Ningbo Short Long Term Debt vs Net Tangible Assets 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 Short Long Term Debt and its Net Tangible Assets 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.

Short Long Term Debt vs Net Tangible Assets

Short Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Bohui Chemical Short Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ningbo Bohui's Short Long Term Debt and Net Tangible Assets is 0.97. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Short Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Ningbo Bohui Chemical are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Long Term Debt i.e., Ningbo Bohui's Short Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Profit	342.2M	244.5M	281.2M	205.5M
Total Revenue	3.0B	2.8B	3.2B	3.4B

Gross Profit Total Revenue

Ningbo Bohui fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Debt	Long Term Debt
Total Assets		0.19	0.91	0.95	0.98	0.76	0.85	0.67	0.98	-0.61	-0.38	-0.78	0.92	0.65	0.92	0.84	0.97	0.97	0.74	0.94	0.98	0.79	0.99	0.13	0.86	0.88
Other Current Liab	0.19		0.0	0.35	0.16	0.56	-0.11	-0.41	0.22	-0.2	-0.3	-0.07	0.04	0.66	-0.02	0.21	0.24	0.13	0.26	0.09	0.22	-0.24	0.22	-0.01	0.47	-0.06
Total Current Liabilities	0.91	0.0		0.85	0.88	0.65	0.91	0.87	0.89	-0.62	-0.35	-0.81	0.98	0.57	0.99	0.76	0.9	0.9	0.68	0.87	0.87	0.95	0.92	0.1	0.8	0.83
Total Stockholder Equity	0.95	0.35	0.85		0.96	0.86	0.76	0.52	0.96	-0.56	-0.34	-0.82	0.87	0.78	0.85	0.88	0.94	0.9	0.77	0.85	0.95	0.69	0.97	0.14	0.92	0.74
Net Tangible Assets	0.98	0.16	0.88	0.96		0.7	0.79	0.65	0.95	-0.58	-0.33	-0.84	0.89	0.62	0.88	0.91	0.97	0.97	0.7	0.95	0.96	0.78	0.98	0.17	0.82	0.82
Retained Earnings	0.76	0.56	0.65	0.86	0.7		0.63	0.23	0.8	-0.41	-0.3	-0.5	0.7	0.83	0.67	0.56	0.71	0.66	0.8	0.56	0.77	0.43	0.8	0.11	0.93	0.58
Accounts Payable	0.85	-0.11	0.91	0.76	0.79	0.63		0.79	0.87	-0.71	-0.49	-0.6	0.88	0.49	0.95	0.57	0.74	0.77	0.74	0.72	0.86	0.85	0.84	-0.1	0.74	0.9
Cash	0.67	-0.41	0.87	0.52	0.65	0.23	0.79		0.59	-0.52	-0.26	-0.65	0.85	0.12	0.86	0.52	0.65	0.73	0.42	0.74	0.59	0.97	0.65	0.2	0.43	0.74
Non Current Assets Total	0.98	0.22	0.89	0.96	0.95	0.8	0.87	0.59		-0.63	-0.41	-0.73	0.87	0.71	0.89	0.81	0.92	0.9	0.8	0.86	1.0	0.73	0.97	-0.03	0.88	0.84
Non Currrent Assets Other	-0.61	-0.2	-0.62	-0.56	-0.58	-0.41	-0.71	-0.52	-0.63		0.94	0.5	-0.59	-0.47	-0.64	-0.5	-0.51	-0.55	-0.52	-0.51	-0.65	-0.56	-0.59	0.09	-0.58	-0.67
Other Assets	-0.38	-0.3	-0.35	-0.34	-0.33	-0.3	-0.49	-0.26	-0.41	0.94		0.23	-0.33	-0.39	-0.38	-0.26	-0.27	-0.31	-0.37	-0.27	-0.44	-0.28	-0.36	0.11	-0.43	-0.51
Net Receivables	-0.78	-0.07	-0.81	-0.82	-0.84	-0.5	-0.6	-0.65	-0.73	0.5	0.23		-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
Inventory	0.92	0.04	0.98	0.87	0.89	0.7	0.88	0.85	0.87	-0.59	-0.33	-0.79		0.55	0.98	0.74	0.9	0.93	0.7	0.89	0.86	0.94	0.93	0.26	0.82	0.85
Other Current Assets	0.65	0.66	0.57	0.78	0.62	0.83	0.49	0.12	0.71	-0.47	-0.39	-0.62	0.55		0.55	0.65	0.68	0.55	0.45	0.48	0.71	0.31	0.7	-0.04	0.89	0.42
Total Liab	0.92	-0.02	0.99	0.85	0.88	0.67	0.95	0.86	0.89	-0.64	-0.38	-0.76	0.98	0.55		0.71	0.88	0.89	0.7	0.86	0.88	0.94	0.92	0.11	0.81	0.88
Deferred Long Term Liab	0.84	0.21	0.76	0.88	0.91	0.56	0.57	0.52	0.81	-0.5	-0.26	-0.95	0.74	0.65	0.71		0.89	0.82	0.48	0.83	0.82	0.66	0.85	0.17	0.7	0.55
Short Long Term Debt	0.97	0.24	0.9	0.94	0.97	0.71	0.74	0.65	0.92	-0.51	-0.27	-0.84	0.9	0.68	0.88	0.89		0.98	0.63	0.97	0.93	0.78	0.97	0.23	0.85	0.79
Total Current Assets	0.97	0.13	0.9	0.9	0.97	0.66	0.77	0.73	0.9	-0.55	-0.31	-0.79	0.93	0.55	0.89	0.82	0.98		0.64	0.99	0.91	0.82	0.96	0.32	0.8	0.87
Intangible Assets	0.74	0.26	0.68	0.77	0.7	0.8	0.74	0.42	0.8	-0.52	-0.37	-0.37	0.7	0.45	0.7	0.48	0.63	0.64		0.58	0.76	0.55	0.74	-0.12	0.68	0.63
Common Stock	0.94	0.09	0.87	0.85	0.95	0.56	0.72	0.74	0.86	-0.51	-0.27	-0.79	0.89	0.48	0.86	0.83	0.97	0.99	0.58		0.87	0.82	0.92	0.31	0.72	0.83
Property Plant Equipment	0.98	0.22	0.87	0.95	0.96	0.77	0.86	0.59	1.0	-0.65	-0.44	-0.74	0.86	0.71	0.88	0.82	0.93	0.91	0.76	0.87		0.72	0.97	-0.02	0.87	0.85
Common Stock Shares Outstanding	0.79	-0.24	0.95	0.69	0.78	0.43	0.85	0.97	0.73	-0.56	-0.28	-0.76	0.94	0.31	0.94	0.66	0.78	0.82	0.55	0.82	0.72		0.79	0.2	0.6	0.78
Net Invested Capital	0.99	0.22	0.92	0.97	0.98	0.8	0.84	0.65	0.97	-0.59	-0.36	-0.81	0.93	0.7	0.92	0.85	0.97	0.96	0.74	0.92	0.97	0.79		0.18	0.9	0.86
Net Working Capital	0.13	-0.01	0.1	0.14	0.17	0.11	-0.1	0.2	-0.03	0.09	0.11	-0.27	0.26	-0.04	0.11	0.17	0.23	0.32	-0.12	0.31	-0.02	0.2	0.18		0.19	0.2
Net Debt	0.86	0.47	0.8	0.92	0.82	0.93	0.74	0.43	0.88	-0.58	-0.43	-0.7	0.82	0.89	0.81	0.7	0.85	0.8	0.68	0.72	0.87	0.6	0.9	0.19		0.73
Long Term Debt	0.88	-0.06	0.83	0.74	0.82	0.58	0.9	0.74	0.84	-0.67	-0.51	-0.55	0.85	0.42	0.88	0.55	0.79	0.87	0.63	0.83	0.85	0.78	0.86	0.2	0.73

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Ningbo Bohui Account Relationship Matchups

Ningbo Bohui fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.5B	1.7B	2.3B	2.1B	2.4B	1.4B
Other Current Liab	22.4M	48.8M	48.6M	6.0M	6.9M	6.6M
Total Current Liabilities	393.1M	694.9M	806.8M	901.1M	1.0B	1.1B
Total Stockholder Equity	834.5M	866.3M	1.0B	728.9M	838.2M	656.4M
Net Tangible Assets	340.6M	747.4M	769.2M	919.2M	1.1B	549.0M
Retained Earnings	298.0M	317.6M	458.6M	172.3M	198.1M	271.0M
Accounts Payable	92.0M	69.1M	94.1M	140.9M	162.0M	170.1M
Cash	49.6M	93.2M	232.5M	556.9M	640.4M	672.5M
Non Current Assets Total	913.1M	1.0B	1.1B	1.0B	1.2B	725.1M
Non Currrent Assets Other	261.8K	18.1M	11.4M	395.9K	356.3K	338.5K
Other Assets	2.1M	10.3M	31.4M	19.2M	17.3M	18.8M
Net Receivables	463.4K	616.8K	1.1M	1.0M	903.0K	857.9K
Non Current Liabilities Total	243.8M	162.6M	461.8M	481.2M	553.4M	581.1M
Inventory	154.1M	213.4M	392.6M	344.7M	396.4M	416.3M
Other Current Assets	79.2M	109.0M	110.8M	35.6M	41.0M	62.5M
Total Liab	636.9M	857.5M	1.3B	1.4B	1.6B	1.7B
Deferred Long Term Liab	729.4K	5.0M	5.2M	4.4M	5.1M	3.2M
Short Long Term Debt	264.8M	470.3M	600.0M	489.5M	562.9M	284.4M
Total Current Assets	558.3M	711.3M	1.2B	1.1B	1.2B	644.0M
Intangible Assets	87.2M	84.9M	82.7M	79.7M	91.6M	85.1M
Property Plant Equipment	665.6M	805.7M	871.5M	944.5M	1.1B	547.5M
Common Stock Shares Outstanding	104M	135.2M	175.8M	245.5M	282.3M	296.4M
Net Invested Capital	1.3B	1.4B	2.0B	1.6B	1.9B	1.3B
Net Working Capital	165.3M	16.4M	404.2M	182.2M	209.6M	178.1M
Net Debt	439.9M	473.5M	761.1M	338.0M	388.7M	463.9M
Long Term Debt	224.7M	96.4M	393.6M	405.4M	466.3M	283.2M
Capital Stock	104M	135.2M	175.8M	245.5M	282.3M	149.7M
Property Plant And Equipment Net	805.7M	885.8M	944.5M	920.1M	1.1B	928.8M
Property Plant And Equipment Gross	854.6M	979.0M	944.5M	1.2B	1.3B	1.0B

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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.

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Ningbo Short Long Term Debt vs Net Tangible Assets Analysis

Short Long Term Debt vs Net Tangible Assets

Short Long Term Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Net Tangible Assets

Ningbo Bohui fundamental ratios Correlations

Ningbo Bohui Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningbo Bohui fundamental ratios Accounts

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Other Information on Investing in Ningbo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Total Current Assets
Net Tangible Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Deferred Long Term Liab	- 0.95	Net Receivables
Short Long Term Debt	- 0.84	Net Receivables
Net Receivables	- 0.84	Net Tangible Assets
Net Receivables	- 0.82	Total Stockholder Equity
Net Invested Capital	- 0.81	Net Receivables
Net Receivables	- 0.81	Total Current Liabilities