Juneyao Total Current Liabilities vs Deferred Long Term Liab Analysis

603885 Stock   14.52  0.33  2.33%   
Juneyao Airlines financial indicator trend analysis is infinitely more than just investigating Juneyao Airlines recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juneyao Airlines is a good investment. Please check the relationship between Juneyao Airlines Total Current Liabilities and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Juneyao Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juneyao Airlines Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Juneyao Airlines' Total Current Liabilities and Deferred Long Term Liab is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Juneyao Airlines, assuming nothing else is changed. The correlation between historical values of Juneyao Airlines' Total Current Liabilities and Deferred Long Term Liab 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 Current Liabilities of Juneyao Airlines are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., Juneyao Airlines' Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

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

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Juneyao Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juneyao Airlines 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 Juneyao Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 220.2 M, whereas Selling General Administrative is forecasted to decline to about 740.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses12.0B11.5B17.6B12.9B
Research Development79.1M67.5M78.0M43.4M

Juneyao Airlines fundamental ratios Correlations

0.20.980.840.020.320.460.530.810.54-0.180.970.750.980.750.940.90.84-0.750.920.940.540.820.950.170.93
0.20.160.50.650.78-0.270.51-0.140.530.20.310.280.080.470.29-0.060.38-0.330.340.060.410.30.020.29-0.05
0.980.160.780.00.230.490.50.820.42-0.190.940.70.980.740.920.90.77-0.750.880.960.490.810.940.060.92
0.840.50.780.070.70.340.830.60.80.260.870.860.720.610.910.720.97-0.530.860.690.840.90.670.420.62
0.020.650.00.070.23-0.160.02-0.090.09-0.380.15-0.170.010.460.01-0.070.05-0.510.220.060.060.020.04-0.140.0
0.320.780.230.70.23-0.20.67-0.090.710.520.410.610.160.350.440.080.6-0.190.440.070.670.510.090.510.05
0.46-0.270.490.34-0.16-0.20.330.770.18-0.080.460.140.470.080.470.710.46-0.340.470.490.380.470.49-0.080.49
0.530.510.50.830.020.670.330.350.640.490.560.550.380.310.750.470.77-0.260.520.380.820.740.280.210.24
0.81-0.140.820.6-0.09-0.090.770.350.42-0.240.790.50.820.460.750.930.69-0.590.80.830.450.660.870.130.84
0.540.530.420.80.090.710.180.640.420.250.610.60.410.310.610.420.8-0.250.670.280.640.530.420.790.38
-0.180.2-0.190.26-0.380.52-0.080.49-0.240.25-0.110.32-0.33-0.420.06-0.230.220.56-0.1-0.320.550.27-0.410.4-0.46
0.970.310.940.870.150.410.460.560.790.61-0.110.750.930.720.940.860.89-0.740.980.90.660.880.910.250.87
0.750.280.70.86-0.170.610.140.550.50.60.320.750.660.580.730.630.82-0.410.740.640.730.820.640.420.58
0.980.080.980.720.010.160.470.380.820.41-0.330.930.660.740.880.90.72-0.770.870.960.390.730.980.070.97
0.750.470.740.610.460.350.080.310.460.31-0.420.720.580.740.610.630.53-0.930.70.760.30.540.75-0.110.71
0.940.290.920.910.010.440.470.750.750.610.060.940.730.880.610.840.9-0.610.880.850.710.90.810.20.78
0.9-0.060.90.72-0.070.080.710.470.930.42-0.230.860.630.90.630.840.77-0.730.840.90.530.760.920.010.91
0.840.380.770.970.050.60.460.770.690.80.220.890.820.720.530.90.77-0.510.90.70.870.920.70.450.66
-0.75-0.33-0.75-0.53-0.51-0.19-0.34-0.26-0.59-0.250.56-0.74-0.41-0.77-0.93-0.61-0.73-0.51-0.74-0.79-0.28-0.53-0.790.23-0.78
0.920.340.880.860.220.440.470.520.80.67-0.10.980.740.870.70.880.840.9-0.740.840.690.850.880.340.84
0.940.060.960.690.060.070.490.380.830.28-0.320.90.640.960.760.850.90.7-0.790.840.440.780.95-0.090.92
0.540.410.490.840.060.670.380.820.450.640.550.660.730.390.30.710.530.87-0.280.690.440.890.360.350.29
0.820.30.810.90.020.510.470.740.660.530.270.880.820.730.540.90.760.92-0.530.850.780.890.680.190.63
0.950.020.940.670.040.090.490.280.870.42-0.410.910.640.980.750.810.920.7-0.790.880.950.360.680.10.99
0.170.290.060.42-0.140.51-0.080.210.130.790.40.250.420.07-0.110.20.010.450.230.34-0.090.350.190.10.05
0.93-0.050.920.620.00.050.490.240.840.38-0.460.870.580.970.710.780.910.66-0.780.840.920.290.630.990.05
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Juneyao Airlines Account Relationship Matchups

Juneyao Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.1B32.3B43.9B45.1B44.9B26.8B
Other Current Liab1.8B3.3B855.1M890.8M46.0M43.7M
Total Current Liabilities9.8B11.3B15.0B17.9B16.9B9.5B
Total Stockholder Equity12.9B10.9B10.1B9.5B8.4B7.9B
Other Liab262.5M4.1B305.2M314.8M362.0M343.9M
Retained Earnings5.8B5.2B4.3B45.2M27.3M25.9M
Accounts Payable572.0M578.1M523.4M545.0M1.3B1.4B
Cash1.6B1.8B1.1B1.2B1.4B1.4B
Other Assets2.1B1.4B1.6B2.9B3.4B3.6B
Long Term Debt10.2B6.0B4.5B3.6B4.1B4.7B
Net Receivables1.7B520.3M582.4M470.5M495.6M860.4M
Inventory197.6M206.7M206.9M208.9M248.9M138.4M
Other Current Assets951.8M428.2M1.0B818.1M356.6M539.7M
Total Liab20.2B21.4B33.8B35.6B36.5B18.8B
Intangible Assets133.0M874.8M847.3M720.6M162.1M276.3M
Property Plant Equipment19.5B20.3B32.5B32.1B36.9B38.7B
Net Tangible Assets12.8B10.0B9.3B8.8B10.1B9.6B
Other Stockholder Equity5.3M(1.3B)(1.1B)(756.1M)(680.5M)(646.5M)
Deferred Long Term Liab1.2B1.2B1.1B1.1B1.3B1.0B
Short Long Term Debt3.4B6.2B8.2B10.8B9.5B6.0B
Total Current Assets4.6B4.3B3.7B3.4B3.9B4.4B
Non Current Assets Total28.5B28.0B40.2B41.8B41.0B31.0B
Non Currrent Assets Other796.8M17.3M25.5M29.2M18.1M17.2M
Non Current Liabilities Total10.4B10.1B19.0B17.7B19.6B12.3B
Non Current Liabilities Other126.4M116.9M313.3M314.8M347.4M330.1M
Net Debt8.7B10.4B11.5B13.3B12.2B10.4B
Net Invested Capital23.2B23.1B22.7B24.0B22.0B23.1B
Net Working Capital(5.2B)(7.0B)(11.1B)(14.5B)(13.0B)(12.4B)
Short Term Investments112.5M145.0M104.3M108.8M100.8M111.2M

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Other Information on Investing in Juneyao Stock

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