Nantong Long Term Debt vs Net Invested Capital Analysis

603115 Stock

13.60 0.11 0.82%

Nantong Haixing financial indicator trend analysis is infinitely more than just investigating Nantong Haixing Elec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Haixing Elec is a good investment. Please check the relationship between Nantong Haixing Long Term Debt and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Haixing Electronics. 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 Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nantong Haixing Elec Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Nantong Haixing's Long Term Debt and Net Invested Capital is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Nantong Haixing Electronics, assuming nothing else is changed. The correlation between historical values of Nantong Haixing's Long Term Debt and Net Invested Capital 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 Nantong Haixing Electronics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., Nantong Haixing's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

Long-term debt is a debt that Nantong Haixing Elec has held for over one year. Long-term debt appears on Nantong Haixing Electronics 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 Nantong Haixing Electronics 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Nantong Haixing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Haixing Elec 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 Nantong Haixing Electronics. 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 Tax Provision is expected to grow to about 23.2 M. The current year's Selling General Administrative is expected to grow to about 51.4 M

	2021	2022	2023	2024 (projected)
Gross Profit	453.5M	439.0M	365.9M	349.2M
Total Revenue	1.6B	1.8B	1.8B	1.4B

Gross Profit Total Revenue

Nantong Haixing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		-0.51	0.9	1.0	0.96	0.98	0.77	0.95	0.94	0.95	0.91	0.8	0.91	0.88	-0.05	-0.85	0.93	-0.24	1.0	0.59	0.97	0.96	0.92	0.98	1.0	0.99
Other Current Liab	-0.51		-0.26	-0.53	-0.4	-0.5	-0.12	-0.42	-0.52	-0.58	-0.69	-0.46	-0.54	-0.73	-0.41	0.39	-0.32	0.22	-0.47	-0.54	-0.51	-0.42	-0.44	-0.56	-0.56	-0.53
Total Current Liabilities	0.9	-0.26		0.88	0.87	0.85	0.83	0.95	0.87	0.88	0.79	0.75	0.8	0.72	-0.29	-0.86	0.99	-0.06	0.89	0.6	0.87	0.9	0.89	0.88	0.87	0.84
Total Stockholder Equity	1.0	-0.53	0.88		0.96	0.98	0.75	0.94	0.93	0.95	0.91	0.79	0.9	0.89	-0.02	-0.84	0.91	-0.25	0.99	0.58	0.97	0.95	0.91	0.97	1.0	0.99
Other Liab	0.96	-0.4	0.87	0.96		0.97	0.66	0.95	0.85	0.95	0.82	0.71	0.91	0.85	-0.06	-0.81	0.91	-0.39	0.95	0.6	0.98	0.98	0.91	0.97	0.95	0.93
Net Tangible Assets	0.98	-0.5	0.85	0.98	0.97		0.67	0.93	0.9	0.96	0.87	0.76	0.9	0.89	-0.06	-0.81	0.89	-0.26	0.97	0.65	0.99	0.97	0.86	0.97	0.98	0.96
Retained Earnings	0.77	-0.12	0.83	0.75	0.66	0.67		0.74	0.83	0.59	0.65	0.84	0.69	0.43	-0.36	-0.68	0.83	0.06	0.81	0.27	0.67	0.64	0.8	0.7	0.75	0.78
Accounts Payable	0.95	-0.42	0.95	0.94	0.95	0.93	0.74		0.89	0.95	0.84	0.77	0.9	0.86	-0.08	-0.81	0.97	-0.3	0.94	0.63	0.95	0.96	0.93	0.95	0.93	0.91
Cash	0.94	-0.52	0.87	0.93	0.85	0.9	0.83	0.89		0.85	0.82	0.89	0.91	0.8	-0.09	-0.77	0.9	-0.07	0.95	0.53	0.89	0.83	0.87	0.89	0.93	0.94
Non Current Assets Total	0.95	-0.58	0.88	0.95	0.95	0.96	0.59	0.95	0.85		0.91	0.68	0.85	0.94	-0.03	-0.86	0.9	-0.24	0.92	0.74	0.96	0.98	0.85	0.96	0.95	0.91
Other Assets	0.91	-0.69	0.79	0.91	0.82	0.87	0.65	0.84	0.82	0.91		0.7	0.76	0.86	0.02	-0.88	0.81	-0.16	0.89	0.64	0.87	0.86	0.84	0.91	0.93	0.9
Net Receivables	0.8	-0.46	0.75	0.79	0.71	0.76	0.84	0.77	0.89	0.68	0.7		0.89	0.57	-0.3	-0.58	0.8	-0.11	0.82	0.57	0.79	0.66	0.87	0.82	0.79	0.82
Non Current Liabilities Total	0.91	-0.54	0.8	0.9	0.91	0.9	0.69	0.9	0.91	0.85	0.76	0.89		0.79	-0.05	-0.65	0.86	-0.4	0.91	0.6	0.93	0.84	0.93	0.93	0.9	0.9
Inventory	0.88	-0.73	0.72	0.89	0.85	0.89	0.43	0.86	0.8	0.94	0.86	0.57	0.79		0.3	-0.72	0.76	-0.33	0.84	0.61	0.87	0.88	0.73	0.87	0.89	0.85
Other Current Assets	-0.05	-0.41	-0.29	-0.02	-0.06	-0.06	-0.36	-0.08	-0.09	-0.03	0.02	-0.3	-0.05	0.3		0.23	-0.26	-0.53	-0.06	-0.37	-0.1	-0.08	-0.14	-0.1	-0.01	0.0
Other Stockholder Equity	-0.85	0.39	-0.86	-0.84	-0.81	-0.81	-0.68	-0.81	-0.77	-0.86	-0.88	-0.58	-0.65	-0.72	0.23		-0.85	-0.09	-0.84	-0.54	-0.8	-0.85	-0.77	-0.83	-0.85	-0.81
Total Liab	0.93	-0.32	0.99	0.91	0.91	0.89	0.83	0.97	0.9	0.9	0.81	0.8	0.86	0.76	-0.26	-0.85		-0.12	0.92	0.62	0.91	0.92	0.92	0.92	0.9	0.88
Short Long Term Debt	-0.24	0.22	-0.06	-0.25	-0.39	-0.26	0.06	-0.3	-0.07	-0.24	-0.16	-0.11	-0.4	-0.33	-0.53	-0.09	-0.12		-0.24	-0.01	-0.33	-0.29	-0.37	-0.32	-0.26	-0.28
Total Current Assets	1.0	-0.47	0.89	0.99	0.95	0.97	0.81	0.94	0.95	0.92	0.89	0.82	0.91	0.84	-0.06	-0.84	0.92	-0.24		0.53	0.96	0.93	0.92	0.96	0.99	0.99
Intangible Assets	0.59	-0.54	0.6	0.58	0.6	0.65	0.27	0.63	0.53	0.74	0.64	0.57	0.6	0.61	-0.37	-0.54	0.62	-0.01	0.53		0.7	0.66	0.56	0.71	0.58	0.51
Common Stock	0.97	-0.51	0.87	0.97	0.98	0.99	0.67	0.95	0.89	0.96	0.87	0.79	0.93	0.87	-0.1	-0.8	0.91	-0.33	0.96	0.7		0.97	0.92	0.99	0.97	0.95
Property Plant Equipment	0.96	-0.42	0.9	0.95	0.98	0.97	0.64	0.96	0.83	0.98	0.86	0.66	0.84	0.88	-0.08	-0.85	0.92	-0.29	0.93	0.66	0.97		0.87	0.96	0.95	0.91
Long Term Debt	0.92	-0.44	0.89	0.91	0.91	0.86	0.8	0.93	0.87	0.85	0.84	0.87	0.93	0.73	-0.14	-0.77	0.92	-0.37	0.92	0.56	0.92	0.87		0.95	0.91	0.91
Common Stock Shares Outstanding	0.98	-0.56	0.88	0.97	0.97	0.97	0.7	0.95	0.89	0.96	0.91	0.82	0.93	0.87	-0.1	-0.83	0.92	-0.32	0.96	0.71	0.99	0.96	0.95		0.97	0.95
Net Invested Capital	1.0	-0.56	0.87	1.0	0.95	0.98	0.75	0.93	0.93	0.95	0.93	0.79	0.9	0.89	-0.01	-0.85	0.9	-0.26	0.99	0.58	0.97	0.95	0.91	0.97		0.99
Net Working Capital	0.99	-0.53	0.84	0.99	0.93	0.96	0.78	0.91	0.94	0.91	0.9	0.82	0.9	0.85	0.0	-0.81	0.88	-0.28	0.99	0.51	0.95	0.91	0.91	0.95	0.99

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Nantong Haixing Account Relationship Matchups

Nantong Haixing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.6B	2.3B	2.4B	2.4B	1.8B
Other Current Liab	15.3M	32.4M	19.1M	121.3K	77.9K	74.1K
Total Current Liabilities	265.0M	355.4M	321.4M	344.0M	356.5M	323.5M
Total Stockholder Equity	1.3B	1.2B	2.0B	2.0B	2.0B	1.5B
Other Liab	8.6M	22.0M	29.3M	32.8M	37.7M	20.9M
Net Tangible Assets	744.1M	1.2B	1.2B	1.9B	2.2B	1.2B
Retained Earnings	600.2M	569.9M	635.1M	580.8M	525.5M	612.8M
Accounts Payable	211.2M	269.8M	248.1M	296.8M	309.8M	242.1M
Cash	505.2M	343.1M	510.0M	681.4M	547.9M	473.3M
Non Current Assets Total	359.9M	483.7M	551.3M	643.0M	752.4M	510.6M
Other Assets	3.7M	5.6M	9.5M	32.9M	37.8M	39.7M
Net Receivables	398.7M	310.3M	347.7M	348.4M	367.3M	368.2M
Non Current Liabilities Total	47.0M	29.3M	32.8M	45.7M	48.9M	32.1M
Inventory	93.0M	108.6M	141.7M	220.4M	205.8M	137.8M
Other Current Assets	5.8M	5.4M	6.3M	12.2M	5.2M	7.0M
Other Stockholder Equity	5.0M	6.9M	1.0M	(1.0M)	(913.9K)	(868.2K)
Total Liab	312.0M	384.7M	354.2M	389.6M	405.4M	355.6M
Short Long Term Debt	58M	57.5M	10.0M	20.0M	18.0M	26.5M
Total Current Assets	1.2B	1.1B	1.8B	1.8B	1.6B	1.3B
Intangible Assets	38.2M	37.2M	36.1M	37.3M	63.9M	44.5M
Property Plant Equipment	283.9M	316.1M	437.1M	482.3M	554.6M	373.7M
Net Invested Capital	1.3B	1.2B	2.0B	2.0B	2.0B	1.6B
Net Working Capital	974.6M	792.4M	1.5B	1.4B	1.3B	1.1B

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

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Nantong Long Term Debt vs Net Invested Capital Analysis

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Invested Capital

Nantong Haixing fundamental ratios Correlations

Nantong Haixing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nantong Haixing fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Nantong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.88	Other Assets
Other Stockholder Equity	- 0.86	Non Current Assets Total
Other Stockholder Equity	- 0.86	Total Current Liabilities
Net Invested Capital	- 0.85	Other Stockholder Equity
Property Plant Equipment	- 0.85	Other Stockholder Equity
Total Liab	- 0.85	Other Stockholder Equity