Fujian Non Current Liabilities Total vs Total Assets Analysis

002682 Stock   5.52  0.19  3.33%   
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 Non Current Liabilities Total and its Total Assets 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Longzhou Tran Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fujian Longzhou's Non Current Liabilities Total and Total Assets is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Fujian Longzhou Transportation 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 Non Current Liabilities Total i.e., Fujian Longzhou's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Fujian Longzhou 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 Fujian Longzhou Tran 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 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.