Yonghui Good Will vs Long Term Debt Analysis

601933 Stock   4.53  0.05  1.12%   
Yonghui Superstores financial indicator trend analysis is more than just analyzing Yonghui Superstores current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yonghui Superstores is a good investment. Please check the relationship between Yonghui Superstores Good Will and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yonghui Superstores 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yonghui Superstores Good Will account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yonghui Superstores' Good Will and Long Term Debt is 0.2. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Yonghui Superstores Co, assuming nothing else is changed. The correlation between historical values of Yonghui Superstores' Good Will and 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 Good Will of Yonghui Superstores Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Yonghui Superstores' Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Yonghui Superstores has held for over one year. Long-term debt appears on Yonghui Superstores Co 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 Yonghui Superstores Co 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.
Most indicators from Yonghui Superstores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yonghui Superstores 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 Yonghui Superstores 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.
The current year's Selling General Administrative is expected to grow to about 8.1 B. The current year's Tax Provision is expected to grow to about 164.5 M
 2021 2022 2023 2024 (projected)
Gross Profit17.0B17.7B16.7B16.6B
Minority Interest550.7M236.5M135.7M200.2M

Yonghui Superstores fundamental ratios Correlations

0.770.970.48-0.290.970.870.860.180.440.960.90.880.930.810.650.710.730.34-0.040.880.910.860.88-0.670.64
0.770.820.550.250.810.750.430.360.310.820.880.510.740.460.130.660.670.510.350.530.620.750.52-0.390.17
0.970.820.47-0.190.970.860.820.250.310.980.920.850.910.740.560.820.640.50.010.90.910.890.83-0.660.53
0.480.550.470.490.610.650.420.610.670.590.670.150.450.7-0.120.50.580.470.740.420.410.670.06-0.18-0.21
-0.290.25-0.190.49-0.13-0.03-0.510.490.1-0.120.06-0.65-0.23-0.25-0.880.05-0.080.350.9-0.39-0.3-0.07-0.670.45-0.89
0.970.810.970.61-0.130.870.840.350.470.990.930.80.90.830.520.750.730.490.120.880.90.890.77-0.610.48
0.870.750.860.65-0.030.870.720.120.330.860.850.690.910.780.40.830.710.380.190.710.690.870.64-0.580.38
0.860.430.820.42-0.510.840.720.110.430.820.720.910.790.90.810.60.560.24-0.240.910.830.790.83-0.710.73
0.180.360.250.610.490.350.120.110.440.40.36-0.07-0.030.28-0.30.110.220.750.650.240.270.35-0.120.05-0.36
0.440.310.310.670.10.470.330.430.440.420.510.250.30.650.170.070.55-0.040.370.380.460.440.230.080.13
0.960.820.980.59-0.120.990.860.820.40.420.920.80.870.80.50.760.710.560.120.880.890.90.76-0.610.47
0.90.880.920.670.060.930.850.720.360.510.920.710.850.750.40.720.640.480.270.770.80.910.68-0.540.36
0.880.510.850.15-0.650.80.690.91-0.070.250.80.710.820.730.910.570.550.16-0.440.860.810.750.98-0.740.89
0.930.740.910.45-0.230.90.910.79-0.030.30.870.850.820.750.580.770.70.25-0.050.780.790.80.8-0.660.57
0.810.460.740.7-0.250.830.780.90.280.650.80.750.730.750.590.590.670.270.120.840.780.830.65-0.580.5
0.650.130.56-0.12-0.880.520.40.81-0.30.170.50.40.910.580.590.250.32-0.15-0.710.680.60.450.9-0.640.98
0.710.660.820.50.050.750.830.60.110.070.760.720.570.770.590.250.440.540.20.750.720.820.51-0.550.19
0.730.670.640.58-0.080.730.710.560.220.550.710.640.550.70.670.320.440.20.150.520.580.640.53-0.390.37
0.340.510.50.470.350.490.380.240.75-0.040.560.480.160.250.27-0.150.540.20.440.430.380.550.11-0.36-0.2
-0.040.350.010.740.90.120.19-0.240.650.370.120.27-0.44-0.050.12-0.710.20.150.44-0.09-0.020.22-0.470.26-0.74
0.880.530.90.42-0.390.880.710.910.240.380.880.770.860.780.840.680.750.520.43-0.090.960.850.83-0.690.61
0.910.620.910.41-0.30.90.690.830.270.460.890.80.810.790.780.60.720.580.38-0.020.960.810.82-0.590.56
0.860.750.890.67-0.070.890.870.790.350.440.90.910.750.80.830.450.820.640.550.220.850.810.68-0.620.4
0.880.520.830.06-0.670.770.640.83-0.120.230.760.680.980.80.650.90.510.530.11-0.470.830.820.68-0.720.91
-0.67-0.39-0.66-0.180.45-0.61-0.58-0.710.050.08-0.61-0.54-0.74-0.66-0.58-0.64-0.55-0.39-0.360.26-0.69-0.59-0.62-0.72-0.62
0.640.170.53-0.21-0.890.480.380.73-0.360.130.470.360.890.570.50.980.190.37-0.2-0.740.610.560.40.91-0.62
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Yonghui Superstores Account Relationship Matchups

Yonghui Superstores fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.4B56.2B71.3B62.1B52.1B30.9B
Other Current Liab6.8B7.7B7.9B6.4B563.9M535.8M
Total Current Liabilities31.5B34.9B34.1B29.1B24.7B15.4B
Total Stockholder Equity20.1B19.4B10.7B7.5B5.9B10.4B
Retained Earnings4.4B4.9B(2.7B)(6.8B)(8.1B)(7.7B)
Accounts Payable13.0B12.5B12.6B12.2B9.8B6.8B
Cash7.1B12.0B9.2B7.6B5.8B4.8B
Other Assets3.9B4.6B4.7B5.2B5.9B6.2B
Net Receivables6.3B447.4M477.0M530.6M421.7M400.7M
Short Term Investments1.0B241.4M1.6B890.8M736.0M1.0B
Inventory12.3B10.9B10.8B10.5B8.3B5.9B
Other Current Assets4.3B4.6B5.4B2.9B2.0B2.2B
Total Liab31.9B35.8B60.2B54.5B46.1B48.4B
Intangible Assets812.4M1.6B1.5B1.3B1.0B628.1M
Property Plant Equipment5.3B5.5B27.0B23.9B27.5B28.9B
Other Liab244.2M411.6M871.5M294.9M339.1M223.2M
Net Tangible Assets19.0B17.6B9.1B6.1B5.5B5.3B
Deferred Long Term Liab3.3B3.7B3.7B3.5B4.0B3.4B
Total Current Assets31.1B33.2B28.7B24.5B19.0B26.1B
Non Current Assets Total21.3B23.0B42.6B37.6B33.0B26.8B
Non Current Liabilities Total411.6M871.5M26.1B25.4B21.4B22.5B
Other Stockholder Equity1.5M(584.1K)1.5M440.3K506.3K732.7K
Non Current Liabilities Other6.8M123.7M3.6M7.4M84.7M89.0M
Net Invested Capital30.9B33.2B22.6B16.1B11.4B18.0B
Net Working Capital(420.9M)(1.7B)(5.4B)(4.5B)(5.7B)(5.4B)
Short Long Term Debt10.8B13.9B10.9B6.5B5.1B6.8B

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Other Information on Investing in Yonghui Stock

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