Fujian Cash vs Non Current Liabilities Total Analysis

002682 Stock   5.91  0.54  10.06%   
Fujian Longzhou financial indicator trend analysis is much more than just examining Fujian Longzhou Tran latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Longzhou Tran is a good investment. Please check the relationship between Fujian Longzhou Cash and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Longzhou Transportation. 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.

Cash vs Non Current Liabilities Total

Cash vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Longzhou Tran Cash account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fujian Longzhou's Cash and Non Current Liabilities Total is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Fujian Longzhou Transportation, assuming nothing else is changed. The correlation between historical values of Fujian Longzhou's Cash and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Fujian Longzhou Transportation are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., Fujian Longzhou's Cash and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Fujian Longzhou Tran, which is listed under current asset account on Fujian Longzhou Transportation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fujian Longzhou customers. The amounts must be unrestricted with restricted cash listed in a different Fujian Longzhou account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Liabilities Total

Most indicators from Fujian Longzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Longzhou Tran 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 Fujian Longzhou Transportation. 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 137.9 M, whereas Tax Provision is forecasted to decline to about 7.6 M.
 2021 2022 2023 2024 (projected)
Minority Interest35.1M44.7M96.0M91.2M
Income Tax Expense20.3M22.7M20.4M32.0M

Fujian Longzhou fundamental ratios Correlations

0.920.620.990.930.940.370.810.020.90.760.990.10.770.980.89-0.590.910.820.620.940.990.990.890.960.93
0.920.440.920.750.960.180.92-0.280.720.630.950.260.640.90.75-0.470.960.790.320.890.960.880.980.910.98
0.620.440.670.580.450.080.290.390.780.440.54-0.420.440.690.55-0.730.420.570.60.430.60.680.430.520.45
0.990.920.670.890.940.370.81-0.010.880.780.970.050.780.970.85-0.620.890.840.60.90.990.990.910.940.92
0.930.750.580.890.80.430.630.280.880.790.920.020.790.880.95-0.550.750.690.730.910.870.930.730.890.77
0.940.960.450.940.80.360.87-0.230.750.680.950.340.690.90.73-0.360.940.820.470.930.960.910.930.930.98
0.370.180.080.370.430.360.090.170.290.520.31-0.090.520.280.32-0.010.190.330.720.380.320.410.160.30.21
0.810.920.290.810.630.870.09-0.520.610.460.840.430.470.80.65-0.330.890.750.150.80.860.770.890.810.89
0.02-0.280.39-0.010.28-0.230.17-0.520.240.27-0.04-0.660.260.010.24-0.43-0.28-0.190.52-0.09-0.10.07-0.25-0.02-0.27
0.90.720.780.880.880.750.290.610.240.670.86-0.120.680.930.85-0.710.780.730.660.780.870.930.650.850.74
0.760.630.440.780.790.680.520.460.270.670.73-0.11.00.670.67-0.60.530.490.540.650.720.770.670.730.63
0.990.950.540.970.920.950.310.84-0.040.860.730.20.740.950.89-0.540.930.780.540.950.980.960.920.970.95
0.10.26-0.420.050.020.34-0.090.43-0.66-0.12-0.10.2-0.090.04-0.070.560.310.05-0.270.270.140.010.250.180.34
0.770.640.440.780.790.690.520.470.260.681.00.74-0.090.680.67-0.60.550.50.540.660.720.780.680.740.64
0.980.90.690.970.880.90.280.80.010.930.670.950.040.680.86-0.620.910.840.560.890.970.980.850.920.89
0.890.750.550.850.950.730.320.650.240.850.670.89-0.070.670.86-0.610.750.630.660.880.840.880.720.820.73
-0.59-0.47-0.73-0.62-0.55-0.36-0.01-0.33-0.43-0.71-0.6-0.540.56-0.6-0.62-0.61-0.42-0.37-0.36-0.33-0.57-0.62-0.47-0.52-0.4
0.910.960.420.890.750.940.190.89-0.280.780.530.930.310.550.910.75-0.420.790.350.90.950.880.890.90.96
0.820.790.570.840.690.820.330.75-0.190.730.490.780.050.50.840.63-0.370.790.50.780.840.840.750.840.8
0.620.320.60.60.730.470.720.150.520.660.540.54-0.270.540.560.66-0.360.350.50.580.530.670.30.520.38
0.940.890.430.90.910.930.380.8-0.090.780.650.950.270.660.890.88-0.330.90.780.580.920.910.860.910.91
0.990.960.60.990.870.960.320.86-0.10.870.720.980.140.720.970.84-0.570.950.840.530.920.980.930.950.96
0.990.880.680.990.930.910.410.770.070.930.770.960.010.780.980.88-0.620.880.840.670.910.980.850.940.89
0.890.980.430.910.730.930.160.89-0.250.650.670.920.250.680.850.72-0.470.890.750.30.860.930.850.890.95
0.960.910.520.940.890.930.30.81-0.020.850.730.970.180.740.920.82-0.520.90.840.520.910.950.940.890.93
0.930.980.450.920.770.980.210.89-0.270.740.630.950.340.640.890.73-0.40.960.80.380.910.960.890.950.93
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Fujian Longzhou Account Relationship Matchups

Fujian Longzhou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B8.7B7.7B7.4B6.7B5.6B
Short Long Term Debt Total3.8B3.6B3.1B3.8B3.8B2.0B
Other Current Liab330.5M433.0M101.9M237.1M46.8M44.5M
Total Current Liabilities4.9B4.6B3.3B3.6B3.3B2.6B
Total Stockholder Equity2.9B1.9B1.9B1.9B1.5B1.6B
Property Plant And Equipment Net2.0B2.1B2.0B2.1B1.9B1.4B
Current Deferred Revenue598.1M766.0M443.8M107.1M224.2M376.7M
Net Debt2.6B2.8B2.6B3.2B3.2B3.3B
Retained Earnings892.4M(59.9M)(51.9M)(133.8M)(490.4M)(465.9M)
Accounts Payable1.3B1.1B1.1B530.2M467.2M641.4M
Cash1.2B798.9M530.7M548.5M577.0M564.3M
Non Current Assets Total4.7B3.7B3.9B3.9B3.6B2.8B
Non Currrent Assets Other10.6M9.0M541.9M528.2M476.1M499.9M
Cash And Short Term Investments1.2B798.9M548.7M561.2M577.0M566.4M
Net Receivables3.2B3.2B2.7B2.6B1.6B1.6B
Good Will1.0B491.6M485.6M470.4M405.6M368.7M
Short Term Investments(742.0M)(234.2M)18.0M12.7M1.5M1.6M
Liabilities And Stockholders Equity10.0B8.7B7.7B7.4B6.7B5.6B
Non Current Liabilities Total1.6B1.7B2.1B1.6B1.7B1.0B
Inventory231.0M424.9M255.9M261.8M263.2M241.2M
Other Current Assets552.7M584.8M303.1M129.7M132.0M125.4M
Other Stockholder Equity1.4B1.3B1.3B1.3B1.3B851.9M
Total Liab6.5B6.3B5.4B5.2B5.0B3.7B
Total Current Assets5.2B5.0B3.9B3.5B3.1B2.8B
Short Term Debt2.7B2.3B1.6B2.8B2.5B1.4B
Intangible Assets833.6M752.6M718.3M701.2M680.6M590.6M
Other Liab455.0M437.6M444.9M416.3M478.7M380.0M
Long Term Debt1.3B1.3B1.5B972.7M1.2B689.7M
Property Plant Equipment2.0B2.1B2.0B2.1B2.4B1.5B
Net Tangible Assets1.0B696.8M740.2M680.3M612.2M682.6M
Deferred Long Term Liab37.7M43.2M24.2M22.8M20.5M26.9M
Short Long Term Debt2.2B1.8B1.4B1.9B1.8B1.6B
Non Current Liabilities Other39.2M22.6M21.4M10.6M10.1M9.6M
Net Invested Capital6.2B5.0B4.8B4.7B4.6B4.1B
Net Working Capital296.0M396.2M574.6M(127.6M)(159.6M)(151.7M)

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Other Information on Investing in Fujian Stock

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