Contemporary Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.
Total Current Liabilities vs Other Stockholder Equity
Total Current Liabilities vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contemporary Amperex Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Contemporary Amperex's Total Current Liabilities and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity 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 Liabilities of Contemporary Amperex Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Contemporary Amperex's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Contemporary Amperex balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Contemporary Amperex Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Stockholder Equity
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 Profit | 34.3B | 66.5B | 91.8B | 96.4B | Total Revenue | 130.4B | 328.6B | 400.9B | 421.0B |
Contemporary Amperex fundamental ratios Correlations
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Contemporary Amperex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Contemporary Amperex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Liab | 6.2B | 10.8B | 26.3B | 48.4B | 55.6B | 58.4B | |
Net Tangible Assets | 35.7B | 61.5B | 79.5B | 154.2B | 177.4B | 186.2B | |
Retained Earnings | 14.8B | 19.8B | 35.3B | 64.5B | 103.2B | 108.4B | |
Other Assets | 4.7B | 8.9B | 28.0B | 36.9B | 42.5B | 44.6B | |
Other Stockholder Equity | 620.8M | 1.1B | 4.2B | 8.9B | 10.3B | 10.8B | |
Deferred Long Term Liab | 394.1M | 363.6M | 1.3B | 2.3B | 2.6B | 2.8B | |
Common Stock | 2.2B | 2.3B | 2.3B | 2.4B | 2.8B | 2.0B | |
Property Plant Equipment | 19.4B | 25.4B | 73.0B | 125.3B | 144.1B | 151.3B | |
Total Assets | 101.4B | 156.6B | 307.7B | 601.0B | 717.2B | 753.0B | |
Other Current Liab | 12.6B | 12.0B | 18.6B | 40.2B | 2.1B | 2.0B | |
Total Current Liabilities | 45.6B | 55.0B | 149.3B | 295.8B | 287.0B | 301.4B | |
Total Stockholder Equity | 38.1B | 64.2B | 84.5B | 164.5B | 197.7B | 207.6B | |
Accounts Payable | 28.1B | 31.3B | 107.2B | 220.8B | 194.6B | 204.3B | |
Cash | 32.3B | 68.4B | 89.1B | 191.0B | 264.3B | 277.5B | |
Non Current Assets Total | 29.7B | 43.8B | 129.9B | 213.2B | 267.4B | 280.7B | |
Non Currrent Assets Other | 2.2B | 5.0B | 20.6B | 25.1B | 21.1B | 22.2B | |
Long Term Debt | 7.4B | 20.5B | 38.0B | 78.3B | 102.7B | 107.8B | |
Net Receivables | 22.6B | 11.3B | 35.1B | 58.0B | 64.0B | 67.2B | |
Non Current Liabilities Total | 13.6B | 32.4B | 65.7B | 128.3B | 210.3B | 220.8B | |
Inventory | 11.5B | 13.2B | 40.2B | 76.7B | 45.4B | 27.3B | |
Other Current Assets | 3.6B | 3.3B | 12.0B | 28.3B | 8.3B | 8.2B | |
Total Liab | 59.2B | 87.4B | 215.0B | 424.0B | 497.3B | 522.1B | |
Short Long Term Debt | 2.1B | 6.3B | 12.1B | 14.4B | 15.2B | 15.9B | |
Total Current Assets | 71.7B | 112.9B | 177.7B | 387.7B | 449.8B | 472.3B | |
Non Current Liabilities Other | 5.3B | 6.8B | 13.2B | 26.6B | 83.0B | 87.1B | |
Intangible Assets | 2.3B | 2.5B | 4.5B | 9.5B | 15.7B | 16.5B | |
Common Stock Shares Outstanding | 2.2B | 2.3B | 2.3B | 2.4B | 4.4B | 2.8B | |
Net Invested Capital | 46.7B | 91.0B | 134.6B | 257.2B | 315.6B | 331.4B | |
Net Working Capital | 26.1B | 57.9B | 28.4B | 92.0B | 162.8B | 170.9B | |
Capital Stock | 2.2B | 2.3B | 2.3B | 2.4B | 4.4B | 2.9B |
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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.