Nanjing Accounts Payable vs Total Liab Analysis

603912 Stock   7.26  0.03  0.41%   
Nanjing Canatal financial indicator trend analysis is infinitely more than just investigating Nanjing Canatal Data recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Canatal Data is a good investment. Please check the relationship between Nanjing Canatal Accounts Payable and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Canatal Data. 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.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Canatal Data Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nanjing Canatal's Accounts Payable and Total Liab is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Nanjing Canatal Data, assuming nothing else is changed. The correlation between historical values of Nanjing Canatal's Accounts Payable and Total 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 Accounts Payable of Nanjing Canatal Data are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Nanjing Canatal's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Nanjing Canatal obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nanjing Canatal Data are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Nanjing Canatal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Canatal Data 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 Nanjing Canatal Data. 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.
As of January 7, 2025, Selling General Administrative is expected to decline to about 60.1 M. In addition to that, Tax Provision is expected to decline to about 1.1 M
 2022 2023 2024 2025 (projected)
Operating Income50.1M26.4M23.7M22.6M
Total Revenue624.8M635.4M730.7M576.7M

Nanjing Canatal fundamental ratios Correlations

-0.730.840.99-0.920.710.830.980.880.860.850.780.850.850.830.90.820.96-0.640.790.950.90.690.780.920.89
-0.73-0.58-0.710.63-0.34-0.55-0.67-0.64-0.52-0.63-0.38-0.63-0.47-0.58-0.82-0.48-0.850.23-0.65-0.85-0.6-0.54-0.58-0.79-0.67
0.84-0.580.8-0.90.780.960.840.790.940.890.850.970.910.920.790.830.84-0.550.810.830.930.620.610.710.61
0.99-0.710.8-0.90.660.80.970.830.840.860.790.80.850.820.850.80.94-0.660.740.930.890.720.80.930.91
-0.920.63-0.9-0.9-0.85-0.95-0.92-0.93-0.93-0.87-0.8-0.93-0.89-0.95-0.84-0.95-0.880.73-0.89-0.88-0.94-0.64-0.63-0.72-0.68
0.71-0.340.780.66-0.850.850.740.820.850.670.630.840.780.820.630.90.62-0.710.840.620.80.540.390.40.43
0.83-0.550.960.8-0.950.850.850.810.970.870.820.950.90.970.730.930.8-0.710.830.790.930.690.550.630.56
0.98-0.670.840.97-0.920.740.850.90.880.80.780.860.830.810.880.830.93-0.610.820.920.90.640.750.870.87
0.88-0.640.790.83-0.930.820.810.90.80.690.640.890.740.780.910.840.86-0.530.940.870.840.420.580.670.68
0.86-0.520.940.84-0.930.850.970.880.80.90.860.940.940.950.710.930.79-0.720.830.770.970.730.620.680.67
0.85-0.630.890.86-0.870.670.870.80.690.90.90.850.940.930.70.840.81-0.690.70.790.940.740.710.770.71
0.78-0.380.850.79-0.80.630.820.780.640.860.90.780.860.840.610.80.69-0.710.60.690.890.520.630.670.62
0.85-0.630.970.8-0.930.840.950.860.890.940.850.780.880.910.830.880.84-0.540.930.840.940.590.580.670.63
0.85-0.470.910.85-0.890.780.90.830.740.940.940.860.880.930.670.880.76-0.70.750.740.950.750.670.710.71
0.83-0.580.920.82-0.950.820.970.810.780.950.930.840.910.930.690.950.78-0.790.80.770.940.740.580.640.58
0.9-0.820.790.85-0.840.630.730.880.910.710.70.610.830.670.690.660.96-0.340.820.980.760.430.690.840.75
0.82-0.480.830.8-0.950.90.930.830.840.930.840.80.880.880.950.660.72-0.860.850.710.920.660.520.550.57
0.96-0.850.840.94-0.880.620.80.930.860.790.810.690.840.760.780.960.72-0.480.771.00.830.630.760.930.83
-0.640.23-0.55-0.660.73-0.71-0.71-0.61-0.53-0.72-0.69-0.71-0.54-0.7-0.79-0.34-0.86-0.48-0.48-0.46-0.69-0.64-0.4-0.4-0.4
0.79-0.650.810.74-0.890.840.830.820.940.830.70.60.930.750.80.820.850.77-0.480.780.860.490.490.570.62
0.95-0.850.830.93-0.880.620.790.920.870.770.790.690.840.740.770.980.711.0-0.460.780.820.580.750.920.81
0.9-0.60.930.89-0.940.80.930.90.840.970.940.890.940.950.940.760.920.83-0.690.860.820.70.670.750.76
0.69-0.540.620.72-0.640.540.690.640.420.730.740.520.590.750.740.430.660.63-0.640.490.580.70.650.660.66
0.78-0.580.610.8-0.630.390.550.750.580.620.710.630.580.670.580.690.520.76-0.40.490.750.670.650.840.81
0.92-0.790.710.93-0.720.40.630.870.670.680.770.670.670.710.640.840.550.93-0.40.570.920.750.660.840.93
0.89-0.670.610.91-0.680.430.560.870.680.670.710.620.630.710.580.750.570.83-0.40.620.810.760.660.810.93
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Nanjing Canatal Account Relationship Matchups

Nanjing Canatal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7B2.0B2.0B3.0B3.4B3.6B
Other Current Liab124.9M123.0M903.0K2.9M2.6M2.5M
Total Current Liabilities416.4M572.6M722.3M774.9M891.1M495.7M
Total Stockholder Equity952.1M1.0B1.0B1.9B2.2B2.3B
Other Liab33.1M32.3M27.4M26.9M24.2M27.8M
Retained Earnings301.1M332.0M314.3M251.7M289.4M223.4M
Accounts Payable212.1M219.2M323.8M291.7M335.5M196.5M
Cash658.2M817.7M678.1M1.1B1.2B1.3B
Other Assets17.4M34.5M73.4M49.1M56.5M59.3M
Net Receivables251.3M229.2M261.4M300.9M346.0M214.6M
Inventory227.8M240.9M278.5M359.4M413.3M263.8M
Other Current Assets3.2M6.2M4.8M9.2M10.6M5.4M
Total Liab699.5M961.1M1.0B1.1B1.2B660.6M
Intangible Assets60.9M59.3M58.9M74.3M85.4M59.5M
Common Stock217.0M216.9M216.9M303.7M349.3M196.2M
Property Plant Equipment81.1M81.5M95.8M206.3M237.3M249.1M
Net Tangible Assets726.6M891.2M958.1M942.5M1.1B704.4M
Non Current Assets Total214.9M396.7M617.8M691.2M794.9M834.7M
Non Currrent Assets Other15.9M57.7M31.2M30.1M27.1M27.4M
Non Current Liabilities Total283.2M388.5M296.3M304.4M350.0M194.9M
Short Long Term Debt60M200.1M280.2M320.2M368.2M386.6M
Total Current Assets1.4B1.6B1.4B2.3B2.6B1.4B
Non Current Liabilities Other8.1M5.2M7.4M7.3M8.4M7.5M
Short Term Investments290.8M201.4M100.0M421.5M484.7M509.0M
Net Invested Capital1.3B1.6B1.6B2.5B2.9B3.0B
Net Working Capital1.0B1.0B680.0M1.5B1.7B937.1M
Capital Stock216.9M216.9M303.7M541.8M623.0M312.9M
Property Plant And Equipment Net95.8M206.3M423.6M474.5M545.6M282.0M
Property Plant And Equipment Gross164.0M281.7M507.8M474.5M545.6M345.2M

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Other Information on Investing in Nanjing Stock

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