Cansino Other Current Liab vs Non Currrent Assets Other Analysis

688185 Stock   55.11  1.99  3.49%   
Cansino Biologics financial indicator trend analysis is way more than just evaluating Cansino Biologics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cansino Biologics is a good investment. Please check the relationship between Cansino Biologics Other Current Liab and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cansino Biologics. 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.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cansino Biologics Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cansino Biologics' Other Current Liab and Non Currrent Assets Other is 0.79. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Cansino Biologics, assuming nothing else is changed. The correlation between historical values of Cansino Biologics' Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Cansino Biologics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Cansino Biologics' Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Cansino Biologics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cansino Biologics 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 Cansino Biologics. 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 782.3 M, whereas Tax Provision is forecasted to decline to (10.8 M).
 2022 2023 2024 2025 (projected)
Interest Income65.9M100.1M115.1M120.8M
Net Interest Income24.1M35.7M41.1M27.1M

Cansino Biologics fundamental ratios Correlations

0.890.920.980.980.990.85-0.220.720.890.860.860.820.660.790.880.960.770.940.92-0.690.890.71.00.880.98
0.890.990.820.870.840.8-0.440.570.670.980.790.950.890.940.890.920.950.810.81-0.611.00.670.881.00.82
0.920.990.860.880.870.82-0.330.670.740.960.810.920.830.910.870.950.910.880.87-0.630.990.650.910.990.88
0.980.820.860.960.990.87-0.190.740.960.80.880.760.560.70.850.90.680.920.9-0.710.820.670.980.80.99
0.980.870.880.960.990.86-0.380.580.840.870.870.850.710.80.910.940.80.850.86-0.70.870.780.990.860.94
0.990.840.870.990.990.87-0.280.680.920.830.880.80.620.730.890.920.730.890.89-0.710.840.720.990.830.97
0.850.80.820.870.860.87-0.450.520.780.861.00.850.690.740.860.790.770.730.74-0.790.820.860.870.80.83
-0.22-0.44-0.33-0.19-0.38-0.28-0.450.39-0.02-0.57-0.44-0.65-0.74-0.55-0.54-0.21-0.660.09-0.050.29-0.44-0.64-0.27-0.43-0.09
0.720.570.670.740.580.680.520.390.790.460.520.340.140.320.460.680.30.890.84-0.430.560.140.680.550.8
0.890.670.740.960.840.920.78-0.020.790.640.790.60.360.510.730.760.50.880.84-0.640.680.50.90.650.96
0.860.980.960.80.870.830.86-0.570.460.640.850.990.940.950.910.870.980.740.76-0.640.990.770.860.980.78
0.860.790.810.880.870.881.0-0.440.520.790.850.840.680.730.860.790.760.730.74-0.780.810.870.870.790.83
0.820.950.920.760.850.80.85-0.650.340.60.990.840.960.970.90.830.990.670.68-0.620.960.820.840.960.74
0.660.890.830.560.710.620.69-0.740.140.360.940.680.960.960.810.710.990.490.52-0.490.890.740.670.90.54
0.790.940.910.70.80.730.74-0.550.320.510.950.730.970.960.820.840.980.670.64-0.550.950.740.790.960.7
0.880.890.870.850.910.890.86-0.540.460.730.910.860.90.810.820.830.870.710.77-0.660.890.770.890.870.82
0.960.920.950.90.940.920.79-0.210.680.760.870.790.830.710.840.830.810.920.88-0.670.920.670.950.920.92
0.770.950.910.680.80.730.77-0.660.30.50.980.760.990.990.980.870.810.620.64-0.560.960.750.770.960.67
0.940.810.880.920.850.890.730.090.890.880.740.730.670.490.670.710.920.620.93-0.590.820.480.920.810.96
0.920.810.870.90.860.890.74-0.050.840.840.760.740.680.520.640.770.880.640.93-0.440.810.540.90.80.92
-0.69-0.61-0.63-0.71-0.7-0.71-0.790.29-0.43-0.64-0.64-0.78-0.62-0.49-0.55-0.66-0.67-0.56-0.59-0.44-0.62-0.58-0.7-0.61-0.68
0.891.00.990.820.870.840.82-0.440.560.680.990.810.960.890.950.890.920.960.820.81-0.620.70.891.00.83
0.70.670.650.670.780.720.86-0.640.140.50.770.870.820.740.740.770.670.750.480.54-0.580.70.730.690.6
1.00.880.910.980.990.990.87-0.270.680.90.860.870.840.670.790.890.950.770.920.9-0.70.890.730.870.98
0.881.00.990.80.860.830.8-0.430.550.650.980.790.960.90.960.870.920.960.810.8-0.611.00.690.870.81
0.980.820.880.990.940.970.83-0.090.80.960.780.830.740.540.70.820.920.670.960.92-0.680.830.60.980.81
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Cansino Biologics Account Relationship Matchups

Cansino Biologics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.7B11.9B11.5B9.3B10.7B6.7B
Other Current Liab57.7M142.3M544.4M637.0M732.5M769.2M
Total Current Liabilities409.5M2.9B2.9B2.6B3.0B3.1B
Total Stockholder Equity6.1B8.0B6.7B5.3B6.1B4.5B
Other Liab59.8M174.0M202.0M222.4M255.7M134.3M
Net Tangible Assets1.5B6.0B7.8B6.5B7.5B4.2B
Retained Earnings(764.7M)1.1B42.7M(1.6B)(1.4B)(1.3B)
Accounts Payable60.6M842.6M253.1M104.0M119.6M200.3M
Cash4.4B5.5B3.4B2.0B2.4B2.5B
Non Current Assets Total1.3B2.6B3.7B4.1B4.8B5.0B
Other Assets88.7M151.1M148.6M398.7M458.5M481.5M
Long Term Debt90M40M878.0M1.1B1.2B1.3B
Net Receivables21.6M157.9M855.5M636.9M732.4M769.0M
Short Term Investments666.6M2.3B2.6B2.1B2.4B1.4B
Non Current Liabilities Total264.4M451.4M1.3B1.4B1.7B1.7B
Inventory170.5M875.6M677.8M350.7M403.3M330.2M
Other Current Assets23.1M114.1M454.5M245.0M281.8M181.3M
Total Liab677.2M3.3B4.2B4.0B4.6B4.9B
Deferred Long Term Liab52.2M43.4M26.2M52.0M59.7M41.5M
Net Invested Capital6.2B9.1B9.2B7.7B8.9B5.5B
Short Long Term Debt40.2M1.1B1.6B1.4B1.6B1.7B
Total Current Assets5.4B9.3B7.7B5.2B6.0B4.6B
Net Working Capital5.0B6.4B4.8B2.6B3.0B3.1B
Intangible Assets72.3M198.3M258.7M205.6M236.5M138.9M
Property Plant Equipment574.9M873.9M2.2B3.1B3.5B3.7B
Property Plant And Equipment Net881.9M2.2B3.1B3.0B3.5B2.2B
Capital Lease Obligations12.4M254.0M247.0M239.8M275.8M169.4M
Property Plant And Equipment Gross967.3M2.3B3.4B3.9B4.5B2.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Cansino Stock

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