Guizhou Total Assets 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 Total Assets 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.

Total Assets vs Deferred Long Term Liab

Total Assets 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 Total Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guizhou BroadcastingTV's Total Assets and Deferred Long Term Liab is 0.88. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., Guizhou BroadcastingTV's Total Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Guizhou BroadcastingTV 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 Guizhou BroadcastingTV 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.

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
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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

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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.