Bank Inventory vs Long Term Debt Analysis

601328 Stock   7.13  0.05  0.71%   
Bank of Communications financial indicator trend analysis is way more than just evaluating Bank of Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Communications is a good investment. Please check the relationship between Bank of Communications Inventory and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Communications. 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.

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Communications Inventory account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bank of Communications' Inventory and Long Term Debt is 0.76. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Bank of Communications, assuming nothing else is changed. The correlation between historical values of Bank of Communications' Inventory and Long 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 Inventory of Bank of Communications are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Bank of Communications' Inventory and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Long Term Debt

Long-term debt is a debt that Bank of Communications has held for over one year. Long-term debt appears on Bank of Communications 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 Bank of Communications 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.
Most indicators from Bank of Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Communications 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 Bank of Communications. 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 Selling General Administrative is expected to grow to about 49.9 B. The current year's Tax Provision is expected to grow to about 7.8 B
 2023 2024 (projected)
Operating Income101.7B117.7B
Total Revenue256.4B219.0B

Bank of Communications fundamental ratios Correlations

1.00.780.850.880.480.840.831.00.760.860.980.91-0.520.680.880.870.310.78-0.370.69-0.690.690.80.850.7
1.00.770.870.860.520.840.840.990.740.860.980.89-0.540.730.890.880.30.78-0.380.71-0.690.680.80.850.67
0.780.770.580.820.420.480.560.780.790.560.750.630.030.460.680.70.020.71-0.310.62-0.440.70.50.460.52
0.850.870.580.750.560.730.720.850.580.750.820.77-0.490.60.660.650.340.49-0.220.51-0.570.440.70.760.43
0.880.860.820.750.370.630.650.880.90.70.840.87-0.140.510.650.640.240.56-0.280.49-0.520.50.610.660.53
0.480.520.420.560.370.470.470.480.210.450.50.41-0.360.370.520.530.190.47-0.080.47-0.310.510.450.470.31
0.840.840.480.730.630.470.940.830.520.970.850.76-0.740.660.850.830.390.77-0.60.81-0.860.670.910.870.8
0.830.840.560.720.650.470.940.830.510.980.870.7-0.60.830.920.90.290.76-0.70.9-0.910.610.950.840.71
1.00.990.780.850.880.480.830.830.770.860.980.91-0.520.680.880.870.310.78-0.370.69-0.680.690.80.850.7
0.760.740.790.580.90.210.520.510.770.580.710.78-0.020.340.490.480.230.47-0.230.36-0.390.410.440.50.48
0.860.860.560.750.70.450.970.980.860.580.890.78-0.640.720.870.850.340.73-0.670.82-0.910.630.960.880.78
0.980.980.750.820.840.50.850.870.980.710.890.87-0.570.730.910.90.290.79-0.450.73-0.760.710.860.860.73
0.910.890.630.770.870.410.760.70.910.780.780.87-0.460.490.690.670.570.64-0.20.45-0.590.540.680.890.7
-0.52-0.540.03-0.49-0.14-0.36-0.74-0.6-0.52-0.02-0.64-0.57-0.46-0.48-0.6-0.58-0.33-0.490.3-0.450.58-0.44-0.66-0.7-0.55
0.680.730.460.60.510.370.660.830.680.340.720.730.49-0.480.840.830.040.58-0.590.77-0.710.340.740.60.31
0.880.890.680.660.650.520.850.920.880.490.870.910.69-0.60.841.00.150.88-0.610.91-0.810.770.890.80.72
0.870.880.70.650.640.530.830.90.870.480.850.90.67-0.580.831.00.130.9-0.590.91-0.790.790.860.770.7
0.310.30.020.340.240.190.390.290.310.230.340.290.57-0.330.040.150.130.30.280.05-0.160.130.210.580.41
0.780.780.710.490.560.470.770.760.780.470.730.790.64-0.490.580.880.90.3-0.460.85-0.670.910.70.70.82
-0.37-0.38-0.31-0.22-0.28-0.08-0.6-0.7-0.37-0.23-0.67-0.45-0.20.3-0.59-0.61-0.590.28-0.46-0.740.85-0.43-0.73-0.37-0.51
0.690.710.620.510.490.470.810.90.690.360.820.730.45-0.450.770.910.910.050.85-0.74-0.810.730.820.60.64
-0.69-0.69-0.44-0.57-0.52-0.31-0.86-0.91-0.68-0.39-0.91-0.76-0.590.58-0.71-0.81-0.79-0.16-0.670.85-0.81-0.61-0.95-0.77-0.77
0.690.680.70.440.50.510.670.610.690.410.630.710.54-0.440.340.770.790.130.91-0.430.73-0.610.650.60.85
0.80.80.50.70.610.450.910.950.80.440.960.860.68-0.660.740.890.860.210.7-0.730.82-0.950.650.870.78
0.850.850.460.760.660.470.870.840.850.50.880.860.89-0.70.60.80.770.580.7-0.370.6-0.770.60.870.8
0.70.670.520.430.530.310.80.710.70.480.780.730.7-0.550.310.720.70.410.82-0.510.64-0.770.850.780.8
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Bank of Communications Account Relationship Matchups

Bank of Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9T10.7T11.7T13.0T14.1T7.6T
Total Stockholder Equity793.2B866.6B964.6B1.0T1.1T558.1B
Other Liab129.9B99.1B147.0B194.9B224.1B127.8B
Retained Earnings499.5B550.0B608.3B666.5B326.7B311.2B
Accounts Payable7.2T7.4T7.2T7.8T9.0T5.9T
Cash1.4T1.3T9.4T1.4T1.6T1.3T
Other Assets4.8T5.4T5.8T6.6T7.6T8.0T
Total Liab9.1T9.8T10.7T12.0T13.0T7.0T
Property Plant Equipment153.3B177.7B176.1B178.0B204.7B214.9B
Intangible Assets3.3B3.6B3.9B4.0B4.6B2.7B
Other Current Liab2.4B61.9B58.6B45.0B51.8B30.7B
Total Current Liabilities7.5T8.6T9.2T10.1T11.6T8.6T
Net Tangible Assets634.9B729.6B817.6B915.4B1.1T752.6B
Net Receivables708.7B27.9B201.2B182.4B164.2B235.7B
Inventory824M759M967M1.0B1.2B968.8M
Other Current Assets725.1B735.9B675.8B763.0B686.7B616.0B
Other Stockholder Equity2.8B46.0B86.0B125.7B144.5B151.7B
Deferred Long Term Liab692M714M599M721M648.9M593.1M
Long Term Investments432.0B2.6T3.6T3.2T4.2T2.8T
Total Current Assets2.1T1.8T2.0T2.0T2.3T2.2T
Net Invested Capital1.5T1.6T1.9T2.0T2.1T1.9T

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Other Information on Investing in Bank Stock

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