China Net Debt vs Short Term Investments Analysis

000758 Stock

5.35 0.01 0.19%

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

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Nonferrous Metal Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between China Nonferrous' Net Debt and Short Term Investments is -0.39. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of China Nonferrous Metal, assuming nothing else is changed. The correlation between historical values of China Nonferrous' Net Debt and Short Term Investments 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 Debt of China Nonferrous Metal are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., China Nonferrous' Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

Short Term Investments is an item under the current assets section of China Nonferrous balance sheet. It contains any investments China Nonferrous Metal undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that China Nonferrous Metal can easily liquidate in the marketplace.

Most indicators from China Nonferrous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Nonferrous Metal 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 China Nonferrous Metal. 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.

As of December 12, 2024, Selling General Administrative is expected to decline to about 159.9 M. In addition to that, Tax Provision is expected to decline to about 85.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.5B	1.6B	991.4M
Total Revenue	6.5B	7.4B	9.4B	7.3B

Gross Profit Total Revenue

China Nonferrous 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Retained Earnings	Other Assets
Total Assets		0.93	0.6	0.87	0.94	0.92	0.29	0.77	0.63	0.7	0.73	0.11	0.68	0.88	0.69	0.62	0.7	0.47	0.48	0.97	0.95	0.83	0.68	-0.38	0.71	0.22
Short Long Term Debt Total	0.93		0.51	0.78	0.84	0.74	0.18	0.91	0.43	0.67	0.67	-0.05	0.65	0.86	0.64	0.64	0.59	0.58	0.2	0.9	0.9	0.85	0.75	-0.29	0.7	0.14
Other Current Liab	0.6	0.51		0.85	0.47	0.69	0.1	0.53	0.75	0.16	0.04	0.51	0.11	0.75	0.29	-0.01	0.9	0.46	0.6	0.76	0.79	0.71	0.03	-0.69	0.19	-0.09
Total Current Liabilities	0.87	0.78	0.85		0.76	0.87	0.37	0.74	0.77	0.46	0.44	0.39	0.42	0.93	0.53	0.17	0.87	0.49	0.57	0.95	0.95	0.95	0.41	-0.56	0.53	0.28
Total Stockholder Equity	0.94	0.84	0.47	0.76		0.88	0.44	0.66	0.55	0.69	0.75	0.11	0.68	0.79	0.8	0.58	0.58	0.53	0.55	0.86	0.86	0.71	0.73	-0.16	0.77	0.27
Property Plant And Equipment Net	0.92	0.74	0.69	0.87	0.88		0.35	0.61	0.82	0.55	0.61	0.4	0.52	0.84	0.58	0.45	0.82	0.33	0.68	0.92	0.91	0.75	0.47	-0.49	0.63	0.2
Current Deferred Revenue	0.29	0.18	0.1	0.37	0.44	0.35		0.09	0.19	0.46	0.52	0.22	0.48	0.24	0.64	-0.17	0.12	0.29	0.39	0.28	0.26	0.32	0.47	0.28	0.6	0.76
Net Debt	0.77	0.91	0.53	0.74	0.66	0.61	0.09		0.45	0.37	0.43	0.12	0.35	0.89	0.48	0.45	0.61	0.54	0.12	0.81	0.83	0.85	0.62	-0.39	0.55	0.07
Accounts Payable	0.63	0.43	0.75	0.77	0.55	0.82	0.19	0.45		0.15	0.22	0.66	0.11	0.75	0.26	0.13	0.86	0.13	0.78	0.73	0.74	0.59	0.05	-0.71	0.26	0.19
Cash	0.7	0.67	0.16	0.46	0.69	0.55	0.46	0.37	0.15		0.91	-0.33	1.0	0.41	0.78	0.61	0.25	0.42	0.19	0.6	0.57	0.45	0.8	0.15	0.84	0.36
Non Current Assets Total	0.73	0.67	0.04	0.44	0.75	0.61	0.52	0.43	0.22	0.91		-0.22	0.91	0.47	0.76	0.67	0.2	0.23	0.24	0.6	0.55	0.45	0.86	0.12	0.85	0.47
Non Currrent Assets Other	0.11	-0.05	0.51	0.39	0.11	0.4	0.22	0.12	0.66	-0.33	-0.22		-0.34	0.32	-0.16	-0.31	0.62	-0.2	0.5	0.25	0.27	0.26	-0.28	-0.45	-0.02	0.02
Cash And Short Term Investments	0.68	0.65	0.11	0.42	0.68	0.52	0.48	0.35	0.11	1.0	0.91	-0.34		0.38	0.78	0.6	0.21	0.42	0.17	0.57	0.53	0.42	0.81	0.21	0.85	0.37
Net Receivables	0.88	0.86	0.75	0.93	0.79	0.84	0.24	0.89	0.75	0.41	0.47	0.32	0.38		0.57	0.34	0.81	0.49	0.52	0.94	0.96	0.92	0.51	-0.59	0.55	0.22
Common Stock Shares Outstanding	0.69	0.64	0.29	0.53	0.8	0.58	0.64	0.48	0.26	0.78	0.76	-0.16	0.78	0.57		0.41	0.29	0.71	0.48	0.61	0.63	0.49	0.81	0.16	0.81	0.41
Non Current Liabilities Total	0.62	0.64	-0.01	0.17	0.58	0.45	-0.17	0.45	0.13	0.61	0.67	-0.31	0.6	0.34	0.41		0.15	0.14	0.01	0.47	0.43	0.18	0.61	-0.05	0.49	-0.2
Inventory	0.7	0.59	0.9	0.87	0.58	0.82	0.12	0.61	0.86	0.25	0.2	0.62	0.21	0.81	0.29	0.15		0.32	0.58	0.83	0.86	0.76	0.18	-0.69	0.4	-0.05
Other Current Assets	0.47	0.58	0.46	0.49	0.53	0.33	0.29	0.54	0.13	0.42	0.23	-0.2	0.42	0.49	0.71	0.14	0.32		0.2	0.48	0.56	0.48	0.51	0.08	0.5	0.04
Other Stockholder Equity	0.48	0.2	0.6	0.57	0.55	0.68	0.39	0.12	0.78	0.19	0.24	0.5	0.17	0.52	0.48	0.01	0.58	0.2		0.51	0.53	0.33	0.01	-0.38	0.21	0.28
Total Liab	0.97	0.9	0.76	0.95	0.86	0.92	0.28	0.81	0.73	0.6	0.6	0.25	0.57	0.94	0.61	0.47	0.83	0.48	0.51		0.99	0.91	0.56	-0.52	0.63	0.19
Total Current Assets	0.95	0.9	0.79	0.95	0.86	0.91	0.26	0.83	0.74	0.57	0.55	0.27	0.53	0.96	0.63	0.43	0.86	0.56	0.53	0.99		0.9	0.56	-0.52	0.64	0.15
Short Term Debt	0.83	0.85	0.71	0.95	0.71	0.75	0.32	0.85	0.59	0.45	0.45	0.26	0.42	0.92	0.49	0.18	0.76	0.48	0.33	0.91	0.9		0.52	-0.48	0.56	0.3
Common Stock	0.68	0.75	0.03	0.41	0.73	0.47	0.47	0.62	0.05	0.8	0.86	-0.28	0.81	0.51	0.81	0.61	0.18	0.51	0.01	0.56	0.56	0.52		0.25	0.91	0.32
Short Term Investments	-0.38	-0.29	-0.69	-0.56	-0.16	-0.49	0.28	-0.39	-0.71	0.15	0.12	-0.45	0.21	-0.59	0.16	-0.05	-0.69	0.08	-0.38	-0.52	-0.52	-0.48	0.25		0.16	0.16
Retained Earnings	0.71	0.7	0.19	0.53	0.77	0.63	0.6	0.55	0.26	0.84	0.85	-0.02	0.85	0.55	0.81	0.49	0.4	0.5	0.21	0.63	0.64	0.56	0.91	0.16		0.38
Other Assets	0.22	0.14	-0.09	0.28	0.27	0.2	0.76	0.07	0.19	0.36	0.47	0.02	0.37	0.22	0.41	-0.2	-0.05	0.04	0.28	0.19	0.15	0.3	0.32	0.16	0.38

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China Nonferrous Account Relationship Matchups

China Nonferrous fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.3B	22.1B	19.0B	20.1B	19.5B	11.7B
Short Long Term Debt Total	7.9B	8.0B	6.3B	6.8B	5.2B	3.5B
Other Current Liab	3.1B	687.3M	614.4M	901.2M	121.0M	115.0M
Total Current Liabilities	13.2B	8.8B	4.9B	9.7B	8.0B	5.6B
Total Stockholder Equity	4.8B	4.6B	4.5B	4.8B	5.2B	2.7B
Property Plant And Equipment Net	3.9B	3.1B	3.0B	3.1B	3.6B	2.2B
Current Deferred Revenue	1.7B	1.5B	1.1B	2.0B	2.9B	3.0B
Net Debt	3.7B	4.6B	2.9B	3.8B	1.5B	1.7B
Accounts Payable	2.4B	1.9B	1.5B	1.3B	1.7B	1.4B
Cash	4.2B	3.4B	3.4B	3.0B	3.7B	3.9B
Non Current Assets Total	11.3B	10.4B	9.9B	9.4B	10.1B	10.6B
Non Currrent Assets Other	91.6M	81.5M	668.2M	656.3M	777.3M	736.7M
Cash And Short Term Investments	4.2B	3.4B	3.6B	3.2B	3.9B	4.1B
Net Receivables	6.5B	6.6B	3.6B	5.3B	3.4B	3.1B
Common Stock Shares Outstanding	2.0B	2.0B	2.0B	2.0B	2.0B	2.0B
Liabilities And Stockholders Equity	25.3B	22.1B	19.0B	20.1B	19.5B	11.3B
Non Current Liabilities Total	3.6B	4.3B	5.6B	2.2B	2.9B	1.8B
Inventory	3.1B	1.6B	1.7B	1.9B	1.9B	1.7B
Other Current Assets	203.4M	225.9M	225.9M	248.0M	262.9M	146.9M
Other Stockholder Equity	837.4M	863.1M	794.1M	870.9M	847.0M	732.5M
Total Liab	16.8B	13.1B	10.5B	11.9B	10.9B	7.4B
Total Current Assets	14.0B	11.7B	9.1B	10.6B	9.4B	6.7B
Short Term Debt	6.1B	4.7B	1.7B	5.5B	3.3B	2.7B
Short Term Investments	(460.1M)	(440.3M)	200.4M	200.0M	176.0M	184.8M
Retained Earnings	1.7B	1.7B	1.8B	1.9B	2.3B	2.4B
Other Assets	1.0	992.4M	1.4B	1.3B	1.5B	1.6B
Intangible Assets	3.6B	3.1B	3.0B	3.2B	3.2B	3.3B
Property Plant Equipment	4.0B	3.2B	3.0B	3.2B	3.6B	2.9B
Other Liab	1.4B	930.2M	975.0M	877.0M	1.0B	709.2M
Long Term Debt	2.1B	3.3B	4.6B	1.3B	1.9B	1.6B
Good Will	87.5M	82.3M	80.7M	87.1M	88.4M	92.8M
Net Tangible Assets	1.1B	1.4B	1.5B	1.6B	1.4B	1.9B
Deferred Long Term Liab	30.6M	25.8M	7.6M	2.3M	2.1M	2.0M
Short Long Term Debt	4.7B	3.6B	1.3B	4.2B	2.7B	3.0B
Non Current Liabilities Other	78.3M	7.3M	111.2M	55.5M	43.4M	45.1M
Net Invested Capital	11.3B	11.5B	10.4B	10.4B	9.8B	9.0B
Net Working Capital	961.8M	2.9B	4.2B	944.2M	1.4B	2.0B

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

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China Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

China Nonferrous fundamental ratios Correlations

China Nonferrous Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Nonferrous fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Liab
Total Liab	+ 0.97	Total Assets
Total Current Assets	+ 0.96	Net Receivables
Total Current Assets	+ 0.95	Total Assets
Total Liab	+ 0.95	Total Current Liabilities

Short Term Investments	- 0.71	Accounts Payable
Short Term Investments	- 0.69	Inventory
Short Term Investments	- 0.69	Other Current Liab
Short Term Investments	- 0.59	Net Receivables
Short Term Investments	- 0.56	Total Current Liabilities
Short Term Investments	- 0.52	Total Current Assets