Sichuan Capital Lease Obligations vs Intangible Assets Analysis

301286 Stock   35.38  0.48  1.38%   
Sichuan Qiaoyuan financial indicator trend analysis is much more than just breaking down Sichuan Qiaoyuan Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Qiaoyuan Gas is a good investment. Please check the relationship between Sichuan Qiaoyuan Capital Lease Obligations and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Qiaoyuan Gas. 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 Intangible Assets

Capital Lease Obligations vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Qiaoyuan Gas Capital Lease Obligations account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Sichuan Qiaoyuan's Capital Lease Obligations and Intangible Assets is -0.9. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Sichuan Qiaoyuan Gas, assuming nothing else is changed. The correlation between historical values of Sichuan Qiaoyuan's Capital Lease Obligations and Intangible 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 Capital Lease Obligations of Sichuan Qiaoyuan Gas are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Capital Lease Obligations i.e., Sichuan Qiaoyuan's Capital Lease Obligations and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Lease Obligations

Sichuan Qiaoyuan Gas capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Sichuan Qiaoyuan asset purchases. For example, Sichuan Qiaoyuan can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Sichuan Qiaoyuan 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Sichuan Qiaoyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Qiaoyuan Gas 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 Sichuan Qiaoyuan Gas. 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 January 10, 2025, Tax Provision is expected to decline to about 39.4 M. In addition to that, Selling General Administrative is expected to decline to about 45.7 M
 2022 2023 2024 2025 (projected)
Interest Expense18.0M6.6M5.9M10.6M
Interest Income1.7M3.1M2.8M2.6M

Sichuan Qiaoyuan fundamental ratios Correlations

-0.75-0.270.970.320.950.980.990.730.940.87-0.960.480.920.940.351.00.90.870.760.951.00.96-0.931.0-0.48
-0.75-0.2-0.640.38-0.83-0.79-0.82-0.87-0.64-0.970.76-0.62-0.94-0.76-0.59-0.74-0.41-0.97-0.23-0.9-0.77-0.80.78-0.750.4
-0.27-0.2-0.48-0.750.02-0.26-0.160.42-0.380.090.430.65-0.04-0.30.74-0.31-0.620.09-0.78-0.15-0.26-0.020.1-0.30.29
0.97-0.64-0.480.450.850.960.940.550.950.77-0.970.250.850.90.110.980.960.770.880.90.960.87-0.850.97-0.44
0.320.38-0.750.450.110.230.21-0.270.42-0.18-0.28-0.33-0.040.23-0.450.330.67-0.180.770.050.290.16-0.170.32-0.13
0.95-0.830.020.850.110.920.980.90.880.92-0.860.690.950.90.60.930.730.920.540.930.950.98-0.960.95-0.46
0.98-0.79-0.260.960.230.920.980.70.880.88-0.970.470.930.930.340.990.870.880.750.960.980.96-0.910.97-0.42
0.99-0.82-0.160.940.210.980.980.80.920.92-0.940.550.960.940.440.990.830.920.680.970.990.97-0.950.99-0.48
0.73-0.870.420.55-0.270.90.70.80.640.9-0.610.860.860.710.840.690.360.90.120.80.740.83-0.830.72-0.41
0.94-0.64-0.380.950.420.880.880.920.640.79-0.910.280.860.870.170.950.880.790.780.890.930.83-0.850.95-0.48
0.87-0.970.090.77-0.180.920.880.920.90.79-0.850.620.990.850.560.860.571.00.390.970.880.89-0.870.87-0.46
-0.960.760.43-0.97-0.28-0.86-0.97-0.94-0.61-0.91-0.85-0.3-0.91-0.96-0.18-0.97-0.89-0.85-0.79-0.95-0.96-0.870.89-0.970.55
0.48-0.620.650.25-0.330.690.470.550.860.280.62-0.30.560.470.980.420.140.62-0.110.490.490.68-0.650.45-0.26
0.92-0.94-0.040.85-0.040.950.930.960.860.860.99-0.910.560.90.490.920.680.990.510.990.930.91-0.90.93-0.51
0.94-0.76-0.30.90.230.90.930.940.710.870.85-0.960.470.90.370.940.820.850.680.930.960.89-0.970.96-0.71
0.35-0.590.740.11-0.450.60.340.440.840.170.56-0.180.980.490.370.29-0.020.56-0.270.40.370.57-0.550.33-0.26
1.0-0.74-0.310.980.330.930.990.990.690.950.86-0.970.420.920.940.290.910.860.790.950.990.94-0.920.99-0.46
0.9-0.41-0.620.960.670.730.870.830.360.880.57-0.890.140.680.82-0.020.910.570.960.760.880.78-0.760.89-0.41
0.87-0.970.090.77-0.180.920.880.920.90.791.0-0.850.620.990.850.560.860.570.390.970.880.89-0.870.87-0.46
0.76-0.23-0.780.880.770.540.750.680.120.780.39-0.79-0.110.510.68-0.270.790.960.390.610.740.61-0.570.76-0.29
0.95-0.9-0.150.90.050.930.960.970.80.890.97-0.950.490.990.930.40.950.760.970.610.960.92-0.90.95-0.51
1.0-0.77-0.260.960.290.950.980.990.740.930.88-0.960.490.930.960.370.990.880.880.740.960.96-0.951.0-0.53
0.96-0.8-0.020.870.160.980.960.970.830.830.89-0.870.680.910.890.570.940.780.890.610.920.96-0.940.94-0.38
-0.930.780.1-0.85-0.17-0.96-0.91-0.95-0.83-0.85-0.870.89-0.65-0.9-0.97-0.55-0.92-0.76-0.87-0.57-0.9-0.95-0.94-0.940.63
1.0-0.75-0.30.970.320.950.970.990.720.950.87-0.970.450.930.960.330.990.890.870.760.951.00.94-0.94-0.54
-0.480.40.29-0.44-0.13-0.46-0.42-0.48-0.41-0.48-0.460.55-0.26-0.51-0.71-0.26-0.46-0.41-0.46-0.29-0.51-0.53-0.380.63-0.54
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Sichuan Qiaoyuan Account Relationship Matchups

Sichuan Qiaoyuan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets969.7M1.5B1.9B2.0B2.3B1.6B
Other Current Liab2.2M5.3M2.1M5.9M5.3M5.4M
Total Current Liabilities237.8M293.7M160.7M159.1M143.2M165.1M
Total Stockholder Equity636.4M815.8M1.6B1.7B2.0B1.2B
Retained Earnings168.4M348.7M463.3M617.7M710.4M469.0M
Accounts Payable34.1M71.6M57.9M74.7M85.9M57.7M
Cash36.1M123.6M254.4M227.3M261.3M147.0M
Non Current Assets Total725.8M1.1B1.3B1.4B1.6B1.1B
Non Currrent Assets Other85.5M143.0M63.3M93.8M107.8M91.0M
Net Receivables93.9M99.8M121.7M182.6M209.9M128.5M
Non Current Liabilities Total95.5M380.7M132.6M120.5M138.6M175.0M
Inventory39.1M39.9M45.4M46.1M53.0M42.9M
Other Current Assets2.5M18.6M36.6M43.3M49.8M52.3M
Total Liab333.2M674.5M293.3M279.6M321.5M402.0M
Net Invested Capital735.4M1.2B1.7B1.8B2.1B1.4B
Total Current Assets243.9M360.5M555.2M574.1M660.2M465.8M
Net Working Capital6.1M66.8M394.6M415.0M477.3M238.8M
Intangible Assets28.6M28.7M37.0M36.2M41.6M33.1M

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Other Information on Investing in Sichuan Stock

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