Ming Non Currrent Assets Other vs Deferred Long Term Liab Analysis

601615 Stock

10.83 0.01 0.09%

Ming Yang financial indicator trend analysis is infinitely more than just investigating Ming Yang Smart recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ming Yang Smart is a good investment. Please check the relationship between Ming Yang Non Currrent Assets Other and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ming Yang Smart. 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.

Non Currrent Assets Other vs Deferred Long Term Liab

Non Currrent Assets Other vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ming Yang Smart Non Currrent Assets Other account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ming Yang's Non Currrent Assets Other and Deferred Long Term Liab is 0.93. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Ming Yang Smart, assuming nothing else is changed. The correlation between historical values of Ming Yang's Non Currrent Assets Other and Deferred Long Term 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 Non Currrent Assets Other of Ming Yang Smart are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Currrent Assets Other i.e., Ming Yang's Non Currrent Assets Other and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from Ming Yang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ming Yang Smart 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 Ming Yang Smart. 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.

The current year's Tax Provision is expected to grow to about (27.8 M). In addition to that, Selling General Administrative is expected to decline to about 1.4 B

	2022	2023	2024	2025 (projected)
Gross Profit	6.1B	3.1B	3.6B	3.6B
Total Revenue	30.7B	27.9B	32.0B	18.9B

Gross Profit Total Revenue

Ming Yang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets
Total Assets		-0.07	0.99	0.91	0.93	0.92	0.91	0.99	0.88	0.89	0.9	0.91	0.79	0.8	0.19	0.87	0.96	0.87	0.05	0.99	0.91	-0.74	0.99	0.75	-0.44	0.98
Other Current Liab	-0.07		0.06	-0.22	0.14	-0.02	-0.21	-0.05	0.36	-0.28	-0.24	-0.14	-0.3	-0.57	0.04	-0.23	0.13	0.2	0.59	-0.01	0.01	-0.37	0.07	0.25	0.27	-0.22
Total Current Liabilities	0.99	0.06		0.88	0.93	0.92	0.89	0.99	0.91	0.86	0.88	0.9	0.75	0.73	0.12	0.84	0.98	0.9	0.08	0.99	0.9	-0.77	1.0	0.8	-0.42	0.94
Total Stockholder Equity	0.91	-0.22	0.88		0.84	0.98	1.0	0.89	0.79	0.99	0.99	0.98	0.87	0.73	0.15	0.95	0.87	0.75	-0.06	0.89	0.95	-0.74	0.89	0.7	-0.68	0.89
Other Liab	0.93	0.14	0.93	0.84		0.9	0.84	0.92	0.92	0.8	0.82	0.84	0.66	0.56	0.35	0.77	0.96	0.79	0.1	0.92	0.91	-0.88	0.94	0.77	-0.33	0.86
Net Tangible Assets	0.92	-0.02	0.92	0.98	0.9		0.98	0.91	0.88	0.95	0.97	0.99	0.82	0.62	0.19	0.92	0.93	0.82	0.01	0.91	0.98	-0.85	0.93	0.8	-0.63	0.86
Retained Earnings	0.91	-0.21	0.89	1.0	0.84	0.98		0.9	0.79	0.98	0.99	0.99	0.87	0.73	0.17	0.94	0.87	0.79	-0.08	0.9	0.96	-0.75	0.9	0.75	-0.67	0.89
Accounts Payable	0.99	-0.05	0.99	0.89	0.92	0.91	0.9		0.85	0.87	0.9	0.91	0.74	0.79	0.13	0.83	0.97	0.88	-0.05	0.98	0.89	-0.74	0.98	0.81	-0.41	0.94
Cash	0.88	0.36	0.91	0.79	0.92	0.88	0.79	0.85		0.76	0.76	0.8	0.68	0.45	0.24	0.78	0.92	0.85	0.4	0.9	0.89	-0.86	0.94	0.75	-0.4	0.81
Non Current Assets Total	0.89	-0.28	0.86	0.99	0.8	0.95	0.98	0.87	0.76		0.98	0.97	0.93	0.75	0.19	0.98	0.83	0.75	-0.06	0.88	0.94	-0.66	0.87	0.65	-0.73	0.89
Non Currrent Assets Other	0.9	-0.24	0.88	0.99	0.82	0.97	0.99	0.9	0.76	0.98		0.99	0.83	0.74	0.09	0.92	0.87	0.75	-0.15	0.88	0.93	-0.74	0.88	0.73	-0.66	0.87
Other Assets	0.91	-0.14	0.9	0.98	0.84	0.99	0.99	0.91	0.8	0.97	0.99		0.83	0.68	0.14	0.91	0.89	0.82	-0.1	0.89	0.96	-0.78	0.9	0.81	-0.66	0.85
Long Term Debt	0.79	-0.3	0.75	0.87	0.66	0.82	0.87	0.74	0.68	0.93	0.83	0.83		0.71	0.35	0.98	0.67	0.71	0.13	0.81	0.85	-0.45	0.76	0.5	-0.78	0.84
Net Receivables	0.8	-0.57	0.73	0.73	0.56	0.62	0.73	0.79	0.45	0.75	0.74	0.68	0.71		-0.05	0.71	0.64	0.59	-0.23	0.77	0.58	-0.24	0.72	0.39	-0.4	0.88
Good Will	0.19	0.04	0.12	0.15	0.35	0.19	0.17	0.13	0.24	0.19	0.09	0.14	0.35	-0.05		0.3	0.12	0.21	0.2	0.2	0.35	-0.24	0.16	0.23	-0.15	0.2
Non Current Liabilities Total	0.87	-0.23	0.84	0.95	0.77	0.92	0.94	0.83	0.78	0.98	0.92	0.91	0.98	0.71	0.3		0.79	0.76	0.09	0.88	0.93	-0.61	0.85	0.6	-0.77	0.89
Inventory	0.96	0.13	0.98	0.87	0.96	0.93	0.87	0.97	0.92	0.83	0.87	0.89	0.67	0.64	0.12	0.79		0.86	0.04	0.96	0.9	-0.86	0.98	0.82	-0.38	0.89
Other Current Assets	0.87	0.2	0.9	0.75	0.79	0.82	0.79	0.88	0.85	0.75	0.75	0.82	0.71	0.59	0.21	0.76	0.86		0.2	0.9	0.82	-0.67	0.9	0.88	-0.38	0.79
Other Stockholder Equity	0.05	0.59	0.08	-0.06	0.1	0.01	-0.08	-0.05	0.4	-0.06	-0.15	-0.1	0.13	-0.23	0.2	0.09	0.04	0.2		0.1	0.08	-0.1	0.13	-0.07	0.04	0.05
Total Liab	0.99	-0.01	0.99	0.89	0.92	0.91	0.9	0.98	0.9	0.88	0.88	0.89	0.81	0.77	0.2	0.88	0.96	0.9	0.1		0.91	-0.73	0.99	0.76	-0.46	0.97
Deferred Long Term Liab	0.91	0.01	0.9	0.95	0.91	0.98	0.96	0.89	0.89	0.94	0.93	0.96	0.85	0.58	0.35	0.93	0.9	0.82	0.08	0.91		-0.85	0.92	0.79	-0.65	0.86
Short Long Term Debt	-0.74	-0.37	-0.77	-0.74	-0.88	-0.85	-0.75	-0.74	-0.86	-0.66	-0.74	-0.78	-0.45	-0.24	-0.24	-0.61	-0.86	-0.67	-0.1	-0.73	-0.85		-0.79	-0.81	0.34	-0.62
Total Current Assets	0.99	0.07	1.0	0.89	0.94	0.93	0.9	0.98	0.94	0.87	0.88	0.9	0.76	0.72	0.16	0.85	0.98	0.9	0.13	0.99	0.92	-0.79		0.79	-0.43	0.94
Non Current Liabilities Other	0.75	0.25	0.8	0.7	0.77	0.8	0.75	0.81	0.75	0.65	0.73	0.81	0.5	0.39	0.23	0.6	0.82	0.88	-0.07	0.76	0.79	-0.81	0.79		-0.31	0.62
Short Term Debt	-0.44	0.27	-0.42	-0.68	-0.33	-0.63	-0.67	-0.41	-0.4	-0.73	-0.66	-0.66	-0.78	-0.4	-0.15	-0.77	-0.38	-0.38	0.04	-0.46	-0.65	0.34	-0.43	-0.31		-0.48
Intangible Assets	0.98	-0.22	0.94	0.89	0.86	0.86	0.89	0.94	0.81	0.89	0.87	0.85	0.84	0.88	0.2	0.89	0.89	0.79	0.05	0.97	0.86	-0.62	0.94	0.62	-0.48

Click cells to compare fundamentals

Ming Yang Account Relationship Matchups

Ming Yang fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.6B	61.5B	68.9B	83.9B	96.4B	49.5B
Other Current Liab	13.0B	11.8B	617.9M	647.2M	744.3M	707.0M
Total Current Liabilities	27.0B	33.3B	28.4B	37.6B	43.2B	24.1B
Total Stockholder Equity	14.8B	18.4B	28.1B	27.4B	31.5B	33.1B
Other Liab	1.7B	2.0B	5.1B	4.8B	5.5B	3.2B
Net Tangible Assets	3.5B	5.6B	13.6B	17.4B	20.0B	21.0B
Retained Earnings	3.0B	5.9B	8.2B	7.8B	9.0B	9.4B
Accounts Payable	13.1B	19.4B	17.2B	22.5B	25.9B	13.4B
Cash	16.3B	14.1B	11.2B	13.0B	14.9B	10.3B
Non Current Assets Total	18.5B	23.9B	33.5B	40.5B	46.6B	48.9B
Non Currrent Assets Other	5.0B	9.5B	13.1B	13.1B	15.0B	15.8B
Other Assets	3.0B	3.4B	5.9B	10.5B	12.0B	12.6B
Long Term Debt	4.4B	4.7B	6.6B	11.5B	13.2B	13.9B
Net Receivables	3.7B	5.9B	10.8B	13.9B	16.0B	8.0B
Non Current Liabilities Total	9.5B	9.7B	12.2B	17.9B	20.5B	21.6B
Inventory	8.5B	9.6B	8.0B	9.7B	11.1B	6.0B
Other Current Assets	1.3B	4.9B	1.9B	3.6B	4.2B	2.1B
Other Stockholder Equity	42.1M	434.1M	263.5M	43.5M	50.0M	47.5M
Total Liab	36.5B	43.0B	40.6B	55.4B	63.7B	34.3B
Deferred Long Term Liab	171.7M	164.6M	378.4M	439.5M	505.4M	530.7M
Short Long Term Debt	149M	98.5M	259.5M	863.5M	777.2M	688.1M
Total Current Assets	33.1B	37.6B	35.5B	43.4B	49.9B	28.3B
Non Current Liabilities Other	1.0B	3.9B	1.9B	1.7B	2.0B	1.5B
Intangible Assets	1.3B	1.2B	1.8B	2.3B	2.6B	1.4B
Property Plant Equipment	6.2B	7.1B	10.8B	11.3B	13.0B	7.8B
Common Stock Shares Outstanding	1.9B	2.0B	2.3B	2.3B	2.6B	1.9B
Net Invested Capital	19.3B	23.2B	35.0B	39.8B	45.7B	23.2B
Net Working Capital	6.1B	4.4B	7.1B	5.8B	6.7B	4.7B
Capital Stock	1.9B	2.0B	2.3B	2.3B	2.6B	2.0B
Property Plant And Equipment Net	10.8B	11.3B	16.5B	22.6B	26.0B	15.0B
Property Plant And Equipment Gross	12.5B	13.3B	19.2B	25.8B	29.7B	17.4B

Currently Active Assets on Macroaxis

V	Visa Class A
CRM	Salesforce
CRM	Salesforce
MSFT	Microsoft
V	Visa Class A

Other Information on Investing in Ming Stock

Balance Sheet is a snapshot of the financial position of Ming Yang Smart at a specified time, usually calculated after every quarter, six months, or one year. Ming Yang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ming Yang 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 Ming 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

Ming Non Currrent Assets Other vs Deferred Long Term Liab Analysis

Non Currrent Assets Other vs Deferred Long Term Liab

Non Currrent Assets Other vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Deferred Long Term Liab

Ming Yang fundamental ratios Correlations

Ming Yang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ming Yang fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Ming Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Short Long Term Debt	- 0.88	Other Liab
Short Long Term Debt	- 0.86	Inventory
Short Long Term Debt	- 0.86	Cash
Short Long Term Debt	- 0.85	Deferred Long Term Liab
Short Long Term Debt	- 0.85	Net Tangible Assets
Non Current Liabilities Other	- 0.81	Short Long Term Debt