Heilongjiang Non Current Liabilities Total vs Total Assets 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 Liabilities Total and its Total Assets 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 Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heilongjiang Publishing Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Heilongjiang Publishing's Non Current Liabilities Total and Total Assets is -0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Liabilities Total and Total Assets 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 Liabilities Total of Heilongjiang Publishing Media are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Heilongjiang Publishing's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Heilongjiang Publishing assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Heilongjiang Publishing books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.