Nantong Non Current Assets Total vs Long Term Debt Analysis

600389 Stock   15.70  0.24  1.51%   
Nantong Jiangshan financial indicator trend analysis is infinitely more than just investigating Nantong Jiangshan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Jiangshan is a good investment. Please check the relationship between Nantong Jiangshan Non Current Assets Total and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Jiangshan Agrochemical. 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nantong Jiangshan Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nantong Jiangshan's Non Current Assets Total and Long Term Debt is 0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Nantong Jiangshan Agrochemical, assuming nothing else is changed. The correlation between historical values of Nantong Jiangshan's Non Current Assets Total and 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 Non Current Assets Total of Nantong Jiangshan Agrochemical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Nantong Jiangshan's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Nantong Jiangshan has held for over one year. Long-term debt appears on Nantong Jiangshan Agrochemical balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nantong Jiangshan Agrochemical balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Nantong Jiangshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Jiangshan 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 Nantong Jiangshan Agrochemical. 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 110.8 M, whereas Tax Provision is forecasted to decline to about 53.8 M.
 2021 2022 2023 2024 (projected)
Operating Income980.0M2.1B263.4M356.7M
Total Revenue6.5B8.3B5.1B3.5B

Nantong Jiangshan fundamental ratios Correlations

0.490.820.750.740.80.820.670.750.720.610.910.490.910.560.740.4-0.280.620.85-0.650.74-0.530.880.69-0.75
0.490.470.120.050.30.530.040.10.60.690.580.470.55-0.060.240.17-0.010.310.22-0.30.34-0.20.4-0.03-0.34
0.820.470.420.450.450.630.370.510.420.380.720.450.970.310.420.76-0.380.750.44-0.360.49-0.320.540.52-0.49
0.750.120.420.960.970.620.940.970.680.480.670.360.560.780.690.11-0.260.330.86-0.770.72-0.590.870.71-0.83
0.740.050.450.960.930.610.880.950.610.460.660.360.580.860.70.17-0.340.420.79-0.660.68-0.450.80.69-0.76
0.80.30.450.970.930.730.880.930.750.640.770.470.60.770.740.06-0.230.360.87-0.820.77-0.60.910.63-0.87
0.820.530.630.620.610.730.490.560.590.820.860.670.720.610.780.06-0.010.460.65-0.740.83-0.50.80.44-0.8
0.670.040.370.940.880.880.490.890.720.30.550.250.510.60.510.05-0.050.090.85-0.70.66-0.590.860.84-0.8
0.750.10.510.970.950.930.560.890.590.420.640.350.620.760.670.3-0.430.470.8-0.710.67-0.550.790.68-0.76
0.720.60.420.680.610.750.590.720.590.590.740.370.620.30.41-0.020.170.060.76-0.610.57-0.490.860.58-0.7
0.610.690.380.480.460.640.820.30.420.590.660.740.490.490.75-0.12-0.110.360.48-0.630.73-0.30.650.07-0.68
0.910.580.720.670.660.770.860.550.640.740.660.470.830.530.630.3-0.140.570.74-0.660.6-0.550.820.52-0.69
0.490.470.450.360.360.470.670.250.350.370.740.470.490.450.490.02-0.150.320.29-0.660.71-0.470.490.14-0.73
0.910.550.970.560.580.60.720.510.620.620.490.830.490.380.50.65-0.310.690.6-0.470.59-0.40.70.6-0.62
0.56-0.060.310.780.860.770.610.60.760.30.490.530.450.380.70.04-0.40.450.56-0.570.66-0.330.580.45-0.67
0.740.240.420.690.70.740.780.510.670.410.750.630.490.50.70.01-0.310.530.73-0.60.77-0.280.710.38-0.67
0.40.170.760.110.170.060.060.050.3-0.02-0.120.30.020.650.040.01-0.660.770.020.1-0.080.00.00.190.05
-0.28-0.01-0.38-0.26-0.34-0.23-0.01-0.05-0.430.17-0.11-0.14-0.15-0.31-0.4-0.31-0.66-0.8-0.070.01-0.06-0.050.030.040.01
0.620.310.750.330.420.360.460.090.470.060.360.570.320.690.450.530.77-0.80.25-0.180.25-0.080.230.11-0.2
0.850.220.440.860.790.870.650.850.80.760.480.740.290.60.560.730.02-0.070.25-0.730.71-0.620.940.78-0.77
-0.65-0.3-0.36-0.77-0.66-0.82-0.74-0.7-0.71-0.61-0.63-0.66-0.66-0.47-0.57-0.60.10.01-0.18-0.73-0.770.89-0.81-0.450.89
0.740.340.490.720.680.770.830.660.670.570.730.60.710.590.660.77-0.08-0.060.250.71-0.77-0.530.830.6-0.93
-0.53-0.2-0.32-0.59-0.45-0.6-0.5-0.59-0.55-0.49-0.3-0.55-0.47-0.4-0.33-0.280.0-0.05-0.08-0.620.89-0.53-0.65-0.450.7
0.880.40.540.870.80.910.80.860.790.860.650.820.490.70.580.710.00.030.230.94-0.810.83-0.650.76-0.9
0.69-0.030.520.710.690.630.440.840.680.580.070.520.140.60.450.380.190.040.110.78-0.450.6-0.450.76-0.66
-0.75-0.34-0.49-0.83-0.76-0.87-0.8-0.8-0.76-0.7-0.68-0.69-0.73-0.62-0.67-0.670.050.01-0.2-0.770.89-0.930.7-0.9-0.66
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Nantong Jiangshan Account Relationship Matchups

Nantong Jiangshan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.6B5.7B6.5B6.7B3.4B
Other Current Liab569.4M581.2M712.6M1.1B29.2M27.7M
Total Current Liabilities2.0B2.3B2.8B2.4B2.5B1.6B
Total Stockholder Equity2.0B2.0B2.3B3.3B3.6B3.8B
Other Liab129.3M143.9M170.9M224.4M258.0M270.9M
Retained Earnings1.6B1.5B1.9B2.8B2.4B2.5B
Accounts Payable910.1M1.1B1.6B1.0B972.4M523.5M
Cash662.7M847.8M1.2B2.1B2.5B2.7B
Other Assets79.6M78.9M82.7M119.7M137.6M144.5M
Long Term Debt122.0M85.5M302.8M602.5M202.5M189.3M
Net Receivables771.4M752.7M757.9M919.0M285.8M318.7M
Inventory655.3M524.5M1.0B1.0B816.9M465.2M
Other Current Assets189.1M153.0M116.1M94.5M52.7M74.3M
Total Liab2.2B2.6B3.3B3.2B3.0B2.0B
Intangible Assets226.4M212.1M196.4M181.0M264.6M277.9M
Property Plant Equipment1.4B1.5B1.6B1.6B1.8B1.6B
Net Tangible Assets1.7B1.7B2.1B3.0B3.5B1.9B
Other Stockholder Equity(6.2M)(7.5M)(9.1M)(9.0M)(8.1M)(7.7M)
Deferred Long Term Liab12.8M20.4M14.0M13.3M15.3M10.5M
Total Current Assets2.3B2.5B3.4B4.2B3.8B2.6B
Non Current Assets Total2.0B2.1B2.3B2.3B2.8B2.4B
Non Currrent Assets Other1.7B20M1.8M15.5M48.4M46.0M
Non Current Liabilities Total251.2M229.4M478.4M830.3M426.7M356.9M
Short Long Term Debt421M528.4M300.7M500.5K27.8M26.4M
Net Invested Capital2.6B2.6B3.0B3.9B3.8B3.1B
Net Working Capital304.4M125.7M575.4M1.8B1.3B669.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Nantong Stock

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