Nanjing Depreciation vs Change To Account Receivables 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 Depreciation and its Change To Account Receivables 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.

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Canatal Data Depreciation account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Nanjing Canatal's Depreciation and Change To Account Receivables is -0.43. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Account Receivables 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 Depreciation and Change To Account 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 Depreciation of Nanjing Canatal Data are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Depreciation i.e., Nanjing Canatal's Depreciation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Nanjing Canatal Data value has been used up. For tax purposes Nanjing Canatal can deduct the cost of the tangible assets it purchases as business expenses. However, Nanjing Canatal Data must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Account Receivables

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 Income	50.1M	26.4M	23.7M	22.6M
Total Revenue	624.8M	635.4M	730.7M	576.7M

Operating Income Total Revenue

Nanjing Canatal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Common Stock Shares Outstanding	Short Term Investments
Total Assets		-0.73	0.84	0.99	-0.92	0.71	0.83	0.98	0.88	0.86	0.85	0.78	0.85	0.85	0.83	0.9	0.82	0.96	-0.64	0.79	0.95	0.9	0.69	0.78	0.92	0.89
Other Current Liab	-0.73		-0.58	-0.71	0.63	-0.34	-0.55	-0.67	-0.64	-0.52	-0.63	-0.38	-0.63	-0.47	-0.58	-0.82	-0.48	-0.85	0.23	-0.65	-0.85	-0.6	-0.54	-0.58	-0.79	-0.67
Total Current Liabilities	0.84	-0.58		0.8	-0.9	0.78	0.96	0.84	0.79	0.94	0.89	0.85	0.97	0.91	0.92	0.79	0.83	0.84	-0.55	0.81	0.83	0.93	0.62	0.61	0.71	0.61
Total Stockholder Equity	0.99	-0.71	0.8		-0.9	0.66	0.8	0.97	0.83	0.84	0.86	0.79	0.8	0.85	0.82	0.85	0.8	0.94	-0.66	0.74	0.93	0.89	0.72	0.8	0.93	0.91
Other Liab	-0.92	0.63	-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	-0.88	0.73	-0.89	-0.88	-0.94	-0.64	-0.63	-0.72	-0.68
Retained Earnings	0.71	-0.34	0.78	0.66	-0.85		0.85	0.74	0.82	0.85	0.67	0.63	0.84	0.78	0.82	0.63	0.9	0.62	-0.71	0.84	0.62	0.8	0.54	0.39	0.4	0.43
Accounts Payable	0.83	-0.55	0.96	0.8	-0.95	0.85		0.85	0.81	0.97	0.87	0.82	0.95	0.9	0.97	0.73	0.93	0.8	-0.71	0.83	0.79	0.93	0.69	0.55	0.63	0.56
Cash	0.98	-0.67	0.84	0.97	-0.92	0.74	0.85		0.9	0.88	0.8	0.78	0.86	0.83	0.81	0.88	0.83	0.93	-0.61	0.82	0.92	0.9	0.64	0.75	0.87	0.87
Other Assets	0.88	-0.64	0.79	0.83	-0.93	0.82	0.81	0.9		0.8	0.69	0.64	0.89	0.74	0.78	0.91	0.84	0.86	-0.53	0.94	0.87	0.84	0.42	0.58	0.67	0.68
Net Receivables	0.86	-0.52	0.94	0.84	-0.93	0.85	0.97	0.88	0.8		0.9	0.86	0.94	0.94	0.95	0.71	0.93	0.79	-0.72	0.83	0.77	0.97	0.73	0.62	0.68	0.67
Inventory	0.85	-0.63	0.89	0.86	-0.87	0.67	0.87	0.8	0.69	0.9		0.9	0.85	0.94	0.93	0.7	0.84	0.81	-0.69	0.7	0.79	0.94	0.74	0.71	0.77	0.71
Other Current Assets	0.78	-0.38	0.85	0.79	-0.8	0.63	0.82	0.78	0.64	0.86	0.9		0.78	0.86	0.84	0.61	0.8	0.69	-0.71	0.6	0.69	0.89	0.52	0.63	0.67	0.62
Total Liab	0.85	-0.63	0.97	0.8	-0.93	0.84	0.95	0.86	0.89	0.94	0.85	0.78		0.88	0.91	0.83	0.88	0.84	-0.54	0.93	0.84	0.94	0.59	0.58	0.67	0.63
Intangible Assets	0.85	-0.47	0.91	0.85	-0.89	0.78	0.9	0.83	0.74	0.94	0.94	0.86	0.88		0.93	0.67	0.88	0.76	-0.7	0.75	0.74	0.95	0.75	0.67	0.71	0.71
Common Stock	0.83	-0.58	0.92	0.82	-0.95	0.82	0.97	0.81	0.78	0.95	0.93	0.84	0.91	0.93		0.69	0.95	0.78	-0.79	0.8	0.77	0.94	0.74	0.58	0.64	0.58
Property Plant Equipment	0.9	-0.82	0.79	0.85	-0.84	0.63	0.73	0.88	0.91	0.71	0.7	0.61	0.83	0.67	0.69		0.66	0.96	-0.34	0.82	0.98	0.76	0.43	0.69	0.84	0.75
Net Tangible Assets	0.82	-0.48	0.83	0.8	-0.95	0.9	0.93	0.83	0.84	0.93	0.84	0.8	0.88	0.88	0.95	0.66		0.72	-0.86	0.85	0.71	0.92	0.66	0.52	0.55	0.57
Non Current Assets Total	0.96	-0.85	0.84	0.94	-0.88	0.62	0.8	0.93	0.86	0.79	0.81	0.69	0.84	0.76	0.78	0.96	0.72		-0.48	0.77	1.0	0.83	0.63	0.76	0.93	0.83
Non Currrent Assets Other	-0.64	0.23	-0.55	-0.66	0.73	-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
Non Current Liabilities Total	0.79	-0.65	0.81	0.74	-0.89	0.84	0.83	0.82	0.94	0.83	0.7	0.6	0.93	0.75	0.8	0.82	0.85	0.77	-0.48		0.78	0.86	0.49	0.49	0.57	0.62
Short Long Term Debt	0.95	-0.85	0.83	0.93	-0.88	0.62	0.79	0.92	0.87	0.77	0.79	0.69	0.84	0.74	0.77	0.98	0.71	1.0	-0.46	0.78		0.82	0.58	0.75	0.92	0.81
Total Current Assets	0.9	-0.6	0.93	0.89	-0.94	0.8	0.93	0.9	0.84	0.97	0.94	0.89	0.94	0.95	0.94	0.76	0.92	0.83	-0.69	0.86	0.82		0.7	0.67	0.75	0.76
Non Current Liabilities Other	0.69	-0.54	0.62	0.72	-0.64	0.54	0.69	0.64	0.42	0.73	0.74	0.52	0.59	0.75	0.74	0.43	0.66	0.63	-0.64	0.49	0.58	0.7		0.65	0.66	0.66
Short Term Debt	0.78	-0.58	0.61	0.8	-0.63	0.39	0.55	0.75	0.58	0.62	0.71	0.63	0.58	0.67	0.58	0.69	0.52	0.76	-0.4	0.49	0.75	0.67	0.65		0.84	0.81
Common Stock Shares Outstanding	0.92	-0.79	0.71	0.93	-0.72	0.4	0.63	0.87	0.67	0.68	0.77	0.67	0.67	0.71	0.64	0.84	0.55	0.93	-0.4	0.57	0.92	0.75	0.66	0.84		0.93
Short Term Investments	0.89	-0.67	0.61	0.91	-0.68	0.43	0.56	0.87	0.68	0.67	0.71	0.62	0.63	0.71	0.58	0.75	0.57	0.83	-0.4	0.62	0.81	0.76	0.66	0.81	0.93

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Nanjing Canatal Account Relationship Matchups

Nanjing Canatal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	2.0B	2.0B	3.0B	3.4B	3.6B
Other Current Liab	124.9M	123.0M	903.0K	2.9M	2.6M	2.5M
Total Current Liabilities	416.4M	572.6M	722.3M	774.9M	891.1M	495.7M
Total Stockholder Equity	952.1M	1.0B	1.0B	1.9B	2.2B	2.3B
Other Liab	33.1M	32.3M	27.4M	26.9M	24.2M	27.8M
Retained Earnings	301.1M	332.0M	314.3M	251.7M	289.4M	223.4M
Accounts Payable	212.1M	219.2M	323.8M	291.7M	335.5M	196.5M
Cash	658.2M	817.7M	678.1M	1.1B	1.2B	1.3B
Other Assets	17.4M	34.5M	73.4M	49.1M	56.5M	59.3M
Net Receivables	251.3M	229.2M	261.4M	300.9M	346.0M	214.6M
Inventory	227.8M	240.9M	278.5M	359.4M	413.3M	263.8M
Other Current Assets	3.2M	6.2M	4.8M	9.2M	10.6M	5.4M
Total Liab	699.5M	961.1M	1.0B	1.1B	1.2B	660.6M
Intangible Assets	60.9M	59.3M	58.9M	74.3M	85.4M	59.5M
Common Stock	217.0M	216.9M	216.9M	303.7M	349.3M	196.2M
Property Plant Equipment	81.1M	81.5M	95.8M	206.3M	237.3M	249.1M
Net Tangible Assets	726.6M	891.2M	958.1M	942.5M	1.1B	704.4M
Non Current Assets Total	214.9M	396.7M	617.8M	691.2M	794.9M	834.7M
Non Currrent Assets Other	15.9M	57.7M	31.2M	30.1M	27.1M	27.4M
Non Current Liabilities Total	283.2M	388.5M	296.3M	304.4M	350.0M	194.9M
Short Long Term Debt	60M	200.1M	280.2M	320.2M	368.2M	386.6M
Total Current Assets	1.4B	1.6B	1.4B	2.3B	2.6B	1.4B
Non Current Liabilities Other	8.1M	5.2M	7.4M	7.3M	8.4M	7.5M
Short Term Investments	290.8M	201.4M	100.0M	421.5M	484.7M	509.0M
Net Invested Capital	1.3B	1.6B	1.6B	2.5B	2.9B	3.0B
Net Working Capital	1.0B	1.0B	680.0M	1.5B	1.7B	937.1M
Capital Stock	216.9M	216.9M	303.7M	541.8M	623.0M	312.9M
Property Plant And Equipment Net	95.8M	206.3M	423.6M	474.5M	545.6M	282.0M
Property Plant And Equipment Gross	164.0M	281.7M	507.8M	474.5M	545.6M	345.2M

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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.

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Nanjing Depreciation vs Change To Account Receivables Analysis

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Depreciation

Change To Account Receivables

Nanjing Canatal fundamental ratios Correlations

Nanjing Canatal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanjing Canatal fundamental ratios Accounts

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Short Long Term Debt	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Cash	+ 0.98	Total Assets
Short Long Term Debt	+ 0.98	Property Plant Equipment
Total Liab	+ 0.97	Total Current Liabilities
Cash	+ 0.97	Total Stockholder Equity

Net Tangible Assets	- 0.95	Other Liab
Common Stock	- 0.95	Other Liab
Accounts Payable	- 0.95	Other Liab
Total Current Assets	- 0.94	Other Liab
Total Liab	- 0.93	Other Liab
Net Receivables	- 0.93	Other Liab