China Depreciation And Amortization vs Income Tax Expense Analysis
CGA Stock | USD 1.98 0.01 0.51% |
China Green financial indicator trend analysis is way more than just evaluating China Green Agriculture prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Green Agriculture is a good investment. Please check the relationship between China Green Depreciation And Amortization and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Green Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Green Agriculture Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between China Green's Depreciation And Amortization and Income Tax Expense is 0.17. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of China Green Agriculture, assuming nothing else is changed. The correlation between historical values of China Green's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of China Green Agriculture are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., China Green's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Tax Expense
Most indicators from China Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Green Agriculture 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 China Green Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Sales General And Administrative To Revenue is expected to grow to 0.45, whereas Selling General Administrative is forecasted to decline to about 38.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29.2M | 21.9M | 19.7M | 18.7M | Total Revenue | 168.5M | 124.1M | 95.8M | 91.1M |
China Green fundamental ratios Correlations
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China Green Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Green fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.1M | 266.7M | 195.1M | 186.7M | 163.2M | 300.6M | |
Short Long Term Debt Total | 3.5M | 4.2M | 5.1M | 7.2M | 10.3M | 11.1M | |
Other Current Liab | 50.7M | 39.0M | 18.3M | 19.0M | 18.8M | 22.8M | |
Total Current Liabilities | 79.3M | 79.2M | 60.3M | 60.4M | 61.3M | 53.1M | |
Total Stockholder Equity | 262.8M | 187.5M | 134.8M | 125.4M | 100.1M | 95.1M | |
Net Debt | (8.4M) | (14.4M) | (52.7M) | (63.9M) | (48.5M) | (50.9M) | |
Retained Earnings | 111.9M | (5.8M) | (103.4M) | (116.5M) | (144.9M) | (137.7M) | |
Accounts Payable | 17.7M | 2.1M | 1.7M | 2.1M | 1.7M | 1.6M | |
Cash | 11.9M | 18.6M | 57.8M | 71.1M | 58.8M | 67.0M | |
Cash And Short Term Investments | 11.9M | 18.6M | 57.8M | 71.1M | 58.8M | 67.0M | |
Common Stock Shares Outstanding | 5.6M | 6.8M | 9.3M | 13.2M | 13.9M | 14.6M | |
Liabilities And Stockholders Equity | 342.1M | 266.7M | 195.1M | 186.7M | 163.2M | 300.6M | |
Other Stockholder Equity | 155.5M | 170.2M | 224.7M | 242.1M | 244.8M | 134.4M | |
Total Liab | 79.3M | 79.2M | 60.3M | 61.3M | 63.1M | 57.2M | |
Total Current Assets | 285.2M | 217.7M | 153.8M | 151.2M | 127.7M | 224.0M | |
Common Stock | 6.4K | 8.5K | 12.1K | 13.4K | 14.8K | 14.1K | |
Property Plant And Equipment Net | 22.9M | 22.2M | 18.9M | 16.7M | 14.0M | 13.3M | |
Current Deferred Revenue | 7.3M | 6.3M | 8.0M | 5.5M | 4.9M | 7.9M | |
Non Current Assets Total | 56.9M | 49.0M | 41.3M | 35.5M | 35.6M | 58.9M | |
Net Receivables | 105.7M | 67.4M | 28.8M | 16.5M | 16.5M | 15.7M | |
Common Stock Total Equity | 4.0K | 6.4K | 8.5K | 12.1K | 10.9K | 19.2K | |
Non Current Liabilities Total | 28.6M | (1.0) | 13.7M | 937.0K | 1.9M | 1.8M | |
Inventory | 98.9M | 64.3M | 42.2M | 46.5M | 37.8M | 61.9M | |
Other Current Assets | 68.6M | 50.7M | 8.6M | 5.4M | 14.6M | 20.0M | |
Property Plant And Equipment Gross | 22.9M | 22.2M | 61.8M | 58.4M | 59.9M | 49.7M | |
Accumulated Other Comprehensive Income | (4.5M) | 23.1M | 13.5M | (222.4K) | 177.5K | 168.7K | |
Short Term Debt | 3.5M | 5.3M | 38.8M | 39.9M | 8.4M | 13.8M | |
Intangible Assets | 15.8M | 16.4M | 14.9M | 13.6M | 13.3M | 19.7M | |
Property Plant Equipment | 22.9M | 22.2M | 18.9M | 16.7M | 15.0M | 26.7M | |
Non Currrent Assets Other | 11.2M | 10.4M | 7.5M | 5.1M | 8.2M | 13.0M | |
Other Assets | 3.6K | (1.0) | 11.2M | 7.5M | (0.9) | (0.85) | |
Net Tangible Assets | 240.0M | 171.1M | 119.8M | 111.8M | 100.6M | 95.6M | |
Retained Earnings Total Equity | 235.8M | 247.1M | 111.9M | (103.4M) | (93.0M) | (88.4M) | |
Capital Surpluse | 155.5M | 170.2M | 224.7M | 242.1M | 278.4M | 161.6M | |
Short Long Term Debt | 7.7M | 9.2M | 5.1M | 6.3M | 8.4M | 9.2M | |
Long Term Debt Total | 7.4M | 7.5M | 0.0 | 937.0K | 843.3K | 801.2K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether China Green Agriculture offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China Green's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of China Green Agriculture Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Green Agriculture Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Green Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Green. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.15) | Revenue Per Share 6.877 | Quarterly Revenue Growth (0.15) | Return On Assets (0.10) | Return On Equity (0.25) |
The market value of China Green Agriculture is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Green's value that differs from its market value or its book value, called intrinsic value, which is China Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Green's market value can be influenced by many factors that don't directly affect China Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.