600268 Stock | | | 6.85 0.15 2.14% |
Guodian Nanjing financial indicator trend analysis is much more than just examining Guodian Nanjing Auto latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guodian Nanjing Auto is a good investment. Please check the relationship between Guodian Nanjing Accounts Payable and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guodian Nanjing Automation. 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.
Accounts Payable vs Long Term Debt
Accounts Payable vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guodian Nanjing Auto Accounts Payable account and
Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Guodian Nanjing's Accounts Payable and Long Term Debt is 0.09. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Guodian Nanjing Automation, assuming nothing else is changed. The correlation between historical values of Guodian Nanjing's Accounts Payable 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 Accounts Payable of Guodian Nanjing Automation 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 Accounts Payable i.e., Guodian Nanjing's Accounts Payable and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Guodian Nanjing obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guodian Nanjing Auto are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Long Term Debt
Long-term debt is a debt that Guodian Nanjing Auto has held for over one year. Long-term debt appears on Guodian Nanjing Automation 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 Guodian Nanjing Automation 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 Guodian Nanjing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guodian Nanjing Auto 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 Guodian Nanjing Automation. 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 448.5
M, whereas
Tax Provision is forecasted to decline to about 62.1
M.
Guodian Nanjing fundamental ratios Correlations
Click cells to compare fundamentals
Guodian Nanjing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guodian Nanjing fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guodian Stock
Balance Sheet is a snapshot of the
financial position of Guodian Nanjing Auto at a specified time, usually calculated after every quarter, six months, or one year. Guodian Nanjing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guodian Nanjing 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 Guodian currently owns. An asset can also be divided into two categories, current and non-current.