Shandong Depreciation vs End Period Cash Flow Analysis

002726 Stock

7.92 0.02 0.25%

Shandong Longda financial indicator trend analysis is much more than just breaking down Shandong Longda Meat prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Longda Meat is a good investment. Please check the relationship between Shandong Longda Depreciation and its End Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Longda Meat. 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.

Depreciation vs End Period Cash Flow

Depreciation vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Longda Meat Depreciation account and End Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Shandong Longda's Depreciation and End Period Cash Flow is 0.27. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Shandong Longda Meat, assuming nothing else is changed. The correlation between historical values of Shandong Longda's Depreciation and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Shandong Longda Meat are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Depreciation i.e., Shandong Longda's Depreciation and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Shandong Longda Meat value has been used up. For tax purposes Shandong Longda can deduct the cost of the tangible assets it purchases as business expenses. However, Shandong Longda Meat must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

End Period Cash Flow

Most indicators from Shandong Longda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Longda Meat 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 Shandong Longda Meat. 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 Tax Provision is expected to grow to about 60.3 M, whereas Selling General Administrative is forecasted to decline to about 256.5 M.

Shandong Longda fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.72	0.98	0.9	0.61	0.54	0.99	0.94	0.86	0.74	0.91	0.88	0.66	0.93	0.7	0.92	0.75	-0.54	0.92	0.87	-0.77	0.95	0.88	0.95	0.74	0.95
Other Current Liab	0.72		0.75	0.74	-0.05	0.84	0.66	0.62	0.34	0.14	0.59	0.91	0.97	0.54	0.08	0.58	0.14	-0.43	0.44	0.36	-0.52	0.82	0.33	0.51	0.14	0.66
Total Current Liabilities	0.98	0.75		0.82	0.56	0.47	0.97	0.87	0.83	0.7	0.86	0.91	0.71	0.93	0.66	0.91	0.72	-0.54	0.9	0.84	-0.74	0.94	0.85	0.93	0.71	0.98
Total Stockholder Equity	0.9	0.74	0.82		0.48	0.73	0.87	0.91	0.71	0.57	0.87	0.82	0.65	0.77	0.56	0.8	0.58	-0.49	0.73	0.68	-0.77	0.88	0.7	0.8	0.58	0.76
Other Liab	0.61	-0.05	0.56	0.48		-0.23	0.64	0.59	0.9	0.91	0.63	0.31	-0.12	0.77	0.92	0.65	0.96	-0.29	0.78	0.75	-0.58	0.48	0.85	0.77	0.92	0.65
Retained Earnings	0.54	0.84	0.47	0.73	-0.23		0.48	0.56	0.08	-0.08	0.47	0.65	0.78	0.23	-0.11	0.39	-0.11	-0.31	0.23	0.22	-0.36	0.59	0.15	0.3	-0.07	0.32
Accounts Payable	0.99	0.66	0.97	0.87	0.64	0.48		0.9	0.86	0.76	0.9	0.85	0.61	0.92	0.75	0.91	0.77	-0.53	0.92	0.88	-0.74	0.92	0.92	0.96	0.76	0.94
Cash	0.94	0.62	0.87	0.91	0.59	0.56	0.9		0.82	0.75	0.89	0.74	0.54	0.85	0.66	0.84	0.7	-0.55	0.9	0.89	-0.75	0.88	0.84	0.91	0.75	0.84
Other Assets	0.86	0.34	0.83	0.71	0.9	0.08	0.86	0.82		0.95	0.82	0.64	0.29	0.96	0.91	0.84	0.97	-0.48	0.93	0.88	-0.76	0.79	0.94	0.95	0.95	0.9
Long Term Debt	0.74	0.14	0.7	0.57	0.91	-0.08	0.76	0.75	0.95		0.71	0.46	0.09	0.89	0.92	0.68	0.97	-0.35	0.89	0.9	-0.57	0.67	0.92	0.9	1.0	0.79
Net Receivables	0.91	0.59	0.86	0.87	0.63	0.47	0.9	0.89	0.82	0.71		0.7	0.49	0.84	0.7	0.85	0.72	-0.5	0.83	0.79	-0.71	0.83	0.87	0.91	0.73	0.85
Inventory	0.88	0.91	0.91	0.82	0.31	0.65	0.85	0.74	0.64	0.46	0.7		0.88	0.8	0.42	0.77	0.49	-0.47	0.69	0.6	-0.67	0.94	0.6	0.74	0.46	0.87
Other Current Assets	0.66	0.97	0.71	0.65	-0.12	0.78	0.61	0.54	0.29	0.09	0.49	0.88		0.5	0.05	0.53	0.1	-0.39	0.4	0.3	-0.47	0.78	0.27	0.45	0.09	0.63
Total Liab	0.93	0.54	0.93	0.77	0.77	0.23	0.92	0.85	0.96	0.89	0.84	0.8	0.5		0.84	0.85	0.9	-0.49	0.94	0.87	-0.75	0.91	0.92	0.97	0.89	0.97
Intangible Assets	0.7	0.08	0.66	0.56	0.92	-0.11	0.75	0.66	0.91	0.92	0.7	0.42	0.05	0.84		0.71	0.96	-0.39	0.83	0.79	-0.63	0.59	0.91	0.84	0.93	0.74
Common Stock	0.92	0.58	0.91	0.8	0.65	0.39	0.91	0.84	0.84	0.68	0.85	0.77	0.53	0.85	0.71		0.74	-0.58	0.9	0.81	-0.87	0.8	0.85	0.87	0.69	0.88
Property Plant Equipment	0.75	0.14	0.72	0.58	0.96	-0.11	0.77	0.7	0.97	0.97	0.72	0.49	0.1	0.9	0.96	0.74		-0.4	0.88	0.84	-0.66	0.66	0.93	0.89	0.97	0.81
Short Term Investments	-0.54	-0.43	-0.54	-0.49	-0.29	-0.31	-0.53	-0.55	-0.48	-0.35	-0.5	-0.47	-0.39	-0.49	-0.39	-0.58	-0.4		-0.54	-0.42	0.79	-0.51	-0.46	-0.49	-0.35	-0.51
Net Tangible Assets	0.92	0.44	0.9	0.73	0.78	0.23	0.92	0.9	0.93	0.89	0.83	0.69	0.4	0.94	0.83	0.9	0.88	-0.54		0.97	-0.74	0.82	0.95	0.97	0.89	0.92
Deferred Long Term Liab	0.87	0.36	0.84	0.68	0.75	0.22	0.88	0.89	0.88	0.9	0.79	0.6	0.3	0.87	0.79	0.81	0.84	-0.42	0.97		-0.59	0.76	0.94	0.95	0.9	0.85
Long Term Investments	-0.77	-0.52	-0.74	-0.77	-0.58	-0.36	-0.74	-0.75	-0.76	-0.57	-0.71	-0.67	-0.47	-0.75	-0.63	-0.87	-0.66	0.79	-0.74	-0.59		-0.72	-0.66	-0.71	-0.58	-0.73
Total Current Assets	0.95	0.82	0.94	0.88	0.48	0.59	0.92	0.88	0.79	0.67	0.83	0.94	0.78	0.91	0.59	0.8	0.66	-0.51	0.82	0.76	-0.72		0.76	0.88	0.67	0.93
Non Current Assets Total	0.88	0.33	0.85	0.7	0.85	0.15	0.92	0.84	0.94	0.92	0.87	0.6	0.27	0.92	0.91	0.85	0.93	-0.46	0.95	0.94	-0.66	0.76		0.97	0.93	0.88
Non Currrent Assets Other	0.95	0.51	0.93	0.8	0.77	0.3	0.96	0.91	0.95	0.9	0.91	0.74	0.45	0.97	0.84	0.87	0.89	-0.49	0.97	0.95	-0.71	0.88	0.97		0.9	0.94
Non Current Liabilities Total	0.74	0.14	0.71	0.58	0.92	-0.07	0.76	0.75	0.95	1.0	0.73	0.46	0.09	0.89	0.93	0.69	0.97	-0.35	0.89	0.9	-0.58	0.67	0.93	0.9		0.79
Short Long Term Debt	0.95	0.66	0.98	0.76	0.65	0.32	0.94	0.84	0.9	0.79	0.85	0.87	0.63	0.97	0.74	0.88	0.81	-0.51	0.92	0.85	-0.73	0.93	0.88	0.94	0.79

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Shandong Longda Account Relationship Matchups

Shandong Longda fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	8.6B	8.2B	8.0B	6.3B	4.2B
Other Current Liab	918.1M	927.4M	557.4M	340.0M	11.6M	11.0M
Total Current Liabilities	3.7B	4.0B	3.7B	3.3B	3.3B	1.7B
Total Stockholder Equity	2.3B	3.4B	3.2B	3.3B	1.5B	2.0B
Other Liab	13.2M	18.6M	41.2M	48.7M	56.0M	58.8M
Retained Earnings	1.2B	2.1B	1.2B	1.3B	(515.3M)	(489.5M)
Accounts Payable	805.4M	990.8M	1.0B	1.2B	842.5M	475.9M
Cash	717.6M	2.4B	2.2B	1.9B	1.4B	956.6M
Other Assets	352.9M	538.5M	676.1M	623.8M	717.4M	753.2M
Net Receivables	431.6M	489.5M	914.1M	621.5M	444.4M	360.2M
Inventory	2.7B	2.6B	1.6B	1.7B	991.8M	1.1B
Other Current Assets	857.3M	827.2M	371.2M	248.8M	218.8K	207.8K
Total Liab	3.8B	4.9B	4.8B	4.5B	4.7B	4.9B
Intangible Assets	51.7M	57.4M	107.7M	149.2M	134.6M	141.3M
Common Stock	988.6M	995.9M	1.1B	1.1B	1.2B	626.9M
Property Plant Equipment	1.1B	1.6B	2.4B	2.7B	3.1B	3.3B
Net Tangible Assets	2.2B	3.3B	3.1B	3.1B	3.6B	2.6B
Deferred Long Term Liab	3.8M	12.3M	11.5M	11.8M	13.6M	7.1M
Total Current Assets	4.8B	6.3B	5.0B	4.5B	3.0B	3.7B
Non Current Assets Total	1.5B	2.2B	3.2B	3.5B	3.4B	2.3B
Non Currrent Assets Other	329.7M	506.7M	584.0M	543.5M	507.4M	414.1M
Non Current Liabilities Total	33.2M	819.1M	1.1B	1.1B	1.3B	1.4B
Short Long Term Debt	1.8B	1.9B	1.9B	1.5B	1.9B	1.4B
Common Stock Shares Outstanding	982.2M	995.9M	1.1B	1.1B	1.1B	1.1B
Net Invested Capital	4.2B	6.1B	6.2B	5.9B	4.6B	5.0B
Net Working Capital	1.1B	2.3B	1.3B	1.1B	(385.5M)	(366.2M)
Capital Stock	988.6M	995.9M	1.1B	1.1B	1.1B	1.1B

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Other Information on Investing in Shandong Stock

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

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Shandong Depreciation vs End Period Cash Flow Analysis

Depreciation vs End Period Cash Flow

Depreciation vs End Period Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

End Period Cash Flow

Shandong Longda fundamental ratios Correlations

Shandong Longda Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Longda fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

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COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Accounts Payable	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Short Long Term Debt	+ 0.98	Total Current Liabilities
Other Current Assets	+ 0.97	Other Current Liab
Accounts Payable	+ 0.97	Total Current Liabilities

Long Term Investments	- 0.87	Common Stock
Long Term Investments	- 0.77	Total Stockholder Equity
Long Term Investments	- 0.77	Total Assets
Long Term Investments	- 0.76	Other Assets
Long Term Investments	- 0.75	Total Liab
Long Term Investments	- 0.75	Cash