Chifeng Long Term Debt vs Intangible Assets Analysis

600988 Stock

16.84 0.27 1.58%

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

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chifeng Jilong Gold Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Chifeng Jilong's Long Term Debt and Intangible Assets is 0.66. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Chifeng Jilong Gold, assuming nothing else is changed. The correlation between historical values of Chifeng Jilong's Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Chifeng Jilong Gold are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Chifeng Jilong's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Chifeng Jilong Gold has held for over one year. Long-term debt appears on Chifeng Jilong Gold balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Chifeng Jilong Gold balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

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

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

As of November 29, 2024, Selling General Administrative is expected to decline to about 89.5 M. In addition to that, Tax Provision is expected to decline to about 173.1 M

	2021	2022	2023	2024 (projected)
Operating Income	841.0M	984.8M	1.5B	1.5B
Total Revenue	3.8B	6.3B	7.2B	7.6B

Operating Income Total Revenue

Chifeng Jilong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Long Term Debt	Other Liab	Net Tangible Assets	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.21	0.98	0.95	0.96	0.92	0.74	0.51	0.79	0.89	0.24	0.99	0.95	0.86	0.85	0.14	0.74	0.66	0.75	-0.85	-0.83	-0.81	-0.16	0.87	0.96	0.1
Other Current Liab	-0.21		-0.3	-0.04	-0.06	-0.08	0.18	0.5	-0.28	0.01	0.14	-0.25	-0.44	0.18	0.27	-0.62	-0.02	0.42	0.06	-0.1	-0.25	-0.27	-0.17	0.15	-0.4	0.45
Total Current Liabilities	0.98	-0.3		0.91	0.92	0.87	0.68	0.47	0.79	0.85	0.23	0.97	0.96	0.8	0.77	0.24	0.7	0.54	0.69	-0.77	-0.73	-0.72	-0.1	0.79	0.96	0.01
Total Stockholder Equity	0.95	-0.04	0.91		0.98	0.86	0.86	0.62	0.66	0.86	0.34	0.89	0.83	0.94	0.88	0.09	0.74	0.65	0.84	-0.9	-0.87	-0.87	-0.03	0.89	0.84	0.26
Retained Earnings	0.96	-0.06	0.92	0.98		0.87	0.88	0.53	0.64	0.82	0.2	0.91	0.87	0.9	0.85	0.06	0.75	0.66	0.86	-0.94	-0.9	-0.86	-0.16	0.91	0.89	0.24
Accounts Payable	0.92	-0.08	0.87	0.86	0.87		0.66	0.52	0.73	0.88	0.3	0.93	0.85	0.82	0.84	0.08	0.86	0.74	0.73	-0.81	-0.86	-0.85	-0.22	0.88	0.87	0.01
Cash	0.74	0.18	0.68	0.86	0.88	0.66		0.56	0.26	0.54	-0.02	0.66	0.63	0.78	0.71	-0.13	0.51	0.57	0.89	-0.96	-0.89	-0.77	-0.29	0.83	0.64	0.58
Other Assets	0.51	0.5	0.47	0.62	0.53	0.52	0.56		0.39	0.62	0.46	0.47	0.3	0.68	0.75	-0.26	0.42	0.7	0.54	-0.53	-0.63	-0.62	-0.05	0.65	0.32	0.39
Net Receivables	0.79	-0.28	0.79	0.66	0.64	0.73	0.26	0.39		0.89	0.52	0.83	0.72	0.68	0.73	0.08	0.59	0.59	0.32	-0.41	-0.49	-0.63	0.05	0.61	0.77	-0.21
Inventory	0.89	0.01	0.85	0.86	0.82	0.88	0.54	0.62	0.89		0.6	0.89	0.73	0.9	0.94	-0.02	0.79	0.78	0.59	-0.66	-0.75	-0.87	0.01	0.83	0.78	-0.02
Other Current Assets	0.24	0.14	0.23	0.34	0.2	0.3	-0.02	0.46	0.52	0.6		0.22	0.03	0.52	0.5	0.06	0.46	0.32	0.15	-0.02	-0.12	-0.45	0.63	0.3	0.06	-0.12
Total Liab	0.99	-0.25	0.97	0.89	0.91	0.93	0.66	0.47	0.83	0.89	0.22		0.96	0.81	0.82	0.13	0.73	0.67	0.68	-0.79	-0.8	-0.78	-0.2	0.84	0.98	0.03
Intangible Assets	0.95	-0.44	0.96	0.83	0.87	0.85	0.63	0.3	0.72	0.73	0.03	0.96		0.67	0.65	0.3	0.66	0.48	0.66	-0.76	-0.7	-0.62	-0.22	0.74	0.99	-0.03
Common Stock	0.86	0.18	0.8	0.94	0.9	0.82	0.78	0.68	0.68	0.9	0.52	0.81	0.67		0.96	-0.06	0.74	0.77	0.77	-0.83	-0.86	-0.95	0.0	0.9	0.7	0.32
Property Plant Equipment	0.85	0.27	0.77	0.88	0.85	0.84	0.71	0.75	0.73	0.94	0.5	0.82	0.65	0.96		-0.21	0.73	0.89	0.68	-0.79	-0.88	-0.93	-0.1	0.9	0.69	0.26
Short Term Investments	0.14	-0.62	0.24	0.09	0.06	0.08	-0.13	-0.26	0.08	-0.02	0.06	0.13	0.3	-0.06	-0.21		0.18	-0.47	0.05	0.09	0.23	0.19	0.41	-0.13	0.22	-0.42
Long Term Debt	0.74	-0.02	0.7	0.74	0.75	0.86	0.51	0.42	0.59	0.79	0.46	0.73	0.66	0.74	0.73	0.18		0.63	0.72	-0.67	-0.72	-0.77	-0.03	0.81	0.67	-0.2
Other Liab	0.66	0.42	0.54	0.65	0.66	0.74	0.57	0.7	0.59	0.78	0.32	0.67	0.48	0.77	0.89	-0.47	0.63		0.55	-0.68	-0.85	-0.82	-0.35	0.82	0.54	0.28
Net Tangible Assets	0.75	0.06	0.69	0.84	0.86	0.73	0.89	0.54	0.32	0.59	0.15	0.68	0.66	0.77	0.68	0.05	0.72	0.55		-0.91	-0.85	-0.79	-0.11	0.9	0.66	0.43
Good Will	-0.85	-0.1	-0.77	-0.9	-0.94	-0.81	-0.96	-0.53	-0.41	-0.66	-0.02	-0.79	-0.76	-0.83	-0.79	0.09	-0.67	-0.68	-0.91		0.96	0.85	0.32	-0.91	-0.77	-0.45
Other Stockholder Equity	-0.83	-0.25	-0.73	-0.87	-0.9	-0.86	-0.89	-0.63	-0.49	-0.75	-0.12	-0.8	-0.7	-0.86	-0.88	0.23	-0.72	-0.85	-0.85	0.96		0.9	0.37	-0.95	-0.73	-0.4
Deferred Long Term Liab	-0.81	-0.27	-0.72	-0.87	-0.86	-0.85	-0.77	-0.62	-0.63	-0.87	-0.45	-0.78	-0.62	-0.95	-0.93	0.19	-0.77	-0.82	-0.79	0.85	0.9		0.12	-0.94	-0.67	-0.36
Long Term Investments	-0.16	-0.17	-0.1	-0.03	-0.16	-0.22	-0.29	-0.05	0.05	0.01	0.63	-0.2	-0.22	0.0	-0.1	0.41	-0.03	-0.35	-0.11	0.32	0.37	0.12		-0.23	-0.24	-0.14
Total Current Assets	0.87	0.15	0.79	0.89	0.91	0.88	0.83	0.65	0.61	0.83	0.3	0.84	0.74	0.9	0.9	-0.13	0.81	0.82	0.9	-0.91	-0.95	-0.94	-0.23		0.77	0.33
Non Current Assets Total	0.96	-0.4	0.96	0.84	0.89	0.87	0.64	0.32	0.77	0.78	0.06	0.98	0.99	0.7	0.69	0.22	0.67	0.54	0.66	-0.77	-0.73	-0.67	-0.24	0.77		-0.02
Non Currrent Assets Other	0.1	0.45	0.01	0.26	0.24	0.01	0.58	0.39	-0.21	-0.02	-0.12	0.03	-0.03	0.32	0.26	-0.42	-0.2	0.28	0.43	-0.45	-0.4	-0.36	-0.14	0.33	-0.02

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Chifeng Jilong Account Relationship Matchups

Chifeng Jilong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.8B	7.2B	8.1B	17.5B	18.7B	19.7B
Other Current Liab	549.0M	584.6M	583.0M	298.4K	1.2M	1.1M
Total Current Liabilities	1.5B	1.1B	1.3B	3.3B	3.7B	3.9B
Total Stockholder Equity	2.9B	4.1B	4.6B	5.2B	6.2B	6.5B
Retained Earnings	1.4B	2.2B	2.8B	3.1B	3.8B	4.0B
Accounts Payable	434.3M	178.0M	440.4M	851.4M	552.5M	580.1M
Cash	531.2M	2.1B	1.8B	1.3B	1.7B	1.7B
Other Assets	213.8M	262.6M	252.3M	191.4M	220.2M	123.1M
Net Receivables	426.6M	8.0M	25.3M	368.9M	513.2M	538.9M
Inventory	2.2B	771.8M	1.4B	2.2B	2.4B	2.5B
Other Current Assets	183.2M	48.9M	95.7M	89.1M	103.1M	61.5M
Total Liab	4.5B	2.8B	3.1B	10.1B	10.2B	10.7B
Intangible Assets	649.5M	757.3M	1.2B	6.7B	6.5B	6.9B
Property Plant Equipment	3.3B	3.2B	2.6B	2.9B	3.3B	3.5B
Long Term Debt	766.1M	768.1M	26.1M	1.5B	1.4B	719.4M
Other Liab	3.0B	2.1B	1.7B	1.7B	2.0B	1.3B
Net Tangible Assets	1.2B	1.9B	3.3B	3.4B	3.9B	2.3B
Other Stockholder Equity	(264.5M)	(232.3M)	(380.3M)	(430.3M)	(387.2M)	(367.9M)
Deferred Long Term Liab	38.8M	3.5M	7.0M	2.9M	2.6M	2.5M
Total Current Assets	3.3B	3.6B	3.8B	4.1B	4.9B	3.4B
Non Current Assets Total	4.4B	3.6B	4.3B	13.4B	13.8B	14.5B
Non Currrent Assets Other	180.8M	2.8B	178.2M	141.1M	208.8M	198.4M
Non Current Liabilities Total	3.0B	1.7B	1.7B	6.9B	6.5B	3.4B
Short Long Term Debt	158.9M	385.1M	165.0M	488.4M	850.0M	892.5M
Non Current Liabilities Other	1.7B	1.7B	1.7B	2.6B	2.4B	1.7B
Net Invested Capital	4.1B	4.3B	4.6B	7.2B	8.4B	5.6B
Net Working Capital	1.8B	2.5B	2.4B	829.6M	1.2B	1.3B

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

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Chifeng Long Term Debt vs Intangible Assets Analysis

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Intangible Assets

Chifeng Jilong fundamental ratios Correlations

Chifeng Jilong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chifeng Jilong fundamental ratios Accounts

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Other Information on Investing in Chifeng Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Intangible Assets
Total Current Liabilities	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Total Liab
Total Liab	+ 0.97	Total Current Liabilities

Good Will	- 0.96	Cash
Total Current Assets	- 0.95	Other Stockholder Equity
Deferred Long Term Liab	- 0.95	Common Stock
Total Current Assets	- 0.94	Deferred Long Term Liab
Good Will	- 0.94	Retained Earnings
Deferred Long Term Liab	- 0.93	Property Plant Equipment