| 002991 Stock | | | 84.32 0.21 0.25% |
Gan Yuan financial indicator trend analysis is much more than just examining Gan Yuan Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gan Yuan Foods is a good investment. Please check the relationship between Gan Yuan Long Term Debt and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gan Yuan Foods. 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 Deferred Long Term Liab
Long Term Debt vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gan Yuan Foods Long Term Debt account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gan Yuan's Long Term Debt and Deferred Long Term Liab is -0.39. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Gan Yuan Foods, assuming nothing else is changed. The correlation between historical values of Gan Yuan's Long Term Debt 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 Long Term Debt of Gan Yuan Foods 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 Long Term Debt i.e., Gan Yuan's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Gan Yuan Foods has held for over one year. Long-term debt appears on Gan Yuan Foods 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 Gan Yuan Foods 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.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Gan Yuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gan Yuan Foods 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 Gan Yuan Foods. 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.
As of December 19, 2024,
Tax Provision is expected to decline to about 51.9
M. In addition to that,
Selling General Administrative is expected to decline to about 224.4
MGan Yuan fundamental ratios Correlations
Click cells to compare fundamentals
Gan Yuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gan Yuan fundamental ratios Accounts
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Other Information on Investing in Gan Stock
Balance Sheet is a snapshot of the
financial position of Gan Yuan Foods at a specified time, usually calculated after every quarter, six months, or one year. Gan Yuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gan Yuan 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 Gan currently owns. An asset can also be divided into two categories, current and non-current.