Liuzhou Capital Expenditures vs Change To Netincome Analysis
601003 Stock | 2.69 0.03 1.10% |
Liuzhou Iron financial indicator trend analysis is infinitely more than just investigating Liuzhou Iron Steel recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liuzhou Iron Steel is a good investment. Please check the relationship between Liuzhou Iron Capital Expenditures and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Liuzhou Iron Steel. 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.
Capital Expenditures vs Change To Netincome
Capital Expenditures vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liuzhou Iron Steel Capital Expenditures account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Liuzhou Iron's Capital Expenditures and Change To Netincome is -0.27. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Liuzhou Iron Steel, assuming nothing else is changed. The correlation between historical values of Liuzhou Iron's Capital Expenditures and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Liuzhou Iron Steel are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., Liuzhou Iron's Capital Expenditures and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Liuzhou Iron Steel to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Liuzhou Iron operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change To Netincome
Most indicators from Liuzhou Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liuzhou Iron Steel 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 Liuzhou Iron Steel. 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. As of January 6, 2025, Selling General Administrative is expected to decline to about 119.8 M. The current year's Tax Provision is expected to grow to about (167.8 M)
Liuzhou Iron fundamental ratios Correlations
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Liuzhou Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liuzhou Iron fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 60.6B | 72.6B | 71.4B | 68.6B | 78.9B | 82.8B | |
Other Current Liab | 2.6B | 5.2B | 3.2B | 1.4B | 1.7B | 1.6B | |
Total Current Liabilities | 19.3B | 29.0B | 27.1B | 25.8B | 29.7B | 31.2B | |
Total Stockholder Equity | 11.8B | 12.6B | 9.8B | 8.8B | 10.1B | 6.9B | |
Retained Earnings | 9.1B | 9.9B | 4.9B | 3.9B | 4.5B | 3.7B | |
Accounts Payable | 11.6B | 14.0B | 14.9B | 12.0B | 13.8B | 14.5B | |
Cash | 4.2B | 4.2B | 8.8B | 6.7B | 7.8B | 8.1B | |
Other Assets | 76.7M | 54.3M | 679.3M | 381.8M | 439.1M | 461.0M | |
Net Receivables | 153.3M | 780.6M | 768.4M | 757.4M | 871.1M | 827.5M | |
Inventory | 9.2B | 16.5B | 8.4B | 9.3B | 10.7B | 6.3B | |
Other Current Assets | 2.9B | 2.6B | 3.2B | 146.6M | 168.6M | 160.1M | |
Total Liab | 35.7B | 46.0B | 48.8B | 47.3B | 54.4B | 57.1B | |
Property Plant Equipment | 31.6B | 39.0B | 43.1B | 45.8B | 52.7B | 55.3B | |
Long Term Debt | 16.1B | 16.7B | 21.4B | 21.2B | 24.3B | 25.5B | |
Other Liab | 71.4M | 317.2M | 295.8M | 329.2M | 378.6M | 397.5M | |
Net Tangible Assets | 10.5B | 12.3B | 10.5B | 11.2B | 12.9B | 9.6B | |
Other Stockholder Equity | 2.2M | 4.9M | 3.8M | 4.8M | 4.3M | 3.3M | |
Short Long Term Debt | 2.8B | 6.0B | 2.4B | 3.0B | 2.7B | 3.4B | |
Total Current Assets | 19.6B | 27.7B | 23.3B | 19.8B | 22.7B | 19.4B | |
Non Current Assets Total | 41.0B | 44.9B | 48.1B | 48.8B | 56.1B | 31.0B | |
Non Currrent Assets Other | 410.0M | 167.2M | 88.0M | 263.2M | 236.9M | 225.0M | |
Non Current Liabilities Total | 16.4B | 17.0B | 21.7B | 21.5B | 24.7B | 26.0B | |
Net Debt | 14.6B | 18.5B | 15.0B | 17.4B | 20.1B | 11.1B | |
Net Invested Capital | 30.6B | 35.3B | 33.6B | 33.0B | 38.0B | 28.2B | |
Net Working Capital | 242.7M | (1.2B) | (3.8B) | (6.0B) | (5.4B) | (5.2B) | |
Intangible Assets | 1.3B | 1.3B | 1.3B | 1.4B | 1.6B | 844.6M | |
Property Plant And Equipment Net | 39.0B | 43.1B | 45.8B | 46.0B | 52.9B | 40.3B | |
Property Plant And Equipment Gross | 50.9B | 56.8B | 45.8B | 64.2B | 73.8B | 52.2B |
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Other Information on Investing in Liuzhou Stock
Balance Sheet is a snapshot of the financial position of Liuzhou Iron Steel at a specified time, usually calculated after every quarter, six months, or one year. Liuzhou Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Liuzhou Iron 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 Liuzhou currently owns. An asset can also be divided into two categories, current and non-current.