Anhui Long Term Debt vs Long Term Investments Analysis

002743 Stock   6.39  0.24  3.90%   
Anhui Fuhuang financial indicator trend analysis is way more than just evaluating Anhui Fuhuang Steel prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Fuhuang Steel is a good investment. Please check the relationship between Anhui Fuhuang Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Fuhuang Steel. 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.

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Fuhuang Steel Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anhui Fuhuang's Long Term Debt and Long Term Investments is 0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Anhui Fuhuang Steel, assuming nothing else is changed. The correlation between historical values of Anhui Fuhuang's Long Term Debt 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 Long Term Debt of Anhui Fuhuang Steel 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 Long Term Debt i.e., Anhui Fuhuang's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Anhui Fuhuang Steel has held for over one year. Long-term debt appears on Anhui Fuhuang Steel balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Anhui Fuhuang Steel balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Investments

Long Term Investments is an item on the asset side of Anhui Fuhuang balance sheet that represents investments Anhui Fuhuang Steel intends to hold for over a year. Anhui Fuhuang Steel long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Anhui Fuhuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Fuhuang Steel 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 Fuhuang Steel. 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 5.5 M, whereas Selling General Administrative is forecasted to decline to about 87.4 M.
 2021 2022 2023 2024 (projected)
Operating Income419.5M347.1M316.3M231.2M
Total Revenue5.7B4.8B4.6B3.4B

Anhui Fuhuang fundamental ratios Correlations

0.350.980.99-0.380.940.610.630.60.840.00.591.00.840.960.950.990.980.8-0.930.870.970.890.8-0.370.88
0.350.360.35-0.290.270.180.420.070.290.50.30.340.530.380.520.310.310.79-0.280.460.250.52-0.04-0.770.31
0.980.360.94-0.40.960.560.550.50.84-0.040.590.990.740.90.930.980.940.8-0.910.780.960.860.8-0.420.88
0.990.350.94-0.370.920.690.660.640.830.020.610.970.890.990.950.960.990.79-0.920.910.950.880.76-0.380.85
-0.38-0.29-0.4-0.37-0.41-0.31-0.39-0.47-0.28-0.46-0.28-0.38-0.42-0.36-0.34-0.35-0.3-0.330.29-0.4-0.25-0.31-0.10.2-0.2
0.940.270.960.92-0.410.680.470.540.870.00.680.950.750.870.870.940.90.72-0.910.770.920.780.78-0.460.72
0.610.180.560.69-0.310.680.210.420.52-0.010.690.570.650.70.560.590.680.5-0.620.650.60.410.43-0.510.34
0.630.420.550.66-0.390.470.210.660.550.170.250.610.740.690.660.590.610.6-0.50.690.50.770.43-0.120.59
0.60.070.50.64-0.470.540.420.660.450.320.270.570.720.650.510.540.550.35-0.480.670.470.510.350.050.42
0.840.290.840.83-0.280.870.520.550.45-0.10.390.840.680.80.790.880.830.62-0.780.70.820.740.79-0.440.64
0.00.5-0.040.02-0.460.0-0.010.170.32-0.10.17-0.010.380.080.13-0.08-0.080.260.010.26-0.160.07-0.54-0.31-0.17
0.590.30.590.61-0.280.680.690.250.270.390.170.580.60.590.660.560.580.66-0.710.560.560.560.29-0.620.37
1.00.340.990.97-0.380.950.570.610.570.84-0.010.580.80.940.950.990.970.79-0.930.840.970.880.81-0.360.89
0.840.530.740.89-0.420.750.650.740.720.680.380.60.80.920.870.770.830.81-0.780.960.740.830.45-0.440.64
0.960.380.90.99-0.360.870.70.690.650.80.080.590.940.920.950.930.970.79-0.880.920.910.860.7-0.380.82
0.950.520.930.95-0.340.870.560.660.510.790.130.660.950.870.950.930.940.9-0.910.870.90.930.64-0.510.86
0.990.310.980.96-0.350.940.590.590.540.88-0.080.560.990.770.930.930.970.77-0.930.830.970.870.83-0.380.89
0.980.310.940.99-0.30.90.680.610.550.83-0.080.580.970.830.970.940.970.78-0.930.890.970.880.8-0.350.89
0.80.790.80.79-0.330.720.50.60.350.620.260.660.790.810.790.90.770.78-0.790.810.750.890.44-0.720.75
-0.93-0.28-0.91-0.920.29-0.91-0.62-0.5-0.48-0.780.01-0.71-0.93-0.78-0.88-0.91-0.93-0.93-0.79-0.87-0.95-0.89-0.740.41-0.83
0.870.460.780.91-0.40.770.650.690.670.70.260.560.840.960.920.870.830.890.81-0.870.830.880.56-0.380.75
0.970.250.960.95-0.250.920.60.50.470.82-0.160.560.970.740.910.90.970.970.75-0.950.830.860.87-0.320.91
0.890.520.860.88-0.310.780.410.770.510.740.070.560.880.830.860.930.870.880.89-0.890.880.860.68-0.40.88
0.8-0.040.80.76-0.10.780.430.430.350.79-0.540.290.810.450.70.640.830.80.44-0.740.560.870.68-0.040.77
-0.37-0.77-0.42-0.380.2-0.46-0.51-0.120.05-0.44-0.31-0.62-0.36-0.44-0.38-0.51-0.38-0.35-0.720.41-0.38-0.32-0.4-0.04-0.17
0.880.310.880.85-0.20.720.340.590.420.64-0.170.370.890.640.820.860.890.890.75-0.830.750.910.880.77-0.17
Click cells to compare fundamentals

Anhui Fuhuang Account Relationship Matchups

Anhui Fuhuang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B9.0B10.1B11.1B10.5B6.8B
Other Current Liab412.9M399.5M356.7M148.0M338.0M346.9M
Total Current Liabilities4.8B5.5B6.3B6.8B6.3B4.2B
Total Stockholder Equity2.2B2.9B3.1B3.1B3.2B1.9B
Other Liab8.9M8.2M11.9M54.5M49.1M31.7M
Accounts Payable2.9B3.4B4.1B3.7B2.6B2.2B
Cash729.2M1.5B1.0B656.8M813.2M792.7M
Other Assets354.7M124.6M206.3M280.9M323.0M193.7M
Long Term Debt667.3M549.0M588.0M913.7M673.4M555.7M
Net Receivables2.3B2.4B6.5B3.0B3.4B2.3B
Inventory2.4B505.8M408.0M499.0M492.8M823.1M
Other Current Assets429.8M608.2M169.9M194.2M96.3M163.9M
Total Liab5.5B6.1B7.0B7.9B7.3B4.8B
Intangible Assets185.0M179.7M174.3M169.8M167.2M145.2M
Property Plant Equipment1.4B1.5B1.5B1.5B1.7B1.0B
Retained Earnings628.9M730.7M869.8M831.8M898.7M615.1M
Net Tangible Assets1.8B2.0B2.7B2.9B3.3B2.1B
Other Stockholder Equity4.2M2.9M3.3M2.6M3.0M2.8M
Total Current Assets5.9B7.2B8.1B9.0B8.4B6.7B
Non Current Assets Total1.8B1.9B2.0B2.1B2.1B2.1B
Non Currrent Assets Other67.7M138.9M195.8M201.5M155.7M140.5M
Non Current Liabilities Total675.5M560.8M646.5M1.1B932.3M896.3M
Short Long Term Debt986.7M1.2B1.2B2.0B2.2B1.4B
Non Current Liabilities Other1.4M904.0K704.8K1.6M3.0M3.2M
Net Debt924.8M281.9M779.4M2.2B2.1B1.4B
Net Invested Capital3.8B4.7B4.8B6.0B6.1B5.2B
Net Working Capital1.1B1.6B1.8B2.2B2.1B1.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Anhui Stock

Balance Sheet is a snapshot of the financial position of Anhui Fuhuang Steel at a specified time, usually calculated after every quarter, six months, or one year. Anhui Fuhuang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Fuhuang 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.