Guizhou Accounts Payable vs Deferred Long Term Liab Analysis

600996 Stock   9.48  0.19  1.96%   
Guizhou BroadcastingTV financial indicator trend analysis is much more than just examining Guizhou BroadcastingTV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou BroadcastingTV is a good investment. Please check the relationship between Guizhou BroadcastingTV Accounts Payable and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou BroadcastingTV Info. 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.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guizhou BroadcastingTV Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guizhou BroadcastingTV's Accounts Payable and Deferred Long Term Liab is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Guizhou BroadcastingTV Info, assuming nothing else is changed. The correlation between historical values of Guizhou BroadcastingTV's Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Guizhou BroadcastingTV Info are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Guizhou BroadcastingTV's Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Guizhou BroadcastingTV obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guizhou BroadcastingTV are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Guizhou BroadcastingTV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou BroadcastingTV 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 Guizhou BroadcastingTV Info. 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 205.3 M, whereas Tax Provision is projected to grow to (1.2 M).
 2022 2023 2024 2025 (projected)
Cost Of Revenue3.3B2.0B2.4B1.9B
Research Development16.6M13.3M12.0M11.4M

Guizhou BroadcastingTV fundamental ratios Correlations

-0.230.890.890.90.970.20.910.840.970.810.780.990.730.890.990.170.840.880.980.830.890.910.94-0.960.92
-0.23-0.47-0.14-0.4-0.210.29-0.390.07-0.230.18-0.52-0.22-0.65-0.28-0.160.69-0.11-0.08-0.31-0.380.01-0.46-0.290.4-0.28
0.89-0.470.750.980.870.10.980.690.850.70.910.890.930.830.86-0.160.750.790.950.820.790.920.91-0.960.94
0.89-0.140.750.730.90.380.750.690.890.830.590.810.540.930.90.450.960.890.830.660.750.690.71-0.780.8
0.9-0.40.980.730.840.061.00.740.830.690.890.910.890.790.85-0.130.720.750.950.850.850.910.94-0.950.93
0.97-0.210.870.90.840.190.870.790.970.840.690.950.670.890.990.230.870.940.950.740.830.850.86-0.940.93
0.20.290.10.380.060.190.080.250.180.380.040.140.010.410.190.410.490.270.09-0.040.210.00.12-0.060.16
0.91-0.390.980.751.00.870.080.780.870.710.890.920.890.810.88-0.10.750.80.970.840.870.910.95-0.960.95
0.840.070.690.690.740.790.250.780.860.720.510.860.470.650.840.290.70.810.830.570.970.650.85-0.80.84
0.97-0.230.850.890.830.970.180.870.860.790.710.960.680.870.980.210.850.920.960.750.880.860.9-0.940.92
0.810.180.70.830.690.840.380.710.720.790.570.770.450.730.830.520.790.840.770.640.790.640.73-0.720.81
0.78-0.520.910.590.890.690.040.890.510.710.570.790.960.670.7-0.310.520.540.830.910.640.920.86-0.840.77
0.99-0.220.890.810.910.950.140.920.860.960.770.790.740.830.970.080.760.840.980.830.90.930.96-0.970.92
0.73-0.650.930.540.890.670.010.890.470.680.450.960.740.690.66-0.460.530.540.80.790.590.880.82-0.840.77
0.89-0.280.830.930.790.890.410.810.650.870.730.670.830.690.890.190.940.860.850.640.710.760.76-0.830.82
0.99-0.160.860.90.850.990.190.880.840.980.830.70.970.660.890.250.870.920.960.760.880.860.89-0.940.92
0.170.69-0.160.45-0.130.230.41-0.10.290.210.52-0.310.08-0.460.190.250.40.360.04-0.060.25-0.18-0.050.060.07
0.84-0.110.750.960.720.870.490.750.70.850.790.520.760.530.940.870.40.930.790.520.750.610.67-0.760.82
0.88-0.080.790.890.750.940.270.80.810.920.840.540.840.540.860.920.360.930.870.560.830.670.75-0.840.91
0.98-0.310.950.830.950.950.090.970.830.960.770.830.980.80.850.960.040.790.870.850.90.930.96-0.990.96
0.83-0.380.820.660.850.74-0.040.840.570.750.640.910.830.790.640.76-0.060.520.560.850.690.930.86-0.820.74
0.890.010.790.750.850.830.210.870.970.880.790.640.90.590.710.880.250.750.830.90.690.730.9-0.860.9
0.91-0.460.920.690.910.850.00.910.650.860.640.920.930.880.760.86-0.180.610.670.930.930.730.94-0.940.85
0.94-0.290.910.710.940.860.120.950.850.90.730.860.960.820.760.89-0.050.670.750.960.860.90.94-0.960.92
-0.960.4-0.96-0.78-0.95-0.94-0.06-0.96-0.8-0.94-0.72-0.84-0.97-0.84-0.83-0.940.06-0.76-0.84-0.99-0.82-0.86-0.94-0.96-0.96
0.92-0.280.940.80.930.930.160.950.840.920.810.770.920.770.820.920.070.820.910.960.740.90.850.92-0.96
Click cells to compare fundamentals

Guizhou BroadcastingTV Account Relationship Matchups

Guizhou BroadcastingTV fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.2B17.9B18.0B17.3B19.9B11.5B
Other Current Liab1.6B1.9B101.6M100.2M90.2M85.7M
Total Current Liabilities7.2B9.2B9.1B10.1B11.6B12.2B
Total Stockholder Equity4.6B4.1B5.3B4.0B4.6B3.7B
Other Liab473.0M597.3M1.1B1.1B1.2B1.3B
Accounts Payable3.0B3.0B3.2B3.3B3.8B2.2B
Cash581.6M1.5B260.1M555.6M638.9M886.6M
Other Assets1.7B2.2B3.0B3.1B3.6B3.8B
Long Term Debt3.2B2.9B2.1B2.0B2.3B1.7B
Net Receivables2.3B2.6B3.1B3.0B3.4B1.8B
Inventory202.4M265.2M194.2M137.0M157.5M167.1M
Other Current Assets197.1M1.3B1.3B1.1B1.2B1.3B
Total Liab11.5B13.3B12.1B12.7B14.6B7.6B
Intangible Assets89.5M331.8M321.4M433.9M499.0M524.0M
Property Plant Equipment6.8B7.6B7.8B7.9B9.1B5.1B
Retained Earnings1.7B1.2B1.0B(367.2M)(422.3M)(401.2M)
Net Tangible Assets4.3B4.6B4.5B3.8B4.3B4.2B
Deferred Long Term Liab1.2B1.2B1.1B918.4M1.1B973.4M
Non Current Assets Total11.2B11.7B12.3B11.8B13.6B10.4B
Non Currrent Assets Other71.5M130.7M162.1M92.4M106.3M83.8M
Non Current Liabilities Total4.3B4.0B3.1B2.6B3.0B2.9B
Short Long Term Debt1.8B3.5B3.9B3.7B4.3B2.2B
Total Current Assets5.0B6.2B5.7B5.5B6.3B5.1B
Non Current Liabilities Other25.7M25.4M20.8M15.0M13.5M24.6M
Common Stock Shares Outstanding1.1B1.1B1.2B1.2B1.4B1.2B
Net Invested Capital9.5B10.5B11.3B9.7B11.1B9.8B
Net Working Capital(2.2B)(3.0B)(3.3B)(4.5B)(4.1B)(3.9B)
Net Debt4.4B4.9B5.7B5.2B5.9B4.6B
Capital Stock1.1B1.1B1.2B1.2B1.4B1.2B
Property Plant And Equipment Net7.8B7.9B8.1B7.9B9.1B8.7B
Property Plant And Equipment Gross10.4B11.0B11.9B12.4B14.2B12.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Guizhou Stock

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