China Long Term Debt vs Good Will Analysis

603060 Stock

7.80 0.09 1.14%

China Building financial indicator trend analysis is way more than just evaluating China Building Material prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Building Material is a good investment. Please check the relationship between China Building Long Term Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Building Material. 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 Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Building Material Long Term Debt account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Building's Long Term Debt and Good Will is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of China Building Material, assuming nothing else is changed. The correlation between historical values of China Building's Long Term Debt and Good Will 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 China Building Material are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., China Building's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

Long-term debt is a debt that China Building Material has held for over one year. Long-term debt appears on China Building Material 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 China Building Material 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.

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.

Most indicators from China Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Building Material 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 Building Material. 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.

As of December 11, 2024, Selling General Administrative is expected to decline to about 112.5 M. In addition to that, Tax Provision is expected to decline to about 37.9 M

	2021	2022	2023	2024 (projected)
Operating Income	421.0M	426.9M	472.1M	249.7M
Total Revenue	2.2B	2.4B	2.7B	2.8B

Operating Income Total Revenue

China Building fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.4	0.98	0.84	0.91	0.84	0.86	0.66	0.98	0.98	0.98	0.98	0.27	0.98	0.75	0.99	1.0	0.89	0.7	0.98	0.81	0.87	0.92	0.65	0.92	-0.75
Other Current Liab	0.4		0.26	0.63	0.51	0.7	-0.1	0.44	0.36	0.24	0.43	0.41	0.91	0.29	0.59	0.36	0.4	0.19	0.44	0.36	0.5	-0.07	0.47	0.56	0.55	-0.56
Total Current Liabilities	0.98	0.26		0.73	0.83	0.73	0.93	0.53	0.96	1.0	0.98	0.98	0.14	1.0	0.74	0.99	0.98	0.95	0.57	0.99	0.7	0.94	0.86	0.5	0.89	-0.63
Total Stockholder Equity	0.84	0.63	0.73		0.92	0.98	0.52	0.87	0.79	0.73	0.76	0.79	0.52	0.73	0.69	0.79	0.81	0.56	0.89	0.75	0.87	0.54	0.95	0.92	0.86	-0.88
Other Liab	0.91	0.51	0.83	0.92		0.92	0.68	0.8	0.85	0.83	0.82	0.85	0.4	0.82	0.62	0.88	0.89	0.65	0.89	0.84	0.92	0.68	0.89	0.82	0.82	-0.9
Retained Earnings	0.84	0.7	0.73	0.98	0.92		0.5	0.77	0.79	0.73	0.78	0.8	0.58	0.74	0.77	0.8	0.83	0.58	0.82	0.77	0.87	0.52	0.91	0.84	0.89	-0.87
Accounts Payable	0.86	-0.1	0.93	0.52	0.68	0.5		0.38	0.84	0.93	0.84	0.84	-0.17	0.91	0.54	0.89	0.87	0.89	0.45	0.89	0.57	0.99	0.7	0.32	0.72	-0.47
Cash	0.66	0.44	0.53	0.87	0.8	0.77	0.38		0.59	0.53	0.52	0.56	0.38	0.52	0.35	0.59	0.6	0.33	0.9	0.51	0.72	0.41	0.8	0.96	0.59	-0.72
Other Assets	0.98	0.36	0.96	0.79	0.85	0.79	0.84	0.59		0.96	0.96	0.97	0.19	0.97	0.78	0.97	0.98	0.91	0.62	0.96	0.75	0.87	0.88	0.58	0.89	-0.69
Net Receivables	0.98	0.24	1.0	0.73	0.83	0.73	0.93	0.53	0.96		0.97	0.98	0.12	1.0	0.72	0.99	0.98	0.95	0.58	0.99	0.72	0.95	0.86	0.5	0.89	-0.65
Good Will	0.98	0.43	0.98	0.76	0.82	0.78	0.84	0.52	0.96	0.97		0.99	0.29	0.99	0.81	0.98	0.98	0.95	0.55	0.99	0.71	0.86	0.87	0.51	0.94	-0.65
Inventory	0.98	0.41	0.98	0.79	0.85	0.8	0.84	0.56	0.97	0.98	0.99		0.27	0.99	0.78	0.98	0.98	0.94	0.6	0.99	0.74	0.87	0.9	0.56	0.93	-0.69
Other Current Assets	0.27	0.91	0.14	0.52	0.4	0.58	-0.17	0.38	0.19	0.12	0.29	0.27		0.16	0.42	0.23	0.26	0.07	0.39	0.23	0.45	-0.17	0.36	0.49	0.42	-0.51
Total Liab	0.98	0.29	1.0	0.73	0.82	0.74	0.91	0.52	0.97	1.0	0.99	0.99	0.16		0.76	0.99	0.98	0.96	0.55	0.99	0.69	0.93	0.86	0.49	0.9	-0.62
Intangible Assets	0.75	0.59	0.74	0.69	0.62	0.77	0.54	0.35	0.78	0.72	0.81	0.78	0.42	0.76		0.77	0.79	0.72	0.37	0.78	0.53	0.55	0.73	0.42	0.87	-0.5
Common Stock	0.99	0.36	0.99	0.79	0.88	0.8	0.89	0.59	0.97	0.99	0.98	0.98	0.23	0.99	0.77		1.0	0.92	0.64	0.99	0.76	0.9	0.89	0.58	0.92	-0.7
Property Plant Equipment	1.0	0.4	0.98	0.81	0.89	0.83	0.87	0.6	0.98	0.98	0.98	0.98	0.26	0.98	0.79	1.0		0.91	0.65	0.99	0.79	0.87	0.9	0.59	0.93	-0.73
Long Term Debt	0.89	0.19	0.95	0.56	0.65	0.58	0.89	0.33	0.91	0.95	0.95	0.94	0.07	0.96	0.72	0.92	0.91		0.34	0.95	0.53	0.91	0.76	0.29	0.85	-0.45
Net Tangible Assets	0.7	0.44	0.57	0.89	0.89	0.82	0.45	0.9	0.62	0.58	0.55	0.6	0.39	0.55	0.37	0.64	0.65	0.34		0.57	0.9	0.45	0.8	0.95	0.6	-0.9
Deferred Long Term Liab	0.98	0.36	0.99	0.75	0.84	0.77	0.89	0.51	0.96	0.99	0.99	0.99	0.23	0.99	0.78	0.99	0.99	0.95	0.57		0.72	0.9	0.87	0.51	0.93	-0.66
Long Term Investments	0.81	0.5	0.7	0.87	0.92	0.87	0.57	0.72	0.75	0.72	0.71	0.74	0.45	0.69	0.53	0.76	0.79	0.53	0.9	0.72		0.55	0.81	0.82	0.72	-0.99
Short Long Term Debt	0.87	-0.07	0.94	0.54	0.68	0.52	0.99	0.41	0.87	0.95	0.86	0.87	-0.17	0.93	0.55	0.9	0.87	0.91	0.45	0.9	0.55		0.74	0.34	0.73	-0.46
Total Current Assets	0.92	0.47	0.86	0.95	0.89	0.91	0.7	0.8	0.88	0.86	0.87	0.9	0.36	0.86	0.73	0.89	0.9	0.76	0.8	0.87	0.81	0.74		0.82	0.93	-0.78
Short Term Debt	0.65	0.56	0.5	0.92	0.82	0.84	0.32	0.96	0.58	0.5	0.51	0.56	0.49	0.49	0.42	0.58	0.59	0.29	0.95	0.51	0.82	0.34	0.82		0.62	-0.84
Non Current Assets Total	0.92	0.55	0.89	0.86	0.82	0.89	0.72	0.59	0.89	0.89	0.94	0.93	0.42	0.9	0.87	0.92	0.93	0.85	0.6	0.93	0.72	0.73	0.93	0.62		-0.69
Non Currrent Assets Other	-0.75	-0.56	-0.63	-0.88	-0.9	-0.87	-0.47	-0.72	-0.69	-0.65	-0.65	-0.69	-0.51	-0.62	-0.5	-0.7	-0.73	-0.45	-0.9	-0.66	-0.99	-0.46	-0.78	-0.84	-0.69

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China Building Account Relationship Matchups

China Building fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.4B	3.8B	4.4B	5.1B	5.3B
Other Current Liab	298.8M	426.2M	612.5M	487.6M	56.0M	53.2M
Total Current Liabilities	339.0M	545.7M	951.7M	1.2B	1.6B	1.7B
Total Stockholder Equity	1.3B	1.4B	1.6B	1.8B	1.9B	1.1B
Other Liab	107.4M	119.6M	122.0M	128.3M	147.5M	154.9M
Retained Earnings	616.8M	693.2M	790.2M	906.8M	859.8M	480.7M
Accounts Payable	8.2M	36.6M	46.8M	96.7M	265.1M	278.3M
Cash	306.0M	308.2M	315.5M	322.0M	388.9M	274.7M
Other Assets	48.5M	63.6M	141.6M	149.8M	172.3M	180.9M
Net Receivables	221.8M	302.1M	655.6M	937.6M	1.2B	1.3B
Good Will	150.4M	266.1M	622.6M	670.5M	702.3M	737.4M
Inventory	28.7M	27.1M	73.8M	91.5M	90.8M	95.4M
Other Current Assets	71.5M	103.2M	124.3M	102.0M	15.6M	14.9M
Total Liab	445.3M	703.4M	1.7B	2.0B	2.5B	2.6B
Intangible Assets	97.1M	133.7M	188.4M	185.0M	185.5M	117.6M
Common Stock	308M	431.2M	603.7M	729.2M	838.6M	880.5M
Property Plant Equipment	654.3M	937.6M	1.4B	1.6B	1.9B	2.0B
Net Tangible Assets	1.0B	980.6M	767.6M	921.9M	1.1B	930.1M
Deferred Long Term Liab	22.7M	34.2M	57.4M	65.3M	75.0M	78.8M
Total Current Assets	816.2M	877.9M	1.4B	1.7B	2.0B	1.2B
Non Current Assets Total	1.1B	1.5B	2.5B	2.7B	3.1B	1.7B
Non Currrent Assets Other	13.1M	1M	23.3M	12.0M	16.5M	15.7M
Non Current Liabilities Total	107.2M	157.6M	710.3M	740.9M	871.7M	915.2M
Net Invested Capital	1.3B	1.4B	2.1B	2.6B	3.2B	2.0B
Net Working Capital	468.1M	332.2M	408.1M	414.2M	388.0M	374.4M
Other Stockholder Equity	35.5M	36.7M	36.7M	21.9M	25.2M	32.0M
Capital Stock	308M	431.2M	603.7M	729.2M	803.9M	567.6M

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

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China Long Term Debt vs Good Will Analysis

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Debt

Good Will

China Building fundamental ratios Correlations

China Building Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Building fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Net Receivables
Property Plant Equipment	+ 1.0	Common Stock
Common Stock	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.99	Long Term Investments
Non Currrent Assets Other	- 0.9	Net Tangible Assets
Non Currrent Assets Other	- 0.9	Other Liab
Non Currrent Assets Other	- 0.88	Total Stockholder Equity
Non Currrent Assets Other	- 0.87	Retained Earnings
Non Currrent Assets Other	- 0.84	Short Term Debt