Kangping Other Current Liab vs Accounts Payable Analysis

300907 Stock

23.66 0.53 2.19%

Kangping Technology financial indicator trend analysis is infinitely more than just investigating Kangping Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kangping Technology is a good investment. Please check the relationship between Kangping Technology Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kangping Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangping Technology Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Kangping Technology's Other Current Liab and Accounts Payable is -0.54. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kangping Technology Co, assuming nothing else is changed. The correlation between historical values of Kangping Technology's Other Current Liab 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 Other Current Liab of Kangping Technology Co 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 Other Current Liab i.e., Kangping Technology's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

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Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Kangping Technology 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 Kangping Technology 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 Kangping Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kangping Technology 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 Kangping Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Tax Provision is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 30.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	5.3M	5.7M	3.3M	3.9M
Interest Income	1.6M	1.1M	2.9M	1.7M

Interest Expense Interest Income

Kangping Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.75	0.98	0.99	0.92	0.95	0.85	0.94	-0.5	0.97	0.9	0.96	0.71	0.97	0.72	0.98	0.99	0.85	0.99	0.96	0.93	0.94	0.38	0.86	-0.77	0.47
Other Current Liab	-0.75		-0.62	-0.82	-0.91	-0.54	-0.42	-0.83	0.89	-0.76	-0.9	-0.86	-0.58	-0.59	-0.22	-0.63	-0.82	-0.66	-0.69	-0.86	-0.77	-0.73	-0.66	-0.75	0.94	-0.11
Total Current Liabilities	0.98	-0.62		0.94	0.83	0.97	0.85	0.91	-0.39	0.93	0.84	0.91	0.64	0.99	0.73	1.0	0.96	0.87	0.97	0.91	0.93	0.87	0.31	0.86	-0.7	0.52
Total Stockholder Equity	0.99	-0.82	0.94		0.97	0.92	0.84	0.93	-0.58	0.97	0.92	0.98	0.71	0.93	0.68	0.95	0.99	0.81	0.98	0.98	0.92	0.96	0.44	0.83	-0.8	0.4
Retained Earnings	0.92	-0.91	0.83	0.97		0.81	0.75	0.88	-0.72	0.93	0.91	0.97	0.65	0.81	0.54	0.84	0.94	0.71	0.91	0.97	0.85	0.94	0.57	0.75	-0.84	0.21
Accounts Payable	0.95	-0.54	0.97	0.92	0.81		0.94	0.8	-0.3	0.89	0.73	0.86	0.64	0.97	0.81	0.97	0.9	0.73	0.98	0.86	0.83	0.92	0.2	0.73	-0.57	0.45
Cash	0.85	-0.42	0.85	0.84	0.75	0.94		0.62	-0.13	0.83	0.57	0.75	0.63	0.86	0.9	0.85	0.78	0.5	0.91	0.75	0.63	0.92	0.08	0.49	-0.35	0.39
Non Current Assets Total	0.94	-0.83	0.91	0.93	0.88	0.8	0.62		-0.63	0.93	0.98	0.95	0.64	0.89	0.49	0.91	0.97	0.96	0.88	0.95	0.99	0.78	0.53	0.96	-0.9	0.48
Non Currrent Assets Other	-0.5	0.89	-0.39	-0.58	-0.72	-0.3	-0.13	-0.63		-0.5	-0.71	-0.68	-0.21	-0.33	0.17	-0.39	-0.58	-0.5	-0.44	-0.68	-0.61	-0.47	-0.79	-0.58	0.89	0.26
Long Term Debt	0.97	-0.76	0.93	0.97	0.93	0.89	0.83	0.93	-0.5		0.92	0.97	0.64	0.9	0.67	0.93	0.97	0.83	0.95	0.97	0.9	0.91	0.49	0.79	-0.74	0.43
Net Receivables	0.9	-0.9	0.84	0.92	0.91	0.73	0.57	0.98	-0.71	0.92		0.95	0.65	0.82	0.43	0.85	0.95	0.91	0.84	0.95	0.95	0.78	0.59	0.92	-0.93	0.42
Common Stock Shares Outstanding	0.96	-0.86	0.91	0.98	0.97	0.86	0.75	0.95	-0.68	0.97	0.95		0.59	0.88	0.53	0.91	0.98	0.85	0.94	1.0	0.94	0.9	0.6	0.84	-0.86	0.29
Non Current Liabilities Total	0.71	-0.58	0.64	0.71	0.65	0.64	0.63	0.64	-0.21	0.64	0.65	0.59		0.72	0.77	0.68	0.7	0.5	0.71	0.59	0.57	0.74	-0.18	0.68	-0.5	0.73
Inventory	0.97	-0.59	0.99	0.93	0.81	0.97	0.86	0.89	-0.33	0.9	0.82	0.88	0.72		0.79	1.0	0.94	0.84	0.97	0.88	0.9	0.88	0.19	0.85	-0.66	0.59
Other Current Assets	0.72	-0.22	0.73	0.68	0.54	0.81	0.9	0.49	0.17	0.67	0.43	0.53	0.77	0.79		0.75	0.64	0.4	0.77	0.53	0.48	0.78	-0.28	0.44	-0.15	0.68
Total Liab	0.98	-0.63	1.0	0.95	0.84	0.97	0.85	0.91	-0.39	0.93	0.85	0.91	0.68	1.0	0.75		0.96	0.87	0.98	0.91	0.93	0.88	0.29	0.86	-0.7	0.54
Net Invested Capital	0.99	-0.82	0.96	0.99	0.94	0.9	0.78	0.97	-0.58	0.97	0.95	0.98	0.7	0.94	0.64	0.96		0.88	0.97	0.98	0.96	0.91	0.46	0.89	-0.84	0.46
Short Long Term Debt	0.85	-0.66	0.87	0.81	0.71	0.73	0.5	0.96	-0.5	0.83	0.91	0.85	0.5	0.84	0.4	0.87	0.88		0.78	0.85	0.97	0.61	0.49	0.95	-0.82	0.54
Total Current Assets	0.99	-0.69	0.97	0.98	0.91	0.98	0.91	0.88	-0.44	0.95	0.84	0.94	0.71	0.97	0.77	0.98	0.97	0.78		0.94	0.88	0.96	0.31	0.8	-0.69	0.45
Capital Stock	0.96	-0.86	0.91	0.98	0.97	0.86	0.75	0.95	-0.68	0.97	0.95	1.0	0.59	0.88	0.53	0.91	0.98	0.85	0.94		0.94	0.9	0.6	0.84	-0.86	0.29
Non Current Liabilities Other	0.93	-0.77	0.93	0.92	0.85	0.83	0.63	0.99	-0.61	0.9	0.95	0.94	0.57	0.9	0.48	0.93	0.96	0.97	0.88	0.94		0.76	0.52	0.95	-0.88	0.45
Net Working Capital	0.94	-0.73	0.87	0.96	0.94	0.92	0.92	0.78	-0.47	0.91	0.78	0.9	0.74	0.88	0.78	0.88	0.91	0.61	0.96	0.9	0.76		0.29	0.66	-0.63	0.33
Intangible Assets	0.38	-0.66	0.31	0.44	0.57	0.2	0.08	0.53	-0.79	0.49	0.59	0.6	-0.18	0.19	-0.28	0.29	0.46	0.49	0.31	0.6	0.52	0.29		0.36	-0.67	-0.39
Property Plant And Equipment Net	0.86	-0.75	0.86	0.83	0.75	0.73	0.49	0.96	-0.58	0.79	0.92	0.84	0.68	0.85	0.44	0.86	0.89	0.95	0.8	0.84	0.95	0.66	0.36		-0.88	0.58
Capital Lease Obligations	-0.77	0.94	-0.7	-0.8	-0.84	-0.57	-0.35	-0.9	0.89	-0.74	-0.93	-0.86	-0.5	-0.66	-0.15	-0.7	-0.84	-0.82	-0.69	-0.86	-0.88	-0.63	-0.67	-0.88		-0.18
Property Plant And Equipment Gross	0.47	-0.11	0.52	0.4	0.21	0.45	0.39	0.48	0.26	0.43	0.42	0.29	0.73	0.59	0.68	0.54	0.46	0.54	0.45	0.29	0.45	0.33	-0.39	0.58	-0.18

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Kangping Technology Account Relationship Matchups

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TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Kangping Stock

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

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Kangping Other Current Liab vs Accounts Payable Analysis

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Liab

Accounts Payable

Kangping Technology fundamental ratios Correlations

Kangping Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Kangping Stock

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Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 1.0	Inventory
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Capital Lease Obligations	- 0.93	Net Receivables
Retained Earnings	- 0.91	Other Current Liab
Capital Lease Obligations	- 0.9	Non Current Assets Total
Net Receivables	- 0.9	Other Current Liab
Capital Lease Obligations	- 0.88	Property Plant And Equipment Net
Capital Lease Obligations	- 0.88	Non Current Liabilities Other