Changshu Retained Earnings vs Short Term Investments Analysis

603201 Stock

18.13 0.17 0.93%

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

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changshu Tongrun Auto Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Changshu Tongrun's Retained Earnings and Short Term Investments is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Changshu Tongrun Auto, assuming nothing else is changed. The correlation between historical values of Changshu Tongrun's Retained Earnings and Short Term Investments 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 Changshu Tongrun Auto are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Changshu Tongrun's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Changshu Tongrun balance sheet. It contains any investments Changshu Tongrun Auto undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Changshu Tongrun Auto can easily liquidate in the marketplace.

Most indicators from Changshu Tongrun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changshu Tongrun Auto 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 Changshu Tongrun Auto. 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 Selling General Administrative is expected to grow to about 110.2 M, whereas Tax Provision is forecasted to decline to about 52.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	16.7M	12.7M	10.3M	12.0M
Interest Income	836.3K	5.6M	10.2M	10.7M

Interest Expense Interest Income

Changshu Tongrun fundamental ratios Correlations

	Net Debt	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Net Debt		-0.64	0.68	0.7	-0.61	-0.58	-0.65	0.56	-0.53	-0.6	-0.63	-0.63	-0.61	-0.52	-0.55	-0.32	-0.18	-0.63	0.54	-0.62	-0.62	0.65	-0.64	-0.57	-0.03	-0.64
Total Assets	-0.64		-0.89	-0.9	0.98	0.97	0.99	-0.82	0.91	0.98	0.93	0.75	0.96	0.84	0.69	0.56	0.08	0.68	-0.71	1.0	0.99	-0.81	1.0	0.98	-0.15	0.98
Other Current Liab	0.68	-0.89		0.92	-0.85	-0.82	-0.92	0.65	-0.71	-0.86	-0.95	-0.91	-0.8	-0.63	-0.88	-0.36	-0.48	-0.94	0.6	-0.88	-0.87	0.9	-0.89	-0.8	-0.26	-0.92
Total Current Liabilities	0.7	-0.9	0.92		-0.89	-0.8	-0.92	0.87	-0.81	-0.83	-0.84	-0.81	-0.9	-0.73	-0.68	-0.4	-0.17	-0.85	0.86	-0.87	-0.87	0.94	-0.92	-0.8	0.02	-0.92
Total Stockholder Equity	-0.61	0.98	-0.85	-0.89		0.91	0.98	-0.86	0.97	0.92	0.87	0.64	0.98	0.74	0.58	0.39	0.09	0.66	-0.76	0.98	0.94	-0.86	0.99	0.94	-0.1	0.99
Property Plant And Equipment Net	-0.58	0.97	-0.82	-0.8	0.91		0.94	-0.71	0.83	1.0	0.93	0.74	0.89	0.9	0.71	0.7	0.02	0.57	-0.57	0.98	0.99	-0.66	0.95	0.99	-0.24	0.91
Retained Earnings	-0.65	0.99	-0.92	-0.92	0.98	0.94		-0.81	0.91	0.95	0.94	0.76	0.95	0.77	0.71	0.46	0.19	0.74	-0.7	0.99	0.97	-0.86	0.99	0.95	-0.03	1.0
Accounts Payable	0.56	-0.82	0.65	0.87	-0.86	-0.71	-0.81		-0.91	-0.7	-0.59	-0.45	-0.94	-0.72	-0.26	-0.37	0.26	-0.51	0.97	-0.79	-0.76	0.8	-0.85	-0.74	0.38	-0.82
Cash	-0.53	0.91	-0.71	-0.81	0.97	0.83	0.91	-0.91		0.81	0.72	0.43	0.98	0.68	0.35	0.31	-0.08	0.5	-0.81	0.91	0.85	-0.79	0.93	0.88	-0.23	0.93
Non Current Assets Total	-0.6	0.98	-0.86	-0.83	0.92	1.0	0.95	-0.7	0.81		0.96	0.79	0.88	0.88	0.76	0.68	0.09	0.63	-0.57	0.98	1.0	-0.69	0.96	0.99	-0.17	0.92
Non Currrent Assets Other	-0.63	0.93	-0.95	-0.84	0.87	0.93	0.94	-0.59	0.72	0.96		0.89	0.8	0.75	0.89	0.54	0.37	0.79	-0.47	0.94	0.95	-0.76	0.91	0.91	0.11	0.92
Net Receivables	-0.63	0.75	-0.91	-0.81	0.64	0.74	0.76	-0.45	0.43	0.79	0.89		0.59	0.67	0.96	0.56	0.44	0.88	-0.42	0.72	0.78	-0.7	0.73	0.68	0.2	0.72
Common Stock Shares Outstanding	-0.61	0.96	-0.8	-0.9	0.98	0.89	0.95	-0.94	0.98	0.88	0.8	0.59		0.78	0.48	0.44	-0.06	0.6	-0.85	0.95	0.92	-0.84	0.98	0.92	-0.24	0.96
Short Term Investments	-0.52	0.84	-0.63	-0.73	0.74	0.9	0.77	-0.72	0.68	0.88	0.75	0.67	0.78		0.55	0.9	-0.31	0.39	-0.61	0.82	0.89	-0.47	0.82	0.87	-0.55	0.72
Non Current Liabilities Total	-0.55	0.69	-0.88	-0.68	0.58	0.71	0.71	-0.26	0.35	0.76	0.89	0.96	0.48	0.55		0.46	0.61	0.84	-0.2	0.69	0.73	-0.61	0.65	0.65	0.37	0.68
Capital Lease Obligations	-0.32	0.56	-0.36	-0.4	0.39	0.7	0.46	-0.37	0.31	0.68	0.54	0.56	0.44	0.9	0.46		-0.39	0.12	-0.25	0.54	0.65	-0.08	0.51	0.64	-0.62	0.37
Inventory	-0.18	0.08	-0.48	-0.17	0.09	0.02	0.19	0.26	-0.08	0.09	0.37	0.44	-0.06	-0.31	0.61	-0.39		0.64	0.23	0.11	0.07	-0.38	0.08	0.0	0.96	0.22
Other Current Assets	-0.63	0.68	-0.94	-0.85	0.66	0.57	0.74	-0.51	0.5	0.63	0.79	0.88	0.6	0.39	0.84	0.12	0.64		-0.54	0.66	0.65	-0.9	0.69	0.54	0.48	0.75
Total Liab	0.54	-0.71	0.6	0.86	-0.76	-0.57	-0.7	0.97	-0.81	-0.57	-0.47	-0.42	-0.85	-0.61	-0.2	-0.25	0.23	-0.54		-0.66	-0.64	0.8	-0.75	-0.59	0.32	-0.72
Net Invested Capital	-0.62	1.0	-0.88	-0.87	0.98	0.98	0.99	-0.79	0.91	0.98	0.94	0.72	0.95	0.82	0.69	0.54	0.11	0.66	-0.66		0.99	-0.79	0.99	0.99	-0.12	0.98
Property Plant And Equipment Gross	-0.62	0.99	-0.87	-0.87	0.94	0.99	0.97	-0.76	0.85	1.0	0.95	0.78	0.92	0.89	0.73	0.65	0.07	0.65	-0.64	0.99		-0.74	0.98	0.99	-0.18	0.94
Short Long Term Debt	0.65	-0.81	0.9	0.94	-0.86	-0.66	-0.86	0.8	-0.79	-0.69	-0.76	-0.7	-0.84	-0.47	-0.61	-0.08	-0.38	-0.9	0.8	-0.79	-0.74		-0.84	-0.68	-0.25	-0.89
Total Current Assets	-0.64	1.0	-0.89	-0.92	0.99	0.95	0.99	-0.85	0.93	0.96	0.91	0.73	0.98	0.82	0.65	0.51	0.08	0.69	-0.75	0.99	0.98	-0.84		0.96	-0.14	0.99
Capital Stock	-0.57	0.98	-0.8	-0.8	0.94	0.99	0.95	-0.74	0.88	0.99	0.91	0.68	0.92	0.87	0.65	0.64	0.0	0.54	-0.59	0.99	0.99	-0.68	0.96		-0.24	0.93
Non Current Liabilities Other	-0.03	-0.15	-0.26	0.02	-0.1	-0.24	-0.03	0.38	-0.23	-0.17	0.11	0.2	-0.24	-0.55	0.37	-0.62	0.96	0.48	0.32	-0.12	-0.18	-0.25	-0.14	-0.24		0.01
Net Working Capital	-0.64	0.98	-0.92	-0.92	0.99	0.91	1.0	-0.82	0.93	0.92	0.92	0.72	0.96	0.72	0.68	0.37	0.22	0.75	-0.72	0.98	0.94	-0.89	0.99	0.93	0.01

Click cells to compare fundamentals

Changshu Tongrun Account Relationship Matchups

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

Other Information on Investing in Changshu Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Changshu Retained Earnings vs Short Term Investments Analysis

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Investments

Changshu Tongrun fundamental ratios Correlations

Changshu Tongrun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Changshu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Working Capital	+ 1.0	Retained Earnings
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Retained Earnings	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.95	Other Current Liab
Common Stock Shares Outstanding	- 0.94	Accounts Payable
Other Current Assets	- 0.94	Other Current Liab
Net Working Capital	- 0.92	Total Current Liabilities
Total Current Assets	- 0.92	Total Current Liabilities
Retained Earnings	- 0.92	Total Current Liabilities