Chongqing Inventory vs Other Current Liab Analysis

301121 Stock

48.40 2.56 5.02%

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 Inventory and its Other Current 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.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing VDL Electronics Inventory account and Other Current Liab. At this time, the significance of the direction appears to have totally related.

The correlation between Chongqing VDL's Inventory and Other Current Liab is 0.99. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current 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 Inventory and Other Current 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 Inventory of Chongqing VDL Electronics are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Chongqing VDL's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

Other Current Liab

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 (10.1 M). In addition to that, Selling General Administrative is expected to decline to about 43.9 M

	2022	2023	2024	2025 (projected)
Interest Expense	9.3M	13.0M	14.9M	15.7M
Interest Income	2.0M	9.2M	10.6M	11.1M

Interest Expense Interest Income

Chongqing VDL 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Short Long Term Debt	Net Debt	Short Term Investments
Total Assets		0.99	0.97	1.0	0.96	0.94	0.92	1.0	0.98	0.96	0.98	0.93	0.97	0.92	0.98	1.0	1.0	0.98	0.96	0.91	0.98	0.87	0.98	0.93	-0.45	0.97
Other Current Liab	0.99		0.98	0.98	0.98	0.97	0.9	0.99	0.98	0.96	0.96	0.91	0.99	0.9	0.99	0.99	0.98	0.96	0.93	0.94	0.99	0.84	0.99	0.93	-0.44	0.94
Total Current Liabilities	0.97	0.98		0.94	0.97	0.97	0.88	0.98	0.99	0.98	0.93	0.88	0.94	0.86	1.0	0.96	0.96	0.93	0.87	0.93	0.98	0.86	0.99	0.98	-0.46	0.89
Total Stockholder Equity	1.0	0.98	0.94		0.94	0.91	0.93	0.99	0.96	0.94	0.99	0.93	0.96	0.93	0.96	1.0	1.0	0.99	0.98	0.89	0.96	0.86	0.97	0.9	-0.44	0.98
Retained Earnings	0.96	0.98	0.97	0.94		0.97	0.88	0.96	0.95	0.98	0.91	0.87	0.98	0.86	0.97	0.95	0.95	0.91	0.88	0.98	0.97	0.81	0.96	0.91	-0.45	0.88
Accounts Payable	0.94	0.97	0.97	0.91	0.97		0.85	0.96	0.96	0.94	0.89	0.85	0.97	0.85	0.97	0.93	0.92	0.89	0.83	0.91	0.98	0.8	0.97	0.93	-0.46	0.86
Cash	0.92	0.9	0.88	0.93	0.88	0.85		0.91	0.91	0.9	0.95	1.0	0.9	0.99	0.9	0.93	0.93	0.95	0.91	0.86	0.92	0.97	0.92	0.86	-0.71	0.96
Non Current Assets Total	1.0	0.99	0.98	0.99	0.96	0.96	0.91		0.99	0.96	0.97	0.92	0.97	0.91	0.99	0.99	0.99	0.97	0.94	0.92	0.99	0.87	0.99	0.95	-0.45	0.95
Non Currrent Assets Other	0.98	0.98	0.99	0.96	0.95	0.96	0.91	0.99		0.97	0.96	0.91	0.94	0.9	1.0	0.98	0.97	0.96	0.9	0.91	0.99	0.89	0.99	0.98	-0.5	0.93
Net Receivables	0.96	0.96	0.98	0.94	0.98	0.94	0.9	0.96	0.97		0.93	0.88	0.94	0.86	0.98	0.95	0.95	0.93	0.88	0.98	0.96	0.86	0.96	0.95	-0.5	0.88
Common Stock Shares Outstanding	0.98	0.96	0.93	0.99	0.91	0.89	0.95	0.97	0.96	0.93		0.95	0.93	0.94	0.95	0.99	0.99	1.0	0.97	0.88	0.95	0.9	0.96	0.91	-0.54	0.98
Non Current Liabilities Total	0.93	0.91	0.88	0.93	0.87	0.85	1.0	0.92	0.91	0.88	0.95		0.9	1.0	0.9	0.93	0.93	0.95	0.91	0.83	0.92	0.97	0.93	0.86	-0.7	0.97
Inventory	0.97	0.99	0.94	0.96	0.98	0.97	0.9	0.97	0.94	0.94	0.93	0.9		0.9	0.95	0.96	0.96	0.93	0.92	0.94	0.97	0.81	0.96	0.87	-0.45	0.92
Other Current Assets	0.92	0.9	0.86	0.93	0.86	0.85	0.99	0.91	0.9	0.86	0.94	1.0	0.9		0.89	0.92	0.92	0.94	0.91	0.81	0.92	0.96	0.92	0.84	-0.7	0.97
Total Liab	0.98	0.99	1.0	0.96	0.97	0.97	0.9	0.99	1.0	0.98	0.95	0.9	0.95	0.89		0.98	0.97	0.95	0.9	0.93	0.99	0.87	0.99	0.98	-0.46	0.92
Net Invested Capital	1.0	0.99	0.96	1.0	0.95	0.93	0.93	0.99	0.98	0.95	0.99	0.93	0.96	0.92	0.98		1.0	0.99	0.97	0.91	0.97	0.87	0.98	0.92	-0.44	0.97
Total Current Assets	1.0	0.98	0.96	1.0	0.95	0.92	0.93	0.99	0.97	0.95	0.99	0.93	0.96	0.92	0.97	1.0		0.99	0.98	0.91	0.96	0.87	0.97	0.92	-0.44	0.97
Capital Stock	0.98	0.96	0.93	0.99	0.91	0.89	0.95	0.97	0.96	0.93	1.0	0.95	0.93	0.94	0.95	0.99	0.99		0.97	0.88	0.95	0.9	0.96	0.91	-0.54	0.98
Net Working Capital	0.96	0.93	0.87	0.98	0.88	0.83	0.91	0.94	0.9	0.88	0.97	0.91	0.92	0.91	0.9	0.97	0.98	0.97		0.84	0.89	0.83	0.91	0.82	-0.4	0.98
Intangible Assets	0.91	0.94	0.93	0.89	0.98	0.91	0.86	0.92	0.91	0.98	0.88	0.83	0.94	0.81	0.93	0.91	0.91	0.88	0.84		0.91	0.79	0.91	0.88	-0.46	0.82
Property Plant And Equipment Net	0.98	0.99	0.98	0.96	0.97	0.98	0.92	0.99	0.99	0.96	0.95	0.92	0.97	0.92	0.99	0.97	0.96	0.95	0.89	0.91		0.88	1.0	0.96	-0.52	0.93
Capital Lease Obligations	0.87	0.84	0.86	0.86	0.81	0.8	0.97	0.87	0.89	0.86	0.9	0.97	0.81	0.96	0.87	0.87	0.87	0.9	0.83	0.79	0.88		0.89	0.88	-0.78	0.91
Property Plant And Equipment Gross	0.98	0.99	0.99	0.97	0.96	0.97	0.92	0.99	0.99	0.96	0.96	0.93	0.96	0.92	0.99	0.98	0.97	0.96	0.91	0.91	1.0	0.89		0.96	-0.52	0.94
Short Long Term Debt	0.93	0.93	0.98	0.9	0.91	0.93	0.86	0.95	0.98	0.95	0.91	0.86	0.87	0.84	0.98	0.92	0.92	0.91	0.82	0.88	0.96	0.88	0.96		-0.49	0.87
Net Debt	-0.45	-0.44	-0.46	-0.44	-0.45	-0.46	-0.71	-0.45	-0.5	-0.5	-0.54	-0.7	-0.45	-0.7	-0.46	-0.44	-0.44	-0.54	-0.4	-0.46	-0.52	-0.78	-0.52	-0.49		-0.53
Short Term Investments	0.97	0.94	0.89	0.98	0.88	0.86	0.96	0.95	0.93	0.88	0.98	0.97	0.92	0.97	0.92	0.97	0.97	0.98	0.98	0.82	0.93	0.91	0.94	0.87	-0.53

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Chongqing VDL Account Relationship Matchups

Chongqing VDL fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	745.5M	1.1B	2.2B	2.5B	2.9B	1.6B
Other Current Liab	6.6M	21.5M	33.9M	36.2M	41.6M	21.9M
Total Current Liabilities	217.1M	497.3M	485.4M	715.8M	823.2M	453.6M
Total Stockholder Equity	517.3M	618.1M	1.6B	1.6B	1.9B	1.0B
Retained Earnings	134.1M	228.9M	267.1M	286.3M	329.3M	206.6M
Accounts Payable	120.7M	272.0M	261.9M	273.4M	314.4M	230.1M
Cash	119.2M	84.6M	473.5M	555.0M	638.3M	670.2M
Non Current Assets Total	282.2M	560.2M	869.3M	1.0B	1.2B	647.0M
Non Currrent Assets Other	8.8M	12.4M	13.8M	16.7M	19.2M	13.2M
Net Receivables	206.5M	231.7M	242.8M	317.5M	365.1M	246.2M
Non Current Liabilities Total	11.1M	21.1M	130.2M	140.9M	162.0M	170.1M
Inventory	122.7M	194.3M	271.3M	232.0M	266.8M	199.4M
Other Current Assets	3.7M	8.4M	35.7M	35.3M	40.7M	42.7M
Total Liab	228.1M	518.4M	615.6M	856.7M	985.2M	521.2M
Net Invested Capital	564.6M	788.1M	1.8B	2.0B	2.3B	1.2B
Total Current Assets	463.2M	576.2M	1.4B	1.5B	1.7B	911.9M
Net Working Capital	246.2M	78.9M	888.9M	774.0M	890.1M	458.3M
Intangible Assets	4.6M	4.9M	5.0M	6.2M	7.1M	4.6M

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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.

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Chongqing Inventory vs Other Current Liab Analysis

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

Correlation Coefficient

Inventory

Other Current Liab

Chongqing VDL fundamental ratios Correlations

Chongqing VDL Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing VDL fundamental ratios Accounts

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Other Information on Investing in Chongqing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Net Debt	- 0.78	Capital Lease Obligations
Net Debt	- 0.71	Cash
Net Debt	- 0.7	Other Current Assets
Net Debt	- 0.7	Non Current Liabilities Total
Net Debt	- 0.54	Capital Stock
Net Debt	- 0.54	Common Stock Shares Outstanding