Ningbo Total Current Liabilities vs Total Liab Analysis

600130 Stock   4.93  0.04  0.82%   
Ningbo Bird financial indicator trend analysis is infinitely more than just investigating Ningbo Bird recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Bird is a good investment. Please check the relationship between Ningbo Bird Total Current Liabilities and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Bird 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 Total Liab

Total Current Liabilities vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Bird Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Ningbo Bird's Total Current Liabilities and Total Liab is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab in the same time period over historical financial statements of Ningbo Bird Co, assuming nothing else is changed. The correlation between historical values of Ningbo Bird's Total Current Liabilities and Total 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 Ningbo Bird Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Ningbo Bird's Total Current Liabilities and Total Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

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

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Ningbo Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Bird 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 Ningbo Bird 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.
As of December 29, 2024, Selling General Administrative is expected to decline to about 8.2 M. In addition to that, Tax Provision is expected to decline to about 1 M
 2021 2022 2023 2024 (projected)
Gross Profit88.2M66.8M53.2M58.2M
Research Development19.1M20.4M17.6M32.1M

Ningbo Bird fundamental ratios Correlations

-0.080.440.48-0.580.250.440.02-0.290.070.380.340.30.130.430.36-0.15-0.130.40.20.03-0.36-0.2-0.19-0.250.0
-0.080.7-0.30.450.610.46-0.38-0.240.560.64-0.750.68-0.050.730.42-0.520.88-0.21-0.390.70.79-0.120.730.250.84
0.440.70.190.10.510.93-0.44-0.280.40.89-0.520.740.311.00.5-0.380.61-0.12-0.390.620.57-0.070.560.110.73
0.48-0.30.19-0.59-0.160.270.090.02-0.230.290.43-0.040.360.150.130.32-0.390.290.08-0.02-0.34-0.11-0.14-0.39-0.24
-0.580.450.1-0.59-0.030.080.140.5-0.130.08-0.65-0.12-0.270.1-0.480.160.34-0.14-0.220.570.59-0.080.590.160.65
0.250.610.51-0.16-0.030.28-0.05-0.720.910.25-0.450.87-0.330.570.75-0.880.780.250.020.540.16-0.360.32-0.210.51
0.440.460.930.270.080.28-0.46-0.110.180.83-0.440.560.480.910.31-0.170.39-0.18-0.430.470.480.020.410.110.6
0.02-0.38-0.440.090.14-0.05-0.460.35-0.27-0.510.33-0.44-0.69-0.44-0.450.31-0.370.750.610.21-0.57-0.54-0.06-0.61-0.1
-0.29-0.24-0.280.020.5-0.72-0.110.35-0.86-0.110.13-0.78-0.03-0.34-0.930.88-0.510.060.020.080.0-0.040.06-0.130.06
0.070.560.4-0.23-0.130.910.18-0.27-0.860.15-0.440.89-0.220.480.87-0.970.81-0.02-0.050.280.24-0.080.270.040.3
0.380.640.890.290.080.250.83-0.51-0.110.15-0.440.510.420.860.33-0.140.43-0.21-0.440.540.570.060.510.180.65
0.34-0.75-0.520.43-0.65-0.45-0.440.330.13-0.44-0.44-0.55-0.03-0.54-0.160.4-0.830.290.47-0.6-0.82-0.04-0.73-0.37-0.73
0.30.680.74-0.04-0.120.870.56-0.44-0.780.890.51-0.550.040.790.88-0.860.85-0.05-0.210.410.43-0.020.440.130.48
0.13-0.050.310.36-0.27-0.330.48-0.69-0.03-0.220.42-0.030.040.270.070.2-0.15-0.55-0.57-0.330.260.24-0.160.45-0.12
0.430.731.00.150.10.570.91-0.44-0.340.480.86-0.540.790.270.56-0.450.66-0.11-0.380.620.57-0.080.570.110.74
0.360.420.50.13-0.480.750.31-0.45-0.930.870.33-0.160.880.070.56-0.850.59-0.07-0.090.070.140.050.110.080.1
-0.15-0.52-0.380.320.16-0.88-0.170.310.88-0.97-0.140.4-0.860.2-0.45-0.85-0.760.110.13-0.18-0.210.07-0.13-0.09-0.27
-0.130.880.61-0.390.340.780.39-0.37-0.510.810.43-0.830.85-0.150.660.59-0.76-0.19-0.290.580.72-0.010.690.280.69
0.4-0.21-0.120.29-0.140.25-0.180.750.06-0.02-0.210.29-0.05-0.55-0.11-0.070.11-0.190.780.31-0.57-0.50.08-0.660.0
0.2-0.39-0.390.08-0.220.02-0.430.610.02-0.05-0.440.47-0.21-0.57-0.38-0.090.13-0.290.78-0.06-0.57-0.02-0.03-0.32-0.31
0.030.70.62-0.020.570.540.470.210.080.280.54-0.60.41-0.330.620.07-0.180.580.31-0.060.42-0.440.75-0.30.91
-0.360.790.57-0.340.590.160.48-0.570.00.240.57-0.820.430.260.570.14-0.210.72-0.57-0.570.420.290.740.640.64
-0.2-0.12-0.07-0.11-0.08-0.360.02-0.54-0.04-0.080.06-0.04-0.020.24-0.080.050.07-0.01-0.5-0.02-0.440.290.040.59-0.32
-0.190.730.56-0.140.590.320.41-0.060.060.270.51-0.730.44-0.160.570.11-0.130.690.08-0.030.750.740.040.250.72
-0.250.250.11-0.390.16-0.210.11-0.61-0.130.040.18-0.370.130.450.110.08-0.090.28-0.66-0.32-0.30.640.590.25-0.03
0.00.840.73-0.240.650.510.6-0.10.060.30.65-0.730.48-0.120.740.1-0.270.690.0-0.310.910.64-0.320.72-0.03
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Ningbo Bird Account Relationship Matchups

Ningbo Bird fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.3B1.2B1.2B1.2B1.5B
Other Current Liab23.3M21.3M24.1M1.7M1.3M1.2M
Total Current Liabilities129.1M291.2M207.4M146.6M128.4M122.0M
Total Stockholder Equity903.5M938.0M981.0M998.9M1.0B755.9M
Other Liab6.0M5.6M6.1M5.7M5.2M4.9M
Retained Earnings(325.2M)(290.9M)(248.0M)(296.2M)(282.2M)(268.1M)
Accounts Payable95.3M228.1M145.0M97.9M88.2M83.8M
Cash302.6M292.9M383.5M562.1M573.8M457.6M
Other Assets123.7M155.7M147.4M133.9M154.0M127.7M
Net Receivables69.6M240.0M180.8M138.3M73.6M70.0M
Short Term Investments226.9M201.9M190.5M182.8M253.8M266.5M
Inventory31.0M66.6M60.8M35.5M36.4M34.6M
Other Current Assets118.7M168.1M136.5M4.2M3.5M3.3M
Total Liab134.7M297.3M213.1M153.1M135.8M129.0M
Intangible Assets11.3M11.4M10.9M10.3M9.9M9.4M
Property Plant Equipment76.6M68.1M60.8M62.3M56.0M53.2M
Net Tangible Assets890.6M926.6M970.1M988.6M1.1B1.0B
Other Stockholder Equity4.8M4.8M5.0M5.1M5.9M5.4M
Total Current Assets748.7M976.7M959.0M938.6M954.0M729.1M
Non Current Assets Total289.4M274.7M274.2M262.6M247.2M237.3M
Non Current Liabilities Total5.6M6.1M5.7M6.5M7.4M5.3M
Net Invested Capital903.5M961.0M996.0M1.0B1.0B1.0B
Net Working Capital619.6M685.5M751.6M792.1M825.6M742.4M

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Other Information on Investing in Ningbo Stock

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