Beijing Inventory vs Total Current Liabilities Analysis

688111 Stock

294.74 0.46 0.16%

Beijing Kingsoft financial indicator trend analysis is way more than just evaluating Beijing Kingsoft Office prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Kingsoft Office is a good investment. Please check the relationship between Beijing Kingsoft Inventory and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Kingsoft Office. 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Kingsoft Office Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Beijing Kingsoft's Inventory and Total Current Liabilities is 0.41. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Beijing Kingsoft Office, assuming nothing else is changed. The correlation between historical values of Beijing Kingsoft's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Beijing Kingsoft Office are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Beijing Kingsoft's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Total Current Liabilities

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

Most indicators from Beijing Kingsoft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Kingsoft Office 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 Beijing Kingsoft Office. 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 79.1 M, whereas Selling General Administrative is forecasted to decline to about 753.2 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	17.8M	13.0M	95.5M	100.2M
Tax Provision	49.8M	67.3M	75.4M	79.1M

Net Interest Income Tax Provision

Beijing Kingsoft fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.69	0.92	1.0	0.89	0.99	0.9	0.48	0.77	0.8	0.79	0.91	0.99	0.83	0.44	0.49	0.43	0.9	0.87	0.99	0.79	0.9	0.97	0.86	0.93	1.0
Other Current Liab	0.69		0.55	0.69	0.5	0.7	0.49	-0.2	0.69	0.31	0.32	0.53	0.64	0.36	0.42	-0.17	-0.05	0.51	0.44	0.73	0.25	0.81	0.54	0.45	0.64	0.68
Total Current Liabilities	0.92	0.55		0.9	0.99	0.88	1.0	0.71	0.75	0.95	0.95	1.0	0.92	0.97	0.41	0.71	0.58	1.0	0.96	0.89	0.94	0.87	0.89	0.98	0.88	0.92
Total Stockholder Equity	1.0	0.69	0.9		0.86	1.0	0.88	0.46	0.74	0.77	0.76	0.9	0.99	0.81	0.45	0.47	0.41	0.88	0.85	1.0	0.77	0.88	0.98	0.83	0.95	1.0
Other Liab	0.89	0.5	0.99	0.86		0.84	1.0	0.74	0.77	0.97	0.97	0.99	0.89	0.99	0.37	0.74	0.63	1.0	0.96	0.85	0.96	0.85	0.86	0.99	0.84	0.88
Net Tangible Assets	0.99	0.7	0.88	1.0	0.84		0.85	0.43	0.74	0.74	0.73	0.88	0.99	0.78	0.44	0.44	0.4	0.86	0.83	1.0	0.74	0.87	0.98	0.81	0.94	0.99
Retained Earnings	0.9	0.49	1.0	0.88	1.0	0.85		0.76	0.74	0.97	0.96	1.0	0.9	0.99	0.37	0.76	0.63	1.0	0.97	0.87	0.96	0.83	0.88	0.99	0.87	0.9
Accounts Payable	0.48	-0.2	0.71	0.46	0.74	0.43	0.76		0.3	0.86	0.85	0.72	0.52	0.84	0.13	0.97	0.72	0.73	0.74	0.42	0.89	0.34	0.57	0.77	0.48	0.49
Cash	0.77	0.69	0.75	0.74	0.77	0.74	0.74	0.3		0.67	0.66	0.74	0.76	0.69	0.02	0.31	0.62	0.74	0.76	0.73	0.63	0.74	0.65	0.77	0.62	0.74
Non Current Assets Total	0.8	0.31	0.95	0.77	0.97	0.74	0.97	0.86	0.67		1.0	0.95	0.81	1.0	0.34	0.85	0.7	0.97	0.94	0.74	0.99	0.74	0.79	0.98	0.75	0.79
Non Currrent Assets Other	0.79	0.32	0.95	0.76	0.97	0.73	0.96	0.85	0.66	1.0		0.94	0.79	0.99	0.39	0.83	0.66	0.96	0.92	0.74	0.98	0.76	0.78	0.98	0.74	0.78
Other Assets	0.91	0.53	1.0	0.9	0.99	0.88	1.0	0.72	0.74	0.95	0.94		0.92	0.97	0.4	0.72	0.6	1.0	0.97	0.89	0.94	0.85	0.9	0.97	0.89	0.92
Net Receivables	0.99	0.64	0.92	0.99	0.89	0.99	0.9	0.52	0.76	0.81	0.79	0.92		0.84	0.36	0.55	0.5	0.91	0.9	0.98	0.81	0.85	0.97	0.87	0.93	0.99
Non Current Liabilities Total	0.83	0.36	0.97	0.81	0.99	0.78	0.99	0.84	0.69	1.0	0.99	0.97	0.84		0.35	0.83	0.68	0.98	0.95	0.79	0.99	0.77	0.83	0.98	0.79	0.83
Inventory	0.44	0.42	0.41	0.45	0.37	0.44	0.37	0.13	0.02	0.34	0.39	0.4	0.36	0.35		0.08	-0.23	0.4	0.21	0.46	0.31	0.61	0.45	0.31	0.49	0.46
Other Current Assets	0.49	-0.17	0.71	0.47	0.74	0.44	0.76	0.97	0.31	0.85	0.83	0.72	0.55	0.83	0.08		0.73	0.74	0.78	0.43	0.88	0.35	0.57	0.78	0.48	0.5
Other Stockholder Equity	0.43	-0.05	0.58	0.41	0.63	0.4	0.63	0.72	0.62	0.7	0.66	0.6	0.5	0.68	-0.23	0.73		0.6	0.74	0.38	0.73	0.22	0.47	0.7	0.41	0.44
Total Liab	0.9	0.51	1.0	0.88	1.0	0.86	1.0	0.73	0.74	0.97	0.96	1.0	0.91	0.98	0.4	0.74	0.6		0.96	0.87	0.96	0.86	0.88	0.98	0.87	0.9
Deferred Long Term Liab	0.87	0.44	0.96	0.85	0.96	0.83	0.97	0.74	0.76	0.94	0.92	0.97	0.9	0.95	0.21	0.78	0.74	0.96		0.84	0.94	0.74	0.86	0.97	0.85	0.87
Total Current Assets	0.99	0.73	0.89	1.0	0.85	1.0	0.87	0.42	0.73	0.74	0.74	0.89	0.98	0.79	0.46	0.43	0.38	0.87	0.84		0.74	0.88	0.97	0.81	0.96	1.0
Non Current Liabilities Other	0.79	0.25	0.94	0.77	0.96	0.74	0.96	0.89	0.63	0.99	0.98	0.94	0.81	0.99	0.31	0.88	0.73	0.96	0.94	0.74		0.69	0.81	0.97	0.76	0.79
Intangible Assets	0.9	0.81	0.87	0.88	0.85	0.87	0.83	0.34	0.74	0.74	0.76	0.85	0.85	0.77	0.61	0.35	0.22	0.86	0.74	0.88	0.69		0.8	0.8	0.79	0.88
Common Stock	0.97	0.54	0.89	0.98	0.86	0.98	0.88	0.57	0.65	0.79	0.78	0.9	0.97	0.83	0.45	0.57	0.47	0.88	0.86	0.97	0.81	0.8		0.83	0.95	0.98
Property Plant Equipment	0.86	0.45	0.98	0.83	0.99	0.81	0.99	0.77	0.77	0.98	0.98	0.97	0.87	0.98	0.31	0.78	0.7	0.98	0.97	0.81	0.97	0.8	0.83		0.81	0.85
Common Stock Shares Outstanding	0.93	0.64	0.88	0.95	0.84	0.94	0.87	0.48	0.62	0.75	0.74	0.89	0.93	0.79	0.49	0.48	0.41	0.87	0.85	0.96	0.76	0.79	0.95	0.81		0.96
Net Invested Capital	1.0	0.68	0.92	1.0	0.88	0.99	0.9	0.49	0.74	0.79	0.78	0.92	0.99	0.83	0.46	0.5	0.44	0.9	0.87	1.0	0.79	0.88	0.98	0.85	0.96

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Beijing Kingsoft Account Relationship Matchups

Beijing Kingsoft fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	8.5B	10.4B	12.1B	14.0B	7.7B
Other Current Liab	465.8M	973.9M	1.6B	2.0B	134.2M	127.5M
Total Current Liabilities	726.7M	1.4B	2.3B	2.8B	3.2B	3.3B
Total Stockholder Equity	6.1B	6.9B	7.7B	8.7B	9.9B	5.8B
Other Liab	48.7M	182.9M	303.0M	439.6M	505.6M	530.9M
Net Tangible Assets	6.1B	6.6B	7.4B	8.4B	9.7B	5.0B
Retained Earnings	1.0B	1.8B	2.5B	3.3B	4.1B	4.3B
Accounts Payable	2.1M	1.9M	7.7M	2.5M	453.5M	476.2M
Cash	749.2M	1.0B	1.3B	7.0B	3.5B	1.9B
Non Current Assets Total	163.4M	423.4M	1.7B	2.3B	3.8B	4.0B
Non Currrent Assets Other	3.9M	83.0M	1.0B	1.1B	1.9B	2.0B
Other Assets	40.0M	64.9M	79.3M	96.7M	111.3M	116.8M
Net Receivables	372.6M	398.1M	411.5M	496.8M	566.9M	393.4M
Non Current Liabilities Total	48.7M	182.9M	377.8M	509.1M	800.6M	840.7M
Inventory	1.4M	1.3M	2.3M	1.2M	1.4M	1.5M
Other Current Assets	21.1M	16.2M	42.4M	74.1M	3.5B	3.6B
Other Stockholder Equity	6.5M	(680.6K)	(4.2M)	11.4M	13.1M	13.8M
Total Liab	775.4M	1.6B	2.6B	3.3B	4.0B	4.2B
Deferred Long Term Liab	11.0M	12.7M	12.5M	28.1M	32.3M	33.9M
Total Current Assets	6.7B	8.1B	8.7B	9.8B	10.1B	6.5B
Intangible Assets	17.6M	59.0M	118.0M	102.3M	87.0M	59.6M
Property Plant Equipment	67.2M	61.7M	187.7M	310.1M	356.6M	374.5M
Net Invested Capital	6.1B	6.9B	7.8B	8.8B	10.0B	6.6B
Net Working Capital	6.0B	6.7B	6.4B	7.0B	7.0B	5.5B

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Other Information on Investing in Beijing Stock

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

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Beijing Inventory vs Total Current Liabilities Analysis

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Inventory

Total Current Liabilities

Beijing Kingsoft fundamental ratios Correlations

Beijing Kingsoft Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Kingsoft fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Other Stockholder Equity	- 0.23	Inventory
Accounts Payable	- 0.2	Other Current Liab
Other Current Assets	- 0.17	Other Current Liab
Other Stockholder Equity	- 0.05	Other Current Liab