Tsingtao Long Term Debt vs Cash Analysis

600600 Stock

76.96 2.76 3.72%

Tsingtao Brewery financial indicator trend analysis is much more than just breaking down Tsingtao Brewery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsingtao Brewery is a good investment. Please check the relationship between Tsingtao Brewery Long Term Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tsingtao Brewery Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

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

The correlation between Tsingtao Brewery's Long Term Debt and Cash is -0.49. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Tsingtao Brewery Co, assuming nothing else is changed. The correlation between historical values of Tsingtao Brewery's Long Term Debt and Cash 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 Tsingtao Brewery Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Tsingtao Brewery's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Tsingtao Brewery has held for over one year. Long-term debt appears on Tsingtao Brewery Co 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 Tsingtao Brewery Co 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.

Cash

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

Most indicators from Tsingtao Brewery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsingtao Brewery 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 Tsingtao Brewery Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 4.8 B, whereas Tax Provision is forecasted to decline to about 1.1 B.

	2021	2022	2023	2024 (projected)
Operating Income	3.5B	4.3B	4.8B	5.0B
Total Revenue	30.2B	32.2B	33.9B	22.1B

Operating Income Total Revenue

Tsingtao Brewery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.21	0.98	0.81	0.82	0.83	0.9	0.8	0.79	-0.5	-0.65	0.93	0.52	0.99	0.18	0.71	0.85	0.78	0.79	0.82	-0.6	0.59	-0.72	0.56	0.84	0.7
Other Current Liab	0.21		0.22	-0.07	0.04	-0.02	0.19	0.0	-0.08	-0.05	0.0	0.22	-0.61	0.26	0.34	0.1	0.21	0.33	0.06	-0.08	0.17	-0.28	-0.12	0.26	-0.02	0.08
Total Current Liabilities	0.98	0.22		0.78	0.81	0.81	0.88	0.79	0.79	-0.54	-0.62	0.92	0.54	0.99	0.09	0.6	0.76	0.67	0.84	0.83	-0.63	0.63	-0.71	0.55	0.87	0.68
Total Stockholder Equity	0.81	-0.07	0.78		0.97	0.99	0.75	0.94	0.97	-0.54	-0.75	0.78	0.74	0.77	0.1	0.77	0.72	0.62	0.8	0.78	-0.7	0.8	-0.71	0.57	0.81	0.71
Other Liab	0.82	0.04	0.81	0.97		0.99	0.7	0.97	0.96	-0.62	-0.72	0.76	0.64	0.8	-0.01	0.68	0.7	0.59	0.85	0.79	-0.7	0.76	-0.8	0.71	0.84	0.79
Retained Earnings	0.83	-0.02	0.81	0.99	0.99		0.74	0.95	0.97	-0.59	-0.73	0.77	0.69	0.8	0.03	0.72	0.72	0.61	0.84	0.8	-0.71	0.79	-0.78	0.64	0.84	0.77
Accounts Payable	0.9	0.19	0.88	0.75	0.7	0.74		0.65	0.66	-0.51	-0.51	0.87	0.49	0.88	0.46	0.78	0.85	0.84	0.57	0.6	-0.46	0.46	-0.47	0.31	0.62	0.46
Cash	0.8	0.0	0.79	0.94	0.97	0.95	0.65		0.95	-0.49	-0.77	0.78	0.69	0.79	-0.05	0.66	0.62	0.51	0.86	0.82	-0.66	0.78	-0.77	0.72	0.87	0.76
Other Assets	0.79	-0.08	0.79	0.97	0.96	0.97	0.66	0.95		-0.51	-0.77	0.75	0.74	0.78	-0.09	0.64	0.6	0.46	0.89	0.87	-0.76	0.89	-0.76	0.61	0.9	0.75
Long Term Debt	-0.5	-0.05	-0.54	-0.54	-0.62	-0.59	-0.51	-0.49	-0.51		-0.03	-0.29	-0.29	-0.47	0.15	-0.23	-0.53	-0.36	-0.45	-0.36	0.38	-0.3	0.57	-0.47	-0.41	-0.57
Net Receivables	-0.65	0.0	-0.62	-0.75	-0.72	-0.73	-0.51	-0.77	-0.77	-0.03		-0.76	-0.58	-0.66	-0.12	-0.62	-0.44	-0.43	-0.72	-0.72	0.53	-0.76	0.46	-0.47	-0.75	-0.45
Inventory	0.93	0.22	0.92	0.78	0.76	0.77	0.87	0.78	0.75	-0.29	-0.76		0.56	0.94	0.35	0.75	0.75	0.76	0.74	0.75	-0.57	0.57	-0.6	0.47	0.79	0.57
Other Current Assets	0.52	-0.61	0.54	0.74	0.64	0.69	0.49	0.69	0.74	-0.29	-0.58	0.56		0.5	-0.13	0.41	0.3	0.19	0.63	0.69	-0.62	0.8	-0.4	0.2	0.72	0.41
Total Liab	0.99	0.26	0.99	0.77	0.8	0.8	0.88	0.79	0.78	-0.47	-0.66	0.94	0.5		0.14	0.63	0.77	0.7	0.83	0.82	-0.61	0.6	-0.7	0.57	0.86	0.68
Intangible Assets	0.18	0.34	0.09	0.1	-0.01	0.03	0.46	-0.05	-0.09	0.15	-0.12	0.35	-0.13	0.14		0.62	0.45	0.64	-0.27	-0.23	0.21	-0.25	0.22	-0.2	-0.25	-0.22
Common Stock	0.71	0.1	0.6	0.77	0.68	0.72	0.78	0.66	0.64	-0.23	-0.62	0.75	0.41	0.63	0.62		0.84	0.88	0.36	0.48	-0.35	0.41	-0.41	0.31	0.42	0.43
Property Plant Equipment	0.85	0.21	0.76	0.72	0.7	0.72	0.85	0.62	0.6	-0.53	-0.44	0.75	0.3	0.77	0.45	0.84		0.94	0.46	0.5	-0.41	0.3	-0.66	0.49	0.48	0.66
Good Will	0.78	0.33	0.67	0.62	0.59	0.61	0.84	0.51	0.46	-0.36	-0.43	0.76	0.19	0.7	0.64	0.88	0.94		0.31	0.37	-0.26	0.15	-0.47	0.36	0.35	0.47
Short Term Investments	0.79	0.06	0.84	0.8	0.85	0.84	0.57	0.86	0.89	-0.45	-0.72	0.74	0.63	0.83	-0.27	0.36	0.46	0.31		0.88	-0.83	0.82	-0.78	0.64	0.96	0.75
Net Tangible Assets	0.82	-0.08	0.83	0.78	0.79	0.8	0.6	0.82	0.87	-0.36	-0.72	0.75	0.69	0.82	-0.23	0.48	0.5	0.37	0.88		-0.69	0.87	-0.64	0.49	0.96	0.63
Other Stockholder Equity	-0.6	0.17	-0.63	-0.7	-0.7	-0.71	-0.46	-0.66	-0.76	0.38	0.53	-0.57	-0.62	-0.61	0.21	-0.35	-0.41	-0.26	-0.83	-0.69		-0.68	0.66	-0.33	-0.74	-0.66
Deferred Long Term Liab	0.59	-0.28	0.63	0.8	0.76	0.79	0.46	0.78	0.89	-0.3	-0.76	0.57	0.8	0.6	-0.25	0.41	0.3	0.15	0.82	0.87	-0.68		-0.5	0.4	0.86	0.5
Long Term Investments	-0.72	-0.12	-0.71	-0.71	-0.8	-0.78	-0.47	-0.77	-0.76	0.57	0.46	-0.6	-0.4	-0.7	0.22	-0.41	-0.66	-0.47	-0.78	-0.64	0.66	-0.5		-0.83	-0.73	-1.0
Short Long Term Debt	0.56	0.26	0.55	0.57	0.71	0.64	0.31	0.72	0.61	-0.47	-0.47	0.47	0.2	0.57	-0.2	0.31	0.49	0.36	0.64	0.49	-0.33	0.4	-0.83		0.58	0.81
Total Current Assets	0.84	-0.02	0.87	0.81	0.84	0.84	0.62	0.87	0.9	-0.41	-0.75	0.79	0.72	0.86	-0.25	0.42	0.48	0.35	0.96	0.96	-0.74	0.86	-0.73	0.58		0.7
Short Term Debt	0.7	0.08	0.68	0.71	0.79	0.77	0.46	0.76	0.75	-0.57	-0.45	0.57	0.41	0.68	-0.22	0.43	0.66	0.47	0.75	0.63	-0.66	0.5	-1.0	0.81	0.7

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Tsingtao Brewery Account Relationship Matchups

Tsingtao Brewery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.3B	41.5B	46.6B	50.3B	49.3B	26.0B
Other Current Liab	8.1B	9.3B	11.5B	478.8M	359.5M	341.5M
Total Current Liabilities	13.4B	15.5B	18.3B	19.7B	16.9B	9.6B
Total Stockholder Equity	19.2B	20.6B	23.0B	25.5B	27.4B	28.8B
Other Liab	3.3B	4.0B	4.5B	4.4B	5.1B	5.3B
Retained Earnings	14.4B	15.9B	18.0B	18.5B	20.3B	21.4B
Accounts Payable	2.3B	2.6B	3.2B	3.7B	3.1B	2.1B
Cash	15.3B	18.5B	14.6B	17.9B	19.3B	20.2B
Other Assets	1.4B	1.6B	1.9B	2.4B	2.7B	2.9B
Net Receivables	267.0M	119.5M	124.7M	119.6M	100.4M	95.4M
Inventory	3.2B	3.3B	3.5B	4.2B	3.5B	2.5B
Other Current Assets	712.7M	725.0M	683.1M	6.2B	4.4B	4.6B
Total Liab	17.4B	20.1B	22.8B	24.0B	21.0B	12.0B
Intangible Assets	2.6B	2.5B	2.5B	2.6B	2.5B	2.0B
Property Plant Equipment	10.7B	10.5B	10.8B	11.1B	12.7B	8.7B
Short Term Investments	1.5B	1.9B	2.8B	2.7B	1.9B	2.0B
Net Tangible Assets	14.1B	15.3B	16.8B	19.2B	22.1B	16.2B
Other Stockholder Equity	(44.7M)	(47.3M)	(19.9M)	(59.6M)	(53.7M)	(56.4M)
Deferred Long Term Liab	33.1M	35.3M	86.3M	127.0M	146.1M	153.4M
Short Long Term Debt	270.9M	703.3M	245.8M	225.4M	259.2M	320.0M
Total Current Assets	21.0B	24.6B	29.0B	32.0B	29.6B	23.5B
Non Current Assets Total	16.3B	16.9B	17.6B	18.3B	19.6B	19.2B
Non Currrent Assets Other	72.9M	57.7M	86.9M	74.2M	108.7M	78.1M
Non Current Liabilities Total	4.0B	4.6B	4.5B	4.4B	4.1B	4.2B
Non Current Liabilities Other	37.7M	462.0M	24.5M	16.3M	16.2M	15.4M
Net Invested Capital	19.4B	21.3B	23.2B	25.7B	27.4B	24.0B
Net Working Capital	7.6B	9.1B	10.7B	12.3B	12.7B	9.7B

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

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Tsingtao Long Term Debt vs Cash Analysis

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash

Tsingtao Brewery fundamental ratios Correlations

Tsingtao Brewery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tsingtao Brewery fundamental ratios Accounts

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Other Information on Investing in Tsingtao Stock

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Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Other Liab
Total Current Liabilities	+ 0.98	Total Assets
Other Liab	+ 0.97	Total Stockholder Equity

Short Term Debt	- 1.0	Long Term Investments
Short Long Term Debt	- 0.83	Long Term Investments
Other Stockholder Equity	- 0.83	Short Term Investments
Long Term Investments	- 0.8	Other Liab
Long Term Investments	- 0.78	Short Term Investments
Long Term Investments	- 0.78	Retained Earnings