Bangyan Accounts Payable vs Common Stock Shares Outstanding Analysis

688132 Stock   16.92  0.00  0.00%   
Bangyan Technology financial indicator trend analysis is way more than just evaluating Bangyan Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bangyan Technology is a good investment. Please check the relationship between Bangyan Technology Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bangyan Technology Co. 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bangyan Technology Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Bangyan Technology's Accounts Payable and Common Stock Shares Outstanding is -0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bangyan Technology Co, assuming nothing else is changed. The correlation between historical values of Bangyan Technology's Accounts Payable and Common Stock Shares Outstanding 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 Bangyan Technology Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Bangyan Technology's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Bangyan Technology 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 Bangyan Technology 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bangyan Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bangyan Technology 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 Bangyan Technology Co. 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 (6 M). In addition to that, Selling General Administrative is expected to decline to about 49 M
 2021 2022 2023 2024 (projected)
Interest Expense9.4M24.7M6.5M12.7M
Interest Income228.1K1.2M6.1M6.4M

Bangyan Technology fundamental ratios Correlations

-0.73-0.80.980.810.90.93-0.870.840.920.58-0.77-0.190.92-0.740.480.92-0.92-0.791.00.88-0.20.970.920.97-0.77
-0.730.94-0.68-0.68-0.81-0.620.8-0.25-0.81-0.810.50.79-0.780.46-0.7-0.870.660.58-0.73-0.750.81-0.63-0.78-0.670.77
-0.80.94-0.8-0.57-0.74-0.590.94-0.42-0.75-0.590.760.7-0.890.73-0.44-0.920.840.81-0.79-0.670.71-0.77-0.89-0.790.84
0.98-0.68-0.80.670.850.85-0.920.840.830.45-0.85-0.140.97-0.820.320.94-0.96-0.880.980.77-0.180.990.971.0-0.69
0.81-0.68-0.570.670.870.93-0.50.590.960.85-0.29-0.260.58-0.240.850.66-0.56-0.30.80.99-0.20.660.580.64-0.72
0.9-0.81-0.740.850.870.93-0.740.590.960.83-0.47-0.310.83-0.430.750.9-0.7-0.560.910.93-0.360.810.830.83-0.61
0.93-0.62-0.590.850.930.93-0.640.790.950.7-0.49-0.060.74-0.450.660.78-0.72-0.520.930.96-0.060.850.740.83-0.64
-0.870.80.94-0.92-0.5-0.74-0.64-0.62-0.71-0.410.90.42-0.980.88-0.24-0.960.950.95-0.88-0.620.48-0.9-0.98-0.930.73
0.84-0.25-0.420.840.590.590.79-0.620.640.13-0.740.320.68-0.740.080.6-0.82-0.70.840.630.340.890.680.84-0.55
0.92-0.81-0.750.830.960.960.95-0.710.640.84-0.49-0.350.77-0.440.780.84-0.73-0.520.910.99-0.340.80.770.8-0.78
0.58-0.81-0.590.450.850.830.7-0.410.130.84-0.03-0.580.480.020.980.63-0.31-0.120.570.85-0.580.390.480.42-0.53
-0.770.50.76-0.85-0.29-0.47-0.490.9-0.74-0.49-0.030.15-0.851.00.12-0.750.950.98-0.77-0.40.16-0.87-0.85-0.860.67
-0.190.790.7-0.14-0.26-0.31-0.060.420.32-0.35-0.580.15-0.330.13-0.51-0.430.220.21-0.18-0.30.97-0.08-0.33-0.120.56
0.92-0.78-0.890.970.580.830.74-0.980.680.770.48-0.85-0.33-0.830.320.98-0.94-0.920.930.69-0.40.941.00.97-0.68
-0.740.460.73-0.82-0.24-0.43-0.450.88-0.74-0.440.021.00.13-0.830.17-0.720.940.98-0.74-0.350.14-0.85-0.83-0.840.65
0.48-0.7-0.440.320.850.750.66-0.240.080.780.980.12-0.510.320.170.48-0.170.050.470.82-0.480.270.320.29-0.47
0.92-0.87-0.920.940.660.90.78-0.960.60.840.63-0.75-0.430.98-0.720.48-0.88-0.830.930.77-0.50.90.980.93-0.69
-0.920.660.84-0.96-0.56-0.7-0.720.95-0.82-0.73-0.310.950.22-0.940.94-0.17-0.880.95-0.92-0.660.23-0.97-0.94-0.960.79
-0.790.580.81-0.88-0.3-0.56-0.520.95-0.7-0.52-0.120.980.21-0.920.980.05-0.830.95-0.8-0.420.26-0.89-0.92-0.90.63
1.0-0.73-0.790.980.80.910.93-0.880.840.910.57-0.77-0.180.93-0.740.470.93-0.92-0.80.87-0.20.980.930.98-0.75
0.88-0.75-0.670.770.990.930.96-0.620.630.990.85-0.4-0.30.69-0.350.820.77-0.66-0.420.87-0.260.750.690.74-0.75
-0.20.810.71-0.18-0.2-0.36-0.060.480.34-0.34-0.580.160.97-0.40.14-0.48-0.50.230.26-0.2-0.26-0.11-0.4-0.170.44
0.97-0.63-0.770.990.660.810.85-0.90.890.80.39-0.87-0.080.94-0.850.270.9-0.97-0.890.980.75-0.110.940.99-0.71
0.92-0.78-0.890.970.580.830.74-0.980.680.770.48-0.85-0.331.0-0.830.320.98-0.94-0.920.930.69-0.40.940.97-0.68
0.97-0.67-0.791.00.640.830.83-0.930.840.80.42-0.86-0.120.97-0.840.290.93-0.96-0.90.980.74-0.170.990.97-0.67
-0.770.770.84-0.69-0.72-0.61-0.640.73-0.55-0.78-0.530.670.56-0.680.65-0.47-0.690.790.63-0.75-0.750.44-0.71-0.68-0.67
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Bangyan Technology Account Relationship Matchups

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Other Information on Investing in Bangyan Stock

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