Bank Intangible Assets vs Accounts Payable Analysis

600919 Stock   8.94  0.03  0.34%   
Bank of Jiangsu Co Ltd financial indicator trend analysis is way more than just evaluating Bank of Jiangsu Co Ltd prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Jiangsu Co Ltd is a good investment. Please check the relationship between Bank of Jiangsu Co Ltd Intangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Jiangsu. 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.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Jiangsu Co Ltd Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Jiangsu Co Ltd's Intangible Assets and Accounts Payable is -0.12. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bank of Jiangsu, assuming nothing else is changed. The correlation between historical values of Bank of Jiangsu Co Ltd's Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Bank of Jiangsu are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Bank of Jiangsu Co Ltd's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Bank of Jiangsu Co Ltd obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bank of Jiangsu Co Ltd are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Bank of Jiangsu Co Ltd's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Jiangsu Co Ltd 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 Bank of Jiangsu. 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 Selling General Administrative is expected to grow to about 12.1 B. The current year's Tax Provision is expected to grow to about 9.1 B
 2023 2024 (projected)
Operating Income18.0B15.7B
Total Revenue74.3B78.0B

Bank of Jiangsu Co Ltd fundamental ratios Correlations

0.99-0.450.360.98-0.451.00.060.810.940.750.920.90.90.880.890.570.720.860.860.280.890.830.770.830.87
0.99-0.360.390.98-0.450.990.010.80.930.730.890.920.910.90.910.620.730.880.910.320.910.820.810.820.89
-0.45-0.36-0.05-0.440.06-0.46-0.38-0.44-0.34-0.48-0.67-0.13-0.25-0.21-0.24-0.19-0.02-0.41-0.060.33-0.2-0.48-0.06-0.48-0.19
0.360.39-0.050.37-0.290.360.030.440.430.510.330.290.420.460.490.2-0.050.180.450.30.40.410.470.410.45
0.980.98-0.440.37-0.490.98-0.070.760.920.740.910.90.910.90.90.60.720.860.880.290.910.840.80.840.9
-0.45-0.450.06-0.29-0.49-0.450.47-0.38-0.29-0.57-0.53-0.32-0.53-0.53-0.52-0.43-0.14-0.48-0.370.02-0.53-0.65-0.45-0.65-0.54
1.00.99-0.460.360.98-0.450.060.810.940.750.920.90.890.870.890.570.720.860.860.280.890.830.760.830.87
0.060.01-0.380.03-0.070.470.060.350.040.150.08-0.13-0.12-0.12-0.12-0.05-0.13-0.09-0.13-0.13-0.12-0.05-0.12-0.05-0.1
0.810.8-0.440.440.76-0.380.810.350.720.810.760.630.840.850.840.580.430.690.70.340.820.790.780.790.74
0.940.93-0.340.430.92-0.290.940.040.720.610.80.940.840.820.860.350.80.720.850.50.830.660.710.660.79
0.750.73-0.480.510.74-0.570.750.150.810.610.810.520.760.770.730.610.250.580.60.020.740.860.690.860.82
0.920.89-0.670.330.91-0.530.920.080.760.80.810.690.780.760.770.570.470.850.65-0.020.760.890.610.890.76
0.90.92-0.130.290.9-0.320.9-0.130.630.940.520.690.870.850.870.410.920.730.910.570.870.620.770.620.82
0.90.91-0.250.420.91-0.530.89-0.120.840.840.760.780.870.990.990.590.690.810.870.480.990.870.910.870.92
0.880.9-0.210.460.9-0.530.87-0.120.850.820.770.760.850.990.990.650.640.790.90.480.980.850.940.850.93
0.890.91-0.240.490.9-0.520.89-0.120.840.860.730.770.870.990.990.570.670.790.880.530.980.840.920.840.89
0.570.62-0.190.20.6-0.430.57-0.050.580.350.610.570.410.590.650.570.190.630.66-0.060.660.660.740.660.68
0.720.73-0.02-0.050.72-0.140.72-0.130.430.80.250.470.920.690.640.670.190.560.740.610.690.360.560.360.6
0.860.88-0.410.180.86-0.480.86-0.090.690.720.580.850.730.810.790.790.630.560.730.060.790.860.640.860.76
0.860.91-0.060.450.88-0.370.86-0.130.70.850.60.650.910.870.90.880.660.740.730.530.90.650.880.650.88
0.280.320.330.30.290.020.28-0.130.340.50.02-0.020.570.480.480.53-0.060.610.060.530.480.010.530.010.3
0.890.91-0.20.40.91-0.530.89-0.120.820.830.740.760.870.990.980.980.660.690.790.90.480.840.950.840.94
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.840.741.00.85
0.770.81-0.060.470.8-0.450.76-0.120.780.710.690.610.770.910.940.920.740.560.640.880.530.950.740.740.88
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.841.00.740.85
0.870.89-0.190.450.9-0.540.87-0.10.740.790.820.760.820.920.930.890.680.60.760.880.30.940.850.880.85
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Bank of Jiangsu Co Ltd Account Relationship Matchups

Bank of Jiangsu Co Ltd fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1T2.3T2.6T3.0T3.4T3.6T
Total Stockholder Equity132.8B178.0B192.2B208.6B250.4B262.9B
Other Liab6.9B8.2B10.3B11.9B10.7B10.4B
Cash198.3B237.3B1.9T256.4B288.5B242.8B
Other Assets1.2T1.4T1.7T1.9T2.2T2.3T
Total Liab1.9T2.2T2.4T2.8T3.1T3.3T
Intangible Assets635.6M599.2M589.5M580.5M534.5M572.2M
Property Plant Equipment5.5B5.3B5.2B8.7B10.0B10.5B
Retained Earnings80.7B91.5B104.7B122.4B63.8B49.8B
Other Current Liab7.3B10.1B17.6B27.1B31.2B32.7B
Total Current Liabilities1.9T2.1T2.4T2.7T3.1T2.1T
Net Tangible Assets112.2B157.5B171.7B185.7B213.6B132.8B
Accounts Payable1.2T1.3T1.4T1.6T1.9T1.4T
Net Receivables422.8M8.1B15.0B4.6B5.3B4.7B
Other Current Assets139.9B129.3B140.9B128.9B148.2B142.5B
Other Stockholder Equity578.2M4.4B24.1B25.1B28.8B30.2B
Deferred Long Term Liab261.1M273.0M294.6M376.5M433.0M336.8M
Long Term Investments784.8B848.5B920.3B1.1T1.2T825.4B
Total Current Assets229.9B443.0B503.4B527.2B606.3B388.6B
Net Debt203.0B227.1B266.1B324.0B255.1B234.2B
Common Stock Shares Outstanding12.2B14.8B14.8B14.8B18.4B15.6B
Net Invested Capital514.1B622.5B676.6B769.0B774.0B655.9B
Capital Stock31.5B34.7B34.7B34.7B38.3B37.7B

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Other Information on Investing in Bank Stock

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