Ming Other Liab vs Other Stockholder Equity Analysis
601615 Stock | 12.85 0.02 0.16% |
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 Other Liab and its Other Stockholder Equity 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.
Other Liab vs Other Stockholder Equity
Other Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ming Yang Smart Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ming Yang's Other Liab and Other Stockholder Equity is 0.14. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity 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 Other Liab and Other 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 Other Liab of Ming Yang Smart are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., Ming Yang's Other Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Liab
Other Stockholder Equity
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 (24.2 M). In addition to that, Selling General Administrative is expected to decline to about 1.4 B
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.8B | 6.1B | 3.1B | 3.6B | Total Revenue | 27.2B | 30.7B | 27.9B | 18.9B |
Ming Yang fundamental ratios Correlations
Click cells to compare fundamentals
Ming Yang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ming Yang fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.7B | 51.6B | 61.5B | 68.9B | 83.9B | 49.5B | |
Other Current Liab | 8.6B | 13.0B | 11.8B | 617.9M | 647.2M | 614.8M | |
Total Current Liabilities | 18.2B | 27.0B | 33.3B | 28.4B | 37.6B | 24.1B | |
Total Stockholder Equity | 6.7B | 14.8B | 18.4B | 28.1B | 27.4B | 14.8B | |
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 | 1.3B | 3.0B | 5.9B | 8.2B | 7.8B | 8.2B | |
Accounts Payable | 7.5B | 13.1B | 19.4B | 17.2B | 22.5B | 13.4B | |
Cash | 10.8B | 16.3B | 14.1B | 11.2B | 13.0B | 10.3B | |
Non Current Assets Total | 12.1B | 18.5B | 23.9B | 33.5B | 40.5B | 21.3B | |
Non Currrent Assets Other | 330.2M | 5.0B | 9.5B | 13.1B | 13.1B | 13.7B | |
Other Assets | 3.0B | 3.4B | 5.9B | 10.5B | 12.0B | 12.6B | |
Long Term Debt | 7.7B | 4.4B | 4.7B | 6.6B | 11.5B | 6.4B | |
Net Receivables | 6.2B | 3.7B | 5.9B | 10.8B | 13.9B | 8.0B | |
Good Will | 129.2M | 118.4M | 79.1M | 69.3M | 68.6M | 66.2M | |
Non Current Liabilities Total | 9.4B | 9.5B | 9.7B | 12.2B | 17.9B | 10.2B | |
Inventory | 2.8B | 8.5B | 9.6B | 8.0B | 9.7B | 6.0B | |
Other Current Assets | 2.8B | 1.3B | 4.9B | 1.9B | 3.6B | 2.1B | |
Other Stockholder Equity | 42.1M | 434.1M | 263.5M | 43.5M | 50.0M | 47.5M | |
Total Liab | 27.6B | 36.5B | 43.0B | 40.6B | 55.4B | 34.3B | |
Deferred Long Term Liab | 171.7M | 164.6M | 378.4M | 439.5M | 505.4M | 530.7M | |
Short Long Term Debt | 1.4B | 149M | 98.5M | 259.5M | 863.5M | 688.1M | |
Total Current Assets | 22.6B | 33.1B | 37.6B | 35.5B | 43.4B | 28.3B | |
Non Current Liabilities Other | 753.9M | 1.0B | 3.9B | 1.9B | 1.7B | 1.5B | |
Intangible Assets | 1.1B | 1.3B | 1.2B | 1.8B | 2.3B | 1.4B | |
Property Plant Equipment | 6.2B | 7.1B | 10.8B | 11.3B | 13.0B | 7.8B | |
Common Stock Shares Outstanding | 1.4B | 1.9B | 2.0B | 2.3B | 2.3B | 1.9B | |
Net Invested Capital | 12.7B | 19.3B | 23.2B | 35.0B | 39.8B | 23.2B | |
Net Working Capital | 4.4B | 6.1B | 4.4B | 7.1B | 5.8B | 4.7B | |
Capital Stock | 1.4B | 1.9B | 2.0B | 2.3B | 2.3B | 2.0B |
Currently Active Assets on Macroaxis
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.