Heilongjiang Non Current Assets Total vs Net Receivables Analysis

605577 Stock   16.80  0.08  0.48%   
Heilongjiang Publishing financial indicator trend analysis is much more than just examining Heilongjiang Publishing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heilongjiang Publishing is a good investment. Please check the relationship between Heilongjiang Publishing Non Current Assets Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heilongjiang Publishing Media. 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heilongjiang Publishing Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Heilongjiang Publishing's Non Current Assets Total and Net Receivables is 0.36. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Heilongjiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Heilongjiang Publishing's Non Current Assets Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Heilongjiang Publishing Media are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., Heilongjiang Publishing's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from Heilongjiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heilongjiang Publishing 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 Heilongjiang Publishing Media. 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 Selling General Administrative is expected to grow to about 306.8 M, whereas Tax Provision is projected to grow to (42.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense37.2M29.0M21.8M32.5M
Depreciation And Amortization132.8M125.6M144.4M111.5M

Heilongjiang Publishing fundamental ratios Correlations

-0.50.660.99-0.57-0.940.99-0.390.98-0.610.210.970.96-0.96-0.03-0.840.9-0.890.99-0.92-0.87-0.440.920.98-0.890.98
-0.5-0.62-0.420.530.3-0.430.23-0.450.50.31-0.36-0.590.490.460.24-0.250.56-0.40.590.240.79-0.3-0.530.31-0.49
0.66-0.620.63-0.4-0.510.630.20.56-0.42-0.360.530.79-0.8-0.4-0.310.36-0.680.58-0.61-0.32-0.120.590.73-0.370.66
0.99-0.420.63-0.5-0.941.0-0.350.99-0.540.240.990.93-0.940.05-0.840.93-0.851.0-0.88-0.89-0.380.930.98-0.90.98
-0.570.53-0.4-0.50.65-0.430.74-0.491.0-0.11-0.43-0.70.630.580.63-0.430.86-0.510.840.510.4-0.55-0.530.61-0.53
-0.940.3-0.51-0.940.65-0.910.51-0.940.69-0.41-0.93-0.90.9-0.020.89-0.870.89-0.950.910.850.29-0.88-0.890.88-0.91
0.99-0.430.631.0-0.43-0.91-0.30.98-0.470.210.990.91-0.930.09-0.820.92-0.810.99-0.84-0.88-0.390.920.97-0.880.97
-0.390.230.2-0.350.740.51-0.3-0.390.73-0.51-0.36-0.370.290.220.6-0.510.55-0.390.60.60.54-0.4-0.320.64-0.39
0.98-0.450.560.99-0.49-0.940.98-0.39-0.520.310.990.89-0.890.11-0.850.9-0.810.99-0.87-0.85-0.480.860.95-0.870.96
-0.610.5-0.42-0.541.00.69-0.470.73-0.52-0.13-0.47-0.730.660.560.67-0.470.88-0.550.860.550.36-0.59-0.570.65-0.57
0.210.31-0.360.24-0.11-0.410.21-0.510.31-0.130.280.06-0.090.33-0.290.35-0.140.27-0.14-0.35-0.110.140.18-0.320.26
0.97-0.360.530.99-0.43-0.930.99-0.360.99-0.470.280.88-0.890.14-0.860.95-0.780.99-0.84-0.9-0.390.910.94-0.90.96
0.96-0.590.790.93-0.7-0.90.91-0.370.89-0.730.060.88-0.98-0.3-0.790.8-0.960.92-0.95-0.79-0.380.90.96-0.840.94
-0.960.49-0.8-0.940.630.9-0.930.29-0.890.66-0.09-0.89-0.980.20.76-0.820.93-0.930.90.80.27-0.93-0.970.84-0.95
-0.030.46-0.40.050.58-0.020.090.220.110.560.330.14-0.30.20.020.120.380.070.26-0.030.12-0.09-0.110.06-0.07
-0.840.24-0.31-0.840.630.89-0.820.6-0.850.67-0.29-0.86-0.790.760.02-0.850.77-0.870.860.850.33-0.83-0.750.87-0.78
0.9-0.250.360.93-0.43-0.870.92-0.510.9-0.470.350.950.8-0.820.12-0.85-0.750.94-0.78-0.99-0.380.930.88-0.970.92
-0.890.56-0.68-0.850.860.89-0.810.55-0.810.88-0.14-0.78-0.960.930.380.77-0.75-0.840.970.780.38-0.86-0.880.84-0.87
0.99-0.40.581.0-0.51-0.950.99-0.390.99-0.550.270.990.92-0.930.07-0.870.94-0.84-0.88-0.9-0.390.930.96-0.910.97
-0.920.59-0.61-0.880.840.91-0.840.6-0.870.86-0.14-0.84-0.950.90.260.86-0.780.97-0.880.790.48-0.84-0.870.86-0.87
-0.870.24-0.32-0.890.510.85-0.880.6-0.850.55-0.35-0.9-0.790.8-0.030.85-0.990.78-0.90.790.37-0.94-0.850.99-0.89
-0.440.79-0.12-0.380.40.29-0.390.54-0.480.36-0.11-0.39-0.380.270.120.33-0.380.38-0.390.480.37-0.21-0.410.4-0.44
0.92-0.30.590.93-0.55-0.880.92-0.40.86-0.590.140.910.9-0.93-0.09-0.830.93-0.860.93-0.84-0.94-0.210.92-0.950.92
0.98-0.530.730.98-0.53-0.890.97-0.320.95-0.570.180.940.96-0.97-0.11-0.750.88-0.880.96-0.87-0.85-0.410.92-0.870.99
-0.890.31-0.37-0.90.610.88-0.880.64-0.870.65-0.32-0.9-0.840.840.060.87-0.970.84-0.910.860.990.4-0.95-0.87-0.9
0.98-0.490.660.98-0.53-0.910.97-0.390.96-0.570.260.960.94-0.95-0.07-0.780.92-0.870.97-0.87-0.89-0.440.920.99-0.9
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Heilongjiang Publishing Account Relationship Matchups

Heilongjiang Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.2B4.7B5.0B5.3B4.9B
Other Current Liab365.6M400.4M428.5M431.4M30.0M28.5M
Total Current Liabilities756.7M703.5M724.9M860.4M839.9M849.1M
Total Stockholder Equity2.2B2.4B3.0B3.4B3.6B2.9B
Property Plant And Equipment Net2.0B2.0B2.0B2.0B2.1B1.6B
Net Debt(1.2B)(1.2B)(1.7B)(1.7B)(1.5B)(1.6B)
Retained Earnings655.4M817.9M1.2B1.7B1.9B1.1B
Accounts Payable391.1M303.0M296.3M429.0M386.4M298.4M
Cash1.2B1.2B1.7B1.7B2.1B1.6B
Non Current Assets Total2.3B2.3B2.3B2.3B2.4B1.9B
Non Currrent Assets Other17.1M16.7M306.8M11.3M1.7M1.6M
Cash And Short Term Investments1.3B1.5B2.0B2.3B2.6B1.7B
Common Stock Shares Outstanding400.0M400.0M414.8M444.4M444.4M452.6M
Liabilities And Stockholders Equity4.1B4.2B4.7B5.0B5.8B4.7B
Non Current Liabilities Total1.1B1.1B992.1M756.0M836.4M813.8M
Inventory222.6M224.2M232.8M220.7M228.6M182.1M
Other Current Assets26.8M10.8M17.8M16.4M24.9M23.6M
Other Stockholder Equity155.9M1.2B1.3B1.3B1.5B775.8M
Total Liab1.9B1.8B1.7B1.6B1.7B1.4B
Total Current Assets1.7B1.9B2.4B2.7B2.9B2.3B
Intangible Assets288.8M281.1M272.9M263.8M254.8M225.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Heilongjiang Stock

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