Inspur Long Term Investments vs Net Tangible Assets Analysis

600756 Stock   16.17  0.01  0.06%   
Inspur Software financial indicator trend analysis is infinitely more than just investigating Inspur Software recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inspur Software is a good investment. Please check the relationship between Inspur Software Long Term Investments and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Inspur Software 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 nation.

Long Term Investments vs Net Tangible Assets

Long Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspur Software Long Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inspur Software's Long Term Investments and Net Tangible Assets is 0.73. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Inspur Software Co, assuming nothing else is changed. The correlation between historical values of Inspur Software's Long Term Investments and Net Tangible 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 Inspur Software Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Investments i.e., Inspur Software's Long Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Inspur Software balance sheet that represents investments Inspur Software intends to hold for over a year. Inspur Software Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Inspur Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inspur Software 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 Inspur Software 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 nation.
The current year's Selling General Administrative is expected to grow to about 187.9 M, whereas Tax Provision is projected to grow to (6.8 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses10.5M2.0B2.3B2.4B
Gross Profit622.9M650.6M879.4M678.4M

Inspur Software fundamental ratios Correlations

0.270.910.82-0.420.730.890.70.83-0.70.750.640.910.690.740.140.05-0.070.89-0.60.740.920.69-0.63-0.75-0.48
0.270.280.31-0.280.290.030.710.19-0.31-0.290.30.280.50.28-0.1-0.14-0.280.2-0.010.380.47-0.27-0.23-0.440.28
0.910.280.56-0.420.450.920.740.72-0.630.720.81.00.430.59-0.11-0.18-0.380.64-0.430.680.830.66-0.74-0.85-0.53
0.820.310.56-0.280.940.560.60.72-0.640.460.430.560.880.830.360.260.280.93-0.590.720.810.55-0.33-0.5-0.03
-0.42-0.28-0.42-0.28-0.11-0.22-0.58-0.01-0.02-0.02-0.16-0.41-0.150.08-0.110.170.31-0.460.36-0.62-0.58-0.470.420.720.31
0.730.290.450.94-0.110.470.470.75-0.680.410.30.450.90.820.340.390.280.83-0.570.680.650.48-0.12-0.390.02
0.890.030.920.56-0.220.470.530.78-0.670.920.670.920.360.64-0.08-0.13-0.240.66-0.40.520.730.66-0.65-0.66-0.65
0.70.710.740.6-0.580.470.530.42-0.510.220.720.730.490.49-0.13-0.17-0.340.56-0.350.730.840.32-0.59-0.82-0.03
0.830.190.720.72-0.010.750.780.42-0.620.720.470.730.710.730.340.030.020.73-0.490.50.680.49-0.44-0.46-0.37
-0.7-0.31-0.63-0.64-0.02-0.68-0.67-0.51-0.62-0.59-0.53-0.63-0.55-0.830.38-0.130.07-0.520.35-0.49-0.53-0.40.310.450.19
0.75-0.290.720.46-0.020.410.920.220.72-0.590.440.730.230.59-0.01-0.04-0.020.59-0.460.320.510.66-0.51-0.38-0.72
0.640.30.80.43-0.160.30.670.720.47-0.530.440.80.280.54-0.28-0.19-0.320.34-0.170.480.640.42-0.64-0.66-0.03
0.910.281.00.56-0.410.450.920.730.73-0.630.730.80.430.59-0.1-0.17-0.370.64-0.430.670.830.66-0.74-0.85-0.53
0.690.50.430.88-0.150.90.360.490.71-0.550.230.280.430.720.450.310.260.79-0.510.590.70.29-0.19-0.40.08
0.740.280.590.830.080.820.640.490.73-0.830.590.540.590.72-0.010.170.140.69-0.420.560.610.46-0.32-0.4-0.05
0.14-0.1-0.110.36-0.110.34-0.08-0.130.340.38-0.01-0.28-0.10.45-0.010.190.50.45-0.370.10.220.110.010.120.02
0.05-0.14-0.180.260.170.39-0.13-0.170.03-0.13-0.04-0.19-0.170.310.170.190.580.24-0.270.27-0.040.150.410.250.06
-0.07-0.28-0.380.280.310.28-0.24-0.340.020.07-0.02-0.32-0.370.260.140.50.580.26-0.38-0.16-0.08-0.080.150.590.18
0.890.20.640.93-0.460.830.660.560.73-0.520.590.340.640.790.690.450.240.26-0.680.730.870.65-0.44-0.56-0.34
-0.6-0.01-0.43-0.590.36-0.57-0.4-0.35-0.490.35-0.46-0.17-0.43-0.51-0.42-0.37-0.27-0.38-0.68-0.54-0.53-0.570.510.310.36
0.740.380.680.72-0.620.680.520.730.5-0.490.320.480.670.590.560.10.27-0.160.73-0.540.740.74-0.36-0.8-0.21
0.920.470.830.81-0.580.650.730.840.68-0.530.510.640.830.70.610.22-0.04-0.080.87-0.530.740.53-0.67-0.79-0.3
0.69-0.270.660.55-0.470.480.660.320.49-0.40.660.420.660.290.460.110.15-0.080.65-0.570.740.53-0.4-0.64-0.51
-0.63-0.23-0.74-0.330.42-0.12-0.65-0.59-0.440.31-0.51-0.64-0.74-0.19-0.320.010.410.15-0.440.51-0.36-0.67-0.40.560.44
-0.75-0.44-0.85-0.50.72-0.39-0.66-0.82-0.460.45-0.38-0.66-0.85-0.4-0.40.120.250.59-0.560.31-0.8-0.79-0.640.560.33
-0.480.28-0.53-0.030.310.02-0.65-0.03-0.370.19-0.72-0.03-0.530.08-0.050.020.060.18-0.340.36-0.21-0.3-0.510.440.33
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Inspur Software Account Relationship Matchups

Inspur Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.9B4.2B4.6B4.5B4.7B
Other Current Liab471.4M953.2M972.1M45.6M13.8M13.1M
Total Current Liabilities1.1B1.7B2.0B2.4B2.1B2.2B
Total Stockholder Equity2.4B2.1B2.2B2.2B2.3B1.3B
Other Liab22.7M198.8K1.6M3.0M3.5M3.3M
Retained Earnings1.1B744.2M786.3M752.9M826.3M502.6M
Accounts Payable560.0M644.5M878.1M1.0B1.2B1.2B
Cash845.3M1.2B2.1B1.2B965.2M506.4M
Other Assets235.2M246.0M247.8M250.0M287.5M301.9M
Net Receivables375.6M232.9M439.6M621.0M829.0M870.4M
Inventory82.7M381.9M506.3M714.6M375.0M225.7M
Total Liab1.1B1.7B2.0B2.4B2.1B2.2B
Intangible Assets212.0M200.2M155.8M135.8M99.0M96.2M
Property Plant Equipment168.3M137.7M97.1M76.4M87.9M96.5M
Other Current Assets85.5M24.7M30.4M52.7M43.8M75.4M
Net Tangible Assets2.3B2.2B1.9B2.0B2.3B2.1B
Deferred Long Term Liab13.4M16.0M19.1M15.3M13.8M13.8M
Total Current Assets2.2B2.8B3.3B2.8B2.5B2.5B
Non Current Assets Total1.3B1.1B892.9M1.8B2.0B1.4B
Non Currrent Assets Other1.3B1.3B4.6M678.9K611.0K580.5K
Non Current Liabilities Total8.9M8.2M7.8M2.3M7.3M13.3M
Net Invested Capital2.4B2.1B2.2B2.2B2.3B1.8B
Net Working Capital1.1B1.0B1.3B475.4M367.0M348.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Inspur Stock

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