China Total Current Liabilities vs Other Current Liab Analysis

002939 Stock   8.45  0.07  0.82%   
China Great financial indicator trend analysis is way more than just evaluating China Great Wall prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Great Wall is a good investment. Please check the relationship between China Great Total Current Liabilities and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Great Wall. 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 Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Great Wall Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between China Great's Total Current Liabilities and Other Current Liab is -0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of China Great Wall, assuming nothing else is changed. The correlation between historical values of China Great's Total Current Liabilities and Other Current Liab 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 Current Liabilities of China Great Wall are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., China Great's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on China Great balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Great Wall are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

Most indicators from China Great's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Great Wall 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 China Great Wall. 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 129.3 M, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2023 2024 (projected)
Gross Profit1.1B1.3B
Total Revenue3.3B4.4B

China Great fundamental ratios Correlations

0.97-0.610.650.980.67-0.590.990.650.970.980.39-0.060.970.350.820.851.00.970.960.81-0.650.14-0.670.810.67
0.97-0.590.620.920.73-0.440.950.620.930.970.53-0.120.940.280.860.770.980.940.960.73-0.66-0.03-0.630.830.68
-0.61-0.59-0.93-0.58-0.340.39-0.54-0.93-0.6-0.62-0.270.2-0.59-0.11-0.58-0.69-0.61-0.58-0.62-0.380.69-0.170.25-0.5-0.54
0.650.62-0.930.650.29-0.380.611.00.620.690.06-0.250.60.360.630.810.640.60.690.43-0.740.15-0.410.510.63
0.980.92-0.580.650.58-0.60.980.650.940.970.26-0.110.940.430.740.90.960.950.950.87-0.620.14-0.740.80.7
0.670.73-0.340.290.58-0.250.650.290.650.650.51-0.10.66-0.040.520.320.690.660.580.58-0.25-0.14-0.240.780.41
-0.59-0.440.39-0.38-0.6-0.25-0.58-0.38-0.74-0.430.10.07-0.72-0.39-0.34-0.5-0.58-0.72-0.54-0.60.09-0.520.47-0.28-0.28
0.990.95-0.540.610.980.65-0.580.610.950.970.29-0.030.960.440.810.850.980.960.960.84-0.610.15-0.710.790.71
0.650.62-0.931.00.650.29-0.380.610.620.690.06-0.250.60.360.630.810.640.60.690.43-0.740.15-0.410.510.63
0.970.93-0.60.620.940.65-0.740.950.620.910.35-0.121.00.370.790.780.971.00.940.8-0.530.19-0.660.740.63
0.980.97-0.620.690.970.65-0.430.970.690.910.39-0.120.910.320.830.880.970.910.960.78-0.740.03-0.670.840.7
0.390.53-0.270.060.260.510.10.290.060.350.39-0.010.37-0.510.420.050.420.360.360.1-0.32-0.29-0.010.460.1
-0.06-0.120.2-0.25-0.11-0.10.07-0.03-0.25-0.12-0.12-0.01-0.15-0.07-0.16-0.16-0.04-0.15-0.19-0.080.110.610.18-0.11-0.2
0.970.94-0.590.60.940.66-0.720.960.61.00.910.37-0.150.350.790.780.971.00.940.8-0.540.14-0.650.750.62
0.350.28-0.110.360.43-0.04-0.390.440.360.370.32-0.51-0.070.350.310.470.320.360.470.48-0.040.15-0.650.20.63
0.820.86-0.580.630.740.52-0.340.810.630.790.830.42-0.160.790.310.710.840.790.860.54-0.730.01-0.560.580.62
0.850.77-0.690.810.90.32-0.50.850.810.780.880.05-0.160.780.470.710.820.790.840.74-0.780.22-0.640.670.61
1.00.98-0.610.640.960.69-0.580.980.640.970.970.42-0.040.970.320.840.820.970.960.79-0.650.14-0.640.80.65
0.970.94-0.580.60.950.66-0.720.960.61.00.910.36-0.151.00.360.790.790.970.940.8-0.540.14-0.660.740.63
0.960.96-0.620.690.950.58-0.540.960.690.940.960.36-0.190.940.470.860.840.960.940.78-0.640.02-0.790.760.79
0.810.73-0.380.430.870.58-0.60.840.430.80.780.1-0.080.80.480.540.740.790.80.78-0.260.17-0.690.840.68
-0.65-0.660.69-0.74-0.62-0.250.09-0.61-0.74-0.53-0.74-0.320.11-0.54-0.04-0.73-0.78-0.65-0.54-0.64-0.26-0.050.29-0.43-0.35
0.14-0.03-0.170.150.14-0.14-0.520.150.150.190.03-0.290.610.140.150.010.220.140.140.020.17-0.05-0.01-0.07-0.14
-0.67-0.630.25-0.41-0.74-0.240.47-0.71-0.41-0.66-0.67-0.010.18-0.65-0.65-0.56-0.64-0.64-0.66-0.79-0.690.29-0.01-0.5-0.66
0.810.83-0.50.510.80.78-0.280.790.510.740.840.46-0.110.750.20.580.670.80.740.760.84-0.43-0.07-0.50.62
0.670.68-0.540.630.70.41-0.280.710.630.630.70.1-0.20.620.630.620.610.650.630.790.68-0.35-0.14-0.660.62
Click cells to compare fundamentals

China Great Account Relationship Matchups

China Great fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.1B72.2B92.7B100.2B115.6B121.4B
Short Long Term Debt Total15.0B23.0B31.8B30.6B38.5B40.4B
Other Current Liab(320.7M)(346.0M)(409.0M)(596.6M)(1.5B)(1.4B)
Total Current Liabilities320.7M346.0M409.0M596.6M1.5B1.5B
Total Stockholder Equity16.9B18.1B19.6B27.6B28.6B30.0B
Property Plant And Equipment Net173.0M165.6M567.9M462.0M480.6M267.5M
Net Debt(13.8B)(17.3B)(19.8B)(18.9B)(14.3B)(15.0B)
Retained Earnings2.2B3.0B3.9B4.1B4.7B5.0B
Accounts Payable320.7M346.0M409.0M596.6M1.5B1.5B
Cash28.7B40.4B51.6B49.4B52.8B55.4B
Non Current Assets Total27.2B27.4B37.5B46.4B60.4B63.4B
Non Currrent Assets Other(160.3M)(228.9M)(164.7M)(377.0M)(298.3M)(313.2M)
Other Assets3.0B3.7B3.2B4.1B2.0B2.9B
Cash And Short Term Investments28.7B40.4B51.6B49.4B52.8B55.4B
Net Receivables182.1M729.3M360.5M311.5M464.1M341.1M
Liabilities And Stockholders Equity59.1B72.2B92.7B100.2B115.6B121.4B
Non Current Liabilities Total15.0B23.0B31.8B596.6M38.5B40.4B
Other Stockholder Equity7.0B9.2B5.3B11.7B19.8B20.8B
Total Liab41.7B53.7B72.6B72.2B86.6B90.9B
Total Current Assets28.9B41.1B52.0B49.8B53.2B55.9B
Intangible Assets76.3M88.4M92.4M90.8M115.2M121.0M
Other Liab466.8M981.5M1.3B1.1B980.7M916.2M
Net Tangible Assets16.8B18.0B19.5B27.5B31.6B19.3B
Other Current Assets(13.3B)(21.1B)(26.6B)(23.9B)(26.2B)(24.8B)
Deferred Long Term Liab82.8M73.6M59.7M44.1M50.8M62.3M
Long Term Investments27.0B27.1B36.8B45.9B59.8B31.9B
Property Plant Equipment173.0M165.6M567.9M462.0M531.3M281.6M
Net Invested Capital31.9B41.1B44.9B57.8B66.7B45.5B
Short Term Debt14.2B15.8B22.0B24.5B29.3B19.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in China Stock

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