Chongqing Property Plant And Equipment Net vs Net Debt 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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing VDL Electronics Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chongqing VDL's Property Plant And Equipment Net and Net Debt is -0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net 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 Property Plant And Equipment Net of Chongqing VDL Electronics are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Chongqing VDL's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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

0.990.950.990.940.910.931.00.980.940.980.930.960.970.971.01.00.980.950.880.960.840.970.9-0.560.96
0.990.970.970.980.960.90.990.980.950.930.90.990.930.990.980.980.930.90.910.990.810.990.91-0.530.91
0.950.970.910.960.970.860.970.990.970.910.860.930.861.00.940.930.910.810.920.980.820.980.97-0.590.84
0.990.970.910.920.870.930.980.950.910.980.940.950.980.951.01.00.980.980.860.940.830.950.85-0.540.97
0.940.980.960.920.960.860.950.950.980.870.850.980.840.960.930.930.870.830.980.960.760.950.88-0.530.83
0.910.960.970.870.960.810.940.950.910.820.820.960.830.960.890.890.820.760.880.980.740.970.91-0.520.8
0.930.90.860.930.860.810.920.910.890.940.990.890.910.890.930.940.940.910.830.910.960.920.84-0.790.96
1.00.990.970.980.950.940.920.990.940.960.920.970.960.990.990.990.960.920.890.980.840.990.93-0.570.93
0.980.980.990.950.950.950.910.990.950.950.910.940.921.00.970.960.950.860.890.990.870.990.97-0.630.9
0.940.950.970.910.980.910.890.940.950.90.860.930.830.970.930.930.90.820.980.930.820.940.92-0.610.83
0.980.930.910.980.870.820.940.960.950.90.940.880.970.940.980.981.00.950.820.910.890.930.9-0.630.97
0.930.90.860.940.850.820.990.920.910.860.940.890.930.890.940.940.940.920.790.920.950.930.83-0.780.98
0.960.990.930.950.980.960.890.970.940.930.880.890.910.950.960.950.880.890.920.970.760.960.84-0.50.89
0.970.930.860.980.840.830.910.960.920.830.970.930.910.910.980.980.970.970.750.910.820.920.81-0.510.98
0.970.991.00.950.960.960.890.991.00.970.940.890.950.910.970.960.940.860.910.980.840.990.96-0.590.89
1.00.980.941.00.930.890.930.990.970.930.980.940.960.980.971.00.980.960.880.950.840.960.88-0.550.96
1.00.980.931.00.930.890.940.990.960.930.980.940.950.980.961.00.980.970.880.950.840.960.87-0.550.96
0.980.930.910.980.870.820.940.960.950.91.00.940.880.970.940.980.980.950.820.910.890.930.9-0.630.97
0.950.90.810.980.830.760.910.920.860.820.950.920.890.970.860.960.970.950.780.850.790.860.73-0.490.97
0.880.910.920.860.980.880.830.890.890.980.820.790.920.750.910.880.880.820.780.880.730.880.84-0.530.76
0.960.990.980.940.960.980.910.980.990.930.910.920.970.910.980.950.950.910.850.880.851.00.94-0.630.9
0.840.810.820.830.760.740.960.840.870.820.890.950.760.820.840.840.840.890.790.730.850.870.86-0.910.89
0.970.990.980.950.950.970.920.990.990.940.930.930.960.920.990.960.960.930.860.881.00.870.95-0.640.91
0.90.910.970.850.880.910.840.930.970.920.90.830.840.810.960.880.870.90.730.840.940.860.95-0.670.8
-0.56-0.53-0.59-0.54-0.53-0.52-0.79-0.57-0.63-0.61-0.63-0.78-0.5-0.51-0.59-0.55-0.55-0.63-0.49-0.53-0.63-0.91-0.64-0.67-0.64
0.960.910.840.970.830.80.960.930.90.830.970.980.890.980.890.960.960.970.970.760.90.890.910.8-0.64
Click cells to compare fundamentals

Chongqing VDL Account Relationship Matchups

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 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.