China Cash vs Good Will Analysis

600195 Stock   6.43  0.02  0.31%   
China Animal financial indicator trend analysis is way more than just evaluating China Animal Husbandry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Animal Husbandry is a good investment. Please check the relationship between China Animal Cash and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Animal Husbandry. 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 Good Will

Cash vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Animal Husbandry Cash account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Animal's Cash and Good Will is 0.57. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of China Animal Husbandry, assuming nothing else is changed. The correlation between historical values of China Animal's Cash and Good Will 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 China Animal Husbandry are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., China Animal's Cash and Good Will go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

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

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from China Animal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Animal Husbandry 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 China Animal Husbandry. 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 74.3 M, whereas Selling General Administrative is forecasted to decline to about 191.5 M.
 2022 2023 2024 2025 (projected)
Operating Income402.6M239.3M275.2M265.7M
Total Revenue5.9B5.4B6.2B3.4B

China Animal fundamental ratios Correlations

-0.470.650.990.80.980.790.860.56-0.080.780.94-0.470.880.950.870.960.420.590.860.280.480.810.860.82-0.81
-0.47-0.17-0.44-0.4-0.38-0.2-0.62-0.10.06-0.56-0.420.6-0.45-0.4-0.55-0.42-0.260.09-0.48-0.02-0.28-0.35-0.46-0.570.38
0.65-0.170.620.360.630.640.420.76-0.350.360.59-0.150.660.640.470.530.860.380.640.390.410.720.760.52-0.65
0.99-0.440.620.830.990.810.850.59-0.130.80.96-0.470.790.960.910.980.370.610.880.330.540.810.790.85-0.83
0.8-0.40.360.830.840.730.830.33-0.050.740.76-0.530.530.70.870.860.210.60.790.220.290.60.560.83-0.64
0.98-0.380.630.990.840.810.810.63-0.20.770.95-0.480.770.960.920.980.390.610.90.370.560.840.780.85-0.85
0.79-0.20.640.810.730.810.650.49-0.030.70.81-0.240.590.730.710.820.250.570.830.320.230.680.680.84-0.62
0.86-0.620.420.850.830.810.650.30.110.70.78-0.610.730.740.80.840.280.570.730.220.290.560.680.77-0.53
0.56-0.10.760.590.330.630.490.3-0.550.250.53-0.140.410.730.540.510.620.410.640.630.840.830.550.47-0.79
-0.080.06-0.35-0.13-0.05-0.2-0.030.11-0.55-0.01-0.060.370.12-0.28-0.36-0.16-0.450.38-0.39-0.6-0.57-0.44-0.1-0.260.49
0.78-0.560.360.80.740.770.70.70.25-0.010.87-0.420.560.680.80.790.190.380.720.040.310.50.550.79-0.56
0.94-0.420.590.960.760.950.810.780.53-0.060.87-0.370.730.910.860.950.340.610.820.250.50.710.710.81-0.74
-0.470.6-0.15-0.47-0.53-0.48-0.24-0.61-0.140.37-0.42-0.37-0.32-0.42-0.65-0.52-0.170.08-0.63-0.19-0.24-0.45-0.46-0.660.45
0.88-0.450.660.790.530.770.590.730.410.120.560.73-0.320.770.570.720.470.480.630.120.290.70.930.57-0.64
0.95-0.40.640.960.70.960.730.740.73-0.280.680.91-0.420.770.890.930.410.520.860.440.690.880.780.78-0.88
0.87-0.550.470.910.870.920.710.80.54-0.360.80.86-0.650.570.890.940.310.390.920.40.580.770.630.91-0.81
0.96-0.420.530.980.860.980.820.840.51-0.160.790.95-0.520.720.930.940.280.550.890.350.470.760.720.89-0.78
0.42-0.260.860.370.210.390.250.280.62-0.450.190.34-0.170.470.410.310.280.180.380.350.390.490.530.26-0.5
0.590.090.380.610.60.610.570.570.410.380.380.610.080.480.520.390.550.180.350.140.270.360.370.32-0.36
0.86-0.480.640.880.790.90.830.730.64-0.390.720.82-0.630.630.860.920.890.380.350.450.540.90.780.97-0.86
0.28-0.020.390.330.220.370.320.220.63-0.60.040.25-0.190.120.440.40.350.350.140.450.660.50.190.31-0.49
0.48-0.280.410.540.290.560.230.290.84-0.570.310.5-0.240.290.690.580.470.390.270.540.660.690.340.38-0.73
0.81-0.350.720.810.60.840.680.560.83-0.440.50.71-0.450.70.880.770.760.490.360.90.50.690.840.77-0.95
0.86-0.460.760.790.560.780.680.680.55-0.10.550.71-0.460.930.780.630.720.530.370.780.190.340.840.71-0.74
0.82-0.570.520.850.830.850.840.770.47-0.260.790.81-0.660.570.780.910.890.260.320.970.310.380.770.71-0.73
-0.810.38-0.65-0.83-0.64-0.85-0.62-0.53-0.790.49-0.56-0.740.45-0.64-0.88-0.81-0.78-0.5-0.36-0.86-0.49-0.73-0.95-0.74-0.73
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China Animal Account Relationship Matchups

China Animal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.8B7.4B7.9B8.9B10.3B10.8B
Other Current Liab488.4M462.2M661.8M3.8M4.4M4.1M
Total Current Liabilities1.2B1.4B1.4B1.4B1.7B1.0B
Total Stockholder Equity4.5B4.9B5.3B5.5B6.3B6.7B
Other Liab56.2M137.5M127.4M129.7M149.1M156.6M
Retained Earnings2.9B3.3B3.7B3.5B4.0B4.2B
Accounts Payable270.5M413.5M388.2M416.9M479.4M276.4M
Cash1.0B1.2B875.2M1.5B1.7B1.8B
Other Assets343.8M246.5M227.9M200.2M230.2M120.1M
Long Term Debt66.3M78.2M34.2M899.0M1.0B1.1B
Net Receivables403.8M542.6M844.0M863.5M993.0M1.0B
Inventory708.5M879.1M1.1B1.1B1.3B1.3B
Other Current Assets83.6M62.5M13.8M27.9M32.0M30.4M
Total Liab1.4B1.6B1.6B2.4B2.8B2.9B
Intangible Assets754.5M748.2M734.9M815.1M937.3M984.2M
Common Stock601.7M842.4M1.0B1.0B1.2B1.2B
Property Plant Equipment1.5B1.8B2.3B2.7B3.2B3.3B
Net Tangible Assets3.5B3.6B3.8B4.3B4.9B3.7B
Other Stockholder Equity28.7M11.7M52.0M6.2M7.1M6.7M
Deferred Long Term Liab166.0M96.0M99.9M77.1M88.6M101.1M
Total Current Assets2.7B2.8B3.3B3.8B4.4B3.3B
Non Current Assets Total4.0B4.6B4.6B5.1B5.9B4.2B
Non Currrent Assets Other60.7M39.4M41.2M49.7M44.7M42.5M
Non Current Liabilities Total203.8M211.5M165.1M967.3M870.6M914.1M
Short Long Term Debt90M115M265.4M446.3M513.3M539.0M
Non Current Liabilities Other80.3M58.9M91.2M19.8M17.8M17.0M
Net Invested Capital4.6B5.1B5.6B6.9B7.9B5.6B
Net Working Capital1.6B1.5B1.9B2.4B2.7B1.9B
Property Plant And Equipment Net2.3B2.7B2.9B3.3B3.8B2.9B
Property Plant And Equipment Gross3.7B4.3B2.9B5.2B6.0B4.2B

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Other Information on Investing in China Stock

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