Contemporary Non Current Liabilities Other vs Accounts Payable Analysis

300750 Stock   254.70  5.20  2.00%   
Contemporary Amperex financial indicator trend analysis is way more than just evaluating Contemporary Amperex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contemporary Amperex is a good investment. Please check the relationship between Contemporary Amperex Non Current Liabilities Other and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contemporary Amperex Technology. 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 Other vs Accounts Payable

Non Current Liabilities Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contemporary Amperex Non Current Liabilities Other account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Contemporary Amperex's Non Current Liabilities Other and Accounts Payable is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Contemporary Amperex Technology, assuming nothing else is changed. The correlation between historical values of Contemporary Amperex's Non Current Liabilities Other and Accounts Payable 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 Other of Contemporary Amperex Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Other i.e., Contemporary Amperex's Non Current Liabilities Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Other

Accounts Payable

An accounting item on the balance sheet that represents Contemporary Amperex obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Contemporary Amperex are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Contemporary Amperex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contemporary Amperex 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 Contemporary Amperex Technology. 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 7.5 B. The current year's Selling General Administrative is expected to grow to about 21.3 B
 2021 2022 2023 2024 (projected)
Gross Profit34.3B66.5B91.8B96.4B
Total Revenue130.4B328.6B400.9B421.0B

Contemporary Amperex fundamental ratios Correlations

0.990.980.991.01.00.651.01.00.410.990.990.990.991.00.951.00.990.990.980.840.741.00.971.00.92
0.990.980.980.980.990.750.990.990.430.981.00.970.990.990.930.990.980.960.970.840.730.990.970.990.91
0.980.980.970.980.980.670.980.990.270.970.990.951.00.990.90.990.970.951.00.750.620.990.940.990.97
0.990.980.970.990.990.680.990.990.440.990.980.980.970.990.980.980.980.990.970.860.750.990.990.980.89
1.00.980.980.990.990.621.01.00.390.990.990.990.991.00.951.00.980.980.980.840.731.00.970.990.92
1.00.990.980.990.990.691.01.00.421.00.990.990.991.00.950.991.00.990.980.850.741.00.971.00.92
0.650.750.670.680.620.690.690.670.540.680.690.670.680.660.680.640.70.650.610.70.60.660.710.670.53
1.00.990.980.991.01.00.691.00.421.00.990.990.991.00.960.990.990.990.980.850.741.00.981.00.91
1.00.990.990.991.01.00.671.00.390.991.00.981.01.00.941.00.990.980.990.830.721.00.971.00.93
0.410.430.270.440.390.420.540.420.390.490.390.530.330.370.580.340.430.480.240.80.890.390.480.40.03
0.990.980.970.990.991.00.681.00.990.490.991.00.980.990.970.980.990.990.960.890.80.990.970.990.88
0.991.00.990.980.990.990.690.991.00.390.990.981.00.990.931.00.980.970.990.820.711.00.961.00.93
0.990.970.950.980.990.990.670.990.980.531.00.980.960.980.970.970.980.990.950.910.830.990.970.980.85
0.990.991.00.970.990.990.680.991.00.330.981.00.960.990.911.00.980.950.990.780.660.990.951.00.95
1.00.990.990.991.01.00.661.01.00.370.990.990.980.990.951.00.990.980.990.830.711.00.970.990.93
0.950.930.90.980.950.950.680.960.940.580.970.930.970.910.950.930.940.990.890.930.850.950.980.930.78
1.00.990.990.981.00.990.640.991.00.340.981.00.971.01.00.930.980.970.990.80.681.00.961.00.95
0.990.980.970.980.981.00.70.990.990.430.990.980.980.980.990.940.980.980.970.850.750.990.950.990.9
0.990.960.950.990.980.990.650.990.980.480.990.970.990.950.980.990.970.980.950.890.790.980.980.970.86
0.980.971.00.970.980.980.610.980.990.240.960.990.950.990.990.890.990.970.950.740.610.990.940.990.97
0.840.840.750.860.840.850.70.850.830.80.890.820.910.780.830.930.80.850.890.740.960.840.880.830.58
0.740.730.620.750.730.740.60.740.720.890.80.710.830.660.710.850.680.750.790.610.960.730.770.720.42
1.00.990.990.991.01.00.661.01.00.390.991.00.990.991.00.951.00.990.980.990.840.730.971.00.93
0.970.970.940.990.970.970.710.980.970.480.970.960.970.950.970.980.960.950.980.940.880.770.970.960.85
1.00.990.990.980.991.00.671.01.00.40.991.00.981.00.990.931.00.990.970.990.830.721.00.960.93
0.920.910.970.890.920.920.530.910.930.030.880.930.850.950.930.780.950.90.860.970.580.420.930.850.93
Click cells to compare fundamentals

Contemporary Amperex Account Relationship Matchups

Contemporary Amperex fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab6.2B10.8B26.3B48.4B55.6B58.4B
Net Tangible Assets35.7B61.5B79.5B154.2B177.4B186.2B
Retained Earnings14.8B19.8B35.3B64.5B103.2B108.4B
Other Assets4.7B8.9B28.0B36.9B42.5B44.6B
Other Stockholder Equity620.8M1.1B4.2B8.9B10.3B10.8B
Deferred Long Term Liab394.1M363.6M1.3B2.3B2.6B2.8B
Common Stock2.2B2.3B2.3B2.4B2.8B2.0B
Property Plant Equipment19.4B25.4B73.0B125.3B144.1B151.3B
Total Assets101.4B156.6B307.7B601.0B717.2B753.0B
Other Current Liab12.6B12.0B18.6B40.2B2.1B2.0B
Total Current Liabilities45.6B55.0B149.3B295.8B287.0B301.4B
Total Stockholder Equity38.1B64.2B84.5B164.5B197.7B207.6B
Accounts Payable28.1B31.3B107.2B220.8B194.6B204.3B
Cash32.3B68.4B89.1B191.0B264.3B277.5B
Non Current Assets Total29.7B43.8B129.9B213.2B267.4B280.7B
Non Currrent Assets Other2.2B5.0B20.6B25.1B21.1B22.2B
Long Term Debt7.4B20.5B38.0B78.3B102.7B107.8B
Net Receivables22.6B11.3B35.1B58.0B64.0B67.2B
Non Current Liabilities Total13.6B32.4B65.7B128.3B210.3B220.8B
Inventory11.5B13.2B40.2B76.7B45.4B27.3B
Other Current Assets3.6B3.3B12.0B28.3B8.3B8.2B
Total Liab59.2B87.4B215.0B424.0B497.3B522.1B
Short Long Term Debt2.1B6.3B12.1B14.4B15.2B15.9B
Total Current Assets71.7B112.9B177.7B387.7B449.8B472.3B
Non Current Liabilities Other5.3B6.8B13.2B26.6B83.0B87.1B
Intangible Assets2.3B2.5B4.5B9.5B15.7B16.5B
Common Stock Shares Outstanding2.2B2.3B2.3B2.4B4.4B2.8B
Net Invested Capital46.7B91.0B134.6B257.2B315.6B331.4B
Net Working Capital26.1B57.9B28.4B92.0B162.8B170.9B
Capital Stock2.2B2.3B2.3B2.4B4.4B2.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Contemporary Stock

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