Liuzhou Net Income vs Change To Liabilities 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 Net Income and its Change To Liabilities 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.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liuzhou Iron Steel Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have very week relationship.

The correlation between Liuzhou Iron's Net Income and Change To Liabilities is 0.29. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities 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 Net Income and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Liuzhou Iron Steel are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Liuzhou Iron's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Liuzhou Iron Steel financial statement analysis. It represents the amount of money remaining after all of Liuzhou Iron Steel operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.64	0.94	0.65	0.46	0.86	0.83	0.88	-0.55	0.73	-0.01	0.99	0.37	0.97	0.98	0.99	0.6	0.75	-0.26	0.15	0.87	-0.01	0.92	-0.96	0.97	-0.91
Other Current Liab	0.64		0.6	0.73	0.74	0.63	0.44	0.6	-0.38	0.79	0.47	0.58	0.25	0.58	0.53	0.59	0.46	0.61	-0.3	0.4	0.84	0.1	0.64	-0.67	0.54	-0.69
Total Current Liabilities	0.94	0.6		0.67	0.47	0.9	0.8	0.74	-0.29	0.75	0.04	0.94	0.55	0.93	0.86	0.88	0.68	0.74	-0.24	0.2	0.83	0.06	0.8	-0.81	0.85	-0.81
Total Stockholder Equity	0.65	0.73	0.67		0.93	0.79	0.59	0.6	-0.07	0.74	0.46	0.57	0.55	0.67	0.51	0.6	0.6	0.89	-0.46	0.3	0.81	0.11	0.62	-0.57	0.51	-0.61
Retained Earnings	0.46	0.74	0.47	0.93		0.67	0.4	0.5	-0.04	0.61	0.6	0.36	0.33	0.5	0.31	0.42	0.56	0.79	-0.49	0.35	0.72	0.15	0.43	-0.42	0.33	-0.48
Accounts Payable	0.86	0.63	0.9	0.79	0.67		0.76	0.73	-0.34	0.66	0.23	0.83	0.37	0.94	0.79	0.83	0.68	0.88	-0.27	0.17	0.89	0.03	0.79	-0.76	0.8	-0.81
Cash	0.83	0.44	0.8	0.59	0.4	0.76		0.67	-0.33	0.42	-0.34	0.83	0.38	0.81	0.81	0.81	0.74	0.76	-0.44	0.1	0.71	0.07	0.73	-0.75	0.81	-0.71
Other Assets	0.88	0.6	0.74	0.6	0.5	0.73	0.67		-0.67	0.6	0.11	0.85	0.26	0.85	0.87	0.92	0.59	0.66	-0.24	0.16	0.75	0.04	0.86	-0.92	0.88	-0.86
Net Receivables	-0.55	-0.38	-0.29	-0.07	-0.04	-0.34	-0.33	-0.67		-0.3	0.01	-0.54	0.34	-0.53	-0.67	-0.63	-0.08	-0.27	-0.19	0.11	-0.5	0.24	-0.67	0.71	-0.68	0.56
Inventory	0.73	0.79	0.75	0.74	0.61	0.66	0.42	0.6	-0.3		0.43	0.7	0.55	0.67	0.62	0.65	0.37	0.58	-0.03	0.2	0.8	-0.12	0.73	-0.68	0.6	-0.63
Other Current Assets	-0.01	0.47	0.04	0.46	0.6	0.23	-0.34	0.11	0.01	0.43		-0.1	0.14	0.07	-0.13	-0.03	-0.04	0.2	0.08	0.2	0.27	0.0	0.01	0.02	-0.12	-0.06
Total Liab	0.99	0.58	0.94	0.57	0.36	0.83	0.83	0.85	-0.54	0.7	-0.1		0.39	0.95	0.98	0.97	0.58	0.69	-0.21	0.12	0.82	-0.02	0.91	-0.94	0.97	-0.88
Common Stock	0.37	0.25	0.55	0.55	0.33	0.37	0.38	0.26	0.34	0.55	0.14	0.39		0.33	0.25	0.29	0.43	0.31	-0.18	0.22	0.25	0.18	0.25	-0.2	0.2	-0.23
Property Plant Equipment	0.97	0.58	0.93	0.67	0.5	0.94	0.81	0.85	-0.53	0.67	0.07	0.95	0.33		0.94	0.96	0.62	0.82	-0.23	0.1	0.89	-0.03	0.9	-0.9	0.95	-0.89
Long Term Debt	0.98	0.53	0.86	0.51	0.31	0.79	0.81	0.87	-0.67	0.62	-0.13	0.98	0.25	0.94		0.98	0.5	0.68	-0.18	0.03	0.81	-0.09	0.93	-0.96	1.0	-0.88
Other Liab	0.99	0.59	0.88	0.6	0.42	0.83	0.81	0.92	-0.63	0.65	-0.03	0.97	0.29	0.96	0.98		0.57	0.74	-0.28	0.15	0.84	0.02	0.93	-0.97	0.99	-0.92
Short Term Investments	0.6	0.46	0.68	0.6	0.56	0.68	0.74	0.59	-0.08	0.37	-0.04	0.58	0.43	0.62	0.5	0.57		0.66	-0.5	0.51	0.55	0.46	0.49	-0.5	0.52	-0.57
Net Tangible Assets	0.75	0.61	0.74	0.89	0.79	0.88	0.76	0.66	-0.27	0.58	0.2	0.69	0.31	0.82	0.68	0.74	0.66		-0.49	0.25	0.88	0.12	0.76	-0.69	0.71	-0.73
Other Stockholder Equity	-0.26	-0.3	-0.24	-0.46	-0.49	-0.27	-0.44	-0.24	-0.19	-0.03	0.08	-0.21	-0.18	-0.23	-0.18	-0.28	-0.5	-0.49		-0.48	-0.27	-0.51	-0.14	0.23	-0.21	0.43
Short Long Term Debt	0.15	0.4	0.2	0.3	0.35	0.17	0.1	0.16	0.11	0.2	0.2	0.12	0.22	0.1	0.03	0.15	0.51	0.25	-0.48		0.18	0.93	0.08	-0.13	0.07	-0.24
Total Current Assets	0.87	0.84	0.83	0.81	0.72	0.89	0.71	0.75	-0.5	0.8	0.27	0.82	0.25	0.89	0.81	0.84	0.55	0.88	-0.27	0.18		-0.07	0.88	-0.85	0.82	-0.83
Short Term Debt	-0.01	0.1	0.06	0.11	0.15	0.03	0.07	0.04	0.24	-0.12	0.0	-0.02	0.18	-0.03	-0.09	0.02	0.46	0.12	-0.51	0.93	-0.07		-0.1	0.04	-0.05	-0.08
Non Current Assets Total	0.92	0.64	0.8	0.62	0.43	0.79	0.73	0.86	-0.67	0.73	0.01	0.91	0.25	0.9	0.93	0.93	0.49	0.76	-0.14	0.08	0.88	-0.1		-0.95	0.94	-0.89
Non Currrent Assets Other	-0.96	-0.67	-0.81	-0.57	-0.42	-0.76	-0.75	-0.92	0.71	-0.68	0.02	-0.94	-0.2	-0.9	-0.96	-0.97	-0.5	-0.69	0.23	-0.13	-0.85	0.04	-0.95		-0.97	0.92
Non Current Liabilities Total	0.97	0.54	0.85	0.51	0.33	0.8	0.81	0.88	-0.68	0.6	-0.12	0.97	0.2	0.95	1.0	0.99	0.52	0.71	-0.21	0.07	0.82	-0.05	0.94	-0.97		-0.9
Non Current Liabilities Other	-0.91	-0.69	-0.81	-0.61	-0.48	-0.81	-0.71	-0.86	0.56	-0.63	-0.06	-0.88	-0.23	-0.89	-0.88	-0.92	-0.57	-0.73	0.43	-0.24	-0.83	-0.08	-0.89	0.92	-0.9

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Liuzhou Iron Account Relationship Matchups

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.

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Liuzhou Net Income vs Change To Liabilities Analysis

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

Correlation Coefficient

Net Income

Change To Liabilities

Liuzhou Iron fundamental ratios Correlations

Liuzhou Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Liuzhou Iron fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Other Liab
Long Term Debt	+ 0.98	Total Assets
Long Term Debt	+ 0.98	Total Liab

Non Current Liabilities Total	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.97	Other Liab
Non Currrent Assets Other	- 0.96	Long Term Debt
Non Currrent Assets Other	- 0.96	Total Assets
Non Currrent Assets Other	- 0.95	Non Current Assets Total
Non Currrent Assets Other	- 0.94	Total Liab