Dalian Intangible Assets vs Non Current Liabilities Total Analysis
600719 Stock | 7.90 0.29 3.54% |
Dalian Thermal financial indicator trend analysis is much more than just examining Dalian Thermal Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Thermal Power is a good investment. Please check the relationship between Dalian Thermal Intangible Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Thermal Power. 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.
Intangible Assets vs Non Current Liabilities Total
Intangible Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Thermal Power Intangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dalian Thermal's Intangible Assets and Non Current Liabilities Total is -0.21. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Dalian Thermal Power, assuming nothing else is changed. The correlation between historical values of Dalian Thermal's Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Dalian Thermal Power are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., Dalian Thermal's Intangible Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Non Current Liabilities Total
Most indicators from Dalian Thermal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Thermal Power 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 Dalian Thermal Power. 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 Tax Provision is expected to grow to about 11.5 M, whereas Selling General Administrative is forecasted to decline to about 5.2 M.
Dalian Thermal fundamental ratios Correlations
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Dalian Thermal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dalian Thermal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.7B | 2.8B | 2.7B | 2.8B | 2.0B | |
Other Current Liab | 341.3M | 330.8M | 311.5M | 337.4M | 25.1M | 23.8M | |
Total Current Liabilities | 1.3B | 1.1B | 1.4B | 1.4B | 1.4B | 995.4M | |
Total Stockholder Equity | 737.6M | 743.6M | 597.2M | 441.2M | 548.1M | 554.3M | |
Other Liab | 23.4M | 19.5M | 45.3M | 39.4M | 45.4M | 24.9M | |
Retained Earnings | 230.8M | 236.8M | 90.4M | (65.6M) | (134.9M) | (128.2M) | |
Accounts Payable | 237.2M | 198.4M | 405.0M | 474.7M | 438.6M | 232.4M | |
Cash | 208.6M | 522.1M | 322.7M | 159.1M | 84.0M | 157.3M | |
Long Term Debt | 229.3M | 868.6M | 779.7M | 740.6M | 852.0M | 894.6M | |
Net Receivables | 69.5M | 55.7M | 46.8M | 39.0M | 53.0M | 50.4M | |
Inventory | 66.8M | 117.5M | 223.0M | 88.3M | 119.1M | 84.1M | |
Other Current Assets | 318.7M | 272.4M | 121.1M | 404.3M | 6.6M | 6.3M | |
Total Liab | 1.5B | 2.0B | 2.2B | 2.2B | 2.3B | 1.2B | |
Property Plant Equipment | 1.6B | 1.7B | 1.9B | 1.9B | 2.2B | 1.2B | |
Intangible Assets | 909.3K | 864.7K | 835.5K | 819.5K | 737.5K | 700.7K | |
Other Assets | 39.5M | 36.3M | 32.9M | 31.4M | 36.1M | 29.7M | |
Net Tangible Assets | 736.7M | 742.8M | 596.3M | 441.2M | 397.0M | 541.5M | |
Deferred Long Term Liab | 3.9M | 2.8M | 2.0M | 1.3M | 1.2M | 1.2M | |
Total Current Assets | 663.6M | 971.3M | 912.8M | 700.8M | 668.5M | 750.3M | |
Non Current Assets Total | 1.6B | 1.7B | 1.9B | 2.0B | 2.1B | 1.8B | |
Non Currrent Assets Other | 51.6M | 1.6B | 1.7B | 943.4K | 1.1M | 1.0M | |
Non Current Liabilities Total | 252.7M | 888.1M | 833.8M | 787.5M | 895.2M | 527.5M | |
Short Long Term Debt | 550M | 473M | 237.2M | 500.0M | 514.1M | 455.7M | |
Net Debt | 570.7M | 819.5M | 694.2M | 1.1B | 1.3B | 798.9M | |
Net Invested Capital | 1.5B | 2.1B | 1.6B | 1.7B | 1.9B | 1.8B | |
Net Working Capital | (607.1M) | (107.3M) | (466.6M) | (743.8M) | (701.6M) | (736.6M) |
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Other Information on Investing in Dalian Stock
Balance Sheet is a snapshot of the financial position of Dalian Thermal Power at a specified time, usually calculated after every quarter, six months, or one year. Dalian Thermal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dalian Thermal 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 Dalian currently owns. An asset can also be divided into two categories, current and non-current.