Anhui Total Assets vs Deferred Long Term Liab 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 Total Assets and its Deferred Long Term Liab 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.

Total Assets vs Deferred Long Term Liab

Total Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Fuhuang Steel Total Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Anhui Fuhuang's Total Assets and Deferred Long Term Liab is -0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab 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 Total Assets 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 Assets of Anhui Fuhuang Steel 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 Assets i.e., Anhui Fuhuang's Total Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Anhui Fuhuang 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 Anhui Fuhuang Steel 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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
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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

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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.