Gansu Total Current Liabilities vs Common Stock Analysis

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 Total Current Liabilities and its Common Stock accounts. 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gansu Huangtai Wine Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gansu Huangtai's Total Current Liabilities and Common Stock is 0.54. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock 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 Total Current Liabilities and Common Stock 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 Gansu Huangtai Wine marketing are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Gansu Huangtai's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Gansu Huangtai balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gansu Huangtai Wine marketing 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.

Common Stock

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 K
 2021 2022 2023 2024 (projected)
Gross Profit53.8M87.1M94.3M70.3M
Interest Income8.5K15.5K20.7K14.5K

Gansu Huangtai fundamental ratios Correlations

-0.62-0.040.170.730.50.28-0.8-0.030.690.590.760.580.24-0.030.82-0.530.140.120.77-0.490.30.53-0.550.470.01
-0.62-0.070.3-0.69-0.41-0.240.920.19-0.01-0.02-0.72-0.03-0.03-0.13-0.340.25-0.010.23-0.280.89-0.22-0.360.61-0.140.25
-0.04-0.070.05-0.24-0.29-0.660.03-0.38-0.09-0.250.03-0.260.130.56-0.110.00.130.27-0.15-0.05-0.130.060.310.160.22
0.170.30.05-0.46-0.340.40.18-0.450.490.25-0.030.250.420.030.24-0.510.710.920.30.36-0.030.540.510.660.08
0.73-0.69-0.24-0.460.770.03-0.80.40.330.450.650.45-0.08-0.30.6-0.15-0.35-0.560.54-0.620.170.05-0.86-0.14-0.2
0.5-0.41-0.29-0.340.770.01-0.550.420.290.470.660.48-0.14-0.390.26-0.43-0.02-0.480.19-0.380.060.18-0.52-0.2-0.15
0.28-0.24-0.660.40.030.01-0.24-0.210.10.060.180.060.27-0.150.21-0.320.340.310.26-0.220.280.42-0.090.3-0.15
-0.80.920.030.18-0.8-0.55-0.240.05-0.37-0.42-0.78-0.42-0.010.05-0.540.4-0.060.19-0.490.78-0.26-0.430.7-0.290.17
-0.030.19-0.38-0.450.40.42-0.210.050.050.3-0.320.30.05-0.730.150.35-0.66-0.710.240.26-0.29-0.65-0.56-0.620.26
0.69-0.01-0.090.490.330.290.1-0.370.050.90.360.890.01-0.180.76-0.540.260.350.70.070.090.46-0.190.60.04
0.59-0.02-0.250.250.450.470.06-0.420.30.90.331.0-0.07-0.420.59-0.440.120.050.580.050.150.27-0.350.390.06
0.76-0.720.03-0.030.650.660.18-0.78-0.320.360.330.34-0.090.190.35-0.620.340.030.22-0.680.420.67-0.30.38-0.26
0.58-0.03-0.260.250.450.480.06-0.420.30.891.00.34-0.08-0.420.59-0.450.120.050.580.050.150.27-0.350.390.04
0.24-0.030.130.42-0.08-0.140.27-0.010.050.01-0.07-0.09-0.08-0.170.14-0.140.210.320.370.18-0.010.04-0.080.140.51
-0.03-0.130.560.03-0.3-0.39-0.150.05-0.73-0.18-0.420.19-0.42-0.17-0.16-0.030.210.41-0.27-0.30.380.340.430.32-0.17
0.82-0.34-0.110.240.60.260.21-0.540.150.760.590.350.590.14-0.16-0.31-0.080.120.95-0.29-0.020.29-0.520.31-0.12
-0.530.250.0-0.51-0.15-0.43-0.320.40.35-0.54-0.44-0.62-0.45-0.14-0.03-0.31-0.83-0.48-0.220.190.03-0.89-0.13-0.640.13
0.14-0.010.130.71-0.35-0.020.34-0.06-0.660.260.120.340.120.210.21-0.08-0.830.75-0.110.04-0.010.830.530.71-0.08
0.120.230.270.92-0.56-0.480.310.19-0.710.350.050.030.050.320.410.12-0.480.750.130.230.110.630.650.740.04
0.77-0.28-0.150.30.540.190.26-0.490.240.70.580.220.580.37-0.270.95-0.22-0.110.13-0.190.020.17-0.550.26-0.02
-0.490.89-0.050.36-0.62-0.38-0.220.780.260.070.05-0.680.050.18-0.3-0.290.190.040.23-0.19-0.33-0.320.470.00.51
0.3-0.22-0.13-0.030.170.060.28-0.26-0.290.090.150.420.15-0.010.38-0.020.03-0.010.110.02-0.330.14-0.120.220.05
0.53-0.360.060.540.050.180.42-0.43-0.650.460.270.670.270.040.340.29-0.890.830.630.17-0.320.140.240.8-0.25
-0.550.610.310.51-0.86-0.52-0.090.7-0.56-0.19-0.35-0.3-0.35-0.080.43-0.52-0.130.530.65-0.550.47-0.120.240.25-0.05
0.47-0.140.160.66-0.14-0.20.3-0.29-0.620.60.390.380.390.140.320.31-0.640.710.740.260.00.220.80.250.11
0.010.250.220.08-0.2-0.15-0.150.170.260.040.06-0.260.040.51-0.17-0.120.13-0.080.04-0.020.510.05-0.25-0.050.11
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Gansu Huangtai Account Relationship Matchups

Gansu Huangtai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets454.6M456.7M473.1M486.2M482.9M382.7M
Short Long Term Debt Total78.6M50.1M51.7M51.5M50.8M71.0M
Other Current Liab847.7K132.7M870.7K201.3M468.9K445.5K
Total Current Liabilities290.4M256.3M331.7M282.8M287.0M287.9M
Total Stockholder Equity90.9M133.8M123.1M133.5M121.3M151.5M
Property Plant And Equipment Net101.2M96.4M93.4M93.8M89.2M122.4M
Current Deferred Revenue197.3M3.5M219.8M3.1M203.3M118.0M
Net Debt57.4M43.2M41.0M32.5M33.2M59.0M
Retained Earnings(629.8M)(596.3M)(609.9M)(602.5M)(617.6M)(586.7M)
Accounts Payable63.7M57.9M60.4M77.7M82.5M58.0M
Cash21.2M6.8M10.6M19.0M17.6M16.5M
Non Current Assets Total285.3M275.9M266.9M261.7M251.4M277.4M
Cash And Short Term Investments21.2M6.8M10.6M19.0M17.6M17.9M
Net Receivables36.9M48.7M41.1M40.3M4.2M4.0M
Liabilities And Stockholders Equity454.6M456.7M473.1M486.2M482.9M382.7M
Non Current Liabilities Total72.3M66.5M18.3M68.5M73.3M36.8M
Inventory100.9M115.5M144.7M164.1M175.9M124.5M
Other Current Assets10.3M9.7M9.7M1.0M1.0M1.1M
Total Liab362.7M322.9M350.0M351.4M360.3M315.2M
Total Current Assets169.3M180.7M206.2M224.4M231.5M181.0M
Short Term Debt28.5M62.2M50.6M737.3K772.4K733.7K
Non Currrent Assets Other101.2M17.7M16.1M13.7M12.0M12.4M
Other Liab22.3M16.5M17.3M17.8M20.4M26.8M
Property Plant Equipment117.8M112.3M108.1M105.7M95.1M170.5M
Other Assets2.2M2.1M1.02.1M1.9M1.8M
Intangible Assets165.3M161.5M157.2M152.9M148.6M121.9M
Net Tangible Assets(74.4M)(27.8M)(34.2M)(19.4M)(22.3M)(23.5M)
Deferred Long Term Liab2.0M1.8M1.4M1.8M2.0M1.6M
Net Invested Capital169.5M183.8M123.1M183.5M171.3M143.1M
Non Current Liabilities Other22.3M16.5M17.3M17.8M23.0M21.9M
Net Working Capital(121.1M)(75.6M)(125.5M)(58.4M)(55.5M)(58.2M)

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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.