China Change In Cash vs Depreciation Analysis

600941 Stock

103.70 0.30 0.29%

China Mobile financial indicator trend analysis is way more than just evaluating China Mobile Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Mobile Limited is a good investment. Please check the relationship between China Mobile Change In Cash and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Mobile Limited. 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 In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Mobile Limited Change In Cash account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between China Mobile's Change In Cash and Depreciation is -0.14. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of China Mobile Limited, assuming nothing else is changed. The correlation between historical values of China Mobile's Change In Cash and Depreciation 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 In Cash of China Mobile Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., China Mobile's Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Depreciation

Depreciation indicates how much of China Mobile Limited value has been used up. For tax purposes China Mobile can deduct the cost of the tangible assets it purchases as business expenses. However, China Mobile Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from China Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Mobile Limited 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 China Mobile Limited. 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.

At present, China Mobile's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 39.9 B, whereas Issuance Of Capital Stock is forecasted to decline to about 1.3 B.

	2021	2022	2023	2024 (projected)
Total Revenue	848.3B	937.3B	1.0T	509.0B
Depreciation And Amortization	230.2B	16.4B	18.8B	17.9B

Total Revenue Depreciation And Amortization

China Mobile fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Common Stock Shares Outstanding		0.24	0.69	-0.11	0.14	0.25	0.2	0.18	-0.19	0.0	0.68	0.08	0.3	-0.11	-0.05	-0.01	-0.08	0.58	0.23	-0.51	0.16	0.21	0.01	0.61	0.47	0.68
Total Assets	0.24		0.42	0.78	0.96	1.0	0.99	0.93	-0.8	0.87	0.64	0.73	0.98	0.37	0.72	0.65	-0.33	0.26	0.85	-0.06	-0.67	0.99	0.83	0.6	0.76	0.71
Short Long Term Debt Total	0.69	0.42		0.36	0.23	0.43	0.41	0.18	-0.41	0.49	0.5	0.49	0.53	0.34	-0.13	0.13	-0.48	0.82	0.22	-0.09	-0.07	0.37	0.03	0.94	0.56	0.7
Other Current Liab	-0.11	0.78	0.36		0.76	0.77	0.81	0.6	-0.85	0.91	0.3	0.86	0.77	0.52	0.52	0.56	-0.47	0.28	0.53	0.02	-0.7	0.8	0.64	0.59	0.63	0.46
Total Current Liabilities	0.14	0.96	0.23	0.76		0.94	0.95	0.95	-0.8	0.81	0.66	0.62	0.89	0.26	0.82	0.7	-0.22	0.03	0.86	-0.03	-0.73	0.98	0.9	0.47	0.77	0.65
Total Stockholder Equity	0.25	1.0	0.43	0.77	0.94		0.99	0.92	-0.78	0.87	0.63	0.72	0.97	0.37	0.72	0.64	-0.33	0.27	0.85	-0.05	-0.66	0.98	0.83	0.6	0.74	0.7
Property Plant And Equipment Net	0.2	0.99	0.41	0.81	0.95	0.99		0.89	-0.81	0.89	0.62	0.75	0.97	0.38	0.72	0.68	-0.34	0.26	0.81	0.0	-0.7	0.98	0.83	0.6	0.78	0.7
Current Deferred Revenue	0.18	0.93	0.18	0.6	0.95	0.92	0.89		-0.7	0.7	0.65	0.54	0.86	0.26	0.83	0.58	-0.2	0.01	0.94	-0.08	-0.59	0.93	0.88	0.34	0.6	0.58
Net Debt	-0.19	-0.8	-0.41	-0.85	-0.8	-0.78	-0.81	-0.7		-0.8	-0.43	-0.88	-0.76	-0.22	-0.64	-0.56	0.21	-0.32	-0.59	0.27	0.65	-0.83	-0.72	-0.63	-0.67	-0.49
Retained Earnings	0.0	0.87	0.49	0.91	0.81	0.87	0.89	0.7	-0.8		0.36	0.8	0.85	0.43	0.6	0.61	-0.38	0.26	0.63	0.2	-0.77	0.85	0.72	0.67	0.64	0.53
Accounts Payable	0.68	0.64	0.5	0.3	0.66	0.63	0.62	0.65	-0.43	0.36		0.25	0.65	0.29	0.4	0.33	-0.42	0.3	0.71	-0.17	-0.21	0.65	0.48	0.54	0.79	0.92
Cash	0.08	0.73	0.49	0.86	0.62	0.72	0.75	0.54	-0.88	0.8	0.25		0.76	0.5	0.37	0.43	-0.45	0.58	0.45	-0.21	-0.47	0.74	0.49	0.65	0.53	0.41
Non Current Assets Total	0.3	0.98	0.53	0.77	0.89	0.97	0.97	0.86	-0.76	0.85	0.65	0.76		0.48	0.56	0.57	-0.44	0.41	0.81	-0.09	-0.55	0.97	0.69	0.69	0.77	0.75
Non Currrent Assets Other	-0.11	0.37	0.34	0.52	0.26	0.37	0.38	0.26	-0.22	0.43	0.29	0.5	0.48		-0.08	-0.02	-0.96	0.48	0.38	0.15	0.05	0.38	0.03	0.32	0.24	0.39
Cash And Short Term Investments	-0.05	0.72	-0.13	0.52	0.82	0.72	0.72	0.83	-0.64	0.6	0.4	0.37	0.56	-0.08		0.58	0.14	-0.34	0.72	0.0	-0.78	0.72	0.97	0.07	0.42	0.32
Net Receivables	-0.01	0.65	0.13	0.56	0.7	0.64	0.68	0.58	-0.56	0.61	0.33	0.43	0.57	-0.02	0.58		0.05	-0.07	0.34	0.27	-0.66	0.67	0.72	0.35	0.6	0.35
Good Will	-0.08	-0.33	-0.48	-0.47	-0.22	-0.33	-0.34	-0.2	0.21	-0.38	-0.42	-0.45	-0.44	-0.96	0.14	0.05		-0.58	-0.34	-0.1	-0.1	-0.33	0.02	-0.43	-0.32	-0.52
Non Current Liabilities Total	0.58	0.26	0.82	0.28	0.03	0.27	0.26	0.01	-0.32	0.26	0.3	0.58	0.41	0.48	-0.34	-0.07	-0.58		0.03	-0.35	0.2	0.23	-0.2	0.73	0.33	0.5
Inventory	0.23	0.85	0.22	0.53	0.86	0.85	0.81	0.94	-0.59	0.63	0.71	0.45	0.81	0.38	0.72	0.34	-0.34	0.03		-0.13	-0.42	0.85	0.75	0.33	0.56	0.62
Other Current Assets	-0.51	-0.06	-0.09	0.02	-0.03	-0.05	0.0	-0.08	0.27	0.2	-0.17	-0.21	-0.09	0.15	0.0	0.27	-0.1	-0.35	-0.13		-0.23	-0.08	0.05	-0.13	-0.05	-0.12
Other Stockholder Equity	0.16	-0.67	-0.07	-0.7	-0.73	-0.66	-0.7	-0.59	0.65	-0.77	-0.21	-0.47	-0.55	0.05	-0.78	-0.66	-0.1	0.2	-0.42	-0.23		-0.67	-0.81	-0.33	-0.52	-0.34
Total Liab	0.21	0.99	0.37	0.8	0.98	0.98	0.98	0.93	-0.83	0.85	0.65	0.74	0.97	0.38	0.72	0.67	-0.33	0.23	0.85	-0.08	-0.67		0.83	0.58	0.79	0.7
Total Current Assets	0.01	0.83	0.03	0.64	0.9	0.83	0.83	0.88	-0.72	0.72	0.48	0.49	0.69	0.03	0.97	0.72	0.02	-0.2	0.75	0.05	-0.81	0.83		0.24	0.56	0.44
Short Term Debt	0.61	0.6	0.94	0.59	0.47	0.6	0.6	0.34	-0.63	0.67	0.54	0.65	0.69	0.32	0.07	0.35	-0.43	0.73	0.33	-0.13	-0.33	0.58	0.24		0.73	0.76
Common Stock	0.47	0.76	0.56	0.63	0.77	0.74	0.78	0.6	-0.67	0.64	0.79	0.53	0.77	0.24	0.42	0.6	-0.32	0.33	0.56	-0.05	-0.52	0.79	0.56	0.73		0.84
Intangible Assets	0.68	0.71	0.7	0.46	0.65	0.7	0.7	0.58	-0.49	0.53	0.92	0.41	0.75	0.39	0.32	0.35	-0.52	0.5	0.62	-0.12	-0.34	0.7	0.44	0.76	0.84

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China Mobile Account Relationship Matchups

China Mobile fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	4.1B	4.1B	4.1B	4.3B	21.4B	22.5B
Total Assets	1.6T	1.7T	1.8T	1.9T	2.0T	1.2T
Other Current Liab	147.3B	172.7B	239.0B	216.4B	79.0B	93.6B
Total Current Liabilities	462.1B	517.3B	582.1B	533.3B	558.6B	367.8B
Total Stockholder Equity	1.1T	1.1T	1.2T	1.3T	1.3T	805.5B
Property Plant And Equipment Net	817.1B	842.3B	850.4B	895.0B	883.9B	599.3B
Current Deferred Revenue	132.8B	127.2B	152.4B	164.4B	189.0B	101.7B
Net Debt	(101.6B)	(146.1B)	(187.0B)	(110.8B)	(99.7B)	(104.7B)
Accounts Payable	164.8B	168.0B	152.7B	286.1B	324.0B	340.2B
Cash	175.9B	212.7B	243.9B	223.5B	141.6B	110.0B
Non Current Assets Total	1.1T	1.1T	1.2T	1.4T	1.5T	805.9B
Non Currrent Assets Other	27.6B	45.2B	34.2B	457.3B	11.9B	11.3B
Cash And Short Term Investments	421.0B	451.7B	499.9B	331.8B	381.6B	322.6B
Net Receivables	73.2B	90.3B	54.0B	42.8B	54.9B	39.7B
Liabilities And Stockholders Equity	1.6T	1.7T	1.8T	1.9T	2.2T	1.2T
Non Current Liabilities Total	59.9B	57.8B	48.9B	100.8B	88.1B	92.5B
Inventory	7.3B	8.0B	10.2B	11.7B	12.0B	7.4B
Other Current Assets	20.3B	18.4B	442M	19.5B	6.1B	5.8B
Total Liab	522.0B	575.1B	631.0B	634.1B	646.7B	406.2B
Total Current Assets	529.9B	579.7B	595.4B	456.4B	498.1B	408.0B
Accumulated Other Comprehensive Income	650.3B	701.6B	746.8B	804.2B	924.9B	971.1B
Intangible Assets	30.9B	23.4B	23.9B	47.8B	49.9B	52.4B
Short Term Investments	245.1B	239.0B	255.9B	108.3B	222.4B	297.2B

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Other Information on Investing in China Stock

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

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China Change In Cash vs Depreciation Analysis

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

Correlation Coefficient

Change In Cash

Depreciation

China Mobile fundamental ratios Correlations

China Mobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Mobile fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Good Will	- 0.96	Non Currrent Assets Other
Cash	- 0.88	Net Debt
Net Debt	- 0.85	Other Current Liab
Total Liab	- 0.83	Net Debt
Total Current Assets	- 0.81	Other Stockholder Equity
Net Debt	- 0.81	Property Plant And Equipment Net