Guodian Long Term Debt vs Long Term Investments Analysis

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 Long Term Debt and its Long Term Investments 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.

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guodian Nanjing Auto Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guodian Nanjing's Long Term Debt and Long Term Investments is 0.73. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments 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 Long Term Debt and Long Term Investments 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 Guodian Nanjing Automation are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Guodian Nanjing's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Long Term Investments

Long Term Investments is an item on the asset side of Guodian Nanjing balance sheet that represents investments Guodian Nanjing Auto intends to hold for over a year. Guodian Nanjing Automation long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.
 2021 2022 2023 2024 (projected)
Operating Income412.6M560.9M587.9M617.3M
Total Revenue5.9B7.0B7.6B8.0B

Guodian Nanjing fundamental ratios Correlations

0.540.960.70.230.930.370.480.950.920.860.220.960.660.870.880.110.330.110.110.120.080.30.10.270.01
0.540.620.09-0.30.4-0.280.490.580.410.440.550.630.290.330.74-0.230.60.55-0.5-0.44-0.480.150.37-0.30.48
0.960.620.470.050.920.220.470.970.780.780.221.00.710.710.92-0.050.380.16-0.1-0.04-0.110.380.180.240.16
0.70.090.470.590.610.620.230.520.890.70.10.490.260.930.40.39-0.03-0.070.60.480.470.07-0.170.33-0.38
0.23-0.30.050.590.160.810.040.050.430.39-0.010.06-0.060.390.060.26-0.09-0.760.510.540.41-0.32-0.40.24-0.5
0.930.40.920.610.160.460.470.870.80.75-0.070.920.780.790.730.090.220.050.260.280.170.390.020.45-0.13
0.37-0.280.220.620.810.460.10.210.50.3-0.370.230.220.510.020.43-0.25-0.680.750.680.630.1-0.570.64-0.75
0.480.490.470.230.040.470.10.40.380.49-0.090.50.30.350.51-0.080.640.040.050.170.01-0.070.12-0.030.03
0.950.580.970.520.050.870.210.40.810.720.240.970.650.760.90.080.330.16-0.06-0.14-0.010.440.10.260.11
0.920.410.780.890.430.80.50.380.810.820.260.790.460.980.730.240.150.030.290.210.240.21-0.030.28-0.15
0.860.440.780.70.390.750.30.490.720.820.380.790.530.750.81-0.130.460.060.050.28-0.07-0.170.25-0.050.12
0.220.550.220.1-0.01-0.07-0.37-0.090.240.260.380.22-0.240.130.5-0.330.410.41-0.63-0.41-0.56-0.240.53-0.590.63
0.960.631.00.490.060.920.230.50.970.790.790.220.710.730.920.00.410.16-0.08-0.04-0.080.360.170.230.15
0.660.290.710.26-0.060.780.220.30.650.460.53-0.240.710.450.53-0.020.030.070.110.120.080.160.030.17-0.04
0.870.330.710.930.390.790.510.350.760.980.750.130.730.450.620.330.060.070.430.280.360.27-0.080.36-0.24
0.880.740.920.40.060.730.020.510.90.730.810.50.920.530.62-0.180.60.22-0.32-0.21-0.270.120.33-0.10.36
0.11-0.23-0.050.390.260.090.43-0.080.080.24-0.13-0.330.0-0.020.33-0.18-0.38-0.160.560.110.730.28-0.380.44-0.42
0.330.60.38-0.03-0.090.22-0.250.640.330.150.460.410.410.030.060.6-0.380.19-0.38-0.21-0.34-0.260.34-0.420.39
0.110.550.16-0.07-0.760.05-0.680.040.160.030.060.410.160.070.070.22-0.160.19-0.4-0.34-0.380.170.59-0.380.57
0.11-0.5-0.10.60.510.260.750.05-0.060.290.05-0.63-0.080.110.43-0.320.56-0.38-0.40.720.880.07-0.620.58-0.88
0.12-0.44-0.040.480.540.280.680.17-0.140.210.28-0.41-0.040.120.28-0.210.11-0.21-0.340.720.47-0.2-0.130.34-0.52
0.08-0.48-0.110.470.410.170.630.01-0.010.24-0.07-0.56-0.080.080.36-0.270.73-0.34-0.380.880.470.09-0.60.47-0.79
0.30.150.380.07-0.320.390.1-0.070.440.21-0.17-0.240.360.160.270.120.28-0.260.170.07-0.20.09-0.180.75-0.13
0.10.370.18-0.17-0.40.02-0.570.120.1-0.030.250.530.170.03-0.080.33-0.380.340.59-0.62-0.13-0.6-0.18-0.530.9
0.27-0.30.240.330.240.450.64-0.030.260.28-0.05-0.590.230.170.36-0.10.44-0.42-0.380.580.340.470.75-0.53-0.6
0.010.480.16-0.38-0.5-0.13-0.750.030.11-0.150.120.630.15-0.04-0.240.36-0.420.390.57-0.88-0.52-0.79-0.130.9-0.6
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Guodian Nanjing Account Relationship Matchups

Guodian Nanjing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B8.7B9.3B9.2B9.9B6.6B
Other Current Liab485.1M502.9M623.3M56.0M85.9M81.6M
Total Current Liabilities5.5B5.3B5.3B5.3B5.5B4.1B
Total Stockholder Equity2.4B2.4B2.7B2.8B3.1B1.8B
Retained Earnings382.3M418.1M641.6M496.0M911.0M956.5M
Accounts Payable3.5B3.7B3.8B3.7B4.1B2.4B
Cash1.3B1.3B1.8B1.2B1.8B1.9B
Other Assets178.3M238.1M251.9M285.6M328.4M170.9M
Net Receivables4.3B3.4B3.4B3.7B3.8B2.9B
Inventory752.0M828.3M937.9M1.1B1.1B707.6M
Other Current Assets181.5M202.3M146.5M2.5M15.3M14.6M
Total Liab5.7B5.5B5.7B5.5B5.9B4.3B
Intangible Assets435.6M454.2M489.8M520.0M494.2M296.1M
Property Plant Equipment1.1B988.6M922.4M880.6M1.0B787.9M
Long Term Debt144M163M431M245M303.1M228.0M
Other Liab30.4M29.1M26.7M30.3M34.8M33.1M
Net Tangible Assets1.9B2.1B2.1B2.4B2.7B1.8B
Deferred Long Term Liab61.7M124.2M131.7M165.0M189.7M115.8M
Short Long Term Debt1.4B819.9M600.6M340.3M83.1M79.0M
Total Current Assets6.4B6.4B6.8B6.7B7.3B5.5B
Non Current Assets Total2.4B2.3B2.5B2.5B2.7B2.1B
Non Current Liabilities Total173.1M189.7M461.3M291.0M380.6M364.4M
Non Current Liabilities Other250M592M144M3.7M3.3M3.2M
Net Invested Capital4.0B3.4B3.7B3.4B3.5B3.1B
Net Working Capital916.4M1.1B1.5B1.4B1.8B1.2B

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.