Fuzhou Long Term Debt vs Net Receivables Analysis

603893 Stock   158.00  11.90  7.00%   
Fuzhou Rockchip financial indicator trend analysis is much more than just examining Fuzhou Rockchip Elec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fuzhou Rockchip Elec is a good investment. Please check the relationship between Fuzhou Rockchip Long Term Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fuzhou Rockchip Electronics. 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 Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fuzhou Rockchip Elec Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fuzhou Rockchip's Long Term Debt and Net Receivables is 0.4. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Fuzhou Rockchip Electronics, assuming nothing else is changed. The correlation between historical values of Fuzhou Rockchip's Long Term Debt and Net Receivables 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 Fuzhou Rockchip Electronics are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Fuzhou Rockchip's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Fuzhou Rockchip Elec has held for over one year. Long-term debt appears on Fuzhou Rockchip Electronics 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 Fuzhou Rockchip Electronics 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.

Net Receivables

Most indicators from Fuzhou Rockchip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fuzhou Rockchip Elec 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 Fuzhou Rockchip Electronics. 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 Selling General Administrative is expected to grow to about 67 M, whereas Tax Provision is projected to grow to (45 M).
 2022 2023 2024 2025 (projected)
Gross Profit764.9M731.0M840.6M726.4M
Total Revenue2.0B2.1B2.5B1.9B

Fuzhou Rockchip fundamental ratios Correlations

0.110.0-0.14-0.01-0.17-0.38-0.07-0.50.35-0.47-0.2-0.12-0.2-0.05-0.13-0.16-0.15-0.17-0.290.050.60.140.490.13-0.23
0.110.50.910.950.920.790.770.660.590.550.80.920.740.920.940.930.590.90.540.820.431.0-0.320.750.87
0.00.50.590.580.330.340.010.3-0.020.570.520.630.70.280.570.570.840.290.060.570.720.55-0.230.620.5
-0.140.910.590.980.890.880.680.760.540.610.831.00.920.910.990.990.720.890.670.850.290.9-0.30.620.85
-0.010.950.580.980.870.840.670.720.630.60.830.980.890.910.980.980.70.880.670.860.380.95-0.290.640.83
-0.170.920.330.890.870.930.90.80.520.60.840.870.660.960.920.910.440.990.590.710.130.89-0.360.630.9
-0.380.790.340.880.840.930.80.860.50.710.860.850.710.90.880.890.440.940.740.67-0.050.76-0.320.460.82
-0.070.770.010.680.670.90.80.670.640.310.750.640.380.910.720.710.040.910.440.40.010.74-0.290.440.77
-0.50.660.30.760.720.80.860.670.450.770.680.740.640.740.790.80.440.840.740.51-0.030.65-0.660.390.82
0.350.59-0.020.540.630.520.50.640.450.10.540.50.370.70.540.53-0.010.610.570.360.230.59-0.060.110.4
-0.470.550.570.610.60.60.710.310.770.10.630.620.550.450.620.620.580.580.590.590.10.55-0.530.470.63
-0.20.80.520.830.830.840.860.750.680.540.630.820.670.850.830.820.410.820.460.60.260.8-0.320.490.79
-0.120.920.631.00.980.870.850.640.740.50.620.820.930.890.990.990.770.870.630.860.340.92-0.330.660.86
-0.20.740.70.920.890.660.710.380.640.370.550.670.930.70.90.910.880.670.60.790.320.75-0.30.550.71
-0.050.920.280.910.910.960.90.910.740.70.450.850.890.70.920.920.390.970.630.70.150.89-0.260.520.84
-0.130.940.570.990.980.920.880.720.790.540.620.830.990.90.921.00.710.920.650.830.310.93-0.370.660.9
-0.160.930.570.990.980.910.890.710.80.530.620.820.990.910.921.00.710.910.660.830.290.92-0.370.650.89
-0.150.590.840.720.70.440.440.040.44-0.010.580.410.770.880.390.710.710.40.380.760.440.61-0.310.640.56
-0.170.90.290.890.880.990.940.910.840.610.580.820.870.670.970.920.910.40.670.680.090.87-0.340.580.88
-0.290.540.060.670.670.590.740.440.740.570.590.460.630.60.630.650.660.380.670.61-0.260.5-0.260.160.47
0.050.820.570.850.860.710.670.40.510.360.590.60.860.790.70.830.830.760.680.610.330.82-0.110.540.65
0.60.430.720.290.380.13-0.050.01-0.030.230.10.260.340.320.150.310.290.440.09-0.260.330.5-0.090.510.31
0.141.00.550.90.950.890.760.740.650.590.550.80.920.750.890.930.920.610.870.50.820.5-0.340.770.87
0.49-0.32-0.23-0.3-0.29-0.36-0.32-0.29-0.66-0.06-0.53-0.32-0.33-0.3-0.26-0.37-0.37-0.31-0.34-0.26-0.11-0.09-0.34-0.33-0.64
0.130.750.620.620.640.630.460.440.390.110.470.490.660.550.520.660.650.640.580.160.540.510.77-0.330.68
-0.230.870.50.850.830.90.820.770.820.40.630.790.860.710.840.90.890.560.880.470.650.310.87-0.640.68
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Fuzhou Rockchip Account Relationship Matchups

Fuzhou Rockchip fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab133.4M128.7M89.9M28.5K32.7K31.1K
Total Current Liabilities391.6M484.8M411.5M420.6M483.7M344.0M
Other Liab33.0M66.0M24.1M29.0M33.3M34.5M
Net Tangible Assets1.6B2.1B2.7B2.8B3.2B1.8B
Retained Earnings811.8M1.2B1.1B983.9M1.1B705.4M
Accounts Payable188.0M268.5M267.3M309.4M355.9M209.7M
Other Assets78.0M72.5M125.9M177.9M204.6M106.8M
Net Receivables157.9M309.8M279.0M294.3M338.4M214.6M
Inventory241.9M474.3M1.5B1.3B1.4B1.5B
Other Current Assets19.8M136.7M144.9M35.8M41.2M55.4M
Other Stockholder Equity345.6K232.5K(15.8K)421.2K484.4K508.6K
Deferred Long Term Liab31.2M50.4M70.9M61.5M70.8M52.6M
Total Current Assets2.4B2.8B2.7B2.9B3.3B2.1B
Property Plant Equipment29.2M42.1M100.4M86.0M98.9M50.8M
Total Assets2.7B3.4B3.4B3.5B4.0B2.7B
Total Stockholder Equity2.3B2.9B2.9B3.1B3.5B2.3B
Cash1.5B669.2M710.9M1.0B1.2B998.7M
Non Current Assets Total306.3M546.6M646.7M654.1M752.2M412.1M
Non Currrent Assets Other2.6M22.3M40.0M25.3M29.1M23.4M
Non Current Liabilities Total66.0M43.3M38.4M25.9M29.8M40.4M
Total Liab457.6M528.1M449.9M446.5M513.5M397.4M
Intangible Assets149.7M119.4M100.9M127.8M147.0M120.8M
Common Stock Shares Outstanding415.9M417.3M417.6M418.1M480.8M436.8M
Net Invested Capital2.3B2.9B2.9B3.1B3.5B2.5B
Net Working Capital2.0B2.3B2.3B2.4B2.8B2.1B
Capital Stock415.9M417.3M417.6M418.1M480.8M441.7M
Property Plant And Equipment Net42.1M100.4M86.0M53.9M62.0M68.6M
Property Plant And Equipment Gross106.3M184.2M86.0M178.2M204.9M140.2M

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Other Information on Investing in Fuzhou Stock

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