Sailun Long Term Debt vs Other Current Liab Analysis

601058 Stock   14.25  0.01  0.07%   
Sailun Jinyu financial indicator trend analysis is much more than just breaking down Sailun Jinyu Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailun Jinyu Group is a good investment. Please check the relationship between Sailun Jinyu Long Term Debt and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sailun Jinyu Group. 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.

Long Term Debt vs Other Current Liab

Long Term Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailun Jinyu Group Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sailun Jinyu's Long Term Debt and Other Current Liab is -0.39. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Sailun Jinyu Group, assuming nothing else is changed. The correlation between historical values of Sailun Jinyu's Long Term Debt and Other Current 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 Long Term Debt of Sailun Jinyu Group are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Sailun Jinyu's Long Term Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Sailun Jinyu Group has held for over one year. Long-term debt appears on Sailun Jinyu Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sailun Jinyu Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Liab

Most indicators from Sailun Jinyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailun Jinyu Group 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 Sailun Jinyu Group. 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.
As of December 18, 2024, Selling General Administrative is expected to decline to about 768.8 M. In addition to that, Tax Provision is expected to decline to about 125.5 M
 2021 2022 2023 2024 (projected)
Operating Income1.7B2.0B4.1B4.3B
Total Revenue18.0B21.9B26.0B27.3B

Sailun Jinyu fundamental ratios Correlations

-0.130.840.990.660.970.990.970.970.890.840.980.170.860.860.880.99-0.83-0.490.85-0.15-0.430.850.770.880.73
-0.130.22-0.190.09-0.24-0.120.05-0.13-0.390.1-0.21-0.160.070.10.01-0.06-0.080.28-0.120.64-0.320.030.1-0.20.15
0.840.220.80.780.740.840.870.80.650.960.80.210.970.820.80.86-0.77-0.290.850.03-0.350.720.760.820.78
0.99-0.190.80.610.980.990.950.970.880.820.990.140.830.820.890.98-0.83-0.50.86-0.14-0.450.870.780.90.74
0.660.090.780.610.540.610.650.590.640.80.60.350.820.550.580.7-0.56-0.230.62-0.05-0.130.460.530.60.54
0.97-0.240.740.980.540.970.930.980.870.770.970.110.780.760.840.93-0.83-0.540.86-0.2-0.410.880.720.910.69
0.99-0.120.840.990.610.970.960.980.830.830.980.150.850.840.890.97-0.84-0.460.86-0.14-0.460.880.790.890.76
0.970.050.870.950.650.930.960.970.830.850.940.110.880.820.840.95-0.89-0.510.87-0.06-0.430.890.750.890.72
0.97-0.130.80.970.590.980.980.970.870.810.970.080.830.770.840.94-0.88-0.510.89-0.19-0.360.890.740.920.71
0.89-0.390.650.880.640.870.830.830.870.70.880.140.780.660.720.86-0.74-0.540.79-0.28-0.160.690.630.830.56
0.840.10.960.820.80.770.830.850.810.70.80.270.970.750.770.85-0.76-0.310.87-0.04-0.290.720.710.860.75
0.98-0.210.80.990.60.970.980.940.970.880.80.140.830.820.870.97-0.82-0.520.87-0.2-0.390.850.780.90.72
0.17-0.160.210.140.350.110.150.110.080.140.270.140.210.25-0.070.120.24-0.190.05-0.30.190.02-0.120.09-0.11
0.860.070.970.830.820.780.850.880.830.780.970.830.210.780.790.88-0.8-0.370.9-0.05-0.250.730.750.880.76
0.860.10.820.820.550.760.840.820.770.660.750.820.250.780.740.87-0.59-0.30.61-0.1-0.380.620.640.640.6
0.880.010.80.890.580.840.890.840.840.720.770.87-0.070.790.740.91-0.85-0.20.80.21-0.710.840.960.780.95
0.99-0.060.860.980.70.930.970.950.940.860.850.970.120.880.870.91-0.84-0.430.83-0.08-0.470.830.810.850.78
-0.83-0.08-0.77-0.83-0.56-0.83-0.84-0.89-0.88-0.74-0.76-0.820.24-0.8-0.59-0.85-0.840.26-0.87-0.050.47-0.81-0.81-0.86-0.8
-0.490.28-0.29-0.5-0.23-0.54-0.46-0.51-0.51-0.54-0.31-0.52-0.19-0.37-0.3-0.2-0.430.26-0.460.25-0.1-0.57-0.09-0.52-0.02
0.85-0.120.850.860.620.860.860.870.890.790.870.870.050.90.610.80.83-0.87-0.46-0.11-0.270.840.780.990.78
-0.150.640.03-0.14-0.05-0.2-0.14-0.06-0.19-0.28-0.04-0.2-0.3-0.05-0.10.21-0.08-0.050.25-0.11-0.680.180.34-0.20.37
-0.43-0.32-0.35-0.45-0.13-0.41-0.46-0.43-0.36-0.16-0.29-0.390.19-0.25-0.38-0.71-0.470.47-0.1-0.27-0.68-0.6-0.71-0.24-0.72
0.850.030.720.870.460.880.880.890.890.690.720.850.020.730.620.840.83-0.81-0.570.840.18-0.60.790.840.78
0.770.10.760.780.530.720.790.750.740.630.710.78-0.120.750.640.960.81-0.81-0.090.780.34-0.710.790.730.98
0.88-0.20.820.90.60.910.890.890.920.830.860.90.090.880.640.780.85-0.86-0.520.99-0.2-0.240.840.730.72
0.730.150.780.740.540.690.760.720.710.560.750.72-0.110.760.60.950.78-0.8-0.020.780.37-0.720.780.980.72
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Sailun Jinyu Account Relationship Matchups

Sailun Jinyu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.9B21.1B26.2B29.7B33.7B35.4B
Other Current Liab652.0M525.6M354.4M4.0M7.4M7.1M
Total Current Liabilities8.5B10.9B11.8B11.3B13.7B7.7B
Total Stockholder Equity7.1B8.5B10.7B12.2B14.9B15.6B
Other Liab86.4M97.2M112.7M136.8M157.3M86.7M
Retained Earnings3.1B4.3B5.1B5.7B8.2B8.6B
Accounts Payable3.3B5.2B5.7B5.7B7.0B7.4B
Cash3.8B4.4B4.8B4.9B5.2B5.5B
Other Assets413.6M692.1M1.1B1.3B1.5B1.5B
Long Term Debt1.9B1.2B3.0B5.3B4.0B4.2B
Net Receivables1.8B2.5B2.4B2.7B3.4B1.8B
Inventory2.2B2.7B4.3B4.1B4.9B5.2B
Other Current Assets175.9M303.3M254.2M438.8M476.4M368.5M
Total Liab10.5B12.2B15.0B16.9B18.3B9.4B
Intangible Assets474.1M564.9M741.6M857.2M1.0B1.1B
Property Plant Equipment6.6B7.4B8.2B10.7B12.3B12.9B
Good Will269.0M241.1M231.9M268.6M275.6M286.8M
Short Term Investments260.8M438.5M100.3M104.4M53.5M50.9M
Net Tangible Assets5.2B6.3B7.7B9.8B11.2B6.4B
Other Stockholder Equity112.8M194.1M(47.6M)(122.8M)(141.2M)(134.2M)
Deferred Long Term Liab114.6M107.6M138.0M178.8M160.9M116.1M
Short Long Term Debt3.7B2.8B4.1B3.9B3.9B3.5B
Total Current Assets8.5B10.3B12.5B12.8B15.5B10.3B
Non Current Assets Total9.4B10.8B13.7B16.8B18.2B12.8B
Non Currrent Assets Other194.0M573.1M528.8M505.8M732.7M406.9M
Non Current Liabilities Total2.0B1.4B3.2B5.6B4.6B2.7B
Non Current Liabilities Other449.9M1.9B63.7M19.9M17.9M17.0M
Net Debt1.7B1.8B2.3B4.3B2.7B2.7B
Net Invested Capital12.7B12.5B17.8B21.4B22.7B16.9B
Net Working Capital3.8M(560.9M)630.8M1.5B1.9B2.0B

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Other Information on Investing in Sailun Stock

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