Beijing Net Invested Capital vs Non Current Assets Total 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 Net Invested Capital and its Non Current Assets Total 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.

Net Invested Capital vs Non Current Assets Total

Net Invested Capital vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Kingsoft Office Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beijing Kingsoft's Net Invested Capital and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total 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 Net Invested Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Beijing Kingsoft Office are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., Beijing Kingsoft's Net Invested Capital and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.
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 Income17.8M13.0M95.5M100.2M
Tax Provision49.8M67.3M75.4M79.1M

Beijing Kingsoft fundamental ratios Correlations

0.690.921.00.890.990.90.480.770.80.790.910.990.830.440.490.430.90.870.990.790.90.970.860.931.0
0.690.550.690.50.70.49-0.20.690.310.320.530.640.360.42-0.17-0.050.510.440.730.250.810.540.450.640.68
0.920.550.90.990.881.00.710.750.950.951.00.920.970.410.710.581.00.960.890.940.870.890.980.880.92
1.00.690.90.861.00.880.460.740.770.760.90.990.810.450.470.410.880.851.00.770.880.980.830.951.0
0.890.50.990.860.841.00.740.770.970.970.990.890.990.370.740.631.00.960.850.960.850.860.990.840.88
0.990.70.881.00.840.850.430.740.740.730.880.990.780.440.440.40.860.831.00.740.870.980.810.940.99
0.90.491.00.881.00.850.760.740.970.961.00.90.990.370.760.631.00.970.870.960.830.880.990.870.9
0.48-0.20.710.460.740.430.760.30.860.850.720.520.840.130.970.720.730.740.420.890.340.570.770.480.49
0.770.690.750.740.770.740.740.30.670.660.740.760.690.020.310.620.740.760.730.630.740.650.770.620.74
0.80.310.950.770.970.740.970.860.671.00.950.811.00.340.850.70.970.940.740.990.740.790.980.750.79
0.790.320.950.760.970.730.960.850.661.00.940.790.990.390.830.660.960.920.740.980.760.780.980.740.78
0.910.531.00.90.990.881.00.720.740.950.940.920.970.40.720.61.00.970.890.940.850.90.970.890.92
0.990.640.920.990.890.990.90.520.760.810.790.920.840.360.550.50.910.90.980.810.850.970.870.930.99
0.830.360.970.810.990.780.990.840.691.00.990.970.840.350.830.680.980.950.790.990.770.830.980.790.83
0.440.420.410.450.370.440.370.130.020.340.390.40.360.350.08-0.230.40.210.460.310.610.450.310.490.46
0.49-0.170.710.470.740.440.760.970.310.850.830.720.550.830.080.730.740.780.430.880.350.570.780.480.5
0.43-0.050.580.410.630.40.630.720.620.70.660.60.50.68-0.230.730.60.740.380.730.220.470.70.410.44
0.90.511.00.881.00.861.00.730.740.970.961.00.910.980.40.740.60.960.870.960.860.880.980.870.9
0.870.440.960.850.960.830.970.740.760.940.920.970.90.950.210.780.740.960.840.940.740.860.970.850.87
0.990.730.891.00.851.00.870.420.730.740.740.890.980.790.460.430.380.870.840.740.880.970.810.961.0
0.790.250.940.770.960.740.960.890.630.990.980.940.810.990.310.880.730.960.940.740.690.810.970.760.79
0.90.810.870.880.850.870.830.340.740.740.760.850.850.770.610.350.220.860.740.880.690.80.80.790.88
0.970.540.890.980.860.980.880.570.650.790.780.90.970.830.450.570.470.880.860.970.810.80.830.950.98
0.860.450.980.830.990.810.990.770.770.980.980.970.870.980.310.780.70.980.970.810.970.80.830.810.85
0.930.640.880.950.840.940.870.480.620.750.740.890.930.790.490.480.410.870.850.960.760.790.950.810.96
1.00.680.921.00.880.990.90.490.740.790.780.920.990.830.460.50.440.90.871.00.790.880.980.850.96
Click cells to compare fundamentals

Beijing Kingsoft Account Relationship Matchups

Beijing Kingsoft fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B8.5B10.4B12.1B14.0B7.7B
Other Current Liab465.8M973.9M1.6B2.0B134.2M127.5M
Total Current Liabilities726.7M1.4B2.3B2.8B3.2B3.3B
Total Stockholder Equity6.1B6.9B7.7B8.7B9.9B5.8B
Other Liab48.7M182.9M303.0M439.6M505.6M530.9M
Net Tangible Assets6.1B6.6B7.4B8.4B9.7B5.0B
Retained Earnings1.0B1.8B2.5B3.3B4.1B4.3B
Accounts Payable2.1M1.9M7.7M2.5M453.5M476.2M
Cash749.2M1.0B1.3B7.0B3.5B1.9B
Non Current Assets Total163.4M423.4M1.7B2.3B3.8B4.0B
Non Currrent Assets Other3.9M83.0M1.0B1.1B1.9B2.0B
Other Assets40.0M64.9M79.3M96.7M111.3M116.8M
Net Receivables372.6M398.1M411.5M496.8M566.9M393.4M
Non Current Liabilities Total48.7M182.9M377.8M509.1M800.6M840.7M
Inventory1.4M1.3M2.3M1.2M1.4M1.5M
Other Current Assets21.1M16.2M42.4M74.1M3.5B3.6B
Other Stockholder Equity6.5M(680.6K)(4.2M)11.4M13.1M13.8M
Total Liab775.4M1.6B2.6B3.3B4.0B4.2B
Deferred Long Term Liab11.0M12.7M12.5M28.1M32.3M33.9M
Total Current Assets6.7B8.1B8.7B9.8B10.1B6.5B
Intangible Assets17.6M59.0M118.0M102.3M87.0M59.6M
Property Plant Equipment67.2M61.7M187.7M310.1M356.6M374.5M
Net Invested Capital6.1B6.9B7.8B8.8B10.0B6.6B
Net Working Capital6.0B6.7B6.4B7.0B7.0B5.5B

Currently Active Assets on Macroaxis

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.