000995 Stock | | | 15.30 0.44 2.96% |
Gansu Huangtai financial indicator trend analysis is much more than just examining Gansu Huangtai Wine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gansu Huangtai Wine is a good investment. Please check the relationship between Gansu Huangtai Long Term Debt and its Accounts Payable accounts. Check out
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Long Term Debt vs Accounts Payable
Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gansu Huangtai Wine Long Term Debt account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gansu Huangtai's Long Term Debt and Accounts Payable is 0.6. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Gansu Huangtai Wine marketing, assuming nothing else is changed. The correlation between historical values of Gansu Huangtai's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Gansu Huangtai Wine marketing are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Gansu Huangtai's Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Gansu Huangtai Wine has held for over one year. Long-term debt appears on Gansu Huangtai Wine marketing 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 Gansu Huangtai Wine marketing 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.
Accounts Payable
An accounting item on the balance sheet that represents Gansu Huangtai obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gansu Huangtai Wine are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Gansu Huangtai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gansu Huangtai Wine 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 Gansu Huangtai Wine marketing. 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 27.2
M. The current year's
Tax Provision is expected to grow to about 24.3
KGansu Huangtai fundamental ratios Correlations
Click cells to compare fundamentals
Gansu Huangtai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gansu Huangtai fundamental ratios Accounts
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Other Information on Investing in Gansu Stock
Balance Sheet is a snapshot of the
financial position of Gansu Huangtai Wine at a specified time, usually calculated after every quarter, six months, or one year. Gansu Huangtai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gansu Huangtai 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 Gansu currently owns. An asset can also be divided into two categories, current and non-current.