Dalian Long Term Investments vs Total Assets 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 Long Term Investments and its Total Assets 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.
Long Term Investments vs Total Assets
Long Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Thermal Power Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dalian Thermal's Long Term Investments and Total Assets is -0.22. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets 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 Long Term Investments and Total Assets 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 Investments of Dalian Thermal Power are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Dalian Thermal's Long Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Dalian Thermal balance sheet that represents investments Dalian Thermal Power intends to hold for over a year. Dalian Thermal Power long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Assets
Total assets refers to the total amount of Dalian Thermal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dalian Thermal Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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) |
Currently Active Assets on Macroaxis
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.