China Current Deferred Revenue vs Total Stockholder Equity Analysis
000927 Stock | 2.88 0.06 2.04% |
China Railway financial indicator trend analysis is way more than just evaluating China Railway Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Materials is a good investment. Please check the relationship between China Railway Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Materials. 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.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Materials Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Railway's Current Deferred Revenue and Total Stockholder Equity is 0.51. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of China Railway Materials, assuming nothing else is changed. The correlation between historical values of China Railway's Current Deferred Revenue 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 Current Deferred Revenue of China Railway Materials 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 Current Deferred Revenue i.e., China Railway's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Materials 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 Railway Materials. 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 154.9 M, whereas Selling General Administrative is forecasted to decline to about 277.9 M.
China Railway fundamental ratios Correlations
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China Railway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Railway fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 24.3B | 29.7B | 27.7B | 25.0B | 26.2B | |
Short Long Term Debt Total | 1.2B | 2.2B | 3.2B | 2.1B | 9.9B | 10.4B | |
Other Current Liab | 23.4M | 254.8M | 275.1M | 2.9B | 1.8B | 1.9B | |
Total Current Liabilities | 2.4B | 15.8B | 20.0B | 16.9B | 14.0B | 14.7B | |
Total Stockholder Equity | (1.4B) | 6.7B | 7.7B | 8.4B | 8.9B | 9.4B | |
Property Plant And Equipment Net | 271.3M | 1.2B | 1.8B | 1.8B | 2.1B | 1.6B | |
Current Deferred Revenue | 988.9M | 3.4B | 4.2B | 1.4B | 1.0B | 925.3M | |
Net Debt | 1.0B | (4.3B) | (3.8B) | (3.7B) | 4.8B | 5.1B | |
Accounts Payable | 208.8M | 10.3B | 12.6B | 11.0B | 1.5B | 3.0B | |
Cash | 164.6M | 6.5B | 7.0B | 5.8B | 5.1B | 5.3B | |
Non Current Assets Total | 1.1B | 3.7B | 4.5B | 4.6B | 5.0B | 4.2B | |
Non Currrent Assets Other | (733.6M) | 156.6M | 135.4M | 259.1M | 225.0M | 213.8M | |
Cash And Short Term Investments | 164.6M | 6.5B | 7.0B | 5.8B | 5.1B | 5.3B | |
Net Receivables | 16.8M | 11.5B | 15.4B | 15.0B | 11.0B | 11.6B | |
Liabilities And Stockholders Equity | 1.9B | 24.3B | 29.7B | 27.7B | 25.0B | 26.2B | |
Non Current Liabilities Total | 875.3M | 1.0B | 996.6M | 1.3B | 1.0B | 550.8M | |
Inventory | 45.6M | 2.0B | 2.2B | 2.2B | 2.5B | 2.6B | |
Other Current Assets | 578.4M | 603.2M | 650.0M | 129.6M | 1.4B | 1.5B | |
Total Liab | 3.3B | 16.8B | 21.0B | 18.2B | 15.0B | 15.7B | |
Total Current Assets | 805.4M | 20.6B | 25.3B | 23.1B | 20.0B | 21.0B | |
Short Term Debt | 1.2B | 1.9B | 2.9B | 1.5B | 9.6B | 10.1B | |
Intangible Assets | 131.0M | 757.9M | 690.7M | 673.9M | 715.3M | 383.9M | |
Other Stockholder Equity | 551.7M | 0.71 | 459.5M | 1.0 | 0.9 | 0.86 | |
Retained Earnings | (4.9B) | 46.9M | 969.9M | 1.6B | 2.2B | 2.3B | |
Other Liab | 155.2M | 653.7M | 609.5M | 705.7M | 811.6M | 852.1M | |
Long Term Debt | 0.0 | 380M | 260M | 480M | 220M | 315.1M | |
Property Plant Equipment | 1.4B | 1.4B | 1.2B | 1.8B | 1.6B | 1.7B | |
Net Tangible Assets | (83.7M) | 4.5B | 5.9B | 7.0B | 8.1B | 8.5B | |
Deferred Long Term Liab | 2.5M | 20.7M | 12.1M | 79.9M | 91.9M | 96.5M | |
Short Long Term Debt | 1.1B | 1.3B | 2.6B | 1.3B | 1.7B | 1.6B | |
Non Current Liabilities Other | 500.5M | 291.1M | 300.1M | 310.3M | 291.9M | 236.9M | |
Net Invested Capital | (285.5M) | 8.4B | 10.6B | 10.2B | 10.9B | 6.8B | |
Net Working Capital | (1.6B) | 4.8B | 5.3B | 6.2B | 6.0B | 6.3B |
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Balance Sheet is a snapshot of the financial position of China Railway Materials at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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.