Anhui Investments vs Change To Inventory Analysis

688733 Stock

18.41 0.50 2.64%

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

Investments vs Change To Inventory

Investments vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Estone Materials Investments account and Change To Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Anhui Estone's Investments and Change To Inventory is 0.79. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Anhui Estone Materials, assuming nothing else is changed. The correlation between historical values of Anhui Estone's Investments 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 Investments of Anhui Estone Materials 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 Investments i.e., Anhui Estone's Investments and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Inventory

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

Most indicators from Anhui Estone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Estone Materials 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 Anhui Estone Materials. 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 43.3 M, whereas Tax Provision is projected to grow to (5.8 M).

	2022	2024	2025 (projected)
Interest Expense	4.0M	11.9M	12.5M
Depreciation And Amortization	57.3M	65.8M	69.1M

Interest Expense Depreciation And Amortization

Anhui Estone fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.95	0.53	0.99	1.0	0.98	-0.78	0.99	0.99	0.97	0.98	0.57	1.0	0.9	0.98	0.92	-0.11	1.0	0.99	0.9	0.91	0.98	0.87	0.86	1.0	0.96
Short Long Term Debt Total	0.95		0.28	0.98	0.93	0.96	-0.57	0.89	0.97	0.88	0.96	0.31	0.96	0.78	0.98	0.83	0.1	0.94	0.99	0.81	1.0	0.98	0.7	0.71	0.96	0.84
Other Current Liab	0.53	0.28		0.44	0.57	0.37	-0.86	0.65	0.47	0.65	0.39	0.91	0.52	0.62	0.35	0.61	-0.36	0.54	0.41	0.66	0.2	0.35	0.69	0.67	0.51	0.69
Total Current Liabilities	0.99	0.98	0.44		0.98	0.97	-0.69	0.95	1.0	0.94	0.97	0.45	0.99	0.86	0.98	0.9	0.02	0.98	1.0	0.88	0.96	0.98	0.8	0.79	0.99	0.91
Total Stockholder Equity	1.0	0.93	0.57	0.98		0.97	-0.8	0.99	0.98	0.98	0.98	0.6	1.0	0.92	0.97	0.93	-0.14	1.0	0.98	0.91	0.89	0.97	0.89	0.88	0.99	0.97
Property Plant And Equipment Net	0.98	0.96	0.37	0.97	0.97		-0.69	0.95	0.97	0.93	1.0	0.46	0.98	0.85	1.0	0.85	-0.11	0.98	0.98	0.81	0.93	0.99	0.81	0.81	0.98	0.91
Net Debt	-0.78	-0.57	-0.86	-0.69	-0.8	-0.69		-0.85	-0.71	-0.89	-0.7	-0.94	-0.77	-0.81	-0.66	-0.83	0.33	-0.79	-0.68	-0.83	-0.5	-0.65	-0.86	-0.84	-0.78	-0.91
Retained Earnings	0.99	0.89	0.65	0.95	0.99	0.95	-0.85		0.96	0.98	0.95	0.68	0.98	0.94	0.94	0.93	-0.19	0.99	0.95	0.92	0.84	0.94	0.92	0.91	0.98	0.98
Accounts Payable	0.99	0.97	0.47	1.0	0.98	0.97	-0.71	0.96		0.94	0.97	0.48	0.99	0.88	0.98	0.91	-0.01	0.99	1.0	0.9	0.95	0.98	0.83	0.8	0.99	0.92
Cash	0.97	0.88	0.65	0.94	0.98	0.93	-0.89	0.98	0.94		0.94	0.72	0.97	0.89	0.92	0.92	-0.16	0.98	0.94	0.9	0.83	0.92	0.88	0.88	0.98	0.99
Non Current Assets Total	0.98	0.96	0.39	0.97	0.98	1.0	-0.7	0.95	0.97	0.94		0.47	0.98	0.86	1.0	0.86	-0.11	0.98	0.98	0.82	0.93	0.99	0.81	0.82	0.98	0.92
Non Currrent Assets Other	0.57	0.31	0.91	0.45	0.6	0.46	-0.94	0.68	0.48	0.72	0.47		0.55	0.66	0.42	0.64	-0.4	0.58	0.44	0.66	0.23	0.41	0.73	0.77	0.56	0.77
Cash And Short Term Investments	1.0	0.96	0.52	0.99	1.0	0.98	-0.77	0.98	0.99	0.97	0.98	0.55		0.89	0.98	0.92	-0.09	1.0	0.99	0.9	0.92	0.98	0.86	0.85	1.0	0.95
Common Stock Shares Outstanding	0.9	0.78	0.62	0.86	0.92	0.85	-0.81	0.94	0.88	0.89	0.86	0.66	0.89		0.84	0.97	-0.18	0.91	0.85	0.94	0.72	0.84	0.99	0.93	0.88	0.9
Non Current Liabilities Total	0.98	0.98	0.35	0.98	0.97	1.0	-0.66	0.94	0.98	0.92	1.0	0.42	0.98	0.84		0.85	-0.05	0.98	0.99	0.82	0.96	1.0	0.79	0.8	0.98	0.9
Inventory	0.92	0.83	0.61	0.9	0.93	0.85	-0.83	0.93	0.91	0.92	0.86	0.64	0.92	0.97	0.85		-0.11	0.92	0.88	0.99	0.78	0.86	0.95	0.88	0.91	0.91
Other Current Assets	-0.11	0.1	-0.36	0.02	-0.14	-0.11	0.33	-0.19	-0.01	-0.16	-0.11	-0.4	-0.09	-0.18	-0.05	-0.11		-0.12	0.0	-0.07	0.16	-0.04	-0.26	-0.32	-0.07	-0.21
Other Stockholder Equity	1.0	0.94	0.54	0.98	1.0	0.98	-0.79	0.99	0.99	0.98	0.98	0.58	1.0	0.91	0.98	0.92	-0.12		0.98	0.91	0.91	0.98	0.87	0.87	1.0	0.96
Total Liab	0.99	0.99	0.41	1.0	0.98	0.98	-0.68	0.95	1.0	0.94	0.98	0.44	0.99	0.85	0.99	0.88	0.0	0.98		0.87	0.97	0.99	0.8	0.79	0.99	0.91
Total Current Assets	0.9	0.81	0.66	0.88	0.91	0.81	-0.83	0.92	0.9	0.9	0.82	0.66	0.9	0.94	0.82	0.99	-0.07	0.91	0.87		0.77	0.83	0.93	0.87	0.89	0.9
Short Term Debt	0.91	1.0	0.2	0.96	0.89	0.93	-0.5	0.84	0.95	0.83	0.93	0.23	0.92	0.72	0.96	0.78	0.16	0.91	0.97	0.77		0.96	0.64	0.65	0.93	0.79
Intangible Assets	0.98	0.98	0.35	0.98	0.97	0.99	-0.65	0.94	0.98	0.92	0.99	0.41	0.98	0.84	1.0	0.86	-0.04	0.98	0.99	0.83	0.96		0.79	0.8	0.98	0.89
Common Stock	0.87	0.7	0.69	0.8	0.89	0.81	-0.86	0.92	0.83	0.88	0.81	0.73	0.86	0.99	0.79	0.95	-0.26	0.87	0.8	0.93	0.64	0.79		0.92	0.84	0.89
Other Liab	0.86	0.71	0.67	0.79	0.88	0.81	-0.84	0.91	0.8	0.88	0.82	0.77	0.85	0.93	0.8	0.88	-0.32	0.87	0.79	0.87	0.65	0.8	0.92		0.84	0.92
Net Tangible Assets	1.0	0.96	0.51	0.99	0.99	0.98	-0.78	0.98	0.99	0.98	0.98	0.56	1.0	0.88	0.98	0.91	-0.07	1.0	0.99	0.89	0.93	0.98	0.84	0.84		0.96
Other Assets	0.96	0.84	0.69	0.91	0.97	0.91	-0.91	0.98	0.92	0.99	0.92	0.77	0.95	0.9	0.9	0.91	-0.21	0.96	0.91	0.9	0.79	0.89	0.89	0.92	0.96

Click cells to compare fundamentals

Anhui Estone Account Relationship Matchups

Anhui Estone fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	578.3M	1.4B	3.0B	3.0B	3.4B	3.6B
Short Long Term Debt Total	10.0M	12.9M	25.5M	318.7M	366.5M	384.8M
Other Current Liab	28.0M	67.7M	55.0M	17.9M	20.5M	34.0M
Total Current Liabilities	60.9M	154.5M	519.2M	464.6M	534.3M	561.0M
Total Stockholder Equity	484.4M	1.2B	2.3B	2.2B	2.6B	2.7B
Property Plant And Equipment Net	252.1M	417.9M	965.4M	1.4B	1.7B	1.7B
Net Debt	(37.4M)	(12.8M)	(504.1M)	(274.9M)	(247.4M)	(235.0M)
Retained Earnings	91.3M	189.1M	284.1M	265.7M	305.6M	320.9M
Accounts Payable	27.9M	81.9M	289.8M	257.5M	296.1M	310.9M
Cash	25.7M	529.6M	593.6M	602.4M	692.7M	727.4M
Non Current Assets Total	302.9M	523.5M	1.2B	1.7B	1.9B	2.0B
Non Currrent Assets Other	20.8M	74.8M	32.0M	22.8M	26.2M	25.7M
Cash And Short Term Investments	172.4M	108.7M	556.9M	1.3B	1.6B	1.6B
Common Stock Shares Outstanding	116.6M	136.6M	152.4M	199.8M	229.7M	153.3M
Liabilities And Stockholders Equity	549.9M	578.3M	1.4B	3.0B	3.4B	3.6B
Non Current Liabilities Total	33.1M	46.3M	209.1M	271.1M	311.8M	327.4M
Inventory	45.3M	85.9M	137.6M	121.8M	140.1M	80.6M
Other Current Assets	5.5M	4.2M	40.8M	23.7M	21.4M	18.5M
Other Stockholder Equity	247.0M	256.4M	854.3M	1.8B	2.0B	2.1B
Total Liab	94.0M	200.8M	728.3M	735.7M	846.1M	888.4M
Total Current Assets	275.4M	902.8M	1.8B	1.3B	1.5B	752.1M
Short Term Debt	10.0M	5M	4.9M	174.3M	200.5M	210.5M
Intangible Assets	25.4M	24.9M	157.9M	192.0M	220.8M	231.9M
Net Receivables	77.6M	149.2M	228.6M	162.7M	187.1M	147.4M
Short Term Investments	83M	27.3M	754.3M	315.2M	362.5M	287.0M
Net Invested Capital	497.3M	1.2B	2.6B	2.6B	3.0B	1.6B
Short Long Term Debt	5M	4.9M	174.3M	165.4M	190.2M	199.7M
Net Working Capital	214.5M	748.4M	1.3B	826.9M	950.9M	730.0M

Currently Active Assets on Macroaxis

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin
ADA	Cardano
XRP	XRP

Other Information on Investing in Anhui Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Anhui Investments vs Change To Inventory Analysis

Investments vs Change To Inventory

Investments vs Change To Inventory Correlation Analysis

Correlation Coefficient

Investments

Change To Inventory

Anhui Estone fundamental ratios Correlations

Anhui Estone Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anhui Estone fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities

Non Currrent Assets Other	- 0.94	Net Debt
Other Assets	- 0.91	Net Debt
Cash	- 0.89	Net Debt
Common Stock	- 0.86	Net Debt
Net Debt	- 0.86	Other Current Liab
Retained Earnings	- 0.85	Net Debt