CNPC Good Will vs Short Term Debt Analysis

000617 Stock   7.53  0.02  0.26%   
CNPC Capital financial indicator trend analysis is way more than just evaluating CNPC Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNPC Capital is a good investment. Please check the relationship between CNPC Capital Good Will and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNPC Capital 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 board of governors.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNPC Capital Good Will account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between CNPC Capital's Good Will and Short Term Debt is 0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of CNPC Capital Co, assuming nothing else is changed. The correlation between historical values of CNPC Capital's Good Will and Short 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 Good Will of CNPC Capital Co are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., CNPC Capital's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

Most indicators from CNPC Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNPC Capital 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 CNPC Capital 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 board of governors.
As of December 13, 2024, Selling General Administrative is expected to decline to about 687 M. In addition to that, Tax Provision is expected to decline to about 2.1 B
 2021 2022 2023 2024 (projected)
Income Before Tax13.5B13.0B13.4B7.3B
Cost Of Revenue14.6B18.9B22.9B24.1B

CNPC Capital fundamental ratios Correlations

0.571.01.00.87-0.760.440.44-0.030.531.00.910.960.960.970.980.84-0.850.4-0.01-0.16-0.840.890.90.820.9
0.570.570.530.29-0.450.620.780.01-0.360.580.380.50.60.610.610.3-0.24-0.320.06-0.35-0.370.440.440.230.53
1.00.570.990.87-0.760.440.44-0.030.541.00.910.960.960.970.980.84-0.850.4-0.02-0.17-0.840.890.90.830.9
1.00.530.990.91-0.760.360.4-0.030.580.990.940.970.970.960.970.88-0.880.430.03-0.11-0.880.90.920.850.92
0.870.290.870.91-0.68-0.020.24-0.040.720.860.940.940.920.80.820.96-0.920.550.190.14-0.970.820.860.890.85
-0.76-0.45-0.76-0.76-0.68-0.3-0.340.56-0.39-0.75-0.79-0.73-0.72-0.65-0.71-0.70.71-0.280.050.20.69-0.8-0.8-0.67-0.82
0.440.620.440.36-0.02-0.30.490.0-0.20.460.180.270.270.490.46-0.01-0.08-0.14-0.34-0.690.050.360.280.120.33
0.440.780.440.40.24-0.340.490.01-0.380.440.280.430.470.430.430.26-0.27-0.28-0.38-0.31-0.340.350.450.310.44
-0.030.01-0.03-0.03-0.040.560.00.01-0.06-0.03-0.04-0.01-0.030.04-0.030.030.010.0-0.010.060.00.0-0.010.00.01
0.53-0.360.540.580.72-0.39-0.2-0.38-0.060.520.660.570.490.470.480.66-0.680.850.090.22-0.590.550.530.680.47
1.00.581.00.990.86-0.750.460.44-0.030.520.90.950.960.970.980.83-0.840.39-0.02-0.17-0.830.880.890.820.9
0.910.380.910.940.94-0.790.180.28-0.040.660.90.940.90.830.840.93-0.930.510.08-0.1-0.910.950.950.90.95
0.960.50.960.970.94-0.730.270.43-0.010.570.950.940.960.880.910.91-0.880.450.06-0.13-0.930.890.910.880.92
0.960.60.960.970.92-0.720.270.47-0.030.490.960.90.960.930.940.89-0.850.360.16-0.03-0.910.820.860.830.87
0.970.610.970.960.8-0.650.490.430.040.470.970.830.880.930.970.76-0.770.330.0-0.12-0.750.80.820.740.81
0.980.610.980.970.82-0.710.460.43-0.030.480.980.840.910.940.970.78-0.750.380.0-0.08-0.790.830.830.710.85
0.840.30.840.880.96-0.7-0.010.260.030.660.830.930.910.890.760.78-0.940.550.140.14-0.970.860.890.920.89
-0.85-0.24-0.85-0.88-0.920.71-0.08-0.270.01-0.68-0.84-0.93-0.88-0.85-0.77-0.75-0.94-0.450.03-0.040.92-0.85-0.94-0.94-0.88
0.4-0.320.40.430.55-0.28-0.14-0.280.00.850.390.510.450.360.330.380.55-0.45-0.020.19-0.430.50.380.580.36
-0.010.06-0.020.030.190.05-0.34-0.38-0.010.09-0.020.080.060.160.00.00.140.03-0.020.25-0.16-0.1-0.17-0.04-0.04
-0.16-0.35-0.17-0.110.140.2-0.69-0.310.060.22-0.17-0.1-0.13-0.03-0.12-0.080.14-0.040.190.25-0.16-0.21-0.15-0.11-0.2
-0.84-0.37-0.84-0.88-0.970.690.05-0.340.0-0.59-0.83-0.91-0.93-0.91-0.75-0.79-0.970.92-0.43-0.16-0.16-0.81-0.88-0.88-0.87
0.890.440.890.90.82-0.80.360.350.00.550.880.950.890.820.80.830.86-0.850.5-0.1-0.21-0.810.950.830.98
0.90.440.90.920.86-0.80.280.45-0.010.530.890.950.910.860.820.830.89-0.940.38-0.17-0.15-0.880.950.890.97
0.820.230.830.850.89-0.670.120.310.00.680.820.90.880.830.740.710.92-0.940.58-0.04-0.11-0.880.830.890.84
0.90.530.90.920.85-0.820.330.440.010.470.90.950.920.870.810.850.89-0.880.36-0.04-0.2-0.870.980.970.84
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CNPC Capital Account Relationship Matchups

CNPC Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets933.4B940.0B990.5B1.0T1.1T1.1T
Other Current Liab591.6B626.7B660.6B42.6B36.5B34.6B
Total Current Liabilities745.7B745.6B797.8B833.4B866.0B909.3B
Total Stockholder Equity84.0B89.4B92.9B95.6B100.1B105.1B
Other Liab6.0B7.7B9.0B9.2B10.6B11.1B
Accounts Payable85.8M64.8M37.6M31.7M40.2M38.2M
Cash42.5B43.9B38.3B37.4B37.6B49.5B
Net Receivables377.1B19.9M485.2B32.5M24.0M22.8M
Other Current Assets885.6M65.0B1.2B213.7B295.0B309.7B
Total Liab779.8B777.9B822.1B848.1B889.1B933.5B
Property Plant Equipment10.6B10.8B10.3B10.0B11.5B12.1B
Retained Earnings35.0B40.8B44.0B33.2B36.2B38.0B
Intangible Assets508.7M564.8M626.2M608.7M594.9M624.6M
Other Assets193.0B273.8B239.8B226.5B260.5B273.5B
Net Tangible Assets76.9B83.4B88.8B92.2B106.0B83.7B
Long Term Debt27.7B25.9B14.9B6.6B13.8B19.2B
Short Term Investments28.7B256.0B57.7B58.4B64.7B76.1B
Other Stockholder Equity175.9M1.3B956.6M1.2B1.4B730.4M
Deferred Long Term Liab78.6M53.1M57.1M51.9M46.8M67.0M
Short Long Term Debt99.6B76.7B119.4B124.1B117.3B102.0B
Total Current Assets513.2B541.6B645.9B638.5B697.0B625.0B
Non Current Assets Total420.2B398.5B344.6B385.3B376.8B386.3B
Non Currrent Assets Other(149.5B)38.6B428.1M415.4M420.5M441.5M
Non Current Liabilities Total34.1B32.2B24.3B14.7B23.0B21.8B
Non Current Liabilities Other(24.2B)(20.6B)8.9B2.2B2.9B3.1B
Net Invested Capital211.2B192.0B227.2B226.2B231.3B232.0B
Net Working Capital(232.5B)(204.0B)(151.9B)(195.0B)(169.0B)(177.5B)
Net Debt84.8B58.7B96.0B93.2B93.5B91.2B

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Other Information on Investing in CNPC Stock

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