Beijing Long Term Debt vs Retained Earnings Analysis

000609 Stock   2.44  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 Long Term Debt and its Retained Earnings 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.

Long Term Debt vs Retained Earnings

Long Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Mainstreets Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Mainstreets' Long Term Debt and Retained Earnings is -0.23. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings 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' Long Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Beijing Mainstreets Investment are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt i.e., Beijing Mainstreets' Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Beijing Mainstreets has held for over one year. Long-term debt appears on Beijing Mainstreets Investment 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 Beijing Mainstreets Investment 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 4, 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 Expenses4.3M3.8M3.7M
Gross Profit72.5M916.6K870.8K

Beijing Mainstreets fundamental ratios Correlations

0.42-0.040.360.62-0.250.570.860.850.52-0.64-0.130.68-0.24-0.30.740.710.140.650.32-0.240.87-0.38-0.610.850.66
0.420.440.99-0.360.420.42-0.03-0.110.36-0.250.27-0.150.310.010.35-0.30.81-0.120.370.250.080.290.080.19-0.02
-0.040.440.46-0.460.620.2-0.22-0.30.150.04-0.34-0.440.35-0.490.03-0.380.46-0.39-0.12-0.1-0.170.50.34-0.04-0.33
0.360.990.46-0.430.450.39-0.1-0.170.29-0.170.29-0.230.330.050.36-0.340.82-0.150.330.280.030.370.170.13-0.11
0.62-0.36-0.46-0.43-0.660.240.860.90.34-0.6-0.240.74-0.47-0.250.220.85-0.50.55-0.02-0.340.71-0.7-0.770.620.76
-0.250.420.620.45-0.660.0-0.5-0.510.160.05-0.03-0.470.37-0.21-0.07-0.540.42-0.390.15-0.06-0.410.510.43-0.34-0.41
0.570.420.20.390.240.00.330.40.19-0.190.070.340.18-0.030.480.30.350.050.08-0.060.430.31-0.110.470.15
0.86-0.03-0.22-0.10.86-0.50.330.970.31-0.57-0.370.75-0.5-0.380.570.88-0.170.740.22-0.440.95-0.65-0.80.870.83
0.85-0.11-0.3-0.170.9-0.510.40.970.35-0.59-0.290.81-0.44-0.330.570.93-0.270.770.17-0.390.93-0.59-0.730.820.75
0.520.360.150.290.340.160.190.310.35-0.870.00.310.18-0.450.040.23-0.110.170.12-0.070.16-0.28-0.30.190.29
-0.64-0.250.04-0.17-0.60.05-0.19-0.57-0.59-0.870.12-0.450.140.48-0.12-0.410.1-0.34-0.230.11-0.440.510.58-0.4-0.57
-0.130.27-0.340.29-0.24-0.030.07-0.37-0.290.00.12-0.170.240.87-0.09-0.30.16-0.29-0.250.71-0.340.40.46-0.31-0.46
0.68-0.15-0.44-0.230.74-0.470.340.750.810.31-0.45-0.17-0.43-0.170.40.73-0.220.770.38-0.330.71-0.56-0.680.770.69
-0.240.310.350.33-0.470.370.18-0.5-0.440.180.140.24-0.430.02-0.17-0.450.1-0.35-0.13-0.01-0.470.460.52-0.43-0.52
-0.30.01-0.490.05-0.25-0.21-0.03-0.38-0.33-0.450.480.87-0.170.02-0.09-0.270.12-0.26-0.240.61-0.310.370.42-0.29-0.42
0.740.350.030.360.22-0.070.480.570.570.04-0.12-0.090.4-0.17-0.090.580.180.630.17-0.120.710.03-0.140.670.25
0.71-0.3-0.38-0.340.85-0.540.30.880.930.23-0.41-0.30.73-0.45-0.270.58-0.480.750.02-0.390.83-0.52-0.60.660.62
0.140.810.460.82-0.50.420.35-0.17-0.27-0.110.10.16-0.220.10.120.18-0.48-0.230.460.240.030.40.120.16-0.09
0.65-0.12-0.39-0.150.55-0.390.050.740.770.17-0.34-0.290.77-0.35-0.260.630.75-0.230.44-0.350.78-0.57-0.530.690.57
0.320.37-0.120.33-0.020.150.080.220.170.12-0.23-0.250.38-0.13-0.240.170.020.460.44-0.280.34-0.39-0.510.320.52
-0.240.25-0.10.28-0.34-0.06-0.06-0.44-0.39-0.070.110.71-0.33-0.010.61-0.12-0.390.24-0.35-0.28-0.40.480.54-0.38-0.54
0.870.08-0.170.030.71-0.410.430.950.930.16-0.44-0.340.71-0.47-0.310.710.830.030.780.34-0.4-0.5-0.710.90.74
-0.380.290.50.37-0.70.510.31-0.65-0.59-0.280.510.4-0.560.460.370.03-0.520.4-0.57-0.390.48-0.50.88-0.41-0.86
-0.610.080.340.17-0.770.43-0.11-0.8-0.73-0.30.580.46-0.680.520.42-0.14-0.60.12-0.53-0.510.54-0.710.88-0.65-0.99
0.850.19-0.040.130.62-0.340.470.870.820.19-0.4-0.310.77-0.43-0.290.670.660.160.690.32-0.380.9-0.41-0.650.7
0.66-0.02-0.33-0.110.76-0.410.150.830.750.29-0.57-0.460.69-0.52-0.420.250.62-0.090.570.52-0.540.74-0.86-0.990.7
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Beijing Mainstreets Account Relationship Matchups

Beijing Mainstreets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.9B2.9B2.3B2.3B1.8B
Total Stockholder Equity1.5B1.2B862.8M571.8M389.6M370.1M
Other Liab447.4M352.5M12.7M2.7M3.1M3.0M
Retained Earnings1.2B900.1M524.4M91.6M(92.6M)(87.9M)
Accounts Payable372.1M296.6M396.5M431.2M420.1M441.1M
Cash351.6M132.5M113.7M61.7M35.1M33.3M
Other Assets42.9M314.4M39.0M40.3M46.4M51.7M
Inventory3.0B3.1B2.5B1.9B2.0B2.1B
Total Liab2.7B2.6B2.1B1.7B1.9B2.0B
Property Plant Equipment9.0M7.9M6.1M4.6M4.2M4.0M
Long Term Debt534.1M599.5M130M481.5M553.8M280.4M
Other Current Liab1.4B1.5B953.2M507.8M127.4M121.0M
Total Current Liabilities1.8B1.8B1.9B1.2B1.7B1.3B
Net Tangible Assets1.5B1.5B1.2B859.8M773.9M1.1B
Net Receivables14.9M56.6M183.8M52.4M60.3M52.3M
Other Current Assets140.7M268.3M2.5M4.0M69.9M83.0M
Total Current Assets3.6B3.7B2.7B2.1B2.1B2.6B
Non Current Assets Total573.2M154.7M187.8M170.2M157.1M229.9M
Non Current Liabilities Total886.7M812.2M132.7M487.2M213.2M202.6M
Net Invested Capital2.1B1.8B992.8M1.1B389.6M370.1M
Net Working Capital1.9B1.9B807.8M888.8M445.7M423.4M
Net Debt182.6M467.0M16.3M419.8M482.8M250.9M

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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.