Guangzhou Net Tangible Assets vs Long Term Debt Analysis

002465 Stock

12.80 0.50 4.07%

Guangzhou Haige financial indicator trend analysis is much more than just examining Guangzhou Haige Comm latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Haige Comm is a good investment. Please check the relationship between Guangzhou Haige Net Tangible Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Haige Communications. 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 Tangible Assets vs Long Term Debt

Net Tangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Haige Comm Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Guangzhou Haige's Net Tangible Assets and Long Term Debt is -0.67. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Guangzhou Haige Communications, assuming nothing else is changed. The correlation between historical values of Guangzhou Haige's Net Tangible Assets and Long Term Debt 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 Tangible Assets of Guangzhou Haige Communications are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., Guangzhou Haige's Net Tangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Debt

Long-term debt is a debt that Guangzhou Haige Comm has held for over one year. Long-term debt appears on Guangzhou Haige Communications 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 Guangzhou Haige Communications 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.

Most indicators from Guangzhou Haige's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Haige Comm 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 Guangzhou Haige Communications. 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 313.6 M, whereas Tax Provision is projected to grow to (20 M).

	2021	2022	2023	2024 (projected)
Operating Income	789.6M	796.5M	770.7M	487.3M
Total Revenue	5.5B	5.6B	6.4B	3.4B

Operating Income Total Revenue

Guangzhou Haige fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.13	0.76	0.98	0.83	0.98	0.75	0.48	0.71	0.82	0.86	-0.17	0.79	0.1	0.92	0.81	-0.51	-0.43	0.87	-0.29	-0.38	-0.12	0.82	0.74	0.32	-0.48
Other Current Liab	0.13		-0.07	0.09	0.07	0.28	-0.17	-0.51	-0.08	-0.05	0.46	0.22	0.01	0.2	0.33	0.32	-0.2	0.31	0.02	0.52	0.23	0.1	-0.16	-0.21	0.15	0.16
Total Current Liabilities	0.76	-0.07		0.7	0.84	0.72	0.97	0.7	0.76	0.97	0.66	-0.25	0.99	0.13	0.66	0.6	-0.58	-0.65	0.74	-0.6	-0.55	-0.09	0.82	0.79	0.26	-0.66
Total Stockholder Equity	0.98	0.09	0.7		0.82	0.97	0.72	0.52	0.73	0.79	0.81	-0.2	0.72	-0.02	0.89	0.78	-0.48	-0.42	0.89	-0.23	-0.4	-0.19	0.81	0.74	0.33	-0.49
Other Liab	0.83	0.07	0.84	0.82		0.85	0.83	0.58	0.84	0.88	0.75	-0.29	0.85	-0.05	0.78	0.65	-0.62	-0.63	0.81	-0.45	-0.49	-0.09	0.73	0.77	0.38	-0.39
Retained Earnings	0.98	0.28	0.72	0.97	0.85		0.71	0.4	0.72	0.79	0.9	-0.17	0.75	0.06	0.93	0.81	-0.58	-0.42	0.87	-0.19	-0.37	-0.15	0.75	0.7	0.37	-0.46
Accounts Payable	0.75	-0.17	0.97	0.72	0.83	0.71		0.81	0.84	0.95	0.56	-0.32	0.95	0.0	0.59	0.49	-0.51	-0.78	0.8	-0.59	-0.71	-0.25	0.88	0.87	0.32	-0.62
Cash	0.48	-0.51	0.7	0.52	0.58	0.4	0.81		0.71	0.73	0.17	-0.41	0.64	-0.24	0.24	0.14	-0.15	-0.75	0.6	-0.6	-0.69	-0.3	0.74	0.75	0.17	-0.45
Other Assets	0.71	-0.08	0.76	0.73	0.84	0.72	0.84	0.71		0.78	0.48	-0.32	0.72	-0.25	0.51	0.33	-0.55	-0.81	0.91	-0.37	-0.8	-0.49	0.83	0.94	0.48	-0.39
Net Receivables	0.82	-0.05	0.97	0.79	0.88	0.79	0.95	0.73	0.78		0.69	-0.23	0.96	0.08	0.73	0.67	-0.55	-0.61	0.79	-0.55	-0.52	-0.16	0.83	0.77	0.19	-0.67
Inventory	0.86	0.46	0.66	0.81	0.75	0.9	0.56	0.17	0.48	0.69		-0.08	0.73	0.29	0.94	0.85	-0.54	-0.14	0.64	-0.11	-0.09	0.14	0.49	0.47	0.33	-0.43
Other Current Assets	-0.17	0.22	-0.25	-0.2	-0.29	-0.17	-0.32	-0.41	-0.32	-0.23	-0.08		-0.18	0.76	-0.21	0.05	0.47	0.29	-0.33	0.31	0.21	-0.04	-0.34	-0.39	-0.16	0.26
Total Liab	0.79	0.01	0.99	0.72	0.85	0.75	0.95	0.64	0.72	0.96	0.73	-0.18		0.24	0.72	0.65	-0.54	-0.61	0.72	-0.56	-0.51	-0.07	0.78	0.74	0.26	-0.6
Intangible Assets	0.1	0.2	0.13	-0.02	-0.05	0.06	0.0	-0.24	-0.25	0.08	0.29	0.76	0.24		0.12	0.28	0.24	0.19	-0.21	-0.01	0.22	0.19	-0.16	-0.21	-0.15	-0.02
Common Stock	0.92	0.33	0.66	0.89	0.78	0.93	0.59	0.24	0.51	0.73	0.94	-0.21	0.72	0.12		0.91	-0.56	-0.18	0.7	-0.17	-0.12	0.07	0.6	0.51	0.26	-0.46
Property Plant Equipment	0.81	0.32	0.6	0.78	0.65	0.81	0.49	0.14	0.33	0.67	0.85	0.05	0.65	0.28	0.91		-0.4	0.01	0.52	-0.15	0.07	0.21	0.46	0.3	0.11	-0.54
Long Term Debt	-0.51	-0.2	-0.58	-0.48	-0.62	-0.58	-0.51	-0.15	-0.55	-0.55	-0.54	0.47	-0.54	0.24	-0.56	-0.4		0.3	-0.67	0.23	0.22	-0.01	-0.55	-0.53	-0.29	0.5
Good Will	-0.43	0.31	-0.65	-0.42	-0.63	-0.42	-0.78	-0.75	-0.81	-0.61	-0.14	0.29	-0.61	0.19	-0.18	0.01	0.3		-0.64	0.53	0.89	0.49	-0.71	-0.8	-0.33	0.16
Net Tangible Assets	0.87	0.02	0.74	0.89	0.81	0.87	0.8	0.6	0.91	0.79	0.64	-0.33	0.72	-0.21	0.7	0.52	-0.67	-0.64		-0.26	-0.65	-0.43	0.92	0.9	0.42	-0.5
Short Term Investments	-0.29	0.52	-0.6	-0.23	-0.45	-0.19	-0.59	-0.6	-0.37	-0.55	-0.11	0.31	-0.56	-0.01	-0.17	-0.15	0.23	0.53	-0.26		0.18	-0.24	-0.45	-0.53	0.34	0.29
Deferred Long Term Liab	-0.38	0.23	-0.55	-0.4	-0.49	-0.37	-0.71	-0.69	-0.8	-0.52	-0.09	0.21	-0.51	0.22	-0.12	0.07	0.22	0.89	-0.65	0.18		0.74	-0.7	-0.75	-0.55	0.22
Long Term Investments	-0.12	0.1	-0.09	-0.19	-0.09	-0.15	-0.25	-0.3	-0.49	-0.16	0.14	-0.04	-0.07	0.19	0.07	0.21	-0.01	0.49	-0.43	-0.24	0.74		-0.37	-0.4	-0.24	0.08
Total Current Assets	0.82	-0.16	0.82	0.81	0.73	0.75	0.88	0.74	0.83	0.83	0.49	-0.34	0.78	-0.16	0.6	0.46	-0.55	-0.71	0.92	-0.45	-0.7	-0.37		0.9	0.31	-0.52
Non Current Assets Total	0.74	-0.21	0.79	0.74	0.77	0.7	0.87	0.75	0.94	0.77	0.47	-0.39	0.74	-0.21	0.51	0.3	-0.53	-0.8	0.9	-0.53	-0.75	-0.4	0.9		0.36	-0.42
Non Currrent Assets Other	0.32	0.15	0.26	0.33	0.38	0.37	0.32	0.17	0.48	0.19	0.33	-0.16	0.26	-0.15	0.26	0.11	-0.29	-0.33	0.42	0.34	-0.55	-0.24	0.31	0.36		-0.06
Non Current Liabilities Total	-0.48	0.16	-0.66	-0.49	-0.39	-0.46	-0.62	-0.45	-0.39	-0.67	-0.43	0.26	-0.6	-0.02	-0.46	-0.54	0.5	0.16	-0.5	0.29	0.22	0.08	-0.52	-0.42	-0.06

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Guangzhou Haige Account Relationship Matchups

Guangzhou Haige fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.1B	14.0B	14.8B	15.2B	19.4B	10.0B
Other Current Liab	537.8M	651.9M	1.1B	66.6M	140.2M	133.2M
Total Current Liabilities	2.3B	2.9B	3.2B	3.4B	5.3B	5.6B
Total Stockholder Equity	9.6B	9.9B	10.3B	10.7B	12.9B	7.0B
Other Liab	318.9M	569.7M	515.5M	495.1M	569.3M	597.8M
Retained Earnings	2.5B	2.8B	3.2B	2.9B	3.2B	1.8B
Accounts Payable	1.1B	1.8B	2.0B	2.2B	3.4B	3.6B
Cash	1.9B	2.1B	2.6B	2.7B	4.6B	4.8B
Other Assets	204.6M	2.3B	2.4B	2.4B	2.8B	2.9B
Net Receivables	3.1B	2.6B	3.7B	3.4B	5.3B	5.6B
Inventory	1.7B	1.9B	1.9B	1.6B	1.6B	1.3B
Other Current Assets	228.6M	132.7M	143.0M	51.6M	46.8M	44.5M
Total Liab	3.0B	3.5B	3.9B	4.0B	5.9B	6.2B
Intangible Assets	241.8M	217.1M	194.5M	327.1M	308.3M	381.7M
Common Stock	2.3B	2.3B	2.3B	2.3B	2.7B	1.4B
Property Plant Equipment	1.7B	1.3B	1.3B	1.4B	1.6B	1.1B
Long Term Debt	199M	176M	153M	130M	219.6M	229.2M
Good Will	1.3B	1.2B	1.2B	1.1B	1.1B	1.0B
Net Tangible Assets	6.5B	8.1B	8.5B	9.0B	10.3B	7.5B
Short Term Investments	931.4M	1.7B	1.0B	332M	270.5M	257.0M
Deferred Long Term Liab	85.8M	83.7M	69.8M	76.1M	68.5M	67.2M
Total Current Assets	7.9B	8.8B	9.4B	9.4B	13.2B	9.3B
Non Current Assets Total	5.2B	5.3B	5.4B	5.8B	6.2B	5.6B
Non Currrent Assets Other	42.6M	1.5B	185.0M	137.6M	229.9M	302.2M
Non Current Liabilities Total	768.7M	691.5M	660.9M	565.6M	615.0M	511.6M
Short Long Term Debt	512.3M	258.1M	15M	319M	1.3B	1.3B
Net Invested Capital	10.3B	10.4B	10.5B	11.1B	14.3B	11.8B
Net Working Capital	5.6B	5.9B	6.1B	6.0B	7.9B	6.5B

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

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Guangzhou Net Tangible Assets vs Long Term Debt Analysis

Net Tangible Assets vs Long Term Debt

Net Tangible Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Long Term Debt

Guangzhou Haige fundamental ratios Correlations

Guangzhou Haige Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Haige fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

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Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets
Accounts Payable	+ 0.97	Total Current Liabilities
Net Receivables	+ 0.97	Total Current Liabilities
Retained Earnings	+ 0.97	Total Stockholder Equity

Good Will	- 0.81	Other Assets
Non Current Assets Total	- 0.8	Good Will
Deferred Long Term Liab	- 0.8	Other Assets
Good Will	- 0.78	Accounts Payable
Non Current Assets Total	- 0.75	Deferred Long Term Liab
Good Will	- 0.75	Cash