Fushun Long Term Debt vs Common Stock Analysis

600399 Stock   6.60  0.06  0.92%   
Fushun Special financial indicator trend analysis is much more than just examining Fushun Special Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fushun Special Steel is a good investment. Please check the relationship between Fushun Special 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 Fushun Special Steel. 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 Fushun Special Steel Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fushun Special's Long Term Debt and Common Stock is 0.89. 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 Fushun Special Steel, assuming nothing else is changed. The correlation between historical values of Fushun Special's 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 Fushun Special Steel 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., Fushun Special's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Fushun Special Steel has held for over one year. Long-term debt appears on Fushun Special Steel 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 Fushun Special Steel 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 Fushun Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fushun Special Steel 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 Fushun Special Steel. 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 11, 2024, Selling General Administrative is expected to decline to about 71.7 M. The current year's Tax Provision is expected to grow to about (5.5 M)
 2021 2022 2023 2024 (projected)
Operating Income934.9M496.3M518.9M353.3M
Total Revenue7.4B7.8B8.6B5.4B

Fushun Special fundamental ratios Correlations

0.330.550.120.110.60.590.32-0.040.360.80.210.720.160.920.470.470.060.27-0.13-0.01-0.070.00.31-0.250.0
0.330.27-0.24-0.320.20.330.35-0.130.170.310.640.34-0.160.120.09-0.18-0.26-0.180.08-0.110.160.380.12-0.120.38
0.550.27-0.65-0.480.970.90.71-0.770.770.30.110.97-0.530.37-0.01-0.17-0.70.430.56-0.760.660.450.43-0.350.45
0.12-0.24-0.650.84-0.58-0.52-0.540.84-0.580.29-0.15-0.540.810.240.260.690.98-0.09-0.850.84-0.89-0.73-0.080.02-0.73
0.11-0.32-0.480.84-0.33-0.25-0.250.52-0.610.45-0.22-0.440.430.27-0.080.380.760.24-0.670.52-0.62-0.460.27-0.27-0.46
0.60.20.97-0.58-0.330.940.69-0.730.70.40.050.95-0.540.48-0.01-0.15-0.640.460.52-0.720.620.450.46-0.360.45
0.590.330.9-0.52-0.250.940.64-0.670.540.420.160.89-0.520.46-0.04-0.14-0.580.410.38-0.650.530.450.56-0.50.45
0.320.350.71-0.54-0.250.690.64-0.750.630.450.30.62-0.70.15-0.45-0.56-0.660.460.65-0.750.740.670.38-0.250.67
-0.04-0.13-0.770.840.52-0.73-0.67-0.75-0.570.05-0.08-0.610.890.130.440.680.91-0.55-0.81.0-0.93-0.76-0.510.39-0.76
0.360.170.77-0.58-0.610.70.540.63-0.570.080.080.75-0.360.190.09-0.16-0.630.130.72-0.580.660.43-0.10.220.43
0.80.310.30.290.450.40.420.450.050.080.140.420.090.810.080.250.20.38-0.210.06-0.15-0.030.38-0.28-0.03
0.210.640.11-0.15-0.220.050.160.3-0.080.080.140.16-0.09-0.050.22-0.17-0.19-0.280.02-0.070.140.4-0.01-0.170.4
0.720.340.97-0.54-0.440.950.890.62-0.610.750.420.16-0.360.550.180.02-0.570.320.42-0.590.50.340.35-0.280.34
0.16-0.16-0.530.810.43-0.54-0.52-0.70.89-0.360.09-0.09-0.360.240.610.870.88-0.39-0.810.9-0.91-0.86-0.380.25-0.86
0.920.120.370.240.270.480.460.150.130.190.81-0.050.550.240.410.530.210.25-0.230.15-0.22-0.160.2-0.13-0.16
0.470.09-0.010.26-0.08-0.01-0.04-0.450.440.090.080.220.180.610.410.690.31-0.4-0.320.45-0.39-0.32-0.350.27-0.32
0.47-0.18-0.170.690.38-0.15-0.14-0.560.68-0.160.25-0.170.020.870.530.690.74-0.14-0.730.7-0.78-0.82-0.130.05-0.82
0.06-0.26-0.70.980.76-0.64-0.58-0.660.91-0.630.2-0.19-0.570.880.210.310.74-0.21-0.90.92-0.96-0.83-0.180.09-0.83
0.27-0.180.43-0.090.240.460.410.46-0.550.130.38-0.280.32-0.390.25-0.4-0.14-0.210.21-0.540.340.20.81-0.590.2
-0.130.080.56-0.85-0.670.520.380.65-0.80.72-0.210.020.42-0.81-0.23-0.32-0.73-0.90.21-0.830.950.8-0.020.220.8
-0.01-0.11-0.760.840.52-0.72-0.65-0.751.0-0.580.06-0.07-0.590.90.150.450.70.92-0.54-0.83-0.94-0.77-0.470.35-0.77
-0.070.160.66-0.89-0.620.620.530.74-0.930.66-0.150.140.5-0.91-0.22-0.39-0.78-0.960.340.95-0.940.870.21-0.070.87
0.00.380.45-0.73-0.460.450.450.67-0.760.43-0.030.40.34-0.86-0.16-0.32-0.82-0.830.20.8-0.770.870.23-0.091.0
0.310.120.43-0.080.270.460.560.38-0.51-0.10.38-0.010.35-0.380.2-0.35-0.13-0.180.81-0.02-0.470.210.23-0.880.23
-0.25-0.12-0.350.02-0.27-0.36-0.5-0.250.390.22-0.28-0.17-0.280.25-0.130.270.050.09-0.590.220.35-0.07-0.09-0.88-0.09
0.00.380.45-0.73-0.460.450.450.67-0.760.43-0.030.40.34-0.86-0.16-0.32-0.82-0.830.20.8-0.770.871.00.23-0.09
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Fushun Special Account Relationship Matchups

Fushun Special fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.2B10.2B11.8B12.4B8.5B
Other Current Liab286.3M453.7M509.1M688.9M112.6M107.0M
Total Current Liabilities1.3B1.4B1.6B2.7B3.5B4.8B
Total Stockholder Equity4.5B5.0B5.9B6.1B6.4B6.7B
Retained Earnings318.6M911.1M1.7B1.9B2.0B2.1B
Accounts Payable928.6M913.4M1.1B2.0B2.2B2.6B
Cash151.2M861.3M1.2B1.8B794.7M1.3B
Other Assets5.5M3.2M7.6M6.9M6.2M5.9M
Long Term Debt2.6B2.6B2.4B2.5B2.1B2.2B
Net Receivables1.2B450.3M345.5M373.0M560.7M1.1B
Inventory1.6B1.6B2.2B2.5B2.7B1.7B
Other Current Assets84.4M269.2M157.8M167.8M54.1M51.4M
Total Liab4.1B4.2B4.4B5.7B6.0B5.9B
Property Plant Equipment3.5B3.4B3.8B4.5B5.2B3.3B
Intangible Assets798.6M783.0M756.9M731.8M715.9M499.6M
Other Liab335.6M354.3M314.2M455.4M523.8M549.9M
Net Tangible Assets3.7B4.3B5.1B5.3B6.1B6.4B
Non Current Assets Total4.3B4.2B4.5B5.3B6.2B5.4B
Non Currrent Assets Other4.4B4.3B4.3B5.4M139.2M132.2M
Non Current Liabilities Total2.8B2.8B2.7B3.0B2.5B2.5B
Deferred Long Term Liab5.5M3.2M2.2M1.5M1.4M1.3M
Total Current Assets4.3B5.1B5.7B6.5B6.1B5.8B
Net Debt2.3B1.5B1.3B758.7M1.3B1.4B
Net Invested Capital6.9B7.4B8.3B8.6B8.5B7.9B
Net Working Capital3.0B3.6B4.0B3.8B2.7B2.4B
Other Stockholder Equity7.0M10.0M14.3M13.2M15.2M10.2M

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Other Information on Investing in Fushun Stock

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