The9 Net Receivables vs Long Term Debt Analysis

NCTY Stock

USD 14.75 1.43 10.74%

The9 financial indicator trend analysis is much more than just breaking down The9 Ltd ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The9 Ltd ADR is a good investment. Please check the relationship between The9 Net Receivables and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The9 Ltd ADR Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between The9's Net Receivables and Long Term Debt is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of The9 Ltd ADR, assuming nothing else is changed. The correlation between historical values of The9's Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of The9 Ltd ADR are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., The9's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Long Term Debt

Long-term debt is a debt that The9 Ltd ADR has held for over one year. Long-term debt appears on The9 Ltd ADR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on The9 Ltd ADR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from The9's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The9 Ltd ADR 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Selling General Administrative is likely to drop to about 166.1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Interest Expense	119.2M	23.2M	31.4M	29.2M
Depreciation And Amortization	47.4M	91.4M	86.9M	55.6M

Interest Expense Depreciation And Amortization

The9 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		-0.01	0.02	-0.14	0.85	0.56	-0.04	-0.84	0.24	0.38	0.91	0.75	0.67	0.07	0.91	0.28	-0.09	0.21	-0.16	-0.49	0.47	0.48	0.23	-0.27	0.09	0.96
Short Long Term Debt Total	-0.01		0.33	0.75	-0.42	-0.44	0.82	0.31	0.06	0.56	0.06	0.15	0.17	-0.37	0.05	0.35	-0.57	-0.4	-0.36	0.55	-0.24	-0.37	-0.14	0.73	-0.57	-0.09
Other Current Liab	0.02	0.33		0.8	-0.4	0.23	0.45	0.35	-0.51	0.18	-0.13	-0.15	-0.11	0.3	-0.13	-0.03	0.16	0.58	-0.5	0.5	0.45	0.14	0.54	0.75	0.02	0.06
Total Current Liabilities	-0.14	0.75	0.8		-0.61	-0.14	0.75	0.54	-0.37	0.29	-0.17	-0.23	-0.07	0.07	-0.18	-0.06	-0.1	0.16	-0.44	0.72	0.18	-0.1	0.26	0.97	-0.24	-0.1
Total Stockholder Equity	0.85	-0.42	-0.4	-0.61		0.55	-0.43	-0.94	0.31	0.12	0.81	0.64	0.56	0.13	0.81	0.17	0.08	0.12	0.09	-0.76	0.34	0.48	0.09	-0.71	0.28	0.83
Property Plant And Equipment Net	0.56	-0.44	0.23	-0.14	0.55		-0.45	-0.35	-0.42	-0.2	0.26	0.26	0.11	0.51	0.26	-0.22	0.56	0.8	-0.17	-0.65	0.87	0.78	0.73	-0.33	0.78	0.62
Current Deferred Revenue	-0.04	0.82	0.45	0.75	-0.43	-0.45		0.26	-0.03	0.56	0.06	-0.04	0.13	-0.19	0.06	0.2	-0.36	-0.27	-0.44	0.68	-0.16	-0.36	-0.04	0.78	-0.55	-0.06
Net Debt	-0.84	0.31	0.35	0.54	-0.94	-0.35	0.26		-0.49	-0.26	-0.9	-0.62	-0.67	0.03	-0.9	-0.24	0.11	-0.02	-0.1	0.59	-0.17	-0.27	0.04	0.59	-0.01	-0.82
Retained Earnings	0.24	0.06	-0.51	-0.37	0.31	-0.42	-0.03	-0.49		0.32	0.45	0.28	0.34	-0.76	0.45	0.4	-0.78	-0.53	0.64	-0.16	-0.41	-0.32	-0.81	-0.32	-0.69	0.17
Accounts Payable	0.38	0.56	0.18	0.29	0.12	-0.2	0.56	-0.26	0.32		0.39	0.5	0.22	-0.42	0.39	0.68	-0.53	-0.33	-0.41	0.21	-0.12	-0.11	-0.11	0.28	-0.62	0.25
Cash	0.91	0.06	-0.13	-0.17	0.81	0.26	0.06	-0.9	0.45	0.39		0.63	0.81	-0.02	1.0	0.26	-0.24	-0.05	-0.03	-0.33	0.2	0.24	-0.01	-0.24	-0.14	0.9
Non Current Assets Total	0.75	0.15	-0.15	-0.23	0.64	0.26	-0.04	-0.62	0.28	0.5	0.63		0.47	-0.21	0.63	0.64	-0.35	-0.12	-0.29	-0.44	0.03	0.09	0.0	-0.32	-0.09	0.55
Non Currrent Assets Other	0.67	0.17	-0.11	-0.07	0.56	0.11	0.13	-0.67	0.34	0.22	0.81	0.47		-0.09	0.81	0.01	-0.25	-0.08	-0.05	-0.21	0.03	0.02	-0.04	-0.12	-0.12	0.66
Other Assets	0.07	-0.37	0.3	0.07	0.13	0.51	-0.19	0.03	-0.76	-0.42	-0.02	-0.21	-0.09		-0.02	-0.43	0.89	0.52	-0.38	0.02	0.49	0.48	0.72	0.06	0.74	0.22
Cash And Short Term Investments	0.91	0.05	-0.13	-0.18	0.81	0.26	0.06	-0.9	0.45	0.39	1.0	0.63	0.81	-0.02		0.26	-0.24	-0.05	-0.02	-0.33	0.2	0.24	-0.02	-0.24	-0.14	0.9
Net Receivables	0.28	0.35	-0.03	-0.06	0.17	-0.22	0.2	-0.24	0.4	0.68	0.26	0.64	0.01	-0.43	0.26		-0.61	-0.41	-0.21	-0.01	-0.35	-0.31	-0.24	-0.05	-0.54	0.07
Common Stock Total Equity	-0.09	-0.57	0.16	-0.1	0.08	0.56	-0.36	0.11	-0.78	-0.53	-0.24	-0.35	-0.25	0.89	-0.24	-0.61		0.61	-0.27	-0.15	0.54	0.55	0.69	-0.12	0.86	0.06
Common Stock Shares Outstanding	0.21	-0.4	0.58	0.16	0.12	0.8	-0.27	-0.02	-0.53	-0.33	-0.05	-0.12	-0.08	0.52	-0.05	-0.41	0.61		-0.14	-0.26	0.82	0.52	0.69	0.02	0.65	0.32
Short Term Investments	-0.16	-0.36	-0.5	-0.44	0.09	-0.17	-0.44	-0.1	0.64	-0.41	-0.03	-0.29	-0.05	-0.38	-0.02	-0.21	-0.27	-0.14		-0.26	-0.11	-0.07	-0.64	-0.4	-0.14	-0.08
Non Current Liabilities Total	-0.49	0.55	0.5	0.72	-0.76	-0.65	0.68	0.59	-0.16	0.21	-0.33	-0.44	-0.21	0.02	-0.33	-0.01	-0.15	-0.26	-0.26		-0.35	-0.43	-0.1	0.87	-0.52	-0.46
Inventory	0.47	-0.24	0.45	0.18	0.34	0.87	-0.16	-0.17	-0.41	-0.12	0.2	0.03	0.03	0.49	0.2	-0.35	0.54	0.82	-0.11	-0.35		0.85	0.64	0.01	0.63	0.6
Other Current Assets	0.48	-0.37	0.14	-0.1	0.48	0.78	-0.36	-0.27	-0.32	-0.11	0.24	0.09	0.02	0.48	0.24	-0.31	0.55	0.52	-0.07	-0.43	0.85		0.52	-0.22	0.62	0.6
Other Stockholder Equity	0.23	-0.14	0.54	0.26	0.09	0.73	-0.04	0.04	-0.81	-0.11	-0.01	0.0	-0.04	0.72	-0.02	-0.24	0.69	0.69	-0.64	-0.1	0.64	0.52		0.15	0.67	0.29
Total Liab	-0.27	0.73	0.75	0.97	-0.71	-0.33	0.78	0.59	-0.32	0.28	-0.24	-0.32	-0.12	0.06	-0.24	-0.05	-0.12	0.02	-0.4	0.87	0.01	-0.22	0.15		-0.35	-0.24
Property Plant And Equipment Gross	0.09	-0.57	0.02	-0.24	0.28	0.78	-0.55	-0.01	-0.69	-0.62	-0.14	-0.09	-0.12	0.74	-0.14	-0.54	0.86	0.65	-0.14	-0.52	0.63	0.62	0.67	-0.35		0.2
Total Current Assets	0.96	-0.09	0.06	-0.1	0.83	0.62	-0.06	-0.82	0.17	0.25	0.9	0.55	0.66	0.22	0.9	0.07	0.06	0.32	-0.08	-0.46	0.6	0.6	0.29	-0.24	0.2

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The9 Account Relationship Matchups

The9 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	181.5M	48.4M	1.3B	599.1M	363.7M	345.5M
Short Long Term Debt Total	541.3M	6.3M	99.7M	74.2M	75.1M	71.3M
Other Current Liab	389.0M	323.7M	405.7M	475.1M	94.2M	89.5M
Total Current Liabilities	1.1B	364.4M	544.3M	564.2M	162.9M	154.7M
Total Stockholder Equity	(839.0M)	(287.7M)	776.5M	45.3M	206.3M	394.4M
Property Plant And Equipment Net	10.5M	6.1M	179.3M	154.9M	101.2M	67.5M
Current Deferred Revenue	95.8M	38.0M	19.0M	17.7M	12.7M	12.1M
Net Debt	531.2M	(25.4M)	(328.7M)	16.1M	29.9M	31.4M
Retained Earnings	(3.4B)	(3.0B)	(3.4B)	(4.4B)	(4.4B)	(4.1B)
Accounts Payable	38.2M	35.6M	39.9M	7.1M	9.6M	9.1M
Cash	10.1M	31.7M	428.4M	58.1M	45.2M	43.0M
Non Current Assets Total	27.0M	6.1M	259.8M	201.4M	140.9M	241.0M
Cash And Short Term Investments	10.1M	31.7M	429.2M	58.1M	45.2M	43.0M
Net Receivables	869.2K	6.7M	3.7M	151.4K	56.1K	53.3K
Common Stock Total Equity	3.3M	6.5M	8.0M	18.1M	20.8M	21.9M
Common Stock Shares Outstanding	3.5M	5.5M	16.5M	24.0M	3.4M	3.3M
Liabilities And Stockholders Equity	181.5M	48.4M	1.3B	599.1M	363.7M	345.5M
Non Current Liabilities Total	355.3M	351.5M	2.6M	7.4M	19.5M	18.6M
Inventory	134.6M	27.7K	469.1M	267.8M	82.9M	90.5M
Other Current Assets	8.8M	9.9M	617.6M	71.6M	177.5M	186.4M
Other Stockholder Equity	2.5B	2.7B	4.1B	4.4B	4.5B	2.3B
Total Liab	1.4B	715.9M	546.9M	571.6M	182.4M	173.3M
Property Plant And Equipment Gross	10.5M	6.1M	238.1M	292.8M	293.5M	308.2M
Total Current Assets	154.5M	42.3M	1.1B	397.7M	222.8M	211.7M
Accumulated Other Comprehensive Income	24.3M	(9.4M)	(5.4M)	(5.2M)	(4.4M)	(4.2M)
Short Term Debt	535.1M	3.8M	97.2M	80.2M	57.6M	54.7M
Common Stock	8.0M	18.1M	46.2M	57.6M	96.3M	101.1M
Property Plant Equipment	17.4M	10.5M	6.1M	154.9M	178.1M	187.1M
Net Tangible Assets	(774.2M)	(839.0M)	(287.7M)	45.3M	40.8M	42.8M
Long Term Investments	10M	0.0	73.9M	35.3M	35.3M	34.0M
Capital Lease Obligations	9.7M	6.3M	6.9M	13.2M	7.2M	4.7M
Short Long Term Debt	487.7M	531.7M	92.8M	61.0M	51.2M	48.6M

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The9 Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

The9 fundamental ratios Correlations

The9 Account Relationship Matchups

High Positive Relationship

High Negative Relationship

The9 fundamental ratios Accounts

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Additional Tools for The9 Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.96	Total Assets
Cash	+ 0.91	Total Assets
Cash And Short Term Investments	+ 0.91	Total Assets
Total Current Assets	+ 0.9	Cash

Net Debt	- 0.94	Total Stockholder Equity
Cash And Short Term Investments	- 0.9	Net Debt
Cash	- 0.9	Net Debt
Net Debt	- 0.84	Total Assets
Total Current Assets	- 0.82	Net Debt
Other Stockholder Equity	- 0.81	Retained Earnings