China Long Term Debt vs Cash Analysis

601068 Stock

4.73 0.04 0.84%

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

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Aluminum Inter Long Term Debt account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between China Aluminum's Long Term Debt and Cash is -0.53. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of China Aluminum International, assuming nothing else is changed. The correlation between historical values of China Aluminum's Long Term Debt and Cash 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 China Aluminum International are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., China Aluminum's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that China Aluminum Inter has held for over one year. Long-term debt appears on China Aluminum International 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 China Aluminum International 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.

Cash

Cash refers to the most liquid asset of China Aluminum Inter, which is listed under current asset account on China Aluminum International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from China Aluminum customers. The amounts must be unrestricted with restricted cash listed in a different China Aluminum account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from China Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Aluminum Inter 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 China Aluminum International. 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 27, 2024, Selling General Administrative is expected to decline to about 256.6 M. The current year's Tax Provision is expected to grow to about (105.3 M)

	2021	2022	2023	2024 (projected)
Gross Profit	448.4M	3.0B	2.1B	2.0B
Total Revenue	1.1B	23.7B	22.3B	19.1B

Gross Profit Total Revenue

China Aluminum fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		0.74	0.95	0.56	-0.82	0.51	-0.31	0.87	-0.21	0.6	0.81	0.73	-0.87	0.72	0.91	-0.6	0.89	0.98	0.85	0.71	0.95	0.76	0.53	0.6	0.83	0.71
Other Current Liab	0.74		0.64	0.42	-0.62	0.34	-0.05	0.49	-0.15	0.51	0.71	0.53	-0.57	0.78	0.62	-0.52	0.56	0.72	0.63	0.42	0.63	0.26	0.5	0.3	0.4	0.68
Total Current Liabilities	0.95	0.64		0.65	-0.83	0.61	-0.28	0.92	-0.01	0.4	0.63	0.74	-0.91	0.57	0.95	-0.53	0.93	0.96	0.89	0.84	0.99	0.85	0.45	0.63	0.85	0.47
Total Stockholder Equity	0.56	0.42	0.65		-0.24	0.99	0.48	0.65	0.35	-0.07	0.07	0.83	-0.43	0.51	0.6	0.11	0.55	0.5	0.45	0.64	0.7	0.55	-0.2	0.05	0.39	0.03
Other Liab	-0.82	-0.62	-0.83	-0.24		-0.18	0.64	-0.63	0.31	-0.45	-0.79	-0.39	0.92	-0.56	-0.85	0.85	-0.85	-0.9	-0.93	-0.57	-0.77	-0.65	-0.78	-0.89	-0.83	-0.56
Net Tangible Assets	0.51	0.34	0.61	0.99	-0.18		0.52	0.65	0.36	-0.14	-0.02	0.8	-0.38	0.44	0.57	0.18	0.48	0.44	0.37	0.63	0.67	0.53	-0.3	-0.01	0.33	-0.04
Retained Earnings	-0.31	-0.05	-0.28	0.48	0.64	0.52		-0.09	0.39	-0.43	-0.58	0.24	0.43	-0.03	-0.26	0.81	-0.44	-0.42	-0.46	-0.08	-0.2	-0.3	-0.82	-0.8	-0.58	-0.4
Accounts Payable	0.87	0.49	0.92	0.65	-0.63	0.65	-0.09		-0.03	0.37	0.49	0.75	-0.83	0.37	0.9	-0.23	0.78	0.85	0.74	0.87	0.94	0.88	0.19	0.39	0.71	0.38
Cash	-0.21	-0.15	-0.01	0.35	0.31	0.36	0.39	-0.03		-0.43	-0.53	0.11	0.23	-0.17	-0.17	0.3	-0.03	-0.21	-0.22	0.18	0.0	-0.03	-0.25	-0.33	-0.13	-0.56
Other Assets	0.6	0.51	0.4	-0.07	-0.45	-0.14	-0.43	0.37	-0.43		0.85	0.42	-0.42	0.49	0.31	-0.49	0.41	0.58	0.45	0.01	0.37	0.28	0.54	0.35	0.44	0.87
Long Term Debt	0.81	0.71	0.63	0.07	-0.79	-0.02	-0.58	0.49	-0.53	0.85		0.39	-0.7	0.69	0.62	-0.78	0.68	0.82	0.75	0.28	0.59	0.44	0.79	0.65	0.7	0.93
Net Receivables	0.73	0.53	0.74	0.83	-0.39	0.8	0.24	0.75	0.11	0.42	0.39		-0.56	0.59	0.63	-0.08	0.61	0.67	0.56	0.49	0.76	0.58	-0.03	0.21	0.47	0.37
Good Will	-0.87	-0.57	-0.91	-0.43	0.92	-0.38	0.43	-0.83	0.23	-0.42	-0.7	-0.56		-0.49	-0.96	0.6	-0.85	-0.93	-0.93	-0.71	-0.87	-0.79	-0.57	-0.74	-0.8	-0.48
Short Term Investments	0.72	0.78	0.57	0.51	-0.56	0.44	-0.03	0.37	-0.17	0.49	0.69	0.59	-0.49		0.53	-0.56	0.53	0.67	0.53	0.21	0.57	0.19	0.46	0.32	0.44	0.75
Inventory	0.91	0.62	0.95	0.6	-0.85	0.57	-0.26	0.9	-0.17	0.31	0.62	0.63	-0.96	0.53		-0.49	0.87	0.93	0.9	0.84	0.94	0.83	0.43	0.62	0.8	0.44
Other Current Assets	-0.6	-0.52	-0.53	0.11	0.85	0.18	0.81	-0.23	0.3	-0.49	-0.78	-0.08	0.6	-0.56	-0.49		-0.63	-0.68	-0.66	-0.21	-0.47	-0.28	-0.94	-0.83	-0.66	-0.64
Other Stockholder Equity	0.89	0.56	0.93	0.55	-0.85	0.48	-0.44	0.78	-0.03	0.41	0.68	0.61	-0.85	0.53	0.87	-0.63		0.92	0.94	0.77	0.91	0.88	0.61	0.78	0.97	0.45
Total Liab	0.98	0.72	0.96	0.5	-0.9	0.44	-0.42	0.85	-0.21	0.58	0.82	0.67	-0.93	0.67	0.93	-0.68	0.92		0.92	0.72	0.94	0.78	0.62	0.7	0.87	0.67
Long Term Investments	0.85	0.63	0.89	0.45	-0.93	0.37	-0.46	0.74	-0.22	0.45	0.75	0.56	-0.93	0.53	0.9	-0.66	0.94	0.92		0.68	0.84	0.8	0.65	0.83	0.89	0.49
Short Long Term Debt	0.71	0.42	0.84	0.64	-0.57	0.63	-0.08	0.87	0.18	0.01	0.28	0.49	-0.71	0.21	0.84	-0.21	0.77	0.72	0.68		0.86	0.85	0.2	0.37	0.7	0.09
Total Current Assets	0.95	0.63	0.99	0.7	-0.77	0.67	-0.2	0.94	0.0	0.37	0.59	0.76	-0.87	0.57	0.94	-0.47	0.91	0.94	0.84	0.86		0.86	0.38	0.57	0.82	0.45
Short Term Debt	0.76	0.26	0.85	0.55	-0.65	0.53	-0.3	0.88	-0.03	0.28	0.44	0.58	-0.79	0.19	0.83	-0.28	0.88	0.78	0.8	0.85	0.86		0.29	0.59	0.88	0.22
Intangible Assets	0.53	0.5	0.45	-0.2	-0.78	-0.3	-0.82	0.19	-0.25	0.54	0.79	-0.03	-0.57	0.46	0.43	-0.94	0.61	0.62	0.65	0.2	0.38	0.29		0.76	0.66	0.62
Common Stock	0.6	0.3	0.63	0.05	-0.89	-0.01	-0.8	0.39	-0.33	0.35	0.65	0.21	-0.74	0.32	0.62	-0.83	0.78	0.7	0.83	0.37	0.57	0.59	0.76		0.81	0.38
Property Plant Equipment	0.83	0.4	0.85	0.39	-0.83	0.33	-0.58	0.71	-0.13	0.44	0.7	0.47	-0.8	0.44	0.8	-0.66	0.97	0.87	0.89	0.7	0.82	0.88	0.66	0.81		0.47
Non Current Assets Total	0.71	0.68	0.47	0.03	-0.56	-0.04	-0.4	0.38	-0.56	0.87	0.93	0.37	-0.48	0.75	0.44	-0.64	0.45	0.67	0.49	0.09	0.45	0.22	0.62	0.38	0.47

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China Aluminum Account Relationship Matchups

China Aluminum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.0B	54.5B	58.8B	47.4B	40.9B	52.0B
Other Current Liab	6.6B	6.6B	7.5B	7.3B	184.2M	175.0M
Total Current Liabilities	35.2B	29.9B	30.9B	31.0B	26.8B	32.0B
Total Stockholder Equity	11.3B	8.7B	7.6B	7.5B	7.0B	6.9B
Other Liab	732.4M	689.2M	748.0M	697.4M	627.6M	706.1M
Net Tangible Assets	10.2B	7.6B	6.3B	6.3B	5.6B	6.3B
Retained Earnings	4.2B	2.1B	839.1M	828.4M	(2.2B)	(2.1B)
Accounts Payable	16.7B	15.5B	17.0B	16.1B	12.6B	17.4B
Cash	9.1B	644.3K	872.3M	6.9B	3.3B	3.7B
Other Assets	4.1B	4.5B	16.9B	4.6B	5.3B	6.0B
Long Term Debt	4.7B	8.2B	12.0B	5.3B	6.2B	5.4B
Net Receivables	30.6B	17.0B	27.4B	15.7B	15.3B	17.0B
Short Term Investments	9.2B	7.3B	6.6B	700.5M	805.6M	765.3M
Inventory	3.1B	3.4B	2.5B	2.9B	2.2B	2.8B
Other Current Assets	1.0B	866.6M	907.0M	956.3M	9.6M	9.1M
Other Stockholder Equity	3.3B	2.8B	2.8B	2.8B	3.2B	2.8B
Total Liab	40.6B	38.9B	42.3B	36.9B	33.7B	38.1B
Short Long Term Debt	9.0B	9.3B	6.1B	10.7B	6.6B	9.4B
Total Current Assets	44.8B	38.6B	38.5B	38.2B	32.1B	40.6B
Intangible Assets	1.1B	1.2B	1.2B	1.3B	1.3B	1.2B
Property Plant Equipment	2.6B	2.7B	2.6B	2.5B	2.9B	2.8B
Non Current Assets Total	11.2B	15.9B	21.5B	9.2B	8.8B	12.3B
Non Currrent Assets Other	2.5B	6.7B	13.7B	38.2M	(489.5M)	(465.0M)
Non Current Liabilities Total	5.4B	8.9B	12.7B	6.0B	6.9B	6.8B
Net Debt	5.6B	11.0B	17.2B	9.1B	9.4B	10.7B
Net Invested Capital	26.0B	26.2B	25.7B	23.5B	19.8B	19.0B
Net Working Capital	9.6B	8.6B	7.7B	7.2B	5.3B	6.4B
Deferred Long Term Liab	29.4M	51.6M	54.8M	47.0M	54.1M	40.5M

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

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China Long Term Debt vs Cash Analysis

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash

China Aluminum fundamental ratios Correlations

China Aluminum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Aluminum fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.97	Other Stockholder Equity
Total Liab	+ 0.96	Total Current Liabilities
Total Current Liabilities	+ 0.95	Total Assets

Inventory	- 0.96	Good Will
Intangible Assets	- 0.94	Other Current Assets
Long Term Investments	- 0.93	Good Will
Total Liab	- 0.93	Good Will
Long Term Investments	- 0.93	Other Liab
Good Will	- 0.91	Total Current Liabilities