Linzhou Other Liab vs Long Term Investments Analysis

002535 Stock   4.46  0.13  2.83%   
Linzhou Heavy financial indicator trend analysis is infinitely more than just investigating Linzhou Heavy Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linzhou Heavy Machinery is a good investment. Please check the relationship between Linzhou Heavy Other Liab and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Linzhou Heavy Machinery. 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.

Other Liab vs Long Term Investments

Other Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Other Liab account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Linzhou Heavy's Other Liab and Long Term Investments is -0.77. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Linzhou Heavy Machinery, assuming nothing else is changed. The correlation between historical values of Linzhou Heavy's Other Liab 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 Other Liab of Linzhou Heavy Machinery 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 Other Liab i.e., Linzhou Heavy's Other Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Other Liab

Long Term Investments

Long Term Investments is an item on the asset side of Linzhou Heavy balance sheet that represents investments Linzhou Heavy Machinery intends to hold for over a year. Linzhou Heavy Machinery long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Linzhou Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linzhou Heavy Machinery 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 Linzhou Heavy Machinery. 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 95.7 M, whereas Tax Provision is forecasted to decline to (17 M).

Linzhou Heavy fundamental ratios Correlations

0.080.940.76-0.110.320.880.850.640.850.930.330.860.760.540.820.260.260.10.22-0.120.260.420.280.320.26
0.080.11-0.050.16-0.09-0.23-0.250.02-0.060.13-0.20.14-0.350.150.34-0.11-0.140.06-0.1-0.060.02-0.16-0.01-0.18-0.14
0.940.110.540.140.070.820.730.640.70.890.110.960.850.70.840.430.010.060.0-0.330.450.180.470.110.02
0.76-0.050.54-0.680.810.740.810.50.880.740.690.350.360.060.48-0.180.790.370.680.42-0.220.84-0.180.750.75
-0.110.160.14-0.68-0.96-0.3-0.380.07-0.45-0.18-0.660.330.180.610.160.55-0.97-0.52-0.9-0.770.64-0.90.62-0.86-0.93
0.32-0.090.070.81-0.960.480.530.080.610.390.68-0.14-0.03-0.490.05-0.490.990.470.880.77-0.610.94-0.590.90.94
0.88-0.230.820.74-0.30.480.870.440.820.880.420.690.80.260.620.190.430.090.350.10.030.550.070.470.4
0.85-0.250.730.81-0.380.530.870.410.770.760.610.630.720.260.480.080.490.330.360.060.020.610.030.570.43
0.640.020.640.50.070.080.440.410.520.56-0.160.560.490.530.620.150.090.070.1-0.050.330.150.330.080.13
0.85-0.060.70.88-0.450.610.820.770.520.870.520.530.550.240.580.170.580.120.560.110.110.740.160.590.6
0.930.130.890.74-0.180.390.880.760.560.870.290.770.720.420.720.220.330.060.34-0.020.190.470.230.340.35
0.33-0.20.110.69-0.660.680.420.61-0.160.520.29-0.020.09-0.190.0-0.250.670.420.480.4-0.330.68-0.320.670.55
0.860.140.960.350.33-0.140.690.630.560.530.77-0.020.850.790.830.55-0.20.03-0.19-0.520.55-0.030.56-0.05-0.17
0.76-0.350.850.360.18-0.030.80.720.490.550.720.090.850.580.540.52-0.060.04-0.07-0.360.460.080.470.09-0.03
0.540.150.70.060.61-0.490.260.260.530.240.42-0.190.790.580.690.72-0.51-0.1-0.48-0.760.76-0.370.82-0.36-0.49
0.820.340.840.480.160.050.620.480.620.580.720.00.830.540.690.36-0.020.01-0.04-0.280.30.090.350.1-0.02
0.26-0.110.43-0.180.55-0.490.190.080.150.170.22-0.250.550.520.720.36-0.5-0.2-0.41-0.780.72-0.310.83-0.27-0.41
0.26-0.140.010.79-0.970.990.430.490.090.580.330.67-0.2-0.06-0.51-0.02-0.50.490.880.78-0.60.94-0.580.890.94
0.10.060.060.37-0.520.470.090.330.070.120.060.420.030.04-0.10.01-0.20.490.430.29-0.20.37-0.270.640.49
0.22-0.10.00.68-0.90.880.350.360.10.560.340.48-0.19-0.07-0.48-0.04-0.410.880.430.69-0.520.83-0.50.770.98
-0.12-0.06-0.330.42-0.770.770.10.06-0.050.11-0.020.4-0.52-0.36-0.76-0.28-0.780.780.290.69-0.860.56-0.880.570.72
0.260.020.45-0.220.64-0.610.030.020.330.110.19-0.330.550.460.760.30.72-0.6-0.2-0.52-0.86-0.360.95-0.46-0.54
0.42-0.160.180.84-0.90.940.550.610.150.740.470.68-0.030.08-0.370.09-0.310.940.370.830.56-0.36-0.350.870.89
0.28-0.010.47-0.180.62-0.590.070.030.330.160.23-0.320.560.470.820.350.83-0.58-0.27-0.5-0.880.95-0.35-0.45-0.52
0.32-0.180.110.75-0.860.90.470.570.080.590.340.67-0.050.09-0.360.1-0.270.890.640.770.57-0.460.87-0.450.87
0.26-0.140.020.75-0.930.940.40.430.130.60.350.55-0.17-0.03-0.49-0.02-0.410.940.490.980.72-0.540.89-0.520.87
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Linzhou Heavy Account Relationship Matchups

Linzhou Heavy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B4.8B4.0B4.2B4.0B4.8B
Other Current Liab205.6M391.4M512.4M679.4M250.1M345.5M
Total Current Liabilities3.2B3.1B3.0B3.0B2.7B2.8B
Total Stockholder Equity787.2M823.1M394.3M411.5M542.0M514.9M
Other Liab531.3M510.8M493.5M483.6M556.1M584.0M
Retained Earnings(1.8B)(1.8B)(2.2B)(2.2B)(2.1B)(2.0B)
Accounts Payable1.3B672.5M528.2M684.3M870.0M1.2B
Cash466.2M593.7M261.3M371.9M257.0M244.1M
Other Assets316.8M352.0M186.7M188.4M216.7M232.8M
Net Receivables928.4M427.4M319.3M466.5M518.7M1.0B
Inventory447.1M344.1M400.6M360.5M426.4M493.6M
Other Current Assets72.7M58.2M149.6M101.7M33.1M31.4M
Total Liab4.1B4.0B3.6B3.8B3.4B3.2B
Intangible Assets266.0M160.2M156.5M152.6M148.7M151.7M
Property Plant Equipment1.9B1.6B1.5B1.6B1.8B1.5B
Long Term Debt382.0M263.4M108.4M331.6M367.8M218.8M
Net Tangible Assets504.7M662.9M237.8M258.9M233.0M221.4M
Deferred Long Term Liab10.2M2.5M2.1M979.8K881.8K837.7K
Short Long Term Debt1.5B1.7B1.7B1.2B937.7M1.4B
Total Current Assets2.0B2.3B1.6B1.7B1.6B2.3B
Non Current Assets Total3.0B2.5B2.4B2.5B2.4B2.2B
Non Currrent Assets Other32.3M16.2M571.3K4.5M3.0M2.8M
Non Current Liabilities Total913.3M882.1M601.9M822.6M706.0M705.7M
Non Current Liabilities Other389.5M379.5M372.1M372.2M9.8M9.3M
Net Debt1.2B1.4B1.5B1.2B1.0B1.2B
Net Invested Capital2.5B2.8B2.2B2.0B1.8B2.3B
Net Working Capital(1.2B)(806.5M)(1.4B)(1.2B)(1.1B)(1.2B)

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Other Information on Investing in Linzhou Stock

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