Beijing Long Term Debt vs Non Current Liabilities Total Analysis

603392 Stock   72.94  0.92  1.28%   
Beijing Wantai financial indicator trend analysis is way more than just evaluating Beijing Wantai Biological prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Wantai Biological is a good investment. Please check the relationship between Beijing Wantai Long Term Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Wantai Biological. 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 Non Current Liabilities Total

Long Term Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Wantai Biological Long Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Wantai's Long Term Debt and Non Current Liabilities Total is -0.04. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Beijing Wantai Biological, assuming nothing else is changed. The correlation between historical values of Beijing Wantai's Long Term Debt 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 Long Term Debt of Beijing Wantai Biological 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 Long Term Debt i.e., Beijing Wantai's Long Term Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Beijing Wantai Biological has held for over one year. Long-term debt appears on Beijing Wantai Biological 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 Beijing Wantai Biological 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.

Non Current Liabilities Total

Most indicators from Beijing Wantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Wantai Biological 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 Beijing Wantai Biological. 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.
The current year's Tax Provision is expected to grow to about 171.5 M, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B10.0B4.7B3.4B
Total Revenue5.8B11.2B5.5B4.0B

Beijing Wantai fundamental ratios Correlations

-0.290.881.0-0.680.991.00.970.980.980.710.970.98-0.720.970.710.90.880.880.951.00.720.880.98-0.060.88
-0.290.11-0.340.27-0.4-0.29-0.49-0.17-0.45-0.15-0.38-0.10.76-0.39-0.09-0.1-0.680.1-0.46-0.22-0.51-0.14-0.330.03-0.42
0.880.110.85-0.530.830.890.780.90.80.750.810.95-0.340.780.720.970.611.00.730.90.640.930.87-0.130.81
1.0-0.340.85-0.691.01.00.980.980.990.710.980.96-0.750.980.690.890.890.860.970.990.730.870.98-0.050.89
-0.680.27-0.53-0.69-0.7-0.66-0.68-0.69-0.67-0.2-0.62-0.60.56-0.77-0.6-0.51-0.67-0.53-0.79-0.68-0.69-0.63-0.61-0.5-0.68
0.99-0.40.831.0-0.70.990.990.970.990.70.980.95-0.780.980.680.870.920.830.970.980.750.850.97-0.040.89
1.0-0.290.891.0-0.660.990.970.980.980.730.970.98-0.710.970.710.910.870.890.941.00.710.880.98-0.10.88
0.97-0.490.780.98-0.680.990.970.921.00.680.960.91-0.840.960.690.840.960.780.950.950.770.820.98-0.080.88
0.98-0.170.90.98-0.690.970.980.920.930.680.940.97-0.630.970.720.90.790.90.940.990.660.880.940.00.85
0.98-0.450.80.99-0.670.990.981.00.930.710.980.93-0.820.960.670.860.950.810.950.960.770.840.98-0.10.88
0.71-0.150.750.71-0.20.70.730.680.680.710.780.73-0.370.630.370.830.590.740.590.710.590.770.72-0.340.75
0.97-0.380.810.98-0.620.980.970.960.940.980.780.93-0.770.950.560.860.910.810.940.960.740.830.95-0.040.87
0.98-0.10.950.96-0.60.950.980.910.970.930.730.93-0.590.910.710.930.780.950.870.980.640.890.97-0.130.82
-0.720.76-0.34-0.750.56-0.78-0.71-0.84-0.63-0.82-0.37-0.77-0.59-0.76-0.37-0.43-0.93-0.34-0.8-0.67-0.56-0.41-0.740.0-0.58
0.97-0.390.780.98-0.770.980.970.960.970.960.630.950.91-0.760.680.820.880.790.990.970.740.830.920.090.88
0.71-0.090.720.69-0.60.680.710.690.720.670.370.560.71-0.370.680.710.540.740.640.720.50.690.72-0.040.65
0.9-0.10.970.89-0.510.870.910.840.90.860.830.860.93-0.430.820.710.70.970.770.910.750.970.91-0.20.91
0.88-0.680.610.89-0.670.920.870.960.790.950.590.910.78-0.930.880.540.70.610.90.840.80.710.9-0.030.83
0.880.11.00.86-0.530.830.890.780.90.810.740.810.95-0.340.790.740.970.610.730.90.640.930.88-0.120.81
0.95-0.460.730.97-0.790.970.940.950.940.950.590.940.87-0.80.990.640.770.90.730.940.750.80.90.150.87
1.0-0.220.90.99-0.680.981.00.950.990.960.710.960.98-0.670.970.720.910.840.90.940.690.880.97-0.050.86
0.72-0.510.640.73-0.690.750.710.770.660.770.590.740.64-0.560.740.50.750.80.640.750.690.850.720.190.93
0.88-0.140.930.87-0.630.850.880.820.880.840.770.830.89-0.410.830.690.970.710.930.80.880.850.86-0.020.95
0.98-0.330.870.98-0.610.970.980.980.940.980.720.950.97-0.740.920.720.910.90.880.90.970.720.86-0.190.86
-0.060.03-0.13-0.05-0.5-0.04-0.1-0.080.0-0.1-0.34-0.04-0.130.00.09-0.04-0.2-0.03-0.120.15-0.050.19-0.02-0.190.02
0.88-0.420.810.89-0.680.890.880.880.850.880.750.870.82-0.580.880.650.910.830.810.870.860.930.950.860.02
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Beijing Wantai Account Relationship Matchups

Beijing Wantai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B3.5B7.0B16.2B15.7B16.5B
Other Current Liab259.3M203.3M421.5M480.6M3.8M3.6M
Total Current Liabilities492.0M829.0M2.4B3.5B2.7B1.5B
Total Stockholder Equity1.6B2.6B4.5B12.3B12.7B13.3B
Other Liab71.2M94.3M80.2M58.5M52.7M59.9M
Net Tangible Assets1.3B2.3B4.2B12.0B13.8B14.5B
Retained Earnings996.8M1.7B3.4B7.9B7.6B8.0B
Accounts Payable85.0M107.3M154.1M275.5M389.6M409.1M
Cash283.6M710.7M1.4B5.2B3.8B4.0B
Non Current Assets Total1.3B1.5B2.4B4.0B5.4B5.7B
Non Currrent Assets Other263.5M412.7M299.1M372.3M459.4M266.7M
Other Assets190.4M297.0M337.6M602.9M693.4M728.1M
Net Receivables264.0M691.3M2.3B3.9B3.0B3.1B
Short Term Investments58.0M50.4M40.4M2.0B2.1B2.2B
Non Current Liabilities Total92.2M94.3M117.7M179.4M161.4M138.1M
Inventory236.4M400.0M593.2M869.1M905.5M488.6M
Other Current Assets38.0M39.5M105.2M139.4M495.1M519.9M
Total Liab584.2M923.3M2.5B3.7B2.8B1.7B
Deferred Long Term Liab27.0M27.8M19.6M164.6M189.3M198.8M
Total Current Assets885.7M2.0B4.6B12.2B10.3B10.8B
Intangible Assets242.0M233.9M295.1M332.4M642.7M345.4M
Property Plant Equipment627.7M791.0M1.7B2.2B2.6B2.7B
Net Invested Capital1.6B2.6B4.7B12.6B12.9B13.5B
Net Working Capital393.6M1.1B2.3B8.7B7.6B8.0B

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Other Information on Investing in Beijing Stock

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