Hengdian Long Term Debt vs Accounts Payable Analysis

603103 Stock

13.59 0.28 2.10%

Hengdian Entertainment financial indicator trend analysis is much more than just examining Hengdian Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hengdian Entertainment is a good investment. Please check the relationship between Hengdian Entertainment Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hengdian Entertainment 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 board of governors.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengdian Entertainment Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.

The correlation between Hengdian Entertainment's Long Term Debt and Accounts Payable is 0.3. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hengdian Entertainment Co, assuming nothing else is changed. The correlation between historical values of Hengdian Entertainment's Long Term Debt and Accounts Payable 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 Hengdian Entertainment Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Hengdian Entertainment's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Hengdian Entertainment has held for over one year. Long-term debt appears on Hengdian Entertainment 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 Hengdian Entertainment 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.

Accounts Payable

An accounting item on the balance sheet that represents Hengdian Entertainment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hengdian Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Hengdian Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hengdian Entertainment 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 Hengdian Entertainment 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 board of governors.

As of November 26, 2024, Selling General Administrative is expected to decline to about 39.5 M. In addition to that, Tax Provision is expected to decline to about 10.4 M

Hengdian Entertainment fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Deferred Long Term Liab	Total Current Assets	Non Current Liabilities Other
Total Assets		0.88	0.8	0.71	0.87	0.14	-0.12	0.73	0.95	-0.88	-0.45	0.85	0.23	0.84	-0.01	0.92	0.81	-0.67	0.66	0.89	-0.55	0.22	0.79	0.78	0.77	-0.91
Other Current Liab	0.88		0.97	0.8	0.94	0.34	-0.12	0.72	0.87	-0.89	-0.35	0.83	0.38	0.59	0.06	0.97	0.63	-0.65	0.78	0.63	-0.65	0.34	0.49	0.88	0.9	-0.89
Total Current Liabilities	0.8	0.97		0.78	0.9	0.32	-0.05	0.72	0.8	-0.85	-0.32	0.77	0.31	0.51	0.08	0.93	0.58	-0.63	0.79	0.55	-0.68	0.34	0.39	0.86	0.9	-0.87
Total Stockholder Equity	0.71	0.8	0.78		0.93	0.73	-0.51	0.48	0.71	-0.91	0.04	0.62	0.62	0.2	-0.03	0.78	0.34	-0.61	0.95	0.33	-0.28	0.77	0.14	0.79	0.92	-0.88
Other Liab	0.87	0.94	0.9	0.93		0.49	-0.29	0.69	0.9	-0.97	-0.24	0.72	0.47	0.49	-0.06	0.94	0.59	-0.72	0.89	0.57	-0.54	0.52	0.4	0.89	0.92	-0.96
Retained Earnings	0.14	0.34	0.32	0.73	0.49		-0.75	-0.19	0.16	-0.45	0.48	0.24	0.75	-0.38	-0.03	0.27	-0.36	-0.03	0.64	-0.26	0.32	0.93	-0.41	0.29	0.56	-0.36
Accounts Payable	-0.12	-0.12	-0.05	-0.51	-0.29	-0.75		0.23	-0.03	0.3	-0.26	-0.26	-0.49	0.23	0.32	-0.08	0.26	0.07	-0.37	0.12	-0.42	-0.65	0.21	-0.05	-0.33	0.23
Cash	0.73	0.72	0.72	0.48	0.69	-0.19	0.23		0.76	-0.7	-0.61	0.48	-0.08	0.64	0.11	0.77	0.87	-0.89	0.53	0.63	-0.88	-0.14	0.55	0.79	0.61	-0.73
Other Assets	0.95	0.87	0.8	0.71	0.9	0.16	-0.03	0.76		-0.9	-0.41	0.71	0.19	0.76	-0.03	0.94	0.8	-0.74	0.67	0.8	-0.6	0.21	0.71	0.83	0.74	-0.88
Long Term Debt	-0.88	-0.89	-0.85	-0.91	-0.97	-0.45	0.3	-0.7	-0.9		0.3	-0.69	-0.39	-0.51	-0.06	-0.93	-0.62	0.75	-0.83	-0.6	0.5	-0.46	-0.44	-0.82	-0.85	0.93
Net Receivables	-0.45	-0.35	-0.32	0.04	-0.24	0.48	-0.26	-0.61	-0.41	0.3		-0.23	0.32	-0.66	-0.21	-0.43	-0.55	0.33	0.14	-0.52	0.53	0.52	-0.56	-0.13	-0.02	0.26
Inventory	0.85	0.83	0.77	0.62	0.72	0.24	-0.26	0.48	0.71	-0.69	-0.23		0.28	0.69	-0.01	0.78	0.6	-0.45	0.59	0.77	-0.38	0.26	0.66	0.66	0.76	-0.75
Other Current Assets	0.23	0.38	0.31	0.62	0.47	0.75	-0.49	-0.08	0.19	-0.39	0.32	0.28		-0.16	0.0	0.27	-0.16	-0.04	0.6	-0.06	0.06	0.76	-0.2	0.39	0.51	-0.43
Total Liab	0.84	0.59	0.51	0.2	0.49	-0.38	0.23	0.64	0.76	-0.51	-0.66	0.69	-0.16		0.0	0.67	0.86	-0.46	0.18	0.97	-0.54	-0.29	0.98	0.47	0.35	-0.58
Intangible Assets	-0.01	0.06	0.08	-0.03	-0.06	-0.03	0.32	0.11	-0.03	-0.06	-0.21	-0.01	0.0	0.0		0.14	-0.02	0.11	-0.12	-0.02	0.0	-0.12	0.0	-0.08	-0.09	0.11
Common Stock	0.92	0.97	0.93	0.78	0.94	0.27	-0.08	0.77	0.94	-0.93	-0.43	0.78	0.27	0.67	0.14		0.7	-0.7	0.73	0.7	-0.63	0.28	0.58	0.85	0.83	-0.88
Property Plant Equipment	0.81	0.63	0.58	0.34	0.59	-0.36	0.26	0.87	0.8	-0.62	-0.55	0.6	-0.16	0.86	-0.02	0.7		-0.8	0.38	0.89	-0.78	-0.27	0.85	0.69	0.47	-0.67
Good Will	-0.67	-0.65	-0.63	-0.61	-0.72	-0.03	0.07	-0.89	-0.74	0.75	0.33	-0.45	-0.04	-0.46	0.11	-0.7	-0.8		-0.65	-0.53	0.76	-0.04	-0.42	-0.81	-0.65	0.73
Net Tangible Assets	0.66	0.78	0.79	0.95	0.89	0.64	-0.37	0.53	0.67	-0.83	0.14	0.59	0.6	0.18	-0.12	0.73	0.38	-0.65		0.31	-0.4	0.73	0.11	0.87	0.96	-0.89
Non Current Assets Total	0.89	0.63	0.55	0.33	0.57	-0.26	0.12	0.63	0.8	-0.6	-0.52	0.77	-0.06	0.97	-0.02	0.7	0.89	-0.53	0.31		-0.51	-0.16	0.98	0.56	0.45	-0.66
Non Currrent Assets Other	-0.55	-0.65	-0.68	-0.28	-0.54	0.32	-0.42	-0.88	-0.6	0.5	0.53	-0.38	0.06	-0.54	0.0	-0.63	-0.78	0.76	-0.4	-0.51		0.29	-0.44	-0.72	-0.48	0.56
Short Term Investments	0.22	0.34	0.34	0.77	0.52	0.93	-0.65	-0.14	0.21	-0.46	0.52	0.26	0.76	-0.29	-0.12	0.28	-0.27	-0.04	0.73	-0.16	0.29		-0.33	0.36	0.62	-0.48
Non Current Liabilities Total	0.79	0.49	0.39	0.14	0.4	-0.41	0.21	0.55	0.71	-0.44	-0.56	0.66	-0.2	0.98	0.0	0.58	0.85	-0.42	0.11	0.98	-0.44	-0.33		0.4	0.26	-0.49
Deferred Long Term Liab	0.78	0.88	0.86	0.79	0.89	0.29	-0.05	0.79	0.83	-0.82	-0.13	0.66	0.39	0.47	-0.08	0.85	0.69	-0.81	0.87	0.56	-0.72	0.36	0.4		0.91	-0.89
Total Current Assets	0.77	0.9	0.9	0.92	0.92	0.56	-0.33	0.61	0.74	-0.85	-0.02	0.76	0.51	0.35	-0.09	0.83	0.47	-0.65	0.96	0.45	-0.48	0.62	0.26	0.91		-0.92
Non Current Liabilities Other	-0.91	-0.89	-0.87	-0.88	-0.96	-0.36	0.23	-0.73	-0.88	0.93	0.26	-0.75	-0.43	-0.58	0.11	-0.88	-0.67	0.73	-0.89	-0.66	0.56	-0.48	-0.49	-0.89	-0.92

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Hengdian Entertainment Account Relationship Matchups

Hengdian Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.5B	5.5B	4.5B	4.5B	3.6B
Other Current Liab	601.1M	932.0M	924.0M	774.2M	890.3M	663.0M
Total Current Liabilities	1.5B	1.4B	1.0B	1.3B	1.3B	1.1B
Total Stockholder Equity	2.4B	1.9B	1.5B	1.2B	1.3B	1.6B
Other Liab	206.5M	221.3M	216.0M	191.2M	219.9M	184.9M
Retained Earnings	1.1B	672.1M	289.0M	(175.3M)	(10.2M)	(9.7M)
Accounts Payable	134.7M	98.9M	84.5M	297.2M	296.9M	181.2M
Cash	289.2M	581.6M	421.2M	557.9M	904.1M	949.3M
Other Assets	742.4M	767.2M	703.7M	901.9M	1.0B	752.9M
Net Receivables	395.3M	37.6M	116.2M	80.4M	94.6M	146.9M
Inventory	159.1M	110.0M	206.2M	105.1M	73.1M	86.0M
Other Current Assets	533.2M	403.4M	211.6M	40.3M	29.4M	27.9M
Total Liab	1.1B	1.7B	4.0B	3.3B	3.1B	2.0B
Intangible Assets	3.0M	3.5M	3.5M	2.9M	2.8M	3.2M
Property Plant Equipment	896.8M	971.0M	860.3M	3.0B	3.4B	3.6B
Net Tangible Assets	2.2B	2.5B	1.9B	1.5B	1.7B	2.0B
Non Current Assets Total	1.8B	1.6B	4.0B	3.3B	2.9B	2.5B
Non Currrent Assets Other	109.0M	77.2M	142.0M	55.6M	26.5M	25.2M
Non Current Liabilities Total	221.3M	216.0M	3.0B	2.0B	1.9B	1.1B
Deferred Long Term Liab	604.4M	653.5M	593.3M	579.8M	666.8M	640.6M
Total Current Assets	2.4B	1.9B	1.5B	1.2B	1.6B	1.7B
Net Invested Capital	2.4B	2.1B	1.5B	1.2B	1.3B	1.5B
Net Working Capital	787.3M	441.9M	486.2M	(57.6M)	304.5M	371.8M

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Other Information on Investing in Hengdian Stock

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

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Hengdian Long Term Debt vs Accounts Payable Analysis

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Debt

Accounts Payable

Hengdian Entertainment fundamental ratios Correlations

Hengdian Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hengdian Entertainment fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Hengdian Stock

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Non Current Liabilities Total	+ 0.98	Total Liab
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Total Current Liabilities	+ 0.97	Other Current Liab
Common Stock	+ 0.97	Other Current Liab
Non Current Assets Total	+ 0.97	Total Liab
Total Current Assets	+ 0.96	Net Tangible Assets

Long Term Debt	- 0.97	Other Liab
Non Current Liabilities Other	- 0.96	Other Liab
Common Stock	- 0.93	Long Term Debt
Non Current Liabilities Other	- 0.92	Total Current Assets
Long Term Debt	- 0.91	Total Stockholder Equity
Non Current Liabilities Other	- 0.91	Total Assets