Industrial Long Term Debt vs Selling General Administrative Analysis

601398 Stock   6.19  0.01  0.16%   
Industrial financial indicator trend analysis is infinitely more than just investigating Industrial and Commercial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial and Commercial is a good investment. Please check the relationship between Industrial Long Term Debt and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial and Commercial. 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 Selling General Administrative

Long Term Debt vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial and Commercial Long Term Debt account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Industrial's Long Term Debt and Selling General Administrative is 0.22. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Industrial and Commercial, assuming nothing else is changed. The correlation between historical values of Industrial's Long Term Debt and Selling General Administrative 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 Industrial and Commercial are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Long Term Debt i.e., Industrial's Long Term Debt and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Industrial and Commercial has held for over one year. Long-term debt appears on Industrial and Commercial 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 Industrial and Commercial 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.

Selling General Administrative

Most indicators from Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial and Commercial 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 Industrial and Commercial. 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 146.5 B. The current year's Tax Provision is expected to grow to about 58.1 B
 2023 2024 (projected)
Gross Profit686.6B649.0B
Total Revenue838.0B877.0B

Industrial fundamental ratios Correlations

0.381.00.990.560.990.861.00.43-0.670.91-0.090.79-0.87-0.620.850.321.00.680.240.860.240.72-0.490.88-0.49
0.380.380.39-0.360.360.450.370.080.190.47-0.120.19-0.48-0.280.06-0.140.380.250.130.080.130.13-0.10.53-0.1
1.00.380.990.550.990.841.00.41-0.640.92-0.090.78-0.86-0.620.820.321.00.690.240.830.240.72-0.440.88-0.44
0.990.390.990.540.990.910.990.52-0.650.94-0.040.74-0.9-0.580.830.320.990.640.290.840.290.65-0.440.9-0.44
0.56-0.360.550.540.580.340.570.37-0.850.31-0.070.57-0.52-0.60.740.710.560.650.250.730.250.42-0.310.26-0.31
0.990.360.990.990.580.871.00.49-0.660.93-0.050.76-0.88-0.610.820.360.990.680.260.830.260.68-0.420.88-0.42
0.860.450.840.910.340.870.840.61-0.520.890.00.46-0.83-0.450.70.180.850.450.330.70.330.36-0.270.82-0.27
1.00.371.00.990.571.00.840.42-0.660.91-0.080.78-0.87-0.630.820.341.00.690.240.830.240.71-0.440.87-0.44
0.430.080.410.520.370.490.610.42-0.430.53-0.020.23-0.47-0.210.450.090.430.310.340.450.340.12-0.10.42-0.1
-0.670.19-0.64-0.65-0.85-0.66-0.52-0.66-0.43-0.380.34-0.590.510.76-0.94-0.48-0.67-0.740.01-0.930.01-0.590.59-0.340.59
0.910.470.920.940.310.930.890.910.53-0.380.130.63-0.84-0.330.610.170.910.420.30.620.30.55-0.270.95-0.27
-0.09-0.12-0.09-0.04-0.07-0.050.0-0.08-0.020.340.13-0.06-0.220.61-0.270.39-0.09-0.510.2-0.260.2-0.170.160.210.16
0.790.190.780.740.570.760.460.780.23-0.590.63-0.06-0.71-0.430.770.30.80.570.310.770.310.88-0.770.74-0.77
-0.87-0.48-0.86-0.9-0.52-0.88-0.83-0.87-0.470.51-0.84-0.22-0.710.47-0.69-0.55-0.87-0.52-0.46-0.71-0.46-0.480.4-0.880.4
-0.62-0.28-0.62-0.58-0.6-0.61-0.45-0.63-0.210.76-0.330.61-0.430.47-0.72-0.4-0.62-0.920.1-0.720.1-0.440.32-0.260.32
0.850.060.820.830.740.820.70.820.45-0.940.61-0.270.77-0.69-0.720.40.850.730.081.00.080.74-0.720.61-0.72
0.32-0.140.320.320.710.360.180.340.09-0.480.170.390.3-0.55-0.40.40.320.350.080.40.080.14-0.130.2-0.13
1.00.381.00.990.560.990.851.00.43-0.670.91-0.090.8-0.87-0.620.850.320.690.240.860.240.73-0.490.88-0.49
0.680.250.690.640.650.680.450.690.31-0.740.42-0.510.57-0.52-0.920.730.350.690.040.730.040.58-0.370.34-0.37
0.240.130.240.290.250.260.330.240.340.010.30.20.31-0.460.10.080.080.240.040.081.0-0.140.060.350.06
0.860.080.830.840.730.830.70.830.45-0.930.62-0.260.77-0.71-0.721.00.40.860.730.080.080.75-0.720.62-0.72
0.240.130.240.290.250.260.330.240.340.010.30.20.31-0.460.10.080.080.240.041.00.08-0.140.060.350.06
0.720.130.720.650.420.680.360.710.12-0.590.55-0.170.88-0.48-0.440.740.140.730.58-0.140.75-0.14-0.80.62-0.8
-0.49-0.1-0.44-0.44-0.31-0.42-0.27-0.44-0.10.59-0.270.16-0.770.40.32-0.72-0.13-0.49-0.370.06-0.720.06-0.8-0.451.0
0.880.530.880.90.260.880.820.870.42-0.340.950.210.74-0.88-0.260.610.20.880.340.350.620.350.62-0.45-0.45
-0.49-0.1-0.44-0.44-0.31-0.42-0.27-0.44-0.10.59-0.270.16-0.770.40.32-0.72-0.13-0.49-0.370.06-0.720.06-0.81.0-0.45
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Industrial Account Relationship Matchups

Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.1T33.3T35.2T39.6T44.7T34.6T
Other Current Liab96.2B484.7B108.9B102.1B117.4B146.2B
Total Current Liabilities26.1T29.3T30.2T34.3T39.4T28.6T
Total Stockholder Equity2.7T2.9T3.3T3.5T3.8T3.0T
Other Liab548.2B320.7B824.6B790.0B908.5B631.4B
Net Tangible Assets2.5T2.7T3.1T3.4T3.9T2.7T
Retained Earnings2.0T2.2T2.4T2.7T1.9T2.1T
Accounts Payable24.9T27.5T29.2T32.9T37.8T27.0T
Cash7.9T4.9T33.1T4.7T5.3T9.8T
Other Assets16.5T18.8T523.3B436.0B392.4B372.8B
Net Receivables19.6B24.3B818.0B26.6B30.6B29.1B
Inventory10.9B5.3B3.9B3.4B3.1B5.7B
Other Current Assets3.0T3.0T20.9T23.5T27.1T28.4T
Other Stockholder Equity234.5B76.2B201.4B199.2B229.1B128.5B
Total Liab27.4T30.4T31.9T36.1T40.9T31.6T
Long Term Investments1.1T7.2T9.4T8.5T12.0T6.7T
Total Current Assets5.8T5.8T25.7T29.0T33.4T35.0T
Property Plant Equipment320.0B318.0B288.2B291.9B335.7B305.7B
Deferred Long Term Liab3.5B3.8B4.7B5.6B6.4B4.7B
Net Invested Capital3.8T4.2T4.5T4.8T5.5T4.6T
Capital Stock475.9B495.6B356.4B491.0B564.7B503.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Industrial Stock

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