Ningbo Other Stockholder Equity vs Short Long Term Debt Analysis

601789 Stock   4.62  0.08  1.76%   
Ningbo Construction financial indicator trend analysis is infinitely more than just investigating Ningbo Construction recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Construction is a good investment. Please check the relationship between Ningbo Construction Other Stockholder Equity and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Construction Co. 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 Stockholder Equity vs Short Long Term Debt

Other Stockholder Equity vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Construction Other Stockholder Equity account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ningbo Construction's Other Stockholder Equity and Short Long Term Debt is 0.19. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Ningbo Construction Co, assuming nothing else is changed. The correlation between historical values of Ningbo Construction's Other Stockholder Equity and Short 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 Other Stockholder Equity of Ningbo Construction Co are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Other Stockholder Equity i.e., Ningbo Construction's Other Stockholder Equity and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Stockholder Equity

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Ningbo Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Construction 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 Construction Co. 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.
At present, Ningbo Construction's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 56 M, whereas Discontinued Operations is forecasted to decline to 587.20.
 2021 2022 2023 2024 (projected)
Operating Income602.8M656.7M777.6M435.3M
Total Revenue21.3B21.9B22.7B15.6B

Ningbo Construction fundamental ratios Correlations

0.520.860.840.980.990.970.910.520.87-0.290.741.00.490.760.810.920.82-0.220.830.90.920.850.50.890.75
0.520.570.690.620.510.360.450.210.57-0.380.770.50.360.480.640.460.52-0.020.540.490.450.560.20.570.47
0.860.570.970.890.870.780.720.630.79-0.130.820.850.610.910.960.710.920.030.880.70.720.760.570.880.81
0.840.690.970.880.840.750.730.60.76-0.210.880.830.550.860.960.720.88-0.020.890.720.720.740.490.880.75
0.980.620.890.880.980.920.870.530.91-0.250.770.980.550.820.870.860.85-0.170.830.850.870.90.580.880.82
0.990.510.870.840.980.960.880.560.89-0.220.720.990.530.80.830.880.82-0.190.810.860.90.870.560.870.79
0.970.360.780.750.920.960.920.410.83-0.330.670.970.360.710.730.930.72-0.30.810.910.930.820.490.870.72
0.910.450.720.730.870.880.920.240.77-0.530.730.910.220.570.660.970.71-0.420.860.960.950.770.270.90.56
0.520.210.630.60.530.560.410.240.370.580.280.510.710.640.580.190.640.380.260.150.240.320.60.270.55
0.870.570.790.760.910.890.830.770.37-0.290.70.860.450.760.830.750.68-0.380.760.750.821.00.560.810.79
-0.29-0.38-0.13-0.21-0.25-0.22-0.33-0.530.58-0.29-0.49-0.290.370.04-0.16-0.6-0.060.61-0.51-0.64-0.51-0.330.37-0.530.02
0.740.770.820.880.770.720.670.730.280.7-0.490.720.240.730.840.730.66-0.160.880.750.730.690.360.880.66
1.00.50.850.830.980.990.970.910.510.86-0.290.720.490.760.80.920.82-0.220.820.90.910.850.50.880.75
0.490.360.610.550.550.530.360.220.710.450.370.240.490.590.530.230.750.270.30.20.240.420.530.330.56
0.760.480.910.860.820.80.710.570.640.760.040.730.760.590.90.560.80.150.730.530.580.720.840.750.96
0.810.640.960.960.870.830.730.660.580.83-0.160.840.80.530.90.650.81-0.060.840.640.670.80.570.850.81
0.920.460.710.720.860.880.930.970.190.75-0.60.730.920.230.560.650.69-0.420.860.990.950.750.240.910.55
0.820.520.920.880.850.820.720.710.640.68-0.060.660.820.750.80.810.690.110.780.650.650.660.530.780.72
-0.22-0.020.03-0.02-0.17-0.19-0.3-0.420.38-0.380.61-0.16-0.220.270.15-0.06-0.420.11-0.29-0.44-0.48-0.420.32-0.310.12
0.830.540.880.890.830.810.810.860.260.76-0.510.880.820.30.730.840.860.78-0.290.870.870.760.320.990.64
0.90.490.70.720.850.860.910.960.150.75-0.640.750.90.20.530.640.990.65-0.440.870.960.760.190.920.52
0.920.450.720.720.870.90.930.950.240.82-0.510.730.910.240.580.670.950.65-0.480.870.960.830.280.910.57
0.850.560.760.740.90.870.820.770.321.0-0.330.690.850.420.720.80.750.66-0.420.760.760.830.510.810.76
0.50.20.570.490.580.560.490.270.60.560.370.360.50.530.840.570.240.530.320.320.190.280.510.350.91
0.890.570.880.880.880.870.870.90.270.81-0.530.880.880.330.750.850.910.78-0.310.990.920.910.810.350.69
0.750.470.810.750.820.790.720.560.550.790.020.660.750.560.960.810.550.720.120.640.520.570.760.910.69
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Ningbo Construction Account Relationship Matchups

Ningbo Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8B18.6B20.8B24.8B28.5B29.9B
Other Current Liab2.6B5.2B5.2B6.5B1.4B2.6B
Total Current Liabilities12.5B14.0B15.3B17.6B21.1B10.6B
Total Stockholder Equity2.9B3.6B3.9B5.1B4.8B2.7B
Retained Earnings1.4B1.6B1.9B2.1B2.1B2.2B
Accounts Payable6.4B6.6B7.0B8.5B9.9B10.4B
Cash2.2B2.6B2.6B3.7B5.2B5.5B
Other Assets687.5M525.5M2.3B2.8B3.3B3.4B
Net Receivables5.1B3.5B3.8B4.4B4.6B3.9B
Inventory5.1B619.4M747.9M855.1M843.1M800.9M
Other Current Assets562.3M839.0M837.5M1.1B925.3M605.4M
Total Liab12.5B14.8B16.6B19.3B23.3B24.4B
Intangible Assets299.5M293.7M279.5M269.8M261.9M210.2M
Property Plant Equipment1.1B1.3B1.3B1.3B1.5B799.5M
Long Term Debt1.4M757.6M1.2B1.6B2.0B2.1B
Other Liab27.8M27.0M53.1M51.5M59.3M31.4M
Net Tangible Assets2.4B3.1B3.4B4.6B5.3B3.0B
Other Stockholder Equity(11.0M)493.6M499.2M946.2M1.1B1.1B
Deferred Long Term Liab37.2M35.8M36.2M81.6M93.8M98.5M
Short Long Term Debt3.3B1.9B2.2B2.2B2.4B2.1B
Total Current Assets13.3B15.8B16.3B19.5B21.5B16.2B
Non Current Assets Total2.5B2.9B4.5B5.2B7.0B3.8B
Non Currrent Assets Other312.6M485.8M1.7B2.4B3.2B3.3B
Non Current Liabilities Total27.8M784.6M1.3B1.7B2.1B2.2B
Net Debt1.1B30.2M771.9M76.9M69.2M65.7M
Net Invested Capital6.2B6.2B7.2B8.9B9.2B8.0B
Net Working Capital772.1M1.7B977.5M2.0B379.5M360.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Ningbo Stock

Balance Sheet is a snapshot of the financial position of Ningbo Construction at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Construction 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.