Changsha Non Current Liabilities Total vs Inventory Analysis

300700 Stock   8.37  0.10  1.21%   
Changsha DIALINE financial indicator trend analysis is way more than just evaluating Changsha DIALINE New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha DIALINE New is a good investment. Please check the relationship between Changsha DIALINE Non Current Liabilities Total and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha DIALINE New. 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.

Non Current Liabilities Total vs Inventory

Non Current Liabilities Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changsha DIALINE New Non Current Liabilities Total account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Changsha DIALINE's Non Current Liabilities Total and Inventory is 0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Inventory in the same time period over historical financial statements of Changsha DIALINE New, assuming nothing else is changed. The correlation between historical values of Changsha DIALINE's Non Current Liabilities Total and Inventory 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 Changsha DIALINE New are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Current Liabilities Total i.e., Changsha DIALINE's Non Current Liabilities Total and Inventory go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Inventory

Most indicators from Changsha DIALINE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha DIALINE New 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 Changsha DIALINE New. 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 Tax Provision is expected to grow to about 11.1 M. The current year's Selling General Administrative is expected to grow to about 67.2 M
 2021 2022 2023 2024 (projected)
Gross Profit37.4M227.1M308.5M323.9M
Total Revenue270.7M642.7M848.1M442.3M

Changsha DIALINE fundamental ratios Correlations

0.870.940.980.840.980.830.910.750.970.640.670.520.670.610.950.640.970.870.70.98-0.40.870.890.960.96
0.870.850.830.990.840.610.920.50.870.550.640.490.590.560.870.450.870.90.550.83-0.460.660.690.870.86
0.940.850.870.790.940.720.890.690.940.640.760.370.630.430.880.690.980.830.810.91-0.430.910.90.960.95
0.980.830.870.820.960.860.890.750.940.540.530.480.650.590.920.620.90.870.590.97-0.40.790.820.930.9
0.840.990.790.820.790.580.890.450.840.510.570.420.530.510.840.430.810.90.450.79-0.50.580.630.840.81
0.980.840.940.960.790.880.90.790.930.530.60.490.720.570.920.610.960.880.770.98-0.370.890.90.940.93
0.830.610.720.860.580.880.620.90.720.30.310.480.740.540.740.540.750.80.740.89-0.20.830.850.70.7
0.910.920.890.890.890.90.620.470.920.50.60.350.520.440.920.470.890.820.520.86-0.510.670.670.960.93
0.750.50.690.750.450.790.90.470.610.340.340.40.810.450.550.770.710.740.770.85-0.040.840.870.640.58
0.970.870.940.940.840.930.720.920.610.730.770.520.510.610.980.560.960.790.650.9-0.480.840.840.960.99
0.640.550.640.540.510.530.30.50.340.730.950.650.190.670.660.430.720.350.470.52-0.250.650.670.60.71
0.670.640.760.530.570.60.310.60.340.770.950.590.260.590.710.430.80.430.610.56-0.30.720.720.670.79
0.520.490.370.480.420.490.480.350.40.520.650.590.40.990.580.030.540.340.380.50.090.490.530.320.5
0.670.590.630.650.530.720.740.520.810.510.190.260.40.440.530.490.650.710.690.770.270.660.70.570.51
0.610.560.430.590.510.570.540.440.450.610.670.590.990.440.660.10.60.430.370.590.020.520.570.420.57
0.950.870.880.920.840.920.740.920.550.980.660.710.580.530.660.390.930.760.620.88-0.410.790.790.90.97
0.640.450.690.620.430.610.540.470.770.560.430.430.030.490.10.390.630.660.550.69-0.340.680.70.690.52
0.970.870.980.90.810.960.750.890.710.960.720.80.540.650.60.930.630.830.80.93-0.380.920.920.940.97
0.870.90.830.870.90.880.80.820.740.790.350.430.340.710.430.760.660.830.630.9-0.460.720.770.850.76
0.70.550.810.590.450.770.740.520.770.650.470.610.380.690.370.620.550.80.630.72-0.130.940.910.630.7
0.980.830.910.970.790.980.890.860.850.90.520.560.50.770.590.880.690.930.90.72-0.310.860.890.920.88
-0.4-0.46-0.43-0.4-0.5-0.37-0.2-0.51-0.04-0.48-0.25-0.30.090.270.02-0.41-0.34-0.38-0.46-0.13-0.31-0.26-0.25-0.51-0.48
0.870.660.910.790.580.890.830.670.840.840.650.720.490.660.520.790.680.920.720.940.86-0.260.990.80.85
0.890.690.90.820.630.90.850.670.870.840.670.720.530.70.570.790.70.920.770.910.89-0.250.990.80.84
0.960.870.960.930.840.940.70.960.640.960.60.670.320.570.420.90.690.940.850.630.92-0.510.80.80.95
0.960.860.950.90.810.930.70.930.580.990.710.790.50.510.570.970.520.970.760.70.88-0.480.850.840.95
Click cells to compare fundamentals

Changsha DIALINE Account Relationship Matchups

Changsha DIALINE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.5B2.2B1.3B
Other Current Liab59.1M56.0M49.3M133.1M132.2M138.9M
Total Current Liabilities430.4M390.6M597.0M702.0M685.5M512.0M
Total Stockholder Equity531.9M533.5M455.4M754.5M1.3B669.4M
Other Liab2.6M2.6M2.7M4.9M5.6M5.9M
Net Tangible Assets491.4M494.2M417.2M717.4M825.0M523.7M
Retained Earnings167.3M168.8M90.7M181.6M254.8M191.9M
Accounts Payable101.9M106.0M125.3M215.4M219.9M135.6M
Cash190.8M99.2M85.2M120.2M278.1M183.6M
Non Current Assets Total529.8M627.2M641.2M734.7M1.0B632.1M
Non Currrent Assets Other19.9M24.9M27.9M4.0M21.3M14.8M
Other Assets42.4M51.6M61.5M29.7M34.2M32.6M
Long Term Debt178.8M210.2M41.5M72.5M141.6M114.2M
Net Receivables289.5M123.5M130.6M240.7M233.6M218.7M
Non Current Liabilities Total181.4M212.8M44.2M77.4M179.1M121.7M
Inventory128.4M142.7M105.9M167.4M216.9M135.0M
Other Current Assets5.1M3.3M21.6M8.4M19.5M12.7M
Total Liab611.8M603.4M641.2M779.5M864.6M633.7M
Short Long Term Debt260M215.2M212.9M280.3M147.2M236.1M
Total Current Assets613.9M509.7M454.1M797.2M1.1B672.4M
Non Current Liabilities Other44.9M178.8M205.4K626.1K563.5K535.3K
Intangible Assets40.4M39.3M38.2M37.1M45.8M41.2M
Common Stock82.4M82.4M107.1M121.5M139.8M97.4M
Property Plant Equipment447.0M536.4M540.0M666.4M766.4M485.8M
Common Stock Shares Outstanding107.1M107.1M107.1M121.5M278.8M147.1M
Net Invested Capital970.7M958.9M709.8M1.1B1.6B1.1B
Net Working Capital183.5M119.1M(142.9M)95.1M440.4M462.4M
Net Debt248.0M326.3M169.1M232.7M10.6M10.1M
Capital Stock82.4M82.4M107.1M121.5M278.8M292.7M

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Other Information on Investing in Changsha Stock

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