Anhui Total Current Liabilities vs Retained Earnings Analysis

002556 Stock   6.10  0.22  3.48%   
Anhui Huilong financial indicator trend analysis is way more than just evaluating Anhui Huilong Agricu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huilong Agricu is a good investment. Please check the relationship between Anhui Huilong Total Current Liabilities and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huilong Agricultural. 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 Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Huilong Agricu Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Anhui Huilong's Total Current Liabilities and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Anhui Huilong Agricultural, assuming nothing else is changed. The correlation between historical values of Anhui Huilong's Total Current Liabilities and Retained Earnings 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 Anhui Huilong Agricultural are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Anhui Huilong's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Anhui Huilong balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Anhui Huilong Agricultural 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Anhui Huilong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huilong Agricu 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 Anhui Huilong Agricultural. 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 304.4 M. The current year's Tax Provision is expected to grow to about 55.7 M
 2021 2022 2023 2024 (projected)
Operating Income676.1M670.2M190.1M258.2M
Total Revenue19.1B18.2B17.8B12.8B

Anhui Huilong fundamental ratios Correlations

0.310.960.980.770.960.920.750.670.030.87-0.180.990.830.860.81-0.070.390.760.870.20.710.830.820.840.68
0.310.40.37-0.050.350.270.4-0.03-0.090.27-0.050.270.010.04-0.06-0.1-0.590.340.060.20.01-0.050.090.150.41
0.960.40.920.70.930.930.760.590.080.88-0.030.970.780.840.75-0.090.260.690.780.240.690.770.880.750.66
0.980.370.920.720.940.850.760.650.060.82-0.180.940.790.820.780.010.320.780.820.180.650.740.710.830.7
0.77-0.050.70.720.80.730.610.82-0.240.62-0.410.780.930.860.98-0.220.750.840.890.170.690.860.820.930.7
0.960.350.930.940.80.930.830.59-0.020.77-0.270.960.880.840.8-0.040.340.830.840.280.70.840.820.860.7
0.920.270.930.850.730.930.690.580.010.78-0.270.940.830.810.75-0.050.350.650.820.120.660.790.870.790.68
0.750.40.760.760.610.830.690.33-0.150.62-0.030.740.710.720.58-0.160.170.770.520.560.380.640.640.590.38
0.67-0.030.590.650.820.590.580.33-0.130.6-0.370.660.690.760.89-0.260.690.620.78-0.190.610.640.630.810.71
0.03-0.090.080.06-0.24-0.020.01-0.15-0.13-0.130.450.010.00.07-0.110.72-0.2-0.26-0.2-0.27-0.08-0.22-0.09-0.24-0.12
0.870.270.880.820.620.770.780.620.6-0.130.030.880.60.710.66-0.330.340.530.730.120.660.750.790.680.55
-0.18-0.05-0.03-0.18-0.41-0.27-0.27-0.03-0.370.450.03-0.17-0.34-0.1-0.340.07-0.32-0.4-0.430.23-0.19-0.27-0.05-0.56-0.55
0.990.270.970.940.780.960.940.740.660.010.88-0.170.840.870.81-0.130.420.730.880.210.730.870.870.840.66
0.830.010.780.790.930.880.830.710.690.00.6-0.340.840.920.93-0.020.650.80.820.190.640.830.830.880.65
0.860.040.840.820.860.840.810.720.760.070.71-0.10.870.920.9-0.180.650.680.750.210.640.80.870.770.53
0.81-0.060.750.780.980.80.750.580.89-0.110.66-0.340.810.930.9-0.160.760.790.890.080.710.830.820.920.72
-0.07-0.1-0.090.01-0.22-0.04-0.05-0.16-0.260.72-0.330.07-0.13-0.02-0.18-0.16-0.29-0.12-0.16-0.19-0.18-0.27-0.29-0.160.01
0.39-0.590.260.320.750.340.350.170.69-0.20.34-0.320.420.650.650.76-0.290.350.58-0.030.440.630.530.580.24
0.760.340.690.780.840.830.650.770.62-0.260.53-0.40.730.80.680.79-0.120.350.80.330.530.70.620.880.72
0.870.060.780.820.890.840.820.520.78-0.20.73-0.430.880.820.750.89-0.160.580.80.070.790.880.790.950.76
0.20.20.240.180.170.280.120.56-0.19-0.270.120.230.210.190.210.08-0.19-0.030.330.070.140.330.260.04-0.24
0.710.010.690.650.690.70.660.380.61-0.080.66-0.190.730.640.640.71-0.180.440.530.790.140.820.710.720.6
0.83-0.050.770.740.860.840.790.640.64-0.220.75-0.270.870.830.80.83-0.270.630.70.880.330.820.850.830.5
0.820.090.880.710.820.820.870.640.63-0.090.79-0.050.870.830.870.82-0.290.530.620.790.260.710.850.740.55
0.840.150.750.830.930.860.790.590.81-0.240.68-0.560.840.880.770.92-0.160.580.880.950.040.720.830.740.85
0.680.410.660.70.70.70.680.380.71-0.120.55-0.550.660.650.530.720.010.240.720.76-0.240.60.50.550.85
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Anhui Huilong Account Relationship Matchups

Anhui Huilong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B9.1B11.0B11.6B11.6B7.3B
Other Current Liab770.4M1.1B1.2B1.6B62.0M58.9M
Total Current Liabilities5.0B5.2B6.7B6.8B6.0B4.6B
Total Stockholder Equity2.6B3.2B3.8B4.1B3.7B2.3B
Other Liab54.6M74.9M130.6M154.4M177.6M186.5M
Retained Earnings1.1B1.2B1.4B1.6B1.3B746.7M
Accounts Payable2.0B1.9B2.6B3.4B3.0B1.7B
Cash1.6B2.0B1.6B1.5B1.1B1.1B
Other Assets269.6M318.9M362.4M1.0B1.2B1.2B
Net Receivables534.6M272.8M636.8M347.0M438.5M482.3M
Inventory2.0B1.7B2.4B2.4B2.6B1.8B
Other Current Assets1.2B1.3B1.6B57.1M811.3M1.3B
Total Liab5.4B5.8B6.9B7.3B7.7B4.9B
Intangible Assets349.5M400.4M429.1M487.9M475.8M499.6M
Property Plant Equipment935.0M1.0B1.5B2.1B2.4B2.6B
Short Term Investments6.4M4.0M40.1M21.2M1.8M1.7M
Long Term Debt330.3M431.3M28.7M311.6M1.5B1.6B
Good Will48.9M131.7M138.6M113.1M77.8M64.5M
Net Tangible Assets2.4B2.2B2.6B3.3B3.8B2.6B
Other Stockholder Equity27.5M9.4M45.3M3.2M3.6M3.5M
Deferred Long Term Liab23.3M17.2M13.6M22.7M26.1M17.5M
Total Current Assets5.3B5.6B6.3B6.1B6.6B6.3B
Non Current Assets Total2.8B3.5B4.7B5.4B5.1B3.8B
Non Currrent Assets Other160.2M139.6M830.6M1.1B425.6M420.3M
Non Current Liabilities Total405.2M561.9M237.3M486.9M1.7B1.8B
Short Long Term Debt2.0B2.0B2.4B1.6B1.5B1.6B
Non Current Liabilities Other330.1M22.9M61.1M16.4M5.2M4.9M
Net Debt792.5M404.1M825.4M443.4M1.9B990.5M
Net Invested Capital5.0B5.6B6.3B6.0B6.8B6.1B
Net Working Capital384.0M360.0M(408.1M)(663.8M)537.9M564.8M

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Other Information on Investing in Anhui Stock

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