Longshine Total Current Assets vs Other Liab Analysis

300682 Stock

11.53 0.67 5.49%

Longshine Technology financial indicator trend analysis is infinitely more than just investigating Longshine Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longshine Technology is a good investment. Please check the relationship between Longshine Technology Total Current Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longshine Technology Co. 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 Current Assets vs Other Liab

Total Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longshine Technology Total Current Assets account and Other Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Longshine Technology's Total Current Assets and Other Liab is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Longshine Technology Co, assuming nothing else is changed. The correlation between historical values of Longshine Technology's Total Current Assets and Other 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 Current Assets of Longshine Technology Co are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Assets i.e., Longshine Technology's Total Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Liab

Most indicators from Longshine Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longshine Technology 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 Longshine Technology Co. 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 (11.6 M). In addition to that, Selling General Administrative is expected to decline to about 450.9 M

	2022	2023	2024	2025 (projected)
Interest Income	44.4M	48.4M	55.7M	31.9M
Net Interest Income	10.5M	48.1M	55.4M	58.1M

Interest Income Net Interest Income

Longshine Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		-0.09	0.95	1.0	0.82	1.0	0.99	0.98	0.91	0.91	0.84	0.74	0.86	0.98	0.87	0.66	0.21	0.99	0.8	0.97	0.99	0.99	0.86	0.98	1.0	0.98
Other Current Liab	-0.09		-0.03	-0.11	-0.55	-0.06	-0.18	-0.1	0.24	-0.35	-0.44	0.02	0.1	0.04	0.03	0.4	0.57	-0.05	0.28	0.04	-0.12	-0.07	-0.49	-0.08	-0.13	-0.02
Total Current Liabilities	0.95	-0.03		0.94	0.8	0.96	0.95	0.99	0.89	0.87	0.84	0.91	0.86	0.9	0.8	0.81	0.45	0.96	0.8	0.98	0.93	0.94	0.84	0.92	0.94	0.92
Total Stockholder Equity	1.0	-0.11	0.94		0.82	1.0	0.99	0.97	0.9	0.92	0.84	0.73	0.86	0.98	0.84	0.64	0.18	0.97	0.8	0.96	0.99	0.99	0.86	0.99	1.0	0.98
Other Liab	0.82	-0.55	0.8	0.82		0.8	0.84	0.83	0.65	0.94	0.94	0.64	0.62	0.74	0.66	0.43	-0.05	0.8	0.5	0.77	0.83	0.78	0.99	0.81	0.83	0.79
Net Tangible Assets	1.0	-0.06	0.96	1.0	0.8		0.99	0.98	0.92	0.9	0.83	0.76	0.88	0.98	0.86	0.68	0.25	0.99	0.82	0.98	0.99	0.99	0.85	0.98	0.99	0.98
Retained Earnings	0.99	-0.18	0.95	0.99	0.84	0.99		0.98	0.87	0.92	0.87	0.74	0.84	0.95	0.86	0.61	0.18	0.98	0.76	0.96	0.99	0.99	0.89	0.96	0.99	0.97
Accounts Payable	0.98	-0.1	0.99	0.97	0.83	0.98	0.98		0.88	0.9	0.87	0.86	0.87	0.93	0.82	0.73	0.34	0.97	0.79	0.98	0.96	0.96	0.87	0.94	0.97	0.94
Cash	0.91	0.24	0.89	0.9	0.65	0.92	0.87	0.88		0.8	0.69	0.69	0.84	0.95	0.87	0.79	0.37	0.93	0.86	0.95	0.9	0.92	0.71	0.91	0.91	0.95
Non Current Assets Total	0.91	-0.35	0.87	0.92	0.94	0.9	0.92	0.9	0.8		0.91	0.68	0.77	0.88	0.75	0.58	0.07	0.89	0.7	0.88	0.9	0.9	0.96	0.93	0.93	0.9
Non Currrent Assets Other	0.84	-0.44	0.84	0.84	0.94	0.83	0.87	0.87	0.69	0.91		0.72	0.8	0.76	0.72	0.54	0.1	0.84	0.67	0.83	0.84	0.81	0.97	0.82	0.85	0.82
Other Assets	0.74	0.02	0.91	0.73	0.64	0.76	0.74	0.86	0.69	0.68	0.72		0.75	0.66	0.58	0.87	0.69	0.76	0.69	0.84	0.71	0.71	0.68	0.69	0.72	0.68
Net Receivables	0.86	0.1	0.86	0.86	0.62	0.88	0.84	0.87	0.84	0.77	0.8	0.75		0.87	0.75	0.79	0.42	0.85	0.97	0.9	0.83	0.85	0.7	0.85	0.85	0.88
Good Will	0.98	0.04	0.9	0.98	0.74	0.98	0.95	0.93	0.95	0.88	0.76	0.66	0.87		0.85	0.67	0.19	0.96	0.85	0.95	0.97	0.97	0.79	0.99	0.98	0.99
Non Current Liabilities Total	0.87	0.03	0.8	0.84	0.66	0.86	0.86	0.82	0.87	0.75	0.72	0.58	0.75	0.85		0.56	0.27	0.93	0.7	0.87	0.87	0.9	0.74	0.8	0.87	0.91
Inventory	0.66	0.4	0.81	0.64	0.43	0.68	0.61	0.73	0.79	0.58	0.54	0.87	0.79	0.67	0.56		0.79	0.68	0.83	0.8	0.62	0.64	0.49	0.66	0.64	0.67
Other Current Assets	0.21	0.57	0.45	0.18	-0.05	0.25	0.18	0.34	0.37	0.07	0.1	0.69	0.42	0.19	0.27	0.79		0.28	0.47	0.41	0.15	0.23	0.03	0.15	0.17	0.21
Total Liab	0.99	-0.05	0.96	0.97	0.8	0.99	0.98	0.97	0.93	0.89	0.84	0.76	0.85	0.96	0.93	0.68	0.28		0.79	0.98	0.98	0.99	0.86	0.95	0.98	0.98
Deferred Long Term Liab	0.8	0.28	0.8	0.8	0.5	0.82	0.76	0.79	0.86	0.7	0.67	0.69	0.97	0.85	0.7	0.83	0.47	0.79		0.86	0.77	0.8	0.59	0.82	0.79	0.84
Total Current Assets	0.97	0.04	0.98	0.96	0.77	0.98	0.96	0.98	0.95	0.88	0.83	0.84	0.9	0.95	0.87	0.8	0.41	0.98	0.86		0.96	0.97	0.83	0.95	0.97	0.97
Intangible Assets	0.99	-0.12	0.93	0.99	0.83	0.99	0.99	0.96	0.9	0.9	0.84	0.71	0.83	0.97	0.87	0.62	0.15	0.98	0.77	0.96		0.98	0.87	0.97	0.99	0.98
Common Stock	0.99	-0.07	0.94	0.99	0.78	0.99	0.99	0.96	0.92	0.9	0.81	0.71	0.85	0.97	0.9	0.64	0.23	0.99	0.8	0.97	0.98		0.84	0.97	0.99	0.98
Property Plant Equipment	0.86	-0.49	0.84	0.86	0.99	0.85	0.89	0.87	0.71	0.96	0.97	0.68	0.7	0.79	0.74	0.49	0.03	0.86	0.59	0.83	0.87	0.84		0.85	0.88	0.84
Common Stock Shares Outstanding	0.98	-0.08	0.92	0.99	0.81	0.98	0.96	0.94	0.91	0.93	0.82	0.69	0.85	0.99	0.8	0.66	0.15	0.95	0.82	0.95	0.97	0.97	0.85		0.98	0.97
Net Invested Capital	1.0	-0.13	0.94	1.0	0.83	0.99	0.99	0.97	0.91	0.93	0.85	0.72	0.85	0.98	0.87	0.64	0.17	0.98	0.79	0.97	0.99	0.99	0.88	0.98		0.99
Net Working Capital	0.98	-0.02	0.92	0.98	0.79	0.98	0.97	0.94	0.95	0.9	0.82	0.68	0.88	0.99	0.91	0.67	0.21	0.98	0.84	0.97	0.98	0.98	0.84	0.97	0.99

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Longshine Technology Account Relationship Matchups

Longshine Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.7B	8.8B	9.8B	10.0B	11.5B	6.5B
Other Current Liab	412.2M	311.9M	258.6M	91.6M	82.4M	78.3M
Total Current Liabilities	1.5B	1.6B	2.0B	1.9B	2.2B	1.4B
Total Stockholder Equity	5.5B	6.4B	6.8B	7.6B	8.8B	4.7B
Other Liab	36.2M	34.0M	60.0M	119.7M	137.6M	144.5M
Net Tangible Assets	3.4B	4.2B	5.0B	5.3B	6.1B	3.4B
Retained Earnings	2.2B	3.0B	3.4B	3.6B	4.1B	2.1B
Accounts Payable	596.6M	819.8M	947.7M	997.3M	1.1B	599.9M
Cash	2.2B	2.0B	2.4B	1.5B	1.8B	1.6B
Non Current Assets Total	2.3B	2.6B	2.9B	3.9B	4.5B	4.8B
Non Currrent Assets Other	170.0M	111.4M	4M	798.9M	918.7M	964.6M
Other Assets	76.8M	77.8M	122.5M	148.9M	171.2M	104.9M
Net Receivables	1.6B	3.8B	2.0B	2.2B	2.5B	2.0B
Good Will	1.2B	1.3B	1.3B	1.3B	1.5B	897.6M
Non Current Liabilities Total	701.9M	714.4M	873.1M	420.6M	483.7M	386.4M
Inventory	269.3M	300.2M	275.1M	202.6M	233.0M	261.2M
Other Current Assets	191.9M	176.5M	109.9M	46.1M	53.1M	50.4M
Total Liab	2.2B	2.3B	2.9B	2.3B	2.7B	1.7B
Deferred Long Term Liab	46.8M	35.0M	67.1M	31.5M	36.3M	34.8M
Total Current Assets	5.5B	6.3B	6.8B	6.0B	7.0B	4.8B
Intangible Assets	80.9M	101.4M	132.3M	116.2M	133.6M	75.1M
Common Stock	680.3M	1.0B	1.0B	1.1B	1.2B	787.9M
Property Plant Equipment	52.6M	149.7M	359.9M	603.2M	693.7M	728.4M
Common Stock Shares Outstanding	1.0B	1.0B	1.1B	1.1B	1.3B	1.0B
Net Invested Capital	6.2B	7.1B	7.9B	7.9B	9.1B	5.7B
Net Working Capital	4.0B	4.6B	4.9B	4.1B	4.7B	3.6B
Short Long Term Debt	27.3M	14.0M	326.5M	6.9M	7.9M	7.5M
Capital Stock	1.0B	1.0B	1.1B	1.1B	1.3B	977.9M
Non Current Liabilities Other	9.6M	13.1M	17.6M	6.1M	5.5M	5.2M
Property Plant And Equipment Net	149.7M	359.9M	603.2M	793.7M	912.7M	958.3M
Property Plant And Equipment Gross	233.7M	476.5M	603.2M	793.7M	912.7M	489.9M

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Other Information on Investing in Longshine Stock

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

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Longshine Total Current Assets vs Other Liab Analysis

Total Current Assets vs Other Liab

Total Current Assets vs Other Liab Correlation Analysis

Correlation Coefficient

Total Current Assets

Other Liab

Longshine Technology fundamental ratios Correlations

Longshine Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Longshine Technology fundamental ratios Accounts

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Other Information on Investing in Longshine Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets

Other Liab	- 0.55	Other Current Liab
Property Plant Equipment	- 0.49	Other Current Liab
Non Currrent Assets Other	- 0.44	Other Current Liab
Non Current Assets Total	- 0.35	Other Current Liab
Retained Earnings	- 0.18	Other Current Liab
Net Invested Capital	- 0.13	Other Current Liab