601388 Other Assets vs Total Current Liabilities Analysis

601388 Stock   2.65  0.02  0.76%   
Ye Chiu financial indicator trend analysis is more than just analyzing Ye Chiu Metal current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ye Chiu Metal is a good investment. Please check the relationship between Ye Chiu Other Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ye Chiu Metal. 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.

Other Assets vs Total Current Liabilities

Other Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ye Chiu Metal Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ye Chiu's Other Assets and Total Current Liabilities is 0.13. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ye Chiu Metal, assuming nothing else is changed. The correlation between historical values of Ye Chiu's Other Assets and Total Current Liabilities 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 Assets of Ye Chiu Metal are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Ye Chiu's Other Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Total Current Liabilities

Total Current Liabilities is an item on Ye Chiu balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ye Chiu Metal are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Ye Chiu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ye Chiu Metal 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 Ye Chiu Metal. 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 96 M. The current year's Tax Provision is expected to grow to about 89.2 M
 2021 2022 2023 2024 (projected)
Operating Income1.2B564.8M270.6M367.9M
Total Revenue8.3B7.7B6.8B5.7B

Ye Chiu fundamental ratios Correlations

-0.16-0.020.940.680.760.140.330.520.710.8-0.030.340.680.90.870.480.510.760.140.780.770.61-0.67-0.2-0.61
-0.160.28-0.17-0.02-0.06-0.29-0.42-0.520.10.14-0.43-0.01-0.03-0.02-0.07-0.26-0.220.06-0.40.010.16-0.13-0.10.39-0.37
-0.020.28-0.32-0.52-0.38-0.220.13-0.520.520.32-0.090.8-0.480.04-0.210.48-0.27-0.50.06-0.230.16-0.670.410.48-0.05
0.94-0.17-0.320.80.780.240.270.540.480.680.020.00.760.790.830.20.610.860.020.750.650.74-0.75-0.23-0.59
0.68-0.02-0.520.80.920.17-0.050.650.280.54-0.12-0.20.920.530.64-0.110.50.88-0.160.660.650.82-0.87-0.62-0.67
0.76-0.06-0.380.780.920.050.00.740.460.58-0.230.070.890.720.780.20.370.89-0.010.780.760.84-0.85-0.68-0.64
0.14-0.29-0.220.240.170.050.32-0.05-0.070.0-0.17-0.240.14-0.12-0.09-0.18-0.07-0.03-0.150.02-0.09-0.01-0.1-0.01-0.04
0.33-0.420.130.27-0.050.00.320.140.140.140.190.23-0.180.260.110.270.45-0.030.470.160.04-0.01-0.190.04-0.16
0.52-0.52-0.520.540.650.74-0.050.140.180.120.140.050.670.510.620.290.40.610.350.580.340.76-0.54-0.81-0.12
0.710.10.520.480.280.46-0.070.140.180.74-0.060.740.40.70.490.680.170.29-0.110.540.770.06-0.28-0.03-0.52
0.80.140.320.680.540.580.00.140.120.74-0.070.450.440.660.560.350.310.52-0.10.440.830.26-0.49-0.04-0.75
-0.03-0.43-0.090.02-0.12-0.23-0.170.190.14-0.06-0.07-0.13-0.18-0.18-0.15-0.070.47-0.170.03-0.2-0.26-0.090.230.010.28
0.34-0.010.80.0-0.20.07-0.240.230.050.740.45-0.13-0.090.460.240.86-0.17-0.150.350.20.47-0.250.090.04-0.16
0.68-0.03-0.480.760.920.890.14-0.180.670.40.44-0.18-0.090.590.660.070.390.83-0.170.740.670.77-0.78-0.58-0.59
0.9-0.020.040.790.530.72-0.120.260.510.70.66-0.180.460.590.930.640.340.750.270.850.770.61-0.64-0.15-0.56
0.87-0.07-0.210.830.640.78-0.090.110.620.490.56-0.150.240.660.930.490.340.860.320.850.640.81-0.68-0.25-0.42
0.48-0.260.480.2-0.110.2-0.180.270.290.680.35-0.070.860.070.640.49-0.090.040.520.450.470.01-0.03-0.03-0.06
0.51-0.22-0.270.610.50.37-0.070.450.40.170.310.47-0.170.390.340.34-0.090.480.070.40.240.46-0.55-0.18-0.35
0.760.06-0.50.860.880.89-0.03-0.030.610.290.52-0.17-0.150.830.750.860.040.480.010.80.620.93-0.87-0.42-0.59
0.14-0.40.060.02-0.16-0.01-0.150.470.35-0.11-0.10.030.35-0.170.270.320.520.070.010.25-0.10.21-0.08-0.140.23
0.780.01-0.230.750.660.780.020.160.580.540.44-0.20.20.740.850.850.450.40.80.250.650.76-0.82-0.35-0.52
0.770.160.160.650.650.76-0.090.040.340.770.83-0.260.470.670.770.640.470.240.62-0.10.650.39-0.66-0.29-0.86
0.61-0.13-0.670.740.820.84-0.01-0.010.760.060.26-0.09-0.250.770.610.810.010.460.930.210.760.39-0.81-0.57-0.32
-0.67-0.10.41-0.75-0.87-0.85-0.1-0.19-0.54-0.28-0.490.230.09-0.78-0.64-0.68-0.03-0.55-0.87-0.08-0.82-0.66-0.810.50.75
-0.20.390.48-0.23-0.62-0.68-0.010.04-0.81-0.03-0.040.010.04-0.58-0.15-0.25-0.03-0.18-0.42-0.14-0.35-0.29-0.570.50.17
-0.61-0.37-0.05-0.59-0.67-0.64-0.04-0.16-0.12-0.52-0.750.28-0.16-0.59-0.56-0.42-0.06-0.35-0.590.23-0.52-0.86-0.320.750.17
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Ye Chiu Account Relationship Matchups

Ye Chiu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.2B5.7B5.6B5.7B4.6B
Other Current Liab56.4M118.7M184.5M137.7M4.5M4.3M
Total Current Liabilities1.8B1.6B1.8B1.1B856.8M1.3B
Total Stockholder Equity2.7B3.3B3.9B4.2B4.3B2.7B
Retained Earnings684.6M1.1B1.8B1.9B1.9B2.0B
Accounts Payable148.5M216.8M286.2M287.3M347.5M364.9M
Cash772.7M677.4M801.8M810.4M642.1M776.8M
Other Assets330.3M391.5M69.6M102.3M117.6M174.3M
Long Term Debt116.0M146.3M28.9M230.4M419.6M440.6M
Net Receivables636.0M632.7M918.4M565.2M565.8M647.3M
Inventory1.3B1.5B2.0B1.5B1.2B1.3B
Other Current Assets95.5M93.6M48.5M59.0M197.7M111.2M
Total Liab2.2B1.9B1.9B1.4B1.4B2.0B
Intangible Assets63.6M57.3M293.8M294.8M281.5M295.6M
Property Plant Equipment1.2B1.2B1.1B1.6B1.9B955.5M
Other Liab287.6M292.5M81.0M88.3M101.6M154.7M
Short Term Investments455.9M520.0M381.2M425.9M499.3M338.2M
Net Tangible Assets2.7B3.2B3.6B3.9B4.5B3.1B
Other Stockholder Equity(61.7M)(188.8M)(336.3M)(188.3M)(169.4M)(177.9M)
Deferred Long Term Liab6.4M11.1M8.0M10.6M12.1M9.2M
Total Current Assets3.3B3.5B4.1B3.5B3.2B3.7B
Non Current Assets Total1.7B1.7B1.6B2.1B2.5B1.9B
Non Currrent Assets Other175.4M262.8M33.5M69.4M12.0M11.4M
Non Current Liabilities Total405.5M253.3M125.6M324.1M532.8M313.9M
Short Long Term Debt1.5B1.1B1.1B534.0M364.7M346.5M
Net Debt827.5M583.2M315.8M142.2M127.9M121.5M
Net Invested Capital4.3B4.5B5.0B5.0B5.1B5.1B
Net Working Capital1.5B1.9B2.4B2.5B2.3B2.1B

Currently Active Assets on Macroaxis

Other Information on Investing in 601388 Stock

Balance Sheet is a snapshot of the financial position of Ye Chiu Metal at a specified time, usually calculated after every quarter, six months, or one year. Ye Chiu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ye Chiu 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 601388 currently owns. An asset can also be divided into two categories, current and non-current.