Tangshan Other Current Liab vs Deferred Long Term Liab Analysis

601000 Stock   4.53  0.02  0.44%   
Tangshan Port financial indicator trend analysis is much more than just breaking down Tangshan Port Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangshan Port Group is a good investment. Please check the relationship between Tangshan Port Other Current Liab and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangshan Port Group. 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.

Other Current Liab vs Deferred Long Term Liab

Other Current Liab vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tangshan Port Group Other Current Liab account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tangshan Port's Other Current Liab and Deferred Long Term Liab is -0.63. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Tangshan Port Group, assuming nothing else is changed. The correlation between historical values of Tangshan Port's Other Current Liab and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Tangshan Port Group are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Liab i.e., Tangshan Port's Other Current Liab and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Tangshan Port's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangshan Port Group 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 Tangshan Port Group. 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 140.8 M, whereas Tax Provision is forecasted to decline to about 433.7 M.
 2021 2022 2023 2024 (projected)
Operating Income1.8B1.7B2.0B1.6B
Total Revenue6.1B5.6B5.8B6.6B

Tangshan Port fundamental ratios Correlations

0.530.470.960.840.95-0.370.860.58-0.530.430.270.280.140.970.950.830.830.41-0.190.91-0.710.83-0.710.7-0.24
0.530.820.420.190.42-0.280.27-0.3-0.070.870.440.590.490.610.410.590.07-0.41-0.630.42-0.120.28-0.120.150.38
0.470.820.250.060.260.250.06-0.390.310.80.70.760.860.530.270.74-0.07-0.52-0.670.23-0.010.08-0.010.130.47
0.960.420.250.920.99-0.550.940.69-0.710.290.080.1-0.130.920.980.670.920.53-0.030.95-0.780.9-0.780.69-0.4
0.840.190.060.920.91-0.490.90.72-0.70.00.030.06-0.270.770.930.50.950.540.050.89-0.710.85-0.710.73-0.45
0.950.420.260.990.91-0.530.940.69-0.690.250.080.07-0.110.910.950.650.90.51-0.020.91-0.780.9-0.780.64-0.46
-0.37-0.280.25-0.55-0.49-0.53-0.62-0.430.85-0.050.420.30.64-0.36-0.50.05-0.53-0.33-0.04-0.550.51-0.630.51-0.240.4
0.860.270.060.940.90.94-0.620.76-0.760.07-0.13-0.09-0.320.780.910.460.930.620.180.89-0.830.92-0.830.53-0.58
0.58-0.3-0.390.690.720.69-0.430.76-0.72-0.32-0.37-0.44-0.510.480.650.220.860.950.450.65-0.70.76-0.70.56-0.72
-0.53-0.070.31-0.71-0.7-0.690.85-0.76-0.720.090.480.410.69-0.48-0.65-0.09-0.79-0.63-0.14-0.720.75-0.790.75-0.520.62
0.430.870.80.290.00.25-0.050.07-0.320.090.520.60.580.540.280.59-0.05-0.34-0.560.3-0.030.12-0.030.110.51
0.270.440.70.080.030.080.42-0.13-0.370.480.520.840.750.340.130.59-0.15-0.43-0.560.030.15-0.120.150.220.67
0.280.590.760.10.060.070.3-0.09-0.440.410.60.840.740.40.210.53-0.11-0.51-0.70.170.17-0.040.170.270.73
0.140.490.86-0.13-0.27-0.110.64-0.32-0.510.690.580.750.740.2-0.10.59-0.38-0.56-0.6-0.150.31-0.270.31-0.010.62
0.970.610.530.920.770.91-0.360.780.48-0.480.540.340.40.20.910.830.750.33-0.270.89-0.630.77-0.630.7-0.12
0.950.410.270.980.930.95-0.50.910.65-0.650.280.130.21-0.10.910.660.920.49-0.070.98-0.750.88-0.750.72-0.3
0.830.590.740.670.50.650.050.460.22-0.090.590.590.530.590.830.660.450.09-0.460.61-0.390.45-0.390.650.15
0.830.07-0.070.920.950.9-0.530.930.86-0.79-0.05-0.15-0.11-0.380.750.920.450.720.180.91-0.820.9-0.820.72-0.58
0.41-0.41-0.520.530.540.51-0.330.620.95-0.63-0.34-0.43-0.51-0.560.330.490.090.720.570.51-0.60.6-0.60.45-0.65
-0.19-0.63-0.67-0.030.05-0.02-0.040.180.45-0.14-0.56-0.56-0.7-0.6-0.27-0.07-0.460.180.57-0.12-0.06-0.03-0.06-0.34-0.61
0.910.420.230.950.890.91-0.550.890.65-0.720.30.030.17-0.150.890.980.610.910.51-0.12-0.790.9-0.790.74-0.29
-0.71-0.12-0.01-0.78-0.71-0.780.51-0.83-0.70.75-0.030.150.170.31-0.63-0.75-0.39-0.82-0.6-0.06-0.79-0.861.0-0.520.59
0.830.280.080.90.850.9-0.630.920.76-0.790.12-0.12-0.04-0.270.770.880.450.90.6-0.030.9-0.86-0.860.59-0.51
-0.71-0.12-0.01-0.78-0.71-0.780.51-0.83-0.70.75-0.030.150.170.31-0.63-0.75-0.39-0.82-0.6-0.06-0.791.0-0.86-0.520.59
0.70.150.130.690.730.64-0.240.530.56-0.520.110.220.27-0.010.70.720.650.720.45-0.340.74-0.520.59-0.52-0.04
-0.240.380.47-0.4-0.45-0.460.4-0.58-0.720.620.510.670.730.62-0.12-0.30.15-0.58-0.65-0.61-0.290.59-0.510.59-0.04
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Tangshan Port Account Relationship Matchups

Tangshan Port fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.7B24.6B23.7B23.3B23.8B20.2B
Other Current Liab2.0B2.1B1.5B1.4B23.8M22.6M
Total Current Liabilities4.6B4.1B3.3B2.1B1.7B1.7B
Total Stockholder Equity17.1B18.4B18.5B19.2B20.0B13.7B
Other Liab615.8M686.3M634.6M653.1M751.0M400.6M
Retained Earnings7.5B8.8B8.8B9.3B8.3B5.8B
Accounts Payable1.3B399.7M193.9M213.9M884.4M761.7M
Cash3.9B5.1B5.3B6.8B5.6B3.6B
Other Assets230.8M378.8M643.2M806.6M927.5M973.9M
Long Term Debt1.1B1.6B1.3B133.5M120.2M114.1M
Net Receivables1.5B458.1M910.0M387.0M250.1M237.6M
Inventory751.8M218.0M105.5M103.5M87.1M82.8M
Other Current Assets598.8M274.6M110.8M97.1M32.1M30.5M
Total Liab6.3B4.9B3.9B2.8B2.4B3.9B
Intangible Assets1.9B1.9B1.6B1.7B1.7B1.3B
Property Plant Equipment13.2B12.6B9.9B9.4B10.8B11.2B
Net Tangible Assets15.2B16.6B16.9B17.5B20.1B15.7B
Other Stockholder Equity53.9M33.0M115.7M227.5M261.7M274.7M
Deferred Long Term Liab10.6M13.9M23.6M34.0M39.1M21.7M
Total Current Assets6.9B7.1B8.7B8.1B6.7B7.3B
Non Current Assets Total17.8B17.5B15.1B15.2B17.2B17.9B
Non Currrent Assets Other49.3M181.1M429.1M584.1M2.9B3.0B
Non Current Liabilities Total1.6B819.8M636.6M654.7M663.0M904.3M
Non Current Liabilities Other36.7M37.0M38.4M39.9M35.9M31.4M
Net Invested Capital18.2B18.6B18.5B19.2B20.0B20.1B
Net Working Capital2.2B3.0B5.4B6.0B4.9B3.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Tangshan Stock

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