Mengtian Total Liab vs Accounts Payable Analysis

603216 Stock

10.28 0.35 3.29%

Mengtian Home financial indicator trend analysis is infinitely more than just investigating Mengtian Home Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mengtian Home Group is a good investment. Please check the relationship between Mengtian Home Total Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mengtian Home Group. 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.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mengtian Home Group Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Mengtian Home's Total Liab and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Mengtian Home Group, assuming nothing else is changed. The correlation between historical values of Mengtian Home's Total Liab 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 Total Liab of Mengtian Home Group 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 Total Liab i.e., Mengtian Home's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Mengtian Home 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 Mengtian Home Group 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 Mengtian Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mengtian Home Group 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 Mengtian Home Group. 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 17.9 M, whereas Selling General Administrative is forecasted to decline to about 114.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	484.7M	443.6M	370.3M	357.9M
Total Revenue	1.5B	1.4B	1.3B	1.5B

Gross Profit Total Revenue

Mengtian Home fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Short Term Investments	Property Plant And Equipment Gross
Total Assets		-0.91	-0.52	1.0	0.98	-0.24	0.9	-0.66	-0.73	0.92	0.99	0.9	0.84	0.38	-0.5	1.0	-0.82	1.0	0.99	1.0	-0.92	-0.62	0.99	0.87
Other Current Liab	-0.91		0.38	-0.89	-0.93	0.17	-0.81	0.66	0.8	-0.8	-0.87	-0.81	-0.94	-0.32	0.36	-0.89	0.85	-0.9	-0.87	-0.88	0.88	0.6	-0.86	-0.78
Total Current Liabilities	-0.52	0.38		-0.55	-0.54	0.85	-0.24	0.69	0.44	-0.64	-0.61	-0.73	-0.19	-0.62	1.0	-0.55	0.54	-0.5	-0.61	-0.53	0.69	0.69	-0.55	-0.74
Total Stockholder Equity	1.0	-0.89	-0.55		0.98	-0.24	0.87	-0.63	-0.7	0.94	0.99	0.92	0.8	0.44	-0.52	1.0	-0.78	1.0	0.99	1.0	-0.91	-0.59	0.99	0.87
Retained Earnings	0.98	-0.93	-0.54	0.98		-0.29	0.8	-0.65	-0.79	0.96	0.96	0.9	0.8	0.46	-0.52	0.98	-0.83	0.98	0.96	0.98	-0.93	-0.6	0.96	0.89
Accounts Payable	-0.24	0.17	0.85	-0.24	-0.29		0.04	0.75	0.53	-0.4	-0.33	-0.35	-0.01	-0.23	0.87	-0.25	0.55	-0.21	-0.33	-0.22	0.56	0.77	-0.23	-0.66
Cash	0.9	-0.81	-0.24	0.87	0.8	0.04		-0.55	-0.52	0.66	0.89	0.73	0.9	0.08	-0.22	0.87	-0.7	0.89	0.89	0.87	-0.75	-0.52	0.9	0.67
Non Current Assets Total	-0.66	0.66	0.69	-0.63	-0.65	0.75	-0.55		0.83	-0.6	-0.72	-0.58	-0.64	-0.01	0.69	-0.63	0.93	-0.64	-0.72	-0.61	0.89	1.0	-0.63	-0.9
Non Currrent Assets Other	-0.73	0.8	0.44	-0.7	-0.79	0.53	-0.52	0.83		-0.75	-0.7	-0.55	-0.7	-0.06	0.44	-0.7	0.95	-0.72	-0.7	-0.69	0.88	0.79	-0.65	-0.88
Net Receivables	0.92	-0.8	-0.64	0.94	0.96	-0.4	0.66	-0.6	-0.75		0.91	0.89	0.61	0.57	-0.62	0.94	-0.75	0.92	0.91	0.94	-0.88	-0.55	0.91	0.89
Common Stock Shares Outstanding	0.99	-0.87	-0.61	0.99	0.96	-0.33	0.89	-0.72	-0.7	0.91		0.92	0.8	0.39	-0.59	0.99	-0.82	0.99	1.0	0.98	-0.93	-0.68	0.99	0.9
Non Current Liabilities Total	0.9	-0.81	-0.73	0.92	0.9	-0.35	0.73	-0.58	-0.55	0.89	0.92		0.66	0.7	-0.71	0.92	-0.65	0.9	0.92	0.92	-0.84	-0.54	0.92	0.8
Inventory	0.84	-0.94	-0.19	0.8	0.8	-0.01	0.9	-0.64	-0.7	0.61	0.8	0.66		0.03	-0.17	0.8	-0.81	0.83	0.8	0.79	-0.79	-0.6	0.8	0.67
Other Current Assets	0.38	-0.32	-0.62	0.44	0.46	-0.23	0.08	-0.01	-0.06	0.57	0.39	0.7	0.03		-0.6	0.44	-0.04	0.38	0.39	0.44	-0.31	0.02	0.41	0.29
Total Liab	-0.5	0.36	1.0	-0.52	-0.52	0.87	-0.22	0.69	0.44	-0.62	-0.59	-0.71	-0.17	-0.6		-0.53	0.53	-0.48	-0.59	-0.5	0.68	0.7	-0.53	-0.73
Net Invested Capital	1.0	-0.89	-0.55	1.0	0.98	-0.25	0.87	-0.63	-0.7	0.94	0.99	0.92	0.8	0.44	-0.53		-0.79	1.0	0.99	1.0	-0.91	-0.59	0.99	0.87
Short Long Term Debt	-0.82	0.85	0.54	-0.78	-0.83	0.55	-0.7	0.93	0.95	-0.75	-0.82	-0.65	-0.81	-0.04	0.53	-0.79		-0.8	-0.82	-0.77	0.95	0.9	-0.77	-0.94
Total Current Assets	1.0	-0.9	-0.5	1.0	0.98	-0.21	0.89	-0.64	-0.72	0.92	0.99	0.9	0.83	0.38	-0.48	1.0	-0.8		0.99	1.0	-0.91	-0.59	0.99	0.86
Capital Stock	0.99	-0.87	-0.61	0.99	0.96	-0.33	0.89	-0.72	-0.7	0.91	1.0	0.92	0.8	0.39	-0.59	0.99	-0.82	0.99		0.98	-0.93	-0.68	0.99	0.9
Net Working Capital	1.0	-0.88	-0.53	1.0	0.98	-0.22	0.87	-0.61	-0.69	0.94	0.98	0.92	0.79	0.44	-0.5	1.0	-0.77	1.0	0.98		-0.89	-0.56	0.99	0.85
Intangible Assets	-0.92	0.88	0.69	-0.91	-0.93	0.56	-0.75	0.89	0.88	-0.88	-0.93	-0.84	-0.79	-0.31	0.68	-0.91	0.95	-0.91	-0.93	-0.89		0.85	-0.89	-0.98
Property Plant And Equipment Net	-0.62	0.6	0.69	-0.59	-0.6	0.77	-0.52	1.0	0.79	-0.55	-0.68	-0.54	-0.6	0.02	0.7	-0.59	0.9	-0.59	-0.68	-0.56	0.85		-0.59	-0.87
Short Term Investments	0.99	-0.86	-0.55	0.99	0.96	-0.23	0.9	-0.63	-0.65	0.91	0.99	0.92	0.8	0.41	-0.53	0.99	-0.77	0.99	0.99	0.99	-0.89	-0.59		0.85
Property Plant And Equipment Gross	0.87	-0.78	-0.74	0.87	0.89	-0.66	0.67	-0.9	-0.88	0.89	0.9	0.8	0.67	0.29	-0.73	0.87	-0.94	0.86	0.9	0.85	-0.98	-0.87	0.85

Click cells to compare fundamentals

Mengtian Home 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 Mengtian Stock

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

Mengtian Total Liab vs Accounts Payable Analysis

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Liab

Accounts Payable

Mengtian Home fundamental ratios Correlations

Mengtian Home Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Mengtian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Property Plant And Equipment Gross	- 0.98	Intangible Assets
Property Plant And Equipment Gross	- 0.94	Short Long Term Debt
Inventory	- 0.94	Other Current Liab
Intangible Assets	- 0.93	Capital Stock
Intangible Assets	- 0.93	Common Stock Shares Outstanding
Intangible Assets	- 0.93	Retained Earnings