Ningbo Total Stockholder Equity vs Long Term Debt Analysis

300839 Stock   8.11  0.20  2.41%   
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 Total Stockholder Equity and its Long Term Debt 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.

Total Stockholder Equity vs Long Term Debt

Total Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Bohui Chemical Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ningbo Bohui's Total Stockholder Equity and Long Term Debt is 0.7. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt 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 Total Stockholder Equity and Long Term Debt 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 Stockholder Equity of Ningbo Bohui Chemical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Ningbo Bohui's Total Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Ningbo Bohui Chemical has held for over one year. Long-term debt appears on Ningbo Bohui Chemical balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ningbo Bohui Chemical balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 27.8 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit153.2M342.2M244.5M205.5M
Total Revenue1.5B3.0B2.8B1.4B

Ningbo Bohui fundamental ratios Correlations

0.370.980.960.970.840.870.580.98-0.56-0.36-0.760.970.770.990.820.960.960.720.910.980.870.990.10.910.84
0.370.340.470.290.590.16-0.320.38-0.29-0.34-0.160.350.670.30.310.420.340.360.230.340.070.380.020.530.09
0.980.340.910.970.750.840.640.94-0.54-0.33-0.760.970.730.990.830.970.970.640.950.960.920.960.070.850.81
0.960.470.910.940.90.760.450.95-0.52-0.32-0.80.910.840.90.860.940.90.750.810.930.750.980.120.930.7
0.970.290.970.940.740.810.590.93-0.53-0.32-0.820.960.690.960.90.960.960.660.940.950.910.960.140.820.77
0.840.590.750.90.740.70.250.87-0.42-0.3-0.510.80.830.780.560.780.760.820.60.810.510.870.10.940.67
0.870.160.840.760.810.70.540.91-0.66-0.52-0.470.790.610.90.550.730.760.720.720.930.720.84-0.190.760.91
0.58-0.320.640.450.590.250.540.5-0.47-0.23-0.620.630.180.640.470.570.650.320.690.520.80.570.190.420.66
0.980.380.940.950.930.870.910.5-0.59-0.4-0.70.90.810.950.780.910.880.780.810.990.770.97-0.080.90.81
-0.56-0.29-0.54-0.52-0.53-0.42-0.66-0.47-0.590.950.45-0.5-0.51-0.57-0.46-0.45-0.49-0.48-0.46-0.61-0.48-0.550.12-0.56-0.65
-0.36-0.34-0.33-0.32-0.32-0.3-0.52-0.23-0.40.950.21-0.3-0.39-0.38-0.24-0.24-0.29-0.35-0.25-0.43-0.25-0.350.12-0.42-0.53
-0.76-0.16-0.76-0.8-0.82-0.51-0.47-0.62-0.70.450.21-0.73-0.67-0.7-0.94-0.83-0.77-0.31-0.77-0.71-0.75-0.78-0.25-0.69-0.48
0.970.350.970.910.960.80.790.630.9-0.5-0.3-0.730.680.970.780.971.00.670.960.910.920.970.280.870.84
0.770.670.730.840.690.830.610.180.81-0.51-0.39-0.670.680.70.690.780.680.480.550.770.440.8-0.030.910.52
0.990.30.990.90.960.780.90.640.95-0.57-0.38-0.70.970.70.760.940.960.680.930.970.910.970.080.860.89
0.820.310.830.860.90.560.550.470.78-0.46-0.24-0.940.780.690.760.870.810.430.820.80.780.820.140.690.48
0.960.420.970.940.960.780.730.570.91-0.45-0.24-0.830.970.780.940.870.970.580.940.910.880.970.210.880.72
0.960.340.970.90.960.760.760.650.88-0.49-0.29-0.771.00.680.960.810.970.610.970.90.930.960.320.860.82
0.720.360.640.750.660.820.720.320.78-0.48-0.35-0.310.670.480.680.430.580.610.510.730.490.72-0.160.670.6
0.910.230.950.810.940.60.720.690.81-0.46-0.25-0.770.960.550.930.820.940.970.510.850.980.890.280.720.76
0.980.340.960.930.950.810.930.520.99-0.61-0.43-0.710.910.770.970.80.910.90.730.850.820.96-0.070.870.83
0.870.070.920.750.910.510.720.80.77-0.48-0.25-0.750.920.440.910.780.880.930.490.980.820.840.230.650.77
0.990.380.960.980.960.870.840.570.97-0.55-0.35-0.780.970.80.970.820.970.960.720.890.960.840.150.940.82
0.10.020.070.120.140.1-0.190.19-0.080.120.12-0.250.28-0.030.080.140.210.32-0.160.28-0.070.230.150.170.17
0.910.530.850.930.820.940.760.420.9-0.56-0.42-0.690.870.910.860.690.880.860.670.720.870.650.940.170.77
0.840.090.810.70.770.670.910.660.81-0.65-0.53-0.480.840.520.890.480.720.820.60.760.830.770.820.170.77
Click cells to compare fundamentals

Ningbo Bohui Account Relationship Matchups

Ningbo Bohui fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.7B2.3B2.1B1.4B
Other Current Liab27.5M22.4M48.8M48.6M6.0M5.7M
Total Current Liabilities346.6M393.1M694.9M806.8M901.1M468.7M
Total Stockholder Equity425.9M834.5M866.3M1.0B728.9M656.4M
Net Tangible Assets340.6M747.4M769.2M919.2M1.1B549.0M
Retained Earnings271.4M298.0M317.6M458.6M172.3M271.0M
Accounts Payable133.3M92.0M69.1M94.1M140.9M79.4M
Cash53.3M49.6M93.2M232.5M556.9M584.8M
Non Current Assets Total762.6M913.1M1.0B1.1B1.0B725.1M
Non Currrent Assets Other390K261.8K18.1M11.4M395.9K376.1K
Other Assets2.1M10.3M31.4M19.2M17.3M18.8M
Net Receivables121.6M463.4K616.8K1.1M1.0M953.2K
Non Current Liabilities Total333.6M243.8M162.6M461.8M481.2M243.9M
Inventory101.0M154.1M213.4M392.6M344.7M186.3M
Other Current Assets67.6M79.2M109.0M110.8M35.6M62.5M
Total Liab680.2M636.9M857.5M1.3B1.4B712.6M
Deferred Long Term Liab729.4K5.0M5.2M4.4M5.1M3.2M
Short Long Term Debt108M264.8M470.3M600.0M489.5M284.4M
Total Current Assets343.5M558.3M711.3M1.2B1.1B644.0M
Intangible Assets85.3M87.2M84.9M82.7M79.7M85.1M
Property Plant Equipment665.6M805.7M871.5M944.5M1.1B547.5M
Net Invested Capital867.5M1.3B1.4B2.0B1.6B1.3B
Net Working Capital(3.1M)165.3M16.4M404.2M182.2M178.1M
Net Debt388.3M439.9M473.5M761.1M338.0M463.9M
Long Term Debt333.6M224.7M96.4M393.6M405.4M283.2M

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 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.