CITIC Long Term Debt vs Retained Earnings Analysis

000839 Stock

3.53 0.11 3.02%

CITIC Guoan financial indicator trend analysis is way more than just evaluating CITIC Guoan Information prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CITIC Guoan Information is a good investment. Please check the relationship between CITIC Guoan 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 CITIC Guoan Information. 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.

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 CITIC Guoan Information Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between CITIC Guoan's Long Term Debt and Retained Earnings is 0.68. 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 CITIC Guoan Information, assuming nothing else is changed. The correlation between historical values of CITIC Guoan's 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 CITIC Guoan Information 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., CITIC Guoan's Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that CITIC Guoan Information has held for over one year. Long-term debt appears on CITIC Guoan Information 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 CITIC Guoan Information 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 CITIC Guoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CITIC Guoan Information 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 CITIC Guoan Information. 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.

The current year's Tax Provision is expected to grow to about 74.2 M, whereas Selling General Administrative is forecasted to decline to about 65.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	360.8M	332.3M	515.3M	374.5M
Research Development	85.0M	84.0M	93.8M	99.7M

Gross Profit Research Development

CITIC Guoan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.08	0.74	0.86	-0.16	0.65	0.77	0.31	0.46	0.59	0.53	-0.03	0.61	0.23	0.84	0.61	0.33	0.29	0.55	0.39	0.66	0.18	0.49	0.09	0.4	0.62
Other Current Liab	0.08		0.55	0.02	-0.25	-0.15	0.16	-0.34	-0.02	-0.39	-0.25	-0.42	0.68	-0.02	0.35	0.51	0.37	-0.28	-0.14	-0.24	0.2	0.52	-0.02	-0.22	-0.14	-0.14
Total Current Liabilities	0.74	0.55		0.48	-0.03	0.16	0.74	-0.04	0.47	0.04	0.29	-0.5	0.92	-0.05	0.92	0.65	0.71	-0.1	0.09	-0.1	0.64	0.67	0.39	-0.3	0.38	0.17
Total Stockholder Equity	0.86	0.02	0.48		-0.5	0.92	0.6	0.47	0.29	0.67	0.42	0.23	0.39	0.33	0.55	0.6	-0.1	0.38	0.85	0.73	0.47	-0.12	0.45	0.39	0.16	0.87
Other Liab	-0.16	-0.25	-0.03	-0.5		-0.61	-0.15	-0.26	0.27	-0.12	0.17	-0.07	-0.05	0.08	0.11	-0.36	0.43	0.18	-0.7	-0.69	-0.07	0.27	-0.31	-0.55	0.05	-0.64
Retained Earnings	0.65	-0.15	0.16	0.92	-0.61		0.38	0.61	0.22	0.68	0.34	0.43	0.03	0.4	0.24	0.39	-0.44	0.49	0.97	0.92	0.31	-0.44	0.46	0.62	0.11	0.96
Accounts Payable	0.77	0.16	0.74	0.6	-0.15	0.38		-0.02	0.43	0.33	0.18	-0.42	0.69	-0.08	0.77	0.57	0.52	-0.04	0.33	0.1	0.8	0.48	0.33	-0.24	0.34	0.44
Cash	0.31	-0.34	-0.04	0.47	-0.26	0.61	-0.02		0.31	0.59	0.7	0.55	-0.3	0.29	0.05	-0.32	-0.5	0.45	0.56	0.68	-0.1	-0.65	0.7	0.76	0.48	0.5
Other Assets	0.46	-0.02	0.47	0.29	0.27	0.22	0.43	0.31		0.05	0.42	0.12	0.25	0.38	0.51	0.12	0.15	0.54	0.15	0.1	0.43	0.05	0.2	0.07	0.18	0.21
Long Term Debt	0.59	-0.39	0.04	0.67	-0.12	0.68	0.33	0.59	0.05		0.55	0.39	-0.04	0.29	0.31	0.02	-0.18	0.42	0.57	0.56	0.28	-0.32	0.46	0.36	0.33	0.6
Net Receivables	0.53	-0.25	0.29	0.42	0.17	0.34	0.18	0.7	0.42	0.55		0.45	0.05	0.37	0.44	-0.17	-0.02	0.43	0.19	0.26	-0.02	-0.27	0.47	0.38	0.45	0.17
Short Term Investments	-0.03	-0.42	-0.5	0.23	-0.07	0.43	-0.42	0.55	0.12	0.39	0.45		-0.59	0.63	-0.35	-0.34	-0.77	0.68	0.36	0.53	-0.46	-0.83	-0.13	0.68	-0.33	0.26
Inventory	0.61	0.68	0.92	0.39	-0.05	0.03	0.69	-0.3	0.25	-0.04	0.05	-0.59		-0.07	0.83	0.76	0.75	-0.21	0.0	-0.21	0.61	0.79	0.17	-0.41	0.14	0.07
Other Current Assets	0.23	-0.02	-0.05	0.33	0.08	0.4	-0.08	0.29	0.38	0.29	0.37	0.63	-0.07		0.13	0.1	-0.38	0.92	0.38	0.43	-0.09	-0.39	-0.02	0.44	-0.23	0.33
Total Liab	0.84	0.35	0.92	0.55	0.11	0.24	0.77	0.05	0.51	0.31	0.44	-0.35	0.83	0.13		0.56	0.7	0.12	0.14	-0.05	0.68	0.6	0.45	-0.29	0.47	0.23
Intangible Assets	0.61	0.51	0.65	0.6	-0.36	0.39	0.57	-0.32	0.12	0.02	-0.17	-0.34	0.76	0.1	0.56		0.35	-0.01	0.41	0.19	0.6	0.47	0.02	-0.15	-0.14	0.48
Common Stock	0.33	0.37	0.71	-0.1	0.43	-0.44	0.52	-0.5	0.15	-0.18	-0.02	-0.77	0.75	-0.38	0.7	0.35		-0.42	-0.5	-0.68	0.46	0.93	0.06	-0.81	0.35	-0.39
Property Plant Equipment	0.29	-0.28	-0.1	0.38	0.18	0.49	-0.04	0.45	0.54	0.42	0.43	0.68	-0.21	0.92	0.12	-0.01	-0.42		0.44	0.49	-0.02	-0.48	0.07	0.44	-0.1	0.41
Net Tangible Assets	0.55	-0.14	0.09	0.85	-0.7	0.97	0.33	0.56	0.15	0.57	0.19	0.36	0.0	0.38	0.14	0.41	-0.5	0.44		0.96	0.29	-0.46	0.46	0.67	0.09	0.98
Other Stockholder Equity	0.39	-0.24	-0.1	0.73	-0.69	0.92	0.1	0.68	0.1	0.56	0.26	0.53	-0.21	0.43	-0.05	0.19	-0.68	0.49	0.96		0.07	-0.66	0.43	0.84	0.05	0.9
Deferred Long Term Liab	0.66	0.2	0.64	0.47	-0.07	0.31	0.8	-0.1	0.43	0.28	-0.02	-0.46	0.61	-0.09	0.68	0.6	0.46	-0.02	0.29	0.07		0.45	0.26	-0.23	0.24	0.44
Long Term Investments	0.18	0.52	0.67	-0.12	0.27	-0.44	0.48	-0.65	0.05	-0.32	-0.27	-0.83	0.79	-0.39	0.6	0.47	0.93	-0.48	-0.46	-0.66	0.45		-0.05	-0.84	0.14	-0.35
Short Long Term Debt	0.49	-0.02	0.39	0.45	-0.31	0.46	0.33	0.7	0.2	0.46	0.47	-0.13	0.17	-0.02	0.45	0.02	0.06	0.07	0.46	0.43	0.26	-0.05		0.34	0.88	0.47
Total Current Assets	0.09	-0.22	-0.3	0.39	-0.55	0.62	-0.24	0.76	0.07	0.36	0.38	0.68	-0.41	0.44	-0.29	-0.15	-0.81	0.44	0.67	0.84	-0.23	-0.84	0.34		0.0	0.57
Short Term Debt	0.4	-0.14	0.38	0.16	0.05	0.11	0.34	0.48	0.18	0.33	0.45	-0.33	0.14	-0.23	0.47	-0.14	0.35	-0.1	0.09	0.05	0.24	0.14	0.88	0.0		0.13
Non Current Assets Total	0.62	-0.14	0.17	0.87	-0.64	0.96	0.44	0.5	0.21	0.6	0.17	0.26	0.07	0.33	0.23	0.48	-0.39	0.41	0.98	0.9	0.44	-0.35	0.47	0.57	0.13

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CITIC Guoan Account Relationship Matchups

CITIC Guoan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.1B	13.3B	10.0B	5.9B	6.2B	11.1B
Other Current Liab	1.1B	2.6B	2.1B	1.7B	74.3M	70.6M
Total Current Liabilities	6.8B	7.2B	6.2B	4.3B	3.8B	4.1B
Total Stockholder Equity	8.9B	5.9B	3.8B	1.0B	1.3B	1.2B
Other Liab	257.8M	152.1M	262.2M	766.6M	881.6M	925.7M
Retained Earnings	2.8B	203.2M	(1.2B)	(2.6B)	(3.4B)	(3.2B)
Accounts Payable	1.8B	473.7M	1.4B	401.3M	561.0M	739.8M
Cash	443.0M	750.4M	655.5M	357.5M	317.2M	301.3M
Other Assets	405.8M	292.2M	422.9M	274.8M	316.0M	345.1M
Long Term Debt	1.2B	492.1M	368.3M	429.3M	665.7M	632.4M
Net Receivables	901.6M	851.0M	923.8M	649.8M	801.1M	939.3M
Inventory	2.2B	2.5B	2.1B	1.2B	1.3B	1.1B
Other Current Assets	320.5M	281.6M	328.3M	98.6M	71.5M	67.9M
Total Liab	8.3B	7.8B	7.0B	5.6B	5.6B	5.8B
Intangible Assets	962.0M	685.8M	192.5M	7.0M	6.7M	6.4M
Property Plant Equipment	1.1B	250.1M	309.3M	248.4M	223.6M	212.4M
Net Tangible Assets	7.9B	5.2B	3.6B	1.0B	927.6M	881.2M
Other Stockholder Equity	22.4M	(260.5M)	(837.5M)	(1.9B)	(1.7B)	(1.6B)
Deferred Long Term Liab	84.8M	63.6M	43.3M	48.2M	43.3M	53.3M
Short Long Term Debt	1.4B	1.9B	1.5B	918.6M	755.3M	717.5M
Total Current Assets	3.9B	4.8B	4.3B	2.5B	2.8B	3.3B
Non Current Assets Total	13.2B	8.5B	5.7B	3.4B	3.4B	3.3B
Non Currrent Assets Other	135.0M	132.1M	132.9M	2.6M	6.5M	6.2M
Non Current Liabilities Total	1.5B	691.7M	752.5M	1.3B	1.9B	1.3B
Non Current Liabilities Other	997.8M	44.6M	180.3M	650.6M	644.6M	567.5M
Net Debt	2.0B	1.7B	1.2B	990.4M	1.1B	1.5B
Net Invested Capital	11.3B	8.3B	5.6B	2.4B	2.7B	2.6B
Net Working Capital	(2.9B)	(2.3B)	(1.9B)	(1.8B)	(1.0B)	(1.1B)

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Other Information on Investing in CITIC Stock

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

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CITIC Long Term Debt vs Retained Earnings Analysis

Long Term Debt vs Retained Earnings

Long Term Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Long Term Debt

Retained Earnings

CITIC Guoan fundamental ratios Correlations

CITIC Guoan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CITIC Guoan fundamental ratios Accounts

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Other Information on Investing in CITIC Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 0.98	Net Tangible Assets
Net Tangible Assets	+ 0.97	Retained Earnings
Non Current Assets Total	+ 0.96	Retained Earnings
Other Stockholder Equity	+ 0.96	Net Tangible Assets
Long Term Investments	+ 0.93	Common Stock
Inventory	+ 0.92	Total Current Liabilities

Total Current Assets	- 0.84	Long Term Investments
Long Term Investments	- 0.83	Short Term Investments
Total Current Assets	- 0.81	Common Stock
Common Stock	- 0.77	Short Term Investments
Net Tangible Assets	- 0.7	Other Liab
Other Stockholder Equity	- 0.69	Other Liab