Rising Intangible Assets vs Deferred Long Term Liab Analysis
600259 Stock | 29.92 0.37 1.25% |
Rising Nonferrous financial indicator trend analysis is much more than just breaking down Rising Nonferrous Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rising Nonferrous Metals is a good investment. Please check the relationship between Rising Nonferrous Intangible Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Rising Nonferrous Metals. 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.
Intangible Assets vs Deferred Long Term Liab
Intangible Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rising Nonferrous Metals Intangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rising Nonferrous' Intangible Assets and Deferred Long Term Liab is -0.7. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Rising Nonferrous Metals, assuming nothing else is changed. The correlation between historical values of Rising Nonferrous' Intangible Assets and Deferred Long Term 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 Intangible Assets of Rising Nonferrous Metals are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Intangible Assets i.e., Rising Nonferrous' Intangible Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Rising Nonferrous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rising Nonferrous Metals 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 Rising Nonferrous Metals. 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 Selling General Administrative is expected to grow to about 85.7 M. The current year's Tax Provision is expected to grow to about 83.6 M
Rising Nonferrous fundamental ratios Correlations
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Rising Nonferrous Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rising Nonferrous fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 4.6B | 5.8B | 7.3B | 7.7B | 8.1B | |
Other Current Liab | 219.7M | 459.5M | 556.5M | 78.9M | 10.3M | 9.8M | |
Total Current Liabilities | 1.7B | 2.2B | 2.3B | 3.0B | 2.7B | 1.5B | |
Total Stockholder Equity | 1.7B | 1.7B | 1.8B | 3.4B | 3.7B | 3.8B | |
Retained Earnings | (675.5M) | (660.5M) | (521.5M) | (312.3M) | (109.0M) | (114.4M) | |
Accounts Payable | 465.0M | 415.9M | 769.2M | 708.1M | 655.8M | 688.6M | |
Cash | 450.2M | 1.0B | 1.6B | 1.0B | 822.8M | 458.2M | |
Other Assets | 200.3M | 173.9M | 82.7M | 130.5M | 150.1M | 135.7M | |
Net Receivables | 432.9M | 223.9M | 112.0M | 100.7M | 118.2M | 186.8M | |
Inventory | 1.8B | 1.7B | 1.9B | 2.6B | 2.8B | 3.0B | |
Other Current Assets | 104.4M | 229.9M | 238.7M | 168.9M | 203.7M | 139.0M | |
Total Liab | 2.1B | 2.7B | 3.8B | 3.8B | 3.7B | 2.0B | |
Intangible Assets | 187.8M | 223.2M | 413.8M | 1.0B | 916.7M | 962.6M | |
Property Plant Equipment | 437.0M | 437.4M | 428.8M | 543.7M | 489.4M | 429.8M | |
Other Liab | 67.2M | 66.3M | 51.1M | 154.9M | 178.1M | 187.0M | |
Net Tangible Assets | 1.5B | 1.5B | 1.5B | 1.4B | 1.6B | 1.5B | |
Other Stockholder Equity | 10.6M | 3.3M | 1.5M | (3.0M) | (2.7M) | (2.5M) | |
Deferred Long Term Liab | 47.4M | 37.8M | 30.6M | 30.7M | 27.6M | 37.6M | |
Short Long Term Debt | 975.3M | 1.2B | 808.8M | 918.0M | 1.4B | 1.0B | |
Total Current Assets | 2.9B | 3.5B | 4.0B | 4.1B | 4.3B | 3.7B | |
Non Current Assets Total | 1.0B | 1.4B | 1.8B | 3.3B | 3.4B | 1.9B | |
Non Currrent Assets Other | 83.3M | (2.4K) | 51.1M | 54.6M | 32.4M | 30.8M | |
Non Current Liabilities Total | 386.3M | 601.1M | 1.5B | 783.4M | 1.1B | 770.5M | |
Net Debt | 845.1M | 667.0M | 615.7M | 108.7M | 1.2B | 767.8M | |
Net Invested Capital | 3.0B | 3.4B | 4.0B | 4.6B | 5.7B | 4.3B | |
Net Working Capital | 1.2B | 1.1B | 1.7B | 1.1B | 1.7B | 1.5B |
Currently Active Assets on Macroaxis
Other Information on Investing in Rising Stock
Balance Sheet is a snapshot of the financial position of Rising Nonferrous Metals at a specified time, usually calculated after every quarter, six months, or one year. Rising Nonferrous Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rising Nonferrous 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 Rising currently owns. An asset can also be divided into two categories, current and non-current.