Guangxi Other Assets vs Total Current Liabilities Analysis

600236 Stock   6.90  0.04  0.58%   
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 Other Assets 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.

Other Assets vs Total Current Liabilities

Other Assets 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 Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Guangxi Guiguan's Other Assets and Total Current Liabilities is 0.33. Overlapping area represents the amount of variation of Other Assets 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 Other Assets 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 Other Assets 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 Other Assets i.e., Guangxi Guiguan's Other Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

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.
As of December 13, 2024, Selling General Administrative is expected to decline to about 169.8 M. In addition to that, Tax Provision is expected to decline to about 170.4 M
 2021 2022 2023 2024 (projected)
Operating Income2.7B4.9B2.0B2.2B
Total Revenue8.4B10.6B8.1B5.7B

Guangxi Guiguan fundamental ratios Correlations

0.550.690.830.270.920.010.410.860.360.550.950.820.820.990.410.570.750.650.560.370.49-0.1-0.660.130.52
0.55-0.010.370.620.67-0.60.480.38-0.03-0.070.530.450.340.530.570.10.640.220.01-0.02-0.03-0.61-0.25-0.080.03
0.69-0.010.880.150.610.550.020.730.370.90.60.790.90.690.330.670.310.750.760.690.730.49-0.790.180.87
0.830.370.880.420.840.280.170.810.180.790.680.920.980.820.480.510.440.770.760.710.620.17-0.880.10.8
0.270.620.150.420.47-0.2-0.080.38-0.190.230.090.430.360.270.71-0.210.00.510.380.340.44-0.13-0.330.280.42
0.920.670.610.840.47-0.180.360.790.110.490.820.850.770.930.380.340.660.610.480.30.42-0.27-0.71-0.010.5
0.01-0.60.550.28-0.2-0.18-0.460.260.340.66-0.050.160.32-0.010.170.48-0.30.340.620.670.450.72-0.330.290.56
0.410.480.020.17-0.080.36-0.46-0.03-0.08-0.330.550.250.180.37-0.140.240.77-0.17-0.33-0.32-0.19-0.210.14-0.19-0.19
0.860.380.730.810.380.790.26-0.030.510.720.730.760.790.870.540.50.40.770.830.630.730.03-0.680.310.67
0.36-0.030.370.18-0.190.110.34-0.080.510.390.420.180.30.330.320.630.250.340.350.30.430.23-0.050.450.23
0.55-0.070.90.790.230.490.66-0.330.720.390.390.710.810.530.470.530.030.810.840.810.70.43-0.830.310.88
0.950.530.60.680.090.82-0.050.550.730.420.390.710.70.930.320.670.880.490.360.180.36-0.12-0.50.060.38
0.820.450.790.920.430.850.160.250.760.180.710.710.920.790.420.480.490.820.650.590.590.17-0.810.220.79
0.820.340.90.980.360.770.320.180.790.30.810.70.920.80.510.60.460.790.760.720.640.27-0.850.170.82
0.990.530.690.820.270.93-0.010.370.870.330.530.930.790.80.370.540.730.60.570.330.5-0.13-0.660.040.49
0.410.570.330.480.710.380.17-0.140.540.320.470.320.420.510.370.360.210.570.50.550.41-0.02-0.420.350.5
0.570.10.670.51-0.210.340.480.240.50.630.530.670.480.60.540.360.620.340.360.390.30.28-0.420.00.44
0.750.640.310.440.00.66-0.30.770.40.250.030.880.490.460.730.210.620.12-0.04-0.12-0.01-0.31-0.26-0.240.06
0.650.220.750.770.510.610.34-0.170.770.340.810.490.820.790.60.570.340.120.810.730.810.39-0.710.610.91
0.560.010.760.760.380.480.62-0.330.830.350.840.360.650.760.570.50.36-0.040.810.880.830.41-0.690.430.82
0.37-0.020.690.710.340.30.67-0.320.630.30.810.180.590.720.330.550.39-0.120.730.880.670.46-0.630.430.82
0.49-0.030.730.620.440.420.45-0.190.730.430.70.360.590.640.50.410.3-0.010.810.830.670.57-0.430.610.8
-0.1-0.610.490.17-0.13-0.270.72-0.210.030.230.43-0.120.170.27-0.13-0.020.28-0.310.390.410.460.57-0.110.460.58
-0.66-0.25-0.79-0.88-0.33-0.71-0.330.14-0.68-0.05-0.83-0.5-0.81-0.85-0.66-0.42-0.42-0.26-0.71-0.69-0.63-0.43-0.110.07-0.76
0.13-0.080.180.10.28-0.010.29-0.190.310.450.310.060.220.170.040.350.0-0.240.610.430.430.610.460.070.44
0.520.030.870.80.420.50.56-0.190.670.230.880.380.790.820.490.50.440.060.910.820.820.80.58-0.760.44
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Guangxi Guiguan Account Relationship Matchups

Guangxi Guiguan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.0B44.8B44.4B45.2B47.3B27.2B
Other Current Liab1.5B4.0B2.1B611.6M201.1M191.0M
Total Current Liabilities9.9B6.4B8.6B11.4B13.3B14.0B
Total Stockholder Equity14.5B16.7B16.8B18.9B18.3B19.2B
Other Liab192.1M134.5M539.8M154.7M139.3M112.0M
Retained Earnings5.3B6.0B5.8B5.6B4.4B2.5B
Accounts Payable120.2M199.3M165.3M1.8B1.9B1.9B
Cash1.9B1.9B1.6B597.2M740.4M1.4B
Net Receivables1.0B1.3B1.4B1.4B1.6B823.8M
Inventory246.8M164.6M241.6M190.2M244.1M156.6M
Other Current Assets467.9M323.6M432.4M716.3M612.6M643.3M
Total Liab26.8B25.4B24.8B23.3B26.2B16.9B
Intangible Assets707.3M701.2M688.0M674.5M669.6M703.1M
Property Plant Equipment38.0B38.2B38.1B38.5B44.3B22.3B
Other Assets156.8M179.9M646.5M262.6M236.4M257.8M
Long Term Debt16.8B18.5B15.6B11.3B12.0B12.6B
Net Tangible Assets13.5B15.7B15.8B17.9B20.6B15.7B
Other Stockholder Equity5.8M11.8M1.5B2.1B2.4B2.6B
Short Long Term Debt4.9B1.9B1.9B3.4B8.5B8.9B
Total Current Assets3.6B3.7B3.7B3.0B3.4B3.0B
Non Current Assets Total40.3B41.1B40.7B42.3B43.9B44.7B
Non Currrent Assets Other40.3B514.4M233.5M1.4B1.4B1.3B
Non Current Liabilities Total16.9B19.0B16.1B11.9B12.9B13.4B
Non Current Liabilities Other19.4B16.8B444.7M64.7M58.2M55.3M
Net Debt19.8B18.5B15.9B14.1B19.7B14.5B
Deferred Long Term Liab6.3M3.5M1.1M289.7K260.7K247.7K
Net Invested Capital36.1B37.1B34.3B33.6B38.7B39.6B
Net Working Capital(6.3B)(2.7B)(4.9B)(8.4B)(9.9B)(9.4B)

Currently Active Assets on Macroaxis

Other Information on Investing in Guangxi Stock

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.