Ningbo Non Current Liabilities Other vs Deferred Long Term Liab Analysis

601609 Stock   5.98  0.09  1.53%   
Ningbo Jintian financial indicator trend analysis is infinitely more than just investigating Ningbo Jintian Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Jintian Copper is a good investment. Please check the relationship between Ningbo Jintian Non Current Liabilities Other and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Jintian Copper. 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.

Non Current Liabilities Other vs Deferred Long Term Liab

Non Current Liabilities Other vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Jintian Copper Non Current Liabilities Other account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Ningbo Jintian's Non Current Liabilities Other and Deferred Long Term Liab is -0.81. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Ningbo Jintian Copper, assuming nothing else is changed. The correlation between historical values of Ningbo Jintian's Non Current Liabilities Other and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Ningbo Jintian Copper are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Current Liabilities Other i.e., Ningbo Jintian's Non Current Liabilities Other and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Other

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Ningbo Jintian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Jintian Copper 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 Ningbo Jintian Copper. 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 Tax Provision is expected to grow to about 128.1 M, whereas Discontinued Operations is forecasted to decline to about 9.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.0B2.5B2.0B
Total Revenue81.2B101.2B110.5B67.5B

Ningbo Jintian fundamental ratios Correlations

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0.620.910.920.950.940.730.910.970.730.910.880.960.80.910.920.91-0.640.930.430.680.790.70.89-0.11-0.8
0.510.910.990.990.910.820.940.970.610.890.930.950.920.980.950.98-0.740.980.530.710.810.730.9-0.17-0.78
0.510.920.990.980.910.770.960.970.640.910.920.970.950.990.970.99-0.760.990.460.760.840.780.93-0.18-0.76
0.50.950.990.980.920.850.930.980.630.930.960.950.880.960.940.98-0.740.980.560.720.80.750.89-0.19-0.84
0.750.940.910.910.920.710.880.950.790.870.870.910.780.920.920.92-0.660.950.470.650.740.680.89-0.24-0.74
0.340.730.820.770.850.710.640.740.480.70.880.670.610.710.630.76-0.510.770.880.420.530.450.52-0.48-0.93
0.460.910.940.960.930.880.640.960.540.910.850.980.930.970.980.95-0.80.950.280.820.760.840.97-0.01-0.69
0.560.970.970.970.980.950.740.960.650.930.910.980.890.970.970.97-0.720.980.410.750.830.770.95-0.08-0.77
0.880.730.610.640.630.790.480.540.650.490.510.630.470.610.60.63-0.180.630.430.220.580.240.56-0.51-0.6
0.360.910.890.910.930.870.70.910.930.490.940.930.870.890.930.94-0.860.930.320.90.790.910.9-0.02-0.73
0.40.880.930.920.960.870.880.850.910.510.940.880.840.890.870.94-0.810.940.580.770.750.790.8-0.22-0.81
0.530.960.950.970.950.910.670.980.980.630.930.880.920.960.980.96-0.750.960.310.80.830.810.97-0.05-0.72
0.340.80.920.950.880.780.610.930.890.470.870.840.920.940.950.95-0.830.920.230.850.840.860.93-0.04-0.58
0.520.910.980.990.960.920.710.970.970.610.890.890.960.940.980.98-0.780.990.390.760.820.780.96-0.09-0.7
0.510.920.950.970.940.920.630.980.970.60.930.870.980.950.980.97-0.810.970.260.840.840.850.99-0.01-0.65
0.50.910.980.990.980.920.760.950.970.630.940.940.960.950.980.97-0.80.990.440.80.850.820.93-0.17-0.75
-0.15-0.64-0.74-0.76-0.74-0.66-0.51-0.8-0.72-0.18-0.86-0.81-0.75-0.83-0.78-0.81-0.8-0.8-0.12-0.94-0.56-0.95-0.79-0.040.42
0.540.930.980.990.980.950.770.950.980.630.930.940.960.920.990.970.99-0.80.460.780.820.80.94-0.15-0.75
0.350.430.530.460.560.470.880.280.410.430.320.580.310.230.390.260.44-0.120.46-0.030.20.010.14-0.68-0.79
0.140.680.710.760.720.650.420.820.750.220.90.770.80.850.760.840.8-0.940.78-0.030.651.00.840.14-0.42
0.340.790.810.840.80.740.530.760.830.580.790.750.830.840.820.840.85-0.560.820.20.650.670.820.1-0.54
0.160.70.730.780.750.680.450.840.770.240.910.790.810.860.780.850.82-0.950.80.011.00.670.850.13-0.44
0.50.890.90.930.890.890.520.970.950.560.90.80.970.930.960.990.93-0.790.940.140.840.820.850.09-0.57
-0.46-0.11-0.17-0.18-0.19-0.24-0.48-0.01-0.08-0.51-0.02-0.22-0.05-0.04-0.09-0.01-0.17-0.04-0.15-0.680.140.10.130.090.45
-0.4-0.8-0.78-0.76-0.84-0.74-0.93-0.69-0.77-0.6-0.73-0.81-0.72-0.58-0.7-0.65-0.750.42-0.75-0.79-0.42-0.54-0.44-0.570.45
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Ningbo Jintian Account Relationship Matchups

Ningbo Jintian fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab271.8M465.9M639.8M1.0B141.0M134.0M
Total Current Liabilities4.9B4.4B8.6B8.1B7.2B5.8B
Other Liab380.4M424.3M527.9M582.4M669.7M425.6M
Net Tangible Assets4.4B6.2B6.9B7.0B8.1B5.3B
Retained Earnings2.8B3.1B3.7B3.7B4.0B3.0B
Accounts Payable1.6B1.8B3.0B3.7B2.2B1.9B
Other Assets375.6M383.6M456.4M307.6M353.7M307.2M
Net Receivables2.4B2.6B4.2B5.2B6.3B3.4B
Inventory2.6B2.9B5.0B4.9B5.2B3.4B
Other Current Assets416.5M1.0B1.6B1.6B375.9M357.1M
Other Stockholder Equity269.8M320.8M344.4M582.6M670.0M703.5M
Deferred Long Term Liab25.4M32.9M46.7M45.0M51.7M54.3M
Total Current Assets6.5B8.2B13.1B13.5B15.1B9.7B
Property Plant Equipment3.0B3.9B5.2B5.6B6.5B3.3B
Total Assets10.4B13.1B19.1B20.0B21.8B15.1B
Total Stockholder Equity4.8B6.7B7.5B7.6B8.3B6.4B
Cash1.1B924.7M1.1B685.0M388.3M368.9M
Non Current Assets Total3.9B4.9B6.0B6.5B6.8B4.7B
Non Currrent Assets Other248.6M298.2M122.8M150.2M87.6M83.3M
Long Term Debt106M1.3B2.3B3.5B5.5B5.7B
Short Term Investments2.1M205.9M525.5M128.3M336.4M191.3M
Non Current Liabilities Total530.3M1.8B2.9B4.1B6.1B6.4B
Total Liab5.4B6.2B11.5B12.2B13.3B8.6B
Short Long Term Debt2.7B1.7B2.9B2.1B3.0B2.7B
Intangible Assets443.8M484.3M549.7M537.6M527.8M455.9M
Net Debt1.7B2.1B4.1B4.9B8.1B8.5B
Net Invested Capital7.6B9.7B12.8B13.2B16.7B11.4B
Net Working Capital1.6B3.8B4.5B5.4B7.8B4.3B

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Other Information on Investing in Ningbo Stock

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