Linzhou Total Stockholder Equity vs Total Assets 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 Stockholder Equity and its Total Assets 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 Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Linzhou Heavy's Total Stockholder Equity and Total Assets is 0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets 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 Stockholder Equity and Total Assets 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 Stockholder Equity of Linzhou Heavy Machinery are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Linzhou Heavy's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Assets

Total assets refers to the total amount of Linzhou Heavy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Linzhou Heavy Machinery books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.08	0.94	0.76	-0.11	0.32	0.88	0.85	0.64	0.85	0.93	0.33	0.86	0.76	0.54	0.82	0.26	0.26	0.1	0.22	-0.12	0.26	0.42	0.28	0.32	0.26
Other Current Liab	0.08		0.11	-0.05	0.16	-0.09	-0.23	-0.25	0.02	-0.06	0.13	-0.2	0.14	-0.35	0.15	0.34	-0.11	-0.14	0.06	-0.1	-0.06	0.02	-0.16	-0.01	-0.18	-0.14
Total Current Liabilities	0.94	0.11		0.54	0.14	0.07	0.82	0.73	0.64	0.7	0.89	0.11	0.96	0.85	0.7	0.84	0.43	0.01	0.06	0.0	-0.33	0.45	0.18	0.47	0.11	0.02
Total Stockholder Equity	0.76	-0.05	0.54		-0.68	0.81	0.74	0.81	0.5	0.88	0.74	0.69	0.35	0.36	0.06	0.48	-0.18	0.79	0.37	0.68	0.42	-0.22	0.84	-0.18	0.75	0.75
Other Liab	-0.11	0.16	0.14	-0.68		-0.96	-0.3	-0.38	0.07	-0.45	-0.18	-0.66	0.33	0.18	0.61	0.16	0.55	-0.97	-0.52	-0.9	-0.77	0.64	-0.9	0.62	-0.86	-0.93
Retained Earnings	0.32	-0.09	0.07	0.81	-0.96		0.48	0.53	0.08	0.61	0.39	0.68	-0.14	-0.03	-0.49	0.05	-0.49	0.99	0.47	0.88	0.77	-0.61	0.94	-0.59	0.9	0.94
Accounts Payable	0.88	-0.23	0.82	0.74	-0.3	0.48		0.87	0.44	0.82	0.88	0.42	0.69	0.8	0.26	0.62	0.19	0.43	0.09	0.35	0.1	0.03	0.55	0.07	0.47	0.4
Cash	0.85	-0.25	0.73	0.81	-0.38	0.53	0.87		0.41	0.77	0.76	0.61	0.63	0.72	0.26	0.48	0.08	0.49	0.33	0.36	0.06	0.02	0.61	0.03	0.57	0.43
Other Assets	0.64	0.02	0.64	0.5	0.07	0.08	0.44	0.41		0.52	0.56	-0.16	0.56	0.49	0.53	0.62	0.15	0.09	0.07	0.1	-0.05	0.33	0.15	0.33	0.08	0.13
Net Receivables	0.85	-0.06	0.7	0.88	-0.45	0.61	0.82	0.77	0.52		0.87	0.52	0.53	0.55	0.24	0.58	0.17	0.58	0.12	0.56	0.11	0.11	0.74	0.16	0.59	0.6
Inventory	0.93	0.13	0.89	0.74	-0.18	0.39	0.88	0.76	0.56	0.87		0.29	0.77	0.72	0.42	0.72	0.22	0.33	0.06	0.34	-0.02	0.19	0.47	0.23	0.34	0.35
Other Current Assets	0.33	-0.2	0.11	0.69	-0.66	0.68	0.42	0.61	-0.16	0.52	0.29		-0.02	0.09	-0.19	0.0	-0.25	0.67	0.42	0.48	0.4	-0.33	0.68	-0.32	0.67	0.55
Total Liab	0.86	0.14	0.96	0.35	0.33	-0.14	0.69	0.63	0.56	0.53	0.77	-0.02		0.85	0.79	0.83	0.55	-0.2	0.03	-0.19	-0.52	0.55	-0.03	0.56	-0.05	-0.17
Intangible Assets	0.76	-0.35	0.85	0.36	0.18	-0.03	0.8	0.72	0.49	0.55	0.72	0.09	0.85		0.58	0.54	0.52	-0.06	0.04	-0.07	-0.36	0.46	0.08	0.47	0.09	-0.03
Common Stock	0.54	0.15	0.7	0.06	0.61	-0.49	0.26	0.26	0.53	0.24	0.42	-0.19	0.79	0.58		0.69	0.72	-0.51	-0.1	-0.48	-0.76	0.76	-0.37	0.82	-0.36	-0.49
Property Plant Equipment	0.82	0.34	0.84	0.48	0.16	0.05	0.62	0.48	0.62	0.58	0.72	0.0	0.83	0.54	0.69		0.36	-0.02	0.01	-0.04	-0.28	0.3	0.09	0.35	0.1	-0.02
Long Term Debt	0.26	-0.11	0.43	-0.18	0.55	-0.49	0.19	0.08	0.15	0.17	0.22	-0.25	0.55	0.52	0.72	0.36		-0.5	-0.2	-0.41	-0.78	0.72	-0.31	0.83	-0.27	-0.41
Net Tangible Assets	0.26	-0.14	0.01	0.79	-0.97	0.99	0.43	0.49	0.09	0.58	0.33	0.67	-0.2	-0.06	-0.51	-0.02	-0.5		0.49	0.88	0.78	-0.6	0.94	-0.58	0.89	0.94
Other Stockholder Equity	0.1	0.06	0.06	0.37	-0.52	0.47	0.09	0.33	0.07	0.12	0.06	0.42	0.03	0.04	-0.1	0.01	-0.2	0.49		0.43	0.29	-0.2	0.37	-0.27	0.64	0.49
Deferred Long Term Liab	0.22	-0.1	0.0	0.68	-0.9	0.88	0.35	0.36	0.1	0.56	0.34	0.48	-0.19	-0.07	-0.48	-0.04	-0.41	0.88	0.43		0.69	-0.52	0.83	-0.5	0.77	0.98
Long Term Investments	-0.12	-0.06	-0.33	0.42	-0.77	0.77	0.1	0.06	-0.05	0.11	-0.02	0.4	-0.52	-0.36	-0.76	-0.28	-0.78	0.78	0.29	0.69		-0.86	0.56	-0.88	0.57	0.72
Short Long Term Debt	0.26	0.02	0.45	-0.22	0.64	-0.61	0.03	0.02	0.33	0.11	0.19	-0.33	0.55	0.46	0.76	0.3	0.72	-0.6	-0.2	-0.52	-0.86		-0.36	0.95	-0.46	-0.54
Total Current Assets	0.42	-0.16	0.18	0.84	-0.9	0.94	0.55	0.61	0.15	0.74	0.47	0.68	-0.03	0.08	-0.37	0.09	-0.31	0.94	0.37	0.83	0.56	-0.36		-0.35	0.87	0.89
Short Term Debt	0.28	-0.01	0.47	-0.18	0.62	-0.59	0.07	0.03	0.33	0.16	0.23	-0.32	0.56	0.47	0.82	0.35	0.83	-0.58	-0.27	-0.5	-0.88	0.95	-0.35		-0.45	-0.52
Non Current Assets Total	0.32	-0.18	0.11	0.75	-0.86	0.9	0.47	0.57	0.08	0.59	0.34	0.67	-0.05	0.09	-0.36	0.1	-0.27	0.89	0.64	0.77	0.57	-0.46	0.87	-0.45		0.87
Non Currrent Assets Other	0.26	-0.14	0.02	0.75	-0.93	0.94	0.4	0.43	0.13	0.6	0.35	0.55	-0.17	-0.03	-0.49	-0.02	-0.41	0.94	0.49	0.98	0.72	-0.54	0.89	-0.52	0.87

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Linzhou Heavy Account Relationship Matchups

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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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.

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Linzhou Total Stockholder Equity vs Total Assets Analysis

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Assets

Linzhou Heavy fundamental ratios Correlations

Linzhou Heavy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Linzhou Heavy fundamental ratios Accounts

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Other Information on Investing in Linzhou Stock

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Net Tangible Assets	+ 0.99	Retained Earnings
Non Currrent Assets Other	+ 0.98	Deferred Long Term Liab
Total Liab	+ 0.96	Total Current Liabilities
Short Term Debt	+ 0.95	Short Long Term Debt
Total Current Liabilities	+ 0.94	Total Assets
Total Current Assets	+ 0.94	Retained Earnings

Net Tangible Assets	- 0.97	Other Liab
Retained Earnings	- 0.96	Other Liab
Non Currrent Assets Other	- 0.93	Other Liab
Total Current Assets	- 0.9	Other Liab
Deferred Long Term Liab	- 0.9	Other Liab
Short Term Debt	- 0.88	Long Term Investments