Beijing Retained Earnings vs Intangible Assets Analysis
002659 Stock | 5.49 0.02 0.36% |
Beijing Kaiwen financial indicator trend analysis is way more than just evaluating Beijing Kaiwen Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Kaiwen Education is a good investment. Please check the relationship between Beijing Kaiwen Retained Earnings and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Kaiwen Education. 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.
Retained Earnings vs Intangible Assets
Retained Earnings vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Kaiwen Education Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Beijing Kaiwen's Retained Earnings and Intangible Assets is -0.05. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Beijing Kaiwen Education, assuming nothing else is changed. The correlation between historical values of Beijing Kaiwen's Retained Earnings and Intangible 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 Retained Earnings of Beijing Kaiwen Education are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Beijing Kaiwen's Retained Earnings and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Beijing Kaiwen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Kaiwen Education 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 Beijing Kaiwen Education. 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 Tax Provision is expected to grow to about 4.1 M, whereas Selling General Administrative is forecasted to decline to about 11.2 M.
Beijing Kaiwen fundamental ratios Correlations
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Beijing Kaiwen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Kaiwen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 4.1B | 3.5B | 3.2B | 3.1B | 2.9B | |
Other Current Liab | 251.4M | 251.2M | 25.1M | 138.9M | 5.5M | 5.2M | |
Total Current Liabilities | 525.8M | 582.2M | 127.6M | 242.3M | 265.8M | 252.5M | |
Total Stockholder Equity | 2.1B | 2.5B | 2.3B | 2.3B | 2.2B | 1.5B | |
Retained Earnings | (23.2M) | (152.7M) | (273.4M) | (370.0M) | (447.9M) | (425.5M) | |
Accounts Payable | 13.9M | 120.7M | 42.1M | 38.4M | 48.8M | 46.4M | |
Cash | 550.9M | 877.1M | 507.1M | 441.2M | 395.7M | 391.2M | |
Other Assets | 579.5M | 596.1M | 570.5M | 2.2B | 2.5B | 2.6B | |
Net Receivables | 260.1M | 87.6K | 175.0M | 1.6M | 5.3M | 5.0M | |
Inventory | 168.3K | 253.9K | 206.0K | 200.4K | 121.5K | 115.4K | |
Other Current Assets | 26.3M | 13.7M | 6.2M | 152.1M | 146.9M | 85.1M | |
Total Liab | 1.6B | 1.6B | 1.1B | 992.3M | 909.3M | 1.3B | |
Intangible Assets | 845.4M | 826.6M | 808.0M | 113.0M | 27.1M | 25.7M | |
Property Plant Equipment | 1.2B | 1.2B | 1.2B | 161.8M | 186.1M | 176.8M | |
Net Tangible Assets | 1.1B | 1.5B | 1.3B | 1.9B | 2.2B | 1.4B | |
Other Stockholder Equity | (47.3K) | (646.9K) | (942.2K) | (10.8K) | (9.7K) | (10.2K) | |
Deferred Long Term Liab | 343.2M | 319.9M | 269.3M | 257.8M | 296.5M | 244.1M | |
Total Current Assets | 861.9M | 1.3B | 753.7M | 597.8M | 551.2M | 713.6M | |
Non Current Assets Total | 2.8B | 2.8B | 2.7B | 2.6B | 2.6B | 3.0B | |
Non Currrent Assets Other | 219.4K | 17.4M | 377.8K | 1.0M | 905.0K | 859.7K | |
Non Current Liabilities Total | 1.0B | 1.1B | 1.0B | 750.0M | 643.6M | 773.4M | |
Net Debt | 476.5M | 298.0M | 482.9M | 298.8M | 244.3M | 298.0M | |
Net Invested Capital | 3.2B | 3.7B | 3.3B | 3.0B | 2.8B | 3.4B | |
Net Working Capital | 336.2M | 731.6M | 626.1M | 355.5M | 285.5M | 266.5M |
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Balance Sheet is a snapshot of the financial position of Beijing Kaiwen Education at a specified time, usually calculated after every quarter, six months, or one year. Beijing Kaiwen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Kaiwen 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.