GuoChuang Total Current Liabilities vs Intangible Assets Analysis

300520 Stock   25.71  0.66  2.63%   
GuoChuang Software financial indicator trend analysis is much more than just examining GuoChuang Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GuoChuang Software is a good investment. Please check the relationship between GuoChuang Software Total Current Liabilities and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GuoChuang Software Co. 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 Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GuoChuang Software Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GuoChuang Software's Total Current Liabilities and Intangible Assets is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of GuoChuang Software Co, assuming nothing else is changed. The correlation between historical values of GuoChuang Software's Total Current Liabilities 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 Total Current Liabilities of GuoChuang Software Co 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 Total Current Liabilities i.e., GuoChuang Software's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on GuoChuang Software balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GuoChuang Software Co 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from GuoChuang Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GuoChuang Software 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 GuoChuang Software Co. 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 26 M, whereas Selling General Administrative is forecasted to decline to about 138.8 M.
 2021 2022 2023 2024 (projected)
Operating Income161.5M63.5M32.2M30.6M
Total Revenue1.7B2.4B2.5B2.6B

GuoChuang Software fundamental ratios Correlations

0.260.990.88-0.230.970.960.960.860.970.920.990.970.840.990.980.920.720.920.840.940.930.18-0.640.840.93
0.260.190.470.660.110.240.270.440.24-0.10.20.20.540.330.180.480.340.08-0.280.320.310.130.260.280.35
0.990.190.83-0.310.990.960.930.840.980.941.00.940.790.980.980.890.70.950.880.930.890.23-0.680.830.88
0.880.470.830.110.80.810.90.890.830.720.830.90.960.890.830.970.680.710.590.920.960.1-0.290.790.93
-0.230.66-0.310.11-0.31-0.34-0.140.04-0.27-0.44-0.28-0.190.17-0.18-0.310.050.18-0.42-0.6-0.15-0.010.050.760.02-0.05
0.970.110.990.8-0.310.910.920.840.970.960.990.930.750.960.980.860.740.960.90.920.890.22-0.640.860.85
0.960.240.960.81-0.340.910.880.770.940.890.940.90.770.950.910.860.540.870.840.890.820.22-0.750.680.85
0.960.270.930.9-0.140.920.880.850.920.860.930.970.850.940.950.890.710.860.760.890.950.05-0.570.820.98
0.860.440.840.890.040.840.770.850.840.690.860.790.850.860.860.930.850.820.60.940.890.21-0.290.920.79
0.970.240.980.83-0.270.970.940.920.840.920.980.930.830.970.950.880.660.920.830.920.880.33-0.650.80.87
0.92-0.10.940.72-0.440.960.890.860.690.920.930.920.690.880.90.770.560.880.960.840.830.26-0.710.720.8
0.990.21.00.83-0.280.990.940.930.860.980.930.940.790.980.980.890.750.960.870.940.910.22-0.650.870.88
0.970.20.940.9-0.190.930.90.970.790.930.920.940.840.960.940.890.650.850.820.890.950.08-0.60.780.97
0.840.540.790.960.170.750.770.850.850.830.690.790.840.850.760.940.610.630.510.880.90.33-0.240.710.88
0.990.330.980.89-0.180.960.950.940.860.970.880.980.960.850.970.930.730.920.790.940.930.17-0.60.850.93
0.980.180.980.83-0.310.980.910.950.860.950.90.980.940.760.970.870.760.970.850.920.920.08-0.650.880.9
0.920.480.890.970.050.860.860.890.930.880.770.890.890.940.930.870.750.790.650.970.950.19-0.330.850.9
0.720.340.70.680.180.740.540.710.850.660.560.750.650.610.730.760.750.760.490.730.780.07-0.140.970.65
0.920.080.950.71-0.420.960.870.860.820.920.880.960.850.630.920.970.790.760.860.880.830.11-0.670.870.78
0.84-0.280.880.59-0.60.90.840.760.60.830.960.870.820.510.790.850.650.490.860.760.710.17-0.790.650.68
0.940.320.930.92-0.150.920.890.890.940.920.840.940.890.880.940.920.970.730.880.760.930.23-0.440.860.85
0.930.310.890.96-0.010.890.820.950.890.880.830.910.950.90.930.920.950.780.830.710.930.06-0.370.890.96
0.180.130.230.10.050.220.220.050.210.330.260.220.080.330.170.080.190.070.110.170.230.06-0.060.090.0
-0.640.26-0.68-0.290.76-0.64-0.75-0.57-0.29-0.65-0.71-0.65-0.6-0.24-0.6-0.65-0.33-0.14-0.67-0.79-0.44-0.37-0.06-0.28-0.5
0.840.280.830.790.020.860.680.820.920.80.720.870.780.710.850.880.850.970.870.650.860.890.09-0.280.77
0.930.350.880.93-0.050.850.850.980.790.870.80.880.970.880.930.90.90.650.780.680.850.960.0-0.50.77
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GuoChuang Software Account Relationship Matchups

GuoChuang Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.6B3.6B4.1B4.7B4.9B
Other Current Liab313.5M472.8M566.5M47.4M49.8M47.3M
Total Current Liabilities957.8M1.2B1.7B2.1B2.4B2.5B
Total Stockholder Equity1.6B1.3B1.5B1.5B1.9B1.0B
Retained Earnings352.8M197.7M277.3M164.0M(212.8M)(202.1M)
Accounts Payable269.4M313.1M527.6M787.8M739.7M776.7M
Cash708.5M741.4M762.2M795.4M1.3B1.4B
Other Assets141.2M110.4M94.5M154.7M177.9M186.8M
Net Receivables620.9M377.5M1.2B872.2M1.1B541.3M
Inventory115.9M191.6M243.3M289.4M330.5M347.0M
Other Current Assets49.3M51.5M38.8M141.4M138.0M144.9M
Total Liab1.1B1.3B2.1B2.5B2.6B2.8B
Intangible Assets51.1M52.1M47.5M73.2M76.9M80.7M
Common Stock250.4M249.5M243.9M246.3M283.3M180.4M
Property Plant Equipment169.1M276.7M336.7M406.3M467.2M490.5M
Other Liab56.5M59.4M70.9M136.7M157.2M165.1M
Net Tangible Assets665.7M944.9M903.9M1.1B1.2B772.5M
Long Term Debt107.6M19.0M246.7M206.4M78.4M83.7M
Other Stockholder Equity391.9K16.1M41.3M110.7M127.3M133.7M
Deferred Long Term Liab3.6M596.0K1.5M14.6M16.8M17.6M
Total Current Assets1.5B1.6B2.2B2.4B3.1B1.8B
Non Current Assets Total1.2B1.1B1.4B1.7B1.6B1.1B
Non Currrent Assets Other281.2K5.7M7.4M54.5M22.5M25.4M
Non Current Liabilities Total158.2M89.9M386.8M373.5M242.2M184.2M
Non Current Liabilities Other4.9M5.4M9.6M8.5M4.7M6.4M
Common Stock Shares Outstanding250.4M249.5M243.9M246.3M291.2M270.7M
Net Invested Capital2.0B1.5B2.2B2.1B2.6B2.0B
Short Long Term Debt319.1M180.2M510.6M487.2M590.0M384.3M
Net Working Capital536.8M359.7M529.2M235.5M685.3M498.3M
Capital Stock250.4M249.5M243.9M246.3M291.2M278.8M

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Other Information on Investing in GuoChuang Stock

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