China Non Current Assets Total vs Total Current Liabilities Analysis
| 000927 Stock | 2.49 0.02 0.80% |
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 Non Current Assets Total and its Total Current Liabilities 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.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Materials Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between China Railway's Non Current Assets Total and Total Current Liabilities is 0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of China Railway Materials are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., China Railway's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on China Railway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Railway Materials are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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. As of March 2, 2025, Selling General Administrative is expected to decline to about 319.5 M. In addition to that, Tax Provision is expected to decline to about 154.9 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 24.3B | 29.7B | 27.7B | 25.0B | 28.7B | 30.2B | |
| Short Long Term Debt Total | 2.2B | 3.2B | 2.1B | 9.9B | 11.4B | 12.0B | |
| Other Current Liab | 254.8M | 275.1M | 2.9B | 1.8B | 2.1B | 2.2B | |
| Total Current Liabilities | 15.8B | 20.0B | 16.9B | 14.0B | 16.1B | 16.9B | |
| Total Stockholder Equity | 6.7B | 7.7B | 8.4B | 8.9B | 10.2B | 10.8B | |
| Property Plant And Equipment Net | 1.2B | 1.8B | 1.8B | 2.1B | 1.9B | 1.6B | |
| Current Deferred Revenue | 3.4B | 4.2B | 1.4B | 1.0B | 1.2B | 925.3M | |
| Net Debt | (4.3B) | (3.8B) | (3.7B) | 4.8B | 4.4B | 4.6B | |
| Accounts Payable | 10.3B | 12.6B | 11.0B | 1.5B | 1.8B | 3.0B | |
| Cash | 6.5B | 7.0B | 5.8B | 5.1B | 5.9B | 6.1B | |
| Non Current Assets Total | 3.7B | 4.5B | 4.6B | 5.0B | 5.8B | 4.2B | |
| Non Currrent Assets Other | 156.6M | 135.4M | 259.1M | 225.0M | 258.8M | 245.9M | |
| Cash And Short Term Investments | 6.5B | 7.0B | 5.8B | 5.1B | 5.9B | 6.1B | |
| Net Receivables | 11.5B | 15.4B | 15.0B | 11.0B | 12.7B | 13.3B | |
| Liabilities And Stockholders Equity | 24.3B | 29.7B | 27.7B | 25.0B | 28.7B | 30.2B | |
| Non Current Liabilities Total | 1.0B | 996.6M | 1.3B | 1.0B | 905.8M | 550.8M | |
| Inventory | 2.0B | 2.2B | 2.2B | 2.5B | 2.8B | 3.0B | |
| Other Current Assets | 603.2M | 650.0M | 129.6M | 1.4B | 1.3B | 1.3B | |
| Total Liab | 16.8B | 21.0B | 18.2B | 15.0B | 17.2B | 18.1B | |
| Total Current Assets | 20.6B | 25.3B | 23.1B | 20.0B | 23.0B | 24.1B | |
| Short Term Debt | 1.9B | 2.9B | 1.5B | 9.6B | 11.1B | 11.6B | |
| Intangible Assets | 757.9M | 690.7M | 673.9M | 715.3M | 822.6M | 863.8M | |
| Other Stockholder Equity | 551.7M | 0.71 | 459.5M | 1.0 | 0.9 | 0.86 | |
| Retained Earnings | 46.9M | 969.9M | 1.6B | 2.2B | 2.0B | 2.1B | |
| Other Liab | 155.2M | 653.7M | 609.5M | 705.7M | 811.6M | 852.1M | |
| Long Term Debt | 380M | 260M | 480M | 220M | 198M | 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 | 1.3B | 2.6B | 1.3B | 1.7B | 2.0B | 1.6B | |
| Non Current Liabilities Other | 291.1M | 300.1M | 310.3M | 291.9M | 335.6M | 236.9M | |
| Net Invested Capital | 8.4B | 10.6B | 10.2B | 10.9B | 12.5B | 6.8B | |
| Net Working Capital | 4.8B | 5.3B | 6.2B | 6.0B | 6.9B | 7.2B | |
| Property Plant And Equipment Gross | 2.9B | 3.5B | 3.6B | 4.0B | 4.6B | 3.7B |
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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.