Tibet Short Term Debt vs Good Will Analysis

601020 Stock   14.35  0.85  6.30%   
Tibet Huayu financial indicator trend analysis is much more than just breaking down Tibet Huayu Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tibet Huayu Mining is a good investment. Please check the relationship between Tibet Huayu Short Term Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tibet Huayu Mining. 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.

Short Term Debt vs Good Will

Short Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tibet Huayu Mining Short Term Debt account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tibet Huayu's Short Term Debt and Good Will is 0.81. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Tibet Huayu Mining, assuming nothing else is changed. The correlation between historical values of Tibet Huayu's Short Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Tibet Huayu Mining are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Debt i.e., Tibet Huayu's Short Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Tibet Huayu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tibet Huayu Mining 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 Tibet Huayu Mining. 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.
The current year's Tax Provision is expected to grow to about 19.9 M, whereas Selling General Administrative is forecasted to decline to about 71.8 M.
 2021 2022 2023 2024 (projected)
Operating Income232.2M76.4M117.7M166.2M
Total Revenue1.4B564.2M871.1M1.0B

Tibet Huayu fundamental ratios Correlations

0.440.890.990.860.990.63-0.150.130.64-0.12-0.920.39-0.260.980.970.830.970.30.57-0.94-0.650.12-0.90.940.34
0.440.350.440.340.470.11-0.160.230.2-0.16-0.32-0.21-0.120.380.40.090.390.080.37-0.38-0.02-0.21-0.340.460.34
0.890.350.830.790.830.72-0.40.160.33-0.19-0.820.34-0.440.940.90.790.880.10.53-0.73-0.37-0.18-0.630.850.29
0.990.440.830.840.990.62-0.020.060.68-0.17-0.880.4-0.210.950.940.830.970.410.5-0.95-0.660.21-0.920.910.28
0.860.340.790.840.830.72-0.31-0.050.39-0.4-0.910.69-0.470.840.820.610.850.270.46-0.9-0.43-0.16-0.720.960.15
0.990.470.830.990.830.63-0.040.060.67-0.12-0.890.39-0.180.940.940.80.950.360.51-0.95-0.690.21-0.930.920.27
0.630.110.720.620.720.63-0.14-0.430.13-0.51-0.630.7-0.430.650.580.540.70.340.15-0.62-0.27-0.13-0.450.69-0.3
-0.15-0.16-0.4-0.02-0.31-0.04-0.14-0.310.35-0.10.38-0.050.55-0.22-0.290.07-0.10.68-0.420.02-0.280.84-0.13-0.34-0.29
0.130.230.160.06-0.050.06-0.43-0.310.310.53-0.12-0.380.170.20.190.040.01-0.360.7-0.04-0.18-0.05-0.120.10.97
0.640.20.330.680.390.670.130.350.310.17-0.480.160.360.60.580.650.560.450.54-0.72-0.860.69-0.830.480.49
-0.12-0.16-0.19-0.17-0.4-0.12-0.51-0.10.530.170.03-0.520.29-0.150.02-0.14-0.29-0.640.270.19-0.350.2-0.04-0.220.48
-0.92-0.32-0.82-0.88-0.91-0.89-0.630.38-0.12-0.480.03-0.510.41-0.89-0.94-0.64-0.86-0.05-0.60.90.60.080.81-0.97-0.31
0.39-0.210.340.40.690.390.7-0.05-0.380.16-0.52-0.51-0.230.40.290.260.480.450.01-0.54-0.250.0-0.350.54-0.27
-0.26-0.12-0.44-0.21-0.47-0.18-0.430.550.170.360.290.41-0.23-0.28-0.33-0.16-0.310.27-0.090.15-0.320.72-0.1-0.40.13
0.980.380.940.950.840.940.65-0.220.20.6-0.15-0.890.4-0.280.960.860.960.280.61-0.89-0.590.06-0.830.920.38
0.970.40.90.940.820.940.58-0.290.190.580.02-0.940.29-0.330.960.810.910.090.6-0.88-0.630.03-0.850.920.38
0.830.090.790.830.610.80.540.070.040.65-0.14-0.640.26-0.160.860.810.820.390.34-0.74-0.60.33-0.740.650.19
0.970.390.880.970.850.950.7-0.10.010.56-0.29-0.860.48-0.310.960.910.820.430.45-0.89-0.520.1-0.820.910.2
0.30.080.10.410.270.360.340.68-0.360.45-0.64-0.050.450.270.280.090.390.43-0.18-0.41-0.230.57-0.380.2-0.26
0.570.370.530.50.460.510.15-0.420.70.540.27-0.60.01-0.090.610.60.340.45-0.18-0.54-0.47-0.11-0.510.60.81
-0.94-0.38-0.73-0.95-0.9-0.95-0.620.02-0.04-0.720.190.9-0.540.15-0.89-0.88-0.74-0.89-0.41-0.540.74-0.240.94-0.92-0.27
-0.65-0.02-0.37-0.66-0.43-0.69-0.27-0.28-0.18-0.86-0.350.6-0.25-0.32-0.59-0.63-0.6-0.52-0.23-0.470.74-0.660.88-0.52-0.35
0.12-0.21-0.180.21-0.160.21-0.130.84-0.050.690.20.080.00.720.060.030.330.10.57-0.11-0.24-0.66-0.47-0.120.02
-0.9-0.34-0.63-0.92-0.72-0.93-0.45-0.13-0.12-0.83-0.040.81-0.35-0.1-0.83-0.85-0.74-0.82-0.38-0.510.940.88-0.47-0.8-0.34
0.940.460.850.910.960.920.69-0.340.10.48-0.22-0.970.54-0.40.920.920.650.910.20.6-0.92-0.52-0.12-0.80.3
0.340.340.290.280.150.27-0.3-0.290.970.490.48-0.31-0.270.130.380.380.190.2-0.260.81-0.27-0.350.02-0.340.3
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Tibet Huayu Account Relationship Matchups

Tibet Huayu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.9B5.0B5.3B5.4B3.6B
Other Current Liab196.1M411.9M400.3M452.2M22.2M21.1M
Total Current Liabilities1.0B1.0B1.0B1.2B1.1B827.7M
Total Stockholder Equity2.2B2.5B2.7B2.9B2.9B1.9B
Other Liab92.7M211.8M208.5M218.8M251.6M264.2M
Retained Earnings1.2B1.3B1.4B1.6B1.4B981.4M
Accounts Payable191.2M133.2K331.1M539.5M408.6M429.0M
Cash63.8M32.8M79.0M195.7M174.7M147.3M
Other Assets328.1M310.3M35.2M36.7M42.2M40.0M
Long Term Debt619.5M508.1M435.6M404.7M453.6M435.5M
Net Receivables300.0M110.8M678.3K642.6K732.3K695.6K
Inventory55.7M53.2M64.9M177.5M267.7M281.1M
Other Current Assets59.1M26.3M15.1M19.4M7.6M7.2M
Total Liab1.7B1.7B1.7B1.8B1.9B1.4B
Intangible Assets2.1B2.2B2.1B2.1B2.1B1.4B
Common Stock525.9M555.1M555.3M562.3M646.7M511.5M
Property Plant Equipment1.6B1.8B2.0B2.3B2.7B1.3B
Net Tangible Assets125.0M350.2M536.6M744.5M856.2M513.2M
Other Stockholder Equity136.3M75.9M70.3M24.2M27.8M48.3M
Deferred Long Term Liab12.5M4.9M2.6M609.5K548.6K521.2K
Short Long Term Debt40M120M126.2M115M103.5M80.0M
Total Current Assets479.5M345.4M309.5M394.8M479.7M391.4M
Non Current Assets Total4.1B4.6B4.7B4.9B4.9B4.2B
Non Currrent Assets Other300.4M288.2M20.6M11.0M15.5M14.7M
Non Current Liabilities Total712.2M723.8M644.9M629.7M784.3M705.4M
Net Debt595.7M595.3M482.8M324.0M278.9M430.0M
Common Stock Shares Outstanding525.9M555.1M555.3M562.3M787.3M634.5M
Net Invested Capital2.8B3.1B3.2B3.4B3.4B3.3B
Net Working Capital(525.8M)(667.8M)(713.5M)(815.5M)(652.0M)(684.6M)
Capital Stock525.9M555.1M555.3M562.3M787.3M643.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Tibet Stock

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