China Total Current Liabilities vs Current Deferred Revenue 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 Total Current Liabilities and its Current Deferred Revenue 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.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Nonferrous Metal Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between China Nonferrous' Total Current Liabilities and Current Deferred Revenue is 0.37. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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' Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of China Nonferrous Metal are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., China Nonferrous' Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on China Nonferrous balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Nonferrous Metal are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 13, 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 Profit1.2B1.5B1.6B991.4M
Total Revenue6.5B7.4B9.4B7.3B

China Nonferrous fundamental ratios Correlations

0.930.60.870.940.920.290.770.630.70.730.110.680.880.690.620.70.470.480.970.950.830.68-0.380.710.22
0.930.510.780.840.740.180.910.430.670.67-0.050.650.860.640.640.590.580.20.90.90.850.75-0.290.70.14
0.60.510.850.470.690.10.530.750.160.040.510.110.750.29-0.010.90.460.60.760.790.710.03-0.690.19-0.09
0.870.780.850.760.870.370.740.770.460.440.390.420.930.530.170.870.490.570.950.950.950.41-0.560.530.28
0.940.840.470.760.880.440.660.550.690.750.110.680.790.80.580.580.530.550.860.860.710.73-0.160.770.27
0.920.740.690.870.880.350.610.820.550.610.40.520.840.580.450.820.330.680.920.910.750.47-0.490.630.2
0.290.180.10.370.440.350.090.190.460.520.220.480.240.64-0.170.120.290.390.280.260.320.470.280.60.76
0.770.910.530.740.660.610.090.450.370.430.120.350.890.480.450.610.540.120.810.830.850.62-0.390.550.07
0.630.430.750.770.550.820.190.450.150.220.660.110.750.260.130.860.130.780.730.740.590.05-0.710.260.19
0.70.670.160.460.690.550.460.370.150.91-0.331.00.410.780.610.250.420.190.60.570.450.80.150.840.36
0.730.670.040.440.750.610.520.430.220.91-0.220.910.470.760.670.20.230.240.60.550.450.860.120.850.47
0.11-0.050.510.390.110.40.220.120.66-0.33-0.22-0.340.32-0.16-0.310.62-0.20.50.250.270.26-0.28-0.45-0.020.02
0.680.650.110.420.680.520.480.350.111.00.91-0.340.380.780.60.210.420.170.570.530.420.810.210.850.37
0.880.860.750.930.790.840.240.890.750.410.470.320.380.570.340.810.490.520.940.960.920.51-0.590.550.22
0.690.640.290.530.80.580.640.480.260.780.76-0.160.780.570.410.290.710.480.610.630.490.810.160.810.41
0.620.64-0.010.170.580.45-0.170.450.130.610.67-0.310.60.340.410.150.140.010.470.430.180.61-0.050.49-0.2
0.70.590.90.870.580.820.120.610.860.250.20.620.210.810.290.150.320.580.830.860.760.18-0.690.4-0.05
0.470.580.460.490.530.330.290.540.130.420.23-0.20.420.490.710.140.320.20.480.560.480.510.080.50.04
0.480.20.60.570.550.680.390.120.780.190.240.50.170.520.480.010.580.20.510.530.330.01-0.380.210.28
0.970.90.760.950.860.920.280.810.730.60.60.250.570.940.610.470.830.480.510.990.910.56-0.520.630.19
0.950.90.790.950.860.910.260.830.740.570.550.270.530.960.630.430.860.560.530.990.90.56-0.520.640.15
0.830.850.710.950.710.750.320.850.590.450.450.260.420.920.490.180.760.480.330.910.90.52-0.480.560.3
0.680.750.030.410.730.470.470.620.050.80.86-0.280.810.510.810.610.180.510.010.560.560.520.250.910.32
-0.38-0.29-0.69-0.56-0.16-0.490.28-0.39-0.710.150.12-0.450.21-0.590.16-0.05-0.690.08-0.38-0.52-0.52-0.480.250.160.16
0.710.70.190.530.770.630.60.550.260.840.85-0.020.850.550.810.490.40.50.210.630.640.560.910.160.38
0.220.14-0.090.280.270.20.760.070.190.360.470.020.370.220.41-0.2-0.050.040.280.190.150.30.320.160.38
Click cells to compare fundamentals

China Nonferrous Account Relationship Matchups

China Nonferrous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.3B22.1B19.0B20.1B19.5B11.7B
Short Long Term Debt Total7.9B8.0B6.3B6.8B5.2B3.5B
Other Current Liab3.1B687.3M614.4M901.2M121.0M115.0M
Total Current Liabilities13.2B8.8B4.9B9.7B8.0B5.6B
Total Stockholder Equity4.8B4.6B4.5B4.8B5.2B2.7B
Property Plant And Equipment Net3.9B3.1B3.0B3.1B3.6B2.2B
Current Deferred Revenue1.7B1.5B1.1B2.0B2.9B3.0B
Net Debt3.7B4.6B2.9B3.8B1.5B1.7B
Accounts Payable2.4B1.9B1.5B1.3B1.7B1.4B
Cash4.2B3.4B3.4B3.0B3.7B3.9B
Non Current Assets Total11.3B10.4B9.9B9.4B10.1B10.6B
Non Currrent Assets Other91.6M81.5M668.2M656.3M777.3M736.7M
Cash And Short Term Investments4.2B3.4B3.6B3.2B3.9B4.1B
Net Receivables6.5B6.6B3.6B5.3B3.4B3.1B
Common Stock Shares Outstanding2.0B2.0B2.0B2.0B2.0B2.0B
Liabilities And Stockholders Equity25.3B22.1B19.0B20.1B19.5B11.3B
Non Current Liabilities Total3.6B4.3B5.6B2.2B2.9B1.8B
Inventory3.1B1.6B1.7B1.9B1.9B1.7B
Other Current Assets203.4M225.9M225.9M248.0M262.9M146.9M
Other Stockholder Equity837.4M863.1M794.1M870.9M847.0M732.5M
Total Liab16.8B13.1B10.5B11.9B10.9B7.4B
Total Current Assets14.0B11.7B9.1B10.6B9.4B6.7B
Short Term Debt6.1B4.7B1.7B5.5B3.3B2.7B
Short Term Investments(460.1M)(440.3M)200.4M200.0M176.0M184.8M
Retained Earnings1.7B1.7B1.8B1.9B2.3B2.4B
Other Assets1.0992.4M1.4B1.3B1.5B1.6B
Intangible Assets3.6B3.1B3.0B3.2B3.2B3.3B
Property Plant Equipment4.0B3.2B3.0B3.2B3.6B2.9B
Other Liab1.4B930.2M975.0M877.0M1.0B709.2M
Long Term Debt2.1B3.3B4.6B1.3B1.9B1.6B
Good Will87.5M82.3M80.7M87.1M88.4M92.8M
Net Tangible Assets1.1B1.4B1.5B1.6B1.4B1.9B
Deferred Long Term Liab30.6M25.8M7.6M2.3M2.1M2.0M
Short Long Term Debt4.7B3.6B1.3B4.2B2.7B3.0B
Non Current Liabilities Other78.3M7.3M111.2M55.5M43.4M45.1M
Net Invested Capital11.3B11.5B10.4B10.4B9.8B9.0B
Net Working Capital961.8M2.9B4.2B944.2M1.4B2.0B

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Other Information on Investing in China Stock

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.