Linzhou Total Current Liabilities vs Deferred Long Term Liab 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 Total Current Liabilities and its Deferred Long Term Liab 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.
Total Current Liabilities vs Deferred Long Term Liab
Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Linzhou Heavy's Total Current Liabilities and Deferred Long Term Liab is 0.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab 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 Total Current Liabilities and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Linzhou Heavy Machinery are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., Linzhou Heavy's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Linzhou Heavy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Linzhou Heavy Machinery 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.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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
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Linzhou Heavy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linzhou Heavy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 4.8B | 4.0B | 4.2B | 4.0B | 4.8B | |
Other Current Liab | 205.6M | 391.4M | 512.4M | 679.4M | 250.1M | 345.5M | |
Total Current Liabilities | 3.2B | 3.1B | 3.0B | 3.0B | 2.7B | 2.8B | |
Total Stockholder Equity | 787.2M | 823.1M | 394.3M | 411.5M | 542.0M | 514.9M | |
Other Liab | 531.3M | 510.8M | 493.5M | 483.6M | 556.1M | 584.0M | |
Retained Earnings | (1.8B) | (1.8B) | (2.2B) | (2.2B) | (2.1B) | (2.0B) | |
Accounts Payable | 1.3B | 672.5M | 528.2M | 684.3M | 870.0M | 1.2B | |
Cash | 466.2M | 593.7M | 261.3M | 371.9M | 257.0M | 244.1M | |
Other Assets | 316.8M | 352.0M | 186.7M | 188.4M | 216.7M | 232.8M | |
Net Receivables | 928.4M | 427.4M | 319.3M | 466.5M | 518.7M | 1.0B | |
Inventory | 447.1M | 344.1M | 400.6M | 360.5M | 426.4M | 493.6M | |
Other Current Assets | 72.7M | 58.2M | 149.6M | 101.7M | 33.1M | 31.4M | |
Total Liab | 4.1B | 4.0B | 3.6B | 3.8B | 3.4B | 3.2B | |
Intangible Assets | 266.0M | 160.2M | 156.5M | 152.6M | 148.7M | 151.7M | |
Property Plant Equipment | 1.9B | 1.6B | 1.5B | 1.6B | 1.8B | 1.5B | |
Long Term Debt | 382.0M | 263.4M | 108.4M | 331.6M | 367.8M | 218.8M | |
Net Tangible Assets | 504.7M | 662.9M | 237.8M | 258.9M | 233.0M | 221.4M | |
Deferred Long Term Liab | 10.2M | 2.5M | 2.1M | 979.8K | 881.8K | 837.7K | |
Short Long Term Debt | 1.5B | 1.7B | 1.7B | 1.2B | 937.7M | 1.4B | |
Total Current Assets | 2.0B | 2.3B | 1.6B | 1.7B | 1.6B | 2.3B | |
Non Current Assets Total | 3.0B | 2.5B | 2.4B | 2.5B | 2.4B | 2.2B | |
Non Currrent Assets Other | 32.3M | 16.2M | 571.3K | 4.5M | 3.0M | 2.8M | |
Non Current Liabilities Total | 913.3M | 882.1M | 601.9M | 822.6M | 706.0M | 705.7M | |
Non Current Liabilities Other | 389.5M | 379.5M | 372.1M | 372.2M | 9.8M | 9.3M | |
Net Debt | 1.2B | 1.4B | 1.5B | 1.2B | 1.0B | 1.2B | |
Net Invested Capital | 2.5B | 2.8B | 2.2B | 2.0B | 1.8B | 2.3B | |
Net Working Capital | (1.2B) | (806.5M) | (1.4B) | (1.2B) | (1.1B) | (1.2B) |
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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.