Guizhou Total Stockholder Equity vs Accounts Payable Analysis

002895 Stock

23.33 0.35 1.52%

Guizhou Chanhen financial indicator trend analysis is much more than just examining Guizhou Chanhen Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou Chanhen Chemical is a good investment. Please check the relationship between Guizhou Chanhen Total Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou Chanhen Chemical. 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guizhou Chanhen Chemical Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guizhou Chanhen's Total Stockholder Equity and Accounts Payable is 0.85. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Guizhou Chanhen Chemical, assuming nothing else is changed. The correlation between historical values of Guizhou Chanhen's Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Guizhou Chanhen Chemical are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Guizhou Chanhen's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Guizhou Chanhen obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guizhou Chanhen Chemical are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Guizhou Chanhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou Chanhen Chemical 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 Guizhou Chanhen Chemical. 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 185.8 M, whereas Selling General Administrative is forecasted to decline to about 121.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	717.8M	1.5B	1.7B	1.8B
Total Revenue	2.5B	3.4B	4.3B	2.4B

Gross Profit Total Revenue

Guizhou Chanhen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		0.53	0.99	0.9	0.86	0.75	0.9	0.98	0.99	1.0	0.4	0.97	0.66	0.99	0.84	0.49	1.0	0.97	0.94	0.99	0.52	0.66	0.97	0.84	0.97	0.92
Other Current Liab	0.53		0.45	0.61	0.66	0.74	0.5	0.39	0.53	0.5	0.71	0.71	0.89	0.56	0.27	0.58	0.52	0.65	0.29	0.59	0.6	0.69	0.63	0.73	0.69	0.71
Total Current Liabilities	0.99	0.45		0.87	0.84	0.69	0.9	0.99	0.99	1.0	0.32	0.94	0.6	0.98	0.86	0.47	0.99	0.95	0.97	0.98	0.47	0.63	0.96	0.79	0.95	0.88
Total Stockholder Equity	0.9	0.61	0.87		0.96	0.89	0.98	0.85	0.88	0.89	0.53	0.9	0.72	0.89	0.88	0.52	0.88	0.88	0.79	0.9	0.62	0.83	0.89	0.96	0.9	0.95
Other Liab	0.86	0.66	0.84	0.96		0.78	0.97	0.8	0.85	0.86	0.4	0.9	0.83	0.89	0.86	0.54	0.87	0.9	0.74	0.85	0.53	0.8	0.9	0.89	0.9	0.88
Net Tangible Assets	0.75	0.74	0.69	0.89	0.78		0.78	0.66	0.72	0.72	0.84	0.8	0.66	0.71	0.63	0.52	0.7	0.71	0.58	0.79	0.78	0.84	0.73	0.98	0.79	0.93
Retained Earnings	0.9	0.5	0.9	0.98	0.97	0.78		0.87	0.88	0.91	0.36	0.89	0.68	0.91	0.95	0.5	0.91	0.88	0.83	0.88	0.54	0.77	0.9	0.88	0.89	0.89
Accounts Payable	0.98	0.39	0.99	0.85	0.8	0.66	0.87		0.98	0.98	0.29	0.92	0.54	0.95	0.84	0.43	0.98	0.92	0.98	0.97	0.43	0.59	0.92	0.77	0.92	0.86
Cash	0.99	0.53	0.99	0.88	0.85	0.72	0.88	0.98		0.99	0.39	0.96	0.66	0.97	0.8	0.44	0.98	0.96	0.95	0.99	0.46	0.64	0.96	0.82	0.97	0.91
Non Current Assets Total	1.0	0.5	1.0	0.89	0.86	0.72	0.91	0.98	0.99		0.35	0.96	0.65	0.99	0.86	0.48	1.0	0.97	0.95	0.98	0.5	0.65	0.97	0.82	0.97	0.9
Non Currrent Assets Other	0.4	0.71	0.32	0.53	0.4	0.84	0.36	0.29	0.39	0.35		0.49	0.43	0.33	0.16	0.26	0.33	0.35	0.2	0.47	0.57	0.67	0.37	0.71	0.48	0.7
Other Assets	0.97	0.71	0.94	0.9	0.9	0.8	0.89	0.92	0.96	0.96	0.49		0.81	0.98	0.78	0.53	0.97	0.98	0.85	0.97	0.6	0.74	0.99	0.88	1.0	0.94
Net Receivables	0.66	0.89	0.6	0.72	0.83	0.66	0.68	0.54	0.66	0.65	0.43	0.81		0.73	0.5	0.52	0.67	0.81	0.45	0.68	0.55	0.68	0.79	0.73	0.8	0.71
Non Current Liabilities Total	0.99	0.56	0.98	0.89	0.89	0.71	0.91	0.95	0.97	0.99	0.33	0.98	0.73		0.86	0.48	1.0	0.99	0.9	0.97	0.49	0.64	0.99	0.81	0.98	0.9
Inventory	0.84	0.27	0.86	0.88	0.86	0.63	0.95	0.84	0.8	0.86	0.16	0.78	0.5	0.86		0.43	0.86	0.8	0.8	0.79	0.43	0.61	0.83	0.74	0.78	0.76
Other Current Assets	0.49	0.58	0.47	0.52	0.54	0.52	0.5	0.43	0.44	0.48	0.26	0.53	0.52	0.48	0.43		0.48	0.5	0.41	0.51	0.67	0.45	0.5	0.58	0.52	0.49
Total Liab	1.0	0.52	0.99	0.88	0.87	0.7	0.91	0.98	0.98	1.0	0.33	0.97	0.67	1.0	0.86	0.48		0.98	0.94	0.98	0.48	0.64	0.98	0.81	0.97	0.89
Deferred Long Term Liab	0.97	0.65	0.95	0.88	0.9	0.71	0.88	0.92	0.96	0.97	0.35	0.98	0.81	0.99	0.8	0.5	0.98		0.86	0.96	0.5	0.65	0.99	0.81	0.99	0.89
Short Long Term Debt	0.94	0.29	0.97	0.79	0.74	0.58	0.83	0.98	0.95	0.95	0.2	0.85	0.45	0.9	0.8	0.41	0.94	0.86		0.92	0.38	0.56	0.86	0.7	0.86	0.79
Total Current Assets	0.99	0.59	0.98	0.9	0.85	0.79	0.88	0.97	0.99	0.98	0.47	0.97	0.68	0.97	0.79	0.51	0.98	0.96	0.92		0.55	0.67	0.96	0.87	0.98	0.94
Non Current Liabilities Other	0.52	0.6	0.47	0.62	0.53	0.78	0.54	0.43	0.46	0.5	0.57	0.6	0.55	0.49	0.43	0.67	0.48	0.5	0.38	0.55		0.62	0.52	0.77	0.58	0.62
Short Term Debt	0.66	0.69	0.63	0.83	0.8	0.84	0.77	0.59	0.64	0.65	0.67	0.74	0.68	0.64	0.61	0.45	0.64	0.65	0.56	0.67	0.62		0.68	0.86	0.73	0.82
Intangible Assets	0.97	0.63	0.96	0.89	0.9	0.73	0.9	0.92	0.96	0.97	0.37	0.99	0.79	0.99	0.83	0.5	0.98	0.99	0.86	0.96	0.52	0.68		0.83	0.99	0.9
Common Stock	0.84	0.73	0.79	0.96	0.89	0.98	0.88	0.77	0.82	0.82	0.71	0.88	0.73	0.81	0.74	0.58	0.81	0.81	0.7	0.87	0.77	0.86	0.83		0.87	0.96
Property Plant Equipment	0.97	0.69	0.95	0.9	0.9	0.79	0.89	0.92	0.97	0.97	0.48	1.0	0.8	0.98	0.78	0.52	0.97	0.99	0.86	0.98	0.58	0.73	0.99	0.87		0.94
Common Stock Shares Outstanding	0.92	0.71	0.88	0.95	0.88	0.93	0.89	0.86	0.91	0.9	0.7	0.94	0.71	0.9	0.76	0.49	0.89	0.89	0.79	0.94	0.62	0.82	0.9	0.96	0.94

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Guizhou Chanhen Account Relationship Matchups

High Positive Relationship

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Non Current Assets Total
Property Plant Equipment	+ 1.0	Other Assets
Total Liab	+ 1.0	Non Current Liabilities Total

High Negative Relationship

Not Found

Guizhou Chanhen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.8B	6.9B	10.2B	12.0B	12.6B
Other Current Liab	88.4M	196.5M	351.5M	138.1M	156.1M	158.7M
Total Current Liabilities	675.0M	607.3M	1.3B	2.5B	2.9B	3.1B
Total Stockholder Equity	2.0B	2.9B	3.6B	4.4B	5.8B	3.3B
Other Liab	145.1M	145.0M	146.0M	192.5M	221.4M	165.7M
Net Tangible Assets	1.8B	1.8B	2.8B	2.4B	2.8B	2.2B
Retained Earnings	887.3M	907.6M	1.3B	1.8B	2.1B	1.3B
Accounts Payable	142.5M	143.1M	333.3M	744.2M	1.1B	1.1B
Cash	341.2M	513.7M	1.2B	1.5B	2.2B	2.4B
Non Current Assets Total	2.0B	2.2B	4.4B	7.1B	7.9B	8.3B
Non Currrent Assets Other	97.8M	837.9M	390.6M	167.3M	278.3M	252.0M
Other Assets	51.1M	102.9M	147.0M	472.5M	543.3M	570.5M
Net Receivables	110.4M	72.8M	465.4M	206.7M	250.4M	177.3M
Non Current Liabilities Total	145.0M	201.0M	1.9B	2.7B	2.8B	2.9B
Inventory	286.7M	258.0M	350.6M	792.2M	776.3M	465.7M
Other Current Assets	75.1M	81.5M	183.0M	153.0M	189.7M	151.8M
Total Liab	820.0M	808.4M	3.2B	5.2B	5.7B	6.0B
Short Long Term Debt	408M	238M	329.3M	709.7M	1.0B	1.1B
Total Current Assets	813.4M	1.6B	2.5B	3.0B	4.1B	4.3B
Intangible Assets	186.7M	177.3M	1.2B	1.4B	1.4B	1.4B
Common Stock	400.0M	407.1M	407.6M	488.4M	561.7M	467.8M
Property Plant Equipment	409.3M	575.7M	696.1M	1.6B	1.8B	1.9B
Common Stock Shares Outstanding	407.1M	407.6M	488.4M	501.8M	542.0M	508.4M
Net Invested Capital	2.4B	3.2B	5.6B	6.6B	8.3B	4.8B
Net Working Capital	138.4M	997.5M	1.2B	541.7M	1.2B	763.0M

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Other Information on Investing in Guizhou Stock

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

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