Beijing Good Will vs Total Stockholder Equity Analysis

000609 Stock

2.50 0.03 1.21%

Beijing Mainstreets financial indicator trend analysis is way more than just evaluating Beijing Mainstreets prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Mainstreets is a good investment. Please check the relationship between Beijing Mainstreets Good Will and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Mainstreets Investment. 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.

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Mainstreets Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.

The correlation between Beijing Mainstreets' Good Will and Total Stockholder Equity is 0.01. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Beijing Mainstreets Investment, assuming nothing else is changed. The correlation between historical values of Beijing Mainstreets' Good Will and Total Stockholder Equity 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 Beijing Mainstreets Investment are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Beijing Mainstreets' Good Will and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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 Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Beijing Mainstreets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Mainstreets 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 Mainstreets Investment. 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.

As of December 12, 2024, Selling General Administrative is expected to decline to about 7.7 M. In addition to that, Tax Provision is expected to decline to about 233.3 K

	2021	2023	2024 (projected)
Other Operating Expenses	4.3M	3.8M	3.7M
Gross Profit	72.5M	916.6K	870.8K

Other Operating Expenses Gross Profit

Beijing Mainstreets fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Inventory	Total Liab	Common Stock	Property Plant Equipment	Intangible Assets	Long Term Debt	Short Term Investments	Good Will	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Treasury Stock
Total Assets		0.42	-0.04	0.36	0.62	-0.25	0.57	0.86	0.85	0.52	-0.64	-0.13	0.68	-0.24	-0.3	0.74	0.71	0.14	0.65	0.32	-0.24	0.87	-0.38	-0.61	0.85	0.66
Total Stockholder Equity	0.42		0.44	0.99	-0.36	0.42	0.42	-0.03	-0.11	0.36	-0.25	0.27	-0.15	0.31	0.01	0.35	-0.3	0.81	-0.12	0.37	0.25	0.08	0.29	0.08	0.19	-0.02
Other Liab	-0.04	0.44		0.46	-0.46	0.62	0.2	-0.22	-0.3	0.15	0.04	-0.34	-0.44	0.35	-0.49	0.03	-0.38	0.46	-0.39	-0.12	-0.1	-0.17	0.5	0.34	-0.04	-0.33
Retained Earnings	0.36	0.99	0.46		-0.43	0.45	0.39	-0.1	-0.17	0.29	-0.17	0.29	-0.23	0.33	0.05	0.36	-0.34	0.82	-0.15	0.33	0.28	0.03	0.37	0.17	0.13	-0.11
Accounts Payable	0.62	-0.36	-0.46	-0.43		-0.66	0.24	0.86	0.9	0.34	-0.6	-0.24	0.74	-0.47	-0.25	0.22	0.85	-0.5	0.55	-0.02	-0.34	0.71	-0.7	-0.77	0.62	0.76
Cash	-0.25	0.42	0.62	0.45	-0.66		0.0	-0.5	-0.51	0.16	0.05	-0.03	-0.47	0.37	-0.21	-0.07	-0.54	0.42	-0.39	0.15	-0.06	-0.41	0.51	0.43	-0.34	-0.41
Other Assets	0.57	0.42	0.2	0.39	0.24	0.0		0.33	0.4	0.19	-0.19	0.07	0.34	0.18	-0.03	0.48	0.3	0.35	0.05	0.08	-0.06	0.43	0.31	-0.11	0.47	0.15
Inventory	0.86	-0.03	-0.22	-0.1	0.86	-0.5	0.33		0.97	0.31	-0.57	-0.37	0.75	-0.5	-0.38	0.57	0.88	-0.17	0.74	0.22	-0.44	0.95	-0.65	-0.8	0.87	0.83
Total Liab	0.85	-0.11	-0.3	-0.17	0.9	-0.51	0.4	0.97		0.35	-0.59	-0.29	0.81	-0.44	-0.33	0.57	0.93	-0.27	0.77	0.17	-0.39	0.93	-0.59	-0.73	0.82	0.75
Common Stock	0.52	0.36	0.15	0.29	0.34	0.16	0.19	0.31	0.35		-0.87	0.0	0.31	0.18	-0.45	0.04	0.23	-0.11	0.17	0.12	-0.07	0.16	-0.28	-0.3	0.19	0.29
Property Plant Equipment	-0.64	-0.25	0.04	-0.17	-0.6	0.05	-0.19	-0.57	-0.59	-0.87		0.12	-0.45	0.14	0.48	-0.12	-0.41	0.1	-0.34	-0.23	0.11	-0.44	0.51	0.58	-0.4	-0.57
Intangible Assets	-0.13	0.27	-0.34	0.29	-0.24	-0.03	0.07	-0.37	-0.29	0.0	0.12		-0.17	0.24	0.87	-0.09	-0.3	0.16	-0.29	-0.25	0.71	-0.34	0.4	0.46	-0.31	-0.46
Long Term Debt	0.68	-0.15	-0.44	-0.23	0.74	-0.47	0.34	0.75	0.81	0.31	-0.45	-0.17		-0.43	-0.17	0.4	0.73	-0.22	0.77	0.38	-0.33	0.71	-0.56	-0.68	0.77	0.69
Short Term Investments	-0.24	0.31	0.35	0.33	-0.47	0.37	0.18	-0.5	-0.44	0.18	0.14	0.24	-0.43		0.02	-0.17	-0.45	0.1	-0.35	-0.13	-0.01	-0.47	0.46	0.52	-0.43	-0.52
Good Will	-0.3	0.01	-0.49	0.05	-0.25	-0.21	-0.03	-0.38	-0.33	-0.45	0.48	0.87	-0.17	0.02		-0.09	-0.27	0.12	-0.26	-0.24	0.61	-0.31	0.37	0.42	-0.29	-0.42
Other Current Liab	0.74	0.35	0.03	0.36	0.22	-0.07	0.48	0.57	0.57	0.04	-0.12	-0.09	0.4	-0.17	-0.09		0.58	0.18	0.63	0.17	-0.12	0.71	0.03	-0.14	0.67	0.25
Total Current Liabilities	0.71	-0.3	-0.38	-0.34	0.85	-0.54	0.3	0.88	0.93	0.23	-0.41	-0.3	0.73	-0.45	-0.27	0.58		-0.48	0.75	0.02	-0.39	0.83	-0.52	-0.6	0.66	0.62
Net Tangible Assets	0.14	0.81	0.46	0.82	-0.5	0.42	0.35	-0.17	-0.27	-0.11	0.1	0.16	-0.22	0.1	0.12	0.18	-0.48		-0.23	0.46	0.24	0.03	0.4	0.12	0.16	-0.09
Net Receivables	0.65	-0.12	-0.39	-0.15	0.55	-0.39	0.05	0.74	0.77	0.17	-0.34	-0.29	0.77	-0.35	-0.26	0.63	0.75	-0.23		0.44	-0.35	0.78	-0.57	-0.53	0.69	0.57
Other Current Assets	0.32	0.37	-0.12	0.33	-0.02	0.15	0.08	0.22	0.17	0.12	-0.23	-0.25	0.38	-0.13	-0.24	0.17	0.02	0.46	0.44		-0.28	0.34	-0.39	-0.51	0.32	0.52
Long Term Investments	-0.24	0.25	-0.1	0.28	-0.34	-0.06	-0.06	-0.44	-0.39	-0.07	0.11	0.71	-0.33	-0.01	0.61	-0.12	-0.39	0.24	-0.35	-0.28		-0.4	0.48	0.54	-0.38	-0.54
Total Current Assets	0.87	0.08	-0.17	0.03	0.71	-0.41	0.43	0.95	0.93	0.16	-0.44	-0.34	0.71	-0.47	-0.31	0.71	0.83	0.03	0.78	0.34	-0.4		-0.5	-0.71	0.9	0.74
Non Current Assets Total	-0.38	0.29	0.5	0.37	-0.7	0.51	0.31	-0.65	-0.59	-0.28	0.51	0.4	-0.56	0.46	0.37	0.03	-0.52	0.4	-0.57	-0.39	0.48	-0.5		0.88	-0.41	-0.86
Non Currrent Assets Other	-0.61	0.08	0.34	0.17	-0.77	0.43	-0.11	-0.8	-0.73	-0.3	0.58	0.46	-0.68	0.52	0.42	-0.14	-0.6	0.12	-0.53	-0.51	0.54	-0.71	0.88		-0.65	-0.99
Non Current Liabilities Total	0.85	0.19	-0.04	0.13	0.62	-0.34	0.47	0.87	0.82	0.19	-0.4	-0.31	0.77	-0.43	-0.29	0.67	0.66	0.16	0.69	0.32	-0.38	0.9	-0.41	-0.65		0.7
Treasury Stock	0.66	-0.02	-0.33	-0.11	0.76	-0.41	0.15	0.83	0.75	0.29	-0.57	-0.46	0.69	-0.52	-0.42	0.25	0.62	-0.09	0.57	0.52	-0.54	0.74	-0.86	-0.99	0.7

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Beijing Mainstreets Account Relationship Matchups

Beijing Mainstreets fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	3.9B	2.9B	2.3B	2.3B	1.8B
Total Stockholder Equity	1.5B	1.2B	862.8M	571.8M	389.6M	370.1M
Other Liab	447.4M	352.5M	12.7M	2.7M	3.1M	3.0M
Retained Earnings	1.2B	900.1M	524.4M	91.6M	(92.6M)	(87.9M)
Accounts Payable	372.1M	296.6M	396.5M	431.2M	420.1M	441.1M
Cash	351.6M	132.5M	113.7M	61.7M	35.1M	33.3M
Other Assets	42.9M	314.4M	39.0M	40.3M	46.4M	51.7M
Inventory	3.0B	3.1B	2.5B	1.9B	2.0B	2.1B
Total Liab	2.7B	2.6B	2.1B	1.7B	1.9B	2.0B
Property Plant Equipment	9.0M	7.9M	6.1M	4.6M	4.2M	4.0M
Long Term Debt	534.1M	599.5M	130M	481.5M	553.8M	280.4M
Other Current Liab	1.4B	1.5B	953.2M	507.8M	127.4M	121.0M
Total Current Liabilities	1.8B	1.8B	1.9B	1.2B	1.7B	1.3B
Net Tangible Assets	1.5B	1.5B	1.2B	859.8M	773.9M	1.1B
Net Receivables	14.9M	56.6M	183.8M	52.4M	60.3M	52.3M
Other Current Assets	140.7M	268.3M	2.5M	4.0M	69.9M	83.0M
Total Current Assets	3.6B	3.7B	2.7B	2.1B	2.1B	2.6B
Non Current Assets Total	573.2M	154.7M	187.8M	170.2M	157.1M	229.9M
Non Current Liabilities Total	886.7M	812.2M	132.7M	487.2M	213.2M	202.6M
Net Invested Capital	2.1B	1.8B	992.8M	1.1B	389.6M	370.1M
Net Working Capital	1.9B	1.9B	807.8M	888.8M	445.7M	423.4M
Net Debt	182.6M	467.0M	16.3M	419.8M	482.8M	250.9M

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Mainstreets at a specified time, usually calculated after every quarter, six months, or one year. Beijing Mainstreets Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Mainstreets 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.

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Beijing Good Will vs Total Stockholder Equity Analysis

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Good Will

Total Stockholder Equity

Beijing Mainstreets fundamental ratios Correlations

Beijing Mainstreets Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Mainstreets fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

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Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.97	Inventory
Total Current Assets	+ 0.95	Inventory
Total Current Liabilities	+ 0.93	Total Liab
Total Current Assets	+ 0.93	Total Liab
Total Liab	+ 0.9	Accounts Payable

Treasury Stock	- 0.99	Non Currrent Assets Other
Property Plant Equipment	- 0.87	Common Stock
Treasury Stock	- 0.86	Non Current Assets Total
Non Currrent Assets Other	- 0.8	Inventory
Non Currrent Assets Other	- 0.77	Accounts Payable
Non Currrent Assets Other	- 0.73	Total Liab