Poly Other Assets vs Other Current Assets Analysis

600048 Stock   10.24  0.21  2.09%   
Poly Real financial indicator trend analysis is much more than just breaking down Poly Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Poly Real Estate is a good investment. Please check the relationship between Poly Real Other Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Poly Real Estate. 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.

Other Assets vs Other Current Assets

Other Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Poly Real Estate Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Poly Real's Other Assets and Other Current Assets is 0.67. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Poly Real Estate, assuming nothing else is changed. The correlation between historical values of Poly Real's Other Assets and Other Current 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 Other Assets of Poly Real Estate are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., Poly Real's Other Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Poly Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Poly Real Estate 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 Poly Real Estate. 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 10.3 B, whereas Selling General Administrative is forecasted to decline to about 8.1 B.
 2021 2022 2023 2024 (projected)
Operating Income46.6B35.5B31.3B21.0B
Total Revenue285.0B281.1B346.9B364.2B

Poly Real fundamental ratios Correlations

1.0-0.541.00.820.980.850.991.01.00.610.930.940.950.160.960.94-0.230.850.970.920.92-0.80.96-0.810.95
1.0-0.561.00.790.980.840.980.990.990.660.910.930.930.190.940.93-0.190.850.950.910.92-0.820.95-0.840.92
-0.54-0.56-0.56-0.31-0.54-0.05-0.53-0.51-0.54-0.29-0.42-0.5-0.54-0.23-0.55-0.56-0.1-0.62-0.54-0.58-0.650.71-0.560.72-0.51
1.01.0-0.560.830.970.840.981.00.990.630.930.920.930.130.940.93-0.230.850.950.90.91-0.80.94-0.820.93
0.820.79-0.310.830.750.830.790.840.810.280.940.740.78-0.390.770.78-0.540.720.820.640.65-0.470.77-0.50.84
0.980.98-0.540.970.750.810.980.970.990.610.890.950.960.260.960.94-0.130.820.950.950.91-0.80.97-0.810.94
0.850.84-0.050.840.830.810.850.870.850.530.880.770.78-0.040.770.76-0.350.670.810.70.7-0.50.77-0.530.79
0.990.98-0.530.980.790.980.850.980.990.650.910.890.920.160.930.92-0.140.890.930.90.94-0.820.94-0.830.92
1.00.99-0.511.00.840.970.870.981.00.620.940.920.930.110.940.93-0.270.850.960.90.9-0.770.95-0.790.94
1.00.99-0.540.990.810.990.850.991.00.610.930.940.950.170.960.94-0.230.850.970.920.92-0.790.97-0.810.95
0.610.66-0.290.630.280.610.530.650.620.610.430.470.440.30.540.580.140.610.460.590.57-0.660.55-0.660.51
0.930.91-0.420.930.940.890.880.910.940.930.430.860.88-0.090.880.89-0.410.790.910.790.79-0.630.89-0.650.92
0.940.93-0.50.920.740.950.770.890.920.940.470.860.960.280.950.93-0.230.70.980.940.83-0.690.95-0.710.92
0.950.93-0.540.930.780.960.780.920.930.950.440.880.960.210.960.93-0.240.780.970.940.86-0.70.96-0.720.95
0.160.19-0.230.13-0.390.26-0.040.160.110.170.3-0.090.280.210.240.180.330.00.180.360.26-0.320.23-0.320.1
0.960.94-0.550.940.770.960.770.930.940.960.540.880.950.960.240.99-0.270.820.960.960.87-0.741.0-0.750.98
0.940.93-0.560.930.780.940.760.920.930.940.580.890.930.930.180.99-0.260.860.950.960.87-0.750.99-0.770.98
-0.23-0.19-0.1-0.23-0.54-0.13-0.35-0.14-0.27-0.230.14-0.41-0.23-0.240.33-0.27-0.26-0.03-0.27-0.040.07-0.16-0.24-0.14-0.32
0.850.85-0.620.850.720.820.670.890.850.850.610.790.70.780.00.820.86-0.030.790.820.92-0.850.84-0.860.83
0.970.95-0.540.950.820.950.810.930.960.970.460.910.980.970.180.960.95-0.270.790.940.89-0.720.96-0.740.94
0.920.91-0.580.90.640.950.70.90.90.920.590.790.940.940.360.960.96-0.040.820.940.91-0.780.96-0.80.92
0.920.92-0.650.910.650.910.70.940.90.920.570.790.830.860.260.870.870.070.920.890.91-0.880.89-0.90.83
-0.8-0.820.71-0.8-0.47-0.8-0.5-0.82-0.77-0.79-0.66-0.63-0.69-0.7-0.32-0.74-0.75-0.16-0.85-0.72-0.78-0.88-0.761.0-0.69
0.960.95-0.560.940.770.970.770.940.950.970.550.890.950.960.231.00.99-0.240.840.960.960.89-0.76-0.770.98
-0.81-0.840.72-0.82-0.5-0.81-0.53-0.83-0.79-0.81-0.66-0.65-0.71-0.72-0.32-0.75-0.77-0.14-0.86-0.74-0.8-0.91.0-0.77-0.7
0.950.92-0.510.930.840.940.790.920.940.950.510.920.920.950.10.980.98-0.320.830.940.920.83-0.690.98-0.7
Click cells to compare fundamentals

Poly Real Account Relationship Matchups

Poly Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0T1.3T1.4T1.5T1.4T1.5T
Total Stockholder Equity156.0B180.2B195.6B196.3B198.5B208.5B
Other Liab163.5M368.8M724.0M591.9M532.7M506.1M
Retained Earnings110.1B129.5B147.1B151.5B157.9B165.8B
Accounts Payable23.3B54.9B73.5B162.7B173.7B182.4B
Cash139.4B146.0B171.4B176.5B148.0B155.4B
Other Assets24.3B25.7B31.2B37.8B43.5B45.7B
Long Term Debt203.6B232.2B273.5B300.2B280.5B294.5B
Inventory584.0B741.5B809.7B877.9B869.5B913.0B
Total Liab803.7B984.7B1.1T1.1T1.1T1.2T
Common Stock11.9B11.9B12.0B12.0B13.8B7.3B
Property Plant Equipment5.5B8.0B8.2B16.0B18.4B19.4B
Intangible Assets389.2M429.8M404.2M371.0M373.5M392.2M
Good Will9.8M48.1M49.0M66.8M65.9M69.2M
Other Current Liab417.1B494.6B551.0B37.5B34.1B32.4B
Total Current Liabilities599.7B751.8B818.8B842.3B813.7B624.3B
Net Tangible Assets155.6B179.8B195.1B200.9B231.0B154.1B
Net Receivables135.0B2.5B3.2B4.0B3.8B3.6B
Other Current Assets43.0B47.0B48.2B61.3B74.6B55.1B
Other Stockholder Equity6.7B15.7B20.4B18.6B21.4B22.5B
Deferred Long Term Liab356.1M531.8M559.1M498.2M573.0M357.6M
Short Long Term Debt3.1B4.8B4.1B1.2B5.2B5.1B
Total Current Assets936.9B1.1T1.2T1.3T1.3T992.8B
Non Current Assets Total96.3B115.1B152.6B170.1B168.4B119.0B
Non Currrent Assets Other2.8B2.2M1.9M9.0M9.8M9.3M
Non Current Liabilities Total204.0B233.0B278.2B306.0B286.2B247.1B
Net Debt67.3B91.0B106.2B124.9B137.7B116.6B
Common Stock Shares Outstanding11.9B12.0B12.0B12.0B13.8B13.1B
Net Invested Capital362.7B417.2B473.2B497.7B484.3B449.4B
Net Working Capital337.2B384.5B428.5B458.1B454.8B419.2B
Capital Stock11.9B12.0B12.0B12.0B13.8B13.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Poly Stock

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