Ningbo Deferred Long Term Liab vs Non Currrent Assets Other Analysis

300839 Stock   7.29  0.11  1.53%   
Ningbo Bohui financial indicator trend analysis is infinitely more than just investigating Ningbo Bohui Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Bohui Chemical is a good investment. Please check the relationship between Ningbo Bohui Deferred Long Term Liab and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Bohui Chemical. 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.

Deferred Long Term Liab vs Non Currrent Assets Other

Deferred Long Term Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Bohui Chemical Deferred Long Term Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ningbo Bohui's Deferred Long Term Liab and Non Currrent Assets Other is -0.5. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ningbo Bohui Chemical, assuming nothing else is changed. The correlation between historical values of Ningbo Bohui's Deferred Long Term Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Ningbo Bohui Chemical are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Deferred Long Term Liab i.e., Ningbo Bohui's Deferred Long Term Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Ningbo Bohui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Bohui Chemical 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 Ningbo Bohui Chemical. 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 Selling General Administrative is expected to grow to about 31.9 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit342.2M244.5M281.2M205.5M
Total Revenue3.0B2.8B3.2B3.4B

Ningbo Bohui fundamental ratios Correlations

0.190.910.950.980.760.850.670.98-0.61-0.38-0.780.920.650.920.840.970.970.740.940.980.790.990.130.860.88
0.190.00.350.160.56-0.11-0.410.22-0.2-0.3-0.070.040.66-0.020.210.240.130.260.090.22-0.240.22-0.010.47-0.06
0.910.00.850.880.650.910.870.89-0.62-0.35-0.810.980.570.990.760.90.90.680.870.870.950.920.10.80.83
0.950.350.850.960.860.760.520.96-0.56-0.34-0.820.870.780.850.880.940.90.770.850.950.690.970.140.920.74
0.980.160.880.960.70.790.650.95-0.58-0.33-0.840.890.620.880.910.970.970.70.950.960.780.980.170.820.82
0.760.560.650.860.70.630.230.8-0.41-0.3-0.50.70.830.670.560.710.660.80.560.770.430.80.110.930.58
0.85-0.110.910.760.790.630.790.87-0.71-0.49-0.60.880.490.950.570.740.770.740.720.860.850.84-0.10.740.9
0.67-0.410.870.520.650.230.790.59-0.52-0.26-0.650.850.120.860.520.650.730.420.740.590.970.650.20.430.74
0.980.220.890.960.950.80.870.59-0.63-0.41-0.730.870.710.890.810.920.90.80.861.00.730.97-0.030.880.84
-0.61-0.2-0.62-0.56-0.58-0.41-0.71-0.52-0.630.940.5-0.59-0.47-0.64-0.5-0.51-0.55-0.52-0.51-0.65-0.56-0.590.09-0.58-0.67
-0.38-0.3-0.35-0.34-0.33-0.3-0.49-0.26-0.410.940.23-0.33-0.39-0.38-0.26-0.27-0.31-0.37-0.27-0.44-0.28-0.360.11-0.43-0.51
-0.78-0.07-0.81-0.82-0.84-0.5-0.6-0.65-0.730.50.23-0.79-0.62-0.76-0.95-0.84-0.79-0.37-0.79-0.74-0.76-0.81-0.27-0.7-0.55
0.920.040.980.870.890.70.880.850.87-0.59-0.33-0.790.550.980.740.90.930.70.890.860.940.930.260.820.85
0.650.660.570.780.620.830.490.120.71-0.47-0.39-0.620.550.550.650.680.550.450.480.710.310.7-0.040.890.42
0.92-0.020.990.850.880.670.950.860.89-0.64-0.38-0.760.980.550.710.880.890.70.860.880.940.920.110.810.88
0.840.210.760.880.910.560.570.520.81-0.5-0.26-0.950.740.650.710.890.820.480.830.820.660.850.170.70.55
0.970.240.90.940.970.710.740.650.92-0.51-0.27-0.840.90.680.880.890.980.630.970.930.780.970.230.850.79
0.970.130.90.90.970.660.770.730.9-0.55-0.31-0.790.930.550.890.820.980.640.990.910.820.960.320.80.87
0.740.260.680.770.70.80.740.420.8-0.52-0.37-0.370.70.450.70.480.630.640.580.760.550.74-0.120.680.63
0.940.090.870.850.950.560.720.740.86-0.51-0.27-0.790.890.480.860.830.970.990.580.870.820.920.310.720.83
0.980.220.870.950.960.770.860.591.0-0.65-0.44-0.740.860.710.880.820.930.910.760.870.720.97-0.020.870.85
0.79-0.240.950.690.780.430.850.970.73-0.56-0.28-0.760.940.310.940.660.780.820.550.820.720.790.20.60.78
0.990.220.920.970.980.80.840.650.97-0.59-0.36-0.810.930.70.920.850.970.960.740.920.970.790.180.90.86
0.13-0.010.10.140.170.11-0.10.2-0.030.090.11-0.270.26-0.040.110.170.230.32-0.120.31-0.020.20.180.190.2
0.860.470.80.920.820.930.740.430.88-0.58-0.43-0.70.820.890.810.70.850.80.680.720.870.60.90.190.73
0.88-0.060.830.740.820.580.90.740.84-0.67-0.51-0.550.850.420.880.550.790.870.630.830.850.780.860.20.73
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Ningbo Bohui Account Relationship Matchups

Ningbo Bohui fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B1.7B2.3B2.1B2.4B1.4B
Other Current Liab22.4M48.8M48.6M6.0M6.9M6.6M
Total Current Liabilities393.1M694.9M806.8M901.1M1.0B1.1B
Total Stockholder Equity834.5M866.3M1.0B728.9M838.2M656.4M
Net Tangible Assets340.6M747.4M769.2M919.2M1.1B549.0M
Retained Earnings298.0M317.6M458.6M172.3M198.1M271.0M
Accounts Payable92.0M69.1M94.1M140.9M162.0M170.1M
Cash49.6M93.2M232.5M556.9M640.4M672.5M
Non Current Assets Total913.1M1.0B1.1B1.0B1.2B725.1M
Non Currrent Assets Other261.8K18.1M11.4M395.9K356.3K338.5K
Other Assets2.1M10.3M31.4M19.2M17.3M18.8M
Net Receivables463.4K616.8K1.1M1.0M903.0K857.9K
Non Current Liabilities Total243.8M162.6M461.8M481.2M553.4M581.1M
Inventory154.1M213.4M392.6M344.7M396.4M416.3M
Other Current Assets79.2M109.0M110.8M35.6M41.0M62.5M
Total Liab636.9M857.5M1.3B1.4B1.6B1.7B
Deferred Long Term Liab729.4K5.0M5.2M4.4M5.1M3.2M
Short Long Term Debt264.8M470.3M600.0M489.5M562.9M284.4M
Total Current Assets558.3M711.3M1.2B1.1B1.2B644.0M
Intangible Assets87.2M84.9M82.7M79.7M91.6M85.1M
Property Plant Equipment665.6M805.7M871.5M944.5M1.1B547.5M
Common Stock Shares Outstanding104M135.2M175.8M245.5M282.3M296.4M
Net Invested Capital1.3B1.4B2.0B1.6B1.9B1.3B
Net Working Capital165.3M16.4M404.2M182.2M209.6M178.1M
Net Debt439.9M473.5M761.1M338.0M388.7M463.9M
Long Term Debt224.7M96.4M393.6M405.4M466.3M283.2M
Capital Stock104M135.2M175.8M245.5M282.3M149.7M
Property Plant And Equipment Net805.7M885.8M944.5M920.1M1.1B928.8M
Property Plant And Equipment Gross854.6M979.0M944.5M1.2B1.3B1.0B

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Other Information on Investing in Ningbo Stock

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