State Retained Earnings vs Short Long Term Debt Analysis

600131 Stock

20.73 0.07 0.34%

State Grid financial indicator trend analysis is much more than just breaking down State Grid Informati prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Grid Informati is a good investment. Please check the relationship between State Grid Retained Earnings and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in State Grid InformationCommunication. 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.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Grid Informati Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between State Grid's Retained Earnings and Short Long Term Debt is -0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of State Grid InformationCommunication, assuming nothing else is changed. The correlation between historical values of State Grid's Retained Earnings and Short Long 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 Retained Earnings of State Grid InformationCommunication are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., State Grid's Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from State Grid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Grid Informati 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 State Grid InformationCommunication. 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 Selling General Administrative is expected to grow to about 362.2 M, whereas Tax Provision is forecasted to decline to about 51.8 M.

	2021	2022	2023	2024 (projected)
Income Before Tax	769.7M	884.0M	903.8M	949.0M
Cost Of Revenue	6.0B	6.0B	6.0B	6.3B

Income Before Tax Cost Of Revenue

State Grid fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Long Term Investments	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.07	0.94	0.99	-0.84	0.97	0.96	0.99	0.97	-0.83	0.94	0.87	0.43	0.99	0.94	0.99	-0.58	0.96	0.99	0.96	0.82	-0.19	-0.54	0.05	-0.86	-0.86
Other Current Liab	0.07		0.23	0.04	-0.05	0.09	0.17	0.06	0.15	-0.21	0.18	0.28	0.38	0.09	0.0	0.11	0.03	0.09	0.07	0.17	-0.07	0.65	0.29	-0.23	-0.29	-0.09
Total Current Liabilities	0.94	0.23		0.92	-0.84	0.94	1.0	0.94	0.97	-0.82	1.0	0.95	0.68	0.93	0.85	0.94	-0.55	0.95	0.94	0.99	0.83	0.07	-0.59	-0.09	-0.98	-0.74
Total Stockholder Equity	0.99	0.04	0.92		-0.81	0.99	0.95	0.98	0.96	-0.8	0.93	0.84	0.35	0.96	0.96	0.97	-0.49	0.98	0.99	0.95	0.83	-0.26	-0.52	0.19	-0.84	-0.81
Other Liab	-0.84	-0.05	-0.84	-0.81		-0.8	-0.85	-0.85	-0.82	0.8	-0.84	-0.86	-0.59	-0.85	-0.7	-0.84	0.63	-0.81	-0.81	-0.84	-0.65	-0.13	0.44	0.24	0.81	0.69
Retained Earnings	0.97	0.09	0.94	0.99	-0.8		0.96	0.95	0.98	-0.79	0.96	0.85	0.41	0.94	0.97	0.96	-0.46	0.99	0.99	0.97	0.86	-0.21	-0.55	0.2	-0.88	-0.76
Accounts Payable	0.96	0.17	1.0	0.95	-0.85	0.96		0.96	0.98	-0.83	1.0	0.94	0.62	0.95	0.89	0.96	-0.56	0.97	0.97	1.0	0.84	-0.01	-0.6	-0.04	-0.96	-0.77
Cash	0.99	0.06	0.94	0.98	-0.85	0.95	0.96		0.95	-0.85	0.94	0.89	0.45	0.98	0.91	0.98	-0.61	0.96	0.98	0.96	0.79	-0.16	-0.54	0.02	-0.87	-0.87
Other Assets	0.97	0.15	0.97	0.96	-0.82	0.98	0.98	0.95		-0.81	0.98	0.89	0.54	0.96	0.94	0.97	-0.53	0.97	0.99	0.98	0.87	-0.1	-0.58	0.04	-0.92	-0.77
Long Term Debt	-0.83	-0.21	-0.82	-0.8	0.8	-0.79	-0.83	-0.85	-0.81		-0.82	-0.81	-0.47	-0.84	-0.75	-0.81	0.77	-0.79	-0.83	-0.82	-0.64	-0.09	0.28	0.13	0.76	0.79
Net Receivables	0.94	0.18	1.0	0.93	-0.84	0.96	1.0	0.94	0.98	-0.82		0.94	0.65	0.94	0.88	0.94	-0.56	0.96	0.96	1.0	0.85	0.02	-0.61	-0.05	-0.97	-0.74
Inventory	0.87	0.28	0.95	0.84	-0.86	0.85	0.94	0.89	0.89	-0.81	0.94		0.73	0.89	0.72	0.88	-0.62	0.88	0.86	0.94	0.67	0.19	-0.59	-0.22	-0.96	-0.73
Other Current Assets	0.43	0.38	0.68	0.35	-0.59	0.41	0.62	0.45	0.54	-0.47	0.65	0.73		0.49	0.24	0.47	-0.5	0.45	0.43	0.61	0.44	0.63	-0.48	-0.63	-0.77	-0.31
Total Liab	0.99	0.09	0.93	0.96	-0.85	0.94	0.95	0.98	0.96	-0.84	0.94	0.89	0.49		0.91	0.99	-0.65	0.93	0.97	0.94	0.79	-0.12	-0.54	-0.07	-0.86	-0.89
Intangible Assets	0.94	0.0	0.85	0.96	-0.7	0.97	0.89	0.91	0.94	-0.75	0.88	0.72	0.24	0.91		0.92	-0.45	0.94	0.97	0.89	0.85	-0.37	-0.48	0.31	-0.76	-0.77
Common Stock	0.99	0.11	0.94	0.97	-0.84	0.96	0.96	0.98	0.97	-0.81	0.94	0.88	0.47	0.99	0.92		-0.56	0.95	0.98	0.95	0.81	-0.14	-0.53	-0.01	-0.86	-0.85
Property Plant Equipment	-0.58	0.03	-0.55	-0.49	0.63	-0.46	-0.56	-0.61	-0.53	0.77	-0.56	-0.62	-0.5	-0.65	-0.45	-0.56		-0.44	-0.55	-0.54	-0.35	-0.11	0.35	0.46	0.52	0.74
Net Tangible Assets	0.96	0.09	0.95	0.98	-0.81	0.99	0.97	0.96	0.97	-0.79	0.96	0.88	0.45	0.93	0.94	0.95	-0.44		0.98	0.98	0.86	-0.18	-0.56	0.17	-0.91	-0.74
Deferred Long Term Liab	0.99	0.07	0.94	0.99	-0.81	0.99	0.97	0.98	0.99	-0.83	0.96	0.86	0.43	0.97	0.97	0.98	-0.55	0.98		0.97	0.85	-0.21	-0.55	0.12	-0.87	-0.82
Total Current Assets	0.96	0.17	0.99	0.95	-0.84	0.97	1.0	0.96	0.98	-0.82	1.0	0.94	0.61	0.94	0.89	0.95	-0.54	0.98	0.97		0.84	-0.02	-0.61	-0.01	-0.97	-0.76
Long Term Investments	0.82	-0.07	0.83	0.83	-0.65	0.86	0.84	0.79	0.87	-0.64	0.85	0.67	0.44	0.79	0.85	0.81	-0.35	0.86	0.85	0.84		-0.2	-0.53	0.22	-0.77	-0.55
Short Long Term Debt	-0.19	0.65	0.07	-0.26	-0.13	-0.21	-0.01	-0.16	-0.1	-0.09	0.02	0.19	0.63	-0.12	-0.37	-0.14	-0.11	-0.18	-0.21	-0.02	-0.2		0.31	-0.69	-0.18	0.1
Short Term Debt	-0.54	0.29	-0.59	-0.52	0.44	-0.55	-0.6	-0.54	-0.58	0.28	-0.61	-0.59	-0.48	-0.54	-0.48	-0.53	0.35	-0.56	-0.55	-0.61	-0.53	0.31		0.07	0.62	0.26
Non Current Assets Total	0.05	-0.23	-0.09	0.19	0.24	0.2	-0.04	0.02	0.04	0.13	-0.05	-0.22	-0.63	-0.07	0.31	-0.01	0.46	0.17	0.12	-0.01	0.22	-0.69	0.07		0.14	0.1
Non Currrent Assets Other	-0.86	-0.29	-0.98	-0.84	0.81	-0.88	-0.96	-0.87	-0.92	0.76	-0.97	-0.96	-0.77	-0.86	-0.76	-0.86	0.52	-0.91	-0.87	-0.97	-0.77	-0.18	0.62	0.14		0.64
Non Current Liabilities Total	-0.86	-0.09	-0.74	-0.81	0.69	-0.76	-0.77	-0.87	-0.77	0.79	-0.74	-0.73	-0.31	-0.89	-0.77	-0.85	0.74	-0.74	-0.82	-0.76	-0.55	0.1	0.26	0.1	0.64

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State Grid Account Relationship Matchups

State Grid fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.9B	11.0B	11.4B	12.0B	13.6B	14.3B
Other Current Liab	532.1M	369.2M	447.7M	528.5M	182.3M	338.5M
Total Current Liabilities	6.0B	6.4B	6.2B	6.3B	7.2B	7.5B
Total Stockholder Equity	2.7B	4.7B	5.1B	5.7B	6.3B	6.6B
Retained Earnings	1.6B	2.0B	2.5B	3.1B	3.4B	3.6B
Accounts Payable	4.6B	5.3B	5.2B	5.4B	6.3B	6.6B
Cash	1.6B	2.6B	2.4B	2.3B	2.7B	2.8B
Other Assets	328.5M	304.0M	327.1M	409.1M	470.5M	494.0M
Net Receivables	5.3B	5.5B	5.3B	5.7B	6.8B	7.1B
Inventory	194.0M	201.2M	243.3M	190.7M	151.1M	158.7M
Other Current Assets	448.0M	305.3M	136.0M	115.0M	152.6M	79.7M
Total Liab	6.2B	6.4B	6.3B	6.3B	7.2B	7.6B
Intangible Assets	365.2M	442.0M	582.9M	1.1B	1.2B	1.3B
Property Plant Equipment	531.6M	839.9M	1.2B	1.0B	1.2B	1.4B
Net Tangible Assets	2.5B	4.4B	4.8B	5.0B	5.8B	6.0B
Deferred Long Term Liab	220.2M	259.9M	294.1M	363.5M	418.1M	439.0M
Total Current Assets	7.5B	9.3B	9.2B	9.5B	11.0B	11.5B
Short Long Term Debt	706.5M	775M	460M	400M	165M	95M
Non Current Assets Total	1.4B	1.8B	2.2B	2.5B	2.6B	2.3B
Non Currrent Assets Other	69.7M	68.5M	(49.3K)	(22.9K)	(20.6K)	(19.6K)
Non Current Liabilities Total	108.5M	4.4K	84.4M	38.6M	68.3M	64.9M
Non Current Liabilities Other	722.1M	25.8M	100M	16.9M	15.2M	14.5M
Net Invested Capital	3.5B	5.1B	5.5B	5.9B	6.4B	4.8B
Net Working Capital	1.5B	2.9B	3.0B	3.3B	3.8B	2.2B

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Other Information on Investing in State Stock

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

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State Retained Earnings vs Short Long Term Debt Analysis

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Long Term Debt

State Grid fundamental ratios Correlations

State Grid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

State Grid fundamental ratios Accounts

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Other Information on Investing in State Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable
Total Current Assets	+ 1.0	Accounts Payable
Total Current Assets	+ 1.0	Net Receivables
Total Stockholder Equity	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.98	Total Current Liabilities
Non Currrent Assets Other	- 0.97	Total Current Assets
Non Currrent Assets Other	- 0.97	Net Receivables
Non Currrent Assets Other	- 0.96	Inventory
Non Currrent Assets Other	- 0.96	Accounts Payable
Non Currrent Assets Other	- 0.92	Other Assets