China Capital Lease Obligations vs Long Term Debt Analysis

001289 Stock   16.97  0.01  0.06%   
China Longyuan financial indicator trend analysis is way more than just evaluating China Longyuan Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Longyuan Power is a good investment. Please check the relationship between China Longyuan Capital Lease Obligations and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Longyuan Power. 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.

Capital Lease Obligations vs Long Term Debt

Capital Lease Obligations vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Capital Lease Obligations account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Longyuan's Capital Lease Obligations and Long Term Debt is 0.45. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of China Longyuan Power, assuming nothing else is changed. The correlation between historical values of China Longyuan's Capital Lease Obligations and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of China Longyuan Power are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., China Longyuan's Capital Lease Obligations and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Lease Obligations

China Longyuan Power capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to China Longyuan asset purchases. For example, China Longyuan can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as China Longyuan control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Long Term Debt

Long-term debt is a debt that China Longyuan Power has held for over one year. Long-term debt appears on China Longyuan Power 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 China Longyuan Power 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.
Most indicators from China Longyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Longyuan Power 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 Longyuan Power. 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 1.5 B. The current year's Selling General Administrative is expected to grow to about 170.6 M
 2021 2022 2023 2024 (projected)
Interest Expense3.1B3.5B3.4B3.6B
Interest Income33.5M182.8M231.5M138.9M

China Longyuan fundamental ratios Correlations

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China Longyuan Account Relationship Matchups

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Other Information on Investing in China Stock

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