Hengdian Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hengdian Entertainment Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.

The correlation between Hengdian Entertainment's Retained Earnings and Total Current Liabilities is 0.32. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Hengdian Entertainment Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Hengdian Entertainment's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

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

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 Retained Earnings vs Total Current Liabilities Analysis

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Current Liabilities

Hengdian Entertainment fundamental ratios Correlations

Hengdian Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hengdian Entertainment fundamental ratios Accounts

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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