China Total Current Liabilities vs Deferred Long Term Liab Analysis

601818 Stock   3.60  0.02  0.55%   
China Everbright financial indicator trend analysis is way more than just evaluating China Everbright Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Everbright Bank is a good investment. Please check the relationship between China Everbright Total Current Liabilities and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Everbright Bank. 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.

Total Current Liabilities vs Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Everbright Bank Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between China Everbright's Total Current Liabilities and Deferred Long Term Liab is -0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of China Everbright Bank, assuming nothing else is changed. The correlation between historical values of China Everbright's Total Current Liabilities 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 Total Current Liabilities of China Everbright Bank 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 Total Current Liabilities i.e., China Everbright's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on China Everbright balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Everbright Bank 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from China Everbright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Everbright Bank 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 China Everbright Bank. 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 Selling General Administrative is expected to grow to about 37.5 B. The current year's Tax Provision is expected to grow to about 9.6 B
 2023 2024 (projected)
Operating Income52.1B45.1B
Total Revenue145.6B91.9B

China Everbright fundamental ratios Correlations

0.99-0.680.810.390.960.91-0.53-0.521.00.20.680.950.80.890.870.870.76-0.170.020.83-0.90.580.840.86-0.48
0.99-0.680.820.40.970.93-0.46-0.580.990.270.640.970.810.910.910.90.81-0.170.020.87-0.940.610.830.86-0.54
-0.68-0.68-0.65-0.26-0.74-0.630.070.66-0.68-0.19-0.32-0.58-0.49-0.6-0.57-0.58-0.530.02-0.14-0.520.61-0.36-0.64-0.640.24
0.810.82-0.650.580.790.82-0.51-0.530.81-0.150.790.740.360.760.770.730.830.180.420.59-0.810.390.820.83-0.32
0.390.4-0.260.580.380.35-0.15-0.30.390.030.280.40.050.440.430.410.47-0.030.140.44-0.370.370.380.370.09
0.960.97-0.740.790.380.92-0.34-0.730.960.290.550.930.80.910.890.880.78-0.130.040.83-0.940.550.870.89-0.52
0.910.93-0.630.820.350.92-0.41-0.620.910.190.630.880.690.820.850.80.80.060.110.74-0.940.430.790.84-0.68
-0.53-0.460.07-0.51-0.15-0.34-0.41-0.29-0.540.56-0.87-0.4-0.19-0.27-0.26-0.26-0.24-0.06-0.12-0.20.29-0.11-0.33-0.330.11
-0.52-0.580.66-0.53-0.3-0.73-0.62-0.29-0.52-0.39-0.03-0.54-0.45-0.63-0.62-0.6-0.62-0.12-0.21-0.510.7-0.27-0.69-0.70.39
1.00.99-0.680.810.390.960.91-0.54-0.520.190.690.940.80.890.870.870.75-0.170.020.83-0.90.580.840.86-0.47
0.20.27-0.19-0.150.030.290.190.56-0.390.19-0.420.390.630.420.430.460.24-0.62-0.510.57-0.330.550.070.11-0.35
0.680.64-0.320.790.280.550.63-0.87-0.030.69-0.420.550.290.570.570.550.490.050.30.36-0.540.310.590.61-0.18
0.950.97-0.580.740.40.930.88-0.4-0.540.940.390.550.840.910.910.920.86-0.28-0.070.92-0.950.660.740.77-0.61
0.80.81-0.490.360.050.80.69-0.19-0.450.80.630.290.840.80.790.820.52-0.56-0.350.86-0.730.730.560.6-0.5
0.890.91-0.60.760.440.910.82-0.27-0.630.890.420.570.910.80.991.00.8-0.350.030.88-0.910.760.820.86-0.4
0.870.91-0.570.770.430.890.85-0.26-0.620.870.430.570.910.790.990.990.83-0.340.010.89-0.920.770.770.82-0.47
0.870.9-0.580.730.410.880.8-0.26-0.60.870.460.550.920.821.00.990.8-0.41-0.020.9-0.90.790.770.81-0.42
0.760.81-0.530.830.470.780.8-0.24-0.620.750.240.490.860.520.80.830.80.030.220.78-0.910.510.710.73-0.58
-0.17-0.170.020.18-0.03-0.130.06-0.06-0.12-0.17-0.620.05-0.28-0.56-0.35-0.34-0.410.030.66-0.50.04-0.750.140.12-0.08
0.020.02-0.140.420.140.040.11-0.12-0.210.02-0.510.3-0.07-0.350.030.01-0.020.220.66-0.27-0.13-0.260.350.330.2
0.830.87-0.520.590.440.830.74-0.2-0.510.830.570.360.920.860.880.890.90.78-0.5-0.27-0.820.850.590.62-0.46
-0.9-0.940.61-0.81-0.37-0.94-0.940.290.7-0.9-0.33-0.54-0.95-0.73-0.91-0.92-0.9-0.910.04-0.13-0.82-0.51-0.84-0.870.67
0.580.61-0.360.390.370.550.43-0.11-0.270.580.550.310.660.730.760.770.790.51-0.75-0.260.85-0.510.350.39-0.06
0.840.83-0.640.820.380.870.79-0.33-0.690.840.070.590.740.560.820.770.770.710.140.350.59-0.840.350.99-0.29
0.860.86-0.640.830.370.890.84-0.33-0.70.860.110.610.770.60.860.820.810.730.120.330.62-0.870.390.99-0.35
-0.48-0.540.24-0.320.09-0.52-0.680.110.39-0.47-0.35-0.18-0.61-0.5-0.4-0.47-0.42-0.58-0.080.2-0.460.67-0.06-0.29-0.35
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China Everbright Account Relationship Matchups

China Everbright fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7T5.4T5.9T6.3T6.8T7.1T
Total Stockholder Equity385.0B453.4B482.5B507.9B552.4B580.0B
Other Liab30.3B20.1B22.2B17.9B16.1B15.3B
Retained Earnings206.2B230.5B257.8B179.3B199.3B121.0B
Cash466.8B485.0B4.8T525.7B538.3B476.8B
Other Assets2.8T3.1T3.5T3.8T4.3T4.5T
Total Liab4.3T4.9T5.4T5.8T6.2T6.5T
Intangible Assets1.7B2.2B2.8B3.6B4.4B4.6B
Property Plant Equipment18.2B31.0B34.5B36.1B41.5B43.6B
Other Current Liab8.3B13.2B10.1B22.8B26.2B27.5B
Total Current Liabilities4.2T4.8T5.3T5.5T6.4T4.7T
Net Tangible Assets317.1B385.0B413.5B438.1B503.9B348.5B
Accounts Payable3.4T3.9T4.1T4.4T5.0T3.7T
Net Receivables24.3B30.9B25.1B17.2B19.8B17.5B
Inventory478M390M327M238M214.2M308.5M
Other Current Assets376.3B340.4B329.1B332.7B299.4B273.2B
Other Stockholder Equity7.9B45.5B47.3B43.6B50.1B52.6B
Deferred Long Term Liab871M900M950M927M834.3M876.1M
Long Term Investments225.2B1.7T1.8T2.1T2.3T1.3T
Total Current Assets563.7B655.6B736.0B712.4B641.2B565.9B
Net Debt71.3B117.8B368.9B538.9B755.2B793.0B
Common Stock Shares Outstanding52.5B54.0B54.0B54.0B59.1B59.5B
Net Invested Capital858.2B991.3B1.4T1.5T1.8T1.3T

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Other Information on Investing in China Stock

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