Shandong Long Term Debt vs Common Stock Analysis

600529 Stock

24.41 0.19 0.77%

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

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Pharmaceutical Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shandong Pharmaceutical's Long Term Debt and Common Stock is -0.44. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Shandong Pharmaceutical Glass, assuming nothing else is changed. The correlation between historical values of Shandong Pharmaceutical's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Shandong Pharmaceutical Glass are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Shandong Pharmaceutical's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Shandong Pharmaceutical has held for over one year. Long-term debt appears on Shandong Pharmaceutical Glass 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 Shandong Pharmaceutical Glass 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.

Common Stock

Most indicators from Shandong Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Pharmaceutical 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 Shandong Pharmaceutical Glass. 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 January 9, 2025, Selling General Administrative is expected to decline to about 177.4 M. In addition to that, Tax Provision is expected to decline to about 91.6 M

	2022	2023	2024	2025 (projected)
Operating Income	707.2M	898.9M	1.0B	1.1B
Total Revenue	4.2B	5.0B	5.7B	6.0B

Operating Income Total Revenue

Shandong Pharmaceutical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Other Liab	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.27	0.98	1.0	0.99	0.97	0.94	-0.38	0.66	0.98	0.33	0.98	0.95	0.95	0.98	0.96	0.92	0.91	0.88	0.88	-0.67	0.9	0.88	0.32	0.85	0.37
Other Current Liab	0.27		0.31	0.25	0.32	0.29	0.38	-0.1	0.13	0.34	0.42	0.31	0.43	0.32	0.23	0.23	0.34	0.29	0.31	0.35	0.08	0.31	0.19	0.7	0.29	0.66
Total Current Liabilities	0.98	0.31		0.97	0.99	1.0	0.92	-0.44	0.67	0.98	0.41	1.0	0.95	0.98	0.99	0.94	0.96	0.84	0.86	0.91	-0.59	0.87	0.89	0.44	0.9	0.48
Total Stockholder Equity	1.0	0.25	0.97		0.98	0.96	0.94	-0.37	0.66	0.98	0.31	0.97	0.94	0.94	0.97	0.95	0.9	0.92	0.88	0.87	-0.68	0.9	0.88	0.29	0.83	0.34
Retained Earnings	0.99	0.32	0.99	0.98		0.99	0.94	-0.41	0.66	0.98	0.35	1.0	0.97	0.98	0.98	0.94	0.96	0.86	0.87	0.91	-0.6	0.88	0.89	0.41	0.89	0.47
Accounts Payable	0.97	0.29	1.0	0.96	0.99		0.91	-0.45	0.67	0.97	0.42	1.0	0.94	0.97	0.99	0.94	0.95	0.83	0.85	0.9	-0.58	0.86	0.88	0.45	0.89	0.48
Cash	0.94	0.38	0.92	0.94	0.94	0.91		-0.34	0.58	0.9	0.32	0.93	0.95	0.93	0.89	0.84	0.89	0.86	0.84	0.87	-0.58	0.87	0.8	0.29	0.82	0.46
Long Term Debt	-0.38	-0.1	-0.44	-0.37	-0.41	-0.45	-0.34		-0.82	-0.46	-0.43	-0.42	-0.31	-0.44	-0.46	-0.26	-0.44	-0.21	-0.28	-0.29	0.02	-0.29	-0.25	-0.14	-0.26	-0.23
Net Receivables	0.66	0.13	0.67	0.66	0.66	0.67	0.58	-0.82		0.7	0.2	0.66	0.59	0.64	0.68	0.59	0.65	0.56	0.71	0.65	-0.14	0.71	0.66	0.21	0.54	0.21
Inventory	0.98	0.34	0.98	0.98	0.98	0.97	0.9	-0.46	0.7		0.4	0.98	0.93	0.95	0.98	0.95	0.93	0.86	0.87	0.87	-0.6	0.87	0.88	0.42	0.85	0.39
Other Current Assets	0.33	0.42	0.41	0.31	0.35	0.42	0.32	-0.43	0.2	0.4		0.4	0.28	0.48	0.43	0.26	0.38	0.19	0.22	0.33	-0.11	0.2	0.22	0.51	0.38	0.51
Total Liab	0.98	0.31	1.0	0.97	1.0	1.0	0.93	-0.42	0.66	0.98	0.4		0.96	0.98	0.99	0.94	0.96	0.85	0.86	0.91	-0.59	0.87	0.89	0.45	0.9	0.49
Intangible Assets	0.95	0.43	0.95	0.94	0.97	0.94	0.95	-0.31	0.59	0.93	0.28	0.96		0.95	0.92	0.9	0.94	0.86	0.86	0.91	-0.56	0.88	0.86	0.42	0.88	0.53
Common Stock	0.95	0.32	0.98	0.94	0.98	0.97	0.93	-0.44	0.64	0.95	0.48	0.98	0.95		0.97	0.89	0.97	0.81	0.84	0.92	-0.57	0.84	0.86	0.41	0.92	0.52
Property Plant Equipment	0.98	0.23	0.99	0.97	0.98	0.99	0.89	-0.46	0.68	0.98	0.43	0.99	0.92	0.97		0.94	0.95	0.82	0.85	0.88	-0.62	0.85	0.89	0.39	0.89	0.39
Other Assets	0.96	0.23	0.94	0.95	0.94	0.94	0.84	-0.26	0.59	0.95	0.26	0.94	0.9	0.89	0.94		0.86	0.86	0.87	0.85	-0.63	0.87	0.9	0.43	0.83	0.29
Other Liab	0.92	0.34	0.96	0.9	0.96	0.95	0.89	-0.44	0.65	0.93	0.38	0.96	0.94	0.97	0.95	0.86		0.74	0.81	0.89	-0.52	0.8	0.84	0.44	0.91	0.54
Short Term Investments	0.91	0.29	0.84	0.92	0.86	0.83	0.86	-0.21	0.56	0.86	0.19	0.85	0.86	0.81	0.82	0.86	0.74		0.82	0.78	-0.65	0.87	0.77	0.19	0.67	0.36
Net Tangible Assets	0.88	0.31	0.86	0.88	0.87	0.85	0.84	-0.28	0.71	0.87	0.22	0.86	0.86	0.84	0.85	0.87	0.81	0.82		0.96	-0.33	0.99	0.97	0.43	0.88	0.37
Other Stockholder Equity	0.88	0.35	0.91	0.87	0.91	0.9	0.87	-0.29	0.65	0.87	0.33	0.91	0.91	0.92	0.88	0.85	0.89	0.78	0.96		-0.34	0.95	0.96	0.5	0.96	0.54
Long Term Investments	-0.67	0.08	-0.59	-0.68	-0.6	-0.58	-0.58	0.02	-0.14	-0.6	-0.11	-0.59	-0.56	-0.57	-0.62	-0.63	-0.52	-0.65	-0.33	-0.34		-0.37	-0.38	0.17	-0.36	0.03
Total Current Assets	0.9	0.31	0.87	0.9	0.88	0.86	0.87	-0.29	0.71	0.87	0.2	0.87	0.88	0.84	0.85	0.87	0.8	0.87	0.99	0.95	-0.37		0.95	0.38	0.86	0.37
Non Current Assets Total	0.88	0.19	0.89	0.88	0.89	0.88	0.8	-0.25	0.66	0.88	0.22	0.89	0.86	0.86	0.89	0.9	0.84	0.77	0.97	0.96	-0.38	0.95		0.43	0.93	0.32
Non Currrent Assets Other	0.32	0.7	0.44	0.29	0.41	0.45	0.29	-0.14	0.21	0.42	0.51	0.45	0.42	0.41	0.39	0.43	0.44	0.19	0.43	0.5	0.17	0.38	0.43		0.53	0.67
Non Current Liabilities Total	0.85	0.29	0.9	0.83	0.89	0.89	0.82	-0.26	0.54	0.85	0.38	0.9	0.88	0.92	0.89	0.83	0.91	0.67	0.88	0.96	-0.36	0.86	0.93	0.53		0.54
Short Long Term Debt	0.37	0.66	0.48	0.34	0.47	0.48	0.46	-0.23	0.21	0.39	0.51	0.49	0.53	0.52	0.39	0.29	0.54	0.36	0.37	0.54	0.03	0.37	0.32	0.67	0.54

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Shandong Pharmaceutical Account Relationship Matchups

Shandong Pharmaceutical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.6B	6.4B	8.8B	9.3B	10.7B	11.3B
Other Current Liab	156.5M	117.6M	324.5M	69.9M	80.4M	131.4M
Total Current Liabilities	1.3B	1.7B	1.8B	1.7B	2.0B	2.1B
Total Stockholder Equity	4.3B	4.7B	7.0B	7.5B	8.7B	9.1B
Retained Earnings	2.7B	3.1B	3.5B	3.6B	4.1B	4.3B
Accounts Payable	995.8M	1.4B	1.4B	1.4B	1.6B	1.7B
Cash	1.1B	885.0M	1.4B	1.5B	1.7B	1.8B
Net Receivables	640.8M	764.4M	871.7M	970.1M	1.1B	622.7M
Inventory	749.2M	877.7M	1.2B	1.1B	1.2B	1.3B
Other Current Assets	82.5M	62.0M	104.6M	35.0M	40.3M	76.8M
Total Liab	1.4B	1.7B	1.8B	1.8B	2.1B	2.2B
Intangible Assets	203.3M	198.4M	260.4M	253.7M	291.7M	306.3M
Property Plant Equipment	1.9B	2.1B	2.6B	2.8B	3.2B	3.4B
Other Assets	64.4M	161.3M	319.4M	381.9M	439.2M	461.2M
Other Liab	49.7M	60.0M	60.0M	58.9M	67.8M	71.2M
Short Term Investments	230.5M	307.1M	1.1B	1.2B	1.4B	1.5B
Net Tangible Assets	3.7B	4.1B	4.5B	6.7B	7.7B	4.2B
Other Stockholder Equity	62.2M	64.4M	66.2M	75.5M	86.8M	59.8M
Total Current Assets	3.1B	3.3B	5.3B	5.5B	6.4B	3.7B
Non Current Assets Total	2.5B	3.1B	3.5B	3.8B	4.3B	2.7B
Non Currrent Assets Other	131.7M	287.0M	349.9M	16.8M	19.3M	18.3M
Non Current Liabilities Total	60.0M	60.0M	58.9M	57.6M	66.3M	51.7M
Net Invested Capital	4.3B	4.7B	7.0B	7.5B	8.7B	5.4B
Net Working Capital	1.8B	1.7B	3.6B	3.8B	4.4B	2.6B
Property Plant And Equipment Net	2.1B	2.6B	2.8B	3.5B	4.0B	2.8B
Property Plant And Equipment Gross	3.2B	3.8B	2.8B	5.2B	5.9B	3.9B

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Other Information on Investing in Shandong Stock

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

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Shandong Long Term Debt vs Common Stock Analysis

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock

Shandong Pharmaceutical fundamental ratios Correlations

Shandong Pharmaceutical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Pharmaceutical fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Retained Earnings
Total Liab	+ 1.0	Accounts Payable
Retained Earnings	+ 0.99	Total Assets

Net Receivables	- 0.82	Long Term Debt
Long Term Investments	- 0.68	Total Stockholder Equity
Long Term Investments	- 0.67	Total Assets
Long Term Investments	- 0.65	Short Term Investments
Long Term Investments	- 0.63	Other Assets
Long Term Investments	- 0.62	Property Plant Equipment