Jiangsu Non Current Assets Total vs Cash Analysis

688670 Stock   16.68  0.39  2.39%   
Jiangsu GDK financial indicator trend analysis is infinitely more than just investigating Jiangsu GDK Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu GDK Biotechnology is a good investment. Please check the relationship between Jiangsu GDK Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu GDK Biotechnology. 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 Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu GDK Biotechnology Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangsu GDK's Non Current Assets Total and Cash is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Jiangsu GDK Biotechnology, assuming nothing else is changed. The correlation between historical values of Jiangsu GDK's Non Current Assets Total and Cash 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 Jiangsu GDK Biotechnology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Jiangsu GDK's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Cash

Cash refers to the most liquid asset of Jiangsu GDK Biotechnology, which is listed under current asset account on Jiangsu GDK Biotechnology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangsu GDK customers. The amounts must be unrestricted with restricted cash listed in a different Jiangsu GDK account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Jiangsu GDK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu GDK Biotechnology 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 Jiangsu GDK Biotechnology. 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 95.1 M, whereas Tax Provision is projected to grow to (14.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense9.9M1.3M1.9M1.8M
Depreciation And Amortization28.1M29.8M34.2M31.6M

Jiangsu GDK fundamental ratios Correlations

0.09-0.81-0.540.960.93-0.630.930.860.810.950.530.950.920.840.45-0.370.980.090.890.970.870.70.880.99-0.05
0.09-0.240.60.04-0.110.550.36-0.210.39-0.12-0.140.04-0.020.540.060.650.211.00.230.130.140.49-0.10.130.98
-0.81-0.240.6-0.81-0.750.42-0.89-0.72-0.69-0.74-0.41-0.79-0.73-0.61-0.440.48-0.82-0.24-0.61-0.84-0.77-0.65-0.69-0.84-0.17
-0.540.60.6-0.62-0.650.79-0.4-0.68-0.13-0.66-0.41-0.63-0.53-0.01-0.470.98-0.440.6-0.3-0.56-0.530.0-0.6-0.550.64
0.960.04-0.81-0.620.91-0.720.910.850.750.930.480.990.880.770.62-0.480.930.040.870.940.870.570.880.98-0.11
0.93-0.11-0.75-0.650.91-0.810.780.980.770.990.280.880.770.640.56-0.530.84-0.110.850.940.920.450.720.92-0.23
-0.630.550.420.79-0.72-0.81-0.41-0.86-0.41-0.81-0.11-0.71-0.55-0.22-0.610.75-0.490.55-0.56-0.61-0.650.03-0.55-0.630.65
0.930.36-0.89-0.40.910.78-0.410.710.830.80.520.890.880.890.4-0.230.970.360.80.90.780.820.840.950.23
0.86-0.21-0.72-0.680.850.98-0.860.710.760.960.180.810.730.530.5-0.580.76-0.210.750.860.850.390.660.85-0.31
0.810.39-0.69-0.130.750.77-0.410.830.760.750.090.690.710.830.270.020.80.390.770.760.710.750.570.80.28
0.95-0.12-0.74-0.660.930.99-0.810.80.960.750.350.910.80.670.56-0.530.87-0.120.880.950.920.460.770.94-0.25
0.53-0.14-0.41-0.410.480.28-0.110.520.180.090.350.50.710.41-0.12-0.270.61-0.140.30.450.190.570.810.5-0.23
0.950.04-0.79-0.630.990.88-0.710.890.810.690.910.50.860.760.65-0.490.920.040.870.930.870.530.870.97-0.12
0.92-0.02-0.73-0.530.880.77-0.550.880.730.710.80.710.860.750.18-0.340.94-0.020.690.810.610.780.980.89-0.17
0.840.54-0.61-0.010.770.64-0.220.890.530.830.670.410.760.750.310.160.890.540.860.80.690.820.690.840.38
0.450.06-0.44-0.470.620.56-0.610.40.50.270.56-0.120.650.180.31-0.50.360.060.60.560.75-0.160.240.53-0.02
-0.370.650.480.98-0.48-0.530.75-0.23-0.580.02-0.53-0.27-0.49-0.340.16-0.5-0.260.65-0.16-0.42-0.440.2-0.42-0.390.66
0.980.21-0.82-0.440.930.84-0.490.970.760.80.870.610.920.940.890.36-0.260.210.860.940.80.810.910.970.06
0.091.0-0.240.60.04-0.110.550.36-0.210.39-0.12-0.140.04-0.020.540.060.650.210.230.130.140.49-0.10.130.98
0.890.23-0.61-0.30.870.85-0.560.80.750.770.880.30.870.690.860.6-0.160.860.230.910.90.530.670.90.09
0.970.13-0.84-0.560.940.94-0.610.90.860.760.950.450.930.810.80.56-0.420.940.130.910.950.610.780.970.0
0.870.14-0.77-0.530.870.92-0.650.780.850.710.920.190.870.610.690.75-0.440.80.140.90.950.380.580.890.04
0.70.49-0.650.00.570.450.030.820.390.750.460.570.530.780.82-0.160.20.810.490.530.610.380.690.670.39
0.88-0.1-0.69-0.60.880.72-0.550.840.660.570.770.810.870.980.690.24-0.420.91-0.10.670.780.580.690.87-0.25
0.990.13-0.84-0.550.980.92-0.630.950.850.80.940.50.970.890.840.53-0.390.970.130.90.970.890.670.87-0.01
-0.050.98-0.170.64-0.11-0.230.650.23-0.310.28-0.25-0.23-0.12-0.170.38-0.020.660.060.980.090.00.040.39-0.25-0.01
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Jiangsu GDK Account Relationship Matchups

Jiangsu GDK fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets397.3M778.0M1.8B1.8B1.6B1.1B
Short Long Term Debt Total56.9M296.7M10.0M42.0M48.3M85.4M
Other Current Liab405.6M187.2M153.2M161.5M145.4M199.2M
Total Current Liabilities488.6M509.1M221.7M302.5M227.3M282.6M
Total Stockholder Equity(108.4M)242.5M1.5B1.5B1.4B1.4B
Property Plant And Equipment Net192.8M193.1M523.9M785.9M794.9M458.8M
Net Debt49.4M208.7M(26.7M)(132.7M)(119.4M)(113.4M)
Retained Earnings(158.4M)126.2M200.4M193.8M105.2M110.5M
Accounts Payable26.1M25.1M58.5M98.9M86.7M58.1M
Cash7.6M88.0M36.7M174.7M70.4M59.9M
Non Current Assets Total302.0M255.2M684.8M875.8M909.4M567.3M
Non Currrent Assets Other3.8M5.8M81.2M5.5M3.4M3.2M
Cash And Short Term Investments16.7M128.0M694.0M565.3M650.1M682.6M
Liabilities And Stockholders Equity397.3M778.0M1.8B1.8B2.1B2.2B
Non Current Liabilities Total17.1M26.4M71.4M64.6M33.2M39.2M
Inventory18.4M33.3M28.0M32.0M22.0M21.6M
Total Liab505.7M535.5M293.1M367.1M260.5M311.1M
Total Current Assets95.3M522.8M1.1B951.0M722.2M532.3M
Short Term Debt56.9M296.7M10.0M42.0M48.3M85.4M
Intangible Assets48.5M49.5M57.9M66.6M77.5M58.5M
Common Stock Shares Outstanding50.1M65.9M75.0M88.4M123.2M83.0M

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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