Beijing Accounts Payable vs Retained Earnings Analysis

688169 Stock

205.50 3.34 1.60%

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

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Roborock Tec Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Beijing Roborock's Accounts Payable and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Beijing Roborock Technology, assuming nothing else is changed. The correlation between historical values of Beijing Roborock's Accounts Payable and Retained Earnings 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 Beijing Roborock Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Beijing Roborock's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Accounts Payable

An accounting item on the balance sheet that represents Beijing Roborock 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 Beijing Roborock Tec 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Beijing Roborock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Roborock Tec 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 Roborock Technology. 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 2 B, whereas Tax Provision is forecasted to decline to about 164.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8B	3.3B	4.8B	5.0B
Total Revenue	5.8B	6.6B	8.7B	4.7B

Gross Profit Total Revenue

Beijing Roborock fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Net Working Capital	Other Stockholder Equity	Capital Stock	Other Liab	Property Plant And Equipment Net
Total Assets		0.93	0.94	1.0	1.0	0.99	0.92	0.81	0.99	0.97	0.41	0.18	0.98	0.84	0.94	0.92	0.95	0.94	0.86	0.93	0.93	0.92	-0.01	0.88	0.45	0.88
Other Current Liab	0.93		1.0	0.9	0.89	0.96	0.99	0.54	0.96	0.98	0.14	0.24	0.94	0.98	1.0	0.76	0.88	0.9	0.85	0.77	0.78	0.73	0.23	0.87	0.19	0.78
Total Current Liabilities	0.94	1.0		0.91	0.91	0.96	1.0	0.57	0.97	0.97	0.19	0.26	0.96	0.96	1.0	0.78	0.9	0.92	0.84	0.79	0.8	0.75	0.17	0.87	0.22	0.8
Total Stockholder Equity	1.0	0.9	0.91		1.0	0.98	0.89	0.85	0.98	0.95	0.46	0.16	0.97	0.8	0.91	0.94	0.94	0.93	0.85	0.94	0.95	0.94	-0.05	0.87	0.5	0.88
Net Tangible Assets	1.0	0.89	0.91	1.0		0.98	0.88	0.86	0.97	0.95	0.47	0.16	0.97	0.79	0.91	0.94	0.94	0.93	0.85	0.95	0.95	0.95	-0.06	0.86	0.51	0.88
Retained Earnings	0.99	0.96	0.96	0.98	0.98		0.94	0.75	0.99	0.98	0.28	0.2	0.98	0.88	0.96	0.88	0.94	0.96	0.88	0.88	0.9	0.87	0.11	0.9	0.33	0.89
Accounts Payable	0.92	0.99	1.0	0.89	0.88	0.94		0.52	0.95	0.95	0.15	0.29	0.94	0.97	1.0	0.75	0.88	0.9	0.83	0.76	0.77	0.72	0.18	0.85	0.18	0.79
Cash	0.81	0.54	0.57	0.85	0.86	0.75	0.52		0.73	0.68	0.66	0.08	0.74	0.38	0.57	0.9	0.77	0.72	0.66	0.9	0.91	0.95	-0.29	0.66	0.7	0.77
Non Current Assets Total	0.99	0.96	0.97	0.98	0.97	0.99	0.95	0.73		0.98	0.3	0.15	0.97	0.89	0.97	0.87	0.91	0.97	0.88	0.88	0.9	0.87	0.06	0.89	0.34	0.89
Non Currrent Assets Other	0.97	0.98	0.97	0.95	0.95	0.98	0.95	0.68	0.98		0.27	0.16	0.95	0.93	0.97	0.84	0.9	0.91	0.88	0.84	0.85	0.82	0.17	0.9	0.33	0.81
Other Assets	0.41	0.14	0.19	0.46	0.47	0.28	0.15	0.66	0.3	0.27		-0.2	0.31	0.06	0.18	0.55	0.38	0.16	0.18	0.61	0.53	0.61	-0.76	0.18	0.99	0.19
Net Receivables	0.18	0.24	0.26	0.16	0.16	0.2	0.29	0.08	0.15	0.16	-0.2		0.32	0.16	0.26	0.21	0.39	0.19	0.24	0.15	0.16	0.15	0.38	0.24	-0.19	0.19
Inventory	0.98	0.94	0.96	0.97	0.97	0.98	0.94	0.74	0.97	0.95	0.31	0.32		0.85	0.96	0.89	0.98	0.94	0.85	0.89	0.9	0.88	0.08	0.87	0.34	0.87
Other Current Assets	0.84	0.98	0.96	0.8	0.79	0.88	0.97	0.38	0.89	0.93	0.06	0.16	0.85		0.96	0.64	0.78	0.81	0.79	0.65	0.66	0.6	0.29	0.81	0.1	0.66
Total Liab	0.94	1.0	1.0	0.91	0.91	0.96	1.0	0.57	0.97	0.97	0.18	0.26	0.96	0.96		0.78	0.9	0.92	0.85	0.79	0.8	0.75	0.18	0.87	0.22	0.8
Total Current Assets	0.92	0.76	0.78	0.94	0.94	0.88	0.75	0.9	0.87	0.84	0.55	0.21	0.89	0.64	0.78		0.9	0.84	0.88	0.99	1.0	0.99	-0.16	0.88	0.59	0.87
Common Stock	0.95	0.88	0.9	0.94	0.94	0.94	0.88	0.77	0.91	0.9	0.38	0.39	0.98	0.78	0.9	0.9		0.87	0.81	0.89	0.89	0.89	0.07	0.82	0.42	0.81
Property Plant Equipment	0.94	0.9	0.92	0.93	0.93	0.96	0.9	0.72	0.97	0.91	0.16	0.19	0.94	0.81	0.92	0.84	0.87		0.84	0.83	0.87	0.82	0.08	0.86	0.2	0.96
Common Stock Shares Outstanding	0.86	0.85	0.84	0.85	0.85	0.88	0.83	0.66	0.88	0.88	0.18	0.24	0.85	0.79	0.85	0.88	0.81	0.84		0.85	0.89	0.83	0.21	1.0	0.24	0.85
Short Term Investments	0.93	0.77	0.79	0.94	0.95	0.88	0.76	0.9	0.88	0.84	0.61	0.15	0.89	0.65	0.79	0.99	0.89	0.83	0.85		0.99	0.99	-0.22	0.85	0.64	0.85
Net Invested Capital	0.93	0.78	0.8	0.95	0.95	0.9	0.77	0.91	0.9	0.85	0.53	0.16	0.9	0.66	0.8	1.0	0.89	0.87	0.89	0.99		0.99	-0.15	0.89	0.56	0.9
Net Working Capital	0.92	0.73	0.75	0.94	0.95	0.87	0.72	0.95	0.87	0.82	0.61	0.15	0.88	0.6	0.75	0.99	0.89	0.82	0.83	0.99	0.99		-0.2	0.83	0.65	0.85
Other Stockholder Equity	-0.01	0.23	0.17	-0.05	-0.06	0.11	0.18	-0.29	0.06	0.17	-0.76	0.38	0.08	0.29	0.18	-0.16	0.07	0.08	0.21	-0.22	-0.15	-0.2		0.22	-0.69	-0.01
Capital Stock	0.88	0.87	0.87	0.87	0.86	0.9	0.85	0.66	0.89	0.9	0.18	0.24	0.87	0.81	0.87	0.88	0.82	0.86	1.0	0.85	0.89	0.83	0.22		0.23	0.86
Other Liab	0.45	0.19	0.22	0.5	0.51	0.33	0.18	0.7	0.34	0.33	0.99	-0.19	0.34	0.1	0.22	0.59	0.42	0.2	0.24	0.64	0.56	0.65	-0.69	0.23		0.21
Property Plant And Equipment Net	0.88	0.78	0.8	0.88	0.88	0.89	0.79	0.77	0.89	0.81	0.19	0.19	0.87	0.66	0.8	0.87	0.81	0.96	0.85	0.85	0.9	0.85	-0.01	0.86	0.21

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Beijing Roborock Account Relationship Matchups

Beijing Roborock fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	7.8B	9.8B	10.8B	14.4B	15.1B
Other Current Liab	58.8M	120.8M	194.5M	240.7M	618.0M	648.9M
Total Current Liabilities	478.3M	718.6M	1.3B	1.2B	2.9B	3.0B
Total Stockholder Equity	1.5B	7.1B	8.5B	9.6B	11.4B	11.9B
Net Tangible Assets	1.5B	7.1B	8.5B	9.5B	11.0B	11.5B
Retained Earnings	878.1M	2.1B	3.4B	4.4B	6.2B	6.5B
Accounts Payable	276.8M	337.7M	686.6M	589.6M	1.5B	1.6B
Cash	247.8M	1.4B	1.3B	1.8B	893.0M	812.9M
Non Current Assets Total	135.4M	1.8B	3.3B	3.5B	5.5B	5.8B
Non Currrent Assets Other	40.4M	1.4B	1.2B	1.9B	3.5B	3.7B
Other Assets	13.8M	1.3B	747.6M	106.0M	121.8M	115.8M
Net Receivables	302.7M	135.8M	125.3M	327.5M	274.7M	211.7M
Non Current Liabilities Total	424.7K	15.2M	16.8M	71.6M	116.1M	121.9M
Inventory	296.6M	381.0M	595.6M	693.7M	928.2M	974.6M
Other Current Assets	85.5M	111.8M	170.5M	126.5M	1.0B	1.1B
Total Liab	478.8M	733.8M	1.3B	1.3B	3.0B	3.1B
Total Current Assets	1.8B	6.0B	6.5B	7.3B	8.9B	4.5B
Property Plant Equipment	67.4M	60.9M	1.3B	1.4B	1.6B	1.7B
Short Term Investments	895.2M	3.8B	4.1B	3.8B	5.0B	2.8B
Net Invested Capital	1.5B	7.1B	8.5B	9.6B	11.4B	6.1B
Net Working Capital	1.3B	5.3B	5.2B	6.1B	6.0B	3.9B
Other Stockholder Equity	3.6M	(7.5M)	(13.2M)	4.5M	4.1M	4.3M

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Roborock Tec at a specified time, usually calculated after every quarter, six months, or one year. Beijing Roborock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Roborock 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.

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Beijing Accounts Payable vs Retained Earnings Analysis

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

Correlation Coefficient

Accounts Payable

Retained Earnings

Beijing Roborock fundamental ratios Correlations

Beijing Roborock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Roborock fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Other Stockholder Equity	- 0.76	Other Assets
Other Liab	- 0.69	Other Stockholder Equity
Other Stockholder Equity	- 0.29	Cash
Other Stockholder Equity	- 0.22	Short Term Investments
Other Stockholder Equity	- 0.2	Net Working Capital
Net Receivables	- 0.2	Other Assets