Gem Other Current Assets vs Other Liab Analysis

601002 Stock   4.49  0.03  0.67%   
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 Other Current Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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 Assets vs Other Liab

Other Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gem Year Industrial Other Current Assets account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gem Year's Other Current Assets and Other Liab is -0.05. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Liab 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 Other Current Assets and Other 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 Assets of Gem Year Industrial Co are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Assets i.e., Gem Year's Other Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Liab

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. 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 60.3 M.
 2022 2023 2024 2025 (projected)
Operating Income139.8M24.9M28.6M27.2M
Total Revenue2.7B2.3B2.7B2.7B

Gem Year fundamental ratios Correlations

-0.280.010.890.70.670.290.710.570.860.850.040.050.940.690.51-0.550.440.320.70.710.6-0.630.610.650.01
-0.280.63-0.4-0.43-0.10.11-0.55-0.63-0.2-0.180.240.36-0.35-0.03-0.57-0.03-0.31-0.23-0.34-0.36-0.520.51-0.45-0.46-0.23
0.010.63-0.31-0.350.510.52-0.43-0.60.190.10.320.76-0.180.34-0.62-0.03-0.3-0.06-0.32-0.35-0.460.48-0.46-0.34-0.11
0.89-0.4-0.310.870.40.00.830.540.630.61-0.23-0.40.970.430.54-0.40.610.350.910.920.68-0.710.760.74-0.09
0.7-0.43-0.350.870.26-0.080.940.410.360.47-0.37-0.50.830.220.43-0.370.610.470.920.930.8-0.780.780.840.02
0.67-0.10.510.40.260.550.280.210.680.660.410.50.480.450.02-0.230.280.150.260.260.32-0.330.20.460.07
0.290.110.520.0-0.080.55-0.10.040.340.430.280.620.090.5-0.03-0.19-0.360.04-0.11-0.13-0.060.1-0.2-0.02-0.1
0.71-0.55-0.430.830.940.28-0.10.540.460.5-0.34-0.420.810.250.55-0.460.630.510.830.840.86-0.840.820.850.14
0.57-0.63-0.60.540.410.210.040.540.440.610.17-0.110.520.210.83-0.40.320.080.310.350.63-0.660.50.550.32
0.86-0.20.190.630.360.680.340.460.440.750.090.350.720.830.34-0.420.190.310.390.390.32-0.350.320.37-0.02
0.85-0.180.10.610.470.660.430.50.610.750.430.350.640.610.56-0.560.170.070.330.360.52-0.550.360.530.14
0.040.240.32-0.23-0.370.410.28-0.340.170.090.430.58-0.24-0.1-0.01-0.05-0.12-0.57-0.47-0.42-0.05-0.03-0.16-0.090.2
0.050.360.76-0.4-0.50.50.62-0.42-0.110.350.350.58-0.250.44-0.21-0.21-0.47-0.12-0.58-0.59-0.310.33-0.47-0.310.21
0.94-0.35-0.180.970.830.480.090.810.520.720.64-0.24-0.250.570.52-0.470.570.460.870.870.63-0.640.710.71-0.05
0.69-0.030.340.430.220.450.50.250.210.830.61-0.10.440.570.26-0.41-0.220.360.240.20.08-0.060.120.070.02
0.51-0.57-0.620.540.430.02-0.030.550.830.340.56-0.01-0.210.520.26-0.590.20.10.310.340.53-0.560.490.450.27
-0.55-0.03-0.03-0.4-0.37-0.23-0.19-0.46-0.4-0.42-0.56-0.05-0.21-0.47-0.41-0.59-0.21-0.14-0.26-0.27-0.380.38-0.34-0.34-0.23
0.44-0.31-0.30.610.610.28-0.360.630.320.190.17-0.12-0.470.57-0.220.2-0.210.150.620.660.51-0.520.50.62-0.16
0.32-0.23-0.060.350.470.150.040.510.080.310.07-0.57-0.120.460.360.1-0.140.150.50.450.39-0.290.350.510.16
0.7-0.34-0.320.910.920.26-0.110.830.310.390.33-0.47-0.580.870.240.31-0.260.620.51.00.68-0.690.760.77-0.13
0.71-0.36-0.350.920.930.26-0.130.840.350.390.36-0.42-0.590.870.20.34-0.270.660.451.00.72-0.730.780.79-0.12
0.6-0.52-0.460.680.80.32-0.060.860.630.320.52-0.05-0.310.630.080.53-0.380.510.390.680.72-0.990.860.910.42
-0.630.510.48-0.71-0.78-0.330.1-0.84-0.66-0.35-0.55-0.030.33-0.64-0.06-0.560.38-0.52-0.29-0.69-0.73-0.99-0.88-0.9-0.39
0.61-0.45-0.460.760.780.2-0.20.820.50.320.36-0.16-0.470.710.120.49-0.340.50.350.760.780.86-0.880.730.4
0.65-0.46-0.340.740.840.46-0.020.850.550.370.53-0.09-0.310.710.070.45-0.340.620.510.770.790.91-0.90.730.22
0.01-0.23-0.11-0.090.020.07-0.10.140.32-0.020.140.20.21-0.050.020.27-0.23-0.160.16-0.13-0.120.42-0.390.40.22
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Gem Year Account Relationship Matchups

Gem Year fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.0B5.4B5.3B5.2B6.0B4.1B
Other Current Liab51.6M119.4M88.7M21.5M19.3M18.4M
Total Current Liabilities958.5M1.2B811.2M847.0M974.1M1.2B
Total Stockholder Equity4.0B4.1B4.3B4.2B4.8B2.4B
Retained Earnings1.3B1.5B1.6B1.2B1.4B1.5B
Accounts Payable855.0M942.1M486.1M736.6M847.1M700.0M
Cash43.2M291.9M114.6M154.2M177.3M184.9M
Other Assets144.6M163.5M138.0M153.9M177.0M185.9M
Net Receivables667.1M630.3M694.3M838.0M963.7M600.6M
Inventory1.4B1.8B1.7B1.4B1.6B1.4B
Other Current Assets204.5M250.3M119.4M2.2M2.6M2.4M
Total Liab988.2M1.2B983.6M1.0B1.2B1.5B
Property Plant Equipment1.2B931.6M1.3B1.5B1.7B1.3B
Intangible Assets72.6M107.3M98.5M95.6M110.0M64.7M
Other Liab50.9M29.7M26.1M22.4M20.2M19.2M
Short Term Investments730.3M179.5M149.2M210.9M242.5M148.5M
Net Tangible Assets2.6B3.9B4.0B4.2B4.8B3.3B
Other Stockholder Equity32.3M65.4M65.3M69.8M80.3M43.4M
Total Current Assets3.2B3.3B2.9B3.0B3.4B3.2B
Non Current Assets Total1.7B2.1B2.3B2.3B2.6B2.0B
Non Currrent Assets Other79.5M33.0M8.7M642K577.8K548.9K
Non Current Liabilities Total29.7M26.1M172.4M202.6M182.3M332.7M
Common Stock Shares Outstanding951.2M959.3M959.3M956.7M1.1B975.0M
Net Invested Capital4.0B4.1B4.4B4.2B4.8B3.8B
Net Working Capital2.3B2.1B2.1B2.1B2.4B2.3B
Capital Stock951.2M959.3M959.3M956.7M1.1B992.2M
Property Plant And Equipment Net931.6M1.3B1.5B1.4B1.6B1.4B
Property Plant And Equipment Gross3.0B3.3B1.5B3.6B3.2B2.3B

Currently Active Assets on Macroaxis

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.