Bank Total Current Liabilities vs Total Stockholder Equity Analysis

601009 Stock   10.47  0.04  0.38%   
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 Total Current Liabilities and its Total Stockholder Equity 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.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nanjing Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bank of Nanjing's Total Current Liabilities and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity 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 Total Current Liabilities and Total Stockholder Equity 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 Current Liabilities of Bank of Nanjing are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Bank of Nanjing's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Bank of Nanjing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bank of Nanjing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 23, 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 Income14.5B7.9B
Total Revenue44.3B46.5B

Bank of Nanjing fundamental ratios Correlations

0.990.520.950.950.390.99-0.61.00.940.970.990.930.390.880.840.150.910.830.73-0.40.780.830.870.870.85
0.990.480.940.970.350.99-0.580.990.950.950.980.890.380.90.870.090.940.810.79-0.490.830.790.890.890.9
0.520.480.610.460.290.47-0.30.520.340.50.560.530.540.430.47-0.010.320.210.09-0.080.520.430.460.570.37
0.950.940.610.880.490.94-0.630.950.790.940.950.910.450.870.850.170.850.740.59-0.330.820.840.870.890.84
0.950.970.460.880.290.93-0.370.950.940.910.940.80.320.850.830.040.910.770.81-0.520.790.70.840.830.86
0.390.350.290.490.290.39-0.330.390.20.430.460.450.030.380.330.220.420.3-0.05-0.140.350.470.360.490.34
0.990.990.470.940.930.39-0.670.990.940.960.980.920.410.90.860.120.930.820.75-0.440.820.820.890.90.88
-0.6-0.58-0.3-0.63-0.37-0.33-0.67-0.6-0.52-0.64-0.62-0.72-0.35-0.56-0.53-0.38-0.52-0.59-0.290.0-0.47-0.66-0.56-0.62-0.48
1.00.990.520.950.950.390.99-0.60.930.970.990.930.390.880.840.160.910.830.72-0.40.780.840.870.870.85
0.940.950.340.790.940.20.94-0.520.930.890.920.820.330.820.780.070.90.820.84-0.490.730.720.80.820.82
0.970.950.50.940.910.430.96-0.640.970.890.970.960.460.850.80.310.840.870.6-0.230.720.910.830.870.8
0.990.980.560.950.940.460.98-0.620.990.920.970.940.380.870.830.170.90.810.68-0.380.780.840.860.910.84
0.930.890.530.910.80.450.92-0.720.930.820.960.940.460.770.710.370.730.850.46-0.060.60.950.760.820.67
0.390.380.540.450.320.030.41-0.350.390.330.460.380.460.270.31-0.110.20.150.050.020.40.420.290.410.41
0.880.90.430.870.850.380.9-0.560.880.820.850.870.770.270.990.080.890.820.74-0.520.910.781.00.880.86
0.840.870.470.850.830.330.86-0.530.840.780.80.830.710.310.99-0.020.880.730.75-0.590.950.710.990.870.88
0.150.09-0.010.170.040.220.12-0.380.160.070.310.170.37-0.110.08-0.02-0.020.53-0.230.61-0.210.420.050.03-0.11
0.910.940.320.850.910.420.93-0.520.910.90.840.90.730.20.890.88-0.020.730.86-0.680.870.640.880.880.92
0.830.810.210.740.770.30.82-0.590.830.820.870.810.850.150.820.730.530.730.58-0.130.550.870.790.660.63
0.730.790.090.590.81-0.050.75-0.290.720.840.60.680.460.050.740.75-0.230.860.58-0.760.740.360.730.620.79
-0.4-0.49-0.08-0.33-0.52-0.14-0.440.0-0.4-0.49-0.23-0.38-0.060.02-0.52-0.590.61-0.68-0.13-0.76-0.690.03-0.51-0.46-0.71
0.780.830.520.820.790.350.82-0.470.780.730.720.780.60.40.910.95-0.210.870.550.74-0.690.560.920.870.89
0.830.790.430.840.70.470.82-0.660.840.720.910.840.950.420.780.710.420.640.870.360.030.560.780.760.58
0.870.890.460.870.840.360.89-0.560.870.80.830.860.760.291.00.990.050.880.790.73-0.510.920.780.870.84
0.870.890.570.890.830.490.9-0.620.870.820.870.910.820.410.880.870.030.880.660.62-0.460.870.760.870.82
0.850.90.370.840.860.340.88-0.480.850.820.80.840.670.410.860.88-0.110.920.630.79-0.710.890.580.840.82
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Bank of Nanjing Account Relationship Matchups

Bank of Nanjing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.5T1.7T2.1T2.3T2.4T
Total Stockholder Equity86.9B106.9B121.4B156.3B169.6B178.0B
Other Liab14.5B14.2B12.2B10.0B11.5B6.7B
Retained Earnings54.9B63.6B75.1B88.7B66.6B69.9B
Accounts Payable873.7B1.0T1.1T1.4T1.6T1.7T
Cash213.8B127.7B1.3T152.0B163.0B135.2B
Other Assets555.5B671.8B784.5B934.8B1.1T1.1T
Total Liab1.3T1.4T1.6T1.9T2.1T2.2T
Intangible Assets433.6M474.5M477.8M611.5M1.1B1.2B
Property Plant Equipment7.9B8.3B10.7B10.6B12.2B12.8B
Other Current Liab3.5B4.9B1.6B1.7B1.9B2.3B
Total Current Liabilities929.7B1.1T1.2T1.5T1.7T1.1T
Net Tangible Assets76.6B96.6B111.0B145.6B167.4B89.8B
Net Receivables2.4B5.0B7.0B3.1B2.8B2.7B
Inventory641.9M664.8M2.0B2.1B2.4B2.5B
Other Current Assets83.7B87.7B90.9B97.8B112.5B99.6B
Other Stockholder Equity423.9M90.8M3.0B20.9B24.0B25.2B
Deferred Long Term Liab316.0M283.8M238.5M241.3M217.1M231.8M
Long Term Investments631.4B680.5B808.6B916.4B987.0B663.1B
Total Current Assets338.3B347.0B450.5B618.5B711.2B363.9B
Net Debt99.1B95.2B123.7B103.7B134.2B109.8B
Net Invested Capital295.2B319.8B366.7B402.0B457.0B379.3B

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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.