Nanjing Other Assets vs Long Term Debt Analysis

000525 Stock   7.39  0.39  5.01%   
Nanjing Red financial indicator trend analysis is infinitely more than just investigating Nanjing Red Sun recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Red Sun is a good investment. Please check the relationship between Nanjing Red Other Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Red Sun. 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.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Red Sun Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Nanjing Red's Other Assets and Long Term Debt is 0.0. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Nanjing Red Sun, assuming nothing else is changed. The correlation between historical values of Nanjing Red's Other Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Nanjing Red Sun are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Nanjing Red's Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Assets

Long Term Debt

Long-term debt is a debt that Nanjing Red Sun has held for over one year. Long-term debt appears on Nanjing Red Sun balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nanjing Red Sun balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Nanjing Red's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Red Sun 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 Nanjing Red Sun. 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 20, 2024, Selling General Administrative is expected to decline to about 238.2 M. The current year's Tax Provision is expected to grow to about (142.3 M)
 2021 2022 2023 2024 (projected)
Gross Profit938.9M2.4B186.2M176.9M
Research Development167.9M285.4M294.9M161.0M

Nanjing Red fundamental ratios Correlations

0.480.950.650.370.620.530.580.460.170.850.570.860.940.09-0.030.230.570.120.150.410.530.520.610.50.38
0.480.560.08-0.14-0.180.040.23-0.01-0.190.570.260.480.350.230.350.650.360.08-0.330.680.640.730.440.10.37
0.950.560.420.130.530.40.580.390.110.950.550.880.850.230.190.340.510.03-0.090.480.630.650.580.370.34
0.650.080.420.910.680.770.260.530.320.180.360.360.75-0.42-0.72-0.320.370.440.810.16-0.02-0.030.310.750.14
0.37-0.140.130.910.580.690.140.420.31-0.10.25-0.010.46-0.59-0.9-0.410.270.570.94-0.02-0.21-0.210.160.820.09
0.62-0.180.530.680.580.720.190.820.530.330.340.380.7-0.13-0.44-0.460.040.190.490.01-0.13-0.150.10.46-0.13
0.530.040.40.770.690.720.330.40.140.170.190.250.61-0.4-0.57-0.450.260.310.640.370.090.090.390.75-0.04
0.580.230.580.260.140.190.33-0.09-0.150.580.420.390.45-0.140.060.370.830.03-0.010.330.540.490.680.490.65
0.46-0.010.390.530.420.820.4-0.090.820.220.160.280.540.11-0.38-0.37-0.130.240.37-0.11-0.37-0.34-0.230.17-0.21
0.17-0.190.110.320.310.530.14-0.150.820.03-0.160.060.20.22-0.45-0.29-0.170.430.39-0.46-0.61-0.58-0.490.09-0.26
0.850.570.950.18-0.10.330.170.580.220.030.50.880.710.350.40.540.47-0.01-0.320.390.680.690.530.20.35
0.570.260.550.360.250.340.190.420.16-0.160.50.440.55-0.460.050.270.230.060.010.250.40.380.410.290.28
0.860.480.880.36-0.010.380.250.390.280.060.880.440.830.320.30.310.37-0.05-0.180.350.540.550.430.150.17
0.940.350.850.750.460.70.610.450.540.20.710.550.83-0.03-0.150.020.430.160.250.360.360.360.450.50.17
0.090.230.23-0.42-0.59-0.13-0.4-0.140.110.220.35-0.460.32-0.030.590.280.0-0.42-0.560.020.190.18-0.04-0.50.05
-0.030.350.19-0.72-0.9-0.44-0.570.06-0.38-0.450.40.050.3-0.150.590.56-0.03-0.68-0.970.260.540.510.19-0.690.17
0.230.650.34-0.32-0.41-0.46-0.450.37-0.37-0.290.540.270.310.020.280.560.390.01-0.580.170.570.570.35-0.160.56
0.570.360.510.370.270.040.260.83-0.13-0.170.470.230.370.430.0-0.030.39-0.020.130.410.590.550.770.520.84
0.120.080.030.440.570.190.310.030.240.43-0.010.06-0.050.16-0.42-0.680.01-0.020.55-0.24-0.36-0.26-0.30.58-0.24
0.15-0.33-0.090.810.940.490.64-0.010.370.39-0.320.01-0.180.25-0.56-0.97-0.580.130.55-0.18-0.41-0.420.00.71-0.05
0.410.680.480.16-0.020.010.370.33-0.11-0.460.390.250.350.360.020.260.170.41-0.24-0.180.770.810.640.320.28
0.530.640.63-0.02-0.21-0.130.090.54-0.37-0.610.680.40.540.360.190.540.570.59-0.36-0.410.770.980.850.190.58
0.520.730.65-0.03-0.21-0.150.090.49-0.34-0.580.690.380.550.360.180.510.570.55-0.26-0.420.810.980.770.210.5
0.610.440.580.310.160.10.390.68-0.23-0.490.530.410.430.45-0.040.190.350.77-0.30.00.640.850.770.40.76
0.50.10.370.750.820.460.750.490.170.090.20.290.150.5-0.5-0.69-0.160.520.580.710.320.190.210.40.19
0.380.370.340.140.09-0.13-0.040.65-0.21-0.260.350.280.170.170.050.170.560.84-0.24-0.050.280.580.50.760.19
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Nanjing Red Account Relationship Matchups

Nanjing Red fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B11.5B9.7B10.3B9.9B7.3B
Other Current Liab743.6M1.1B1.1B1.7B583.4M494.6M
Total Current Liabilities8.1B6.5B6.9B6.9B7.2B4.5B
Total Stockholder Equity4.6B4.0B553.9M1.3B878.8M834.9M
Retained Earnings1.7B1.5B(2.3B)(1.5B)(2.2B)(2.1B)
Accounts Payable1.9B1.1B925.9M940.2M1.3B1.3B
Cash1.4B198.1M263.4M392.3M313.6M297.9M
Net Receivables4.6B630.0M2.7B836.3M844.6M867.2M
Inventory1.1B930.0M732.6M1.1B743.5M1.1B
Other Current Assets461.6M418.5M341.0M309.4M88.0M83.6M
Total Liab9.1B7.4B9.1B8.9B8.9B4.9B
Intangible Assets617.9M592.3M521.9M391.5M386.7M260.3M
Property Plant Equipment4.5B3.9B3.5B3.1B3.6B2.6B
Other Assets271.7M581.8M610.5M708.2M814.5M855.2M
Other Liab265.6M470.3M1.8B1.7B1.9B2.0B
Short Term Investments109.7M146.2M180.1M202.5M25.7M39.1M
Long Term Debt1.1B494.0M374.0M301.0M221.8M324.9M
Net Tangible Assets3.3B2.8B(580.4M)267.2M240.5M228.5M
Other Stockholder Equity76.2M74.6M86.4M71.6M82.3M89.4M
Deferred Long Term Liab64.9M63.7M59.0M55.9M64.2M54.4M
Total Current Assets7.6B5.6B4.2B5.2B4.7B5.9B
Non Current Assets Total6.4B6.0B5.5B5.1B5.2B4.7B
Non Currrent Assets Other296.6M243.7M201.8M233.3M183.8M242.7M
Non Current Liabilities Total1.4B964.2M2.2B2.0B1.7B1.3B
Short Long Term Debt4.5B3.8B3.7B3.3B3.4B2.9B
Non Current Liabilities Other240.2M574.8M1.5B1.4B1.3B879.2M
Net Debt4.1B4.1B3.8B3.2B3.3B3.4B
Net Invested Capital9.6B8.3B4.6B4.9B4.5B5.7B
Net Working Capital(353.3M)(883.5M)(2.7B)(1.7B)(2.5B)(2.3B)

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Other Information on Investing in Nanjing Stock

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