Dalian Short Term Debt vs Property Plant Equipment 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 Short Term Debt and its Property Plant Equipment 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.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Thermal Power Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dalian Thermal's Short Term Debt and Property Plant Equipment is 0.93. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Dalian Thermal Power are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Dalian Thermal's Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Property Plant Equipment
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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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.