Rising Long Term Debt vs Common Stock 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 Long Term Debt and its Common Stock 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.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rising Nonferrous Metals Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rising Nonferrous' Long Term Debt and Common Stock is 0.31. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock 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' Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Rising Nonferrous Metals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Rising Nonferrous' Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Rising Nonferrous Metals has held for over one year. Long-term debt appears on Rising Nonferrous Metals 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 Rising Nonferrous Metals 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.

Common Stock

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.47	0.67	0.95	0.25	0.89	0.54	-0.01	0.36	-0.08	0.94	0.26	0.71	0.95	0.73	-0.09	0.55	0.73	0.7	-0.85	-0.81	0.76	0.74	0.9	0.72	0.83
Other Current Liab	-0.47		0.02	-0.65	-0.53	-0.28	-0.06	0.36	0.03	0.12	-0.42	-0.05	-0.03	-0.58	-0.35	0.16	-0.34	-0.09	-0.52	0.3	0.44	-0.55	-0.56	-0.46	-0.52	-0.46
Total Current Liabilities	0.67	0.02		0.51	-0.26	0.7	0.54	0.18	0.23	0.08	0.71	0.36	0.94	0.58	0.73	-0.01	0.52	0.54	0.42	-0.57	-0.58	0.47	0.46	0.64	0.47	0.67
Total Stockholder Equity	0.95	-0.65	0.51		0.34	0.8	0.48	-0.07	0.21	-0.1	0.88	0.24	0.54	0.93	0.72	-0.18	0.47	0.58	0.78	-0.78	-0.83	0.84	0.83	0.9	0.79	0.81
Retained Earnings	0.25	-0.53	-0.26	0.34		0.07	-0.09	-0.5	0.05	-0.46	0.05	-0.15	-0.12	0.45	-0.22	0.3	-0.12	0.26	-0.09	-0.31	0.0	-0.01	-0.03	0.23	-0.11	0.43
Accounts Payable	0.89	-0.28	0.7	0.8	0.07		0.64	-0.05	0.51	0.07	0.87	0.5	0.77	0.77	0.73	-0.17	0.65	0.59	0.71	-0.78	-0.76	0.74	0.66	0.89	0.7	0.66
Cash	0.54	-0.06	0.54	0.48	-0.09	0.64		-0.16	0.67	-0.26	0.41	0.35	0.7	0.4	0.62	-0.03	0.23	0.3	0.65	-0.64	-0.75	0.65	0.61	0.78	0.69	0.51
Other Assets	-0.01	0.36	0.18	-0.07	-0.5	-0.05	-0.16		-0.35	-0.04	0.14	-0.21	0.04	-0.07	0.14	-0.35	-0.31	0.33	-0.07	0.11	0.06	-0.06	-0.04	-0.16	-0.03	-0.03
Long Term Debt	0.36	0.03	0.23	0.21	0.05	0.51	0.67	-0.35		-0.06	0.23	0.24	0.52	0.21	0.31	0.22	0.35	0.25	0.29	-0.51	-0.45	0.32	0.27	0.47	0.33	0.22
Net Receivables	-0.08	0.12	0.08	-0.1	-0.46	0.07	-0.26	-0.04	-0.06		0.04	0.38	-0.03	-0.22	0.18	0.09	0.58	-0.3	0.16	0.36	0.08	0.11	0.08	-0.18	0.1	-0.39
Inventory	0.94	-0.42	0.71	0.88	0.05	0.87	0.41	0.14	0.23	0.04		0.25	0.69	0.86	0.78	-0.27	0.65	0.68	0.69	-0.72	-0.72	0.74	0.72	0.81	0.7	0.71
Other Current Assets	0.26	-0.05	0.36	0.24	-0.15	0.5	0.35	-0.21	0.24	0.38	0.25		0.35	0.11	0.46	-0.31	0.54	-0.06	0.46	-0.04	-0.3	0.47	0.38	0.41	0.4	0.08
Total Liab	0.71	-0.03	0.94	0.54	-0.12	0.77	0.7	0.04	0.52	-0.03	0.69	0.35		0.62	0.73	0.12	0.52	0.6	0.44	-0.69	-0.65	0.5	0.48	0.73	0.5	0.73
Intangible Assets	0.95	-0.58	0.58	0.93	0.45	0.77	0.4	-0.07	0.21	-0.22	0.86	0.11	0.62		0.56	0.01	0.41	0.73	0.53	-0.83	-0.7	0.61	0.6	0.81	0.56	0.9
Common Stock	0.73	-0.35	0.73	0.72	-0.22	0.73	0.62	0.14	0.31	0.18	0.78	0.46	0.73	0.56		-0.32	0.6	0.34	0.86	-0.53	-0.82	0.89	0.9	0.8	0.89	0.59
Property Plant Equipment	-0.09	0.16	-0.01	-0.18	0.3	-0.17	-0.03	-0.35	0.22	0.09	-0.27	-0.31	0.12	0.01	-0.32		-0.06	0.18	-0.4	-0.03	0.19	-0.37	-0.37	-0.17	-0.36	0.08
Short Term Investments	0.55	-0.34	0.52	0.47	-0.12	0.65	0.23	-0.31	0.35	0.58	0.65	0.54	0.52	0.41	0.6	-0.06		0.16	0.56	-0.25	-0.4	0.55	0.5	0.48	0.51	0.21
Other Liab	0.73	-0.09	0.54	0.58	0.26	0.59	0.3	0.33	0.25	-0.3	0.68	-0.06	0.6	0.73	0.34	0.18	0.16		0.18	-0.67	-0.4	0.27	0.24	0.54	0.22	0.68
Net Tangible Assets	0.7	-0.52	0.42	0.78	-0.09	0.71	0.65	-0.07	0.29	0.16	0.69	0.46	0.44	0.53	0.86	-0.4	0.56	0.18		-0.5	-0.85	0.99	0.97	0.82	0.99	0.44
Other Stockholder Equity	-0.85	0.3	-0.57	-0.78	-0.31	-0.78	-0.64	0.11	-0.51	0.36	-0.72	-0.04	-0.69	-0.83	-0.53	-0.03	-0.25	-0.67	-0.5		0.81	-0.57	-0.56	-0.83	-0.54	-0.83
Deferred Long Term Liab	-0.81	0.44	-0.58	-0.83	0.0	-0.76	-0.75	0.06	-0.45	0.08	-0.72	-0.3	-0.65	-0.7	-0.82	0.19	-0.4	-0.4	-0.85	0.81		-0.88	-0.89	-0.89	-0.89	-0.7
Long Term Investments	0.76	-0.55	0.47	0.84	-0.01	0.74	0.65	-0.06	0.32	0.11	0.74	0.47	0.5	0.61	0.89	-0.37	0.55	0.27	0.99	-0.57	-0.88		0.98	0.87	0.98	0.54
Short Long Term Debt	0.74	-0.56	0.46	0.83	-0.03	0.66	0.61	-0.04	0.27	0.08	0.72	0.38	0.48	0.6	0.9	-0.37	0.5	0.24	0.97	-0.56	-0.89	0.98		0.84	0.98	0.55
Total Current Assets	0.9	-0.46	0.64	0.9	0.23	0.89	0.78	-0.16	0.47	-0.18	0.81	0.41	0.73	0.81	0.8	-0.17	0.48	0.54	0.82	-0.83	-0.89	0.87	0.84		0.83	0.8
Short Term Debt	0.72	-0.52	0.47	0.79	-0.11	0.7	0.69	-0.03	0.33	0.1	0.7	0.4	0.5	0.56	0.89	-0.36	0.51	0.22	0.99	-0.54	-0.89	0.98	0.98	0.83		0.5
Non Current Assets Total	0.83	-0.46	0.67	0.81	0.43	0.66	0.51	-0.03	0.22	-0.39	0.71	0.08	0.73	0.9	0.59	0.08	0.21	0.68	0.44	-0.83	-0.7	0.54	0.55	0.8	0.5

Click cells to compare fundamentals

Rising Nonferrous Account Relationship Matchups

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

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft
HBI	Hanesbrands
STLD	Steel Dynamics

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Rising Long Term Debt vs Common Stock Analysis

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock

Rising Nonferrous fundamental ratios Correlations

Rising Nonferrous Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rising Nonferrous fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Rising Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 0.99	Net Tangible Assets
Short Term Debt	+ 0.99	Net Tangible Assets
Short Long Term Debt	+ 0.98	Long Term Investments
Short Term Debt	+ 0.98	Long Term Investments
Short Term Debt	+ 0.98	Short Long Term Debt
Short Long Term Debt	+ 0.97	Net Tangible Assets

Short Term Debt	- 0.89	Deferred Long Term Liab
Total Current Assets	- 0.89	Deferred Long Term Liab
Short Long Term Debt	- 0.89	Deferred Long Term Liab
Long Term Investments	- 0.88	Deferred Long Term Liab
Deferred Long Term Liab	- 0.85	Net Tangible Assets
Other Stockholder Equity	- 0.85	Total Assets