Gem Deferred Long Term Liab vs Short Term Investments Analysis

601002 Stock   4.40  0.08  1.79%   
Gem Year financial indicator trend analysis is much more than just examining Gem Year Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gem Year Industrial is a good investment. Please check the relationship between Gem Year Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gem Year Industrial Co. 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.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gem Year Industrial Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gem Year's Deferred Long Term Liab and Short Term Investments is 0.49. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Gem Year Industrial Co, assuming nothing else is changed. The correlation between historical values of Gem Year's Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Gem Year Industrial Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Gem Year's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Gem Year balance sheet. It contains any investments Gem Year Industrial Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Gem Year Industrial can easily liquidate in the marketplace.
Most indicators from Gem Year's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gem Year Industrial 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 Gem Year Industrial Co. 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 Discontinued Operations is expected to grow to about 763.4 K, whereas Selling General Administrative is forecasted to decline to about 67 M.
 2021 2022 2023 2024 (projected)
Operating Income288.9M139.8M24.9M23.6M
Total Revenue2.9B2.7B2.3B2.7B

Gem Year fundamental ratios Correlations

-0.240.060.870.690.670.310.670.570.830.880.250.130.880.630.49-0.570.420.20.610.630.57-0.60.550.580.05
-0.240.63-0.38-0.4-0.080.12-0.53-0.63-0.15-0.160.20.35-0.33-0.01-0.56-0.05-0.29-0.24-0.3-0.32-0.50.49-0.43-0.43-0.25
0.060.63-0.3-0.360.530.52-0.43-0.610.270.110.310.76-0.180.35-0.61-0.03-0.29-0.13-0.32-0.35-0.460.47-0.46-0.33-0.13
0.87-0.38-0.30.890.37-0.010.820.560.530.63-0.06-0.370.950.370.52-0.410.620.30.880.90.68-0.710.740.68-0.06
0.69-0.4-0.360.890.23-0.090.920.420.270.48-0.25-0.50.810.160.42-0.360.620.410.910.930.79-0.780.760.820.02
0.67-0.080.530.370.230.560.230.180.690.650.530.540.420.4-0.02-0.220.260.060.190.20.28-0.30.150.430.08
0.310.120.52-0.01-0.090.56-0.120.030.370.430.310.630.070.49-0.03-0.19-0.37-0.03-0.14-0.16-0.070.11-0.22-0.03-0.1
0.67-0.53-0.430.820.920.23-0.120.540.380.47-0.27-0.40.80.220.52-0.450.620.550.820.840.86-0.830.810.810.18
0.57-0.63-0.610.560.420.180.030.540.440.590.22-0.110.520.20.83-0.40.30.080.30.340.63-0.660.50.540.33
0.83-0.150.270.530.270.690.370.380.440.780.330.470.640.80.3-0.420.130.210.240.250.26-0.290.220.230.02
0.88-0.160.110.630.480.650.430.470.590.780.520.370.590.570.55-0.550.15-0.060.280.320.5-0.530.330.530.14
0.250.20.31-0.06-0.250.530.31-0.270.220.330.520.57-0.16-0.030.07-0.09-0.06-0.66-0.38-0.320.02-0.12-0.070.090.17
0.130.350.76-0.37-0.50.540.63-0.4-0.110.470.370.57-0.250.46-0.19-0.23-0.45-0.22-0.59-0.59-0.30.31-0.46-0.270.19
0.88-0.33-0.180.950.810.420.070.80.520.640.59-0.16-0.250.550.47-0.470.540.510.860.860.62-0.620.690.59-0.02
0.63-0.010.350.370.160.40.490.220.20.80.57-0.030.460.550.22-0.41-0.270.380.190.150.05-0.020.09-0.070.04
0.49-0.56-0.610.520.42-0.02-0.030.520.830.30.550.07-0.190.470.22-0.590.180.040.260.290.51-0.540.460.420.29
-0.57-0.05-0.03-0.41-0.36-0.22-0.19-0.45-0.4-0.42-0.55-0.09-0.23-0.47-0.41-0.59-0.2-0.15-0.25-0.26-0.380.37-0.33-0.33-0.24
0.42-0.29-0.290.620.620.26-0.370.620.30.130.15-0.06-0.450.54-0.270.18-0.20.130.60.650.49-0.50.480.61-0.15
0.2-0.24-0.130.30.410.06-0.030.550.080.21-0.06-0.66-0.220.510.380.04-0.150.130.580.520.41-0.320.390.320.15
0.61-0.3-0.320.880.910.19-0.140.820.30.240.28-0.38-0.590.860.190.26-0.250.60.580.990.67-0.670.740.68-0.09
0.63-0.32-0.350.90.930.2-0.160.840.340.250.32-0.32-0.590.860.150.29-0.260.650.520.990.71-0.720.770.73-0.09
0.57-0.5-0.460.680.790.28-0.070.860.630.260.50.02-0.30.620.050.51-0.380.490.410.670.71-0.990.860.90.45
-0.60.490.47-0.71-0.78-0.30.11-0.83-0.66-0.29-0.53-0.120.31-0.62-0.02-0.540.37-0.5-0.32-0.67-0.72-0.99-0.87-0.9-0.42
0.55-0.43-0.460.740.760.15-0.220.810.50.220.33-0.07-0.460.690.090.46-0.330.480.390.740.770.86-0.870.680.44
0.58-0.43-0.330.680.820.43-0.030.810.540.230.530.09-0.270.59-0.070.42-0.330.610.320.680.730.9-0.90.680.26
0.05-0.25-0.13-0.060.020.08-0.10.180.330.020.140.170.19-0.020.040.29-0.24-0.150.15-0.09-0.090.45-0.420.440.26
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Gem Year Account Relationship Matchups

Gem Year fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B5.0B5.4B5.3B5.2B4.1B
Other Current Liab34.2M51.6M119.4M88.7M21.5M20.4M
Total Current Liabilities672.1M958.5M1.2B811.2M847.0M1.2B
Total Stockholder Equity2.7B4.0B4.1B4.3B4.2B2.4B
Retained Earnings790.4M1.3B1.5B1.6B1.2B1.3B
Accounts Payable575.7M855.0M942.1M486.1M736.6M700.0M
Cash167.2M43.2M291.9M114.6M154.2M184.9M
Other Assets144.6M163.5M138.0M153.9M177.0M185.9M
Net Receivables705.2M667.1M630.3M694.3M838.0M600.6M
Inventory1.5B1.4B1.8B1.7B1.4B1.4B
Other Current Assets235.8M204.5M250.3M119.4M2.2M2.1M
Total Liab1.3B988.2M1.2B983.6M1.0B1.5B
Property Plant Equipment1.2B931.6M1.3B1.5B1.7B1.3B
Intangible Assets103.2M72.6M107.3M98.5M95.6M64.7M
Other Liab50.9M29.7M26.1M22.4M20.2M19.2M
Short Term Investments140.6M730.3M179.5M149.2M210.9M148.5M
Net Tangible Assets2.6B3.9B4.0B4.2B4.8B3.3B
Other Stockholder Equity32.3M65.4M65.3M69.8M80.3M43.4M
Total Current Assets2.8B3.2B3.3B2.9B3.0B3.2B
Non Current Assets Total1.5B1.7B2.1B2.3B2.3B2.0B
Non Currrent Assets Other1.5B79.5M33.0M8.7M642K609.9K
Non Current Liabilities Total602.9M29.7M26.1M172.4M202.6M332.7M
Net Invested Capital2.7B4.0B4.1B4.4B4.2B3.8B
Net Working Capital2.1B2.3B2.1B2.1B2.1B2.3B

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Other Information on Investing in Gem Stock

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