China Good Will vs Total Current Liabilities Analysis

000066 Stock   15.11  0.44  2.83%   
China Greatwall financial indicator trend analysis is way more than just evaluating China Greatwall Computer prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Greatwall Computer is a good investment. Please check the relationship between China Greatwall Good Will and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Greatwall Computer. 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.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Greatwall Computer Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Greatwall's Good Will and Total Current Liabilities is 0.45. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of China Greatwall Computer, assuming nothing else is changed. The correlation between historical values of China Greatwall's Good Will 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 Good Will of China Greatwall Computer 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 Good Will i.e., China Greatwall's Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Liabilities

Total Current Liabilities is an item on China Greatwall balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Greatwall Computer 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 China Greatwall's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Greatwall Computer 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 Greatwall Computer. 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.
As of December 18, 2024, Selling General Administrative is expected to decline to about 804 M. The current year's Tax Provision is expected to grow to about (15.7 M)
 2021 2022 2023 2024 (projected)
Cost Of Revenue14.1B10.5B10.5B10.0B
Total Revenue17.8B14.0B13.4B12.7B

China Greatwall fundamental ratios Correlations

0.510.87-0.080.45-0.090.690.290.30.140.630.070.80.330.970.48-0.160.570.24-0.15-0.280.3-0.01-0.250.54-0.25
0.510.75-0.48-0.07-0.330.11-0.52-0.37-0.380.11-0.31-0.010.920.59-0.3-0.47-0.150.1-0.32-0.26-0.160.65-0.440.75-0.56
0.870.75-0.460.12-0.420.71-0.12-0.07-0.20.68-0.260.610.520.950.2-0.50.260.45-0.51-0.530.310.19-0.470.76-0.63
-0.08-0.48-0.460.740.88-0.40.540.840.87-0.440.9-0.05-0.25-0.270.430.910.57-0.770.90.71-0.44-0.080.63-0.610.82
0.45-0.070.120.740.620.050.530.880.86-0.050.770.370.00.320.770.670.84-0.510.620.44-0.250.010.38-0.230.47
-0.09-0.33-0.420.880.62-0.510.540.720.69-0.580.7-0.14-0.07-0.250.180.870.35-0.870.940.7-0.59-0.040.85-0.590.88
0.690.110.71-0.40.05-0.510.240.04-0.10.98-0.280.89-0.220.760.52-0.440.410.74-0.62-0.650.73-0.41-0.410.41-0.52
0.29-0.52-0.120.540.530.540.240.630.50.170.320.53-0.540.140.630.590.56-0.250.490.310.03-0.520.48-0.540.66
0.3-0.37-0.070.840.880.720.040.630.94-0.060.840.37-0.250.160.690.730.78-0.470.670.38-0.14-0.280.53-0.350.6
0.14-0.38-0.20.870.860.69-0.10.50.94-0.190.860.19-0.220.010.640.750.72-0.510.70.45-0.22-0.190.45-0.370.59
0.630.110.68-0.44-0.05-0.580.980.17-0.06-0.19-0.330.82-0.230.690.45-0.460.360.77-0.67-0.670.7-0.38-0.460.4-0.56
0.07-0.31-0.260.90.770.7-0.280.320.840.86-0.330.04-0.12-0.090.470.730.67-0.60.750.55-0.27-0.030.44-0.340.59
0.8-0.010.61-0.050.37-0.140.890.530.370.190.820.04-0.270.780.71-0.160.610.48-0.25-0.420.66-0.51-0.150.29-0.18
0.330.920.52-0.250.0-0.07-0.22-0.54-0.25-0.22-0.23-0.12-0.270.38-0.42-0.25-0.22-0.19-0.04-0.01-0.410.76-0.250.61-0.33
0.970.590.95-0.270.32-0.250.760.140.160.010.69-0.090.780.380.41-0.330.450.38-0.33-0.430.360.02-0.350.65-0.43
0.48-0.30.20.430.770.180.520.630.690.640.450.470.71-0.420.410.350.850.040.160.020.26-0.390.08-0.180.19
-0.16-0.47-0.50.910.670.87-0.440.590.730.75-0.460.73-0.16-0.25-0.330.350.52-0.860.90.81-0.640.020.73-0.80.87
0.57-0.150.260.570.840.350.410.560.780.720.360.670.61-0.220.450.850.52-0.190.340.180.05-0.190.16-0.180.28
0.240.10.45-0.77-0.51-0.870.74-0.25-0.47-0.510.77-0.60.48-0.190.380.04-0.86-0.19-0.92-0.870.87-0.38-0.680.59-0.78
-0.15-0.32-0.510.90.620.94-0.620.490.670.7-0.670.75-0.25-0.04-0.330.160.90.34-0.920.82-0.640.060.74-0.610.92
-0.28-0.26-0.530.710.440.7-0.650.310.380.45-0.670.55-0.42-0.01-0.430.020.810.18-0.870.82-0.70.420.56-0.680.7
0.3-0.160.31-0.44-0.25-0.590.730.03-0.14-0.220.7-0.270.66-0.410.360.26-0.640.050.87-0.64-0.7-0.6-0.490.45-0.49
-0.010.650.19-0.080.01-0.04-0.41-0.52-0.28-0.19-0.38-0.03-0.510.760.02-0.390.02-0.19-0.380.060.42-0.6-0.190.17-0.23
-0.25-0.44-0.470.630.380.85-0.410.480.530.45-0.460.44-0.15-0.25-0.350.080.730.16-0.680.740.56-0.49-0.19-0.650.78
0.540.750.76-0.61-0.23-0.590.41-0.54-0.35-0.370.4-0.340.290.610.65-0.18-0.8-0.180.59-0.61-0.680.450.17-0.65-0.77
-0.25-0.56-0.630.820.470.88-0.520.660.60.59-0.560.59-0.18-0.33-0.430.190.870.28-0.780.920.7-0.49-0.230.78-0.77
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China Greatwall Account Relationship Matchups

China Greatwall fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.7B27.5B32.7B33.9B34.1B22.6B
Other Current Liab1.6B1.6B1.8B143.0M111.4M105.8M
Total Current Liabilities9.6B11.7B15.4B12.2B10.5B13.0B
Total Stockholder Equity8.3B9.0B9.7B13.7B12.7B13.3B
Other Liab946.6M1.1B1.5B1.8B2.1B2.2B
Retained Earnings4.4B5.0B5.4B4.9B3.9B4.1B
Accounts Payable3.6B5.5B6.7B4.8B5.6B6.5B
Cash4.0B4.7B3.9B4.5B4.3B2.4B
Other Assets2.1B3.1B3.6B4.8B5.5B5.7B
Long Term Debt2.6B4.9B4.6B4.9B7.8B8.2B
Net Receivables4.6B3.7B4.7B4.8B5.2B6.8B
Inventory3.6B5.6B7.2B7.0B6.1B4.4B
Other Current Assets1.3B2.4B1.2B463.5M464.8M441.6M
Total Liab13.0B18.2B21.9B19.0B20.3B15.3B
Intangible Assets504.5M611.8M809.3M993.8M1.1B1.2B
Common Stock2.9B2.9B2.9B2.9B3.4B3.6B
Property Plant Equipment4.1B3.2B3.7B5.6B6.4B6.7B
Good Will24.7M23.2M22.5M24.6M25.0M23.9M
Net Tangible Assets6.5B7.8B8.4B9.0B10.4B7.0B
Other Stockholder Equity109.2M367.1M418.7M494.2M568.3M379.7M
Deferred Long Term Liab87.0M74.4M173.0M257.1M231.4M126.5M
Short Long Term Debt4.0B2.6B4.1B1.7B1.5B2.2B
Total Current Assets14.0B18.6B20.1B20.4B20.5B16.5B
Non Current Assets Total7.6B9.0B12.6B13.4B13.7B9.9B
Non Currrent Assets Other190.1M705.2M312.0M229.6M196.4M267.2M
Non Current Liabilities Total3.4B6.5B6.5B6.8B9.7B5.3B
Non Current Liabilities Other18.8M125.5M239.8M263.1M336.7M353.6M
Net Invested Capital14.5B16.5B18.4B20.2B22.0B17.3B
Net Working Capital4.4B6.8B4.7B8.2B10.0B6.1B
Net Debt2.2B2.8B4.8B2.1B5.0B3.2B

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Other Information on Investing in China Stock

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