Ping Short Long Term Debt vs Short Term Debt Analysis

601318 Stock   53.05  0.48  0.91%   
Ping An financial indicator trend analysis is much more than just breaking down Ping An Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ping An Insurance is a good investment. Please check the relationship between Ping An Short Long Term Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Insurance. 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.

Short Long Term Debt vs Short Term Debt

Short Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Insurance Short Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ping An's Short Long Term Debt and Short Term Debt is 0.97. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Ping An Insurance, assuming nothing else is changed. The correlation between historical values of Ping An's Short Long Term Debt and Short Term Debt 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 Long Term Debt of Ping An Insurance are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt i.e., Ping An's Short Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Short Term Debt

Most indicators from Ping An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ping An Insurance 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 Ping An Insurance. 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 117.3 B. The current year's Tax Provision is expected to grow to about 17.5 B
 2023 2024 (projected)
Gross Profit512.0B366.1B
Total Revenue802.1B986.6B

Ping An fundamental ratios Correlations

0.970.941.00.980.990.980.150.860.990.980.20.9-0.270.95-0.46-0.651.00.690.880.990.91-0.4-0.410.980.92
0.970.960.960.970.960.930.090.90.970.950.150.91-0.160.95-0.35-0.650.970.70.850.970.89-0.27-0.410.950.87
0.940.960.930.920.930.90.20.940.940.930.170.9-0.070.93-0.33-0.640.940.580.890.920.94-0.3-0.410.910.81
1.00.960.930.971.00.990.180.840.980.990.230.87-0.290.95-0.49-0.651.00.650.890.990.91-0.45-0.390.980.94
0.980.970.920.970.980.940.050.830.990.940.140.93-0.270.94-0.44-0.630.980.760.80.990.87-0.3-0.410.970.87
0.990.960.931.00.980.980.170.830.990.980.220.87-0.310.95-0.49-0.660.990.660.870.990.91-0.43-0.370.980.93
0.980.930.90.990.940.980.290.820.950.990.270.82-0.310.92-0.47-0.660.980.60.910.960.91-0.48-0.310.960.97
0.150.090.20.180.050.170.290.170.130.260.250.020.010.110.12-0.280.15-0.210.410.120.34-0.060.610.090.23
0.860.90.940.840.830.830.820.170.840.860.330.860.180.9-0.13-0.460.860.510.890.810.92-0.17-0.390.840.7
0.990.970.940.980.990.990.950.130.840.960.120.92-0.290.94-0.46-0.690.990.740.821.00.88-0.33-0.390.970.89
0.980.950.930.990.940.980.990.260.860.960.320.82-0.230.94-0.45-0.630.980.590.930.960.94-0.48-0.350.970.96
0.20.150.170.230.140.220.270.250.330.120.32-0.020.440.340.230.390.19-0.240.510.130.48-0.250.190.330.27
0.90.910.90.870.930.870.820.020.860.920.82-0.02-0.120.85-0.3-0.570.90.760.720.90.79-0.08-0.440.860.68
-0.27-0.16-0.07-0.29-0.27-0.31-0.310.010.18-0.29-0.230.44-0.12-0.160.860.65-0.26-0.220.0-0.340.010.510.2-0.23-0.43
0.950.950.930.950.940.950.920.110.90.940.940.340.85-0.16-0.39-0.580.950.560.880.940.94-0.33-0.360.970.87
-0.46-0.35-0.33-0.49-0.44-0.49-0.470.12-0.13-0.46-0.450.23-0.30.86-0.390.64-0.46-0.2-0.28-0.49-0.270.770.57-0.46-0.59
-0.65-0.65-0.64-0.65-0.63-0.66-0.66-0.28-0.46-0.69-0.630.39-0.570.65-0.580.64-0.65-0.47-0.47-0.69-0.490.330.27-0.55-0.69
1.00.970.941.00.980.990.980.150.860.990.980.190.9-0.260.95-0.46-0.650.690.880.990.91-0.4-0.410.980.92
0.690.70.580.650.760.660.6-0.210.510.740.59-0.240.76-0.220.56-0.2-0.470.690.320.720.420.11-0.360.620.53
0.880.850.890.890.80.870.910.410.890.820.930.510.720.00.88-0.28-0.470.880.320.820.97-0.48-0.260.880.85
0.990.970.920.990.990.990.960.120.811.00.960.130.9-0.340.94-0.49-0.690.990.720.820.87-0.36-0.380.970.91
0.910.890.940.910.870.910.910.340.920.880.940.480.790.010.94-0.27-0.490.910.420.970.87-0.37-0.250.920.83
-0.4-0.27-0.3-0.45-0.3-0.43-0.48-0.06-0.17-0.33-0.48-0.25-0.080.51-0.330.770.33-0.40.11-0.48-0.36-0.370.49-0.42-0.62
-0.41-0.41-0.41-0.39-0.41-0.37-0.310.61-0.39-0.39-0.350.19-0.440.2-0.360.570.27-0.41-0.36-0.26-0.38-0.250.49-0.4-0.35
0.980.950.910.980.970.980.960.090.840.970.970.330.86-0.230.97-0.46-0.550.980.620.880.970.92-0.42-0.40.91
0.920.870.810.940.870.930.970.230.70.890.960.270.68-0.430.87-0.59-0.690.920.530.850.910.83-0.62-0.350.91
Click cells to compare fundamentals

Ping An Account Relationship Matchups

Ping An fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2T9.5T10.1T11.1T11.6T9.1T
Other Current Liab923.4B1.3T1.3T1.4T1.6T1.1T
Total Current Liabilities1.5T2.1T1.9T2.2T2.5T1.9T
Total Stockholder Equity673.2B762.6B812.4B858.7B899.0B703.2B
Other Liab4.8T5.3T5.8T6.5T7.5T5.1T
Net Tangible Assets609.8B698.3B743.9B759.3B873.2B596.8B
Retained Earnings518.1B623.0B683.1B722.9B621.7B520.9B
Accounts Payable162.1B178.9B192.9B220.2B8.9B8.4B
Cash529.5B597.3B630.5B746.5B797.9B657.3B
Other Assets2.5T2.9T3.4T3.7T4.3T2.7T
Long Term Debt1.1T1.3T1.5T1.3T1.4T1.1T
Net Receivables482.0B354.3B350.3B223.0B216.3B250.4B
Good Will20.9B23.0B23.2B44.1B44.1B28.0B
Other Current Assets348.0B371.6B379.1B388.5B349.7B316.5B
Other Stockholder Equity30.2B15.7B9.3B10.4B9.3B17.3B
Total Liab7.4T8.5T9.1T10.0T10.4T8.2T
Long Term Investments1.2T1.5T5.2T5.7T6.3T3.3T
Short Long Term Debt112.3B134.8B116.1B121.9B93.3B100.3B
Total Current Assets2.1T2.5T2.7T3.0T3.4T2.1T
Intangible Assets27.8B27.5B29.6B33.5B32.6B25.1B
Property Plant Equipment63.5B62.5B63.9B66.2B76.2B58.3B
Net Debt639.1B810.5B944.0B718.5B680.0B691.0B
Net Invested Capital1.8T2.2T2.4T2.3T2.4T2.2T

Currently Active Assets on Macroaxis

Other Information on Investing in Ping Stock

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