Guangxi Good Will vs Total Current Liabilities Analysis

600236 Stock

6.29 0.06 0.94%

Guangxi Guiguan financial indicator trend analysis is much more than just examining Guangxi Guiguan Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Guiguan Electric is a good investment. Please check the relationship between Guangxi Guiguan Good Will and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Guiguan Electric. 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.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Guiguan Electric Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Guangxi Guiguan's Good Will and Total Current Liabilities is 0.76. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Guangxi Guiguan Electric, assuming nothing else is changed. The correlation between historical values of Guangxi Guiguan's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Guangxi Guiguan Electric are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Guangxi Guiguan's Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Total Current Liabilities

Total Current Liabilities is an item on Guangxi Guiguan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guangxi Guiguan Electric are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Guangxi Guiguan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Guiguan Electric 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 Guangxi Guiguan Electric. 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 398.5 M, whereas Tax Provision is forecasted to decline to about 153.4 M.

	2022	2023	2024	2025 (projected)
Operating Income	4.9B	2.0B	2.3B	2.2B
Total Revenue	10.6B	8.1B	9.3B	5.7B

Operating Income Total Revenue

Guangxi Guiguan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Short Term Investments	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.41	0.68	0.8	0.27	0.86	0.16	0.3	0.67	0.45	0.58	0.96	0.81	0.83	0.99	0.41	0.56	0.69	0.69	0.65	0.45	0.57	0.09	-0.69	0.21	0.6
Other Current Liab	0.41		-0.14	0.22	0.59	0.53	-0.62	0.5	0.01	-0.12	-0.18	0.42	0.33	0.28	0.47	0.52	0.09	0.63	0.15	-0.08	-0.09	-0.05	-0.62	-0.16	-0.12	-0.15
Total Current Liabilities	0.68	-0.14		0.9	0.14	0.69	0.69	-0.08	0.94	0.44	0.92	0.6	0.81	0.88	0.64	0.33	0.63	0.23	0.76	0.8	0.75	0.74	0.66	-0.8	0.23	0.87
Total Stockholder Equity	0.8	0.22	0.9		0.39	0.89	0.44	0.08	0.92	0.27	0.83	0.67	0.93	0.98	0.79	0.47	0.52	0.38	0.79	0.81	0.77	0.66	0.38	-0.89	0.16	0.79
Other Liab	0.27	0.59	0.14	0.39		0.46	-0.15	-0.09	0.29	-0.16	0.22	0.1	0.41	0.36	0.27	0.71	-0.21	-0.01	0.51	0.38	0.33	0.44	-0.08	-0.33	0.28	0.33
Retained Earnings	0.86	0.53	0.69	0.89	0.46		0.05	0.31	0.71	0.13	0.59	0.77	0.91	0.89	0.88	0.42	0.46	0.62	0.68	0.55	0.46	0.51	0.01	-0.8	-0.01	0.55
Accounts Payable	0.16	-0.62	0.69	0.44	-0.15	0.05		-0.48	0.67	0.43	0.75	0.08	0.31	0.4	0.07	0.2	0.46	-0.27	0.42	0.69	0.73	0.49	0.81	-0.43	0.33	0.69
Cash	0.3	0.5	-0.08	0.08	-0.09	0.31	-0.48		-0.14	-0.15	-0.37	0.46	0.17	0.14	0.33	-0.16	0.23	0.76	-0.21	-0.37	-0.36	-0.19	-0.28	0.19	-0.22	-0.28
Net Receivables	0.67	0.01	0.94	0.92	0.29	0.71	0.67	-0.14		0.48	0.9	0.56	0.83	0.9	0.63	0.52	0.64	0.23	0.78	0.86	0.87	0.75	0.58	-0.81	0.25	0.87
Inventory	0.45	-0.12	0.44	0.27	-0.16	0.13	0.43	-0.15	0.48		0.46	0.48	0.25	0.36	0.39	0.33	0.61	0.22	0.42	0.47	0.39	0.51	0.35	-0.16	0.5	0.41
Other Current Assets	0.58	-0.18	0.92	0.83	0.22	0.59	0.75	-0.37	0.9	0.46		0.43	0.75	0.82	0.52	0.46	0.53	0.01	0.82	0.87	0.85	0.72	0.6	-0.84	0.34	0.86
Total Liab	0.96	0.42	0.6	0.67	0.1	0.77	0.08	0.46	0.56	0.48	0.43		0.7	0.73	0.95	0.33	0.67	0.83	0.55	0.46	0.26	0.45	0.05	-0.54	0.13	0.47
Intangible Assets	0.81	0.33	0.81	0.93	0.41	0.91	0.31	0.17	0.83	0.25	0.75	0.7		0.94	0.77	0.43	0.51	0.44	0.84	0.7	0.66	0.64	0.34	-0.83	0.26	0.75
Common Stock	0.83	0.28	0.88	0.98	0.36	0.89	0.4	0.14	0.9	0.36	0.82	0.73	0.94		0.81	0.52	0.59	0.46	0.8	0.77	0.73	0.64	0.36	-0.87	0.2	0.76
Property Plant Equipment	0.99	0.47	0.64	0.79	0.27	0.88	0.07	0.33	0.63	0.39	0.52	0.95	0.77	0.81		0.38	0.54	0.73	0.62	0.59	0.37	0.51	-0.02	-0.69	0.07	0.52
Other Assets	0.41	0.52	0.33	0.47	0.71	0.42	0.2	-0.16	0.52	0.33	0.46	0.33	0.43	0.52	0.38		0.36	0.2	0.58	0.51	0.55	0.42	0.05	-0.43	0.36	0.42
Short Term Investments	0.56	0.09	0.63	0.52	-0.21	0.46	0.46	0.23	0.64	0.61	0.53	0.67	0.51	0.59	0.54	0.36		0.64	0.33	0.34	0.37	0.31	0.29	-0.43	0.0	0.4
Long Term Debt	0.69	0.63	0.23	0.38	-0.01	0.62	-0.27	0.76	0.23	0.22	0.01	0.83	0.44	0.46	0.73	0.2	0.64		0.12	-0.03	-0.12	0.04	-0.27	-0.24	-0.23	0.02
Good Will	0.69	0.15	0.76	0.79	0.51	0.68	0.42	-0.21	0.78	0.42	0.82	0.55	0.84	0.8	0.62	0.58	0.33	0.12		0.82	0.75	0.81	0.46	-0.75	0.63	0.87
Net Tangible Assets	0.65	-0.08	0.8	0.81	0.38	0.55	0.69	-0.37	0.86	0.47	0.87	0.46	0.7	0.77	0.59	0.51	0.34	-0.03	0.82		0.9	0.81	0.53	-0.75	0.47	0.91
Other Stockholder Equity	0.45	-0.09	0.75	0.77	0.33	0.46	0.73	-0.36	0.87	0.39	0.85	0.26	0.66	0.73	0.37	0.55	0.37	-0.12	0.75	0.9		0.67	0.57	-0.68	0.46	0.81
Long Term Investments	0.57	-0.05	0.74	0.66	0.44	0.51	0.49	-0.19	0.75	0.51	0.72	0.45	0.64	0.64	0.51	0.42	0.31	0.04	0.81	0.81	0.67		0.58	-0.49	0.61	0.88
Short Long Term Debt	0.09	-0.62	0.66	0.38	-0.08	0.01	0.81	-0.28	0.58	0.35	0.6	0.05	0.34	0.36	-0.02	0.05	0.29	-0.27	0.46	0.53	0.57	0.58		-0.27	0.46	0.72
Total Current Assets	-0.69	-0.16	-0.8	-0.89	-0.33	-0.8	-0.43	0.19	-0.81	-0.16	-0.84	-0.54	-0.83	-0.87	-0.69	-0.43	-0.43	-0.24	-0.75	-0.75	-0.68	-0.49	-0.27		0.0	-0.73
Short Term Debt	0.21	-0.12	0.23	0.16	0.28	-0.01	0.33	-0.22	0.25	0.5	0.34	0.13	0.26	0.2	0.07	0.36	0.0	-0.23	0.63	0.47	0.46	0.61	0.46	0.0		0.5
Non Current Assets Total	0.6	-0.15	0.87	0.79	0.33	0.55	0.69	-0.28	0.87	0.41	0.86	0.47	0.75	0.76	0.52	0.42	0.4	0.02	0.87	0.91	0.81	0.88	0.72	-0.73	0.5

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Guangxi Guiguan Account Relationship Matchups

Guangxi Guiguan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	44.8B	44.4B	45.2B	47.3B	54.4B	27.2B
Other Current Liab	4.0B	2.1B	611.6M	201.1M	231.2M	219.7M
Total Current Liabilities	6.4B	8.6B	11.4B	13.3B	15.3B	16.1B
Total Stockholder Equity	16.7B	16.8B	18.9B	18.3B	21.1B	22.1B
Other Liab	192.1M	134.5M	539.8M	154.7M	139.3M	112.0M
Retained Earnings	6.0B	5.8B	5.6B	4.4B	5.0B	5.3B
Accounts Payable	199.3M	165.3M	1.8B	1.9B	2.1B	2.2B
Cash	1.9B	1.6B	597.2M	740.4M	851.5M	1.4B
Net Receivables	1.3B	1.4B	1.4B	1.6B	1.9B	2.0B
Inventory	164.6M	241.6M	190.2M	244.1M	280.7M	156.6M
Other Current Assets	323.6M	432.4M	716.3M	612.6M	704.5M	739.7M
Total Liab	25.4B	24.8B	23.3B	26.2B	30.1B	16.9B
Intangible Assets	701.2M	688.0M	674.5M	669.6M	770.0M	808.5M
Property Plant Equipment	38.0B	38.2B	38.1B	38.5B	44.3B	22.3B
Other Assets	156.8M	179.9M	646.5M	262.6M	236.4M	257.8M
Long Term Debt	18.5B	15.6B	11.3B	12.0B	13.8B	12.6B
Net Tangible Assets	13.5B	15.7B	15.8B	17.9B	20.6B	15.7B
Other Stockholder Equity	5.8M	11.8M	1.5B	2.1B	2.4B	2.6B
Short Long Term Debt	1.9B	1.9B	3.4B	8.5B	9.7B	10.2B
Total Current Assets	3.7B	3.7B	3.0B	3.4B	3.1B	3.0B
Non Current Assets Total	41.1B	40.7B	42.3B	43.9B	50.5B	44.7B
Non Currrent Assets Other	514.4M	233.5M	1.4B	1.4B	1.2B	1.2B
Non Current Liabilities Total	19.0B	16.1B	11.9B	12.9B	11.6B	13.4B
Non Current Liabilities Other	19.4B	16.8B	444.7M	64.7M	58.2M	55.3M
Net Debt	18.5B	15.9B	14.1B	19.7B	17.7B	14.5B
Deferred Long Term Liab	6.3M	3.5M	1.1M	289.7K	260.7K	247.7K
Net Invested Capital	37.1B	34.3B	33.6B	38.7B	44.5B	39.6B
Net Working Capital	(2.7B)	(4.9B)	(8.4B)	(9.9B)	(8.9B)	(9.4B)
Property Plant And Equipment Net	38.2B	38.1B	38.5B	40.1B	46.1B	42.4B
Property Plant And Equipment Gross	74.6B	76.2B	38.5B	82.0B	73.8B	55.0B

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

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Guangxi Good Will vs Total Current Liabilities Analysis

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Good Will

Total Current Liabilities

Guangxi Guiguan fundamental ratios Correlations

Guangxi Guiguan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangxi Guiguan fundamental ratios Accounts

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Other Information on Investing in Guangxi Stock

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Property Plant Equipment	+ 0.99	Total Assets
Common Stock	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.96	Total Assets
Property Plant Equipment	+ 0.95	Total Liab
Net Receivables	+ 0.94	Total Current Liabilities
Common Stock	+ 0.94	Intangible Assets

Total Current Assets	- 0.89	Total Stockholder Equity
Total Current Assets	- 0.87	Common Stock
Total Current Assets	- 0.84	Other Current Assets
Total Current Assets	- 0.83	Intangible Assets
Total Current Assets	- 0.81	Net Receivables
Total Current Assets	- 0.8	Retained Earnings