Bank Accounts Payable vs Net Debt Analysis

601009 Stock

10.53 0.03 0.29%

Bank of Nanjing financial indicator trend analysis is way more than just evaluating Bank of Nanjing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Nanjing is a good investment. Please check the relationship between Bank of Nanjing Accounts Payable and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nanjing. 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.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nanjing Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bank of Nanjing's Accounts Payable and Net Debt is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Bank of Nanjing, assuming nothing else is changed. The correlation between historical values of Bank of Nanjing's Accounts Payable and Net Debt 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 Bank of Nanjing are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Bank of Nanjing's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Bank of Nanjing 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 Bank of Nanjing 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Bank of Nanjing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Nanjing 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 Bank of Nanjing. 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 December 19, 2024, Selling General Administrative is expected to decline to about 3.5 B. In addition to that, Tax Provision is expected to decline to about 2.8 B

	2023	2024 (projected)
Operating Income	14.5B	7.9B
Total Revenue	44.3B	46.5B

Operating Income Total Revenue

Bank of Nanjing fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Short Term Investments	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Preferred Stock Total Equity	Total Current Assets	Net Debt	Common Stock Shares Outstanding
Total Assets		0.99	0.52	0.95	0.95	0.39	0.99	-0.6	1.0	0.94	0.97	0.99	0.93	0.39	0.88	0.84	0.15	0.91	0.83	0.73	-0.4	0.78	0.83	0.87	0.87	0.85
Total Stockholder Equity	0.99		0.48	0.94	0.97	0.35	0.99	-0.58	0.99	0.95	0.95	0.98	0.89	0.38	0.9	0.87	0.09	0.94	0.81	0.79	-0.49	0.83	0.79	0.89	0.89	0.9
Other Liab	0.52	0.48		0.61	0.46	0.29	0.47	-0.3	0.52	0.34	0.5	0.56	0.53	0.54	0.43	0.47	-0.01	0.32	0.21	0.09	-0.08	0.52	0.43	0.46	0.57	0.37
Retained Earnings	0.95	0.94	0.61		0.88	0.49	0.94	-0.63	0.95	0.79	0.94	0.95	0.91	0.45	0.87	0.85	0.17	0.85	0.74	0.59	-0.33	0.82	0.84	0.87	0.89	0.84
Accounts Payable	0.95	0.97	0.46	0.88		0.29	0.93	-0.37	0.95	0.94	0.91	0.94	0.8	0.32	0.85	0.83	0.04	0.91	0.77	0.81	-0.52	0.79	0.7	0.84	0.83	0.86
Cash	0.39	0.35	0.29	0.49	0.29		0.39	-0.33	0.39	0.2	0.43	0.46	0.45	0.03	0.38	0.33	0.22	0.42	0.3	-0.05	-0.14	0.35	0.47	0.36	0.49	0.34
Other Assets	0.99	0.99	0.47	0.94	0.93	0.39		-0.67	0.99	0.94	0.96	0.98	0.92	0.41	0.9	0.86	0.12	0.93	0.82	0.75	-0.44	0.82	0.82	0.89	0.9	0.88
Short Term Investments	-0.6	-0.58	-0.3	-0.63	-0.37	-0.33	-0.67		-0.6	-0.52	-0.64	-0.62	-0.72	-0.35	-0.56	-0.53	-0.38	-0.52	-0.59	-0.29	0.0	-0.47	-0.66	-0.56	-0.62	-0.48
Total Liab	1.0	0.99	0.52	0.95	0.95	0.39	0.99	-0.6		0.93	0.97	0.99	0.93	0.39	0.88	0.84	0.16	0.91	0.83	0.72	-0.4	0.78	0.84	0.87	0.87	0.85
Intangible Assets	0.94	0.95	0.34	0.79	0.94	0.2	0.94	-0.52	0.93		0.89	0.92	0.82	0.33	0.82	0.78	0.07	0.9	0.82	0.84	-0.49	0.73	0.72	0.8	0.82	0.82
Common Stock	0.97	0.95	0.5	0.94	0.91	0.43	0.96	-0.64	0.97	0.89		0.97	0.96	0.46	0.85	0.8	0.31	0.84	0.87	0.6	-0.23	0.72	0.91	0.83	0.87	0.8
Property Plant Equipment	0.99	0.98	0.56	0.95	0.94	0.46	0.98	-0.62	0.99	0.92	0.97		0.94	0.38	0.87	0.83	0.17	0.9	0.81	0.68	-0.38	0.78	0.84	0.86	0.91	0.84
Long Term Debt	0.93	0.89	0.53	0.91	0.8	0.45	0.92	-0.72	0.93	0.82	0.96	0.94		0.46	0.77	0.71	0.37	0.73	0.85	0.46	-0.06	0.6	0.95	0.76	0.82	0.67
Other Current Liab	0.39	0.38	0.54	0.45	0.32	0.03	0.41	-0.35	0.39	0.33	0.46	0.38	0.46		0.27	0.31	-0.11	0.2	0.15	0.05	0.02	0.4	0.42	0.29	0.41	0.41
Total Current Liabilities	0.88	0.9	0.43	0.87	0.85	0.38	0.9	-0.56	0.88	0.82	0.85	0.87	0.77	0.27		0.99	0.08	0.89	0.82	0.74	-0.52	0.91	0.78	1.0	0.88	0.86
Net Tangible Assets	0.84	0.87	0.47	0.85	0.83	0.33	0.86	-0.53	0.84	0.78	0.8	0.83	0.71	0.31	0.99		-0.02	0.88	0.73	0.75	-0.59	0.95	0.71	0.99	0.87	0.88
Net Receivables	0.15	0.09	-0.01	0.17	0.04	0.22	0.12	-0.38	0.16	0.07	0.31	0.17	0.37	-0.11	0.08	-0.02		-0.02	0.53	-0.23	0.61	-0.21	0.42	0.05	0.03	-0.11
Inventory	0.91	0.94	0.32	0.85	0.91	0.42	0.93	-0.52	0.91	0.9	0.84	0.9	0.73	0.2	0.89	0.88	-0.02		0.73	0.86	-0.68	0.87	0.64	0.88	0.88	0.92
Other Current Assets	0.83	0.81	0.21	0.74	0.77	0.3	0.82	-0.59	0.83	0.82	0.87	0.81	0.85	0.15	0.82	0.73	0.53	0.73		0.58	-0.13	0.55	0.87	0.79	0.66	0.63
Other Stockholder Equity	0.73	0.79	0.09	0.59	0.81	-0.05	0.75	-0.29	0.72	0.84	0.6	0.68	0.46	0.05	0.74	0.75	-0.23	0.86	0.58		-0.76	0.74	0.36	0.73	0.62	0.79
Deferred Long Term Liab	-0.4	-0.49	-0.08	-0.33	-0.52	-0.14	-0.44	0.0	-0.4	-0.49	-0.23	-0.38	-0.06	0.02	-0.52	-0.59	0.61	-0.68	-0.13	-0.76		-0.69	0.03	-0.51	-0.46	-0.71
Long Term Investments	0.78	0.83	0.52	0.82	0.79	0.35	0.82	-0.47	0.78	0.73	0.72	0.78	0.6	0.4	0.91	0.95	-0.21	0.87	0.55	0.74	-0.69		0.56	0.92	0.87	0.89
Preferred Stock Total Equity	0.83	0.79	0.43	0.84	0.7	0.47	0.82	-0.66	0.84	0.72	0.91	0.84	0.95	0.42	0.78	0.71	0.42	0.64	0.87	0.36	0.03	0.56		0.78	0.76	0.58
Total Current Assets	0.87	0.89	0.46	0.87	0.84	0.36	0.89	-0.56	0.87	0.8	0.83	0.86	0.76	0.29	1.0	0.99	0.05	0.88	0.79	0.73	-0.51	0.92	0.78		0.87	0.84
Net Debt	0.87	0.89	0.57	0.89	0.83	0.49	0.9	-0.62	0.87	0.82	0.87	0.91	0.82	0.41	0.88	0.87	0.03	0.88	0.66	0.62	-0.46	0.87	0.76	0.87		0.82
Common Stock Shares Outstanding	0.85	0.9	0.37	0.84	0.86	0.34	0.88	-0.48	0.85	0.82	0.8	0.84	0.67	0.41	0.86	0.88	-0.11	0.92	0.63	0.79	-0.71	0.89	0.58	0.84	0.82

Click cells to compare fundamentals

Bank of Nanjing Account Relationship Matchups

Bank of Nanjing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3T	1.5T	1.7T	2.1T	2.3T	2.4T
Total Stockholder Equity	86.9B	106.9B	121.4B	156.3B	169.6B	178.0B
Other Liab	14.5B	14.2B	12.2B	10.0B	11.5B	6.7B
Retained Earnings	54.9B	63.6B	75.1B	88.7B	66.6B	69.9B
Accounts Payable	873.7B	1.0T	1.1T	1.4T	1.6T	1.7T
Cash	213.8B	127.7B	1.3T	152.0B	163.0B	135.2B
Other Assets	555.5B	671.8B	784.5B	934.8B	1.1T	1.1T
Total Liab	1.3T	1.4T	1.6T	1.9T	2.1T	2.2T
Intangible Assets	433.6M	474.5M	477.8M	611.5M	1.1B	1.2B
Property Plant Equipment	7.9B	8.3B	10.7B	10.6B	12.2B	12.8B
Other Current Liab	3.5B	4.9B	1.6B	1.7B	1.9B	2.3B
Total Current Liabilities	929.7B	1.1T	1.2T	1.5T	1.7T	1.1T
Net Tangible Assets	76.6B	96.6B	111.0B	145.6B	167.4B	89.8B
Net Receivables	2.4B	5.0B	7.0B	3.1B	2.8B	2.7B
Inventory	641.9M	664.8M	2.0B	2.1B	2.4B	2.5B
Other Current Assets	83.7B	87.7B	90.9B	97.8B	112.5B	99.6B
Other Stockholder Equity	423.9M	90.8M	3.0B	20.9B	24.0B	25.2B
Deferred Long Term Liab	316.0M	283.8M	238.5M	241.3M	217.1M	231.8M
Long Term Investments	631.4B	680.5B	808.6B	916.4B	987.0B	663.1B
Total Current Assets	338.3B	347.0B	450.5B	618.5B	711.2B	363.9B
Net Debt	99.1B	95.2B	123.7B	103.7B	134.2B	109.8B
Net Invested Capital	295.2B	319.8B	366.7B	402.0B	457.0B	379.3B

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Bank Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bank Accounts Payable vs Net Debt Analysis

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Debt

Bank of Nanjing fundamental ratios Correlations

Bank of Nanjing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Nanjing fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Stockholder Equity

Deferred Long Term Liab	- 0.76	Other Stockholder Equity
Long Term Debt	- 0.72	Short Term Investments
Common Stock Shares Outstanding	- 0.71	Deferred Long Term Liab
Long Term Investments	- 0.69	Deferred Long Term Liab
Deferred Long Term Liab	- 0.68	Inventory
Short Term Investments	- 0.67	Other Assets