Chongqing Long Term Debt vs Intangible Assets Analysis

200625 Stock

3.66 0.01 0.27%

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

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Changan Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chongqing Changan's Long Term Debt and Intangible Assets is -0.32. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Chongqing Changan Automobile, assuming nothing else is changed. The correlation between historical values of Chongqing Changan's Long Term Debt and Intangible Assets 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 Chongqing Changan Automobile are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Chongqing Changan's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Chongqing Changan has held for over one year. Long-term debt appears on Chongqing Changan Automobile 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 Chongqing Changan Automobile 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Chongqing Changan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Changan 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 Chongqing Changan Automobile. 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 1.1 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	17.5B	24.8B	27.8B	17.1B
Total Revenue	105.1B	121.3B	151.3B	100.8B

Gross Profit Total Revenue

Chongqing Changan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.36	0.98	0.95	-0.58	0.96	0.92	0.97	0.94	0.94	-0.36	-0.78	0.7	0.44	0.75	0.86	0.98	-0.73	-0.57	0.99	0.76	0.95	0.41	0.75	-0.78	0.69
Other Current Liab	0.36		0.44	0.36	-0.45	0.36	0.28	0.29	0.59	0.38	0.01	-0.65	-0.03	-0.07	0.06	0.42	0.37	-0.3	-0.01	0.45	0.0	0.45	-0.03	-0.11	-0.51	-0.08
Total Current Liabilities	0.98	0.44		0.89	-0.64	0.91	0.84	0.98	0.97	0.95	-0.26	-0.78	0.67	0.53	0.71	0.85	1.0	-0.62	-0.52	1.0	0.7	0.95	0.26	0.64	-0.77	0.64
Total Stockholder Equity	0.95	0.36	0.89		-0.46	1.0	0.99	0.87	0.86	0.85	-0.55	-0.76	0.61	0.17	0.73	0.83	0.88	-0.87	-0.57	0.91	0.74	0.88	0.62	0.8	-0.8	0.65
Other Liab	-0.58	-0.45	-0.64	-0.46		-0.49	-0.35	-0.58	-0.68	-0.63	-0.22	0.8	-0.38	-0.53	-0.24	-0.53	-0.63	0.36	0.23	-0.63	-0.32	-0.55	0.13	-0.24	0.59	-0.34
Net Tangible Assets	0.96	0.36	0.91	1.0	-0.49		0.98	0.89	0.89	0.87	-0.53	-0.76	0.58	0.21	0.69	0.81	0.89	-0.84	-0.51	0.93	0.7	0.9	0.57	0.77	-0.81	0.61
Retained Earnings	0.92	0.28	0.84	0.99	-0.35	0.98		0.83	0.8	0.8	-0.64	-0.68	0.6	0.09	0.73	0.81	0.82	-0.86	-0.59	0.86	0.74	0.84	0.66	0.8	-0.78	0.65
Accounts Payable	0.97	0.29	0.98	0.87	-0.58	0.89	0.83		0.93	0.94	-0.26	-0.7	0.72	0.59	0.74	0.82	0.99	-0.58	-0.56	0.98	0.74	0.93	0.25	0.68	-0.73	0.7
Cash	0.94	0.59	0.97	0.86	-0.68	0.89	0.8	0.93		0.92	-0.24	-0.83	0.54	0.47	0.6	0.8	0.95	-0.61	-0.42	0.98	0.57	0.94	0.18	0.52	-0.81	0.51
Other Assets	0.94	0.38	0.95	0.85	-0.63	0.87	0.8	0.94	0.92		-0.11	-0.75	0.63	0.56	0.62	0.86	0.95	-0.56	-0.44	0.95	0.65	0.98	0.2	0.64	-0.64	0.59
Long Term Debt	-0.36	0.01	-0.26	-0.55	-0.22	-0.53	-0.64	-0.26	-0.24	-0.11		0.08	-0.12	0.42	-0.37	-0.17	-0.21	0.55	0.31	-0.29	-0.32	-0.19	-0.68	-0.4	0.4	-0.2
Net Receivables	-0.78	-0.65	-0.78	-0.76	0.8	-0.76	-0.68	-0.7	-0.83	-0.75	0.08		-0.55	-0.31	-0.57	-0.8	-0.76	0.74	0.47	-0.79	-0.58	-0.75	-0.3	-0.55	0.78	-0.55
Good Will	0.7	-0.03	0.67	0.61	-0.38	0.58	0.6	0.72	0.54	0.63	-0.12	-0.55		0.55	0.94	0.82	0.71	-0.49	-0.92	0.64	0.97	0.57	0.34	0.77	-0.49	0.99
Inventory	0.44	-0.07	0.53	0.17	-0.53	0.21	0.09	0.59	0.47	0.56	0.42	-0.31	0.55		0.39	0.35	0.59	0.15	-0.25	0.49	0.38	0.46	-0.41	0.24	-0.12	0.45
Other Current Assets	0.75	0.06	0.71	0.73	-0.24	0.69	0.73	0.74	0.6	0.62	-0.37	-0.57	0.94	0.39		0.81	0.73	-0.63	-0.91	0.68	0.97	0.61	0.51	0.83	-0.57	0.95
Other Stockholder Equity	0.86	0.42	0.85	0.83	-0.53	0.81	0.81	0.82	0.8	0.86	-0.17	-0.8	0.82	0.35	0.81		0.84	-0.68	-0.76	0.84	0.85	0.85	0.38	0.71	-0.68	0.8
Total Liab	0.98	0.37	1.0	0.88	-0.63	0.89	0.82	0.99	0.95	0.95	-0.21	-0.76	0.71	0.59	0.73	0.84		-0.6	-0.54	0.99	0.73	0.94	0.25	0.68	-0.73	0.68
Deferred Long Term Liab	-0.73	-0.3	-0.62	-0.87	0.36	-0.84	-0.86	-0.58	-0.61	-0.56	0.55	0.74	-0.49	0.15	-0.63	-0.68	-0.6		0.53	-0.65	-0.65	-0.61	-0.83	-0.8	0.76	-0.59
Long Term Investments	-0.57	-0.01	-0.52	-0.57	0.23	-0.51	-0.59	-0.56	-0.42	-0.44	0.31	0.47	-0.92	-0.25	-0.91	-0.76	-0.54	0.53		-0.51	-0.93	-0.4	-0.42	-0.67	0.55	-0.93
Total Current Assets	0.99	0.45	1.0	0.91	-0.63	0.93	0.86	0.98	0.98	0.95	-0.29	-0.79	0.64	0.49	0.68	0.84	0.99	-0.65	-0.51		0.68	0.96	0.27	0.63	-0.79	0.62
Intangible Assets	0.76	0.0	0.7	0.74	-0.32	0.7	0.74	0.74	0.57	0.65	-0.32	-0.58	0.97	0.38	0.97	0.85	0.73	-0.65	-0.93	0.68		0.61	0.54	0.87	-0.55	0.99
Common Stock	0.95	0.45	0.95	0.88	-0.55	0.9	0.84	0.93	0.94	0.98	-0.19	-0.75	0.57	0.46	0.61	0.85	0.94	-0.61	-0.4	0.96	0.61		0.26	0.63	-0.67	0.54
Property Plant Equipment	0.41	-0.03	0.26	0.62	0.13	0.57	0.66	0.25	0.18	0.2	-0.68	-0.3	0.34	-0.41	0.51	0.38	0.25	-0.83	-0.42	0.27	0.54	0.26		0.77	-0.33	0.47
Non Current Assets Total	0.75	-0.11	0.64	0.8	-0.24	0.77	0.8	0.68	0.52	0.64	-0.4	-0.55	0.77	0.24	0.83	0.71	0.68	-0.8	-0.67	0.63	0.87	0.63	0.77		-0.47	0.84
Non Currrent Assets Other	-0.78	-0.51	-0.77	-0.8	0.59	-0.81	-0.78	-0.73	-0.81	-0.64	0.4	0.78	-0.49	-0.12	-0.57	-0.68	-0.73	0.76	0.55	-0.79	-0.55	-0.67	-0.33	-0.47		-0.51
Non Current Liabilities Total	0.69	-0.08	0.64	0.65	-0.34	0.61	0.65	0.7	0.51	0.59	-0.2	-0.55	0.99	0.45	0.95	0.8	0.68	-0.59	-0.93	0.62	0.99	0.54	0.47	0.84	-0.51

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Chongqing Changan Account Relationship Matchups

Chongqing Changan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	97.6B	120.9B	135.4B	146.0B	190.2B	132.7B
Other Current Liab	9.9B	11.3B	17.4B	16.2B	8.9B	12.1B
Total Current Liabilities	49.2B	62.6B	76.1B	79.9B	103.2B	70.8B
Total Stockholder Equity	44.0B	53.4B	55.7B	62.9B	71.9B	56.2B
Other Liab	4.4B	1.2B	2.8B	2.1B	1.8B	2.5B
Net Tangible Assets	38.8B	48.9B	51.3B	58.4B	67.2B	48.7B
Retained Earnings	33.7B	37.0B	38.9B	44.9B	49.6B	41.3B
Accounts Payable	32.3B	40.7B	47.9B	51.5B	75.7B	47.8B
Cash	10.1B	32.0B	52.0B	53.5B	64.9B	35.2B
Other Assets	2.4B	2.7B	3.0B	3.8B	4.4B	3.0B
Long Term Debt	912.7M	955.3M	600M	1.0B	1.1B	840.9M
Net Receivables	31.7B	2.1B	1.7B	3.1B	2.4B	2.3B
Inventory	3.4B	6.0B	6.9B	5.8B	13.5B	7.4B
Other Current Assets	2.1B	1.3B	4.5B	1.6B	9.7B	10.2B
Other Stockholder Equity	614.8M	685.6M	1.1B	2.2B	2.5B	2.6B
Total Liab	53.7B	67.4B	79.5B	83.1B	115.5B	76.2B
Deferred Long Term Liab	829.1M	607.2M	742.6M	749.6M	674.6M	681.1M
Total Current Assets	49.6B	72.9B	91.1B	102.1B	130.9B	81.9B
Intangible Assets	6.0B	5.5B	5.1B	5.2B	17.3B	18.2B
Property Plant Equipment	28.7B	25.3B	22.9B	20.8B	24.0B	25.3B
Non Current Assets Total	48.0B	48.0B	44.3B	44.0B	59.2B	51.9B
Non Currrent Assets Other	(4.7K)	50.3B	48.0B	450M	405M	384.8M
Non Current Liabilities Total	4.4B	4.8B	3.4B	3.2B	12.2B	12.9B
Short Long Term Debt	229.6M	578M	19M	29M	30.0M	28.5M
Net Invested Capital	44.3B	54.9B	56.4B	63.9B	73.0B	60.8B
Net Working Capital	373.4M	10.3B	15.0B	22.1B	27.7B	29.1B

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

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Chongqing Long Term Debt vs Intangible Assets Analysis

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Intangible Assets

Chongqing Changan fundamental ratios Correlations

Chongqing Changan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing Changan fundamental ratios Accounts

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Other Information on Investing in Chongqing Stock

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Accounts Payable

Non Current Liabilities Total	- 0.93	Long Term Investments
Intangible Assets	- 0.93	Long Term Investments
Long Term Investments	- 0.92	Good Will
Long Term Investments	- 0.91	Other Current Assets
Deferred Long Term Liab	- 0.87	Total Stockholder Equity
Deferred Long Term Liab	- 0.86	Retained Earnings