Chongqing Capital Lease Obligations vs Total Liab Analysis

301121 Stock   53.34  1.82  3.30%   
Chongqing VDL financial indicator trend analysis is way more than just evaluating Chongqing VDL Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing VDL Electronics is a good investment. Please check the relationship between Chongqing VDL Capital Lease Obligations and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing VDL Electronics. 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.

Capital Lease Obligations vs Total Liab

Capital Lease Obligations vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing VDL Electronics Capital Lease Obligations account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chongqing VDL's Capital Lease Obligations and Total Liab is 0.84. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Liab in the same time period over historical financial statements of Chongqing VDL Electronics, assuming nothing else is changed. The correlation between historical values of Chongqing VDL's Capital Lease Obligations and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Chongqing VDL Electronics are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Capital Lease Obligations i.e., Chongqing VDL's Capital Lease Obligations and Total Liab go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Lease Obligations

Chongqing VDL Electronics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Chongqing VDL asset purchases. For example, Chongqing VDL can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Chongqing VDL control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Chongqing VDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing VDL Electronics 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 Chongqing VDL Electronics. 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 (11.2 M). In addition to that, Selling General Administrative is expected to decline to about 43.9 M
 2021 2022 2023 2024 (projected)
Interest Expense3.1M9.3M13.0M13.6M
Interest Income106.3K2.0M9.2M9.6M

Chongqing VDL fundamental ratios Correlations

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Chongqing VDL Account Relationship Matchups

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Other Information on Investing in Chongqing Stock

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