Ningbo Cash vs Total Stockholder Equity Analysis

301193 Stock

17.63 1.76 9.08%

Ningbo Homelink financial indicator trend analysis is infinitely more than just investigating Ningbo Homelink Eco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Homelink Eco is a good investment. Please check the relationship between Ningbo Homelink Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Homelink Eco iTech. 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.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Homelink Eco Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.

The correlation between Ningbo Homelink's Cash and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ningbo Homelink Eco iTech, assuming nothing else is changed. The correlation between historical values of Ningbo Homelink's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ningbo Homelink Eco iTech are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Ningbo Homelink's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Ningbo Homelink Eco, which is listed under current asset account on Ningbo Homelink Eco iTech balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ningbo Homelink customers. The amounts must be unrestricted with restricted cash listed in a different Ningbo Homelink account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Ningbo Homelink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Homelink Eco 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 Ningbo Homelink Eco iTech. 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.

As of March 1, 2025, Tax Provision is expected to decline to about 2.9 M. In addition to that, Selling General Administrative is expected to decline to about 80.1 M

	2022	2023	2024	2025 (projected)
Interest Expense	15.0M	16.8M	15.1M	25.3M
Interest Income	6.3M	12.0M	13.7M	14.4M

Interest Expense Interest Income

Ningbo Homelink fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	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	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations
Total Assets		0.81	0.98	0.97	-0.79	0.96	0.96	0.95	0.89	0.9	0.82	0.99	0.91	0.84	0.97	0.86	0.88	1.0	-0.74	0.98	0.97	0.86	0.92	0.97	0.98	0.82
Other Current Liab	0.81		0.79	0.72	-0.67	0.72	0.75	0.7	0.95	0.95	1.0	0.83	0.68	1.0	0.78	0.99	0.97	0.8	-0.83	0.75	0.86	0.77	0.71	0.87	0.86	1.0
Total Current Liabilities	0.98	0.79		0.94	-0.82	0.97	0.99	0.91	0.9	0.9	0.81	0.99	0.9	0.82	0.94	0.85	0.88	0.96	-0.74	0.95	0.93	0.8	0.95	0.96	0.97	0.8
Total Stockholder Equity	0.97	0.72	0.94		-0.84	0.98	0.92	0.99	0.85	0.86	0.75	0.92	0.97	0.76	0.97	0.8	0.83	0.98	-0.57	1.0	0.91	0.93	0.86	0.89	0.9	0.74
Net Debt	-0.79	-0.67	-0.82	-0.84		-0.89	-0.79	-0.84	-0.79	-0.8	-0.69	-0.77	-0.94	-0.71	-0.9	-0.78	-0.79	-0.79	0.32	-0.85	-0.71	-0.85	-0.64	-0.69	-0.71	-0.7
Retained Earnings	0.96	0.72	0.97	0.98	-0.89		0.96	0.96	0.86	0.87	0.74	0.94	0.97	0.76	0.97	0.8	0.84	0.95	-0.58	0.97	0.89	0.87	0.89	0.89	0.9	0.74
Accounts Payable	0.96	0.75	0.99	0.92	-0.79	0.96		0.88	0.88	0.88	0.77	0.97	0.88	0.79	0.91	0.81	0.86	0.93	-0.74	0.92	0.9	0.76	0.97	0.94	0.95	0.77
Cash	0.95	0.7	0.91	0.99	-0.84	0.96	0.88		0.82	0.83	0.73	0.89	0.97	0.74	0.97	0.78	0.8	0.97	-0.52	0.99	0.9	0.95	0.81	0.86	0.87	0.72
Non Current Assets Total	0.89	0.95	0.9	0.85	-0.79	0.86	0.88	0.82		1.0	0.96	0.9	0.81	0.97	0.86	0.98	1.0	0.88	-0.79	0.86	0.88	0.84	0.85	0.9	0.91	0.96
Non Currrent Assets Other	0.9	0.95	0.9	0.86	-0.8	0.87	0.88	0.83	1.0		0.97	0.91	0.82	0.97	0.87	0.98	1.0	0.89	-0.79	0.87	0.89	0.85	0.84	0.91	0.91	0.97
Long Term Debt	0.82	1.0	0.81	0.75	-0.69	0.74	0.77	0.73	0.96	0.97		0.85	0.7	1.0	0.8	0.99	0.98	0.82	-0.83	0.77	0.87	0.78	0.73	0.88	0.87	1.0
Net Receivables	0.99	0.83	0.99	0.92	-0.77	0.94	0.97	0.89	0.9	0.91	0.85		0.86	0.86	0.93	0.87	0.89	0.97	-0.81	0.93	0.97	0.78	0.94	0.99	0.99	0.84
Common Stock Shares Outstanding	0.91	0.68	0.9	0.97	-0.94	0.97	0.88	0.97	0.81	0.82	0.7	0.86		0.72	0.97	0.78	0.8	0.92	-0.42	0.97	0.84	0.93	0.77	0.8	0.82	0.7
Non Current Liabilities Total	0.84	1.0	0.82	0.76	-0.71	0.76	0.79	0.74	0.97	0.97	1.0	0.86	0.72		0.81	0.99	0.99	0.83	-0.82	0.79	0.87	0.8	0.75	0.88	0.88	1.0
Inventory	0.97	0.78	0.94	0.97	-0.9	0.97	0.91	0.97	0.86	0.87	0.8	0.93	0.97	0.81		0.85	0.86	0.98	-0.58	0.99	0.94	0.92	0.81	0.9	0.91	0.8
Other Current Assets	0.86	0.99	0.85	0.8	-0.78	0.8	0.81	0.78	0.98	0.98	0.99	0.87	0.78	0.99	0.85		0.99	0.86	-0.78	0.82	0.88	0.83	0.75	0.88	0.89	0.99
Total Liab	0.88	0.97	0.88	0.83	-0.79	0.84	0.86	0.8	1.0	1.0	0.98	0.89	0.8	0.99	0.86	0.99		0.87	-0.79	0.84	0.88	0.84	0.81	0.9	0.9	0.98
Net Invested Capital	1.0	0.8	0.96	0.98	-0.79	0.95	0.93	0.97	0.88	0.89	0.82	0.97	0.92	0.83	0.98	0.86	0.87		-0.7	0.99	0.98	0.89	0.88	0.96	0.97	0.82
Short Long Term Debt	-0.74	-0.83	-0.74	-0.57	0.32	-0.58	-0.74	-0.52	-0.79	-0.79	-0.83	-0.81	-0.42	-0.82	-0.58	-0.78	-0.79	-0.7		-0.59	-0.8	-0.44	-0.81	-0.86	-0.85	-0.82
Total Current Assets	0.98	0.75	0.95	1.0	-0.85	0.97	0.92	0.99	0.86	0.87	0.77	0.93	0.97	0.79	0.99	0.82	0.84	0.99	-0.59		0.93	0.93	0.85	0.91	0.92	0.77
Capital Stock	0.97	0.86	0.93	0.91	-0.71	0.89	0.9	0.9	0.88	0.89	0.87	0.97	0.84	0.87	0.94	0.88	0.88	0.98	-0.8	0.93		0.82	0.86	0.98	0.98	0.87
Net Working Capital	0.86	0.77	0.8	0.93	-0.85	0.87	0.76	0.95	0.84	0.85	0.78	0.78	0.93	0.8	0.92	0.83	0.84	0.89	-0.44	0.93	0.82		0.66	0.76	0.77	0.78
Intangible Assets	0.92	0.71	0.95	0.86	-0.64	0.89	0.97	0.81	0.85	0.84	0.73	0.94	0.77	0.75	0.81	0.75	0.81	0.88	-0.81	0.85	0.86	0.66		0.92	0.93	0.73
Property Plant And Equipment Net	0.97	0.87	0.96	0.89	-0.69	0.89	0.94	0.86	0.9	0.91	0.88	0.99	0.8	0.88	0.9	0.88	0.9	0.96	-0.86	0.91	0.98	0.76	0.92		1.0	0.87
Property Plant And Equipment Gross	0.98	0.86	0.97	0.9	-0.71	0.9	0.95	0.87	0.91	0.91	0.87	0.99	0.82	0.88	0.91	0.89	0.9	0.97	-0.85	0.92	0.98	0.77	0.93	1.0		0.87
Capital Lease Obligations	0.82	1.0	0.8	0.74	-0.7	0.74	0.77	0.72	0.96	0.97	1.0	0.84	0.7	1.0	0.8	0.99	0.98	0.82	-0.82	0.77	0.87	0.78	0.73	0.87	0.87

Click cells to compare fundamentals

Ningbo Homelink Account Relationship Matchups

Ningbo Homelink fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	2.1B	2.9B	4.1B	4.7B	2.4B
Total Current Liabilities	615.3M	592.0M	1.0B	1.1B	1.3B	844.4M
Total Stockholder Equity	458.9M	1.4B	1.5B	1.7B	1.9B	1.2B
Retained Earnings	168.9M	232.8M	369.0M	367.9M	423.1M	264.6M
Accounts Payable	296.2M	248.7M	655.2M	664.6M	764.3M	454.1M
Cash	104.1M	854.8M	754.6M	946.6M	1.1B	594.6M
Non Current Assets Total	606.7M	701.4M	1.5B	2.3B	2.7B	2.8B
Non Currrent Assets Other	9.9M	21.3M	76.4M	145.6M	167.5M	175.8M
Long Term Debt	30.6M	71.8M	122.3M	996.8M	1.1B	1.2B
Net Receivables	153.9M	148.3M	228.6M	298.4M	343.2M	210.4M
Non Current Liabilities Total	53.2M	115.1M	203.4M	1.1B	1.3B	1.4B
Inventory	241.0M	326.6M	302.1M	397.6M	457.2M	313.5M
Other Current Assets	13.6M	14.1M	16.5M	56.3M	64.8M	68.0M
Total Liab	668.5M	707.1M	1.2B	2.3B	2.6B	2.7B
Net Invested Capital	717.3M	1.7B	1.8B	2.8B	3.2B	1.7B
Short Long Term Debt	227.8M	250.6M	184.4M	113.9M	102.5M	155.0M
Total Current Assets	520.7M	1.4B	1.4B	1.8B	2.1B	1.2B
Net Working Capital	(94.6M)	771.4M	340.2M	637.2M	732.8M	769.5M
Intangible Assets	71.9M	69.8M	264.2M	250.0M	287.5M	164.4M

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

Other Information on Investing in Ningbo Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ningbo Cash vs Total Stockholder Equity Analysis

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash

Total Stockholder Equity

Ningbo Homelink fundamental ratios Correlations

Ningbo Homelink Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningbo Homelink fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Ningbo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Other Current Liab
Capital Lease Obligations	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Currrent Assets Other	+ 1.0	Non Current Assets Total

Common Stock Shares Outstanding	- 0.94	Net Debt
Inventory	- 0.9	Net Debt
Retained Earnings	- 0.89	Net Debt
Property Plant And Equipment Net	- 0.86	Short Long Term Debt
Property Plant And Equipment Gross	- 0.85	Short Long Term Debt
Net Working Capital	- 0.85	Net Debt