Citic Cash vs Short Term Debt Analysis

600084 Stock

6.39 0.11 1.75%

Citic Guoan financial indicator trend analysis is way more than just evaluating Citic Guoan Wine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citic Guoan Wine is a good investment. Please check the relationship between Citic Guoan Cash and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citic Guoan Wine. 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 Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citic Guoan Wine Cash account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Citic Guoan's Cash and Short Term Debt is 0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Citic Guoan Wine, assuming nothing else is changed. The correlation between historical values of Citic Guoan's Cash and Short Term 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 Cash of Citic Guoan Wine are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Citic Guoan's Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

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Cash

Cash refers to the most liquid asset of Citic Guoan Wine, which is listed under current asset account on Citic Guoan Wine balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Citic Guoan customers. The amounts must be unrestricted with restricted cash listed in a different Citic Guoan 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.

Short Term Debt

Most indicators from Citic Guoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citic Guoan Wine 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 Citic Guoan Wine. 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 December 12, 2024, Selling General Administrative is expected to decline to about 43.4 M. In addition to that, Tax Provision is expected to decline to about 33.8 K

	2021	2023	2024 (projected)
Tax Provision	1.2M	35.6K	33.8K
Other Operating Expenses	21.2M	19.0M	14.3M

Tax Provision Other Operating Expenses

Citic Guoan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt
Total Assets		0.29	0.62	0.55	0.26	0.44	0.86	-0.42	0.52	-0.29	0.5	0.59	0.62	0.57	0.21	0.18	-0.43	0.52	0.54	0.52	0.58	0.54	0.22	0.71	0.55	0.22
Other Current Liab	0.29		0.86	-0.54	0.34	0.51	0.02	-0.02	0.55	-0.65	0.12	0.17	0.85	-0.54	-0.39	0.89	0.12	0.58	0.74	0.28	0.59	0.65	0.45	0.65	0.66	0.45
Total Current Liabilities	0.62	0.86		-0.27	0.43	0.59	0.47	-0.24	0.82	-0.76	0.1	0.44	0.99	-0.2	-0.3	0.78	-0.23	0.74	0.9	0.37	0.79	0.85	0.5	0.85	0.85	0.5
Total Stockholder Equity	0.55	-0.54	-0.27		-0.14	-0.17	0.56	-0.31	-0.18	0.44	0.57	0.31	-0.29	0.95	0.69	-0.61	-0.33	-0.05	-0.3	0.33	-0.13	-0.3	-0.27	-0.06	-0.28	-0.27
Retained Earnings	0.26	0.34	0.43	-0.14		0.08	0.24	-0.69	0.6	-0.76	-0.28	0.76	0.47	-0.05	-0.68	0.6	-0.38	0.71	0.69	0.61	0.63	0.59	0.36	0.77	0.62	0.36
Accounts Payable	0.44	0.51	0.59	-0.17	0.08		0.25	0.14	0.51	-0.31	0.19	0.12	0.59	-0.17	-0.18	0.37	0.14	0.19	0.45	0.0	0.31	0.52	0.17	0.46	0.5	0.17
Cash	0.86	0.02	0.47	0.56	0.24	0.25		-0.5	0.5	-0.31	0.15	0.66	0.48	0.67	0.25	0.03	-0.45	0.51	0.5	0.42	0.51	0.48	0.13	0.58	0.49	0.13
Other Assets	-0.42	-0.02	-0.24	-0.31	-0.69	0.14	-0.5		-0.39	0.36	0.12	-0.78	-0.26	-0.47	0.19	-0.22	0.52	-0.59	-0.43	-0.79	-0.59	-0.31	-0.09	-0.56	-0.35	-0.09
Net Receivables	0.52	0.55	0.82	-0.18	0.6	0.51	0.5	-0.39		-0.83	-0.05	0.67	0.79	-0.08	-0.42	0.61	-0.45	0.68	0.87	0.37	0.7	0.77	0.46	0.77	0.78	0.46
Short Term Investments	-0.29	-0.65	-0.76	0.44	-0.76	-0.31	-0.31	0.36	-0.83		0.34	-0.63	-0.78	0.33	0.67	-0.82	0.21	-0.77	-0.94	-0.31	-0.73	-0.84	-0.61	-0.8	-0.85	-0.61
Inventory	0.5	0.12	0.1	0.57	-0.28	0.19	0.15	0.12	-0.05	0.34		0.03	0.02	0.38	0.56	-0.2	-0.06	-0.08	-0.17	0.28	-0.09	-0.23	-0.14	0.01	-0.21	-0.14
Other Current Assets	0.59	0.17	0.44	0.31	0.76	0.12	0.66	-0.78	0.67	-0.63	0.03		0.44	0.41	-0.23	0.36	-0.41	0.66	0.66	0.74	0.64	0.47	0.26	0.7	0.5	0.26
Total Liab	0.62	0.85	0.99	-0.29	0.47	0.59	0.48	-0.26	0.79	-0.78	0.02	0.44		-0.21	-0.34	0.81	-0.18	0.76	0.92	0.34	0.82	0.9	0.56	0.88	0.91	0.56
Intangible Assets	0.57	-0.54	-0.2	0.95	-0.05	-0.17	0.67	-0.47	-0.08	0.33	0.38	0.41	-0.21		0.61	-0.55	-0.44	0.03	-0.18	0.42	0.0	-0.19	-0.24	0.02	-0.17	-0.24
Common Stock	0.21	-0.39	-0.3	0.69	-0.68	-0.18	0.25	0.19	-0.42	0.67	0.56	-0.23	-0.34	0.61		-0.64	0.06	-0.27	-0.52	-0.08	-0.38	-0.49	-0.27	-0.45	-0.48	-0.27
Property Plant Equipment	0.18	0.89	0.78	-0.61	0.6	0.37	0.03	-0.22	0.61	-0.82	-0.2	0.36	0.81	-0.55	-0.64		0.1	0.66	0.84	0.33	0.68	0.75	0.5	0.73	0.76	0.5
Other Liab	-0.43	0.12	-0.23	-0.33	-0.38	0.14	-0.45	0.52	-0.45	0.21	-0.06	-0.41	-0.18	-0.44	0.06	0.1		-0.28	-0.28	-0.42	-0.31	-0.25	-0.04	-0.37	-0.27	-0.04
Net Tangible Assets	0.52	0.58	0.74	-0.05	0.71	0.19	0.51	-0.59	0.68	-0.77	-0.08	0.66	0.76	0.03	-0.27	0.66	-0.28		0.82	0.58	0.7	0.75	0.49	0.84	0.79	0.49
Deferred Long Term Liab	0.54	0.74	0.9	-0.3	0.69	0.45	0.5	-0.43	0.87	-0.94	-0.17	0.66	0.92	-0.18	-0.52	0.84	-0.28	0.82		0.43	0.83	0.91	0.56	0.91	0.93	0.56
Non Current Assets Total	0.52	0.28	0.37	0.33	0.61	0.0	0.42	-0.79	0.37	-0.31	0.28	0.74	0.34	0.42	-0.08	0.33	-0.42	0.58	0.43		0.5	0.2	-0.05	0.58	0.25	-0.05
Non Currrent Assets Other	0.58	0.59	0.79	-0.13	0.63	0.31	0.51	-0.59	0.7	-0.73	-0.09	0.64	0.82	0.0	-0.38	0.68	-0.31	0.7	0.83	0.5		0.81	0.69	0.86	0.83	0.69
Non Current Liabilities Total	0.54	0.65	0.85	-0.3	0.59	0.52	0.48	-0.31	0.77	-0.84	-0.23	0.47	0.9	-0.19	-0.49	0.75	-0.25	0.75	0.91	0.2	0.81		0.69	0.89	1.0	0.69
Short Long Term Debt	0.22	0.45	0.5	-0.27	0.36	0.17	0.13	-0.09	0.46	-0.61	-0.14	0.26	0.56	-0.24	-0.27	0.5	-0.04	0.49	0.56	-0.05	0.69	0.69		0.5	0.69	1.0
Total Current Assets	0.71	0.65	0.85	-0.06	0.77	0.46	0.58	-0.56	0.77	-0.8	0.01	0.7	0.88	0.02	-0.45	0.73	-0.37	0.84	0.91	0.58	0.86	0.89	0.5		0.9	0.5
Non Current Liabilities Other	0.55	0.66	0.85	-0.28	0.62	0.5	0.49	-0.35	0.78	-0.85	-0.21	0.5	0.91	-0.17	-0.48	0.76	-0.27	0.79	0.93	0.25	0.83	1.0	0.69	0.9		0.69
Short Term Debt	0.22	0.45	0.5	-0.27	0.36	0.17	0.13	-0.09	0.46	-0.61	-0.14	0.26	0.56	-0.24	-0.27	0.5	-0.04	0.49	0.56	-0.05	0.69	0.69	1.0	0.5	0.69

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Citic Guoan Account Relationship Matchups

Citic Guoan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.3B	2.3B	1.4B	1.4B	2.3B
Other Current Liab	56.0M	54.3M	59.9M	2.2M	4.2M	3.9M
Total Current Liabilities	92.7M	140.0M	176.4M	142.1M	158.7M	150.7M
Total Stockholder Equity	2.2B	2.1B	2.2B	1.3B	1.3B	1.6B
Retained Earnings	(1.6B)	(1.7B)	(1.6B)	(2.6B)	(2.6B)	(2.5B)
Accounts Payable	25.9M	76.9M	54.3M	32.6M	71.7M	117.4M
Cash	91.0M	62.6M	145.0M	88.0M	115.8M	110.1M
Other Assets	37.6M	23.9M	261.9M	263.4M	302.9M	318.0M
Net Receivables	75.8M	54.3M	24.7M	26.8M	34.7M	32.9M
Inventory	1.5B	1.6B	1.6B	816.5M	850.9M	1.3B
Other Current Assets	62.9M	47.5M	39.8M	6.6M	6.1M	5.8M
Total Liab	97.6M	147.0M	195.5M	159.9M	193.9M	184.2M
Intangible Assets	110.3M	99.5M	54.3M	44.4M	34.5M	51.1M
Property Plant Equipment	235.3M	231.9M	190.6M	151.6M	136.4M	129.6M
Other Liab	6.3M	4.9M	7.0M	11.6M	10.5M	8.5M
Net Tangible Assets	2.1B	2.1B	2.0B	2.1B	1.9B	1.7B
Deferred Long Term Liab	30.0M	23.9M	15.7M	10.2M	9.2M	8.7M
Non Current Assets Total	574.5M	551.9M	469.3M	429.9M	403.2M	421.1M
Non Currrent Assets Other	611.6M	208.4M	2.7M	2.0M	1.2M	1.2M
Non Current Liabilities Total	4.9M	7.0M	19.1M	17.7M	35.2M	49.7M
Total Current Assets	1.7B	1.7B	1.9B	950.9M	1.0B	1.5B
Net Invested Capital	2.2B	2.1B	2.2B	1.3B	1.3B	1.6B
Net Working Capital	1.6B	1.6B	1.7B	808.8M	857.2M	1.1B

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V	Visa Class A

Other Information on Investing in Citic Stock

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

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Citic Cash vs Short Term Debt Analysis

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

Correlation Coefficient

Cash

Short Term Debt

Citic Guoan fundamental ratios Correlations

Citic Guoan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Citic Guoan fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Citic Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Other	+ 1.0	Non Current Liabilities Total
Short Term Debt	+ 1.0	Short Long Term Debt
Total Liab	+ 0.99	Total Current Liabilities
Intangible Assets	+ 0.95	Total Stockholder Equity
Non Current Liabilities Other	+ 0.93	Deferred Long Term Liab
Deferred Long Term Liab	+ 0.92	Total Liab

Deferred Long Term Liab	- 0.94	Short Term Investments
Non Current Liabilities Other	- 0.85	Short Term Investments
Non Current Liabilities Total	- 0.84	Short Term Investments
Short Term Investments	- 0.83	Net Receivables
Property Plant Equipment	- 0.82	Short Term Investments
Total Current Assets	- 0.8	Short Term Investments