LianChuang Other Assets vs Total Assets Analysis
002036 Stock | 10.58 0.25 2.31% |
LianChuang Electronic financial indicator trend analysis is infinitely more than just investigating LianChuang Electronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LianChuang Electronic is a good investment. Please check the relationship between LianChuang Electronic Other Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in LianChuang Electronic Technology. 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LianChuang Electronic Other Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LianChuang Electronic's Other Assets and Total Assets is 0.83. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of LianChuang Electronic Technology, assuming nothing else is changed. The correlation between historical values of LianChuang Electronic's Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of LianChuang Electronic Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., LianChuang Electronic's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Assets
Total Assets
Total assets refers to the total amount of LianChuang Electronic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LianChuang Electronic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from LianChuang Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LianChuang Electronic 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 LianChuang Electronic Technology. 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 14, 2024, Selling General Administrative is expected to decline to about 63.2 M. The current year's Tax Provision is expected to grow to about (13.7 M)
2021 | 2022 | 2023 | 2024 (projected) | Minority Interest | 25.8M | 28.2M | 67.6M | 96.8M | Income Tax Expense | 1.2M | 3.4M | 3.9M | 3.7M |
LianChuang Electronic fundamental ratios Correlations
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LianChuang Electronic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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LianChuang Electronic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.9B | 12.4B | 13.0B | 15.0B | 15.3B | 16.0B | |
Short Long Term Debt Total | 3.1B | 5.2B | 4.8B | 6.0B | 6.8B | 7.2B | |
Other Current Liab | 86.9M | 128.5M | 484.7M | 458.9M | 688.0M | 722.4M | |
Total Current Liabilities | 4.8B | 6.4B | 6.8B | 7.3B | 8.0B | 8.4B | |
Total Stockholder Equity | 2.2B | 3.6B | 3.8B | 3.8B | 2.8B | 3.0B | |
Property Plant And Equipment Net | 3.0B | 3.7B | 3.9B | 4.3B | 4.9B | 5.2B | |
Current Deferred Revenue | 174.0M | 162.1M | 241.0M | 256.4M | 166.5M | 174.8M | |
Net Debt | 1.9B | 2.9B | 2.8B | 3.3B | 5.0B | 5.2B | |
Retained Earnings | 1.1B | 1.3B | 1.4B | 1.4B | 411.5M | 431.7M | |
Accounts Payable | 2.7B | 2.0B | 2.4B | 2.2B | 2.0B | 2.1B | |
Cash | 1.1B | 2.2B | 2.0B | 2.7B | 1.8B | 1.9B | |
Non Current Assets Total | 3.6B | 4.8B | 5.9B | 7.1B | 8.2B | 8.6B | |
Non Currrent Assets Other | 224.8M | 497.8M | 222.5M | 301.4M | 497.6M | 522.5M | |
Cash And Short Term Investments | 1.1B | 2.3B | 2.0B | 2.7B | 1.8B | 1.9B | |
Net Receivables | 2.3B | 2.5B | 3.2B | 3.6B | 3.3B | 3.4B | |
Liabilities And Stockholders Equity | 8.9B | 12.4B | 13.0B | 15.0B | 15.3B | 16.0B | |
Inventory | 1.8B | 2.6B | 1.6B | 1.4B | 1.7B | 1.8B | |
Other Current Assets | 153.8M | 161.4M | 275.5M | 256.5M | 217.3M | 228.1M | |
Other Stockholder Equity | 309.5M | 1.1B | 1.2B | 1.3B | 1.3B | 1.3B | |
Total Liab | 6.4B | 8.2B | 8.9B | 10.4B | 11.7B | 12.3B | |
Total Current Assets | 5.4B | 7.5B | 7.1B | 7.9B | 7.0B | 7.4B | |
Short Term Debt | 1.9B | 4.2B | 3.7B | 4.4B | 5.1B | 5.4B | |
Intangible Assets | 110.0M | 229.4M | 737.0M | 1.1B | 1.4B | 1.4B | |
Common Stock | 715.3M | 1.0B | 1.1B | 1.1B | 1.1B | 1.1B | |
Property Plant Equipment | 3.0B | 3.7B | 3.9B | 4.3B | 5.0B | 5.2B | |
Long Term Debt | 1.5B | 1.0B | 1.1B | 1.6B | 1.7B | 878.3M | |
Non Current Liabilities Total | 1.6B | 1.7B | 2.1B | 3.1B | 3.7B | 3.9B | |
Other Liab | 287.1M | 626.8M | 204.7M | 270.0M | 310.6M | 326.1M | |
Short Term Investments | (118.4M) | 39.2M | (254.2M) | (294.8M) | (267.2M) | (253.8M) | |
Net Tangible Assets | 2.2B | 3.5B | 3.1B | 2.8B | 3.3B | 2.5B | |
Deferred Long Term Liab | 126.9M | 232.1M | 296.5M | 339.6M | 390.6M | 410.1M | |
Short Long Term Debt | 1.6B | 3.9B | 3.1B | 3.5B | 3.7B | 2.4B | |
Common Stock Shares Outstanding | 929.9M | 1.0B | 1.1B | 1.1B | 1.1B | 1.1B | |
Net Invested Capital | 5.1B | 8.5B | 7.9B | 8.8B | 8.2B | 7.4B | |
Net Working Capital | 506.4M | 1.1B | 225.1M | 558.5M | (938.5M) | (891.6M) | |
Capital Stock | 715.3M | 1.0B | 1.1B | 1.1B | 1.1B | 1.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in LianChuang Stock
Balance Sheet is a snapshot of the financial position of LianChuang Electronic at a specified time, usually calculated after every quarter, six months, or one year. LianChuang Electronic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LianChuang Electronic 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 LianChuang currently owns. An asset can also be divided into two categories, current and non-current.