Changsha Common Stock vs Long Term Debt Analysis

300700 Stock   8.86  0.12  1.37%   
Changsha DIALINE financial indicator trend analysis is way more than just evaluating Changsha DIALINE New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha DIALINE New is a good investment. Please check the relationship between Changsha DIALINE Common Stock and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha DIALINE New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changsha DIALINE New Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Changsha DIALINE's Common Stock and Long Term Debt is 0.32. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Changsha DIALINE New, assuming nothing else is changed. The correlation between historical values of Changsha DIALINE's Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Changsha DIALINE New are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Changsha DIALINE's Common Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Long Term Debt

Long-term debt is a debt that Changsha DIALINE New has held for over one year. Long-term debt appears on Changsha DIALINE New balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Changsha DIALINE New balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Changsha DIALINE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha DIALINE New 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 Changsha DIALINE New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 11.1 M. The current year's Selling General Administrative is expected to grow to about 67.2 M
 2021 2022 2023 2024 (projected)
Gross Profit37.4M227.1M308.5M323.9M
Total Revenue270.7M642.7M848.1M442.3M

Changsha DIALINE fundamental ratios Correlations

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0.840.990.790.820.790.580.890.450.840.510.570.420.530.510.840.430.810.90.450.79-0.50.580.630.840.81
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0.830.610.720.860.580.880.620.90.720.30.310.480.740.540.740.540.750.80.740.89-0.20.830.850.70.7
0.910.920.890.890.890.90.620.470.920.50.60.350.520.440.920.470.890.820.520.86-0.510.670.670.960.93
0.750.50.690.750.450.790.90.470.610.340.340.40.810.450.550.770.710.740.770.85-0.040.840.870.640.58
0.970.870.940.940.840.930.720.920.610.730.770.520.510.610.980.560.960.790.650.9-0.480.840.840.960.99
0.640.550.640.540.510.530.30.50.340.730.950.650.190.670.660.430.720.350.470.52-0.250.650.670.60.71
0.670.640.760.530.570.60.310.60.340.770.950.590.260.590.710.430.80.430.610.56-0.30.720.720.670.79
0.520.490.370.480.420.490.480.350.40.520.650.590.40.990.580.030.540.340.380.50.090.490.530.320.5
0.670.590.630.650.530.720.740.520.810.510.190.260.40.440.530.490.650.710.690.770.270.660.70.570.51
0.610.560.430.590.510.570.540.440.450.610.670.590.990.440.660.10.60.430.370.590.020.520.570.420.57
0.950.870.880.920.840.920.740.920.550.980.660.710.580.530.660.390.930.760.620.88-0.410.790.790.90.97
0.640.450.690.620.430.610.540.470.770.560.430.430.030.490.10.390.630.660.550.69-0.340.680.70.690.52
0.970.870.980.90.810.960.750.890.710.960.720.80.540.650.60.930.630.830.80.93-0.380.920.920.940.97
0.870.90.830.870.90.880.80.820.740.790.350.430.340.710.430.760.660.830.630.9-0.460.720.770.850.76
0.70.550.810.590.450.770.740.520.770.650.470.610.380.690.370.620.550.80.630.72-0.130.940.910.630.7
0.980.830.910.970.790.980.890.860.850.90.520.560.50.770.590.880.690.930.90.72-0.310.860.890.920.88
-0.4-0.46-0.43-0.4-0.5-0.37-0.2-0.51-0.04-0.48-0.25-0.30.090.270.02-0.41-0.34-0.38-0.46-0.13-0.31-0.26-0.25-0.51-0.48
0.870.660.910.790.580.890.830.670.840.840.650.720.490.660.520.790.680.920.720.940.86-0.260.990.80.85
0.890.690.90.820.630.90.850.670.870.840.670.720.530.70.570.790.70.920.770.910.89-0.250.990.80.84
0.960.870.960.930.840.940.70.960.640.960.60.670.320.570.420.90.690.940.850.630.92-0.510.80.80.95
0.960.860.950.90.810.930.70.930.580.990.710.790.50.510.570.970.520.970.760.70.88-0.480.850.840.95
Click cells to compare fundamentals

Changsha DIALINE Account Relationship Matchups

Changsha DIALINE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.5B2.2B1.3B
Other Current Liab59.1M56.0M49.3M133.1M132.2M138.9M
Total Current Liabilities430.4M390.6M597.0M702.0M685.5M512.0M
Total Stockholder Equity531.9M533.5M455.4M754.5M1.3B669.4M
Other Liab2.6M2.6M2.7M4.9M5.6M5.9M
Net Tangible Assets491.4M494.2M417.2M717.4M825.0M523.7M
Retained Earnings167.3M168.8M90.7M181.6M254.8M191.9M
Accounts Payable101.9M106.0M125.3M215.4M219.9M135.6M
Cash190.8M99.2M85.2M120.2M278.1M183.6M
Non Current Assets Total529.8M627.2M641.2M734.7M1.0B632.1M
Non Currrent Assets Other19.9M24.9M27.9M4.0M21.3M14.8M
Other Assets42.4M51.6M61.5M29.7M34.2M32.6M
Long Term Debt178.8M210.2M41.5M72.5M141.6M114.2M
Net Receivables289.5M123.5M130.6M240.7M233.6M218.7M
Non Current Liabilities Total181.4M212.8M44.2M77.4M179.1M121.7M
Inventory128.4M142.7M105.9M167.4M216.9M135.0M
Other Current Assets5.1M3.3M21.6M8.4M19.5M12.7M
Total Liab611.8M603.4M641.2M779.5M864.6M633.7M
Short Long Term Debt260M215.2M212.9M280.3M147.2M236.1M
Total Current Assets613.9M509.7M454.1M797.2M1.1B672.4M
Non Current Liabilities Other44.9M178.8M205.4K626.1K563.5K535.3K
Intangible Assets40.4M39.3M38.2M37.1M45.8M41.2M
Common Stock82.4M82.4M107.1M121.5M139.8M97.4M
Property Plant Equipment447.0M536.4M540.0M666.4M766.4M485.8M
Common Stock Shares Outstanding107.1M107.1M107.1M121.5M278.8M147.1M
Net Invested Capital970.7M958.9M709.8M1.1B1.6B1.1B
Net Working Capital183.5M119.1M(142.9M)95.1M440.4M462.4M
Net Debt248.0M326.3M169.1M232.7M10.6M10.1M
Capital Stock82.4M82.4M107.1M121.5M278.8M292.7M

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Other Information on Investing in Changsha Stock

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