China Total Assets vs Non Current Liabilities Total Analysis

601068 Stock   4.41  0.07  1.56%   
China Aluminum financial indicator trend analysis is way more than just evaluating China Aluminum Inter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Aluminum Inter is a good investment. Please check the relationship between China Aluminum Total Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Aluminum International. 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Aluminum Inter Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Aluminum's Total Assets and Non Current Liabilities Total is 0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of China Aluminum International, assuming nothing else is changed. The correlation between historical values of China Aluminum's Total Assets and Non Current Liabilities Total 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 Assets of China Aluminum International are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., China Aluminum's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of China Aluminum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Aluminum Inter books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from China Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Aluminum Inter 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 China Aluminum International. 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 January 2, 2025, Selling General Administrative is expected to decline to about 231 M. The current year's Tax Provision is expected to grow to about (94.8 M)
 2022 2023 2024 2025 (projected)
Gross Profit3.0B2.1B1.9B2.0B
Total Revenue23.7B22.3B20.0B19.1B

China Aluminum fundamental ratios Correlations

0.70.950.49-0.830.46-0.330.86-0.220.60.80.67-0.870.70.91-0.60.90.980.870.710.950.780.490.680.880.71
0.70.580.45-0.530.360.050.48-0.110.510.620.55-0.50.780.57-0.410.50.640.550.410.580.240.270.270.380.66
0.950.580.54-0.850.54-0.330.91-0.050.40.650.66-0.910.540.95-0.560.960.960.920.830.990.880.470.730.90.47
0.490.450.54-0.130.990.550.620.38-0.07-0.020.83-0.330.510.520.210.440.380.320.60.620.48-0.34-0.060.30.02
-0.83-0.53-0.85-0.13-0.130.67-0.620.35-0.43-0.81-0.30.93-0.51-0.860.86-0.86-0.92-0.94-0.56-0.79-0.64-0.78-0.89-0.82-0.55
0.460.360.540.99-0.130.530.620.38-0.14-0.070.82-0.340.440.530.220.440.360.320.610.620.51-0.35-0.030.31-0.05
-0.330.05-0.330.550.670.53-0.080.42-0.38-0.620.320.470.01-0.290.84-0.47-0.47-0.51-0.08-0.24-0.29-0.87-0.75-0.55-0.36
0.860.480.910.62-0.620.62-0.08-0.030.380.470.73-0.810.370.9-0.220.790.820.740.870.930.910.150.470.760.38
-0.22-0.11-0.050.380.350.380.42-0.03-0.43-0.550.140.26-0.15-0.190.34-0.07-0.24-0.260.17-0.02-0.05-0.31-0.36-0.16-0.55
0.60.510.4-0.07-0.43-0.14-0.380.38-0.430.820.41-0.410.480.31-0.460.40.570.430.020.370.280.440.350.440.88
0.80.620.65-0.02-0.81-0.07-0.620.47-0.550.820.3-0.710.640.63-0.790.70.830.770.270.60.460.770.690.720.9
0.670.550.660.83-0.30.820.320.730.140.410.3-0.480.60.580.010.530.570.470.470.710.54-0.170.140.410.36
-0.87-0.5-0.91-0.330.93-0.340.47-0.810.26-0.41-0.71-0.48-0.45-0.960.63-0.86-0.93-0.94-0.7-0.87-0.79-0.57-0.75-0.8-0.48
0.70.780.540.51-0.510.440.010.37-0.150.480.640.6-0.450.51-0.490.50.620.490.210.550.180.310.310.430.75
0.910.570.950.52-0.860.53-0.290.9-0.190.310.630.58-0.960.51-0.510.880.930.910.840.940.850.430.670.820.44
-0.6-0.41-0.560.210.860.220.84-0.220.34-0.46-0.790.010.63-0.49-0.51-0.64-0.7-0.68-0.2-0.48-0.28-0.91-0.81-0.65-0.6
0.90.50.960.44-0.860.44-0.470.79-0.070.40.70.53-0.860.50.88-0.640.940.940.780.930.870.620.780.960.45
0.980.640.960.38-0.920.36-0.470.82-0.240.570.830.57-0.930.620.93-0.70.940.950.70.930.790.630.790.910.66
0.870.550.920.32-0.940.32-0.510.74-0.260.430.770.47-0.940.490.91-0.680.940.950.680.870.790.690.830.880.49
0.710.410.830.6-0.560.61-0.080.870.170.020.270.47-0.70.210.84-0.20.780.70.680.860.870.170.430.730.09
0.950.580.990.62-0.790.62-0.240.93-0.020.370.60.71-0.870.550.94-0.480.930.930.870.860.880.380.660.880.45
0.780.240.880.48-0.640.51-0.290.91-0.050.280.460.54-0.790.180.85-0.280.870.790.790.870.880.310.590.880.24
0.490.270.47-0.34-0.78-0.35-0.870.15-0.310.440.77-0.17-0.570.310.43-0.910.620.630.690.170.380.310.810.660.5
0.680.270.73-0.06-0.89-0.03-0.750.47-0.360.350.690.14-0.750.310.67-0.810.780.790.830.430.660.590.810.810.42
0.880.380.90.3-0.820.31-0.550.76-0.160.440.720.41-0.80.430.82-0.650.960.910.880.730.880.880.660.810.5
0.710.660.470.02-0.55-0.05-0.360.38-0.550.880.90.36-0.480.750.44-0.60.450.660.490.090.450.240.50.420.5
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China Aluminum Account Relationship Matchups

China Aluminum fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.5B58.8B47.4B40.9B47.1B52.0B
Other Current Liab6.6B7.5B7.3B184.2M211.8M201.2M
Total Current Liabilities29.9B30.9B31.0B26.8B30.8B32.0B
Total Stockholder Equity8.7B7.6B7.5B7.0B6.3B6.9B
Other Liab732.4M689.2M748.0M697.4M627.6M706.1M
Net Tangible Assets10.2B7.6B6.3B6.3B5.6B6.3B
Retained Earnings2.1B839.1M828.4M(2.2B)(2.0B)(1.9B)
Accounts Payable15.5B17.0B16.1B12.6B14.4B17.4B
Cash644.3K872.3M6.9B3.3B3.0B3.7B
Other Assets4.1B4.5B16.9B4.6B5.3B6.0B
Long Term Debt8.2B12.0B5.3B6.2B7.1B5.4B
Net Receivables17.0B27.4B15.7B15.3B13.8B17.0B
Short Term Investments9.2B7.3B6.6B700.5M805.6M765.3M
Inventory3.4B2.5B2.9B2.2B2.6B2.8B
Other Current Assets866.6M907.0M956.3M9.6M8.7M8.2M
Other Stockholder Equity3.3B2.8B2.8B2.8B3.2B2.8B
Total Liab38.9B42.3B36.9B33.7B38.7B38.1B
Short Long Term Debt9.3B6.1B10.7B6.6B7.6B9.4B
Total Current Assets38.6B38.5B38.2B32.1B36.9B40.6B
Intangible Assets1.2B1.2B1.3B1.3B1.5B1.2B
Property Plant Equipment2.6B2.7B2.6B2.5B2.9B2.8B
Non Current Assets Total15.9B21.5B9.2B8.8B10.2B12.3B
Non Currrent Assets Other6.7B13.7B38.2M(489.5M)(562.9M)(534.7M)
Non Current Liabilities Total8.9B12.7B6.0B6.9B7.9B6.8B
Net Debt11.0B17.2B9.1B9.4B10.9B10.7B
Net Invested Capital26.2B25.7B23.5B19.8B17.8B19.0B
Net Working Capital8.6B7.7B7.2B5.3B4.8B6.4B
Deferred Long Term Liab29.4M51.6M54.8M47.0M54.1M40.5M
Property Plant And Equipment Net2.7B2.7B2.6B2.6B2.3B2.1B
Capital Lease Obligations11.0M6.6M17.7M36.3M41.7M21.5M
Property Plant And Equipment Gross4.5B4.5B4.6B4.7B5.4B5.0B

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Other Information on Investing in China Stock

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