AVIC Change In Cash vs Change To Inventory Analysis

688297 Stock

45.31 0.11 0.24%

AVIC (Chengdu) financial indicator trend analysis is way more than just evaluating AVIC (Chengdu) prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVIC (Chengdu) is a good investment. Please check the relationship between AVIC (Chengdu) Change In Cash and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVIC UAS 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.

Change In Cash vs Change To Inventory

Change In Cash vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVIC (Chengdu) Change In Cash account and Change To Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between AVIC (Chengdu)'s Change In Cash and Change To Inventory is 0.66. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of AVIC UAS Co, assuming nothing else is changed. The correlation between historical values of AVIC (Chengdu)'s Change In Cash and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of AVIC UAS Co are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change In Cash i.e., AVIC (Chengdu)'s Change In Cash and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change In Cash

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from AVIC (Chengdu)'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVIC (Chengdu) 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 AVIC UAS 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 32.9 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.

	2022	2023	2024	2025 (projected)
Net Interest Income	46.9M	93.0M	107.0M	112.3M
Tax Provision	35.2M	25.4M	29.2M	32.9M

Net Interest Income Tax Provision

AVIC (Chengdu) fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Intangible Assets	Capital Lease Obligations	Other Current Assets	Short Long Term Debt
Total Assets		0.75	0.91	1.0	0.91	1.0	0.97	0.91	-0.88	-0.87	0.74	0.98	-0.87	0.89	0.93	1.0	0.95	1.0	1.0	0.34	-0.76	0.49	0.75
Other Current Liab	0.75		0.9	0.72	0.41	0.7	0.6	0.58	-0.65	-0.65	0.13	0.67	-0.64	0.83	0.87	0.72	0.52	0.75	0.73	0.38	-0.22	0.92	0.26
Total Current Liabilities	0.91	0.9		0.89	0.68	0.89	0.86	0.81	-0.9	-0.9	0.42	0.91	-0.89	0.98	1.0	0.89	0.8	0.91	0.89	0.55	-0.54	0.7	0.56
Total Stockholder Equity	1.0	0.72	0.89		0.92	1.0	0.97	0.92	-0.86	-0.86	0.77	0.97	-0.85	0.86	0.91	1.0	0.95	1.0	1.0	0.3	-0.78	0.46	0.76
Property Plant And Equipment Net	0.91	0.41	0.68	0.92		0.93	0.95	0.9	-0.78	-0.77	0.95	0.92	-0.77	0.68	0.72	0.92	0.97	0.9	0.92	0.17	-0.92	0.09	0.88
Retained Earnings	1.0	0.7	0.89	1.0	0.93		0.99	0.92	-0.9	-0.9	0.78	0.99	-0.89	0.88	0.92	1.0	0.97	0.99	0.99	0.37	-0.8	0.42	0.78
Accounts Payable	0.97	0.6	0.86	0.97	0.95	0.99		0.93	-0.92	-0.92	0.82	0.99	-0.92	0.87	0.89	0.97	0.99	0.97	0.97	0.41	-0.85	0.3	0.83
Cash	0.91	0.58	0.81	0.92	0.9	0.92	0.93		-0.81	-0.84	0.78	0.93	-0.83	0.78	0.83	0.92	0.91	0.91	0.91	0.18	-0.92	0.22	0.94
Non Current Assets Total	-0.88	-0.65	-0.9	-0.86	-0.78	-0.9	-0.92	-0.81		1.0	-0.57	-0.94	1.0	-0.96	-0.93	-0.86	-0.9	-0.88	-0.86	-0.7	0.66	-0.41	-0.67
Non Currrent Assets Other	-0.87	-0.65	-0.9	-0.86	-0.77	-0.9	-0.92	-0.84	1.0		-0.57	-0.93	1.0	-0.95	-0.92	-0.86	-0.9	-0.87	-0.86	-0.68	0.69	-0.38	-0.7
Net Receivables	0.74	0.13	0.42	0.77	0.95	0.78	0.82	0.78	-0.57	-0.57		0.76	-0.57	0.42	0.47	0.77	0.86	0.74	0.76	-0.04	-0.93	-0.18	0.86
Common Stock Shares Outstanding	0.98	0.67	0.91	0.97	0.92	0.99	0.99	0.93	-0.94	-0.93	0.76		-0.93	0.91	0.93	0.97	0.97	0.98	0.97	0.44	-0.81	0.39	0.8
Non Current Liabilities Total	-0.87	-0.64	-0.89	-0.85	-0.77	-0.89	-0.92	-0.83	1.0	1.0	-0.57	-0.93		-0.95	-0.92	-0.85	-0.89	-0.86	-0.85	-0.69	0.69	-0.37	-0.7
Inventory	0.89	0.83	0.98	0.86	0.68	0.88	0.87	0.78	-0.96	-0.95	0.42	0.91	-0.95		0.99	0.86	0.82	0.88	0.86	0.68	-0.54	0.63	0.56
Total Liab	0.93	0.87	1.0	0.91	0.72	0.92	0.89	0.83	-0.93	-0.92	0.47	0.93	-0.92	0.99		0.91	0.83	0.93	0.91	0.56	-0.58	0.66	0.6
Net Invested Capital	1.0	0.72	0.89	1.0	0.92	1.0	0.97	0.92	-0.86	-0.86	0.77	0.97	-0.85	0.86	0.91		0.95	1.0	1.0	0.3	-0.78	0.46	0.76
Property Plant And Equipment Gross	0.95	0.52	0.8	0.95	0.97	0.97	0.99	0.91	-0.9	-0.9	0.86	0.97	-0.89	0.82	0.83	0.95		0.94	0.95	0.38	-0.87	0.22	0.84
Total Current Assets	1.0	0.75	0.91	1.0	0.9	0.99	0.97	0.91	-0.88	-0.87	0.74	0.98	-0.86	0.88	0.93	1.0	0.94		1.0	0.33	-0.76	0.5	0.75
Net Working Capital	1.0	0.73	0.89	1.0	0.92	0.99	0.97	0.91	-0.86	-0.86	0.76	0.97	-0.85	0.86	0.91	1.0	0.95	1.0		0.3	-0.78	0.46	0.76
Intangible Assets	0.34	0.38	0.55	0.3	0.17	0.37	0.41	0.18	-0.7	-0.68	-0.04	0.44	-0.69	0.68	0.56	0.3	0.38	0.33	0.3		-0.02	0.38	0.03
Capital Lease Obligations	-0.76	-0.22	-0.54	-0.78	-0.92	-0.8	-0.85	-0.92	0.66	0.69	-0.93	-0.81	0.69	-0.54	-0.58	-0.78	-0.87	-0.76	-0.78	-0.02		0.16	-0.99
Other Current Assets	0.49	0.92	0.7	0.46	0.09	0.42	0.3	0.22	-0.41	-0.38	-0.18	0.39	-0.37	0.63	0.66	0.46	0.22	0.5	0.46	0.38	0.16		-0.13
Short Long Term Debt	0.75	0.26	0.56	0.76	0.88	0.78	0.83	0.94	-0.67	-0.7	0.86	0.8	-0.7	0.56	0.6	0.76	0.84	0.75	0.76	0.03	-0.99	-0.13

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AVIC (Chengdu) Account Relationship Matchups

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Other Information on Investing in AVIC Stock

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

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AVIC Change In Cash vs Change To Inventory Analysis

Change In Cash vs Change To Inventory

Change In Cash vs Change To Inventory Correlation Analysis

Correlation Coefficient

Change In Cash

Change To Inventory

AVIC (Chengdu) fundamental ratios Correlations

AVIC (Chengdu) Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in AVIC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities

Short Long Term Debt	- 0.99	Capital Lease Obligations
Inventory	- 0.96	Non Current Assets Total
Inventory	- 0.95	Non Current Liabilities Total
Inventory	- 0.95	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.94	Non Current Assets Total
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding