Anshan Long Term Debt vs Other Current Assets Analysis

300210 Stock   9.69  0.06  0.62%   
Anshan Senyuan financial indicator trend analysis is way more than just evaluating Anshan Senyuan Road prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anshan Senyuan Road is a good investment. Please check the relationship between Anshan Senyuan Long Term Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anshan Senyuan Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anshan Senyuan Road Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anshan Senyuan's Long Term Debt and Other Current Assets is -0.12. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Anshan Senyuan Road, assuming nothing else is changed. The correlation between historical values of Anshan Senyuan's Long Term Debt and Other Current 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 Anshan Senyuan Road are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Anshan Senyuan's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Anshan Senyuan Road has held for over one year. Long-term debt appears on Anshan Senyuan Road 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 Anshan Senyuan Road 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Anshan Senyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anshan Senyuan Road 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 Anshan Senyuan Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 56 M, whereas Tax Provision is projected to grow to (302.8 K).
 2022 2023 2024 2025 (projected)
Gross Profit40.9M37.3M33.6M31.9M
Research Development19.2M17.2M19.8M20.6M

Anshan Senyuan fundamental ratios Correlations

0.050.920.930.280.610.770.280.820.020.860.840.450.920.710.580.750.050.230.410.540.720.360.520.22-0.21
0.050.060.020.330.060.03-0.160.08-0.110.120.260.430.070.030.130.210.35-0.16-0.01-0.02-0.02-0.070.02-0.07-0.04
0.920.060.710.390.330.570.00.74-0.060.670.890.381.00.760.810.83-0.02-0.080.70.780.890.10.78-0.07-0.5
0.930.020.710.130.770.820.510.760.030.90.670.440.710.540.290.570.10.470.110.280.480.550.230.440.08
0.280.330.390.13-0.240.27-0.230.14-0.260.050.380.470.420.30.610.74-0.13-0.560.490.430.22-0.540.47-0.56-0.55
0.610.060.330.77-0.240.660.580.710.220.850.350.260.330.27-0.160.090.540.85-0.39-0.20.070.88-0.250.860.59
0.770.030.570.820.270.660.280.720.260.840.540.350.610.530.160.560.060.41-0.020.140.240.420.040.380.18
0.28-0.160.00.51-0.230.580.280.22-0.180.41-0.06-0.03-0.01-0.21-0.35-0.10.190.63-0.4-0.36-0.130.64-0.370.590.55
0.820.080.740.760.140.710.720.220.330.80.810.490.760.530.390.510.320.430.160.240.510.560.260.5-0.01
0.02-0.11-0.060.03-0.260.220.26-0.180.330.240.01-0.120.00.26-0.11-0.150.070.29-0.23-0.32-0.20.27-0.30.360.17
0.860.120.670.90.050.850.840.410.80.240.580.340.690.60.240.520.320.540.00.170.360.620.110.550.23
0.840.260.890.670.380.350.54-0.060.810.010.580.540.890.670.720.710.06-0.040.570.640.810.150.670.02-0.46
0.450.430.380.440.470.260.35-0.030.49-0.120.340.540.390.080.290.480.090.060.140.240.310.090.260.1-0.2
0.920.071.00.710.420.330.61-0.010.760.00.690.890.390.780.810.84-0.02-0.080.690.760.860.10.76-0.07-0.5
0.710.030.760.540.30.270.53-0.210.530.260.60.670.080.780.690.67-0.03-0.130.50.550.57-0.030.54-0.13-0.39
0.580.130.810.290.61-0.160.16-0.350.39-0.110.240.720.290.810.690.83-0.11-0.570.910.860.79-0.410.92-0.54-0.84
0.750.210.830.570.740.090.56-0.10.51-0.150.520.710.480.840.670.83-0.09-0.380.660.690.61-0.280.69-0.36-0.57
0.050.35-0.020.1-0.130.540.060.190.320.070.320.060.09-0.02-0.03-0.11-0.090.38-0.38-0.28-0.20.4-0.240.510.45
0.23-0.16-0.080.47-0.560.850.410.630.430.290.54-0.040.06-0.08-0.13-0.57-0.380.38-0.67-0.51-0.210.96-0.560.970.8
0.41-0.010.70.110.49-0.39-0.02-0.40.16-0.230.00.570.140.690.50.910.66-0.38-0.670.930.83-0.510.97-0.67-0.93
0.54-0.020.780.280.43-0.20.14-0.360.24-0.320.170.640.240.760.550.860.69-0.28-0.510.930.9-0.380.97-0.53-0.8
0.72-0.020.890.480.220.070.24-0.130.51-0.20.360.810.310.860.570.790.61-0.2-0.210.830.9-0.010.9-0.22-0.67
0.36-0.070.10.55-0.540.880.420.640.560.270.620.150.090.1-0.03-0.41-0.280.40.96-0.51-0.38-0.01-0.40.960.68
0.520.020.780.230.47-0.250.04-0.370.26-0.30.110.670.260.760.540.920.69-0.24-0.560.970.970.9-0.4-0.57-0.88
0.22-0.07-0.070.44-0.560.860.380.590.50.360.550.020.1-0.07-0.13-0.54-0.360.510.97-0.67-0.53-0.220.96-0.570.79
-0.21-0.04-0.50.08-0.550.590.180.55-0.010.170.23-0.46-0.2-0.5-0.39-0.84-0.570.450.8-0.93-0.8-0.670.68-0.880.79
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Anshan Senyuan Account Relationship Matchups

Anshan Senyuan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.5B1.2B1.1B1.2B1.4B
Other Current Liab21.3M53.6M127.8M2.3M2.6M2.5M
Total Current Liabilities711.5M604.6M548.4M550.9M633.5M530.1M
Total Stockholder Equity996.7M813.3M569.2M454.8M523.1M817.3M
Other Liab46.8M74.1M72.3M72.0M82.8M51.3M
Retained Earnings312.7M129.4M(115.4M)(283.1M)(254.8M)(242.1M)
Accounts Payable172.2M107.8M103.9M95.8M110.1M147.8M
Cash143.1M87.8M46.7M141.8M127.6M162.8M
Other Assets170.9M142.6M99.2M25.5M29.3M27.8M
Net Receivables272.0M275.6M205.5M125.9M144.8M137.6M
Inventory358.6M297.0M272.5M155.8M179.2M230.3M
Other Current Assets35.2M61.0M29.4M15.0M17.3M29.6M
Total Liab785.5M677.0M620.4M619.8M712.8M603.8M
Intangible Assets81.8M77.6M71.6M66.7M76.7M62.8M
Property Plant Equipment308.7M303.6M336.0M312.6M359.5M257.8M
Net Tangible Assets787.4M916.4M737.0M497.6M447.9M737.7M
Other Stockholder Equity6.5M6.2M6.1M6.9M7.9M6.6M
Short Long Term Debt414.9M352.4M313.2M274.1M315.2M422.5M
Total Current Assets962.3M721.4M593.9M491.4M442.3M754.9M
Non Current Assets Total829.5M769.8M596.4M583.9M525.5M660.9M
Non Currrent Assets Other46.2M28.6M15.6M4.7M4.2M4.0M
Non Current Liabilities Total74.1M72.3M72.0M69.0M79.3M79.8M
Deferred Long Term Liab7.1M1.3M1.5M1.3M1.2M1.1M
Non Current Liabilities Other5.3M6.7M8.8M7.4M8.5M5.5M
Net Debt271.7M264.5M266.5M132.3M119.0M217.0M
Net Invested Capital1.4B1.2B882.4M728.9M656.0M1.1B
Net Working Capital250.9M116.8M45.5M(59.5M)(53.5M)(50.8M)
Property Plant And Equipment Net303.6M336.0M312.6M345.1M396.9M353.3M
Property Plant And Equipment Gross440.6M495.3M312.6M544.6M626.3M489.7M

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Other Information on Investing in Anshan Stock

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