002459 Long Term Debt vs Long Term Investments Analysis

002459 Stock   15.45  0.43  2.71%   
JA Solar financial indicator trend analysis is infinitely more than just investigating JA Solar Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JA Solar Technology is a good investment. Please check the relationship between JA Solar Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JA Solar Technology. 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 Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JA Solar Technology Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JA Solar's Long Term Debt and Long Term Investments is 0.52. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of JA Solar Technology, assuming nothing else is changed. The correlation between historical values of JA Solar's Long Term Debt and Long Term Investments 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 JA Solar Technology are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., JA Solar's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that JA Solar Technology has held for over one year. Long-term debt appears on JA Solar Technology 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 JA Solar Technology 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.

Long Term Investments

Long Term Investments is an item on the asset side of JA Solar balance sheet that represents investments JA Solar Technology intends to hold for over a year. JA Solar Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from JA Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JA Solar Technology 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 JA Solar Technology. 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 Selling General Administrative is expected to grow to about 1.5 B. The current year's Tax Provision is expected to grow to about 893 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses37.6B65.9B71.3B74.9B
Research Development574.4M1.0B1.1B1.2B

JA Solar fundamental ratios Correlations

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1.00.250.970.990.970.980.980.970.890.960.970.990.670.940.940.820.960.010.730.570.97-0.70.310.890.99
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0.680.40.80.690.780.740.660.730.870.80.780.670.680.840.690.730.79-0.360.650.760.81-0.760.240.680.68
0.940.460.990.940.960.960.930.960.990.980.980.940.930.840.940.810.98-0.190.820.770.99-0.860.40.910.93
0.940.480.960.920.910.940.950.960.920.950.960.940.910.690.940.70.93-0.170.810.630.96-0.730.430.850.92
0.82-0.090.850.80.880.840.710.80.810.820.840.820.840.730.810.70.80.070.480.520.82-0.620.050.680.86
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0.04-0.53-0.130.060.050.01-0.130.05-0.25-0.03-0.10.010.04-0.36-0.19-0.170.07-0.02-0.58-0.6-0.130.52-0.79-0.280.08
0.720.650.790.710.660.720.820.70.820.730.770.730.710.650.820.810.480.74-0.580.870.8-0.90.80.890.68
0.570.630.70.570.60.60.630.590.810.650.660.570.580.760.770.630.520.65-0.60.870.71-0.950.680.790.54
0.970.381.00.970.980.990.960.980.960.990.990.970.960.810.990.960.820.99-0.130.80.71-0.810.350.90.96
-0.7-0.6-0.81-0.7-0.7-0.72-0.75-0.7-0.88-0.75-0.76-0.7-0.71-0.76-0.86-0.73-0.62-0.750.52-0.9-0.95-0.81-0.7-0.89-0.67
0.280.650.360.240.170.240.460.220.430.250.320.310.280.240.40.430.050.25-0.790.80.680.35-0.70.620.22
0.890.470.890.880.830.860.940.840.890.850.870.890.90.680.910.850.680.88-0.280.890.790.9-0.890.620.86
1.00.190.960.990.980.990.950.970.880.970.970.990.990.680.930.920.860.970.080.680.540.96-0.670.220.86
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JA Solar Account Relationship Matchups

JA Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.5B37.3B57.0B72.3B106.6B111.9B
Other Current Liab3.8B3.4B9.3B11.7B228.5M217.1M
Total Current Liabilities15.1B18.6B32.7B35.0B50.3B52.8B
Total Stockholder Equity8.0B14.7B16.5B27.5B35.1B36.9B
Retained Earnings2.8B4.3B6.1B11.3B17.1B17.9B
Accounts Payable4.5B9.0B13.6B18.6B27.4B28.8B
Cash5.7B9.5B13.2B12.2B16.0B16.8B
Other Assets1.4B1.5B4.1B6.7B7.7B8.0B
Net Receivables5.2B3.5B6.9B8.3B9.2B9.6B
Inventory2.8B5.0B8.0B11.9B14.5B15.2B
Other Current Assets1.1B1.8B3.6B3.7B5.5B5.8B
Total Liab20.2B22.5B40.2B42.2B68.6B72.0B
Intangible Assets760.1M921.3M1.0B1.4B2.3B2.4B
Common Stock1.3B1.6B1.6B2.4B2.7B2.8B
Property Plant Equipment11.4B13.2B19.6B25.4B29.2B30.6B
Other Liab1.0B1.3B5.6B4.7B5.4B5.7B
Long Term Debt3.9B777.6M1.3B1.8B9.8B10.3B
Net Tangible Assets7.2B13.7B15.4B26.1B30.1B31.6B
Other Stockholder Equity(47.7M)(90.5M)(137.0M)5.8M5.2M5.4M
Deferred Long Term Liab292.5M414.4M587.5M376.3M432.7M310.2M
Total Current Assets14.8B21.5B31.6B38.2B49.1B51.6B
Short Long Term Debt4.8B4.6B7.6B1.8B978.6M929.7M
Non Current Assets Total13.7B15.8B25.3B34.2B57.5B60.3B
Non Currrent Assets Other88.0M165.7M2.6B5.4B4.3B4.5B
Non Current Liabilities Total5.1B3.9B7.6B7.2B18.3B19.2B
Non Current Liabilities Other787.4M927.7M2.7B1.4B1.6B1.0B
Common Stock Shares Outstanding1.3B1.6B1.6B2.4B3.3B1.7B
Net Invested Capital15.3B20.1B25.4B31.1B45.9B48.2B
Net Working Capital(260.8M)2.9B(1.0B)3.2B(1.1B)(1.1B)
Capital Stock1.3B1.6B1.6B2.4B3.3B1.9B

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Other Information on Investing in 002459 Stock

Balance Sheet is a snapshot of the financial position of JA Solar Technology at a specified time, usually calculated after every quarter, six months, or one year. JA Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JA Solar 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 002459 currently owns. An asset can also be divided into two categories, current and non-current.