Huaibei Non Current Assets Total vs Total Current Assets Analysis

600985 Stock   13.52  0.11  0.82%   
Huaibei Mining financial indicator trend analysis is much more than just examining Huaibei Mining Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaibei Mining Holdings is a good investment. Please check the relationship between Huaibei Mining Non Current Assets Total and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaibei Mining Holdings. 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huaibei Mining Holdings Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huaibei Mining's Non Current Assets Total and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Huaibei Mining Holdings, assuming nothing else is changed. The correlation between historical values of Huaibei Mining's Non Current Assets Total and Total Current 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 Non Current Assets Total of Huaibei Mining Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., Huaibei Mining's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Huaibei Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaibei Mining Holdings 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 Huaibei Mining Holdings. 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.
As of March 2, 2025, Tax Provision is expected to decline to about 656.7 M. In addition to that, Discontinued Operations is expected to decline to about (190.8 M)
 2022 2023 2024 2025 (projected)
Gross Profit16.1B14.0B16.1B10.2B
Total Revenue69.2B73.6B84.6B51.8B

Huaibei Mining fundamental ratios Correlations

-0.05-0.310.980.620.970.90.630.941.00.780.490.92-0.58-0.430.990.72-0.58-0.760.990.720.460.940.210.970.99
-0.050.45-0.11-0.45-0.04-0.27-0.560.11-0.06-0.2-0.350.19-0.10.55-0.03-0.230.46-0.19-0.010.070.49-0.07-0.12-0.06-0.13
-0.310.45-0.38-0.82-0.39-0.66-0.46-0.36-0.3-0.11-0.5-0.230.420.88-0.37-0.570.420.15-0.26-0.010.39-0.47-0.51-0.4-0.37
0.98-0.11-0.380.710.990.920.740.930.980.690.550.85-0.65-0.450.990.83-0.55-0.670.950.60.310.980.30.921.0
0.62-0.45-0.820.710.710.850.670.650.610.270.580.4-0.54-0.770.670.84-0.34-0.170.550.12-0.340.790.60.60.7
0.97-0.04-0.390.990.710.920.70.940.970.650.510.85-0.67-0.420.980.84-0.51-0.650.940.570.30.990.380.910.99
0.9-0.27-0.660.920.850.920.690.860.90.620.530.78-0.65-0.730.910.81-0.59-0.640.870.540.150.930.360.920.92
0.63-0.56-0.460.740.670.70.690.520.630.420.720.39-0.61-0.440.670.81-0.57-0.310.560.21-0.20.70.220.530.73
0.940.11-0.360.930.650.940.860.520.940.620.510.9-0.56-0.390.970.73-0.48-0.70.930.60.430.940.280.910.94
1.0-0.06-0.30.980.610.970.90.630.940.790.490.92-0.57-0.420.990.71-0.59-0.760.990.740.470.940.20.970.98
0.78-0.2-0.110.690.270.650.620.420.620.790.480.8-0.18-0.30.730.22-0.7-0.690.820.920.640.57-0.050.810.71
0.49-0.35-0.50.550.580.510.530.720.510.490.480.42-0.46-0.370.590.48-0.45-0.250.450.35-0.10.550.10.450.55
0.920.19-0.230.850.40.850.780.390.90.920.80.42-0.52-0.330.910.47-0.6-0.910.950.860.70.80.030.950.86
-0.58-0.10.42-0.65-0.54-0.67-0.65-0.61-0.56-0.57-0.18-0.46-0.520.34-0.64-0.690.140.52-0.52-0.250.06-0.68-0.09-0.55-0.61
-0.430.550.88-0.45-0.77-0.42-0.73-0.44-0.39-0.42-0.3-0.37-0.330.34-0.43-0.490.480.32-0.4-0.250.2-0.49-0.25-0.55-0.45
0.99-0.03-0.370.990.670.980.910.670.970.990.730.590.91-0.64-0.430.76-0.57-0.730.970.670.40.970.250.950.99
0.72-0.23-0.570.830.840.840.810.810.730.710.220.480.47-0.69-0.490.76-0.34-0.30.640.07-0.190.890.550.610.81
-0.580.460.42-0.55-0.34-0.51-0.59-0.57-0.48-0.59-0.7-0.45-0.60.140.48-0.57-0.340.62-0.59-0.54-0.36-0.45-0.08-0.65-0.58
-0.76-0.190.15-0.67-0.17-0.65-0.64-0.31-0.7-0.76-0.69-0.25-0.910.520.32-0.73-0.30.62-0.8-0.83-0.73-0.580.28-0.84-0.68
0.99-0.01-0.260.950.550.940.870.560.930.990.820.450.95-0.52-0.40.970.64-0.59-0.80.790.550.90.150.980.96
0.720.07-0.010.60.120.570.540.210.60.740.920.350.86-0.25-0.250.670.07-0.54-0.830.790.780.48-0.280.80.62
0.460.490.390.31-0.340.30.15-0.20.430.470.64-0.10.70.060.20.4-0.19-0.36-0.730.550.780.2-0.340.520.33
0.94-0.07-0.470.980.790.990.930.70.940.940.570.550.8-0.68-0.490.970.89-0.45-0.580.90.480.20.410.880.97
0.21-0.12-0.510.30.60.380.360.220.280.2-0.050.10.03-0.09-0.250.250.55-0.080.280.15-0.28-0.340.410.130.28
0.97-0.06-0.40.920.60.910.920.530.910.970.810.450.95-0.55-0.550.950.61-0.65-0.840.980.80.520.880.130.93
0.99-0.13-0.371.00.70.990.920.730.940.980.710.550.86-0.61-0.450.990.81-0.58-0.680.960.620.330.970.280.93
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Huaibei Mining Account Relationship Matchups

Huaibei Mining fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets67.0B73.5B84.0B87.0B100.0B60.1B
Other Current Liab9.0B10.9B12.3B365.0M419.7M398.7M
Total Current Liabilities28.8B28.4B26.9B27.3B24.6B22.5B
Total Stockholder Equity21.3B27.3B33.4B37.3B42.9B21.8B
Other Liab2.8B2.7B3.6B9.5B10.9B11.5B
Net Tangible Assets9.2B11.2B14.1B17.4B20.0B10.2B
Retained Earnings12.7B16.0B19.6B22.9B26.4B27.7B
Accounts Payable7.3B7.5B7.2B13.9B16.0B8.0B
Cash3.1B5.2B8.5B5.4B6.3B4.4B
Non Current Assets Total53.5B56.9B63.0B68.0B78.2B46.8B
Non Currrent Assets Other1.8B292.5M383.1M1.2B1.4B948.8M
Other Assets2.6B2.4B1.6B2.5B2.9B2.3B
Long Term Debt9.8B8.9B8.9B6.6B7.6B6.9B
Net Receivables1.6B1.8B1.6B2.1B1.9B2.8B
Non Current Liabilities Total12.7B13.2B19.1B18.1B20.8B11.7B
Inventory1.5B2.5B2.8B2.9B3.3B2.2B
Other Current Assets847.9M782.4M1.1B651.6M586.5M660.7M
Other Stockholder Equity535.5M589.2M416.6M1.1B1.0B841.6M
Total Liab41.5B41.7B46.0B45.4B52.3B35.0B
Deferred Long Term Liab24.7M30.4M15.1M14.8M17.0M18.9M
Short Long Term Debt5.9B5.5B2.0B116.3M133.7M127.0M
Total Current Assets13.5B16.5B21.0B19.0B21.8B15.7B
Non Current Liabilities Other(1.3B)722.2M3.7B3.5B4.1B2.1B
Intangible Assets9.9B12.9B15.7B18.2B20.9B10.6B
Common Stock2.1B2.2B2.2B2.5B2.2B2.8B
Property Plant Equipment34.8B36.3B39.5B40.6B46.7B40.9B
Net Debt12.5B9.2B2.4B1.3B1.1B1.1B
Common Stock Shares Outstanding2.2B2.2B2.5B2.5B2.9B2.2B
Net Invested Capital37.0B41.7B44.2B44.0B50.6B36.7B
Net Working Capital(15.3B)(11.9B)(5.9B)(8.4B)(9.6B)(10.1B)
Capital Stock2.2B2.2B2.5B2.5B2.9B2.5B
Property Plant And Equipment Net39.5B40.6B42.7B43.7B50.2B44.6B
Short Term Investments1.1B494.4M2.4B3.2B3.7B3.9B
Property Plant And Equipment Gross63.4B64.8B42.7B43.7B39.3B43.9B

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Other Information on Investing in Huaibei Stock

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