Gan Non Current Liabilities Total vs Non Current Assets Total Analysis

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 Non Current Liabilities Total and its Non Current Assets Total 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.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gan Yuan Foods Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gan Yuan's Non Current Liabilities Total and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total 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 Non Current Liabilities Total and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Gan Yuan Foods are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., Gan Yuan's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 M
 2021 2022 2023 2024 (projected)
Gross Profit454.2M497.1M669.6M478.2M
Total Revenue1.3B1.5B1.8B1.3B

Gan Yuan fundamental ratios Correlations

0.280.881.00.90.990.970.850.860.98-0.670.94-0.390.720.880.910.00.930.870.990.830.970.980.960.990.98
0.280.410.240.370.240.190.33-0.050.27-0.120.30.58-0.060.430.070.170.440.150.280.40.080.250.030.20.22
0.880.410.840.80.830.890.940.810.9-0.60.88-0.370.80.80.88-0.110.960.820.840.750.80.90.790.840.79
1.00.240.840.881.00.960.830.860.96-0.660.92-0.390.70.860.90.00.890.871.00.80.980.970.971.00.99
0.90.370.80.880.850.920.740.760.94-0.710.96-0.340.620.990.810.110.930.730.860.980.830.890.80.850.82
0.990.240.831.00.850.950.830.830.95-0.630.91-0.350.70.830.89-0.010.870.870.990.760.980.970.970.990.99
0.970.190.890.960.920.950.880.890.99-0.740.98-0.460.840.880.970.040.930.910.940.850.960.990.940.950.91
0.850.330.940.830.740.830.880.860.9-0.760.88-0.370.870.720.910.10.880.940.810.680.810.910.80.830.76
0.86-0.050.810.860.760.830.890.860.9-0.740.86-0.730.820.750.9-0.020.820.870.830.710.880.880.90.870.82
0.980.270.90.960.940.950.990.90.9-0.750.99-0.430.80.910.950.050.950.910.940.880.940.990.930.950.91
-0.67-0.12-0.6-0.66-0.71-0.63-0.74-0.76-0.74-0.75-0.80.45-0.67-0.67-0.72-0.62-0.66-0.8-0.61-0.75-0.66-0.71-0.64-0.63-0.57
0.940.30.880.920.960.910.980.880.860.99-0.8-0.40.80.930.930.140.950.880.90.920.90.970.870.90.85
-0.390.58-0.37-0.39-0.34-0.35-0.46-0.37-0.73-0.430.45-0.4-0.51-0.32-0.510.11-0.36-0.39-0.37-0.34-0.48-0.38-0.54-0.43-0.39
0.72-0.060.80.70.620.70.840.870.820.8-0.670.8-0.510.560.94-0.050.730.890.660.540.750.830.750.70.61
0.880.430.80.860.990.830.880.720.750.91-0.670.93-0.320.560.760.070.940.680.850.980.790.860.770.830.81
0.910.070.880.90.810.890.970.910.90.95-0.720.93-0.510.940.76-0.020.870.950.860.730.920.960.910.890.83
0.00.17-0.110.00.11-0.010.040.1-0.020.05-0.620.140.11-0.050.07-0.02-0.030.19-0.030.23-0.020.01-0.06-0.05-0.06
0.930.440.960.890.930.870.930.880.820.95-0.660.95-0.360.730.940.87-0.030.80.890.90.840.930.820.880.84
0.870.150.820.870.730.870.910.940.870.91-0.80.88-0.390.890.680.950.190.80.830.660.880.930.860.860.8
0.990.280.841.00.860.990.940.810.830.94-0.610.9-0.370.660.850.86-0.030.890.830.780.970.950.960.990.99
0.830.40.750.80.980.760.850.680.710.88-0.750.92-0.340.540.980.730.230.90.660.780.730.810.70.760.73
0.970.080.80.980.830.980.960.810.880.94-0.660.9-0.480.750.790.92-0.020.840.880.970.730.961.00.990.97
0.980.250.90.970.890.970.990.910.880.99-0.710.97-0.380.830.860.960.010.930.930.950.810.960.940.960.92
0.960.030.790.970.80.970.940.80.90.93-0.640.87-0.540.750.770.91-0.060.820.860.960.71.00.940.980.97
0.990.20.841.00.850.990.950.830.870.95-0.630.9-0.430.70.830.89-0.050.880.860.990.760.990.960.980.99
0.980.220.790.990.820.990.910.760.820.91-0.570.85-0.390.610.810.83-0.060.840.80.990.730.970.920.970.99
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Gan Yuan Account Relationship Matchups

Gan Yuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets862.1M1.8B1.8B2.0B2.1B1.4B
Other Current Liab137.4M119.4M124.6M202.5M7.4M7.1M
Total Current Liabilities249.6M215.8M248.4M372.9M297.3M256.4M
Total Stockholder Equity504.4M1.4B1.4B1.5B1.7B1.0B
Other Liab108.1M123.7M127.4M122.1M140.4M93.5M
Net Tangible Assets403.8M1.3B1.3B1.4B1.6B836.3M
Retained Earnings289.9M369.4M453.2M510.1M678.6M370.6M
Accounts Payable58.9M47.8M96.5M138.7M111.5M82.9M
Cash71.2M149.1M509.6M472.8M648.5M680.9M
Non Current Assets Total431.2M530.8M704.4M743.0M832.7M552.7M
Other Assets38.1M38.9M51.5M55.4M63.7M40.0M
Net Receivables15.5M8.6M17.4M21.6M28.9M17.6M
Non Current Liabilities Total108.1M123.7M129.0M124.9M112.8M99.6M
Inventory98.6M88.9M126.6M136.7M177.3M115.5M
Other Current Assets7.1M14.8M43.7M37.1M14.5M13.8M
Total Liab357.7M339.5M377.4M497.8M410.2M356.1M
Deferred Long Term Liab10.8M10.9M23.6M24.8M28.5M16.2M
Total Current Assets430.9M1.2B1.1B1.3B1.3B843.5M
Intangible Assets100.5M99.7M97.8M100.1M98.1M90.2M
Property Plant Equipment292.6M392.2M555.1M587.5M675.6M373.1M
Net Invested Capital504.4M1.4B1.4B1.5B1.7B1.1B
Net Working Capital181.3M1.0B869.2M887.8M964.9M657.5M

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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.