Chongqing Short Term Investments vs Total Current Assets 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 Short Term Investments and its Total Current Assets 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.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing VDL Electronics Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Chongqing VDL's Short Term Investments and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets 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 Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Chongqing VDL Electronics are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., Chongqing VDL's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Term Investments

Short Term Investments is an item under the current assets section of Chongqing VDL balance sheet. It contains any investments Chongqing VDL Electronics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Chongqing VDL Electronics can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Expense	3.1M	9.3M	13.0M	13.6M
Interest Income	106.3K	2.0M	9.2M	9.6M

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	0.95	0.99	0.94	0.91	0.93	1.0	0.98	0.94	0.98	0.93	0.96	0.97	0.97	1.0	1.0	0.98	0.95	0.88	0.96	0.84	0.97	0.9	-0.56	0.96
Other Current Liab	0.99		0.97	0.97	0.98	0.96	0.9	0.99	0.98	0.95	0.93	0.9	0.99	0.93	0.99	0.98	0.98	0.93	0.9	0.91	0.99	0.81	0.99	0.91	-0.53	0.91
Total Current Liabilities	0.95	0.97		0.91	0.96	0.97	0.86	0.97	0.99	0.97	0.91	0.86	0.93	0.86	1.0	0.94	0.93	0.91	0.81	0.92	0.98	0.82	0.98	0.97	-0.59	0.84
Total Stockholder Equity	0.99	0.97	0.91		0.92	0.87	0.93	0.98	0.95	0.91	0.98	0.94	0.95	0.98	0.95	1.0	1.0	0.98	0.98	0.86	0.94	0.83	0.95	0.85	-0.54	0.97
Retained Earnings	0.94	0.98	0.96	0.92		0.96	0.86	0.95	0.95	0.98	0.87	0.85	0.98	0.84	0.96	0.93	0.93	0.87	0.83	0.98	0.96	0.76	0.95	0.88	-0.53	0.83
Accounts Payable	0.91	0.96	0.97	0.87	0.96		0.81	0.94	0.95	0.91	0.82	0.82	0.96	0.83	0.96	0.89	0.89	0.82	0.76	0.88	0.98	0.74	0.97	0.91	-0.52	0.8
Cash	0.93	0.9	0.86	0.93	0.86	0.81		0.92	0.91	0.89	0.94	0.99	0.89	0.91	0.89	0.93	0.94	0.94	0.91	0.83	0.91	0.96	0.92	0.84	-0.79	0.96
Non Current Assets Total	1.0	0.99	0.97	0.98	0.95	0.94	0.92		0.99	0.94	0.96	0.92	0.97	0.96	0.99	0.99	0.99	0.96	0.92	0.89	0.98	0.84	0.99	0.93	-0.57	0.93
Non Currrent Assets Other	0.98	0.98	0.99	0.95	0.95	0.95	0.91	0.99		0.95	0.95	0.91	0.94	0.92	1.0	0.97	0.96	0.95	0.86	0.89	0.99	0.87	0.99	0.97	-0.63	0.9
Net Receivables	0.94	0.95	0.97	0.91	0.98	0.91	0.89	0.94	0.95		0.9	0.86	0.93	0.83	0.97	0.93	0.93	0.9	0.82	0.98	0.93	0.82	0.94	0.92	-0.61	0.83
Common Stock Shares Outstanding	0.98	0.93	0.91	0.98	0.87	0.82	0.94	0.96	0.95	0.9		0.94	0.88	0.97	0.94	0.98	0.98	1.0	0.95	0.82	0.91	0.89	0.93	0.9	-0.63	0.97
Non Current Liabilities Total	0.93	0.9	0.86	0.94	0.85	0.82	0.99	0.92	0.91	0.86	0.94		0.89	0.93	0.89	0.94	0.94	0.94	0.92	0.79	0.92	0.95	0.93	0.83	-0.78	0.98
Inventory	0.96	0.99	0.93	0.95	0.98	0.96	0.89	0.97	0.94	0.93	0.88	0.89		0.91	0.95	0.96	0.95	0.88	0.89	0.92	0.97	0.76	0.96	0.84	-0.5	0.89
Other Current Assets	0.97	0.93	0.86	0.98	0.84	0.83	0.91	0.96	0.92	0.83	0.97	0.93	0.91		0.91	0.98	0.98	0.97	0.97	0.75	0.91	0.82	0.92	0.81	-0.51	0.98
Total Liab	0.97	0.99	1.0	0.95	0.96	0.96	0.89	0.99	1.0	0.97	0.94	0.89	0.95	0.91		0.97	0.96	0.94	0.86	0.91	0.98	0.84	0.99	0.96	-0.59	0.89
Net Invested Capital	1.0	0.98	0.94	1.0	0.93	0.89	0.93	0.99	0.97	0.93	0.98	0.94	0.96	0.98	0.97		1.0	0.98	0.96	0.88	0.95	0.84	0.96	0.88	-0.55	0.96
Total Current Assets	1.0	0.98	0.93	1.0	0.93	0.89	0.94	0.99	0.96	0.93	0.98	0.94	0.95	0.98	0.96	1.0		0.98	0.97	0.88	0.95	0.84	0.96	0.87	-0.55	0.96
Capital Stock	0.98	0.93	0.91	0.98	0.87	0.82	0.94	0.96	0.95	0.9	1.0	0.94	0.88	0.97	0.94	0.98	0.98		0.95	0.82	0.91	0.89	0.93	0.9	-0.63	0.97
Net Working Capital	0.95	0.9	0.81	0.98	0.83	0.76	0.91	0.92	0.86	0.82	0.95	0.92	0.89	0.97	0.86	0.96	0.97	0.95		0.78	0.85	0.79	0.86	0.73	-0.49	0.97
Intangible Assets	0.88	0.91	0.92	0.86	0.98	0.88	0.83	0.89	0.89	0.98	0.82	0.79	0.92	0.75	0.91	0.88	0.88	0.82	0.78		0.88	0.73	0.88	0.84	-0.53	0.76
Property Plant And Equipment Net	0.96	0.99	0.98	0.94	0.96	0.98	0.91	0.98	0.99	0.93	0.91	0.92	0.97	0.91	0.98	0.95	0.95	0.91	0.85	0.88		0.85	1.0	0.94	-0.63	0.9
Capital Lease Obligations	0.84	0.81	0.82	0.83	0.76	0.74	0.96	0.84	0.87	0.82	0.89	0.95	0.76	0.82	0.84	0.84	0.84	0.89	0.79	0.73	0.85		0.87	0.86	-0.91	0.89
Property Plant And Equipment Gross	0.97	0.99	0.98	0.95	0.95	0.97	0.92	0.99	0.99	0.94	0.93	0.93	0.96	0.92	0.99	0.96	0.96	0.93	0.86	0.88	1.0	0.87		0.95	-0.64	0.91
Short Long Term Debt	0.9	0.91	0.97	0.85	0.88	0.91	0.84	0.93	0.97	0.92	0.9	0.83	0.84	0.81	0.96	0.88	0.87	0.9	0.73	0.84	0.94	0.86	0.95		-0.67	0.8
Net Debt	-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
Short Term Investments	0.96	0.91	0.84	0.97	0.83	0.8	0.96	0.93	0.9	0.83	0.97	0.98	0.89	0.98	0.89	0.96	0.96	0.97	0.97	0.76	0.9	0.89	0.91	0.8	-0.64

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Chongqing VDL Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

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 Short Term Investments vs Total Current Assets Analysis

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Assets

Chongqing VDL fundamental ratios Correlations

Chongqing VDL Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Chongqing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Total Current Assets	+ 1.0	Total Stockholder Equity

Net Debt	- 0.91	Capital Lease Obligations
Net Debt	- 0.79	Cash
Net Debt	- 0.78	Non Current Liabilities Total
Net Debt	- 0.67	Short Long Term Debt
Short Term Investments	- 0.64	Net Debt
Net Debt	- 0.64	Property Plant And Equipment Gross