-0.22	-0.74	-0.84	0.29	0.57	-0.32	-0.19	-0.61	-0.32		-0.5	0.55	-0.17	-0.28	-0.38	0.42	-0.27	-0.58
Net Tangible Assets	0.84	-0.23	0.86	0.91	-0.61	0.92	0.87	-0.9	0.74	0.62	0.65	-0.58	0.1	0.7	0.61	0.8	0.83	-0.5		-0.96	0.51	0.85	0.9	-0.5	0.8	0.97
Other Stockholder Equity	-0.86	0.16	-0.86	-0.92	0.51	-0.93	-0.86	0.92	-0.77	-0.56	-0.62	0.63	-0.17	-0.73	-0.64	-0.78	-0.84	0.55	-0.96		-0.62	-0.88	-0.87	0.67	-0.85	-0.98
Deferred Long Term Liab	0.5	0.06	0.42	0.55	-0.09	0.58	0.28	-0.6	0.6	0.11	0.18	-0.33	0.35	0.39	0.45	0.37	0.51	-0.17	0.51	-0.62		0.61	0.37	-0.51	0.58	0.53
Long Term Investments	0.88	0.06	0.83	0.91	-0.2	0.92	0.66	-0.92	0.93	0.27	0.44	-0.68	0.31	0.76	0.67	0.74	0.9	-0.28	0.85	-0.88	0.61		0.78	-0.75	0.99	0.82
Short Long Term Debt	0.81	-0.06	0.86	0.84	-0.53	0.86	0.72	-0.72	0.67	0.58	0.52	-0.62	0.2	0.72	0.57	0.7	0.77	-0.38	0.9	-0.87	0.37	0.78		-0.38	0.75	0.89
Total Current Assets	-0.61	0.0	-0.5	-0.62	-0.05	-0.61	-0.55	0.76	-0.72	-0.03	-0.31	0.51	-0.14	-0.52	-0.49	-0.52	-0.63	0.42	-0.5	0.67	-0.51	-0.75	-0.38		-0.77	-0.57
Short Term Debt	0.87	0.1	0.81	0.9	-0.14	0.9	0.62	-0.9	0.94	0.24	0.43	-0.7	0.32	0.77	0.66	0.72	0.9	-0.27	0.8	-0.85	0.58	0.99	0.75	-0.77		0.79
Non Current Assets Total	0.83	-0.22	0.85	0.89	-0.62	0.9	0.91	-0.89	0.72	0.66	0.67	-0.59	0.13	0.7	0.6	0.77	0.8	-0.58	0.97	-0.98	0.53	0.82	0.89	-0.57	0.79

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Chongqing Gas Account Relationship Matchups

Chongqing Gas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	9.1B	9.1B	10.1B	10.3B	8.8B
Other Current Liab	1.6B	1.8B	1.7B	2.1B	20.6M	19.5M
Total Current Liabilities	2.0B	2.6B	2.6B	3.1B	3.0B	2.3B
Total Stockholder Equity	4.2B	4.4B	4.8B	4.9B	5.4B	4.2B
Other Liab	1.8B	1.5B	1.3B	1.1B	977.4M	1.3B
Retained Earnings	1.6B	1.8B	2.1B	2.3B	2.3B	1.4B
Accounts Payable	202.6M	264.4M	527.1M	502.7M	647.9M	680.3M
Cash	1.5B	1.6B	1.2B	1.6B	1.0B	1.4B
Other Assets	256.5M	219.4M	223.8M	223.5M	257.1M	177.3M
Long Term Debt	180.2M	176.3M	144.4M	626.9M	634.7M	666.4M
Net Receivables	268.2M	149.4M	218.9M	456.4M	686.0M	720.3M
Inventory	83.1M	73.7M	87.4M	60.9M	71.4M	72.3M
Other Current Assets	435.4M	378.9M	392.7M	599.4M	51.8M	49.2M
Total Liab	4.0B	4.3B	4.0B	4.8B	4.6B	4.3B
Intangible Assets	347.3M	355.6M	365.7M	374.8M	380.3M	298.9M
Property Plant Equipment	5.0B	5.1B	5.3B	5.4B	6.2B	4.8B
Net Tangible Assets	3.8B	4.0B	4.3B	4.5B	5.2B	4.1B
Other Stockholder Equity	58.9M	55.3M	51.3M	50.5M	45.5M	50.2M
Deferred Long Term Liab	47.1M	16.7M	15.1M	12.5M	14.3M	12.7M
Total Current Assets	2.2B	2.4B	2.0B	2.7B	2.6B	2.0B
Non Current Assets Total	6.4B	6.7B	7.1B	7.4B	7.7B	7.3B
Non Current Liabilities Total	2.0B	1.7B	1.4B	1.7B	1.5B	1.5B
Non Current Liabilities Other	180.2M	1.4B	1.1B	855.3M	631.5M	640.2M
Net Invested Capital	4.5B	5.0B	5.1B	5.9B	6.4B	5.5B
Net Working Capital	240.6M	(198.0M)	(562.3M)	(391.0M)	(367.9M)	(349.5M)

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Other Information on Investing in Chongqing Stock

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

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Chongqing Short Term Debt vs Net Receivables Analysis

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Receivables

Chongqing Gas fundamental ratios Correlations

Chongqing Gas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing Gas fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Chongqing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Short Term Debt	+ 0.99	Long Term Investments
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.97	Total Current Liabilities

Non Current Assets Total	- 0.98	Other Stockholder Equity
Other Stockholder Equity	- 0.96	Net Tangible Assets
Other Stockholder Equity	- 0.93	Retained Earnings
Long Term Investments	- 0.92	Cash
Other Stockholder Equity	- 0.92	Total Stockholder Equity
Short Term Debt	- 0.9	Cash